JUAX: 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.
JUAX
Largest movements
- Stocks and contracts +€62,583
up €62,583 (+82.0%), from €76,328 to €138,911
- Cash +€59,358
up €59,358 (+117.3%), from €50,585 to €109,943
mainly Net result for the year (+€66,841) and Trade debts (+€60,899)
- Receivables within one year -€54,561
down €54,561 (-81.9%), from €66,613 to €12,052
of which Other amounts receivable: -€52,930
- Tangible fixed assets -€11,221
down €11,221 (-29.0%), from €38,726 to €27,505
of which Leasing and similar rights: -€10,676
- Deferred charges and accrued income +€3,689
up €3,689 (+34.6%), from €10,655 to €14,344
- Trade debts +€60,899
up €60,899 (+47.8%), from €127,459 to €188,358
- Tax, wage and social debts +€8,650
up €8,650 (+13.8%), from €62,651 to €71,301
of which Remuneration and social security: +€8,965
- Debts after one year -€6,587
down €6,587 (-37.2%), from €17,717 to €11,129
- Other debts -€5,549
down €5,549 (-55.5%), from €10,000 to €4,451
- Gross operating margin +€75,354
up €75,354 (+14.7%), from €513,424 to €588,778
- Staff costs +€62,265
up €62,265 (+15.0%), from €415,585 to €477,850
- Taxes +€14,264
up €14,264 (+287.1%), from €4,968 to €19,232
- Financial income -€6,470
down €6,470 (-94.9%), from €6,821 to €351
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 | €242,906 | €302,755 | +€59,849 | +24.6% |
| Fixed assets | 21/28 | €38,726 | €27,505 | -€11,221 | -29.0% |
| Tangible fixed assets | 22/27 | €38,726 | €27,505 | -€11,221 | -29.0% |
| Plant, machinery and equipment | 23 | €656 | €209 | -€447 | -68.1% |
| Furniture and vehicles | 24 | €250 | €152 | -€98 | -39.1% |
| Leasing and similar rights | 25 | €37,820 | €27,144 | -€10,676 | -28.2% |
| Current assets | 29/58 | €204,181 | €275,250 | +€71,069 | +34.8% |
| Stocks and contracts in progress | 3 | €76,328 | €138,911 | +€62,583 | +82.0% |
| Stocks | 30/36 | €76,328 | €138,911 | +€62,583 | +82.0% |
| Amounts receivable within one year | 40/41 | €66,613 | €12,052 | -€54,561 | -81.9% |
| Trade receivables | 40 | €10,990 | €9,359 | -€1,631 | -14.8% |
| Other amounts receivable | 41 | €55,623 | €2,693 | -€52,930 | -95.2% |
| Cash at bank and in hand | 54/58 | €50,585 | €109,943 | +€59,358 | +117.3% |
| Deferred charges and accrued income | 490/1 | €10,655 | €14,344 | +€3,689 | +34.6% |
| Total equity and liabilities | 10/49 | €242,906 | €302,755 | +€59,849 | +24.6% |
| Equity | 10/15 | €19,088 | €20,929 | +€1,841 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €488 | €2,329 | +€1,841 | +377.3% |
| Distributable reserves | 133 | €488 | €2,329 | +€1,841 | +377.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €223,819 | €281,827 | +€58,008 | +25.9% |
| Amounts payable after more than one year | 17 | €17,717 | €11,129 | -€6,587 | -37.2% |
| Financial debts | 170/4 | €17,717 | €11,129 | -€6,587 | -37.2% |
| Amounts payable within one year | 42/48 | €206,102 | €270,698 | +€64,596 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €5,992 | €6,587 | +€596 | +9.9% |
| Trade debts | 44 | €127,459 | €188,358 | +€60,899 | +47.8% |
| Suppliers | 440/4 | €127,459 | €188,358 | +€60,899 | +47.8% |
| Taxes, remuneration and social security | 45 | €62,651 | €71,301 | +€8,650 | +13.8% |
| Taxes | 450/3 | €14,758 | €14,444 | -€315 | -2.1% |
| Remuneration and social security | 454/9 | €47,893 | €56,858 | +€8,965 | +18.7% |
| Other amounts payable | 47/48 | €10,000 | €4,451 | -€5,549 | -55.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €415,585 | €477,850 | +€62,265 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,221 | €11,221 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,253 | €2,382 | -€871 | -26.8% |
| Gross operating margin | 9900 | €513,424 | €588,778 | +€75,354 | +14.7% |
| Operating profit (loss) | 9901 | €83,365 | €97,326 | +€13,961 | +16.7% |
| Financial income | 75/76B | €6,821 | €351 | -€6,470 | -94.9% |
| Recurring financial income | 75 | €6,821 | €351 | -€6,470 | -94.9% |
| Financial charges | 65/66B | €6,154 | €11,604 | +€5,450 | +88.6% |
| Recurring financial charges | 65 | €6,154 | €11,604 | +€5,450 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €84,032 | €86,073 | +€2,041 | +2.4% |
| Income taxes | 67/77 | €4,968 | €19,232 | +€14,264 | +287.1% |
| Profit (loss) for the period | 9904 | €79,064 | €66,841 | -€12,223 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,064 | €66,841 | -€12,223 | -15.5% |
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 6 October 2026 via checked.be.