JUSIMAR: 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.
JUSIMAR
Largest movements
- Receivables within one year +€79,449
up €79,449 (+88.5%), from €89,800 to €169,249
of which Other amounts receivable: +€45,263
- Other debts -€387,070
down €387,070 (-99.5%), from €389,087 to €2,017
- Debts after one year +€229,642
up €229,642 (+9.6%), from €2.4m to €2.6m
of which Other amounts payable: +€416,328
- Short-term financial debts +€150,000
new in 2025: €150,000
- Reserves +€69,421
up €69,421 (+41.3%), from €168,162 to €237,583
- Gross operating margin -€145,442
down €145,442 (-47.8%), from €304,351 to €158,909
- Financial charges +€29,740
up €29,740 (+97.6%), from €30,466 to €60,206
- Taxes -€4,962
down €4,962 (-16.2%), from €30,611 to €25,649
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 | €3,294,950 | €3,357,246 | +€62,297 | +1.9% |
| Fixed assets | 21/28 | €3,187,006 | €3,187,338 | +€332 | 0.0% |
| Financial fixed assets | 28 | €3,187,006 | €3,187,338 | +€332 | 0.0% |
| Current assets | 29/58 | €107,943 | €169,908 | +€61,965 | +57.4% |
| Amounts receivable within one year | 40/41 | €89,800 | €169,249 | +€79,449 | +88.5% |
| Trade receivables | 40 | €86,487 | €120,673 | +€34,186 | +39.5% |
| Other amounts receivable | 41 | €3,313 | €48,576 | +€45,263 | +1,366% |
| Cash at bank and in hand | 54/58 | €18,143 | €659 | -€17,484 | -96.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,294,950 | €3,357,246 | +€62,297 | +1.9% |
| Equity | 10/15 | €173,162 | €242,583 | +€69,421 | +40.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €168,162 | €237,583 | +€69,421 | +41.3% |
| Distributable reserves | 133 | €168,162 | €237,583 | +€69,421 | +41.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,121,788 | €3,114,664 | -€7,125 | -0.2% |
| Amounts payable after more than one year | 17 | €2,391,594 | €2,621,236 | +€229,642 | +9.6% |
| Financial debts | 170/4 | €559,211 | €372,525 | -€186,686 | -33.4% |
| Other amounts payable | 178/9 | €1,832,383 | €2,248,711 | +€416,328 | +22.7% |
| Amounts payable within one year | 42/48 | €721,195 | €491,590 | -€229,605 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €179,774 | €186,686 | +€6,912 | +3.8% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €119,554 | €131,626 | +€12,072 | +10.1% |
| Suppliers | 440/4 | €119,554 | €131,626 | +€12,072 | +10.1% |
| Taxes, remuneration and social security | 45 | €32,780 | €21,261 | -€11,519 | -35.1% |
| Taxes | 450/3 | €32,780 | €21,261 | -€11,519 | -35.1% |
| Other amounts payable | 47/48 | €389,087 | €2,017 | -€387,070 | -99.5% |
| Accrued charges and deferred income | 492/3 | €9,000 | €1,838 | -€7,162 | -79.6% |
| Other operating charges | 640/8 | €1,440 | €1,633 | +€192 | +13.4% |
| Gross operating margin | 9900 | €304,351 | €158,909 | -€145,442 | -47.8% |
| Operating profit (loss) | 9901 | €302,911 | €157,276 | -€145,635 | -48.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €30,466 | €60,206 | +€29,740 | +97.6% |
| Recurring financial charges | 65 | €30,466 | €60,206 | +€29,740 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | €272,445 | €97,071 | -€175,374 | -64.4% |
| Income taxes | 67/77 | €30,611 | €25,649 | -€4,962 | -16.2% |
| Profit (loss) for the period | 9904 | €241,834 | €71,421 | -€170,412 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €241,834 | €71,421 | -€170,412 | -70.5% |
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 29 October 2026 via checked.be.