JOY RIDES: 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 RIDES
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+1130.3%), from €95,889 to €1.2m
of which Land and buildings: +€760,820
- Cash +€302,202
up €302,202 (+235.4%), from €128,389 to €430,591
mainly Debts after one year (+€645,031) and Net result for the year (+€312,969)
- Debts after one year +€645,031
new in 2024: €645,031
- Reserves +€312,969
up €312,969 (+209.4%), from €149,483 to €462,452
- Tax, wage and social debts +€170,818
up €170,818 (+527.4%), from €32,391 to €203,209
of which Taxes: +€183,016
- Trade debts +€136,810
up €136,810 (+198.0%), from €69,095 to €205,905
- Other debts +€63,814
up €63,814 (+174.8%), from €36,505 to €100,319
- Gross operating margin +€416,942
up €416,942 (+314.2%), from €132,703 to €549,645
- Financial income +€160,853
up €160,853 (+804265.4%), from €20 to €160,873
of which Non-recurring financial income: +€160,873
- Taxes +€136,532
up €136,532 (+676.1%), from €20,193 to €156,725
- Other operating charges +€101,066
up €101,066 (+2264.5%), from €4,463 to €105,529
- Depreciation +€40,384
up €40,384 (+341.0%), from €11,842 to €52,226
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,474 | €1,679,571 | +€1.4m | +474.3% |
| Fixed assets | 21/28 | €95,989 | €1,179,852 | +€1.1m | +1129.2% |
| Tangible fixed assets | 22/27 | €95,889 | €1,179,752 | +€1.1m | +1130.3% |
| Land and buildings | 22 | - | €760,820 | +€760,820 | |
| Plant, machinery and equipment | 23 | €95,889 | €397,615 | +€301,726 | +314.7% |
| Furniture and vehicles | 24 | - | €21,317 | +€21,317 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €196,485 | €499,719 | +€303,234 | +154.3% |
| Stocks and contracts in progress | 3 | €9,852 | €15,642 | +€5,790 | +58.8% |
| Stocks | 30/36 | €9,852 | €15,642 | +€5,790 | +58.8% |
| Amounts receivable within one year | 40/41 | €58,244 | €53,486 | -€4,758 | -8.2% |
| Trade receivables | 40 | €16,908 | €53,486 | +€36,578 | +216.3% |
| Other amounts receivable | 41 | €41,336 | €0 | -€41,336 | -100.0% |
| Cash at bank and in hand | 54/58 | €128,389 | €430,591 | +€302,202 | +235.4% |
| Total equity and liabilities | 10/49 | €292,474 | €1,679,571 | +€1.4m | +474.3% |
| Equity | 10/15 | €154,483 | €467,452 | +€312,969 | +202.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €149,483 | €462,452 | +€312,969 | +209.4% |
| Distributable reserves | 133 | €149,483 | €462,452 | +€312,969 | +209.4% |
| Amounts payable | 17/49 | €137,991 | €1,212,118 | +€1.1m | +778.4% |
| Amounts payable after more than one year | 17 | - | €645,031 | +€645,031 | |
| Financial debts | 170/4 | - | €645,031 | +€645,031 | |
| Amounts payable within one year | 42/48 | €137,991 | €567,087 | +€429,096 | +311.0% |
| Current portion of amounts payable after more than one year | 42 | - | €57,655 | +€57,655 | |
| Trade debts | 44 | €69,095 | €205,905 | +€136,810 | +198.0% |
| Suppliers | 440/4 | €69,095 | €205,905 | +€136,810 | +198.0% |
| Taxes, remuneration and social security | 45 | €32,391 | €203,209 | +€170,818 | +527.4% |
| Taxes | 450/3 | €20,193 | €203,209 | +€183,016 | +906.3% |
| Remuneration and social security | 454/9 | €12,198 | €0 | -€12,198 | -100.0% |
| Other amounts payable | 47/48 | €36,505 | €100,319 | +€63,814 | +174.8% |
| Remuneration, social security and pensions | 62 | €54,642 | €66,506 | +€11,864 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,842 | €52,226 | +€40,384 | +341.0% |
| Other operating charges | 640/8 | €4,463 | €105,529 | +€101,066 | +2264.5% |
| Gross operating margin | 9900 | €132,703 | €549,645 | +€416,942 | +314.2% |
| Operating profit (loss) | 9901 | €61,756 | €325,384 | +€263,628 | +426.9% |
| Financial income | 75/76B | €20 | €160,873 | +€160,853 | +804265.4% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -98.3% |
| Non-recurring financial income | 76B | - | €160,873 | +€160,873 | |
| Financial charges | 65/66B | €27 | €16,564 | +€16,537 | +61246.5% |
| Recurring financial charges | 65 | €27 | €16,564 | +€16,537 | +61246.5% |
| Profit (loss) for the period before taxes | 9903 | €61,749 | €469,694 | +€407,945 | +660.7% |
| Income taxes | 67/77 | €20,193 | €156,725 | +€136,532 | +676.1% |
| Profit (loss) for the period | 9904 | €41,556 | €312,969 | +€271,413 | +653.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,556 | €312,969 | +€271,413 | +653.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.