FI - JU: 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.
FI - JU
Largest movements
- Tangible fixed assets -€14,187
down €14,187 (-6.6%), from €215,157 to €200,971
of which Furniture and vehicles: -€9,503
- Receivables within one year +€8,144
up €8,144 (+13.3%), from €61,001 to €69,144
of which Other amounts receivable: +€8,144
- Cash -€3,322
down €3,322 (-47.3%), from €7,025 to €3,702
mainly Debts after one year (-€24,076) and Receivables within one year (-€8,144)
- Debts after one year -€24,076
down €24,076 (-16.8%), from €143,423 to €119,348
- Reserves +€17,821
up €17,821 (+19.8%), from €90,194 to €108,015
- Tax, wage and social debts -€4,598
down €4,598 (-57.1%), from €8,052 to €3,455
of which Remuneration and social security: -€4,606
- Profit (loss) carried forward +€4,218
no longer reported in 2025 (was -€4,218)
- Staff costs -€30,278
down €30,278 (-81.4%), from €37,205 to €6,927
- Taxes +€7,420
up €7,420 (+5,861%), from €127 to €7,546
- Gross operating margin +€2,507
up €2,507 (+4.6%), from €54,132 to €56,639
- Financial charges -€1,033
down €1,033 (-19.1%), from €5,398 to €4,365
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 | €283,208 | €273,827 | -€9,380 | -3.3% |
| Fixed assets | 21/28 | €215,157 | €200,971 | -€14,187 | -6.6% |
| Tangible fixed assets | 22/27 | €215,157 | €200,971 | -€14,187 | -6.6% |
| Land and buildings | 22 | €175,364 | €171,091 | -€4,273 | -2.4% |
| Plant, machinery and equipment | 23 | €1,678 | €1,267 | -€411 | -24.5% |
| Furniture and vehicles | 24 | €38,116 | €28,613 | -€9,503 | -24.9% |
| Current assets | 29/58 | €68,050 | €72,857 | +€4,806 | +7.1% |
| Amounts receivable within one year | 40/41 | €61,001 | €69,144 | +€8,144 | +13.3% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €51,001 | €59,144 | +€8,144 | +16.0% |
| Cash at bank and in hand | 54/58 | €7,025 | €3,702 | -€3,322 | -47.3% |
| Deferred charges and accrued income | 490/1 | €25 | €10 | -€15 | -60.0% |
| Total equity and liabilities | 10/49 | €283,208 | €273,827 | -€9,380 | -3.3% |
| Equity | 10/15 | €104,576 | €126,615 | +€22,039 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,194 | €108,015 | +€17,821 | +19.8% |
| Distributable reserves | 133 | €90,194 | €108,015 | +€17,821 | +19.8% |
| Profit (loss) carried forward | 14 | -€4,218 | - | +€4,218 | |
| Amounts payable | 17/49 | €178,631 | €147,212 | -€31,419 | -17.6% |
| Amounts payable after more than one year | 17 | €143,423 | €119,348 | -€24,076 | -16.8% |
| Financial debts | 170/4 | €143,423 | €119,348 | -€24,076 | -16.8% |
| Amounts payable within one year | 42/48 | €34,886 | €27,864 | -€7,021 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €23,403 | €24,076 | +€673 | +2.9% |
| Trade debts | 44 | €1,020 | €334 | -€686 | -67.2% |
| Suppliers | 440/4 | €1,020 | €334 | -€686 | -67.2% |
| Taxes, remuneration and social security | 45 | €8,052 | €3,455 | -€4,598 | -57.1% |
| Taxes | 450/3 | €2,255 | €2,264 | +€8 | +0.4% |
| Remuneration and social security | 454/9 | €5,797 | €1,191 | -€4,606 | -79.5% |
| Other amounts payable | 47/48 | €2,410 | - | -€2,410 | |
| Accrued charges and deferred income | 492/3 | €322 | - | -€322 | |
| Remuneration, social security and pensions | 62 | €37,205 | €6,927 | -€30,278 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,049 | €14,187 | +€138 | +1.0% |
| Other operating charges | 640/8 | €1,571 | €1,575 | +€5 | +0.3% |
| Gross operating margin | 9900 | €54,132 | €56,639 | +€2,507 | +4.6% |
| Operating profit (loss) | 9901 | €1,307 | €33,950 | +€32,643 | +2,498% |
| Financial charges | 65/66B | €5,398 | €4,365 | -€1,033 | -19.1% |
| Recurring financial charges | 65 | €5,398 | €4,365 | -€1,033 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,092 | €29,585 | +€33,676 | |
| Income taxes | 67/77 | €127 | €7,546 | +€7,420 | +5,861% |
| Profit (loss) for the period | 9904 | -€4,218 | €22,039 | +€26,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,218 | €22,039 | +€26,257 |
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 22 October 2026 via checked.be.