JUKE-BOX: 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.
JUKE-BOX
Largest movements
- Stocks and contracts +€13,716
up €13,716 (+24.2%), from €56,572 to €70,288
- Receivables within one year +€5,177
new in 2026: €5,177
of which Other amounts receivable: +€4,464
- Profit (loss) carried forward +€9,108
up €9,108, from -€8,880 to €227
- Trade debts +€7,005
up €7,005 (+58.5%), from €11,981 to €18,987
- Tax, wage and social debts +€5,321
up €5,321 (+172%), from €3,088 to €8,410
of which Taxes: +€4,716
- Short-term financial debts +€3,603
up €3,603 (+485%), from €743 to €4,346
- Debts after one year -€3,086
no longer reported in 2026 (was €3,086)
- Gross operating margin -€8,734
down €8,734 (-25.9%), from €33,756 to €25,022
- Staff costs +€5,723
up €5,723 (+187%), from €3,064 to €8,787
- Taxes +€2,349
new in 2026: €2,349
- Other operating charges +€934
up €934 (+148%), from €632 to €1,566
- Financial charges +€457
up €457 (+29.1%), from €1,571 to €2,028
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,458 | €83,975 | +€18,516 | +28.3% |
| Fixed assets | 21/28 | €7,591 | €6,800 | -€791 | -10.4% |
| Tangible fixed assets | 22/27 | €3,303 | €2,512 | -€791 | -23.9% |
| Plant, machinery and equipment | 23 | €1,064 | - | -€1,064 | |
| Furniture and vehicles | 24 | - | €825 | +€825 | |
| Other tangible fixed assets | 26 | €2,239 | €1,688 | -€551 | -24.6% |
| Financial fixed assets | 28 | €4,288 | €4,288 | = | 0.0% |
| Current assets | 29/58 | €57,867 | €77,174 | +€19,307 | +33.4% |
| Stocks and contracts in progress | 3 | €56,572 | €70,288 | +€13,716 | +24.2% |
| Stocks | 30/36 | €56,572 | €70,288 | +€13,716 | +24.2% |
| Amounts receivable within one year | 40/41 | - | €5,177 | +€5,177 | |
| Trade receivables | 40 | - | €713 | +€713 | |
| Other amounts receivable | 41 | - | €4,464 | +€4,464 | |
| Cash at bank and in hand | 54/58 | €944 | €1,249 | +€305 | +32.3% |
| Deferred charges and accrued income | 490/1 | €351 | €460 | +€109 | +31.2% |
| Total equity and liabilities | 10/49 | €65,458 | €83,975 | +€18,516 | +28.3% |
| Equity | 10/15 | €39,176 | €48,284 | +€9,108 | +23.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €41,859 | €41,859 | = | 0.0% |
| Distributable reserves | 133 | €41,859 | €41,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,880 | €227 | +€9,108 | |
| Amounts payable | 17/49 | €26,282 | €35,691 | +€9,409 | +35.8% |
| Amounts payable after more than one year | 17 | €3,086 | - | -€3,086 | |
| Financial debts | 170/4 | €3,086 | - | -€3,086 | |
| Amounts payable within one year | 42/48 | €23,196 | €35,691 | +€12,495 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €3,953 | €3,086 | -€866 | -21.9% |
| Financial debts | 43 | €743 | €4,346 | +€3,603 | +485% |
| Credit institutions | 430/8 | €743 | €4,346 | +€3,603 | +485% |
| Trade debts | 44 | €11,981 | €18,987 | +€7,005 | +58.5% |
| Suppliers | 440/4 | €11,981 | €18,987 | +€7,005 | +58.5% |
| Advances received on contracts in progress | 46 | €540 | €863 | +€323 | +59.9% |
| Taxes, remuneration and social security | 45 | €3,088 | €8,410 | +€5,321 | +172% |
| Taxes | 450/3 | €2,105 | €6,821 | +€4,716 | +224% |
| Remuneration and social security | 454/9 | €984 | €1,588 | +€605 | +61.5% |
| Other amounts payable | 47/48 | €2,891 | - | -€2,891 | |
| Remuneration, social security and pensions | 62 | €3,064 | €8,787 | +€5,723 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €651 | €791 | +€140 | +21.5% |
| Other operating charges | 640/8 | €632 | €1,566 | +€934 | +148% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | €33,756 | €25,022 | -€8,734 | -25.9% |
| Operating profit (loss) | 9901 | €29,409 | €13,278 | -€16,131 | -54.9% |
| Financial income | 75/76B | €18 | €207 | +€189 | +1,083% |
| Recurring financial income | 75 | €18 | €207 | +€189 | +1,083% |
| Financial charges | 65/66B | €1,571 | €2,028 | +€457 | +29.1% |
| Recurring financial charges | 65 | €1,571 | €2,028 | +€457 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €27,855 | €11,457 | -€16,398 | -58.9% |
| Income taxes | 67/77 | - | €2,349 | +€2,349 | |
| Profit (loss) for the period | 9904 | €27,855 | €9,108 | -€18,748 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,855 | €9,108 | -€18,748 | -67.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.