JUPIMA: 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.
JUPIMA
Largest movements
- Receivables within one year +€13,340
up €13,340 (+56.9%), from €23,457 to €36,797
of which Trade receivables: +€13,491
- Cash +€13,023
up €13,023 (+8.9%), from €145,721 to €158,744
mainly Net result for the year (+€14,609) and Trade debts (+€12,438)
- Profit (loss) carried forward +€14,609
up €14,609 (+29.8%), from €49,088 to €63,697
- Trade debts +€12,438
up €12,438 (+1,239%), from €1,004 to €13,442
- Gross operating margin +€4,746
up €4,746 (+27.7%), from €17,154 to €21,900
- Other operating charges +€1,625
new in 2025: €1,625
- Financial income -€690
down €690 (-93.6%), from €737 to €47
- Taxes +€588
up €588 (+12.3%), from €4,787 to €5,375
- Financial charges +€338
new in 2025: €338
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 | €185,388 | €213,633 | +€28,245 | +15.2% |
| Fixed assets | 21/28 | €1,503 | €1,503 | = | 0.0% |
| Financial fixed assets | 28 | €1,503 | €1,503 | = | 0.0% |
| Current assets | 29/58 | €183,885 | €212,130 | +€28,245 | +15.4% |
| Stocks and contracts in progress | 3 | €14,707 | €16,589 | +€1,882 | +12.8% |
| Stocks | 30/36 | €14,707 | €16,589 | +€1,882 | +12.8% |
| Amounts receivable within one year | 40/41 | €23,457 | €36,797 | +€13,340 | +56.9% |
| Trade receivables | 40 | €23,306 | €36,797 | +€13,491 | +57.9% |
| Other amounts receivable | 41 | €151 | - | -€151 | |
| Cash at bank and in hand | 54/58 | €145,721 | €158,744 | +€13,023 | +8.9% |
| Total equity and liabilities | 10/49 | €185,388 | €213,633 | +€28,245 | +15.2% |
| Equity | 10/15 | €177,555 | €192,164 | +€14,609 | +8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €66,467 | €66,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €60,270 | €60,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,088 | €63,697 | +€14,609 | +29.8% |
| Amounts payable | 17/49 | €7,833 | €21,469 | +€13,636 | +174% |
| Amounts payable within one year | 42/48 | €7,833 | €21,469 | +€13,636 | +174% |
| Trade debts | 44 | €1,004 | €13,442 | +€12,438 | +1,239% |
| Suppliers | 440/4 | €1,004 | €13,442 | +€12,438 | +1,239% |
| Taxes, remuneration and social security | 45 | €5,902 | €7,100 | +€1,198 | +20.3% |
| Taxes | 450/3 | €5,902 | €7,100 | +€1,198 | +20.3% |
| Other amounts payable | 47/48 | €927 | €927 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,625 | +€1,625 | |
| Gross operating margin | 9900 | €17,154 | €21,900 | +€4,746 | +27.7% |
| Operating profit (loss) | 9901 | €17,154 | €20,275 | +€3,121 | +18.2% |
| Financial income | 75/76B | €737 | €47 | -€690 | -93.6% |
| Recurring financial income | 75 | €737 | €47 | -€690 | -93.6% |
| Financial charges | 65/66B | - | €338 | +€338 | |
| Recurring financial charges | 65 | - | €338 | +€338 | |
| Profit (loss) for the period before taxes | 9903 | €17,891 | €19,984 | +€2,093 | +11.7% |
| Income taxes | 67/77 | €4,787 | €5,375 | +€588 | +12.3% |
| Profit (loss) for the period | 9904 | €13,104 | €14,609 | +€1,505 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,104 | €14,609 | +€1,505 | +11.5% |
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 18 October 2026 via checked.be.