DR JU PAYE MG: what changed
Two fiscal 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.
DR JU PAYE MG
Largest movements
- Cash +€38,320
up €38,320 (+31.0%), from €123,424 to €161,744
mainly Net result for the year (+€42,851) and Other debts (+€10,242)
- Reserves +€40,000
up €40,000 (+57.1%), from €70,000 to €110,000
- Tax, wage and social debts -€14,131
down €14,131 (-44.7%), from €31,620 to €17,489
- Other debts +€10,242
up €10,242 (+126.1%), from €8,124 to €18,366
- Profit (loss) carried forward +€2,851
up €2,851 (+29.0%), from €9,817 to €12,668
- Gross operating margin -€52,386
down €52,386 (-46.7%), from €112,273 to €59,887
- Taxes -€14,367
down €14,367 (-46.0%), from €31,230 to €16,863
- Depreciation -€1,425
no longer reported in 2025 (was €1,425)
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 | €123,619 | €162,523 | +€38,904 | +31.5% |
| Current assets | 29/58 | €123,619 | €162,523 | +€38,904 | +31.5% |
| Cash at bank and in hand | 54/58 | €123,424 | €161,744 | +€38,320 | +31.0% |
| Deferred charges and accrued income | 490/1 | €195 | €779 | +€584 | +299.5% |
| Total equity and liabilities | 10/49 | €123,619 | €162,523 | +€38,904 | +31.5% |
| Equity | 10/15 | €83,817 | €126,668 | +€42,851 | +51.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €110,000 | +€40,000 | +57.1% |
| Distributable reserves | 133 | €70,000 | €110,000 | +€40,000 | +57.1% |
| Profit (loss) carried forward | 14 | €9,817 | €12,668 | +€2,851 | +29.0% |
| Amounts payable | 17/49 | €39,802 | €35,855 | -€3,947 | -9.9% |
| Amounts payable within one year | 42/48 | €39,802 | €35,855 | -€3,947 | -9.9% |
| Trade debts | 44 | €58 | - | -€58 | |
| Suppliers | 440/4 | €58 | - | -€58 | |
| Taxes, remuneration and social security | 45 | €31,620 | €17,489 | -€14,131 | -44.7% |
| Taxes | 450/3 | €31,620 | €17,489 | -€14,131 | -44.7% |
| Other amounts payable | 47/48 | €8,124 | €18,366 | +€10,242 | +126.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,425 | - | -€1,425 | |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €112,273 | €59,887 | -€52,386 | -46.7% |
| Operating profit (loss) | 9901 | €110,848 | €59,821 | -€51,027 | -46.0% |
| Financial income | 75/76B | €221 | €43 | -€178 | -80.5% |
| Recurring financial income | 75 | €221 | €43 | -€178 | -80.5% |
| Financial charges | 65/66B | €22 | €150 | +€128 | +581.8% |
| Recurring financial charges | 65 | €22 | €150 | +€128 | +581.8% |
| Profit (loss) for the period before taxes | 9903 | €111,047 | €59,714 | -€51,333 | -46.2% |
| Income taxes | 67/77 | €31,230 | €16,863 | -€14,367 | -46.0% |
| Profit (loss) for the period | 9904 | €79,817 | €42,851 | -€36,966 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,817 | €42,851 | -€36,966 | -46.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.