JUMA: 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
JUMA
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€850,649
2023 · -€41,968+€892,616
Equity
€5.6m
2023 · €5.3m+€300,649
Cash
€60,783
2023 · €43,104+€17,680
Balance sheet total
€12.3m
2023 · €13.2m-€874,329
Largest movements
Assets
- Tangible fixed assets -€928,930
down €928,930 (-8.5%), from €10.9m to €10.0m
of which Land and buildings: -€927,325
- Financial fixed assets +€144,667
up €144,667 (+1446.7%), from €10,000 to €154,667
Equity and liabilities
- Debts after one year -€2.5m
down €2.5m (-46.5%), from €5.3m to €2.8m
- Current portion of long-term debt +€2.0m
up €2.0m (+416.2%), from €469,194 to €2.4m
- Reserves +€709,268
up €709,268 (+60.1%), from €1.2m to €1.9m
of which Tax-exempt reserves: +€709,268
- Other debts -€692,766
down €692,766 (-53.2%), from €1.3m to €610,177
- Revaluation surpluses -€550,000
down €550,000 (-12.4%), from €4.4m to €3.9m
Income statement
- Gross operating margin +€1.2m
up €1.2m (+256.7%), from €460,213 to €1.6m
- Taxes +€31,674
up €31,674 (+162.3%), from €19,511 to €51,186
- Financial charges +€25,348
up €25,348 (+17.6%), from €144,405 to €169,753
- Depreciation -€19,852
down €19,852 (-6.9%), from €287,949 to €268,096
From the 2023 result to the 2024 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 2023
-€41,968
Gross operating margin
+€1.2m
Depreciation
+€19,852
Other operating charges
+€517
Financial income
-€17
Financial charges
-€25,348
Taxes
-€31,674
Deferred taxes and other
-€251,942
Result 2024
€850,649
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€737,049
Investment
+€565,176
Financing
-€1.3m
Cash 2023
€43,104
From operations (derived)
+€737,049
Net result for the year
+€850,649
Depreciation
+€268,096
Stocks and contracts
-€24,205
Receivables within one year
+€106,339
Deferred charges and accrued income
-€23,398
Provisions
+€235,800
Smaller working-capital items
+€6,048
Tax, wage and social debts
+€10,486
Other debts
-€692,766
Investment (derived)
+€565,176
Investment in fixed assets (net)
+€565,176
Financing
-€1.3m
Debts after one year
-€2.5m
Current portion of long-term debt
+€2.0m
Short-term financial debts
-€224,418
Contributions, distributions and other
-€550,000
Cash 2024
€60,783
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,157,914 | €12,283,585 | -€874,329 | -6.6% |
| Fixed assets | 21/28 | €11,344,572 | €10,511,299 | -€833,272 | -7.3% |
| Intangible fixed assets | 21 | €406,576 | €357,567 | -€49,009 | -12.1% |
| Tangible fixed assets | 22/27 | €10,927,995 | €9,999,066 | -€928,930 | -8.5% |
| Land and buildings | 22 | €10,890,087 | €9,962,761 | -€927,325 | -8.5% |
| Plant, machinery and equipment | 23 | €1,981 | €1,028 | -€953 | -48.1% |
| Furniture and vehicles | 24 | €35,928 | €35,277 | -€651 | -1.8% |
| Financial fixed assets | 28 | €10,000 | €154,667 | +€144,667 | +1446.7% |
| Current assets | 29/58 | €1,813,342 | €1,772,286 | -€41,056 | -2.3% |
| Stocks and contracts in progress | 3 | €1,375,664 | €1,399,869 | +€24,205 | +1.8% |
| Stocks | 30/36 | €1,375,664 | €1,399,869 | +€24,205 | +1.8% |
| Amounts receivable within one year | 40/41 | €371,405 | €265,066 | -€106,339 | -28.6% |
| Trade receivables | 40 | €26,738 | €45,066 | +€18,328 | +68.5% |
| Other amounts receivable | 41 | €344,667 | €220,000 | -€124,667 | -36.2% |
| Cash at bank and in hand | 54/58 | €43,104 | €60,783 | +€17,680 | +41.0% |
| Deferred charges and accrued income | 490/1 | €23,169 | €46,567 | +€23,398 | +101.0% |
| Total equity and liabilities | 10/49 | €13,157,914 | €12,283,585 | -€874,329 | -6.6% |
| Equity | 10/15 | €5,338,420 | €5,639,068 | +€300,649 | +5.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €4,440,000 | €3,890,000 | -€550,000 | -12.4% |
| Reserves | 13 | €1,180,880 | €1,890,148 | +€709,268 | +60.1% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,157,649 | €1,866,917 | +€709,268 | +61.3% |
| Distributable reserves | 133 | €20,730 | €20,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,460 | -€166,079 | +€141,381 | +46.0% |
| Provisions and deferred taxes | 16 | €392,732 | €628,532 | +€235,800 | +60.0% |
| Deferred taxes | 168 | €392,732 | €628,532 | +€235,800 | +60.0% |
| Amounts payable | 17/49 | €7,426,763 | €6,015,985 | -€1.4m | -19.0% |
| Amounts payable after more than one year | 17 | €5,301,877 | €2,838,736 | -€2.5m | -46.5% |
| Financial debts | 170/4 | €5,301,877 | €2,838,736 | -€2.5m | -46.5% |
| Amounts payable within one year | 42/48 | €2,122,787 | €3,175,118 | +€1.1m | +49.6% |
| Current portion of amounts payable after more than one year | 42 | €469,194 | €2,422,209 | +€2.0m | +416.2% |
| Financial debts | 43 | €250,000 | €25,582 | -€224,418 | -89.8% |
| Credit institutions | 430/8 | €250,000 | €25,582 | -€224,418 | -89.8% |
| Trade debts | 44 | €57,878 | €63,893 | +€6,014 | +10.4% |
| Suppliers | 440/4 | €57,878 | €63,893 | +€6,014 | +10.4% |
| Taxes, remuneration and social security | 45 | €42,772 | €53,258 | +€10,486 | +24.5% |
| Taxes | 450/3 | €42,772 | €53,258 | +€10,486 | +24.5% |
| Other amounts payable | 47/48 | €1,302,942 | €610,177 | -€692,766 | -53.2% |
| Accrued charges and deferred income | 492/3 | €2,098 | €2,132 | +€34 | +1.6% |
| Non-recurring operating income | 76A | - | €1,178,152 | +€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €287,949 | €268,096 | -€19,852 | -6.9% |
| Other operating charges | 640/8 | €66,477 | €65,960 | -€517 | -0.8% |
| Gross operating margin | 9900 | €460,213 | €1,641,440 | +€1.2m | +256.7% |
| Operating profit (loss) | 9901 | €105,787 | €1,307,384 | +€1.2m | +1135.9% |
| Financial income | 75/76B | €20 | €3 | -€17 | -83.8% |
| Recurring financial income | 75 | €20 | €3 | -€17 | -83.8% |
| Financial charges | 65/66B | €144,405 | €169,753 | +€25,348 | +17.6% |
| Recurring financial charges | 65 | €144,405 | €169,753 | +€25,348 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€38,598 | €1,137,634 | +€1.2m | |
| Transfer from deferred taxes | 780 | €16,142 | €25,474 | +€9,332 | +57.8% |
| Transfer to deferred taxes | 680 | - | €261,274 | +€261,274 | |
| Income taxes | 67/77 | €19,511 | €51,186 | +€31,674 | +162.3% |
| Profit (loss) for the period | 9904 | -€41,968 | €850,649 | +€892,616 | |
| Transfer from tax-exempt reserves | 789 | €46,557 | €74,555 | +€27,997 | +60.1% |
| Transfer to tax-exempt reserves | 689 | - | €783,823 | +€783,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,590 | €141,381 | +€136,791 | +2980.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.