JOY&PAILLETTES: 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&PAILLETTES
Largest movements
- Financial fixed assets -€7,500
down €7,500 (-99.1%), from €7,569 to €69
- Stocks and contracts -€3,000
down €3,000 (-50.0%), from €6,001 to €3,001
- Tangible fixed assets -€2,864
down €2,864 (-11.1%), from €25,791 to €22,927
of which Other tangible fixed assets: -€4,740
- Receivables within one year -€2,260
down €2,260 (-88.8%), from €2,544 to €284
- Cash -€2,032
down €2,032 (-12.2%), from €16,631 to €14,599
mainly Trade debts (-€16,047) and Net result for the year (-€13,717)
- Trade debts -€16,047
down €16,047 (-71.1%), from €22,554 to €6,507
- Other debts +€14,267
up €14,267 (+54.5%), from €26,199 to €40,466
- Profit (loss) carried forward -€13,717
down €13,717 (-77.1%), from -€17,781 to -€31,498
- Tax, wage and social debts -€2,159
down €2,159 (-28.5%), from €7,564 to €5,405
of which Remuneration and social security: -€2,549
- Staff costs -€14,577
down €14,577 (-51.4%), from €28,378 to €13,801
- Gross operating margin -€11,912
down €11,912 (-50.4%), from €23,620 to €11,708
- Financial charges -€1,057
down €1,057 (-28.9%), from €3,660 to €2,603
- Other operating charges +€530
up €530 (+196%), from €270 to €800
- Depreciation +€427
up €427 (+5.7%), from €7,452 to €7,879
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 | €58,536 | €40,880 | -€17,656 | -30.2% |
| Fixed assets | 21/28 | €33,360 | €22,996 | -€10,364 | -31.1% |
| Tangible fixed assets | 22/27 | €25,791 | €22,927 | -€2,864 | -11.1% |
| Plant, machinery and equipment | 23 | €4,163 | €6,607 | +€2,444 | +58.7% |
| Furniture and vehicles | 24 | €1,380 | €812 | -€568 | -41.2% |
| Other tangible fixed assets | 26 | €20,248 | €15,508 | -€4,740 | -23.4% |
| Financial fixed assets | 28 | €7,569 | €69 | -€7,500 | -99.1% |
| Current assets | 29/58 | €25,176 | €17,884 | -€7,292 | -29.0% |
| Stocks and contracts in progress | 3 | €6,001 | €3,001 | -€3,000 | -50.0% |
| Stocks | 30/36 | €6,001 | €3,001 | -€3,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €2,544 | €284 | -€2,260 | -88.8% |
| Trade receivables | 40 | €2,544 | €284 | -€2,260 | -88.8% |
| Cash at bank and in hand | 54/58 | €16,631 | €14,599 | -€2,032 | -12.2% |
| Total equity and liabilities | 10/49 | €58,536 | €40,880 | -€17,656 | -30.2% |
| Equity | 10/15 | €2,219 | -€11,498 | -€13,717 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,781 | -€31,498 | -€13,717 | -77.1% |
| Amounts payable | 17/49 | €56,317 | €52,378 | -€3,939 | -7.0% |
| Amounts payable within one year | 42/48 | €56,317 | €52,378 | -€3,939 | -7.0% |
| Trade debts | 44 | €22,554 | €6,507 | -€16,047 | -71.1% |
| Suppliers | 440/4 | €22,554 | €6,507 | -€16,047 | -71.1% |
| Taxes, remuneration and social security | 45 | €7,564 | €5,405 | -€2,159 | -28.5% |
| Taxes | 450/3 | €4,022 | €4,412 | +€390 | +9.7% |
| Remuneration and social security | 454/9 | €3,542 | €993 | -€2,549 | -72.0% |
| Other amounts payable | 47/48 | €26,199 | €40,466 | +€14,267 | +54.5% |
| Remuneration, social security and pensions | 62 | €28,378 | €13,801 | -€14,577 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,452 | €7,879 | +€427 | +5.7% |
| Other operating charges | 640/8 | €270 | €800 | +€530 | +196% |
| Gross operating margin | 9900 | €23,620 | €11,708 | -€11,912 | -50.4% |
| Operating profit (loss) | 9901 | -€12,480 | -€10,772 | +€1,708 | +13.7% |
| Financial charges | 65/66B | €3,660 | €2,603 | -€1,057 | -28.9% |
| Recurring financial charges | 65 | €3,660 | €2,603 | -€1,057 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,140 | -€13,375 | +€2,765 | +17.1% |
| Income taxes | 67/77 | - | €342 | +€342 | |
| Profit (loss) for the period | 9904 | -€16,140 | -€13,717 | +€2,423 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,140 | -€13,717 | +€2,423 | +15.0% |
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 30 October 2026 via checked.be.