Immo JUBA: 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.
Immo JUBA
Largest movements
- Tangible fixed assets -€15,850
down €15,850 (-3.8%), from €414,088 to €398,238
- Cash -€15,726
down €15,726 (-23.6%), from €66,623 to €50,897
mainly Debts after one year (-€83,215) and Investment in fixed assets (net) (-€29,721)
- Debts after one year -€83,215
down €83,215 (-35.4%), from €235,291 to €152,076
- Profit (loss) carried forward +€51,816
up €51,816, from -€45,746 to €6,070
- Gross operating margin -€167,360
down €167,360 (-56.7%), from €295,131 to €127,771
- Depreciation -€14,539
down €14,539 (-24.2%), from €60,110 to €45,571
- Financial charges -€4,524
down €4,524 (-26.8%), from €16,851 to €12,327
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 | €1,297,744 | €1,262,445 | -€35,299 | -2.7% |
| Fixed assets | 21/28 | €1,184,088 | €1,168,238 | -€15,850 | -1.3% |
| Tangible fixed assets | 22/27 | €414,088 | €398,238 | -€15,850 | -3.8% |
| Land and buildings | 22 | €414,088 | €398,238 | -€15,850 | -3.8% |
| Financial fixed assets | 28 | €770,000 | €770,000 | = | 0.0% |
| Current assets | 29/58 | €113,656 | €94,207 | -€19,449 | -17.1% |
| Amounts receivable within one year | 40/41 | €26,659 | €24,857 | -€1,802 | -6.8% |
| Trade receivables | 40 | €26,659 | €24,857 | -€1,802 | -6.8% |
| Cash at bank and in hand | 54/58 | €66,623 | €50,897 | -€15,726 | -23.6% |
| Deferred charges and accrued income | 490/1 | €20,373 | €18,453 | -€1,920 | -9.4% |
| Total equity and liabilities | 10/49 | €1,297,744 | €1,262,445 | -€35,299 | -2.7% |
| Equity | 10/15 | €863,856 | €915,672 | +€51,816 | +6.0% |
| Contributions | 10/11 | €722,875 | €722,875 | = | 0.0% |
| Capital | 10 | €722,875 | €722,875 | = | 0.0% |
| Issued capital | 100 | €722,875 | €722,875 | = | 0.0% |
| Reserves | 13 | €186,727 | €186,727 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72,288 | €72,288 | = | 0.0% |
| Legal reserve | 130 | €72,288 | €72,288 | = | 0.0% |
| Tax-exempt reserves | 132 | €114,439 | €114,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,746 | €6,070 | +€51,816 | |
| Provisions and deferred taxes | 16 | €38,146 | €38,146 | = | 0.0% |
| Deferred taxes | 168 | €38,146 | €38,146 | = | 0.0% |
| Amounts payable | 17/49 | €395,741 | €308,626 | -€87,115 | -22.0% |
| Amounts payable after more than one year | 17 | €235,291 | €152,076 | -€83,215 | -35.4% |
| Financial debts | 170/4 | €235,291 | €152,076 | -€83,215 | -35.4% |
| Amounts payable within one year | 42/48 | €149,889 | €146,248 | -€3,641 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €95,804 | €83,213 | -€12,591 | -13.1% |
| Trade debts | 44 | €2,313 | €2,435 | +€122 | +5.3% |
| Suppliers | 440/4 | €2,313 | €2,435 | +€122 | +5.3% |
| Other amounts payable | 47/48 | €51,772 | €60,600 | +€8,828 | +17.1% |
| Accrued charges and deferred income | 492/3 | €10,562 | €10,303 | -€259 | -2.5% |
| Non-recurring operating income | 76A | €152,586 | - | -€152,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,110 | €45,571 | -€14,539 | -24.2% |
| Other operating charges | 640/8 | €18,802 | €18,052 | -€750 | -4.0% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €295,131 | €127,771 | -€167,360 | -56.7% |
| Operating profit (loss) | 9901 | €216,220 | €64,142 | -€152,077 | -70.3% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €16,851 | €12,327 | -€4,524 | -26.8% |
| Recurring financial charges | 65 | €16,851 | €12,327 | -€4,524 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €199,374 | €51,816 | -€147,558 | -74.0% |
| Transfer to deferred taxes | 680 | €38,146 | - | -€38,146 | |
| Profit (loss) for the period | 9904 | €161,227 | €51,816 | -€109,412 | -67.9% |
| Transfer to tax-exempt reserves | 689 | €114,439 | - | -€114,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,788 | €51,816 | +€5,028 | +10.7% |
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 15 October 2026 via checked.be.