Le Josaphat: 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.
Le Josaphat
Largest movements
- Tangible fixed assets +€145,408
up €145,408 (+70.8%), from €205,482 to €350,889
of which Other tangible fixed assets: +€166,382
- Receivables within one year -€29,967
down €29,967 (-29.1%), from €103,078 to €73,111
of which Trade receivables: -€23,078
- Profit (loss) carried forward +€84,648
up €84,648 (+6.5%), from €1.3m to €1.4m
- Gross operating margin -€85,896
down €85,896 (-15.0%), from €573,777 to €487,882
- Taxes -€31,727
down €31,727 (-35.8%), from €88,617 to €56,890
- Depreciation +€13,055
up €13,055 (+52.1%), from €25,035 to €38,090
- Staff costs -€10,506
down €10,506 (-3.7%), from €284,976 to €274,470
- Financial charges -€6,755
down €6,755 (-47.2%), from €14,321 to €7,566
of which Financial charges: -€6,692
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 | €1,863,436 | €1,957,622 | +€94,186 | +5.1% |
| Fixed assets | 21/28 | €216,907 | €356,653 | +€139,746 | +64.4% |
| Tangible fixed assets | 22/27 | €205,482 | €350,889 | +€145,408 | +70.8% |
| Land and buildings | 22 | €142,822 | €137,038 | -€5,784 | -4.0% |
| Plant, machinery and equipment | 23 | €1,087 | - | -€1,087 | |
| Furniture and vehicles | 24 | €29,631 | €15,528 | -€14,103 | -47.6% |
| Other tangible fixed assets | 26 | €31,942 | €198,324 | +€166,382 | +520.9% |
| Financial fixed assets | 28 | €11,426 | €5,763 | -€5,662 | -49.6% |
| Current assets | 29/58 | €1,646,529 | €1,600,970 | -€45,560 | -2.8% |
| Stocks and contracts in progress | 3 | €26,756 | €30,178 | +€3,422 | +12.8% |
| Stocks | 30/36 | €26,756 | €30,178 | +€3,422 | +12.8% |
| Amounts receivable within one year | 40/41 | €103,078 | €73,111 | -€29,967 | -29.1% |
| Trade receivables | 40 | €23,078 | - | -€23,078 | |
| Other amounts receivable | 41 | €80,000 | €73,111 | -€6,890 | -8.6% |
| Cash at bank and in hand | 54/58 | €1,511,912 | €1,497,681 | -€14,231 | -0.9% |
| Deferred charges and accrued income | 490/1 | €4,783 | - | -€4,783 | |
| Total equity and liabilities | 10/49 | €1,863,436 | €1,957,622 | +€94,186 | +5.1% |
| Equity | 10/15 | €1,633,894 | €1,718,542 | +€84,648 | +5.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €312,833 | €312,833 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,037 | €12,037 | = | 0.0% |
| Distributable reserves | 133 | €298,937 | €298,937 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,302,468 | €1,387,116 | +€84,648 | +6.5% |
| Amounts payable | 17/49 | €229,543 | €239,080 | +€9,538 | +4.2% |
| Amounts payable within one year | 42/48 | €229,543 | €239,080 | +€9,538 | +4.2% |
| Financial debts | 43 | €6,421 | €6,421 | = | 0.0% |
| Credit institutions | 430/8 | €6,421 | €6,421 | = | 0.0% |
| Trade debts | 44 | €147,930 | €166,514 | +€18,584 | +12.6% |
| Suppliers | 440/4 | €147,930 | €166,514 | +€18,584 | +12.6% |
| Taxes, remuneration and social security | 45 | €66,942 | €54,896 | -€12,046 | -18.0% |
| Taxes | 450/3 | €21,676 | €3,986 | -€17,690 | -81.6% |
| Remuneration and social security | 454/9 | €45,266 | €50,910 | +€5,644 | +12.5% |
| Other amounts payable | 47/48 | €8,250 | €11,250 | +€3,000 | +36.4% |
| Remuneration, social security and pensions | 62 | €284,976 | €274,470 | -€10,506 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,035 | €38,090 | +€13,055 | +52.1% |
| Other operating charges | 640/8 | €25,888 | €26,474 | +€586 | +2.3% |
| Gross operating margin | 9900 | €573,777 | €487,882 | -€85,896 | -15.0% |
| Operating profit (loss) | 9901 | €237,878 | €148,847 | -€89,031 | -37.4% |
| Financial income | 75/76B | €762 | €256 | -€506 | -66.4% |
| Recurring financial income | 75 | €762 | €256 | -€506 | -66.4% |
| Financial charges | 65/66B | €14,321 | €7,566 | -€6,755 | -47.2% |
| Recurring financial charges | 65 | €14,258 | €7,566 | -€6,692 | -46.9% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €224,319 | €141,538 | -€82,781 | -36.9% |
| Income taxes | 67/77 | €88,617 | €56,890 | -€31,727 | -35.8% |
| Profit (loss) for the period | 9904 | €135,702 | €84,648 | -€51,054 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €135,702 | €84,648 | -€51,054 | -37.6% |
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 10 October 2026 via checked.be.