JOY ESCLAVES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JOY ESCLAVES
Largest movements
- Tangible fixed assets -€4,823
down €4,823 (-3.7%), from €128,623 to €123,800
- Debts after one year -€15,299
down €15,299 (-20.5%), from €74,688 to €59,389
- Other debts +€5,773
up €5,773 (+18.1%), from €31,937 to €37,710
- Trade debts +€2,615
up €2,615 (+105%), from €2,500 to €5,115
- Profit (loss) carried forward +€1,466
up €1,466 (+9.4%), from -€15,673 to -€14,207
- Other operating charges -€1,585
down €1,585 (-98.0%), from €1,617 to €32
- Financial charges -€712
down €712 (-14.0%), from €5,097 to €4,385
- Gross operating margin +€368
up €368 (+3.6%), from €10,338 to €10,706
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,862 | €124,225 | -€4,637 | -3.6% |
| Fixed assets | 21/28 | €128,623 | €123,800 | -€4,823 | -3.7% |
| Tangible fixed assets | 22/27 | €128,623 | €123,800 | -€4,823 | -3.7% |
| Land and buildings | 22 | €128,623 | €123,800 | -€4,823 | -3.7% |
| Current assets | 29/58 | €239 | €425 | +€186 | +77.7% |
| Cash at bank and in hand | 54/58 | €239 | €425 | +€186 | +77.7% |
| Total equity and liabilities | 10/49 | €128,862 | €124,225 | -€4,637 | -3.6% |
| Equity | 10/15 | €4,778 | €6,244 | +€1,466 | +30.7% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€15,673 | -€14,207 | +€1,466 | +9.4% |
| Amounts payable | 17/49 | €124,084 | €117,981 | -€6,103 | -4.9% |
| Amounts payable after more than one year | 17 | €74,688 | €59,389 | -€15,299 | -20.5% |
| Financial debts | 170/4 | €74,688 | €59,389 | -€15,299 | -20.5% |
| Amounts payable within one year | 42/48 | €49,054 | €58,125 | +€9,071 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €14,618 | €15,300 | +€682 | +4.7% |
| Trade debts | 44 | €2,500 | €5,115 | +€2,615 | +105% |
| Suppliers | 440/4 | €2,500 | €5,115 | +€2,615 | +105% |
| Other amounts payable | 47/48 | €31,937 | €37,710 | +€5,773 | +18.1% |
| Accrued charges and deferred income | 492/3 | €342 | €467 | +€125 | +36.6% |
| Non-recurring operating income | 76A | - | €10,706 | +€10,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,842 | €4,823 | -€19 | -0.4% |
| Other operating charges | 640/8 | €1,617 | €32 | -€1,585 | -98.0% |
| Gross operating margin | 9900 | €10,338 | €10,706 | +€368 | +3.6% |
| Operating profit (loss) | 9901 | €3,879 | €5,851 | +€1,972 | +50.8% |
| Financial charges | 65/66B | €5,097 | €4,385 | -€712 | -14.0% |
| Recurring financial charges | 65 | €5,097 | €4,385 | -€712 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,218 | €1,466 | +€2,684 | |
| Profit (loss) for the period | 9904 | -€1,218 | €1,466 | +€2,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,218 | €1,466 | +€2,684 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.