JOY IN MOTION: 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 IN MOTION
Largest movements
- Current investments +€12,000
new in 2025: €12,000
- Receivables within one year +€10,233
up €10,233 (+17.0%), from €60,331 to €70,564
of which Trade receivables: +€5,626
- Cash +€4,920
up €4,920 (+10.4%), from €47,357 to €52,277
mainly Net result for the year (+€42,743) and Other debts (+€35,319)
- Tangible fixed assets +€4,279
new in 2025: €4,279
of which Furniture and vehicles: +€3,737
- Other debts +€35,319
up €35,319 (+91.9%), from €38,419 to €73,738
- Reserves -€9,502
down €9,502 (-24.8%), from €38,293 to €28,791
- Tax, wage and social debts +€4,069
up €4,069 (+34.0%), from €11,980 to €16,049
- Trade debts +€1,979
up €1,979 (+359%), from €551 to €2,530
- Gross operating margin +€22,010
up €22,010 (+58.5%), from €37,638 to €59,648
- Taxes +€9,666
up €9,666 (+137%), from €7,073 to €16,739
- Financial income -€8,635
down €8,635 (-77.5%), from €11,148 to €2,513
- Financial charges +€1,340
up €1,340 (+892%), from €150 to €1,491
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 | €107,843 | €139,708 | +€31,865 | +29.5% |
| Fixed assets | 21/28 | - | €4,279 | +€4,279 | |
| Tangible fixed assets | 22/27 | - | €4,279 | +€4,279 | |
| Plant, machinery and equipment | 23 | - | €542 | +€542 | |
| Furniture and vehicles | 24 | - | €3,737 | +€3,737 | |
| Current assets | 29/58 | €107,843 | €135,429 | +€27,586 | +25.6% |
| Amounts receivable within one year | 40/41 | €60,331 | €70,564 | +€10,233 | +17.0% |
| Trade receivables | 40 | €5,171 | €10,797 | +€5,626 | +109% |
| Other amounts receivable | 41 | €55,159 | €59,767 | +€4,608 | +8.4% |
| Current investments | 50/53 | - | €12,000 | +€12,000 | |
| Cash at bank and in hand | 54/58 | €47,357 | €52,277 | +€4,920 | +10.4% |
| Deferred charges and accrued income | 490/1 | €155 | €588 | +€433 | +279% |
| Total equity and liabilities | 10/49 | €107,843 | €139,708 | +€31,865 | +29.5% |
| Equity | 10/15 | €56,893 | €47,391 | -€9,502 | -16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,293 | €28,791 | -€9,502 | -24.8% |
| Distributable reserves | 133 | €38,293 | €28,791 | -€9,502 | -24.8% |
| Amounts payable | 17/49 | €50,950 | €92,317 | +€41,367 | +81.2% |
| Amounts payable within one year | 42/48 | €50,950 | €92,317 | +€41,367 | +81.2% |
| Trade debts | 44 | €551 | €2,530 | +€1,979 | +359% |
| Suppliers | 440/4 | €551 | €2,530 | +€1,979 | +359% |
| Taxes, remuneration and social security | 45 | €11,980 | €16,049 | +€4,069 | +34.0% |
| Taxes | 450/3 | €11,980 | €16,049 | +€4,069 | +34.0% |
| Other amounts payable | 47/48 | €38,419 | €73,738 | +€35,319 | +91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €782 | +€506 | +184% |
| Other operating charges | 640/8 | €17 | €406 | +€389 | +2,326% |
| Gross operating margin | 9900 | €37,638 | €59,648 | +€22,010 | +58.5% |
| Operating profit (loss) | 9901 | €37,346 | €58,460 | +€21,114 | +56.5% |
| Financial income | 75/76B | €11,148 | €2,513 | -€8,635 | -77.5% |
| Recurring financial income | 75 | €11,148 | €2,513 | -€8,635 | -77.5% |
| Financial charges | 65/66B | €150 | €1,491 | +€1,340 | +892% |
| Recurring financial charges | 65 | €150 | €1,491 | +€1,340 | +892% |
| Profit (loss) for the period before taxes | 9903 | €48,344 | €59,482 | +€11,139 | +23.0% |
| Income taxes | 67/77 | €7,073 | €16,739 | +€9,666 | +137% |
| Profit (loss) for the period | 9904 | €41,271 | €42,743 | +€1,473 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,271 | €42,743 | +€1,473 | +3.6% |
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 25 October 2026 via checked.be.