IUSTA PROPERTY MANAGEMENT: 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.
IUSTA PROPERTY MANAGEMENT
Largest movements
- Receivables within one year +€71,316
up €71,316 (+977%), from €7,298 to €78,614
- Cash -€69,401
down €69,401 (-44.5%), from €155,992 to €86,591
mainly Receivables within one year (-€71,316) and Deferred charges and accrued income (-€3,246)
- Deferred charges and accrued income +€3,246
up €3,246 (+1,417%), from €229 to €3,475
- Tangible fixed assets +€2,906
new in 2025: €2,906
- Trade debts +€8,075
up €8,075 (+255%), from €3,163 to €11,238
- Advances received -€2,048
no longer reported in 2025 (was €2,048)
- Gross operating margin -€7,512
down €7,512 (-57.8%), from €12,986 to €5,474
- Taxes -€657
down €657 (-21.3%), from €3,083 to €2,426
- Financial charges +€642
up €642 (+391%), from €164 to €806
- Other operating charges +€278
up €278 (+35.1%), from €792 to €1,070
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 | €163,679 | €171,746 | +€8,067 | +4.9% |
| Fixed assets | 21/28 | €160 | €3,066 | +€2,906 | +1,816% |
| Tangible fixed assets | 22/27 | - | €2,906 | +€2,906 | |
| Furniture and vehicles | 24 | - | €2,906 | +€2,906 | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €163,519 | €168,680 | +€5,161 | +3.2% |
| Amounts receivable within one year | 40/41 | €7,298 | €78,614 | +€71,316 | +977% |
| Trade receivables | 40 | €7,298 | €78,614 | +€71,316 | +977% |
| Cash at bank and in hand | 54/58 | €155,992 | €86,591 | -€69,401 | -44.5% |
| Deferred charges and accrued income | 490/1 | €229 | €3,475 | +€3,246 | +1,417% |
| Total equity and liabilities | 10/49 | €163,679 | €171,746 | +€8,067 | +4.9% |
| Equity | 10/15 | €48,769 | €49,917 | +€1,148 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €504 | €504 | = | 0.0% |
| Non-distributable reserves | 130/1 | €504 | €504 | = | 0.0% |
| Reserves not available under the articles | 1311 | €504 | €504 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,665 | €30,813 | +€1,148 | +3.9% |
| Amounts payable | 17/49 | €114,910 | €121,829 | +€6,919 | +6.0% |
| Amounts payable within one year | 42/48 | €24,910 | €31,829 | +€6,919 | +27.8% |
| Trade debts | 44 | €3,163 | €11,238 | +€8,075 | +255% |
| Suppliers | 440/4 | €3,163 | €11,238 | +€8,075 | +255% |
| Advances received on contracts in progress | 46 | €2,048 | - | -€2,048 | |
| Taxes, remuneration and social security | 45 | €19,699 | €20,591 | +€892 | +4.5% |
| Taxes | 450/3 | €19,699 | €20,591 | +€892 | +4.5% |
| Accrued charges and deferred income | 492/3 | €90,000 | €90,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €24 | +€24 | |
| Other operating charges | 640/8 | €792 | €1,070 | +€278 | +35.1% |
| Gross operating margin | 9900 | €12,986 | €5,474 | -€7,512 | -57.8% |
| Operating profit (loss) | 9901 | €12,194 | €4,380 | -€7,814 | -64.1% |
| Financial charges | 65/66B | €164 | €806 | +€642 | +391% |
| Recurring financial charges | 65 | €164 | €806 | +€642 | +391% |
| Profit (loss) for the period before taxes | 9903 | €12,030 | €3,574 | -€8,456 | -70.3% |
| Income taxes | 67/77 | €3,083 | €2,426 | -€657 | -21.3% |
| Profit (loss) for the period | 9904 | €8,947 | €1,148 | -€7,799 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,947 | €1,148 | -€7,799 | -87.2% |
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 29 October 2026 via checked.be.