JOYE BEHEER: what changed
Two fiscal 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.
JOYE BEHEER
Largest movements
- Receivables after one year -€40,000
no longer reported in 2025 (was €40,000)
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Tangible fixed assets -€23,418
down €23,418 (-6.9%), from €337,421 to €314,003
of which Land and buildings: -€15,132
- Cash +€18,546
up €18,546 (+75.3%), from €24,614 to €43,160
mainly Receivables after one year (+€40,000) and Current investments (+€30,000)
- Reserves -€73,929
down €73,929 (-31.1%), from €237,754 to €163,826
of which Distributable reserves: -€70,500
- Other debts +€7,559
up €7,559 (+8.4%), from €90,126 to €97,685
- Financial income -€630
down €630 (-34.2%), from €1,842 to €1,212
- Gross operating margin +€468
up €468 (+1.2%), from €37,973 to €38,441
- Other operating charges +€457
up €457 (+6.7%), from €6,833 to €7,290
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.
Cash bridge derived
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 | €435,041 | €364,151 | -€70,890 | -16.3% |
| Fixed assets | 21/28 | €337,421 | €314,003 | -€23,418 | -6.9% |
| Tangible fixed assets | 22/27 | €337,421 | €314,003 | -€23,418 | -6.9% |
| Land and buildings | 22 | €319,891 | €304,759 | -€15,132 | -4.7% |
| Plant, machinery and equipment | 23 | €1,353 | €676 | -€677 | -50.0% |
| Furniture and vehicles | 24 | €11,165 | €4,349 | -€6,816 | -61.0% |
| Other tangible fixed assets | 26 | €5,012 | €4,219 | -€793 | -15.8% |
| Current assets | 29/58 | €97,620 | €50,147 | -€47,473 | -48.6% |
| Amounts receivable after more than one year | 29 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | €40,000 | - | -€40,000 | |
| Amounts receivable within one year | 40/41 | €1,796 | €5,683 | +€3,887 | +216.5% |
| Trade receivables | 40 | €1,796 | €4,853 | +€3,057 | +170.3% |
| Other amounts receivable | 41 | - | €830 | +€830 | |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €24,614 | €43,160 | +€18,546 | +75.3% |
| Deferred charges and accrued income | 490/1 | €1,211 | €1,305 | +€95 | +7.8% |
| Total equity and liabilities | 10/49 | €435,041 | €364,151 | -€70,890 | -16.3% |
| Equity | 10/15 | €243,804 | €170,806 | -€72,998 | -29.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €237,754 | €163,826 | -€73,929 | -31.1% |
| Tax-exempt reserves | 132 | €62,254 | €58,826 | -€3,429 | -5.5% |
| Distributable reserves | 133 | €175,500 | €105,000 | -€70,500 | -40.2% |
| Profit (loss) carried forward | 14 | -€13,950 | -€13,020 | +€931 | +6.7% |
| Provisions and deferred taxes | 16 | €92,785 | €91,315 | -€1,469 | -1.6% |
| Provisions for liabilities and charges | 160/5 | €75,000 | €75,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €75,000 | €75,000 | = | 0.0% |
| Deferred taxes | 168 | €17,785 | €16,315 | -€1,469 | -8.3% |
| Amounts payable | 17/49 | €98,452 | €102,030 | +€3,577 | +3.6% |
| Amounts payable within one year | 42/48 | €95,627 | €99,072 | +€3,445 | +3.6% |
| Trade debts | 44 | €741 | €677 | -€64 | -8.6% |
| Suppliers | 440/4 | €741 | €677 | -€64 | -8.6% |
| Taxes, remuneration and social security | 45 | €4,760 | €710 | -€4,050 | -85.1% |
| Taxes | 450/3 | €4,760 | €710 | -€4,050 | -85.1% |
| Other amounts payable | 47/48 | €90,126 | €97,685 | +€7,559 | +8.4% |
| Accrued charges and deferred income | 492/3 | €2,825 | €2,958 | +€133 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,248 | €23,418 | +€170 | +0.7% |
| Other operating charges | 640/8 | €6,833 | €7,290 | +€457 | +6.7% |
| Gross operating margin | 9900 | €37,973 | €38,441 | +€468 | +1.2% |
| Operating profit (loss) | 9901 | €7,892 | €7,734 | -€158 | -2.0% |
| Financial income | 75/76B | €1,842 | €1,212 | -€630 | -34.2% |
| Recurring financial income | 75 | €1,842 | €1,212 | -€630 | -34.2% |
| Financial charges | 65/66B | €99 | €104 | +€5 | +4.5% |
| Recurring financial charges | 65 | €99 | €104 | +€5 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €9,635 | €8,842 | -€793 | -8.2% |
| Transfer from deferred taxes | 780 | €1,469 | €1,469 | = | 0.0% |
| Income taxes | 67/77 | €4,971 | €5,310 | +€338 | +6.8% |
| Profit (loss) for the period | 9904 | €6,133 | €5,002 | -€1,131 | -18.4% |
| Transfer from tax-exempt reserves | 789 | €3,429 | €3,429 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,562 | €8,431 | -€1,131 | -11.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.