Jub Jub: 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.
Jub Jub
Largest movements
- Cash -€36,841
down €36,841 (-71.8%), from €51,290 to €14,448
mainly Net result for the year (-€71,638) and Investment in fixed assets (net) (-€60,321)
- Intangible fixed assets +€31,314
up €31,314 (+38.0%), from €82,434 to €113,748
- Deferred charges and accrued income +€15,231
up €15,231 (+43.6%), from €34,963 to €50,194
- Stocks and contracts +€7,429
up €7,429 (+81.8%), from €9,083 to €16,513
- Tangible fixed assets +€6,386
up €6,386 (+60.2%), from €10,604 to €16,989
of which Plant, machinery and equipment: +€4,255
- Trade debts +€88,117
up €88,117 (+97.0%), from €90,871 to €178,988
- Profit (loss) carried forward -€71,638
down €71,638, from €1,747 to -€69,892
- Other debts +€7,045
up €7,045 (+64.9%), from €10,855 to €17,900
- Tax, wage and social debts +€3,566
up €3,566 (+25.3%), from €14,091 to €17,658
of which Remuneration and social security: +€3,925
- Staff costs +€55,391
up €55,391 (+25.6%), from €216,099 to €271,490
- Depreciation +€9,888
up €9,888 (+75.2%), from €13,142 to €23,031
- Gross operating margin -€6,117
down €6,117 (-2.5%), from €245,787 to €239,670
- Financial charges +€3,606
up €3,606 (+101%), from €3,555 to €7,161
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 | €197,563 | €224,654 | +€27,091 | +13.7% |
| Formation expenses | 20 | €1,654 | €1,244 | -€409 | -24.8% |
| Fixed assets | 21/28 | €93,038 | €130,738 | +€37,700 | +40.5% |
| Intangible fixed assets | 21 | €82,434 | €113,748 | +€31,314 | +38.0% |
| Tangible fixed assets | 22/27 | €10,604 | €16,989 | +€6,386 | +60.2% |
| Plant, machinery and equipment | 23 | €10,604 | €14,859 | +€4,255 | +40.1% |
| Furniture and vehicles | 24 | - | €2,130 | +€2,130 | |
| Current assets | 29/58 | €102,871 | €92,672 | -€10,200 | -9.9% |
| Stocks and contracts in progress | 3 | €9,083 | €16,513 | +€7,429 | +81.8% |
| Stocks | 30/36 | €9,083 | €16,513 | +€7,429 | +81.8% |
| Amounts receivable within one year | 40/41 | €7,536 | €11,517 | +€3,981 | +52.8% |
| Trade receivables | 40 | €3,313 | €912 | -€2,401 | -72.5% |
| Other amounts receivable | 41 | €4,223 | €10,605 | +€6,382 | +151% |
| Cash at bank and in hand | 54/58 | €51,290 | €14,448 | -€36,841 | -71.8% |
| Deferred charges and accrued income | 490/1 | €34,963 | €50,194 | +€15,231 | +43.6% |
| Total equity and liabilities | 10/49 | €197,563 | €224,654 | +€27,091 | +13.7% |
| Equity | 10/15 | €81,747 | €10,108 | -€71,638 | -87.6% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,747 | -€69,892 | -€71,638 | |
| Amounts payable | 17/49 | €115,817 | €214,546 | +€98,729 | +85.2% |
| Amounts payable within one year | 42/48 | €115,817 | €214,546 | +€98,729 | +85.2% |
| Trade debts | 44 | €90,871 | €178,988 | +€88,117 | +97.0% |
| Suppliers | 440/4 | €90,871 | €178,988 | +€88,117 | +97.0% |
| Taxes, remuneration and social security | 45 | €14,091 | €17,658 | +€3,566 | +25.3% |
| Taxes | 450/3 | €658 | €299 | -€359 | -54.6% |
| Remuneration and social security | 454/9 | €13,434 | €17,359 | +€3,925 | +29.2% |
| Other amounts payable | 47/48 | €10,855 | €17,900 | +€7,045 | +64.9% |
| Remuneration, social security and pensions | 62 | €216,099 | €271,490 | +€55,391 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,142 | €23,031 | +€9,888 | +75.2% |
| Other operating charges | 640/8 | €10,631 | €10,240 | -€391 | -3.7% |
| Gross operating margin | 9900 | €245,787 | €239,670 | -€6,117 | -2.5% |
| Operating profit (loss) | 9901 | €5,914 | -€65,090 | -€71,005 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +12.5% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +12.5% |
| Financial charges | 65/66B | €3,555 | €7,161 | +€3,606 | +101% |
| Recurring financial charges | 65 | €3,555 | €7,161 | +€3,606 | +101% |
| Profit (loss) for the period before taxes | 9903 | €2,360 | -€72,251 | -€74,611 | |
| Income taxes | 67/77 | €613 | -€613 | -€1,226 | |
| Profit (loss) for the period | 9904 | €1,747 | -€71,638 | -€73,385 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,747 | -€71,638 | -€73,385 |
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 21 October 2026 via checked.be.