JUGARIU: 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.
JUGARIU
Largest movements
- Tangible fixed assets +€13,181
up €13,181, from €0 to €13,181
- Receivables within one year -€12,604
down €12,604 (-84.9%), from €14,843 to €2,239
of which Trade receivables: -€13,413
- Cash +€841
up €841 (+65.2%), from €1,289 to €2,130
mainly Receivables within one year (+€12,604) and Current portion of long-term debt (+€8,525)
- Deferred charges and accrued income -€354
down €354 (-42.9%), from €826 to €472
- Tax, wage and social debts -€10,281
down €10,281 (-92.5%), from €11,117 to €836
of which Taxes: -€5,681
- Current portion of long-term debt +€8,525
new in 2025: €8,525
- Profit (loss) carried forward -€4,144
down €4,144, from €477 to -€3,667
- Trade debts +€3,939
up €3,939 (+300%), from €1,313 to €5,252
- Debts after one year +€3,646
new in 2025: €3,646
- Gross operating margin +€3,259
up €3,259 (+1,424%), from €229 to €3,488
- Depreciation +€1,221
up €1,221 (+47.0%), from €2,598 to €3,819
- Financial charges +€539
up €539 (+36.4%), from €1,481 to €2,020
- Other operating charges +€281
up €281 (+24.4%), from €1,151 to €1,432
- Taxes -€176
down €176 (-32.8%), from €537 to €361
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 | €16,959 | €18,022 | +€1,064 | +6.3% |
| Fixed assets | 21/28 | €0 | €13,181 | +€13,181 | |
| Tangible fixed assets | 22/27 | €0 | €13,181 | +€13,181 | |
| Furniture and vehicles | 24 | €0 | €13,181 | +€13,181 | |
| Current assets | 29/58 | €16,959 | €4,842 | -€12,117 | -71.5% |
| Amounts receivable within one year | 40/41 | €14,843 | €2,239 | -€12,604 | -84.9% |
| Trade receivables | 40 | €13,950 | €537 | -€13,413 | -96.2% |
| Other amounts receivable | 41 | €893 | €1,703 | +€809 | +90.6% |
| Cash at bank and in hand | 54/58 | €1,289 | €2,130 | +€841 | +65.2% |
| Deferred charges and accrued income | 490/1 | €826 | €472 | -€354 | -42.9% |
| Total equity and liabilities | 10/49 | €16,959 | €18,022 | +€1,064 | +6.3% |
| Equity | 10/15 | €3,477 | -€667 | -€4,144 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477 | -€3,667 | -€4,144 | |
| Amounts payable | 17/49 | €13,481 | €18,689 | +€5,208 | +38.6% |
| Amounts payable after more than one year | 17 | - | €3,646 | +€3,646 | |
| Financial debts | 170/4 | - | €3,646 | +€3,646 | |
| Amounts payable within one year | 42/48 | €13,481 | €15,043 | +€1,562 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,525 | +€8,525 | |
| Trade debts | 44 | €1,313 | €5,252 | +€3,939 | +300% |
| Suppliers | 440/4 | €1,313 | €5,252 | +€3,939 | +300% |
| Taxes, remuneration and social security | 45 | €11,117 | €836 | -€10,281 | -92.5% |
| Taxes | 450/3 | €6,517 | €836 | -€5,681 | -87.2% |
| Remuneration and social security | 454/9 | €4,600 | €0 | -€4,600 | -100% |
| Other amounts payable | 47/48 | €1,052 | €430 | -€622 | -59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,598 | €3,819 | +€1,221 | +47.0% |
| Other operating charges | 640/8 | €1,151 | €1,432 | +€281 | +24.4% |
| Gross operating margin | 9900 | €229 | €3,488 | +€3,259 | +1,424% |
| Operating profit (loss) | 9901 | -€3,520 | -€1,763 | +€1,758 | +49.9% |
| Financial charges | 65/66B | €1,481 | €2,020 | +€539 | +36.4% |
| Recurring financial charges | 65 | €1,481 | €2,020 | +€539 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,001 | -€3,783 | +€1,218 | +24.4% |
| Income taxes | 67/77 | €537 | €361 | -€176 | -32.8% |
| Profit (loss) for the period | 9904 | -€5,539 | -€4,144 | +€1,395 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,539 | -€4,144 | +€1,395 | +25.2% |
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 18 October 2026 via checked.be.