JUPITER: 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.
JUPITER
Largest movements
- Cash +€540,208
up €540,208 (+58920.0%), from €917 to €541,125
mainly Net result for the year (+€353,161) and Tax, wage and social debts (+€146,060)
- Receivables after one year -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Receivables within one year +€25,090
up €25,090 (+17.4%), from €144,451 to €169,540
of which Other amounts receivable: +€28,731
- Tangible fixed assets -€16,097
down €16,097 (-4.9%), from €331,243 to €315,146
- Reserves +€327,494
up €327,494 (+78.7%), from €416,162 to €743,656
of which Distributable reserves: +€327,494
- Tax, wage and social debts +€146,060
up €146,060 (+750.9%), from €19,452 to €165,512
- Current portion of long-term debt -€42,538
down €42,538 (-100.0%), from €42,538 to €0
- Profit (loss) carried forward +€31,917
up €31,917, from -€31,917 to €0
- Debts after one year -€21,579
down €21,579 (-100.0%), from €21,579 to €0
- Gross operating margin +€486,288
up €486,288 (+948.2%), from €51,283 to €537,572
- Taxes +€164,931
up €164,931 (+27750.8%), from €594 to €165,525
- Other operating charges -€50,540
down €50,540 (-77.8%), from €64,998 to €14,458
- Financial charges -€11,648
down €11,648 (-87.7%), from €13,285 to €1,637
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €776,611 | €1,225,812 | +€449,201 | +57.8% |
| Fixed assets | 21/28 | €331,243 | €315,146 | -€16,097 | -4.9% |
| Tangible fixed assets | 22/27 | €331,243 | €315,146 | -€16,097 | -4.9% |
| Land and buildings | 22 | €331,243 | €315,146 | -€16,097 | -4.9% |
| Current assets | 29/58 | €445,368 | €910,666 | +€465,298 | +104.5% |
| Amounts receivable after more than one year | 29 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Other amounts receivable | 291 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €144,451 | €169,540 | +€25,090 | +17.4% |
| Trade receivables | 40 | €3,642 | €0 | -€3,642 | -100.0% |
| Other amounts receivable | 41 | €140,809 | €169,540 | +€28,731 | +20.4% |
| Cash at bank and in hand | 54/58 | €917 | €541,125 | +€540,208 | +58920.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €776,611 | €1,225,812 | +€449,201 | +57.8% |
| Equity | 10/15 | €689,442 | €1,042,603 | +€353,161 | +51.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Revaluation surpluses | 12 | €181,250 | €175,000 | -€6,250 | -3.4% |
| Reserves | 13 | €416,162 | €743,656 | +€327,494 | +78.7% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €403,768 | €731,261 | +€327,494 | +81.1% |
| Profit (loss) carried forward | 14 | -€31,917 | €0 | +€31,917 | |
| Amounts payable | 17/49 | €87,169 | €183,209 | +€96,040 | +110.2% |
| Amounts payable after more than one year | 17 | €21,579 | €0 | -€21,579 | -100.0% |
| Financial debts | 170/4 | €21,579 | €0 | -€21,579 | -100.0% |
| Amounts payable within one year | 42/48 | €65,590 | €183,209 | +€117,619 | +179.3% |
| Current portion of amounts payable after more than one year | 42 | €42,538 | €0 | -€42,538 | -100.0% |
| Trade debts | 44 | €3,027 | €883 | -€2,144 | -70.8% |
| Suppliers | 440/4 | €3,027 | €883 | -€2,144 | -70.8% |
| Taxes, remuneration and social security | 45 | €19,452 | €165,512 | +€146,060 | +750.9% |
| Taxes | 450/3 | €19,452 | €165,512 | +€146,060 | +750.9% |
| Other amounts payable | 47/48 | €572 | €16,814 | +€16,242 | +2837.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,554 | €12,096 | -€457 | -3.6% |
| Other operating charges | 640/8 | €64,998 | €14,458 | -€50,540 | -77.8% |
| Non-recurring operating charges | 66A | €3,762 | €0 | -€3,762 | -100.0% |
| Gross operating margin | 9900 | €51,283 | €537,572 | +€486,288 | +948.2% |
| Operating profit (loss) | 9901 | -€30,030 | €511,017 | +€541,047 | |
| Financial income | 75/76B | €11,992 | €9,305 | -€2,686 | -22.4% |
| Recurring financial income | 75 | €11,992 | €9,305 | -€2,686 | -22.4% |
| Financial charges | 65/66B | €13,285 | €1,637 | -€11,648 | -87.7% |
| Recurring financial charges | 65 | €13,285 | €1,637 | -€11,648 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,323 | €518,686 | +€550,009 | |
| Income taxes | 67/77 | €594 | €165,525 | +€164,931 | +27750.8% |
| Profit (loss) for the period | 9904 | -€31,917 | €353,161 | +€385,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,917 | €353,161 | +€385,078 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.