JUKE: 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.
What changed
JUKE
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€160,356
2024 · €139,326+€21,030
Equity
€1.7m
2024 · €1.6m+€160,356
Cash
€351,470
2024 · €123,981+€227,489
Balance sheet total
€4.6m
2024 · €4.4m+€155,339
Largest movements
Assets
- Cash +€227,489
up €227,489 (+183.5%), from €123,981 to €351,470
mainly Accrued charges and deferred income (+€253,028) and Depreciation (+€175,401)
- Tangible fixed assets -€106,906
down €106,906 (-3.0%), from €3.6m to €3.4m
of which Land and buildings: -€96,084
Equity and liabilities
- Accrued charges and deferred income +€253,028
up €253,028 (+186.6%), from €135,608 to €388,636
- Debts after one year -€189,198
down €189,198 (-16.5%), from €1.1m to €958,902
- Reserves +€160,356
up €160,356 (+20.0%), from €799,814 to €960,170
of which Distributable reserves: +€172,493
- Other debts -€77,677
down €77,677 (-30.6%), from €254,160 to €176,483
Income statement
- Staff costs +€69,861
up €69,861 (+9.9%), from €707,840 to €777,701
- Gross operating margin +€45,222
up €45,222 (+3.2%), from €1.4m to €1.4m
- Taxes +€15,465
up €15,465 (+30.2%), from €51,217 to €66,682
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.
Result 2024
€139,326
Gross operating margin
+€45,222
Staff costs
-€69,861
Depreciation
+€5,350
Other operating charges
+€3,967
Other operating items
+€44,787
Financial income
+€454
Financial charges
+€6,576
Taxes
-€15,465
Result 2025
€160,356
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.
From operations
+€469,267
Investment
-€59,236
Financing
-€182,543
Cash 2024
€123,981
From operations (derived)
+€469,267
Net result for the year
+€160,356
Depreciation
+€175,401
Stocks and contracts
-€45,393
Receivables within one year
+€5,731
Deferred charges and accrued income
-€4,353
Provisions
-€4,041
Trade debts
+€14,507
Tax, wage and social debts
-€8,291
Other debts
-€77,677
Accrued charges and deferred income
+€253,028
Investment (derived)
-€59,236
Investment in fixed assets (net)
-€59,236
Financing
-€182,543
Debts after one year
-€189,198
Current portion of long-term debt
+€3,065
Short-term financial debts
+€3,590
Cash 2025
€351,470
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,403,951 | €4,559,290 | +€155,339 | +3.5% |
| Formation expenses | 20 | €29,599 | €16,680 | -€12,919 | -43.6% |
| Fixed assets | 21/28 | €3,555,338 | €3,452,093 | -€103,246 | -2.9% |
| Tangible fixed assets | 22/27 | €3,554,393 | €3,447,487 | -€106,906 | -3.0% |
| Land and buildings | 22 | €3,489,315 | €3,393,231 | -€96,084 | -2.8% |
| Plant, machinery and equipment | 23 | €53,229 | €31,532 | -€21,697 | -40.8% |
| Furniture and vehicles | 24 | €11,848 | €4,985 | -€6,863 | -57.9% |
| Assets under construction and advance payments | 27 | - | €17,738 | +€17,738 | |
| Financial fixed assets | 28 | €946 | €4,606 | +€3,660 | +387.0% |
| Current assets | 29/58 | €819,013 | €1,090,518 | +€271,504 | +33.2% |
| Stocks and contracts in progress | 3 | €484,014 | €529,407 | +€45,393 | +9.4% |
| Stocks | 30/36 | €484,014 | €529,407 | +€45,393 | +9.4% |
| Amounts receivable within one year | 40/41 | €136,003 | €130,273 | -€5,731 | -4.2% |
| Trade receivables | 40 | €66,762 | €125,495 | +€58,733 | +88.0% |
| Other amounts receivable | 41 | €69,242 | €4,778 | -€64,464 | -93.1% |
| Cash at bank and in hand | 54/58 | €123,981 | €351,470 | +€227,489 | +183.5% |
| Deferred charges and accrued income | 490/1 | €75,015 | €79,368 | +€4,353 | +5.8% |
| Total equity and liabilities | 10/49 | €4,403,951 | €4,559,290 | +€155,339 | +3.5% |
| Equity | 10/15 | €1,580,604 | €1,740,959 | +€160,356 | +10.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €480,789 | €480,789 | = | 0.0% |
| Reserves | 13 | €799,814 | €960,170 | +€160,356 | +20.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €326,458 | €314,321 | -€12,137 | -3.7% |
| Distributable reserves | 133 | €443,357 | €615,849 | +€172,493 | +38.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €104,898 | €100,857 | -€4,041 | -3.9% |
| Deferred taxes | 168 | €104,898 | €100,857 | -€4,041 | -3.9% |
| Amounts payable | 17/49 | €2,718,450 | €2,717,475 | -€975 | 0.0% |
| Amounts payable after more than one year | 17 | €1,148,099 | €958,902 | -€189,198 | -16.5% |
| Financial debts | 170/4 | €1,148,099 | €958,902 | -€189,198 | -16.5% |
| Amounts payable within one year | 42/48 | €1,434,742 | €1,369,937 | -€64,805 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €191,245 | €194,311 | +€3,065 | +1.6% |
| Financial debts | 43 | €33,438 | €37,028 | +€3,590 | +10.7% |
| Credit institutions | 430/8 | €33,438 | €37,028 | +€3,590 | +10.7% |
| Trade debts | 44 | €832,768 | €847,275 | +€14,507 | +1.7% |
| Suppliers | 440/4 | €832,768 | €847,275 | +€14,507 | +1.7% |
| Taxes, remuneration and social security | 45 | €123,131 | €114,841 | -€8,291 | -6.7% |
| Taxes | 450/3 | €25,607 | €2,344 | -€23,264 | -90.8% |
| Remuneration and social security | 454/9 | €97,524 | €112,497 | +€14,973 | +15.4% |
| Other amounts payable | 47/48 | €254,160 | €176,483 | -€77,677 | -30.6% |
| Accrued charges and deferred income | 492/3 | €135,608 | €388,636 | +€253,028 | +186.6% |
| Remuneration, social security and pensions | 62 | €707,840 | €777,701 | +€69,861 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,751 | €175,401 | -€5,350 | -3.0% |
| Other operating charges | 640/8 | €47,073 | €43,106 | -€3,967 | -8.4% |
| Non-recurring operating charges | 66A | €223,690 | €178,904 | -€44,787 | -20.0% |
| Gross operating margin | 9900 | €1,403,443 | €1,448,665 | +€45,222 | +3.2% |
| Operating profit (loss) | 9901 | €244,088 | €273,554 | +€29,465 | +12.1% |
| Financial income | 75/76B | €165 | €619 | +€454 | +274.5% |
| Recurring financial income | 75 | €165 | €226 | +€61 | +36.6% |
| Non-recurring financial income | 76B | - | €393 | +€393 | |
| Financial charges | 65/66B | €57,752 | €51,176 | -€6,576 | -11.4% |
| Recurring financial charges | 65 | €57,752 | €51,176 | -€6,576 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €186,501 | €222,996 | +€36,495 | +19.6% |
| Transfer from deferred taxes | 780 | €4,041 | €4,041 | = | 0.0% |
| Income taxes | 67/77 | €51,217 | €66,682 | +€15,465 | +30.2% |
| Profit (loss) for the period | 9904 | €139,326 | €160,356 | +€21,030 | +15.1% |
| Transfer from tax-exempt reserves | 789 | €12,137 | €12,137 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €151,463 | €172,493 | +€21,030 | +13.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.