JUPITER: 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.
JUPITER
Largest movements
- Stocks and contracts +€40,599
up €40,599 (+60.5%), from €67,053 to €107,652
- Tangible fixed assets +€28,913
up €28,913 (+88.7%), from €32,594 to €61,507
of which Furniture and vehicles: +€29,848
- Receivables within one year +€27,035
up €27,035 (+670.4%), from €4,032 to €31,068
of which Trade receivables: +€31,066
- Cash -€22,251
down €22,251 (-79.8%), from €27,871 to €5,620
mainly Stocks and contracts (-€40,599) and Investment in fixed assets (net) (-€38,000)
- Tax, wage and social debts +€27,754
up €27,754 (+279.3%), from €9,938 to €37,691
of which Remuneration and social security: +€17,060
- Trade debts +€20,099
up €20,099 (+28.0%), from €71,876 to €91,975
- Debts after one year +€19,211
new in 2024: €19,211
- Current portion of long-term debt +€8,450
new in 2024: €8,450
- Gross operating margin +€25,686
up €25,686 (+51.5%), from €49,878 to €75,564
- Staff costs +€13,354
up €13,354 (+38.7%), from €34,477 to €47,831
- Financial charges +€5,864
up €5,864 (+97.6%), from €6,007 to €11,871
- Depreciation +€5,152
up €5,152 (+130.9%), from €3,935 to €9,087
- Other operating charges +€3,681
up €3,681 (+223.7%), from €1,646 to €5,326
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,549 | €208,355 | +€75,806 | +57.2% |
| Fixed assets | 21/28 | €32,594 | €61,507 | +€28,913 | +88.7% |
| Tangible fixed assets | 22/27 | €32,594 | €61,507 | +€28,913 | +88.7% |
| Plant, machinery and equipment | 23 | €32,594 | €28,659 | -€3,935 | -12.1% |
| Furniture and vehicles | 24 | - | €29,848 | +€29,848 | |
| Other tangible fixed assets | 26 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €99,955 | €146,848 | +€46,894 | +46.9% |
| Stocks and contracts in progress | 3 | €67,053 | €107,652 | +€40,599 | +60.5% |
| Stocks | 30/36 | €67,053 | €107,652 | +€40,599 | +60.5% |
| Amounts receivable within one year | 40/41 | €4,032 | €31,068 | +€27,035 | +670.4% |
| Trade receivables | 40 | - | €31,066 | +€31,066 | |
| Other amounts receivable | 41 | €4,032 | €2 | -€4,030 | -99.9% |
| Cash at bank and in hand | 54/58 | €27,871 | €5,620 | -€22,251 | -79.8% |
| Deferred charges and accrued income | 490/1 | €998 | €2,508 | +€1,510 | +151.3% |
| Total equity and liabilities | 10/49 | €132,549 | €208,355 | +€75,806 | +57.2% |
| Equity | 10/15 | €32,380 | €33,834 | +€1,453 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,920 | €13,374 | +€1,453 | +12.2% |
| Amounts payable | 17/49 | €100,168 | €174,522 | +€74,353 | +74.2% |
| Amounts payable after more than one year | 17 | - | €19,211 | +€19,211 | |
| Financial debts | 170/4 | - | €19,211 | +€19,211 | |
| Amounts payable within one year | 42/48 | €100,168 | €155,310 | +€55,142 | +55.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,450 | +€8,450 | |
| Trade debts | 44 | €71,876 | €91,975 | +€20,099 | +28.0% |
| Suppliers | 440/4 | €71,876 | €91,975 | +€20,099 | +28.0% |
| Taxes, remuneration and social security | 45 | €9,938 | €37,691 | +€27,754 | +279.3% |
| Taxes | 450/3 | - | €10,694 | +€10,694 | |
| Remuneration and social security | 454/9 | €9,938 | €26,998 | +€17,060 | +171.7% |
| Other amounts payable | 47/48 | €18,355 | €17,194 | -€1,161 | -6.3% |
| Remuneration, social security and pensions | 62 | €34,477 | €47,831 | +€13,354 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,935 | €9,087 | +€5,152 | +130.9% |
| Other operating charges | 640/8 | €1,646 | €5,326 | +€3,681 | +223.7% |
| Gross operating margin | 9900 | €49,878 | €75,564 | +€25,686 | +51.5% |
| Operating profit (loss) | 9901 | €9,820 | €13,319 | +€3,499 | +35.6% |
| Financial income | 75/76B | €7 | €5 | -€2 | -25.8% |
| Recurring financial income | 75 | €7 | €5 | -€2 | -25.8% |
| Financial charges | 65/66B | €6,007 | €11,871 | +€5,864 | +97.6% |
| Recurring financial charges | 65 | €6,007 | €11,871 | +€5,864 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | €3,820 | €1,453 | -€2,367 | -62.0% |
| Profit (loss) for the period | 9904 | €3,820 | €1,453 | -€2,367 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,820 | €1,453 | -€2,367 | -62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.