JOHNNY UTAH: 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.
JOHNNY UTAH
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+75.1%), from €1.5m to €2.6m
of which Trade receivables: +€816,537
- Tangible fixed assets +€665,106
up €665,106 (+58.8%), from €1.1m to €1.8m
of which Land and buildings: +€523,172
- Cash +€408,436
up €408,436 (+92.9%), from €439,634 to €848,071
mainly Other debts (+€1.7m) and Trade debts (+€437,509)
- Deferred charges and accrued income +€73,936
up €73,936 (+3,357%), from €2,202 to €76,139
- Other debts +€1.7m
up €1.7m (+737%), from €227,483 to €1.9m
- Trade debts +€437,509
up €437,509 (+144%), from €303,531 to €741,041
- Debts after one year +€243,670
up €243,670 (+40.9%), from €595,091 to €838,761
- Accrued charges and deferred income -€99,249
down €99,249 (-94.7%), from €104,749 to €5,500
- Tax, wage and social debts -€97,666
down €97,666 (-41.2%), from €237,287 to €139,620
of which Taxes: -€97,666
- Gross operating margin -€306,829
down €306,829 (-45.6%), from €673,458 to €366,629
- Taxes -€89,984
down €89,984 (-39.6%), from €227,349 to €137,365
- Depreciation +€34,084
up €34,084 (+56.9%), from €59,861 to €93,945
- Financial income +€25,404
up €25,404 (+1,390%), from €1,828 to €27,232
- Staff costs -€13,940
no longer reported in 2025 (was €13,940)
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 | €3,086,007 | €5,369,226 | +€2.3m | +74.0% |
| Fixed assets | 21/28 | €1,132,212 | €1,797,318 | +€665,106 | +58.7% |
| Tangible fixed assets | 22/27 | €1,131,372 | €1,796,478 | +€665,106 | +58.8% |
| Land and buildings | 22 | €1,014,386 | €1,537,558 | +€523,172 | +51.6% |
| Plant, machinery and equipment | 23 | €7,351 | €87,253 | +€79,902 | +1,087% |
| Furniture and vehicles | 24 | €109,636 | €171,667 | +€62,031 | +56.6% |
| Financial fixed assets | 28 | €840 | €840 | = | 0.0% |
| Current assets | 29/58 | €1,953,795 | €3,571,907 | +€1.6m | +82.8% |
| Amounts receivable within one year | 40/41 | €1,511,959 | €2,647,698 | +€1.1m | +75.1% |
| Trade receivables | 40 | €478,023 | €1,294,560 | +€816,537 | +171% |
| Other amounts receivable | 41 | €1,033,935 | €1,353,138 | +€319,203 | +30.9% |
| Cash at bank and in hand | 54/58 | €439,634 | €848,071 | +€408,436 | +92.9% |
| Deferred charges and accrued income | 490/1 | €2,202 | €76,139 | +€73,936 | +3,357% |
| Total equity and liabilities | 10/49 | €3,086,007 | €5,369,226 | +€2.3m | +74.0% |
| Equity | 10/15 | €1,555,271 | €1,670,931 | +€115,660 | +7.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,555,347 | €1,620,931 | +€65,584 | +4.2% |
| Distributable reserves | 133 | €1,555,347 | €1,620,931 | +€65,584 | +4.2% |
| Profit (loss) carried forward | 14 | -€50,077 | - | +€50,077 | |
| Amounts payable | 17/49 | €1,530,737 | €3,698,295 | +€2.2m | +142% |
| Amounts payable after more than one year | 17 | €595,091 | €838,761 | +€243,670 | +40.9% |
| Financial debts | 170/4 | €595,091 | €838,761 | +€243,670 | +40.9% |
| Amounts payable within one year | 42/48 | €830,897 | €2,854,034 | +€2.0m | +243% |
| Current portion of amounts payable after more than one year | 42 | €62,443 | €69,742 | +€7,300 | +11.7% |
| Financial debts | 43 | €154 | €163 | +€9 | +5.8% |
| Credit institutions | 430/8 | €154 | €163 | +€9 | +5.8% |
| Trade debts | 44 | €303,531 | €741,041 | +€437,509 | +144% |
| Suppliers | 440/4 | €303,531 | €741,041 | +€437,509 | +144% |
| Taxes, remuneration and social security | 45 | €237,287 | €139,620 | -€97,666 | -41.2% |
| Taxes | 450/3 | €227,349 | €129,683 | -€97,666 | -43.0% |
| Remuneration and social security | 454/9 | €9,938 | €9,938 | = | 0.0% |
| Other amounts payable | 47/48 | €227,483 | €1,903,468 | +€1.7m | +737% |
| Accrued charges and deferred income | 492/3 | €104,749 | €5,500 | -€99,249 | -94.7% |
| Remuneration, social security and pensions | 62 | €13,940 | - | -€13,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,861 | €93,945 | +€34,084 | +56.9% |
| Other operating charges | 640/8 | €4,119 | €12,858 | +€8,739 | +212% |
| Gross operating margin | 9900 | €673,458 | €366,629 | -€306,829 | -45.6% |
| Operating profit (loss) | 9901 | €595,539 | €259,826 | -€335,712 | -56.4% |
| Financial income | 75/76B | €1,828 | €27,232 | +€25,404 | +1,390% |
| Recurring financial income | 75 | €1,828 | €27,232 | +€25,404 | +1,390% |
| Financial charges | 65/66B | €24,276 | €34,033 | +€9,757 | +40.2% |
| Recurring financial charges | 65 | €24,276 | €34,033 | +€9,757 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €573,091 | €253,025 | -€320,066 | -55.8% |
| Income taxes | 67/77 | €227,349 | €137,365 | -€89,984 | -39.6% |
| Profit (loss) for the period | 9904 | €345,742 | €115,660 | -€230,082 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €345,742 | €115,660 | -€230,082 | -66.5% |
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 28 October 2026 via checked.be.