D-JUST: 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.
D-JUST
Largest movements
- Intangible fixed assets -€12,143
down €12,143 (-22.9%), from €53,096 to €40,953
- Cash +€7,967
up €7,967 (+73.2%), from €10,890 to €18,856
mainly Net result for the year (+€17,345) and Depreciation (+€13,044)
- Deferred charges and accrued income +€6,500
new in 2025: €6,500
- Receivables within one year +€3,278
up €3,278 (+31.1%), from €10,555 to €13,833
of which Trade receivables: +€4,286
- Tangible fixed assets -€901
down €901 (-58.5%), from €1,540 to €639
- Profit (loss) carried forward +€17,345
up €17,345 (+98.1%), from €17,675 to €35,021
- Debts after one year -€13,322
down €13,322 (-66.4%), from €20,067 to €6,744
- Trade debts +€4,822
up €4,822 (+276.6%), from €1,743 to €6,566
- Other debts -€4,143
down €4,143 (-33.0%), from €12,568 to €8,425
- Gross operating margin +€10,418
up €10,418 (+41.1%), from €25,361 to €35,778
- Taxes +€1,995
up €1,995 (+78.2%), from €2,553 to €4,549
- Financial charges -€1,155
down €1,155 (-63.9%), from €1,808 to €652
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 | €76,080 | €80,781 | +€4,701 | +6.2% |
| Fixed assets | 21/28 | €54,636 | €41,592 | -€13,044 | -23.9% |
| Intangible fixed assets | 21 | €53,096 | €40,953 | -€12,143 | -22.9% |
| Tangible fixed assets | 22/27 | €1,540 | €639 | -€901 | -58.5% |
| Furniture and vehicles | 24 | €1,540 | €639 | -€901 | -58.5% |
| Current assets | 29/58 | €21,444 | €39,189 | +€17,745 | +82.7% |
| Amounts receivable within one year | 40/41 | €10,555 | €13,833 | +€3,278 | +31.1% |
| Trade receivables | 40 | €9,095 | €13,381 | +€4,286 | +47.1% |
| Other amounts receivable | 41 | €1,460 | €451 | -€1,008 | -69.1% |
| Cash at bank and in hand | 54/58 | €10,890 | €18,856 | +€7,967 | +73.2% |
| Deferred charges and accrued income | 490/1 | - | €6,500 | +€6,500 | |
| Total equity and liabilities | 10/49 | €76,080 | €80,781 | +€4,701 | +6.2% |
| Equity | 10/15 | €20,675 | €38,021 | +€17,345 | +83.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,675 | €35,021 | +€17,345 | +98.1% |
| Amounts payable | 17/49 | €55,405 | €42,760 | -€12,645 | -22.8% |
| Amounts payable after more than one year | 17 | €20,067 | €6,744 | -€13,322 | -66.4% |
| Financial debts | 170/4 | €20,067 | €6,744 | -€13,322 | -66.4% |
| Amounts payable within one year | 42/48 | €33,431 | €34,109 | +€678 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €13,104 | €13,322 | +€218 | +1.7% |
| Trade debts | 44 | €1,743 | €6,566 | +€4,822 | +276.6% |
| Suppliers | 440/4 | €1,743 | €6,566 | +€4,822 | +276.6% |
| Taxes, remuneration and social security | 45 | €6,015 | €5,795 | -€220 | -3.6% |
| Taxes | 450/3 | €3,755 | €3,521 | -€234 | -6.2% |
| Remuneration and social security | 454/9 | €2,260 | €2,275 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €12,568 | €8,425 | -€4,143 | -33.0% |
| Accrued charges and deferred income | 492/3 | €1,907 | €1,907 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,992 | €13,044 | +€51 | +0.4% |
| Other operating charges | 640/8 | €520 | €188 | -€332 | -63.8% |
| Gross operating margin | 9900 | €25,361 | €35,778 | +€10,418 | +41.1% |
| Operating profit (loss) | 9901 | €11,848 | €22,546 | +€10,698 | +90.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,808 | €652 | -€1,155 | -63.9% |
| Recurring financial charges | 65 | €1,808 | €652 | -€1,155 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €10,044 | €21,894 | +€11,850 | +118.0% |
| Income taxes | 67/77 | €2,553 | €4,549 | +€1,995 | +78.2% |
| Profit (loss) for the period | 9904 | €7,491 | €17,345 | +€9,854 | +131.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,491 | €17,345 | +€9,854 | +131.5% |
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 11 October 2026 via checked.be.