JUGIEM: 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.
JUGIEM
Largest movements
- Cash -€400,681
down €400,681 (-79.8%), from €502,329 to €101,648
mainly Current investments (-€380,000) and Contributions, distributions and other (-€241,651)
- Current investments +€380,000
up €380,000 (+1,900%), from €20,000 to €400,000
- Tangible fixed assets -€14,753
down €14,753 (-52.8%), from €27,923 to €13,170
of which Furniture and vehicles: -€14,491
- Receivables within one year +€10,829
up €10,829 (+113%), from €9,598 to €20,427
of which Other amounts receivable: +€10,478
- Other debts +€168,868
up €168,868 (+1,374%), from €12,295 to €181,163
- Profit (loss) carried forward -€122,474
down €122,474 (-100%), from €122,474 to €0
- Reserves -€72,614
down €72,614 (-17.5%), from €414,583 to €341,969
- Gross operating margin -€87,822
down €87,822 (-52.6%), from €167,064 to €79,242
- Taxes -€21,306
down €21,306 (-56.9%), from €37,469 to €16,163
- Financial income -€7,951
down €7,951 (-100.0%), from €7,951 to €0
- Depreciation +€2,077
up €2,077 (+15.6%), from €13,275 to €15,352
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 | €560,472 | €535,859 | -€24,613 | -4.4% |
| Fixed assets | 21/28 | €28,023 | €13,270 | -€14,753 | -52.6% |
| Tangible fixed assets | 22/27 | €27,923 | €13,170 | -€14,753 | -52.8% |
| Plant, machinery and equipment | 23 | €623 | €361 | -€262 | -42.0% |
| Furniture and vehicles | 24 | €27,300 | €12,809 | -€14,491 | -53.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €532,449 | €522,589 | -€9,860 | -1.9% |
| Amounts receivable within one year | 40/41 | €9,598 | €20,427 | +€10,829 | +113% |
| Trade receivables | 40 | - | €351 | +€351 | |
| Other amounts receivable | 41 | €9,598 | €20,076 | +€10,478 | +109% |
| Current investments | 50/53 | €20,000 | €400,000 | +€380,000 | +1,900% |
| Cash at bank and in hand | 54/58 | €502,329 | €101,648 | -€400,681 | -79.8% |
| Deferred charges and accrued income | 490/1 | €522 | €514 | -€8 | -1.6% |
| Total equity and liabilities | 10/49 | €560,472 | €535,859 | -€24,613 | -4.4% |
| Equity | 10/15 | €543,257 | €348,169 | -€195,088 | -35.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €414,583 | €341,969 | -€72,614 | -17.5% |
| Distributable reserves | 133 | €414,583 | €341,969 | -€72,614 | -17.5% |
| Profit (loss) carried forward | 14 | €122,474 | €0 | -€122,474 | -100% |
| Amounts payable | 17/49 | €17,215 | €187,690 | +€170,475 | +990% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €17,204 | €187,690 | +€170,486 | +991% |
| Current portion of amounts payable after more than one year | 42 | €2,537 | €0 | -€2,537 | -100% |
| Financial debts | 43 | €55 | €12 | -€43 | -78.3% |
| Credit institutions | 430/8 | €55 | €12 | -€43 | -78.3% |
| Trade debts | 44 | €2,318 | €2,983 | +€665 | +28.7% |
| Suppliers | 440/4 | €2,318 | €2,983 | +€665 | +28.7% |
| Taxes, remuneration and social security | 45 | - | €3,532 | +€3,532 | |
| Remuneration and social security | 454/9 | - | €3,532 | +€3,532 | |
| Other amounts payable | 47/48 | €12,295 | €181,163 | +€168,868 | +1,374% |
| Accrued charges and deferred income | 492/3 | €11 | €0 | -€11 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,275 | €15,352 | +€2,077 | +15.6% |
| Other operating charges | 640/8 | €1,631 | €1,074 | -€557 | -34.2% |
| Gross operating margin | 9900 | €167,064 | €79,242 | -€87,822 | -52.6% |
| Operating profit (loss) | 9901 | €152,158 | €62,816 | -€89,342 | -58.7% |
| Financial income | 75/76B | €7,951 | €0 | -€7,951 | -100.0% |
| Recurring financial income | 75 | €7,951 | €0 | -€7,951 | -100.0% |
| Financial charges | 65/66B | €167 | €90 | -€76 | -45.7% |
| Recurring financial charges | 65 | €167 | €90 | -€76 | -45.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €159,943 | €62,726 | -€97,217 | -60.8% |
| Income taxes | 67/77 | €37,469 | €16,163 | -€21,306 | -56.9% |
| Profit (loss) for the period | 9904 | €122,474 | €46,563 | -€75,911 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,474 | €46,563 | -€75,911 | -62.0% |
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 24 October 2026 via checked.be.