JUCO: 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.
JUCO
Largest movements
- Tangible fixed assets -€84,328
down €84,328 (-4.0%), from €2.1m to €2.0m
- Cash +€79,393
up €79,393 (+53.8%), from €147,460 to €226,854
mainly Depreciation (+€122,498) and Net result for the year (+€18,733)
- Other debts -€31,401
down €31,401 (-2.8%), from €1.1m to €1.1m
- Depreciation -€30,914
down €30,914 (-20.2%), from €153,412 to €122,498
- Taxes +€10,429
up €10,429 (+311.6%), from €3,347 to €13,776
- Financial charges -€8,111
down €8,111 (-12.2%), from €66,333 to €58,222
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 | €2,243,592 | €2,228,657 | -€14,935 | -0.7% |
| Fixed assets | 21/28 | €2,086,132 | €2,001,803 | -€84,328 | -4.0% |
| Tangible fixed assets | 22/27 | €2,086,132 | €2,001,803 | -€84,328 | -4.0% |
| Land and buildings | 22 | €2,086,132 | €2,001,803 | -€84,328 | -4.0% |
| Current assets | 29/58 | €157,460 | €226,854 | +€69,393 | +44.1% |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €147,460 | €226,854 | +€79,393 | +53.8% |
| Total equity and liabilities | 10/49 | €2,243,592 | €2,228,657 | -€14,935 | -0.7% |
| Equity | 10/15 | €1,023,975 | €1,042,708 | +€18,733 | +1.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €723,975 | €742,708 | +€18,733 | +2.6% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €229,210 | €206,726 | -€22,484 | -9.8% |
| Distributable reserves | 133 | €464,765 | €505,982 | +€41,217 | +8.9% |
| Provisions and deferred taxes | 16 | €76,403 | €68,909 | -€7,495 | -9.8% |
| Deferred taxes | 168 | €76,403 | €68,909 | -€7,495 | -9.8% |
| Amounts payable | 17/49 | €1,143,214 | €1,117,040 | -€26,173 | -2.3% |
| Amounts payable within one year | 42/48 | €1,139,452 | €1,112,394 | -€27,059 | -2.4% |
| Trade debts | 44 | €266 | €3,858 | +€3,592 | +1351.7% |
| Suppliers | 440/4 | €266 | €3,858 | +€3,592 | +1351.7% |
| Taxes, remuneration and social security | 45 | €18,441 | €19,192 | +€750 | +4.1% |
| Taxes | 450/3 | €18,441 | €19,192 | +€750 | +4.1% |
| Other amounts payable | 47/48 | €1,120,746 | €1,089,345 | -€31,401 | -2.8% |
| Accrued charges and deferred income | 492/3 | €3,761 | €4,647 | +€885 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,412 | €122,498 | -€30,914 | -20.2% |
| Other operating charges | 640/8 | €22,334 | €22,011 | -€323 | -1.4% |
| Gross operating margin | 9900 | €228,965 | €227,745 | -€1,219 | -0.5% |
| Operating profit (loss) | 9901 | €53,219 | €83,237 | +€30,018 | +56.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.1% |
| Financial charges | 65/66B | €66,333 | €58,222 | -€8,111 | -12.2% |
| Recurring financial charges | 65 | €66,333 | €58,222 | -€8,111 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,113 | €25,015 | +€38,127 | |
| Transfer from deferred taxes | 780 | €7,495 | €7,495 | = | 0.0% |
| Income taxes | 67/77 | €3,347 | €13,776 | +€10,429 | +311.6% |
| Profit (loss) for the period | 9904 | -€8,965 | €18,733 | +€27,698 | |
| Transfer from tax-exempt reserves | 789 | €22,484 | €22,484 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,519 | €41,217 | +€27,698 | +204.9% |
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 28 September 2026 via checked.be.