JUAS TRADE: 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.
JUAS TRADE
Largest movements
- Receivables within one year +€66,453
up €66,453 (+360.9%), from €18,414 to €84,867
- Current investments -€25,522
down €25,522 (-46.8%), from €54,522 to €29,000
- Tangible fixed assets -€3,246
down €3,246 (-3.1%), from €105,683 to €102,438
- Cash +€2,676
up €2,676 (+246.6%), from €1,085 to €3,760
mainly Other debts (+€119,000) and Net result for the year (+€42,534)
- Other debts +€119,000
new in 2025: €119,000
- Reserves -€76,466
down €76,466 (-47.7%), from €160,212 to €83,746
of which Distributable reserves: -€76,466
- Tax, wage and social debts -€6,085
down €6,085 (-96.9%), from €6,282 to €197
- Trade debts +€4,512
new in 2025: €4,512
- Financial income +€13,566
new in 2025: €13,566
- Taxes -€5,197
down €5,197 (-96.3%), from €5,394 to €197
- Gross operating margin +€4,780
up €4,780 (+14.7%), from €32,603 to €37,383
- Depreciation -€2,637
down €2,637 (-44.8%), from €5,882 to €3,246
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 | €179,704 | €220,065 | +€40,361 | +22.5% |
| Fixed assets | 21/28 | €105,683 | €102,438 | -€3,246 | -3.1% |
| Tangible fixed assets | 22/27 | €105,683 | €102,438 | -€3,246 | -3.1% |
| Land and buildings | 22 | €105,683 | €102,438 | -€3,246 | -3.1% |
| Current assets | 29/58 | €74,021 | €117,628 | +€43,607 | +58.9% |
| Amounts receivable within one year | 40/41 | €18,414 | €84,867 | +€66,453 | +360.9% |
| Other amounts receivable | 41 | €18,414 | €84,867 | +€66,453 | +360.9% |
| Current investments | 50/53 | €54,522 | €29,000 | -€25,522 | -46.8% |
| Cash at bank and in hand | 54/58 | €1,085 | €3,760 | +€2,676 | +246.6% |
| Total equity and liabilities | 10/49 | €179,704 | €220,065 | +€40,361 | +22.5% |
| Equity | 10/15 | €172,522 | €96,056 | -€76,466 | -44.3% |
| Contributions | 10/11 | €12,310 | €12,310 | = | 0.0% |
| Reserves | 13 | €160,212 | €83,746 | -€76,466 | -47.7% |
| Non-distributable reserves | 130/1 | €12,830 | €12,830 | = | 0.0% |
| Other | 1319 | €12,830 | €12,830 | = | 0.0% |
| Distributable reserves | 133 | €147,382 | €70,916 | -€76,466 | -51.9% |
| Amounts payable | 17/49 | €7,182 | €124,009 | +€116,827 | +1626.7% |
| Amounts payable within one year | 42/48 | €6,282 | €123,709 | +€117,427 | +1869.3% |
| Trade debts | 44 | - | €4,512 | +€4,512 | |
| Suppliers | 440/4 | - | €4,512 | +€4,512 | |
| Taxes, remuneration and social security | 45 | €6,282 | €197 | -€6,085 | -96.9% |
| Taxes | 450/3 | €6,282 | €197 | -€6,085 | -96.9% |
| Other amounts payable | 47/48 | - | €119,000 | +€119,000 | |
| Accrued charges and deferred income | 492/3 | €900 | €300 | -€600 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,882 | €3,246 | -€2,637 | -44.8% |
| Other operating charges | 640/8 | €4,940 | €4,823 | -€117 | -2.4% |
| Gross operating margin | 9900 | €32,603 | €37,383 | +€4,780 | +14.7% |
| Operating profit (loss) | 9901 | €21,781 | €29,315 | +€7,534 | +34.6% |
| Financial income | 75/76B | - | €13,566 | +€13,566 | |
| Recurring financial income | 75 | - | €13,566 | +€13,566 | |
| Financial charges | 65/66B | €121 | €150 | +€29 | +23.9% |
| Recurring financial charges | 65 | €121 | €150 | +€29 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €21,660 | €42,731 | +€21,071 | +97.3% |
| Income taxes | 67/77 | €5,394 | €197 | -€5,197 | -96.3% |
| Profit (loss) for the period | 9904 | €16,266 | €42,534 | +€26,268 | +161.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,266 | €42,534 | +€26,268 | +161.5% |
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.