Jugland: 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.
Jugland
Largest movements
- Tangible fixed assets +€66,152
up €66,152 (+4,021%), from €1,645 to €67,798
of which Other tangible fixed assets: +€65,618
- Cash +€27,876
up €27,876 (+172%), from €16,202 to €44,078
mainly Debts after one year (+€43,328) and Net result for the year (+€30,492)
- Receivables within one year +€14,283
up €14,283 (+233%), from €6,141 to €20,424
of which Trade receivables: +€14,007
- Debts after one year +€43,328
new in 2025: €43,328
- Reserves +€30,492
up €30,492 (+198%), from €15,394 to €45,886
- Trade debts +€16,153
up €16,153 (+6,151%), from €263 to €16,416
- Tax, wage and social debts +€12,288
up €12,288 (+192%), from €6,412 to €18,700
- Current portion of long-term debt +€6,672
new in 2025: €6,672
- Gross operating margin +€21,027
up €21,027 (+103%), from €20,385 to €41,413
- Purchases and services -€20,578
no longer reported in 2025 (was €20,578)
- Taxes +€4,337
up €4,337 (+97.6%), from €4,446 to €8,783
- Depreciation +€1,642
up €1,642 (+945%), from €174 to €1,815
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 | €23,989 | €133,281 | +€109,292 | +456% |
| Fixed assets | 21/28 | €1,645 | €67,798 | +€66,152 | +4,021% |
| Tangible fixed assets | 22/27 | €1,645 | €67,798 | +€66,152 | +4,021% |
| Plant, machinery and equipment | 23 | €1,645 | €2,179 | +€534 | +32.5% |
| Other tangible fixed assets | 26 | - | €65,618 | +€65,618 | |
| Current assets | 29/58 | €22,344 | €65,484 | +€43,140 | +193% |
| Amounts receivable within one year | 40/41 | €6,141 | €20,424 | +€14,283 | +233% |
| Trade receivables | 40 | €6,141 | €20,149 | +€14,007 | +228% |
| Other amounts receivable | 41 | - | €276 | +€276 | |
| Cash at bank and in hand | 54/58 | €16,202 | €44,078 | +€27,876 | +172% |
| Deferred charges and accrued income | 490/1 | - | €981 | +€981 | |
| Total equity and liabilities | 10/49 | €23,989 | €133,281 | +€109,292 | +456% |
| Equity | 10/15 | €15,494 | €45,986 | +€30,492 | +197% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €15,394 | €45,886 | +€30,492 | +198% |
| Distributable reserves | 133 | €15,394 | €45,886 | +€30,492 | +198% |
| Amounts payable | 17/49 | €8,495 | €87,295 | +€78,800 | +928% |
| Amounts payable after more than one year | 17 | - | €43,328 | +€43,328 | |
| Financial debts | 170/4 | - | €43,328 | +€43,328 | |
| Amounts payable within one year | 42/48 | €6,725 | €43,048 | +€36,323 | +540% |
| Current portion of amounts payable after more than one year | 42 | - | €6,672 | +€6,672 | |
| Trade debts | 44 | €263 | €16,416 | +€16,153 | +6,151% |
| Suppliers | 440/4 | €263 | €16,416 | +€16,153 | +6,151% |
| Taxes, remuneration and social security | 45 | €6,412 | €18,700 | +€12,288 | +192% |
| Taxes | 450/3 | €6,412 | €18,700 | +€12,288 | +192% |
| Other amounts payable | 47/48 | €50 | €1,259 | +€1,209 | +2,418% |
| Accrued charges and deferred income | 492/3 | €1,770 | €920 | -€850 | -48.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,578 | - | -€20,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €1,815 | +€1,642 | +945% |
| Other operating charges | 640/8 | €345 | €379 | +€34 | +9.9% |
| Gross operating margin | 9900 | €20,385 | €41,413 | +€21,027 | +103% |
| Operating profit (loss) | 9901 | €19,867 | €39,219 | +€19,352 | +97.4% |
| Financial income | 75/76B | - | €104 | +€104 | |
| Recurring financial income | 75 | - | €104 | +€104 | |
| Financial charges | 65/66B | €27 | €48 | +€21 | +75.3% |
| Recurring financial charges | 65 | €27 | €48 | +€21 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €19,840 | €39,275 | +€19,436 | +98.0% |
| Income taxes | 67/77 | €4,446 | €8,783 | +€4,337 | +97.6% |
| Profit (loss) for the period | 9904 | €15,394 | €30,492 | +€15,098 | +98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,394 | €30,492 | +€15,098 | +98.1% |
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 16 October 2026 via checked.be.