JUCALIS: what changed
Two fiscal 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.
JUCALIS
Largest movements
- Financial fixed assets -€1.7m
down €1.7m (-60.0%), from €2.8m to €1.1m
- Reserves -€785,083
down €785,083 (-81.2%), from €966,581 to €181,499
- Profit (loss) carried forward -€543,351
new in 2025: -€543,351
- Debts after one year -€350,000
down €350,000 (-58.7%), from €596,000 to €246,000
of which Other amounts payable: -€350,000
- Accrued charges and deferred income -€129,872
down €129,872 (-100.0%), from €129,872 to €0
- Other debts +€102,349
up €102,349 (+163.5%), from €62,610 to €164,959
- Financial charges +€1.7m
up €1.7m (+13913.3%), from €11,907 to €1.7m
of which Non-recurring financial charges: +€1.7m
- Financial income +€365,015
up €365,015 (+192112926.3%), from €0 to €365,015
- Gross operating margin -€80,814
down €80,814, from €57,629 to -€23,185
- Taxes -€12,834
down €12,834 (-100.0%), from €12,834 to €0
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 | €2,795,027 | €1,138,068 | -€1.7m | -59.3% |
| Fixed assets | 21/28 | €2,765,041 | €1,110,715 | -€1.7m | -59.8% |
| Tangible fixed assets | 22/27 | €41 | €5,109 | +€5,068 | +12418.0% |
| Furniture and vehicles | 24 | €41 | €5,109 | +€5,068 | +12418.0% |
| Financial fixed assets | 28 | €2,765,000 | €1,105,607 | -€1.7m | -60.0% |
| Current assets | 29/58 | €29,986 | €27,353 | -€2,634 | -8.8% |
| Amounts receivable within one year | 40/41 | €7,453 | €9,793 | +€2,340 | +31.4% |
| Trade receivables | 40 | €7,428 | €0 | -€7,428 | -100.0% |
| Other amounts receivable | 41 | €25 | €9,793 | +€9,768 | +38760.3% |
| Cash at bank and in hand | 54/58 | €22,533 | €17,560 | -€4,973 | -22.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,795,027 | €1,138,068 | -€1.7m | -59.3% |
| Equity | 10/15 | €1,978,981 | €650,548 | -€1.3m | -67.1% |
| Contributions | 10/11 | €1,012,400 | €1,012,400 | = | 0.0% |
| Reserves | 13 | €966,581 | €181,499 | -€785,083 | -81.2% |
| Distributable reserves | 133 | €966,581 | €181,499 | -€785,083 | -81.2% |
| Profit (loss) carried forward | 14 | - | -€543,351 | -€543,351 | |
| Amounts payable | 17/49 | €816,046 | €487,520 | -€328,526 | -40.3% |
| Amounts payable after more than one year | 17 | €596,000 | €246,000 | -€350,000 | -58.7% |
| Financial debts | 170/4 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 178/9 | €590,000 | €240,000 | -€350,000 | -59.3% |
| Amounts payable within one year | 42/48 | €90,174 | €241,520 | +€151,346 | +167.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €117 | €3,712 | +€3,594 | +3071.1% |
| Suppliers | 440/4 | €117 | €3,712 | +€3,594 | +3071.1% |
| Advances received on contracts in progress | 46 | €0 | €18,150 | +€18,150 | |
| Taxes, remuneration and social security | 45 | €27,448 | €54,700 | +€27,252 | +99.3% |
| Taxes | 450/3 | €24,152 | €54,700 | +€30,548 | +126.5% |
| Remuneration and social security | 454/9 | €3,296 | €0 | -€3,296 | -100.0% |
| Other amounts payable | 47/48 | €62,610 | €164,959 | +€102,349 | +163.5% |
| Accrued charges and deferred income | 492/3 | €129,872 | €0 | -€129,872 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €563 | +€298 | +112.3% |
| Other operating charges | 640/8 | €1,124 | €1,086 | -€38 | -3.4% |
| Gross operating margin | 9900 | €57,629 | -€23,185 | -€80,814 | |
| Operating profit (loss) | 9901 | €56,240 | -€24,835 | -€81,074 | |
| Financial income | 75/76B | €0 | €365,015 | +€365,015 | +192112926.3% |
| Recurring financial income | 75 | €0 | €365,015 | +€365,015 | +192112926.3% |
| Financial charges | 65/66B | €11,907 | €1,668,613 | +€1.7m | +13913.3% |
| Recurring financial charges | 65 | €11,907 | €9,220 | -€2,687 | -22.6% |
| Non-recurring financial charges | 66B | - | €1,659,393 | +€1.7m | |
| Profit (loss) for the period before taxes | 9903 | €44,332 | -€1,328,433 | -€1.4m | |
| Income taxes | 67/77 | €12,834 | €0 | -€12,834 | -100.0% |
| Profit (loss) for the period | 9904 | €31,499 | -€1,328,433 | -€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €31,499 | -€1,328,433 | -€1.4m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.