JUWELEN HAESEVOETS: 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.
JUWELEN HAESEVOETS
Largest movements
- Receivables within one year +€220,926
up €220,926 (+30.5%), from €723,176 to €944,101
of which Other amounts receivable: +€370,989
- Stocks and contracts -€93,295
down €93,295 (-4.4%), from €2.1m to €2.0m
- Tangible fixed assets -€80,723
down €80,723 (-12.2%), from €660,627 to €579,905
of which Land and buildings: -€40,675
- Trade debts +€153,342
up €153,342 (+72.1%), from €212,785 to €366,127
- Reserves +€114,392
up €114,392 (+7.5%), from €1.5m to €1.6m
of which Distributable reserves: +€114,392
- Current portion of long-term debt -€111,479
down €111,479 (-56.0%), from €199,110 to €87,631
- Debts after one year -€87,631
down €87,631 (-27.9%), from €314,572 to €226,941
- Advances received -€51,320
down €51,320 (-95.1%), from €53,970 to €2,650
- Gross operating margin -€55,061
down €55,061 (-12.0%), from €459,522 to €404,461
- Financial charges +€32,435
up €32,435 (+44.2%), from €73,310 to €105,745
- Staff costs +€13,881
up €13,881 (+16.6%), from €83,578 to €97,458
- Write-downs +€6,304
up €6,304, from -€6,304 to €0
- Other operating charges -€5,001
down €5,001 (-38.3%), from €13,041 to €8,040
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.
Derived cash bridge
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 | €3,694,645 | €3,731,947 | +€37,302 | +1.0% |
| Fixed assets | 21/28 | €660,627 | €579,905 | -€80,723 | -12.2% |
| Tangible fixed assets | 22/27 | €660,627 | €579,905 | -€80,723 | -12.2% |
| Land and buildings | 22 | €487,415 | €446,739 | -€40,675 | -8.3% |
| Plant, machinery and equipment | 23 | €155,096 | €117,213 | -€37,882 | -24.4% |
| Furniture and vehicles | 24 | €18,117 | €15,952 | -€2,165 | -11.9% |
| Current assets | 29/58 | €3,034,017 | €3,152,042 | +€118,025 | +3.9% |
| Stocks and contracts in progress | 3 | €2,099,230 | €2,005,935 | -€93,295 | -4.4% |
| Stocks | 30/36 | €2,099,230 | €2,005,935 | -€93,295 | -4.4% |
| Amounts receivable within one year | 40/41 | €723,176 | €944,101 | +€220,926 | +30.5% |
| Trade receivables | 40 | €180,496 | €30,432 | -€150,063 | -83.1% |
| Other amounts receivable | 41 | €542,680 | €913,669 | +€370,989 | +68.4% |
| Current investments | 50/53 | €1,120 | €2,120 | +€1,000 | +89.3% |
| Cash at bank and in hand | 54/58 | €195,970 | €186,045 | -€9,925 | -5.1% |
| Deferred charges and accrued income | 490/1 | €14,521 | €13,840 | -€681 | -4.7% |
| Total equity and liabilities | 10/49 | €3,694,645 | €3,731,947 | +€37,302 | +1.0% |
| Equity | 10/15 | €1,543,250 | €1,657,642 | +€114,392 | +7.4% |
| Contributions | 10/11 | €19,875 | €19,875 | = | 0.0% |
| Reserves | 13 | €1,523,375 | €1,637,767 | +€114,392 | +7.5% |
| Tax-exempt reserves | 132 | €132 | €132 | = | 0.0% |
| Distributable reserves | 133 | €1,523,243 | €1,637,635 | +€114,392 | +7.5% |
| Amounts payable | 17/49 | €2,151,395 | €2,074,305 | -€77,090 | -3.6% |
| Amounts payable after more than one year | 17 | €314,572 | €226,941 | -€87,631 | -27.9% |
| Financial debts | 170/4 | €314,572 | €226,941 | -€87,631 | -27.9% |
| Amounts payable within one year | 42/48 | €1,773,110 | €1,750,455 | -€22,655 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €199,110 | €87,631 | -€111,479 | -56.0% |
| Trade debts | 44 | €212,785 | €366,127 | +€153,342 | +72.1% |
| Suppliers | 440/4 | €212,785 | €366,127 | +€153,342 | +72.1% |
| Advances received on contracts in progress | 46 | €53,970 | €2,650 | -€51,320 | -95.1% |
| Taxes, remuneration and social security | 45 | €106,608 | €77,563 | -€29,046 | -27.2% |
| Taxes | 450/3 | €92,314 | €60,434 | -€31,879 | -34.5% |
| Remuneration and social security | 454/9 | €14,295 | €17,129 | +€2,834 | +19.8% |
| Other amounts payable | 47/48 | €1,200,636 | €1,216,485 | +€15,849 | +1.3% |
| Accrued charges and deferred income | 492/3 | €63,713 | €96,909 | +€33,196 | +52.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €83,578 | €97,458 | +€13,881 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,545 | €91,633 | -€913 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,304 | €0 | +€6,304 | |
| Other operating charges | 640/8 | €13,041 | €8,040 | -€5,001 | -38.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €459,522 | €404,461 | -€55,061 | -12.0% |
| Operating profit (loss) | 9901 | €276,661 | €207,329 | -€69,332 | -25.1% |
| Financial income | 75/76B | €35,017 | €32,715 | -€2,303 | -6.6% |
| Recurring financial income | 75 | €35,017 | €32,715 | -€2,303 | -6.6% |
| Financial charges | 65/66B | €73,310 | €105,745 | +€32,435 | +44.2% |
| Recurring financial charges | 65 | €73,310 | €105,745 | +€32,435 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €238,368 | €134,299 | -€104,070 | -43.7% |
| Income taxes | 67/77 | €22,258 | €19,907 | -€2,351 | -10.6% |
| Profit (loss) for the period | 9904 | €216,110 | €114,392 | -€101,718 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €216,110 | €114,392 | -€101,718 | -47.1% |
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 28 October 2026 via checked.be.