JUFLO: 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.
JUFLO
Largest movements
- Tangible fixed assets -€273,668
down €273,668 (-93.2%), from €293,668 to €20,000
of which Land and buildings: -€271,272
- Cash +€31,752
up €31,752 (+131.4%), from €24,158 to €55,910
- Receivables within one year +€28,719
up €28,719 (+55.2%), from €51,985 to €80,705
of which Other amounts receivable: +€59,602
- Stocks and contracts -€17,309
down €17,309 (-100.0%), from €17,309 to €0
- Debts after one year -€224,488
down €224,488 (-100.0%), from €224,488 to €0
- Profit (loss) carried forward +€198,098
up €198,098, from -€198,098 to €0
- Trade debts -€124,098
down €124,098 (-99.5%), from €124,669 to €571
- Other debts -€41,262
down €41,262 (-100.0%), from €41,262 to €0
- Short-term financial debts -€40,623
down €40,623 (-100.0%), from €40,623 to €0
- Gross operating margin +€400,762
up €400,762, from -€93,191 to €307,571
- Taxes +€39,827
up €39,827 (+12256.2%), from €325 to €40,152
- Depreciation -€16,648
down €16,648 (-100.0%), from €16,648 to €0
- Financial charges +€8,710
up €8,710 (+56.5%), from €15,426 to €24,136
- Other operating charges +€6,034
up €6,034 (+203.0%), from €2,973 to €9,008
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,211 | €159,348 | -€230,863 | -59.2% |
| Fixed assets | 21/28 | €293,668 | €20,000 | -€273,668 | -93.2% |
| Tangible fixed assets | 22/27 | €293,668 | €20,000 | -€273,668 | -93.2% |
| Land and buildings | 22 | €291,272 | €20,000 | -€271,272 | -93.1% |
| Plant, machinery and equipment | 23 | €1,220 | €0 | -€1,220 | -100.0% |
| Other tangible fixed assets | 26 | €1,175 | €0 | -€1,175 | -100.0% |
| Current assets | 29/58 | €96,543 | €139,348 | +€42,805 | +44.3% |
| Stocks and contracts in progress | 3 | €17,309 | €0 | -€17,309 | -100.0% |
| Stocks | 30/36 | €17,309 | €0 | -€17,309 | -100.0% |
| Amounts receivable within one year | 40/41 | €51,985 | €80,705 | +€28,719 | +55.2% |
| Trade receivables | 40 | €31,003 | €121 | -€30,882 | -99.6% |
| Other amounts receivable | 41 | €20,982 | €80,584 | +€59,602 | +284.1% |
| Cash at bank and in hand | 54/58 | €24,158 | €55,910 | +€31,752 | +131.4% |
| Deferred charges and accrued income | 490/1 | €3,091 | €2,734 | -€357 | -11.6% |
| Total equity and liabilities | 10/49 | €390,211 | €159,348 | -€230,863 | -59.2% |
| Equity | 10/15 | -€98,098 | €138,890 | +€236,988 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €38,890 | +€38,890 | |
| Distributable reserves | 133 | - | €38,890 | +€38,890 | |
| Profit (loss) carried forward | 14 | -€198,098 | €0 | +€198,098 | |
| Amounts payable | 17/49 | €488,309 | €20,458 | -€467,851 | -95.8% |
| Amounts payable after more than one year | 17 | €224,488 | €0 | -€224,488 | -100.0% |
| Financial debts | 170/4 | €224,488 | €0 | -€224,488 | -100.0% |
| Amounts payable within one year | 42/48 | €263,822 | €20,458 | -€243,364 | -92.2% |
| Current portion of amounts payable after more than one year | 42 | €35,787 | €8,825 | -€26,963 | -75.3% |
| Financial debts | 43 | €40,623 | €0 | -€40,623 | -100.0% |
| Credit institutions | 430/8 | €40,623 | €0 | -€40,623 | -100.0% |
| Trade debts | 44 | €124,669 | €571 | -€124,098 | -99.5% |
| Suppliers | 440/4 | €124,669 | €571 | -€124,098 | -99.5% |
| Taxes, remuneration and social security | 45 | €21,481 | €11,063 | -€10,418 | -48.5% |
| Taxes | 450/3 | €21,481 | €11,063 | -€10,418 | -48.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €41,262 | €0 | -€41,262 | -100.0% |
| Non-recurring operating income | 76A | - | €377,728 | +€377,728 | |
| Remuneration, social security and pensions | 62 | €5,222 | €0 | -€5,222 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,648 | €0 | -€16,648 | -100.0% |
| Other operating charges | 640/8 | €2,973 | €9,008 | +€6,034 | +203.0% |
| Non-recurring operating charges | 66A | - | €2,396 | +€2,396 | |
| Gross operating margin | 9900 | -€93,191 | €307,571 | +€400,762 | |
| Operating profit (loss) | 9901 | -€118,034 | €296,167 | +€414,201 | |
| Financial income | 75/76B | €1,654 | €5,108 | +€3,455 | +208.9% |
| Recurring financial income | 75 | €1,654 | €5,108 | +€3,455 | +208.9% |
| Financial charges | 65/66B | €15,426 | €24,136 | +€8,710 | +56.5% |
| Recurring financial charges | 65 | €15,426 | €24,136 | +€8,710 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€131,806 | €277,140 | +€408,946 | |
| Income taxes | 67/77 | €325 | €40,152 | +€39,827 | +12256.2% |
| Profit (loss) for the period | 9904 | -€132,131 | €236,988 | +€369,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,131 | €236,988 | +€369,120 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.