Just Splendid: what changed
Two fiscal 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 Splendid
Largest movements
- Tangible fixed assets -€44,812
down €44,812 (-3.3%), from €1.3m to €1.3m
of which Land and buildings: -€42,812
- Profit (loss) carried forward -€83,043
down €83,043 (-54.8%), from -€151,430 to -€234,473
- Debts after one year +€30,686
up €30,686 (+2.3%), from €1.3m to €1.3m
of which Other amounts payable: +€96,300
- Depreciation -€130,959
down €130,959 (-74.3%), from €176,167 to €45,208
- Gross operating margin -€79,468
down €79,468 (-89.7%), from €88,629 to €9,161
- Financial charges -€18,018
down €18,018 (-29.4%), from €61,376 to €43,357
- Other operating charges +€1,123
up €1,123 (+44.6%), from €2,516 to €3,639
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 | €1,366,538 | €1,321,126 | -€45,413 | -3.3% |
| Formation expenses | 20 | €1,396 | €1,000 | -€396 | -28.4% |
| Fixed assets | 21/28 | €1,338,676 | €1,293,864 | -€44,812 | -3.3% |
| Tangible fixed assets | 22/27 | €1,338,676 | €1,293,864 | -€44,812 | -3.3% |
| Land and buildings | 22 | €1,316,816 | €1,274,004 | -€42,812 | -3.3% |
| Furniture and vehicles | 24 | €21,860 | €19,860 | -€2,000 | -9.1% |
| Current assets | 29/58 | €26,466 | €26,262 | -€205 | -0.8% |
| Amounts receivable within one year | 40/41 | €25,500 | €25,500 | = | 0.0% |
| Trade receivables | 40 | €25,500 | €25,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €966 | €762 | -€205 | -21.2% |
| Total equity and liabilities | 10/49 | €1,366,538 | €1,321,126 | -€45,413 | -3.3% |
| Equity | 10/15 | -€89,930 | -€172,973 | -€83,043 | -92.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,430 | -€234,473 | -€83,043 | -54.8% |
| Amounts payable | 17/49 | €1,456,468 | €1,494,099 | +€37,631 | +2.6% |
| Amounts payable after more than one year | 17 | €1,314,773 | €1,345,460 | +€30,686 | +2.3% |
| Financial debts | 170/4 | €1,030,373 | €964,760 | -€65,614 | -6.4% |
| Other amounts payable | 178/9 | €284,400 | €380,700 | +€96,300 | +33.9% |
| Amounts payable within one year | 42/48 | €132,824 | €133,114 | +€290 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €63,312 | €65,614 | +€2,302 | +3.6% |
| Trade debts | 44 | €2,012 | - | -€2,012 | |
| Suppliers | 440/4 | €2,012 | - | -€2,012 | |
| Other amounts payable | 47/48 | €67,500 | €67,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,871 | €15,525 | +€6,655 | +75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,167 | €45,208 | -€130,959 | -74.3% |
| Other operating charges | 640/8 | €2,516 | €3,639 | +€1,123 | +44.6% |
| Gross operating margin | 9900 | €88,629 | €9,161 | -€79,468 | -89.7% |
| Operating profit (loss) | 9901 | -€90,054 | -€39,686 | +€50,369 | +55.9% |
| Financial charges | 65/66B | €61,376 | €43,357 | -€18,018 | -29.4% |
| Recurring financial charges | 65 | €61,376 | €43,357 | -€18,018 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€151,430 | -€83,043 | +€68,387 | +45.2% |
| Profit (loss) for the period | 9904 | -€151,430 | -€83,043 | +€68,387 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€151,430 | -€83,043 | +€68,387 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.