IUSTACAUSA: 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.
IUSTACAUSA
Largest movements
- Receivables within one year -€45,276
down €45,276 (-13.9%), from €325,965 to €280,689
- Cash +€22,793
up €22,793 (+234%), from €9,752 to €32,544
mainly Receivables within one year (+€45,276) and Investment in fixed assets (net) (+€13,676)
- Tangible fixed assets -€22,577
down €22,577 (-60.1%), from €37,589 to €15,012
of which Furniture and vehicles: -€21,733
- Tax, wage and social debts -€24,690
down €24,690 (-76.3%), from €32,368 to €7,677
of which Taxes: -€21,323
- Accrued charges and deferred income -€13,547
no longer reported in 2024 (was €13,547)
- Profit (loss) carried forward -€11,024
down €11,024 (-2.9%), from -€380,569 to -€391,593
- Other debts +€8,185
up €8,185 (+2.4%), from €343,590 to €351,776
- Trade debts -€3,984
down €3,984 (-1.8%), from €219,209 to €215,224
- Gross operating margin -€15,443
down €15,443 (-41.4%), from €37,323 to €21,880
- Depreciation -€5,188
down €5,188 (-36.8%), from €14,088 to €8,901
- Staff costs +€2,198
up €2,198 (+10.6%), from €20,819 to €23,017
- Other operating charges -€1,909
down €1,909 (-70.2%), from €2,722 to €812
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,418 | €329,359 | -€45,060 | -12.0% |
| Fixed assets | 21/28 | €37,589 | €15,012 | -€22,577 | -60.1% |
| Tangible fixed assets | 22/27 | €37,589 | €15,012 | -€22,577 | -60.1% |
| Plant, machinery and equipment | 23 | €1,869 | €1,025 | -€843 | -45.1% |
| Furniture and vehicles | 24 | €35,720 | €13,986 | -€21,733 | -60.8% |
| Current assets | 29/58 | €336,830 | €314,347 | -€22,483 | -6.7% |
| Amounts receivable within one year | 40/41 | €325,965 | €280,689 | -€45,276 | -13.9% |
| Trade receivables | 40 | €325,965 | €280,689 | -€45,276 | -13.9% |
| Cash at bank and in hand | 54/58 | €9,752 | €32,544 | +€22,793 | +234% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,113 | = | 0.0% |
| Total equity and liabilities | 10/49 | €374,418 | €329,359 | -€45,060 | -12.0% |
| Equity | 10/15 | -€234,295 | -€245,319 | -€11,024 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,674 | €127,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €107,064 | €107,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€380,569 | -€391,593 | -€11,024 | -2.9% |
| Amounts payable | 17/49 | €608,714 | €574,678 | -€34,036 | -5.6% |
| Amounts payable within one year | 42/48 | €595,167 | €574,678 | -€20,489 | -3.4% |
| Trade debts | 44 | €219,209 | €215,224 | -€3,984 | -1.8% |
| Suppliers | 440/4 | €219,209 | €215,224 | -€3,984 | -1.8% |
| Taxes, remuneration and social security | 45 | €32,368 | €7,677 | -€24,690 | -76.3% |
| Taxes | 450/3 | €29,001 | €7,677 | -€21,323 | -73.5% |
| Remuneration and social security | 454/9 | €3,367 | - | -€3,367 | |
| Other amounts payable | 47/48 | €343,590 | €351,776 | +€8,185 | +2.4% |
| Accrued charges and deferred income | 492/3 | €13,547 | - | -€13,547 | |
| Remuneration, social security and pensions | 62 | €20,819 | €23,017 | +€2,198 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,088 | €8,901 | -€5,188 | -36.8% |
| Other operating charges | 640/8 | €2,722 | €812 | -€1,909 | -70.2% |
| Gross operating margin | 9900 | €37,323 | €21,880 | -€15,443 | -41.4% |
| Operating profit (loss) | 9901 | -€306 | -€10,849 | -€10,543 | -3,443% |
| Financial charges | 65/66B | €86 | - | -€86 | |
| Recurring financial charges | 65 | €86 | - | -€86 | |
| Profit (loss) for the period before taxes | 9903 | -€393 | -€10,849 | -€10,457 | -2,664% |
| Income taxes | 67/77 | €164 | €174 | +€10 | +6.1% |
| Profit (loss) for the period | 9904 | -€557 | -€11,024 | -€10,467 | -1,879% |
| Profit (loss) for the period to be appropriated | 9905 | -€557 | -€11,024 | -€10,467 | -1,879% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.