JU.CA.EM: what changed
Two fiscal 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.
JU.CA.EM
Largest movements
- Tangible fixed assets +€3,942
up €3,942 (+51.2%), from €7,701 to €11,643
of which Furniture and vehicles: +€3,649
- Deferred charges and accrued income -€1,506
down €1,506 (-23.1%), from €6,530 to €5,024
- Cash -€1,175
down €1,175 (-7.5%), from €15,691 to €14,516
mainly Investment in fixed assets (net) (-€8,151) and Trade debts (-€4,016)
- Reserves +€4,900
up €4,900 (+2033.9%), from €241 to €5,141
of which Distributable reserves: +€4,900
- Trade debts -€4,016
down €4,016 (-77.0%), from €5,217 to €1,201
- Other debts +€1,856
up €1,856 (+40.4%), from €4,590 to €6,446
- Current portion of long-term debt -€1,333
down €1,333 (-74.2%), from €1,797 to €464
- Tax, wage and social debts +€501
up €501 (+14.7%), from €3,398 to €3,899
- Depreciation +€1,462
up €1,462 (+53.2%), from €2,748 to €4,209
- Gross operating margin +€848
up €848 (+7.8%), from €10,904 to €11,752
- Taxes +€509
up €509 (+26.9%), from €1,888 to €2,397
- Financial charges -€427
down €427 (-55.0%), from €777 to €350
- Financial income +€332
up €332 (+77239.5%), from €0 to €333
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.
Cash bridge derived
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 | €35,133 | €36,678 | +€1,545 | +4.4% |
| Fixed assets | 21/28 | €7,701 | €11,643 | +€3,942 | +51.2% |
| Tangible fixed assets | 22/27 | €7,701 | €11,643 | +€3,942 | +51.2% |
| Plant, machinery and equipment | 23 | €5,237 | €5,530 | +€293 | +5.6% |
| Furniture and vehicles | 24 | €2,464 | €6,113 | +€3,649 | +148.1% |
| Current assets | 29/58 | €27,432 | €25,034 | -€2,397 | -8.7% |
| Amounts receivable within one year | 40/41 | €5,211 | €5,494 | +€284 | +5.4% |
| Trade receivables | 40 | €5,211 | €5,494 | +€284 | +5.4% |
| Cash at bank and in hand | 54/58 | €15,691 | €14,516 | -€1,175 | -7.5% |
| Deferred charges and accrued income | 490/1 | €6,530 | €5,024 | -€1,506 | -23.1% |
| Total equity and liabilities | 10/49 | €35,133 | €36,678 | +€1,545 | +4.4% |
| Equity | 10/15 | €19,669 | €24,669 | +€5,001 | +25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241 | €5,141 | +€4,900 | +2033.9% |
| Non-distributable reserves | 130/1 | €241 | €241 | = | 0.0% |
| Reserves not available under the articles | 1311 | €241 | €241 | = | 0.0% |
| Distributable reserves | 133 | - | €4,900 | +€4,900 | |
| Profit (loss) carried forward | 14 | €828 | €928 | +€101 | +12.2% |
| Amounts payable | 17/49 | €15,464 | €12,009 | -€3,456 | -22.3% |
| Amounts payable after more than one year | 17 | €464 | - | -€464 | |
| Financial debts | 170/4 | €464 | - | -€464 | |
| Amounts payable within one year | 42/48 | €15,001 | €12,009 | -€2,992 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €1,797 | €464 | -€1,333 | -74.2% |
| Trade debts | 44 | €5,217 | €1,201 | -€4,016 | -77.0% |
| Suppliers | 440/4 | €5,217 | €1,201 | -€4,016 | -77.0% |
| Taxes, remuneration and social security | 45 | €3,398 | €3,899 | +€501 | +14.7% |
| Taxes | 450/3 | €3,398 | €3,899 | +€501 | +14.7% |
| Other amounts payable | 47/48 | €4,590 | €6,446 | +€1,856 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,748 | €4,209 | +€1,462 | +53.2% |
| Other operating charges | 640/8 | €168 | €129 | -€39 | -23.3% |
| Gross operating margin | 9900 | €10,904 | €11,752 | +€848 | +7.8% |
| Operating profit (loss) | 9901 | €7,988 | €7,414 | -€574 | -7.2% |
| Financial income | 75/76B | €0 | €333 | +€332 | +77239.5% |
| Recurring financial income | 75 | €0 | €333 | +€332 | +77239.5% |
| Financial charges | 65/66B | €777 | €350 | -€427 | -55.0% |
| Recurring financial charges | 65 | €777 | €350 | -€427 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | €7,212 | €7,397 | +€185 | +2.6% |
| Income taxes | 67/77 | €1,888 | €2,397 | +€509 | +26.9% |
| Profit (loss) for the period | 9904 | €5,324 | €5,001 | -€324 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,324 | €5,001 | -€324 | -6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.