Vos Joris: 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.
Vos Joris
Largest movements
- Tangible fixed assets +€410,737
up €410,737 (+1,658%), from €24,774 to €435,511
of which Land and buildings: +€423,621
- Cash -€225,598
down €225,598 (-74.0%), from €305,018 to €79,420
mainly Investment in fixed assets (net) (-€473,782) and Contributions, distributions and other (-€58,368)
- Current investments -€8,400
no longer reported in 2025 (was €8,400)
- Receivables within one year +€6,354
new in 2025: €6,354
- Debts after one year +€199,892
new in 2025: €199,892
- Reserves -€18,010
down €18,010 (-4.7%), from €386,446 to €368,436
- Depreciation +€50,162
up €50,162 (+389%), from €12,884 to €63,045
- Taxes -€16,151
down €16,151 (-53.6%), from €30,150 to €13,999
- Gross operating margin +€9,085
up €9,085 (+7.9%), from €114,621 to €123,706
- Financial income -€5,075
down €5,075 (-65.3%), from €7,767 to €2,692
- Financial charges +€4,536
up €4,536 (+1,366%), from €332 to €4,869
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.
Derived cash bridge
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 | €406,304 | €588,907 | +€182,604 | +44.9% |
| Fixed assets | 21/28 | €91,314 | €502,051 | +€410,737 | +450% |
| Tangible fixed assets | 22/27 | €24,774 | €435,511 | +€410,737 | +1,658% |
| Land and buildings | 22 | - | €423,621 | +€423,621 | |
| Plant, machinery and equipment | 23 | €648 | €352 | -€296 | -45.7% |
| Furniture and vehicles | 24 | €24,125 | €11,538 | -€12,587 | -52.2% |
| Financial fixed assets | 28 | €66,540 | €66,540 | = | 0.0% |
| Current assets | 29/58 | €314,990 | €86,857 | -€228,133 | -72.4% |
| Amounts receivable within one year | 40/41 | - | €6,354 | +€6,354 | |
| Other amounts receivable | 41 | - | €6,354 | +€6,354 | |
| Current investments | 50/53 | €8,400 | - | -€8,400 | |
| Cash at bank and in hand | 54/58 | €305,018 | €79,420 | -€225,598 | -74.0% |
| Deferred charges and accrued income | 490/1 | €1,572 | €1,082 | -€490 | -31.1% |
| Total equity and liabilities | 10/49 | €406,304 | €588,907 | +€182,604 | +44.9% |
| Equity | 10/15 | €386,446 | €368,436 | -€18,010 | -4.7% |
| Reserves | 13 | €386,446 | €368,436 | -€18,010 | -4.7% |
| Distributable reserves | 133 | €386,446 | €368,436 | -€18,010 | -4.7% |
| Amounts payable | 17/49 | €19,858 | €220,472 | +€200,614 | +1,010% |
| Amounts payable after more than one year | 17 | - | €199,892 | +€199,892 | |
| Financial debts | 170/4 | - | €199,892 | +€199,892 | |
| Amounts payable within one year | 42/48 | €19,325 | €16,297 | -€3,028 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €12,539 | €12,174 | -€364 | -2.9% |
| Trade debts | 44 | €1,266 | €1,422 | +€157 | +12.4% |
| Suppliers | 440/4 | €1,266 | €1,422 | +€157 | +12.4% |
| Taxes, remuneration and social security | 45 | €3,520 | €2,700 | -€820 | -23.3% |
| Taxes | 450/3 | €3,520 | €2,700 | -€820 | -23.3% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €533 | €4,283 | +€3,750 | +703% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,884 | €63,045 | +€50,162 | +389% |
| Other operating charges | 640/8 | €920 | €4,128 | +€3,208 | +349% |
| Gross operating margin | 9900 | €114,621 | €123,706 | +€9,085 | +7.9% |
| Operating profit (loss) | 9901 | €100,818 | €56,533 | -€44,285 | -43.9% |
| Financial income | 75/76B | €7,767 | €2,692 | -€5,075 | -65.3% |
| Recurring financial income | 75 | €7,767 | €2,692 | -€5,075 | -65.3% |
| Financial charges | 65/66B | €332 | €4,869 | +€4,536 | +1,366% |
| Recurring financial charges | 65 | €332 | €4,869 | +€4,536 | +1,366% |
| Profit (loss) for the period before taxes | 9903 | €108,252 | €54,356 | -€53,896 | -49.8% |
| Income taxes | 67/77 | €30,150 | €13,999 | -€16,151 | -53.6% |
| Profit (loss) for the period | 9904 | €78,102 | €40,357 | -€37,745 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,102 | €40,357 | -€37,745 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.