JUARNO: 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.
JUARNO
Largest movements
- Cash -€18,362
down €18,362 (-95.5%), from €19,225 to €863
mainly Net result for the year (-€19,820) and Receivables within one year (-€5,592)
- Receivables within one year +€5,592
up €5,592 (+48.9%), from €11,425 to €17,017
of which Other amounts receivable: +€5,357
- Tangible fixed assets -€2,642
down €2,642 (-37.6%), from €7,023 to €4,381
- Reserves -€19,820
down €19,820 (-17.2%), from €115,395 to €95,575
of which Distributable reserves: -€19,820
- Advances received +€6,050
new in 2024: €6,050
- Tax, wage and social debts -€4,797
no longer reported in 2024 (was €4,797)
- Other debts +€3,059
new in 2024: €3,059
- Gross operating margin -€20,860
down €20,860, from €5,238 to -€15,622
- Taxes -€816
down €816 (-81.4%), from €1,003 to €186
- Depreciation -€436
down €436 (-14.2%), from €3,078 to €2,642
- Other operating charges +€329
up €329 (+31.9%), from €1,031 to €1,360
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.
Cash bridge derived
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 | €145,487 | €130,402 | -€15,085 | -10.4% |
| Fixed assets | 21/28 | €7,023 | €4,381 | -€2,642 | -37.6% |
| Tangible fixed assets | 22/27 | €7,023 | €4,381 | -€2,642 | -37.6% |
| Furniture and vehicles | 24 | €7,023 | €4,381 | -€2,642 | -37.6% |
| Current assets | 29/58 | €138,464 | €126,021 | -€12,443 | -9.0% |
| Amounts receivable within one year | 40/41 | €11,425 | €17,017 | +€5,592 | +48.9% |
| Trade receivables | 40 | €5,710 | €5,945 | +€235 | +4.1% |
| Other amounts receivable | 41 | €5,715 | €11,072 | +€5,357 | +93.7% |
| Current investments | 50/53 | €107,814 | €108,141 | +€327 | +0.3% |
| Cash at bank and in hand | 54/58 | €19,225 | €863 | -€18,362 | -95.5% |
| Total equity and liabilities | 10/49 | €145,487 | €130,402 | -€15,085 | -10.4% |
| Equity | 10/15 | €137,783 | €117,964 | -€19,820 | -14.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €115,395 | €95,575 | -€19,820 | -17.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €113,540 | €93,720 | -€19,820 | -17.5% |
| Profit (loss) carried forward | 14 | €3,838 | €3,838 | = | 0.0% |
| Amounts payable | 17/49 | €7,704 | €12,438 | +€4,734 | +61.5% |
| Amounts payable within one year | 42/48 | €7,704 | €12,438 | +€4,734 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Financial debts | 43 | €412 | €412 | = | 0.0% |
| Credit institutions | 430/8 | €412 | €412 | = | 0.0% |
| Trade debts | 44 | €495 | €917 | +€422 | +85.1% |
| Suppliers | 440/4 | €495 | €917 | +€422 | +85.1% |
| Advances received on contracts in progress | 46 | - | €6,050 | +€6,050 | |
| Taxes, remuneration and social security | 45 | €4,797 | - | -€4,797 | |
| Taxes | 450/3 | €4,797 | - | -€4,797 | |
| Other amounts payable | 47/48 | - | €3,059 | +€3,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,078 | €2,642 | -€436 | -14.2% |
| Other operating charges | 640/8 | €1,031 | €1,360 | +€329 | +31.9% |
| Gross operating margin | 9900 | €5,238 | -€15,622 | -€20,860 | |
| Operating profit (loss) | 9901 | €1,129 | -€19,624 | -€20,753 | |
| Financial income | 75/76B | €223 | €327 | +€104 | +46.5% |
| Recurring financial income | 75 | €223 | €327 | +€104 | +46.5% |
| Financial charges | 65/66B | €183 | €336 | +€154 | +84.1% |
| Recurring financial charges | 65 | €183 | €336 | +€154 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €1,170 | -€19,633 | -€20,803 | |
| Income taxes | 67/77 | €1,003 | €186 | -€816 | -81.4% |
| Profit (loss) for the period | 9904 | €167 | -€19,820 | -€19,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €167 | -€19,820 | -€19,986 |
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 10 October 2026 via checked.be.