JUBARTOLAS: 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.
What changed
JUBARTOLAS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,249
2024 · -€360,381+€366,629
Equity
€637,437
2024 · €631,189+€6,249
Cash
€178,959
2024 · €202,075-€23,116
Balance sheet total
€5.7m
2024 · €4.4m+€1.3m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+31.2%), from €3.3m to €4.3m
of which Other amounts receivable: +€831,921
- Tangible fixed assets +€278,015
up €278,015 (+167.4%), from €166,077 to €444,091
of which Furniture and vehicles: +€299,460
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+42.5%), from €3.0m to €4.2m
- Debts after one year +€94,649
up €94,649 (+236.4%), from €40,045 to €134,694
- Current portion of long-term debt -€92,961
down €92,961 (-52.6%), from €176,618 to €83,657
Income statement
- Gross operating margin +€441,894
up €441,894 (+36.1%), from €1.2m to €1.7m
- Staff costs +€124,844
up €124,844 (+10.3%), from €1.2m to €1.3m
- Financial charges +€43,579
up €43,579 (+80.3%), from €54,264 to €97,843
- Taxes -€32,454
down €32,454 (-49.7%), from €65,266 to €32,812
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.
Result 2024
-€360,381
Gross operating margin
+€441,894
Staff costs
-€124,844
Depreciation
-€5,042
Write-downs
-€1,990
Other operating charges
-€12,304
Other operating items
+€76,494
Financial income
+€3,546
Financial charges
-€43,579
Taxes
+€32,454
Result 2025
€6,249
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.
From operations
+€335,210
Investment
-€360,014
Financing
+€1,687
Cash 2024
€202,075
From operations (derived)
+€335,210
Net result for the year
+€6,249
Depreciation
+€82,247
Stocks and contracts
+€18,317
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€30,934
Trade debts
+€1.3m
Tax, wage and social debts
+€44,770
Other debts
-€19,065
Accrued charges and deferred income
-€3,674
Investment (derived)
-€360,014
Investment in fixed assets (net)
-€360,014
Financing
+€1,687
Debts after one year
+€94,649
Current portion of long-term debt
-€92,961
Cash 2025
€178,959
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,435,368 | €5,727,757 | +€1.3m | +29.1% |
| Fixed assets | 21/28 | €168,612 | €446,379 | +€277,767 | +164.7% |
| Intangible fixed assets | 21 | €777 | €529 | -€248 | -31.9% |
| Tangible fixed assets | 22/27 | €166,077 | €444,091 | +€278,015 | +167.4% |
| Plant, machinery and equipment | 23 | €109,348 | €87,903 | -€21,445 | -19.6% |
| Furniture and vehicles | 24 | €56,728 | €356,189 | +€299,460 | +527.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,759 | €1,759 | = | 0.0% |
| Current assets | 29/58 | €4,266,756 | €5,281,378 | +€1.0m | +23.8% |
| Stocks and contracts in progress | 3 | €768,165 | €749,847 | -€18,317 | -2.4% |
| Stocks | 30/36 | €768,165 | €749,847 | -€18,317 | -2.4% |
| Amounts receivable within one year | 40/41 | €3,287,357 | €4,312,479 | +€1.0m | +31.2% |
| Trade receivables | 40 | €221,204 | €414,405 | +€193,201 | +87.3% |
| Other amounts receivable | 41 | €3,066,153 | €3,898,073 | +€831,921 | +27.1% |
| Cash at bank and in hand | 54/58 | €202,075 | €178,959 | -€23,116 | -11.4% |
| Deferred charges and accrued income | 490/1 | €9,159 | €40,093 | +€30,934 | +337.8% |
| Total equity and liabilities | 10/49 | €4,435,368 | €5,727,757 | +€1.3m | +29.1% |
| Equity | 10/15 | €631,189 | €637,437 | +€6,249 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €249,860 | €249,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €248,000 | €248,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €375,129 | €381,377 | +€6,249 | +1.7% |
| Amounts payable | 17/49 | €3,804,179 | €5,090,320 | +€1.3m | +33.8% |
| Amounts payable after more than one year | 17 | €40,045 | €134,694 | +€94,649 | +236.4% |
| Financial debts | 170/4 | €40,045 | €134,694 | +€94,649 | +236.4% |
| Amounts payable within one year | 42/48 | €3,756,432 | €4,951,598 | +€1.2m | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €176,618 | €83,657 | -€92,961 | -52.6% |
| Trade debts | 44 | €2,971,691 | €4,234,113 | +€1.3m | +42.5% |
| Suppliers | 440/4 | €2,971,691 | €4,234,113 | +€1.3m | +42.5% |
| Taxes, remuneration and social security | 45 | €225,825 | €270,595 | +€44,770 | +19.8% |
| Taxes | 450/3 | €0 | €28,308 | +€28,308 | |
| Remuneration and social security | 454/9 | €225,825 | €242,287 | +€16,462 | +7.3% |
| Other amounts payable | 47/48 | €382,298 | €363,233 | -€19,065 | -5.0% |
| Accrued charges and deferred income | 492/3 | €7,702 | €4,028 | -€3,674 | -47.7% |
| Non-recurring operating income | 76A | €3,609 | €27,364 | +€23,754 | +658.1% |
| Remuneration, social security and pensions | 62 | €1,217,869 | €1,342,713 | +€124,844 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,205 | €82,247 | +€5,042 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,990 | +€1,990 | |
| Other operating charges | 640/8 | €88,453 | €100,757 | +€12,304 | +13.9% |
| Non-recurring operating charges | 66A | €90,127 | €13,633 | -€76,494 | -84.9% |
| Gross operating margin | 9900 | €1,224,057 | €1,665,951 | +€441,894 | +36.1% |
| Operating profit (loss) | 9901 | -€249,597 | €124,612 | +€374,209 | |
| Financial income | 75/76B | €8,747 | €12,292 | +€3,546 | +40.5% |
| Recurring financial income | 75 | €8,747 | €12,292 | +€3,546 | +40.5% |
| Financial charges | 65/66B | €54,264 | €97,843 | +€43,579 | +80.3% |
| Recurring financial charges | 65 | €54,264 | €97,843 | +€43,579 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | -€295,115 | €39,061 | +€334,176 | |
| Income taxes | 67/77 | €65,266 | €32,812 | -€32,454 | -49.7% |
| Profit (loss) for the period | 9904 | -€360,381 | €6,249 | +€366,629 | |
| Profit (loss) for the period to be appropriated | 9905 | -€360,381 | €6,249 | +€366,629 |
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.