JUBIS-AVS: what changed
JUBIS-AVS
Largest movements
- Cash +€47,901
up €47,901 (+302%), from €15,878 to €63,780
mainly Net result for the year (+€23,664) and Investment in fixed assets (net) (+€15,910)
- Tangible fixed assets -€24,462
down €24,462 (-68.3%), from €35,828 to €11,366
of which Plant, machinery and equipment: -€25,765
- Receivables within one year -€1,030
down €1,030 (-9.6%), from €10,736 to €9,706
- Profit (loss) carried forward +€23,664
up €23,664, from -€913 to €22,751
- Other debts -€7,977
down €7,977 (-15.1%), from €52,683 to €44,706
- Tax, wage and social debts +€7,172
up €7,172 (+86.5%), from €8,293 to €15,465
of which Taxes: +€7,172
- Gross operating margin +€24,030
up €24,030 (+103%), from €23,395 to €47,425
- Depreciation -€8,117
down €8,117 (-48.1%), from €16,870 to €8,752
- Taxes +€7,864
up €7,864 (+609%), from €1,291 to €9,155
- Other operating charges -€1,017
down €1,017 (-33.6%), from €3,029 to €2,013
- Staff costs +€955
new in 2025: €955
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 | €63,859 | €86,056 | +€22,197 | +34.8% |
| Fixed assets | 21/28 | €36,630 | €11,968 | -€24,662 | -67.3% |
| Intangible fixed assets | 21 | €802 | €602 | -€200 | -24.9% |
| Tangible fixed assets | 22/27 | €35,828 | €11,366 | -€24,462 | -68.3% |
| Plant, machinery and equipment | 23 | €33,516 | €7,750 | -€25,765 | -76.9% |
| Furniture and vehicles | 24 | €2,313 | €3,616 | +€1,303 | +56.3% |
| Current assets | 29/58 | €27,228 | €74,087 | +€46,859 | +172% |
| Amounts receivable within one year | 40/41 | €10,736 | €9,706 | -€1,030 | -9.6% |
| Trade receivables | 40 | €10,736 | €9,706 | -€1,030 | -9.6% |
| Cash at bank and in hand | 54/58 | €15,878 | €63,780 | +€47,901 | +302% |
| Deferred charges and accrued income | 490/1 | €614 | €602 | -€12 | -2.0% |
| Total equity and liabilities | 10/49 | €63,859 | €86,056 | +€22,197 | +34.8% |
| Equity | 10/15 | €1,087 | €24,751 | +€23,664 | +2,177% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€913 | €22,751 | +€23,664 | |
| Amounts payable | 17/49 | €62,772 | €61,304 | -€1,467 | -2.3% |
| Amounts payable within one year | 42/48 | €62,772 | €61,304 | -€1,467 | -2.3% |
| Trade debts | 44 | €1,795 | €1,133 | -€662 | -36.9% |
| Suppliers | 440/4 | €1,795 | €1,133 | -€662 | -36.9% |
| Taxes, remuneration and social security | 45 | €8,293 | €15,465 | +€7,172 | +86.5% |
| Taxes | 450/3 | €6,793 | €13,965 | +€7,172 | +106% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €52,683 | €44,706 | -€7,977 | -15.1% |
| Remuneration, social security and pensions | 62 | - | €955 | +€955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,870 | €8,752 | -€8,117 | -48.1% |
| Other operating charges | 640/8 | €3,029 | €2,013 | -€1,017 | -33.6% |
| Gross operating margin | 9900 | €23,395 | €47,425 | +€24,030 | +103% |
| Operating profit (loss) | 9901 | €3,496 | €35,705 | +€32,209 | +921% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,117 | €2,885 | -€232 | -7.5% |
| Recurring financial charges | 65 | €3,117 | €2,885 | -€232 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €378 | €32,820 | +€32,441 | +8,577% |
| Income taxes | 67/77 | €1,291 | €9,155 | +€7,864 | +609% |
| Profit (loss) for the period | 9904 | -€913 | €23,664 | +€24,577 | |
| Profit (loss) for the period to be appropriated | 9905 | -€913 | €23,664 | +€24,577 |
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 1 November 2026 via checked.be.