Jubalea: 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.
Jubalea
Largest movements
- Cash +€12,610
up €12,610 (+31.8%), from €39,660 to €52,270
mainly Net result for the year (+€30,629) and Other debts (+€8,891)
- Tangible fixed assets -€2,628
down €2,628 (-73.4%), from €3,579 to €951
- Deferred charges and accrued income -€1,803
down €1,803 (-100.0%), from €1,803 to €0
- Receivables within one year -€912
down €912 (-4.9%), from €18,666 to €17,754
of which Other amounts receivable: -€3,418
- Other debts +€8,891
up €8,891 (+31.1%), from €28,551 to €37,441
- Trade debts -€6,584
down €6,584 (-91.2%), from €7,221 to €638
- Tax, wage and social debts +€3,559
up €3,559 (+27.4%), from €12,995 to €16,554
- Accrued charges and deferred income +€1,400
up €1,400, from €0 to €1,400
- Gross operating margin +€32,796
up €32,796 (+282.3%), from €11,619 to €44,414
- Taxes +€6,525
up €6,525 (+253.8%), from €2,571 to €9,096
- Financial charges +€970
up €970 (+274.6%), from €353 to €1,323
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 | €63,709 | €70,975 | +€7,266 | +11.4% |
| Fixed assets | 21/28 | €3,579 | €951 | -€2,628 | -73.4% |
| Tangible fixed assets | 22/27 | €3,579 | €951 | -€2,628 | -73.4% |
| Plant, machinery and equipment | 23 | €3,579 | €951 | -€2,628 | -73.4% |
| Current assets | 29/58 | €60,130 | €70,024 | +€9,895 | +16.5% |
| Amounts receivable within one year | 40/41 | €18,666 | €17,754 | -€912 | -4.9% |
| Trade receivables | 40 | €11,494 | €14,000 | +€2,505 | +21.8% |
| Other amounts receivable | 41 | €7,172 | €3,754 | -€3,418 | -47.7% |
| Cash at bank and in hand | 54/58 | €39,660 | €52,270 | +€12,610 | +31.8% |
| Deferred charges and accrued income | 490/1 | €1,803 | €0 | -€1,803 | -100.0% |
| Total equity and liabilities | 10/49 | €63,709 | €70,975 | +€7,266 | +11.4% |
| Equity | 10/15 | €14,941 | €14,941 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,941 | €13,941 | = | 0.0% |
| Distributable reserves | 133 | €13,941 | €13,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,767 | €56,034 | +€7,266 | +14.9% |
| Amounts payable within one year | 42/48 | €48,767 | €54,633 | +€5,866 | +12.0% |
| Trade debts | 44 | €7,221 | €638 | -€6,584 | -91.2% |
| Suppliers | 440/4 | €7,221 | €638 | -€6,584 | -91.2% |
| Taxes, remuneration and social security | 45 | €12,995 | €16,554 | +€3,559 | +27.4% |
| Taxes | 450/3 | €12,995 | €16,554 | +€3,559 | +27.4% |
| Other amounts payable | 47/48 | €28,551 | €37,441 | +€8,891 | +31.1% |
| Accrued charges and deferred income | 492/3 | €0 | €1,400 | +€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,981 | €2,628 | -€352 | -11.8% |
| Other operating charges | 640/8 | €872 | €813 | -€58 | -6.7% |
| Gross operating margin | 9900 | €11,619 | €44,414 | +€32,796 | +282.3% |
| Operating profit (loss) | 9901 | €7,766 | €40,973 | +€33,207 | +427.6% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €353 | €1,323 | +€970 | +274.6% |
| Recurring financial charges | 65 | €353 | €1,323 | +€970 | +274.6% |
| Profit (loss) for the period before taxes | 9903 | €7,413 | €39,725 | +€32,312 | +435.9% |
| Income taxes | 67/77 | €2,571 | €9,096 | +€6,525 | +253.8% |
| Profit (loss) for the period | 9904 | €4,842 | €30,629 | +€25,787 | +532.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,842 | €30,629 | +€25,787 | +532.5% |
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 11 October 2026 via checked.be.