JUSP: 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.
JUSP
Largest movements
- Cash +€43,487
up €43,487 (+606%), from €7,172 to €50,659
mainly Net result for the year (+€40,110) and Depreciation (+€3,128)
- Tangible fixed assets -€2,974
down €2,974 (-24.5%), from €12,118 to €9,144
- Profit (loss) carried forward +€40,110
up €40,110 (+158%), from €25,358 to €65,467
- Other debts +€831
up €831 (+62.1%), from €1,338 to €2,169
- Tax, wage and social debts -€811
down €811 (-13.4%), from €6,031 to €5,220
- Gross operating margin +€17,021
up €17,021 (+45.1%), from €37,765 to €54,786
- Taxes +€1,901
up €1,901 (+20.4%), from €9,319 to €11,220
- Depreciation +€651
up €651 (+26.3%), from €2,477 to €3,128
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 | €33,257 | €73,357 | +€40,100 | +121% |
| Formation expenses | 20 | €154 | - | -€154 | |
| Fixed assets | 21/28 | €12,118 | €9,144 | -€2,974 | -24.5% |
| Tangible fixed assets | 22/27 | €12,118 | €9,144 | -€2,974 | -24.5% |
| Furniture and vehicles | 24 | €12,118 | €9,144 | -€2,974 | -24.5% |
| Current assets | 29/58 | €20,985 | €64,212 | +€43,228 | +206% |
| Amounts receivable within one year | 40/41 | €13,812 | €13,553 | -€259 | -1.9% |
| Trade receivables | 40 | €12,631 | €11,874 | -€757 | -6.0% |
| Other amounts receivable | 41 | €1,181 | €1,679 | +€499 | +42.2% |
| Cash at bank and in hand | 54/58 | €7,172 | €50,659 | +€43,487 | +606% |
| Total equity and liabilities | 10/49 | €33,257 | €73,357 | +€40,100 | +121% |
| Equity | 10/15 | €25,858 | €65,967 | +€40,110 | +155% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,358 | €65,467 | +€40,110 | +158% |
| Amounts payable | 17/49 | €7,399 | €7,389 | -€10 | -0.1% |
| Amounts payable within one year | 42/48 | €7,399 | €7,389 | -€10 | -0.1% |
| Trade debts | 44 | €31 | - | -€31 | |
| Suppliers | 440/4 | €31 | - | -€31 | |
| Taxes, remuneration and social security | 45 | €6,031 | €5,220 | -€811 | -13.4% |
| Taxes | 450/3 | €6,031 | €5,220 | -€811 | -13.4% |
| Other amounts payable | 47/48 | €1,338 | €2,169 | +€831 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,477 | €3,128 | +€651 | +26.3% |
| Other operating charges | 640/8 | €269 | - | -€269 | |
| Gross operating margin | 9900 | €37,765 | €54,786 | +€17,021 | +45.1% |
| Operating profit (loss) | 9901 | €35,020 | €51,658 | +€16,638 | +47.5% |
| Financial charges | 65/66B | €343 | €328 | -€15 | -4.3% |
| Recurring financial charges | 65 | €343 | €328 | -€15 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €34,677 | €51,330 | +€16,653 | +48.0% |
| Income taxes | 67/77 | €9,319 | €11,220 | +€1,901 | +20.4% |
| Profit (loss) for the period | 9904 | €25,358 | €40,110 | +€14,752 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,358 | €40,110 | +€14,752 | +58.2% |
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 16 October 2026 via checked.be.