Jucel Packaging: 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.
Jucel Packaging
Largest movements
- Intangible fixed assets -€8,093
down €8,093 (-42.7%), from €18,934 to €10,841
- Receivables within one year +€4,613
up €4,613 (+6.9%), from €67,175 to €71,788
of which Trade receivables: +€12,448
- Tangible fixed assets -€994
down €994 (-47.0%), from €2,115 to €1,121
- Trade debts -€12,227
down €12,227 (-56.6%), from €21,610 to €9,383
- Reserves +€9,116
up €9,116 (+19.0%), from €48,071 to €57,186
- Debts after one year -€5,220
down €5,220 (-79.4%), from €6,573 to €1,353
- Tax, wage and social debts +€2,751
up €2,751 (+140.8%), from €1,954 to €4,705
- Gross operating margin +€10,648
up €10,648 (+74.4%), from €14,315 to €24,963
- Depreciation +€4,259
up €4,259 (+88.2%), from €4,828 to €9,088
- Taxes +€2,287
up €2,287 (+141.2%), from €1,620 to €3,906
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 | €90,767 | €85,869 | -€4,898 | -5.4% |
| Fixed assets | 21/28 | €21,049 | €11,962 | -€9,088 | -43.2% |
| Intangible fixed assets | 21 | €18,934 | €10,841 | -€8,093 | -42.7% |
| Tangible fixed assets | 22/27 | €2,115 | €1,121 | -€994 | -47.0% |
| Furniture and vehicles | 24 | €2,115 | €1,121 | -€994 | -47.0% |
| Current assets | 29/58 | €69,718 | €73,908 | +€4,190 | +6.0% |
| Amounts receivable within one year | 40/41 | €67,175 | €71,788 | +€4,613 | +6.9% |
| Trade receivables | 40 | €59,340 | €71,788 | +€12,448 | +21.0% |
| Other amounts receivable | 41 | €7,835 | - | -€7,835 | |
| Cash at bank and in hand | 54/58 | €939 | €548 | -€391 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,604 | €1,572 | -€32 | -2.0% |
| Total equity and liabilities | 10/49 | €90,767 | €85,869 | -€4,898 | -5.4% |
| Equity | 10/15 | €53,071 | €62,186 | +€9,116 | +17.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,071 | €57,186 | +€9,116 | +19.0% |
| Distributable reserves | 133 | €48,071 | €57,186 | +€9,116 | +19.0% |
| Amounts payable | 17/49 | €37,697 | €23,683 | -€14,014 | -37.2% |
| Amounts payable after more than one year | 17 | €6,573 | €1,353 | -€5,220 | -79.4% |
| Financial debts | 170/4 | €6,573 | €1,353 | -€5,220 | -79.4% |
| Amounts payable within one year | 42/48 | €29,489 | €21,181 | -€8,309 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €4,923 | €5,220 | +€297 | +6.0% |
| Trade debts | 44 | €21,610 | €9,383 | -€12,227 | -56.6% |
| Suppliers | 440/4 | €21,610 | €9,383 | -€12,227 | -56.6% |
| Taxes, remuneration and social security | 45 | €1,954 | €4,705 | +€2,751 | +140.8% |
| Taxes | 450/3 | €1,954 | €4,705 | +€2,751 | +140.8% |
| Other amounts payable | 47/48 | €1,003 | €1,873 | +€870 | +86.8% |
| Accrued charges and deferred income | 492/3 | €1,634 | €1,149 | -€485 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,828 | €9,088 | +€4,259 | +88.2% |
| Other operating charges | 640/8 | €413 | €524 | +€110 | +26.7% |
| Gross operating margin | 9900 | €14,315 | €24,963 | +€10,648 | +74.4% |
| Operating profit (loss) | 9901 | €9,074 | €15,352 | +€6,278 | +69.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,402 | €2,330 | -€72 | -3.0% |
| Recurring financial charges | 65 | €2,402 | €2,330 | -€72 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €6,672 | €13,022 | +€6,351 | +95.2% |
| Income taxes | 67/77 | €1,620 | €3,906 | +€2,287 | +141.2% |
| Profit (loss) for the period | 9904 | €5,052 | €9,116 | +€4,064 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,052 | €9,116 | +€4,064 | +80.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.