JUGI: 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.
JUGI
Largest movements
- Current investments +€1.1m
up €1.1m (+27.0%), from €4.0m to €5.0m
- Cash -€57,865
down €57,865 (-16.3%), from €355,138 to €297,273
mainly Current investments (-€1.1m) and Deferred charges and accrued income (-€24,196)
- Reserves +€896,774
up €896,774 (+28.8%), from €3.1m to €4.0m
of which Distributable reserves: +€896,774
- Tax, wage and social debts +€122,450
up €122,450 (+110.0%), from €111,335 to €233,785
of which Taxes: +€115,047
- Gross operating margin +€152,666
up €152,666 (+15.0%), from €1.0m to €1.2m
- Taxes +€46,524
up €46,524 (+12.7%), from €366,311 to €412,835
- Financial income +€45,513
up €45,513 (+39.8%), from €114,236 to €159,749
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 | €4,378,832 | €5,400,881 | +€1.0m | +23.3% |
| Fixed assets | 21/28 | €26,515 | €8,143 | -€18,372 | -69.3% |
| Tangible fixed assets | 22/27 | €26,515 | €8,143 | -€18,372 | -69.3% |
| Furniture and vehicles | 24 | €26,515 | €8,143 | -€18,372 | -69.3% |
| Current assets | 29/58 | €4,352,317 | €5,392,739 | +€1.0m | +23.9% |
| Amounts receivable within one year | 40/41 | €0 | €107 | +€107 | |
| Trade receivables | 40 | - | €107 | +€107 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €3,973,947 | €5,047,930 | +€1.1m | +27.0% |
| Cash at bank and in hand | 54/58 | €355,138 | €297,273 | -€57,865 | -16.3% |
| Deferred charges and accrued income | 490/1 | €23,232 | €47,428 | +€24,196 | +104.1% |
| Total equity and liabilities | 10/49 | €4,378,832 | €5,400,881 | +€1.0m | +23.3% |
| Equity | 10/15 | €4,256,003 | €5,152,777 | +€896,774 | +21.1% |
| Contributions | 10/11 | €1,139,100 | €1,139,100 | = | 0.0% |
| Reserves | 13 | €3,116,903 | €4,013,677 | +€896,774 | +28.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €3,116,903 | €4,013,677 | +€896,774 | +28.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €122,829 | €248,104 | +€125,276 | +102.0% |
| Amounts payable within one year | 42/48 | €119,268 | €247,637 | +€128,369 | +107.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,406 | €3,052 | +€645 | +26.8% |
| Suppliers | 440/4 | €2,406 | €3,052 | +€645 | +26.8% |
| Taxes, remuneration and social security | 45 | €111,335 | €233,785 | +€122,450 | +110.0% |
| Taxes | 450/3 | €111,335 | €226,382 | +€115,047 | +103.3% |
| Remuneration and social security | 454/9 | - | €7,402 | +€7,402 | |
| Other amounts payable | 47/48 | €5,527 | €10,800 | +€5,274 | +95.4% |
| Accrued charges and deferred income | 492/3 | €3,561 | €468 | -€3,093 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,030 | €19,925 | -€105 | -0.5% |
| Other operating charges | 640/8 | €1,494 | €1,372 | -€122 | -8.2% |
| Gross operating margin | 9900 | €1,018,894 | €1,171,560 | +€152,666 | +15.0% |
| Operating profit (loss) | 9901 | €997,371 | €1,150,264 | +€152,893 | +15.3% |
| Financial income | 75/76B | €114,236 | €159,749 | +€45,513 | +39.8% |
| Recurring financial income | 75 | €114,236 | €159,749 | +€45,513 | +39.8% |
| Financial charges | 65/66B | €853 | €405 | -€448 | -52.6% |
| Recurring financial charges | 65 | €853 | €405 | -€448 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €1,110,754 | €1,309,609 | +€198,855 | +17.9% |
| Income taxes | 67/77 | €366,311 | €412,835 | +€46,524 | +12.7% |
| Profit (loss) for the period | 9904 | €744,443 | €896,774 | +€152,331 | +20.5% |
| Transfer from tax-exempt reserves | 789 | €178,000 | €0 | -€178,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €922,443 | €896,774 | -€25,669 | -2.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.