JUGETRA LOGISTICS: 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.
JUGETRA LOGISTICS
Largest movements
- Receivables within one year +€67,089
up €67,089 (+35.8%), from €187,497 to €254,586
of which Trade receivables: +€67,089
- Cash +€10,331
up €10,331 (+21.9%), from €47,207 to €57,538
mainly Trade debts (+€51,767) and Other debts (+€15,245)
- Deferred charges and accrued income +€5,227
up €5,227 (+11.0%), from €47,352 to €52,579
- Tangible fixed assets -€5,011
down €5,011 (-22.5%), from €22,308 to €17,297
- Trade debts +€51,767
up €51,767 (+47.0%), from €110,246 to €162,012
- Other debts +€15,245
new in 2025: €15,245
- Tax, wage and social debts +€14,655
up €14,655 (+32.3%), from €45,348 to €60,003
of which Taxes: +€17,271
- Current portion of long-term debt -€5,341
down €5,341 (-58.9%), from €9,066 to €3,724
- Gross operating margin +€145,424
up €145,424 (+72.7%), from €199,962 to €345,386
- Staff costs -€69,782
down €69,782 (-20.7%), from €336,657 to €266,876
- Other operating charges +€67,347
up €67,347 (+1,264%), from €5,326 to €72,673
- Taxes -€24,156
down €24,156, from €12,156 to -€12,000
- Financial charges -€6,511
down €6,511 (-34.9%), from €18,636 to €12,125
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 | €410,125 | €489,142 | +€79,017 | +19.3% |
| Fixed assets | 21/28 | €128,069 | €124,439 | -€3,630 | -2.8% |
| Tangible fixed assets | 22/27 | €22,308 | €17,297 | -€5,011 | -22.5% |
| Land and buildings | 22 | €12,801 | €11,225 | -€1,576 | -12.3% |
| Plant, machinery and equipment | 23 | €7,632 | €5,172 | -€2,460 | -32.2% |
| Furniture and vehicles | 24 | €1,875 | €900 | -€975 | -52.0% |
| Financial fixed assets | 28 | €105,762 | €107,143 | +€1,381 | +1.3% |
| Current assets | 29/58 | €282,056 | €364,703 | +€82,647 | +29.3% |
| Amounts receivable within one year | 40/41 | €187,497 | €254,586 | +€67,089 | +35.8% |
| Trade receivables | 40 | €187,497 | €254,586 | +€67,089 | +35.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,207 | €57,538 | +€10,331 | +21.9% |
| Deferred charges and accrued income | 490/1 | €47,352 | €52,579 | +€5,227 | +11.0% |
| Total equity and liabilities | 10/49 | €410,125 | €489,142 | +€79,017 | +19.3% |
| Equity | 10/15 | €15,466 | €18,157 | +€2,691 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,815 | €161,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,955 | €19,955 | = | 0.0% |
| Distributable reserves | 133 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,950 | -€162,259 | +€2,691 | +1.6% |
| Amounts payable | 17/49 | €394,659 | €470,985 | +€76,326 | +19.3% |
| Amounts payable within one year | 42/48 | €394,659 | €470,985 | +€76,326 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €9,066 | €3,724 | -€5,341 | -58.9% |
| Financial debts | 43 | €230,000 | €230,000 | = | 0.0% |
| Credit institutions | 430/8 | €230,000 | €230,000 | = | 0.0% |
| Trade debts | 44 | €110,246 | €162,012 | +€51,767 | +47.0% |
| Suppliers | 440/4 | €110,246 | €162,012 | +€51,767 | +47.0% |
| Taxes, remuneration and social security | 45 | €45,348 | €60,003 | +€14,655 | +32.3% |
| Taxes | 450/3 | €10,405 | €27,676 | +€17,271 | +166% |
| Remuneration and social security | 454/9 | €34,943 | €32,327 | -€2,615 | -7.5% |
| Other amounts payable | 47/48 | - | €15,245 | +€15,245 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €336,657 | €266,876 | -€69,782 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,092 | €5,011 | -€2,081 | -29.3% |
| Other operating charges | 640/8 | €5,326 | €72,673 | +€67,347 | +1,264% |
| Gross operating margin | 9900 | €199,962 | €345,386 | +€145,424 | +72.7% |
| Operating profit (loss) | 9901 | -€149,113 | €826 | +€149,940 | |
| Financial income | 75/76B | €1,044 | €1,990 | +€945 | +90.5% |
| Recurring financial income | 75 | €1,044 | €1,990 | +€945 | +90.5% |
| Financial charges | 65/66B | €18,636 | €12,125 | -€6,511 | -34.9% |
| Recurring financial charges | 65 | €18,636 | €12,125 | -€6,511 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | -€166,705 | -€9,309 | +€157,396 | +94.4% |
| Income taxes | 67/77 | €12,156 | -€12,000 | -€24,156 | |
| Profit (loss) for the period | 9904 | -€178,861 | €2,691 | +€181,552 | |
| Profit (loss) for the period to be appropriated | 9905 | -€178,861 | €2,691 | +€181,552 |
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 25 October 2026 via checked.be.