JUSDICI: 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.
JUSDICI
Largest movements
- Cash +€44,219
up €44,219 (+38.7%), from €114,118 to €158,338
mainly Net result for the year (+€32,549) and Depreciation (+€30,405)
- Tangible fixed assets -€29,084
down €29,084 (-26.2%), from €110,854 to €81,771
of which Plant, machinery and equipment: -€26,765
- Stocks and contracts +€18,441
up €18,441 (+31.3%), from €58,892 to €77,334
- Deferred charges and accrued income -€15,406
down €15,406 (-90.5%), from €17,019 to €1,613
- Receivables within one year +€10,485
up €10,485 (+19.7%), from €53,215 to €63,699
of which Trade receivables: +€13,186
- Other debts +€17,333
new in 2025: €17,333
- Reserves +€15,216
up €15,216 (+9.7%), from €156,645 to €171,861
- Trade debts +€7,576
up €7,576 (+33.1%), from €22,860 to €30,435
- Current portion of long-term debt -€7,239
down €7,239 (-100.0%), from €7,239 to €0
- Gross operating margin +€33,180
up €33,180 (+17.6%), from €188,584 to €221,764
- Taxes +€11,230
up €11,230 (+354.5%), from €3,168 to €14,397
- Staff costs +€7,685
up €7,685 (+8.3%), from €92,603 to €100,288
- Depreciation -€4,947
down €4,947 (-14.0%), from €35,353 to €30,405
- Other operating charges -€4,808
down €4,808 (-9.3%), from €51,864 to €47,056
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 | €354,299 | €382,955 | +€28,656 | +8.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €110,854 | €81,771 | -€29,084 | -26.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €110,854 | €81,771 | -€29,084 | -26.2% |
| Plant, machinery and equipment | 23 | €102,810 | €76,045 | -€26,765 | -26.0% |
| Furniture and vehicles | 24 | €370 | €148 | -€222 | -60.1% |
| Other tangible fixed assets | 26 | €7,675 | €5,578 | -€2,097 | -27.3% |
| Current assets | 29/58 | €243,445 | €301,184 | +€57,739 | +23.7% |
| Stocks and contracts in progress | 3 | €58,892 | €77,334 | +€18,441 | +31.3% |
| Stocks | 30/36 | €58,892 | €77,334 | +€18,441 | +31.3% |
| Amounts receivable within one year | 40/41 | €53,215 | €63,699 | +€10,485 | +19.7% |
| Trade receivables | 40 | €40,437 | €53,623 | +€13,186 | +32.6% |
| Other amounts receivable | 41 | €12,778 | €10,076 | -€2,701 | -21.1% |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €114,118 | €158,338 | +€44,219 | +38.7% |
| Deferred charges and accrued income | 490/1 | €17,019 | €1,613 | -€15,406 | -90.5% |
| Total equity and liabilities | 10/49 | €354,299 | €382,955 | +€28,656 | +8.1% |
| Equity | 10/15 | €309,185 | €321,321 | +€12,137 | +3.9% |
| Contributions | 10/11 | €100,800 | €100,800 | = | 0.0% |
| Reserves | 13 | €156,645 | €171,861 | +€15,216 | +9.7% |
| Distributable reserves | 133 | €156,645 | €171,861 | +€15,216 | +9.7% |
| Profit (loss) carried forward | 14 | €44,144 | €44,144 | = | 0.0% |
| Investment grants | 15 | €7,596 | €4,517 | -€3,079 | -40.5% |
| Amounts payable | 17/49 | €45,114 | €61,633 | +€16,519 | +36.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,553 | €60,597 | +€16,044 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €7,239 | €0 | -€7,239 | -100.0% |
| Trade debts | 44 | €22,860 | €30,435 | +€7,576 | +33.1% |
| Suppliers | 440/4 | €22,860 | €30,435 | +€7,576 | +33.1% |
| Taxes, remuneration and social security | 45 | €14,454 | €12,828 | -€1,626 | -11.3% |
| Taxes | 450/3 | €1,452 | €1,584 | +€131 | +9.0% |
| Remuneration and social security | 454/9 | €13,002 | €11,245 | -€1,757 | -13.5% |
| Other amounts payable | 47/48 | - | €17,333 | +€17,333 | |
| Accrued charges and deferred income | 492/3 | €561 | €1,037 | +€475 | +84.7% |
| Remuneration, social security and pensions | 62 | €92,603 | €100,288 | +€7,685 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,353 | €30,405 | -€4,947 | -14.0% |
| Other operating charges | 640/8 | €51,864 | €47,056 | -€4,808 | -9.3% |
| Gross operating margin | 9900 | €188,584 | €221,764 | +€33,180 | +17.6% |
| Operating profit (loss) | 9901 | €8,764 | €44,014 | +€35,251 | +402.2% |
| Financial income | 75/76B | €4,113 | €3,079 | -€1,034 | -25.1% |
| Recurring financial income | 75 | €4,113 | €3,079 | -€1,034 | -25.1% |
| Financial charges | 65/66B | €408 | €147 | -€261 | -63.9% |
| Recurring financial charges | 65 | €408 | €147 | -€261 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €12,469 | €46,946 | +€34,477 | +276.5% |
| Income taxes | 67/77 | €3,168 | €14,397 | +€11,230 | +354.5% |
| Profit (loss) for the period | 9904 | €9,301 | €32,549 | +€23,248 | +249.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,301 | €32,549 | +€23,248 | +249.9% |
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 9 October 2026 via checked.be.