JOYLUTIONS: 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.
JOYLUTIONS
Largest movements
- Receivables within one year +€92,793
up €92,793 (+57.1%), from €162,458 to €255,251
of which Other amounts receivable: +€204,439
- Tangible fixed assets -€3,955
down €3,955 (-44.8%), from €8,830 to €4,875
- Profit (loss) carried forward +€113,452
up €113,452 (+119.6%), from €94,845 to €208,297
- Other debts -€31,926
down €31,926 (-98.5%), from €32,426 to €500
- Trade debts +€10,978
up €10,978 (+1756.5%), from €625 to €11,603
- Tax, wage and social debts -€3,200
down €3,200 (-10.3%), from €31,020 to €27,820
of which Remuneration and social security: -€3,200
- Gross operating margin -€85,089
down €85,089 (-57.5%), from €147,992 to €62,903
- Taxes -€27,820
down €27,820 (-100.0%), from €27,820 to €0
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,851 | €267,154 | +€89,303 | +50.2% |
| Fixed assets | 21/28 | €14,230 | €10,275 | -€3,955 | -27.8% |
| Tangible fixed assets | 22/27 | €8,830 | €4,875 | -€3,955 | -44.8% |
| Furniture and vehicles | 24 | €8,830 | €4,875 | -€3,955 | -44.8% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €163,622 | €256,879 | +€93,257 | +57.0% |
| Amounts receivable within one year | 40/41 | €162,458 | €255,251 | +€92,793 | +57.1% |
| Trade receivables | 40 | €161,344 | €49,698 | -€111,646 | -69.2% |
| Other amounts receivable | 41 | €1,114 | €205,553 | +€204,439 | +18351.8% |
| Cash at bank and in hand | 54/58 | €1,164 | €1,628 | +€464 | +39.8% |
| Total equity and liabilities | 10/49 | €177,851 | €267,154 | +€89,303 | +50.2% |
| Equity | 10/15 | €113,395 | €226,847 | +€113,452 | +100.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,845 | €208,297 | +€113,452 | +119.6% |
| Amounts payable | 17/49 | €64,456 | €40,307 | -€24,149 | -37.5% |
| Amounts payable within one year | 42/48 | €64,071 | €39,923 | -€24,148 | -37.7% |
| Trade debts | 44 | €625 | €11,603 | +€10,978 | +1756.5% |
| Suppliers | 440/4 | €625 | €11,603 | +€10,978 | +1756.5% |
| Taxes, remuneration and social security | 45 | €31,020 | €27,820 | -€3,200 | -10.3% |
| Taxes | 450/3 | €27,820 | €27,820 | -€0 | 0.0% |
| Remuneration and social security | 454/9 | €3,200 | - | -€3,200 | |
| Other amounts payable | 47/48 | €32,426 | €500 | -€31,926 | -98.5% |
| Accrued charges and deferred income | 492/3 | €384 | €384 | +€0 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,056 | €1,977 | +€921 | +87.2% |
| Other operating charges | 640/8 | €284 | €120 | -€164 | -57.7% |
| Gross operating margin | 9900 | €147,992 | €62,903 | -€85,089 | -57.5% |
| Operating profit (loss) | 9901 | €146,653 | €60,806 | -€85,847 | -58.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,908 | €2,376 | +€468 | +24.5% |
| Recurring financial charges | 65 | €1,908 | €2,376 | +€468 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €144,745 | €58,431 | -€86,314 | -59.6% |
| Income taxes | 67/77 | €27,820 | €0 | -€27,820 | -100.0% |
| Profit (loss) for the period | 9904 | €116,925 | €58,431 | -€58,494 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €116,925 | €58,431 | -€58,494 | -50.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.