JUBA STONES: what changed
JUBA STONES
Largest movements
- Receivables within one year +€55,636
up €55,636 (+314%), from €17,744 to €73,380
of which Other amounts receivable: +€36,093
- Tangible fixed assets -€53,445
down €53,445 (-46.1%), from €115,808 to €62,363
of which Plant, machinery and equipment: -€72,440
- Cash -€22,314
down €22,314 (-38.6%), from €57,795 to €35,481
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€55,636)
- Reserves -€72,127
down €72,127 (-50.3%), from €143,473 to €71,346
- Other debts +€47,773
up €47,773 (+148%), from €32,227 to €80,000
- Tax, wage and social debts +€5,866
up €5,866 (+510%), from €1,151 to €7,017
of which Taxes: +€6,463
- Gross operating margin -€124,701
down €124,701, from €77,658 to -€47,043
- Financial income +€79,365
up €79,365 (+2,418%), from €3,282 to €82,647
of which Non-recurring financial income: +€80,953
- Depreciation -€47,272
down €47,272 (-80.9%), from €58,427 to €11,156
- Staff costs -€1,807
no longer reported in 2025 (was €1,807)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,198 | €174,068 | -€19,130 | -9.9% |
| Fixed assets | 21/28 | €115,808 | €62,363 | -€53,445 | -46.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €115,808 | €62,363 | -€53,445 | -46.1% |
| Plant, machinery and equipment | 23 | €75,079 | €2,639 | -€72,440 | -96.5% |
| Furniture and vehicles | 24 | €31,481 | €59,724 | +€28,242 | +89.7% |
| Leasing and similar rights | 25 | €4,662 | - | -€4,662 | |
| Other tangible fixed assets | 26 | €4,586 | - | -€4,586 | |
| Current assets | 29/58 | €77,390 | €111,705 | +€34,315 | +44.3% |
| Amounts receivable within one year | 40/41 | €17,744 | €73,380 | +€55,636 | +314% |
| Trade receivables | 40 | €4,705 | €24,248 | +€19,543 | +415% |
| Other amounts receivable | 41 | €13,040 | €49,133 | +€36,093 | +277% |
| Cash at bank and in hand | 54/58 | €57,795 | €35,481 | -€22,314 | -38.6% |
| Deferred charges and accrued income | 490/1 | €1,851 | €2,844 | +€993 | +53.7% |
| Total equity and liabilities | 10/49 | €193,198 | €174,068 | -€19,130 | -9.9% |
| Equity | 10/15 | €155,873 | €83,746 | -€72,127 | -46.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,473 | €71,346 | -€72,127 | -50.3% |
| Distributable reserves | 133 | €143,473 | €71,346 | -€72,127 | -50.3% |
| Amounts payable | 17/49 | €37,325 | €90,322 | +€52,997 | +142% |
| Amounts payable within one year | 42/48 | €37,325 | €90,322 | +€52,997 | +142% |
| Trade debts | 44 | €3,947 | €3,305 | -€643 | -16.3% |
| Suppliers | 440/4 | €3,947 | €3,305 | -€643 | -16.3% |
| Taxes, remuneration and social security | 45 | €1,151 | €7,017 | +€5,866 | +510% |
| Taxes | 450/3 | €136 | €6,598 | +€6,463 | +4,759% |
| Remuneration and social security | 454/9 | €1,015 | €419 | -€596 | -58.8% |
| Other amounts payable | 47/48 | €32,227 | €80,000 | +€47,773 | +148% |
| Non-recurring operating income | 76A | €889 | - | -€889 | |
| Remuneration, social security and pensions | 62 | €1,807 | - | -€1,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,427 | €11,156 | -€47,272 | -80.9% |
| Other operating charges | 640/8 | €822 | €669 | -€154 | -18.7% |
| Non-recurring operating charges | 66A | - | €6,055 | +€6,055 | |
| Gross operating margin | 9900 | €77,658 | -€47,043 | -€124,701 | |
| Operating profit (loss) | 9901 | €16,601 | -€64,923 | -€81,525 | |
| Financial income | 75/76B | €3,282 | €82,647 | +€79,365 | +2,418% |
| Recurring financial income | 75 | €3,282 | €1,695 | -€1,588 | -48.4% |
| Non-recurring financial income | 76B | - | €80,953 | +€80,953 | |
| Financial charges | 65/66B | €5,631 | €6,172 | +€541 | +9.6% |
| Recurring financial charges | 65 | €5,631 | €4,485 | -€1,146 | -20.3% |
| Non-recurring financial charges | 66B | - | €1,687 | +€1,687 | |
| Profit (loss) for the period before taxes | 9903 | €14,252 | €11,552 | -€2,700 | -18.9% |
| Income taxes | 67/77 | €4,309 | €3,679 | -€630 | -14.6% |
| Profit (loss) for the period | 9904 | €9,944 | €7,873 | -€2,071 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,944 | €7,873 | -€2,071 | -20.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.