JUGASIX: 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.
JUGASIX
Largest movements
- Receivables within one year -€27,098
down €27,098 (-44.3%), from €61,219 to €34,120
of which Trade receivables: -€27,000
- Cash -€24,890
down €24,890 (-79.3%), from €31,390 to €6,500
mainly Net result for the year (-€46,184) and Trade debts (-€10,642)
- Profit (loss) carried forward -€46,184
down €46,184 (-190%), from -€24,326 to -€70,509
- Trade debts -€10,642
down €10,642 (-38.0%), from €28,036 to €17,394
- Gross operating margin -€19,980
down €19,980 (-80.4%), from -€24,837 to -€44,817
- Financial income -€1,103
no longer reported in 2025 (was €1,103)
- Depreciation +€789
up €789 (+300%), from €263 to €1,051
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 | €427,943 | €373,623 | -€54,320 | -12.7% |
| Fixed assets | 21/28 | €6,653 | €5,602 | -€1,051 | -15.8% |
| Tangible fixed assets | 22/27 | €2,653 | €1,602 | -€1,051 | -39.6% |
| Furniture and vehicles | 24 | €2,653 | €1,602 | -€1,051 | -39.6% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €421,290 | €368,021 | -€53,269 | -12.6% |
| Stocks and contracts in progress | 3 | €328,681 | €327,401 | -€1,280 | -0.4% |
| Stocks | 30/36 | €328,681 | €327,401 | -€1,280 | -0.4% |
| Amounts receivable within one year | 40/41 | €61,219 | €34,120 | -€27,098 | -44.3% |
| Trade receivables | 40 | €27,000 | - | -€27,000 | |
| Other amounts receivable | 41 | €34,219 | €34,120 | -€98 | -0.3% |
| Cash at bank and in hand | 54/58 | €31,390 | €6,500 | -€24,890 | -79.3% |
| Total equity and liabilities | 10/49 | €427,943 | €373,623 | -€54,320 | -12.7% |
| Equity | 10/15 | €387,129 | €340,945 | -€46,184 | -11.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €391,454 | €391,454 | = | 0.0% |
| Distributable reserves | 133 | €391,454 | €391,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,326 | -€70,509 | -€46,184 | -190% |
| Amounts payable | 17/49 | €40,814 | €32,678 | -€8,136 | -19.9% |
| Amounts payable within one year | 42/48 | €40,814 | €32,678 | -€8,136 | -19.9% |
| Trade debts | 44 | €28,036 | €17,394 | -€10,642 | -38.0% |
| Suppliers | 440/4 | €28,036 | €17,394 | -€10,642 | -38.0% |
| Advances received on contracts in progress | 46 | - | €408 | +€408 | |
| Other amounts payable | 47/48 | €12,778 | €14,876 | +€2,098 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €1,051 | +€789 | +300% |
| Gross operating margin | 9900 | -€24,837 | -€44,817 | -€19,980 | -80.4% |
| Operating profit (loss) | 9901 | -€25,100 | -€45,868 | -€20,768 | -82.7% |
| Financial income | 75/76B | €1,103 | - | -€1,103 | |
| Recurring financial income | 75 | €1,103 | - | -€1,103 | |
| Financial charges | 65/66B | €288 | €316 | +€28 | +9.6% |
| Recurring financial charges | 65 | €288 | €316 | +€28 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,285 | -€46,184 | -€21,899 | -90.2% |
| Income taxes | 67/77 | €41 | - | -€41 | |
| Profit (loss) for the period | 9904 | -€24,326 | -€46,184 | -€21,858 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,326 | -€46,184 | -€21,858 | -89.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.