DUJ@RDIN: 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.
DUJ@RDIN
Largest movements
- Receivables after one year +€51,224
up €51,224 (+67.2%), from €76,251 to €127,476
- Cash -€39,710
down €39,710 (-34.1%), from €116,582 to €76,872
mainly Contributions, distributions and other (-€245,550) and Receivables after one year (-€51,224)
- Receivables within one year +€28,605
up €28,605 (+46.3%), from €61,720 to €90,325
of which Other amounts receivable: +€20,823
- Current investments +€25,200
up €25,200 (+34.9%), from €72,200 to €97,400
- Other debts +€218,907
up €218,907 (+822%), from €26,643 to €245,550
- Reserves -€137,486
down €137,486 (-29.8%), from €460,915 to €323,429
of which Distributable reserves: -€137,486
- Debts after one year -€35,702
down €35,702 (-9.0%), from €398,720 to €363,018
- Tax, wage and social debts +€11,656
up €11,656 (+37.1%), from €31,399 to €43,054
- Gross operating margin +€29,653
up €29,653 (+16.4%), from €180,913 to €210,566
- Taxes +€6,778
up €6,778 (+17.5%), from €38,706 to €45,485
- Financial charges +€4,363
up €4,363 (+27.5%), from €15,846 to €20,209
- Depreciation -€2,548
down €2,548 (-7.6%), from €33,596 to €31,047
- Other operating charges +€2,499
up €2,499 (+42.9%), from €5,827 to €8,326
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 | €968,490 | €1,023,435 | +€54,945 | +5.7% |
| Fixed assets | 21/28 | €631,226 | €623,875 | -€7,351 | -1.2% |
| Tangible fixed assets | 22/27 | €631,226 | €623,875 | -€7,351 | -1.2% |
| Land and buildings | 22 | €589,756 | €574,665 | -€15,091 | -2.6% |
| Plant, machinery and equipment | 23 | €4,696 | €3,817 | -€879 | -18.7% |
| Furniture and vehicles | 24 | €19,888 | €22,783 | +€2,895 | +14.6% |
| Other tangible fixed assets | 26 | €16,885 | €22,609 | +€5,723 | +33.9% |
| Current assets | 29/58 | €337,264 | €399,561 | +€62,296 | +18.5% |
| Amounts receivable after more than one year | 29 | €76,251 | €127,476 | +€51,224 | +67.2% |
| Other amounts receivable | 291 | €76,251 | €127,476 | +€51,224 | +67.2% |
| Amounts receivable within one year | 40/41 | €61,720 | €90,325 | +€28,605 | +46.3% |
| Trade receivables | 40 | €61,720 | €69,502 | +€7,782 | +12.6% |
| Other amounts receivable | 41 | - | €20,823 | +€20,823 | |
| Current investments | 50/53 | €72,200 | €97,400 | +€25,200 | +34.9% |
| Cash at bank and in hand | 54/58 | €116,582 | €76,872 | -€39,710 | -34.1% |
| Deferred charges and accrued income | 490/1 | €10,512 | €7,488 | -€3,023 | -28.8% |
| Total equity and liabilities | 10/49 | €968,490 | €1,023,435 | +€54,945 | +5.7% |
| Equity | 10/15 | €467,115 | €329,629 | -€137,486 | -29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €460,915 | €323,429 | -€137,486 | -29.8% |
| Tax-exempt reserves | 132 | €16,137 | €16,137 | = | 0.0% |
| Distributable reserves | 133 | €444,779 | €307,293 | -€137,486 | -30.9% |
| Amounts payable | 17/49 | €501,375 | €693,806 | +€192,431 | +38.4% |
| Amounts payable after more than one year | 17 | €398,720 | €363,018 | -€35,702 | -9.0% |
| Financial debts | 170/4 | €398,720 | €363,018 | -€35,702 | -9.0% |
| Amounts payable within one year | 42/48 | €102,655 | €330,788 | +€228,133 | +222% |
| Current portion of amounts payable after more than one year | 42 | €34,859 | €35,702 | +€843 | +2.4% |
| Trade debts | 44 | €9,754 | €6,482 | -€3,273 | -33.6% |
| Suppliers | 440/4 | €9,754 | €6,482 | -€3,273 | -33.6% |
| Taxes, remuneration and social security | 45 | €31,399 | €43,054 | +€11,656 | +37.1% |
| Taxes | 450/3 | €31,399 | €43,054 | +€11,656 | +37.1% |
| Other amounts payable | 47/48 | €26,643 | €245,550 | +€218,907 | +822% |
| Non-recurring operating income | 76A | - | €6,307 | +€6,307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,596 | €31,047 | -€2,548 | -7.6% |
| Other operating charges | 640/8 | €5,827 | €8,326 | +€2,499 | +42.9% |
| Gross operating margin | 9900 | €180,913 | €210,566 | +€29,653 | +16.4% |
| Operating profit (loss) | 9901 | €141,490 | €171,192 | +€29,703 | +21.0% |
| Financial income | 75/76B | €1,728 | €2,565 | +€837 | +48.4% |
| Recurring financial income | 75 | €1,728 | €2,565 | +€837 | +48.4% |
| Financial charges | 65/66B | €15,846 | €20,209 | +€4,363 | +27.5% |
| Recurring financial charges | 65 | €15,846 | €20,209 | +€4,363 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €127,372 | €153,548 | +€26,176 | +20.6% |
| Income taxes | 67/77 | €38,706 | €45,485 | +€6,778 | +17.5% |
| Profit (loss) for the period | 9904 | €88,666 | €108,064 | +€19,398 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,666 | €108,064 | +€19,398 | +21.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.