JUBACO: 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.
JUBACO
Largest movements
- Receivables within one year +€42,166
up €42,166 (+37.2%), from €113,355 to €155,521
- Cash +€10,392
up €10,392 (+21.2%), from €49,073 to €59,464
mainly Net result for the year (+€61,068) and Other debts (+€21,465)
- Tangible fixed assets -€4,400
down €4,400 (-6.0%), from €73,427 to €69,027
- Profit (loss) carried forward +€39,603
up €39,603 (+31.0%), from €127,768 to €167,370
- Other debts +€21,465
new in 2025: €21,465
- Debts after one year -€10,000
down €10,000 (-27.9%), from €35,834 to €25,834
- Tax, wage and social debts -€3,086
down €3,086 (-27.2%), from €11,327 to €8,241
- Financial income +€8,212
up €8,212 (+8,198%), from €100 to €8,312
- Gross operating margin -€1,870
down €1,870 (-2.3%), from €82,808 to €80,938
- Taxes +€1,187
up €1,187 (+6.2%), from €19,232 to €20,419
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 | €235,855 | €284,012 | +€48,157 | +20.4% |
| Fixed assets | 21/28 | €73,427 | €69,027 | -€4,400 | -6.0% |
| Tangible fixed assets | 22/27 | €73,427 | €69,027 | -€4,400 | -6.0% |
| Land and buildings | 22 | €73,427 | €69,027 | -€4,400 | -6.0% |
| Current assets | 29/58 | €162,428 | €214,985 | +€52,557 | +32.4% |
| Amounts receivable within one year | 40/41 | €113,355 | €155,521 | +€42,166 | +37.2% |
| Other amounts receivable | 41 | €113,355 | €155,521 | +€42,166 | +37.2% |
| Cash at bank and in hand | 54/58 | €49,073 | €59,464 | +€10,392 | +21.2% |
| Total equity and liabilities | 10/49 | €235,855 | €284,012 | +€48,157 | +20.4% |
| Equity | 10/15 | €178,694 | €218,297 | +€39,603 | +22.2% |
| Contributions | 10/11 | €41,649 | €41,649 | = | 0.0% |
| Reserves | 13 | €9,277 | €9,277 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,165 | €4,165 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,165 | €4,165 | = | 0.0% |
| Distributable reserves | 133 | €5,112 | €5,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,768 | €167,370 | +€39,603 | +31.0% |
| Amounts payable | 17/49 | €57,161 | €65,715 | +€8,554 | +15.0% |
| Amounts payable after more than one year | 17 | €35,834 | €25,834 | -€10,000 | -27.9% |
| Financial debts | 170/4 | €35,834 | €25,834 | -€10,000 | -27.9% |
| Amounts payable within one year | 42/48 | €21,327 | €39,881 | +€18,554 | +87.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | - | €175 | +€175 | |
| Suppliers | 440/4 | - | €175 | +€175 | |
| Taxes, remuneration and social security | 45 | €11,327 | €8,241 | -€3,086 | -27.2% |
| Taxes | 450/3 | €11,327 | €8,241 | -€3,086 | -27.2% |
| Other amounts payable | 47/48 | - | €21,465 | +€21,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,400 | €4,400 | = | 0.0% |
| Other operating charges | 640/8 | €2,046 | €2,084 | +€38 | +1.9% |
| Gross operating margin | 9900 | €82,808 | €80,938 | -€1,870 | -2.3% |
| Operating profit (loss) | 9901 | €76,362 | €74,454 | -€1,908 | -2.5% |
| Financial income | 75/76B | €100 | €8,312 | +€8,212 | +8,198% |
| Recurring financial income | 75 | €100 | €8,312 | +€8,212 | +8,198% |
| Financial charges | 65/66B | €1,411 | €1,279 | -€132 | -9.3% |
| Recurring financial charges | 65 | €1,411 | €1,279 | -€132 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €75,051 | €81,487 | +€6,435 | +8.6% |
| Income taxes | 67/77 | €19,232 | €20,419 | +€1,187 | +6.2% |
| Profit (loss) for the period | 9904 | €55,819 | €61,068 | +€5,249 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,819 | €61,068 | +€5,249 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.