JUCLA: 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.
JUCLA
Largest movements
- Cash -€78,424
down €78,424 (-37.1%), from €211,125 to €132,701
mainly Investment in fixed assets (net) (-€98,270) and Contributions, distributions and other (-€43,481)
- Tangible fixed assets +€28,997
up €28,997 (+3.1%), from €934,704 to €963,701
of which Land and buildings: +€32,068
- Reserves -€24,626
down €24,626 (-3.8%), from €642,155 to €617,529
of which Distributable reserves: -€24,626
- Other debts -€20,518
down €20,518 (-100.0%), from €20,518 to €0
- Debts after one year +€17,343
up €17,343 (+4.7%), from €365,593 to €382,936
- Trade debts -€13,814
down €13,814 (-99.7%), from €13,853 to €39
- Gross operating margin +€27,132
up €27,132 (+24.4%), from €111,064 to €138,196
- Depreciation +€9,464
up €9,464 (+15.8%), from €59,808 to €69,272
- Other operating charges +€5,899
up €5,899 (+19.5%), from €30,194 to €36,092
- Financial charges +€1,816
up €1,816 (+18.3%), from €9,919 to €11,735
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 | €1,148,152 | €1,107,111 | -€41,041 | -3.6% |
| Fixed assets | 21/28 | €934,704 | €963,701 | +€28,997 | +3.1% |
| Tangible fixed assets | 22/27 | €934,704 | €963,701 | +€28,997 | +3.1% |
| Land and buildings | 22 | €928,734 | €960,802 | +€32,068 | +3.5% |
| Plant, machinery and equipment | 23 | €4,277 | €2,899 | -€1,378 | -32.2% |
| Furniture and vehicles | 24 | €1,694 | €0 | -€1,694 | -100.0% |
| Current assets | 29/58 | €213,448 | €143,410 | -€70,038 | -32.8% |
| Amounts receivable within one year | 40/41 | €82 | €9,136 | +€9,054 | +10991.3% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €82 | €7,136 | +€7,054 | +8563.3% |
| Cash at bank and in hand | 54/58 | €211,125 | €132,701 | -€78,424 | -37.1% |
| Deferred charges and accrued income | 490/1 | €2,240 | €1,573 | -€667 | -29.8% |
| Total equity and liabilities | 10/49 | €1,148,152 | €1,107,111 | -€41,041 | -3.6% |
| Equity | 10/15 | €704,155 | €679,529 | -€24,626 | -3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €642,155 | €617,529 | -€24,626 | -3.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €635,955 | €611,329 | -€24,626 | -3.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €443,997 | €427,582 | -€16,414 | -3.7% |
| Amounts payable after more than one year | 17 | €365,593 | €382,936 | +€17,343 | +4.7% |
| Financial debts | 170/4 | €365,593 | €382,936 | +€17,343 | +4.7% |
| Amounts payable within one year | 42/48 | €78,404 | €44,646 | -€33,758 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €43,072 | €40,199 | -€2,874 | -6.7% |
| Trade debts | 44 | €13,853 | €39 | -€13,814 | -99.7% |
| Suppliers | 440/4 | €13,853 | €39 | -€13,814 | -99.7% |
| Taxes, remuneration and social security | 45 | €961 | €4,408 | +€3,447 | +358.6% |
| Taxes | 450/3 | €961 | €4,408 | +€3,447 | +358.6% |
| Other amounts payable | 47/48 | €20,518 | €0 | -€20,518 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,808 | €69,272 | +€9,464 | +15.8% |
| Other operating charges | 640/8 | €30,194 | €36,092 | +€5,899 | +19.5% |
| Gross operating margin | 9900 | €111,064 | €138,196 | +€27,132 | +24.4% |
| Operating profit (loss) | 9901 | €21,062 | €32,831 | +€11,770 | +55.9% |
| Financial income | 75/76B | - | €191 | +€191 | |
| Recurring financial income | 75 | - | €191 | +€191 | |
| Financial charges | 65/66B | €9,919 | €11,735 | +€1,816 | +18.3% |
| Recurring financial charges | 65 | €9,919 | €11,735 | +€1,816 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €11,142 | €21,287 | +€10,144 | +91.0% |
| Income taxes | 67/77 | €1,529 | €2,432 | +€903 | +59.0% |
| Profit (loss) for the period | 9904 | €9,613 | €18,855 | +€9,242 | +96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,613 | €18,855 | +€9,242 | +96.1% |
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 9 October 2026 via checked.be.