JUCUNDITAS: 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.
JUCUNDITAS
Largest movements
- Tangible fixed assets -€147,210
down €147,210 (-21.9%), from €673,520 to €526,311
of which Land and buildings: -€139,150
- Profit (loss) carried forward -€88,716
down €88,716 (-138%), from -€64,406 to -€153,123
- Debts after one year -€30,078
down €30,078 (-8.5%), from €353,857 to €323,779
- Other debts -€24,527
down €24,527 (-16.0%), from €153,369 to €128,842
- Reserves -€9,027
down €9,027 (-34.0%), from €26,527 to €17,500
of which Distributable reserves: -€9,027
- Financial charges +€112,796
up €112,796 (+2,060%), from €5,477 to €118,272
of which Non-recurring financial charges: +€113,130
- Turnover -€78,671
no longer reported in 2025 (was €78,671)
- Purchases and services -€35,151
no longer reported in 2025 (was €35,151)
- Other operating charges -€3,822
down €3,822 (-53.4%), from €7,155 to €3,333
- Gross operating margin +€1,674
up €1,674 (+2.6%), from €64,670 to €66,344
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.
Derived cash bridge
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 | €678,146 | €528,105 | -€150,041 | -22.1% |
| Fixed assets | 21/28 | €674,167 | €526,311 | -€147,857 | -21.9% |
| Tangible fixed assets | 22/27 | €673,520 | €526,311 | -€147,210 | -21.9% |
| Land and buildings | 22 | €653,939 | €514,789 | -€139,150 | -21.3% |
| Plant, machinery and equipment | 23 | €1,118 | €914 | -€204 | -18.3% |
| Furniture and vehicles | 24 | €18,463 | €8,749 | -€9,715 | -52.6% |
| Other tangible fixed assets | 26 | - | €1,860 | +€1,860 | |
| Financial fixed assets | 28 | €647 | - | -€647 | |
| Current assets | 29/58 | €3,979 | €1,794 | -€2,185 | -54.9% |
| Cash at bank and in hand | 54/58 | €3,979 | €1,794 | -€2,185 | -54.9% |
| Total equity and liabilities | 10/49 | €678,146 | €528,105 | -€150,041 | -22.1% |
| Equity | 10/15 | €137,121 | €39,378 | -€97,743 | -71.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €26,527 | €17,500 | -€9,027 | -34.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €9,027 | - | -€9,027 | |
| Profit (loss) carried forward | 14 | -€64,406 | -€153,123 | -€88,716 | -138% |
| Amounts payable | 17/49 | €541,025 | €488,727 | -€52,298 | -9.7% |
| Amounts payable after more than one year | 17 | €353,857 | €323,779 | -€30,078 | -8.5% |
| Financial debts | 170/4 | €353,857 | €323,779 | -€30,078 | -8.5% |
| Amounts payable within one year | 42/48 | €187,168 | €164,948 | -€22,220 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €29,680 | €30,078 | +€398 | +1.3% |
| Trade debts | 44 | €893 | €3,027 | +€2,133 | +239% |
| Suppliers | 440/4 | €893 | €3,027 | +€2,133 | +239% |
| Taxes, remuneration and social security | 45 | €3,225 | €3,002 | -€223 | -6.9% |
| Taxes | 450/3 | €3,225 | €3,002 | -€223 | -6.9% |
| Other amounts payable | 47/48 | €153,369 | €128,842 | -€24,527 | -16.0% |
| Turnover | 70 | €78,671 | - | -€78,671 | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,151 | - | -€35,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,127 | €42,664 | +€1,537 | +3.7% |
| Other operating charges | 640/8 | €7,155 | €3,333 | -€3,822 | -53.4% |
| Gross operating margin | 9900 | €64,670 | €66,344 | +€1,674 | +2.6% |
| Operating profit (loss) | 9901 | €16,387 | €20,347 | +€3,959 | +24.2% |
| Financial income | 75/76B | €15 | €182 | +€167 | +1,134% |
| Recurring financial income | 75 | €15 | €182 | +€167 | +1,134% |
| Financial charges | 65/66B | €5,477 | €118,272 | +€112,796 | +2,060% |
| Recurring financial charges | 65 | €5,477 | €5,142 | -€335 | -6.1% |
| Non-recurring financial charges | 66B | - | €113,130 | +€113,130 | |
| Profit (loss) for the period before taxes | 9903 | €10,926 | -€97,743 | -€108,669 | |
| Profit (loss) for the period | 9904 | €10,926 | -€97,743 | -€108,669 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,926 | -€97,743 | -€108,669 |
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 24 October 2026 via checked.be.