JUST B WELL: 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.
JUST B WELL
Largest movements
- Cash +€83,441
up €83,441 (+672%), from €12,420 to €95,862
mainly Trade debts (+€60,710) and Other debts (+€55,653)
- Receivables within one year +€14,633
up €14,633 (+453%), from €3,230 to €17,863
of which Other amounts receivable: +€13,750
- Intangible fixed assets -€10,865
down €10,865 (-31.6%), from €34,406 to €23,541
- Tangible fixed assets -€6,882
down €6,882 (-29.3%), from €23,502 to €16,620
of which Other tangible fixed assets: -€5,802
- Trade debts +€60,710
up €60,710 (+521%), from €11,646 to €72,356
- Other debts +€55,653
new in 2025: €55,653
- Debts after one year -€17,400
down €17,400 (-51.1%), from €34,050 to €16,650
- Profit (loss) carried forward -€12,579
no longer reported in 2025 (was €12,579)
- Tax, wage and social debts -€2,882
no longer reported in 2025 (was €2,882)
- Gross operating margin +€45,207
up €45,207 (+139%), from €32,503 to €77,710
- Taxes +€11,064
up €11,064 (+338%), from €3,271 to €14,335
- Depreciation +€790
up €790 (+4.7%), from €16,957 to €17,747
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 | €84,559 | €164,931 | +€80,372 | +95.0% |
| Fixed assets | 21/28 | €68,722 | €51,017 | -€17,705 | -25.8% |
| Intangible fixed assets | 21 | €34,406 | €23,541 | -€10,865 | -31.6% |
| Tangible fixed assets | 22/27 | €23,502 | €16,620 | -€6,882 | -29.3% |
| Furniture and vehicles | 24 | €5,130 | €4,050 | -€1,080 | -21.1% |
| Other tangible fixed assets | 26 | €18,372 | €12,570 | -€5,802 | -31.6% |
| Financial fixed assets | 28 | €10,814 | €10,856 | +€41 | +0.4% |
| Current assets | 29/58 | €15,836 | €113,914 | +€98,078 | +619% |
| Amounts receivable within one year | 40/41 | €3,230 | €17,863 | +€14,633 | +453% |
| Trade receivables | 40 | €1,473 | €2,356 | +€883 | +59.9% |
| Other amounts receivable | 41 | €1,757 | €15,507 | +€13,750 | +783% |
| Cash at bank and in hand | 54/58 | €12,420 | €95,862 | +€83,441 | +672% |
| Deferred charges and accrued income | 490/1 | €186 | €189 | +€3 | +1.5% |
| Total equity and liabilities | 10/49 | €84,559 | €164,931 | +€80,372 | +95.0% |
| Equity | 10/15 | €33,016 | €19,857 | -€13,159 | -39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,579 | - | -€12,579 | |
| Investment grants | 15 | €1,837 | €1,257 | -€580 | -31.6% |
| Amounts payable | 17/49 | €51,542 | €145,074 | +€93,532 | +181% |
| Amounts payable after more than one year | 17 | €34,050 | €16,650 | -€17,400 | -51.1% |
| Financial debts | 170/4 | €34,050 | €16,650 | -€17,400 | -51.1% |
| Amounts payable within one year | 42/48 | €16,585 | €128,009 | +€111,424 | +672% |
| Current portion of amounts payable after more than one year | 42 | €2,057 | - | -€2,057 | |
| Trade debts | 44 | €11,646 | €72,356 | +€60,710 | +521% |
| Suppliers | 440/4 | €11,646 | €72,356 | +€60,710 | +521% |
| Taxes, remuneration and social security | 45 | €2,882 | - | -€2,882 | |
| Taxes | 450/3 | €2,882 | - | -€2,882 | |
| Other amounts payable | 47/48 | - | €55,653 | +€55,653 | |
| Accrued charges and deferred income | 492/3 | €907 | €415 | -€492 | -54.2% |
| Non-recurring operating income | 76A | - | €64,768 | +€64,768 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,957 | €17,747 | +€790 | +4.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €32,503 | €77,710 | +€45,207 | +139% |
| Operating profit (loss) | 9901 | €15,158 | €59,563 | +€44,405 | +293% |
| Financial income | 75/76B | €672 | €660 | -€12 | -1.9% |
| Recurring financial income | 75 | €672 | €660 | -€12 | -1.9% |
| Financial charges | 65/66B | €2,208 | €2,814 | +€606 | +27.5% |
| Recurring financial charges | 65 | €2,208 | €2,814 | +€606 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €13,622 | €57,409 | +€43,786 | +321% |
| Income taxes | 67/77 | €3,271 | €14,335 | +€11,064 | +338% |
| Profit (loss) for the period | 9904 | €10,352 | €43,074 | +€32,722 | +316% |
| Profit (loss) for the period to be appropriated | 9905 | €10,352 | €43,074 | +€32,722 | +316% |
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 20 October 2026 via checked.be.