JUGA: 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.
JUGA
Largest movements
- Cash -€7,130
down €7,130 (-70.7%), from €10,081 to €2,951
mainly Tax, wage and social debts (-€3,604) and Other debts (-€3,591)
- Tangible fixed assets +€2,435
up €2,435 (+96.2%), from €2,532 to €4,967
of which Furniture and vehicles: +€2,797
- Deferred charges and accrued income -€2,189
down €2,189 (-41.7%), from €5,252 to €3,063
- Receivables within one year +€1,430
up €1,430, from €0 to €1,430
of which Other amounts receivable: +€1,430
- Tax, wage and social debts -€3,604
down €3,604 (-44.1%), from €8,169 to €4,565
- Other debts -€3,591
down €3,591 (-5.5%), from €65,006 to €61,415
- Reserves +€1,707
up €1,707 (+4.4%), from €38,388 to €40,095
- Gross operating margin -€17,563
down €17,563 (-81.8%), from €21,470 to €3,908
- Taxes -€3,712
down €3,712 (-89.7%), from €4,138 to €427
- Depreciation +€567
up €567 (+107.9%), from €526 to €1,093
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 | €116,665 | €111,212 | -€5,453 | -4.7% |
| Fixed assets | 21/28 | €101,332 | €103,767 | +€2,435 | +2.4% |
| Tangible fixed assets | 22/27 | €2,532 | €4,967 | +€2,435 | +96.2% |
| Plant, machinery and equipment | 23 | €1,705 | €1,343 | -€362 | -21.2% |
| Furniture and vehicles | 24 | €827 | €3,624 | +€2,797 | +338.2% |
| Financial fixed assets | 28 | €98,800 | €98,800 | = | 0.0% |
| Current assets | 29/58 | €15,333 | €7,444 | -€7,888 | -51.4% |
| Amounts receivable within one year | 40/41 | €0 | €1,430 | +€1,430 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €1,430 | +€1,430 | |
| Cash at bank and in hand | 54/58 | €10,081 | €2,951 | -€7,130 | -70.7% |
| Deferred charges and accrued income | 490/1 | €5,252 | €3,063 | -€2,189 | -41.7% |
| Total equity and liabilities | 10/49 | €116,665 | €111,212 | -€5,453 | -4.7% |
| Equity | 10/15 | €43,388 | €45,095 | +€1,707 | +3.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,388 | €40,095 | +€1,707 | +4.4% |
| Distributable reserves | 133 | €38,388 | €40,095 | +€1,707 | +4.4% |
| Amounts payable | 17/49 | €73,277 | €66,117 | -€7,160 | -9.8% |
| Amounts payable within one year | 42/48 | €73,265 | €66,117 | -€7,148 | -9.8% |
| Trade debts | 44 | €90 | €137 | +€47 | +52.5% |
| Suppliers | 440/4 | €90 | €137 | +€47 | +52.5% |
| Taxes, remuneration and social security | 45 | €8,169 | €4,565 | -€3,604 | -44.1% |
| Taxes | 450/3 | €8,169 | €4,565 | -€3,604 | -44.1% |
| Other amounts payable | 47/48 | €65,006 | €61,415 | -€3,591 | -5.5% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €526 | €1,093 | +€567 | +107.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €21,470 | €3,908 | -€17,563 | -81.8% |
| Operating profit (loss) | 9901 | €20,439 | €2,295 | -€18,144 | -88.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €75 | €162 | +€86 | +114.5% |
| Recurring financial charges | 65 | €75 | €162 | +€86 | +114.5% |
| Profit (loss) for the period before taxes | 9903 | €20,364 | €2,133 | -€18,231 | -89.5% |
| Income taxes | 67/77 | €4,138 | €427 | -€3,712 | -89.7% |
| Profit (loss) for the period | 9904 | €16,225 | €1,707 | -€14,519 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,225 | €1,707 | -€14,519 | -89.5% |
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 29 September 2026 via checked.be.