JUST2GUYS: 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.
JUST2GUYS
Largest movements
- Tangible fixed assets -€47,929
down €47,929 (-4.2%), from €1.1m to €1.1m
of which Land and buildings: -€45,905
- Receivables within one year +€18,076
up €18,076 (+250.4%), from €7,220 to €25,297
of which Trade receivables: +€15,266
- Debts after one year -€54,437
down €54,437 (-9.0%), from €604,798 to €550,360
- Reserves +€30,000
up €30,000 (+9.3%), from €323,269 to €353,269
of which Distributable reserves: +€30,000
- Trade debts +€17,333
up €17,333 (+191.7%), from €9,043 to €26,376
- Other debts -€12,014
down €12,014 (-17.1%), from €70,241 to €58,227
- Gross operating margin -€62,125
down €62,125 (-35.4%), from €175,479 to €113,354
- Other operating charges +€23,001
up €23,001 (+419.1%), from €5,488 to €28,488
- Taxes -€18,852
down €18,852 (-71.0%), from €26,558 to €7,707
- Financial charges -€1,887
down €1,887 (-19.4%), from €9,707 to €7,820
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 | €1,171,349 | €1,138,178 | -€33,171 | -2.8% |
| Fixed assets | 21/28 | €1,128,874 | €1,080,946 | -€47,929 | -4.2% |
| Tangible fixed assets | 22/27 | €1,128,874 | €1,080,946 | -€47,929 | -4.2% |
| Land and buildings | 22 | €1,119,442 | €1,073,537 | -€45,905 | -4.1% |
| Plant, machinery and equipment | 23 | €9,433 | €7,409 | -€2,024 | -21.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €42,475 | €57,232 | +€14,757 | +34.7% |
| Amounts receivable within one year | 40/41 | €7,220 | €25,297 | +€18,076 | +250.4% |
| Trade receivables | 40 | €5,720 | €20,986 | +€15,266 | +266.9% |
| Other amounts receivable | 41 | €1,500 | €4,311 | +€2,811 | +187.4% |
| Cash at bank and in hand | 54/58 | €32,796 | €30,400 | -€2,396 | -7.3% |
| Deferred charges and accrued income | 490/1 | €2,459 | €1,536 | -€923 | -37.6% |
| Total equity and liabilities | 10/49 | €1,171,349 | €1,138,178 | -€33,171 | -2.8% |
| Equity | 10/15 | €408,804 | €431,087 | +€22,283 | +5.5% |
| Contributions | 10/11 | €48,426 | €48,426 | = | 0.0% |
| Revaluation surpluses | 12 | €13,906 | €13,906 | = | 0.0% |
| Reserves | 13 | €323,269 | €353,269 | +€30,000 | +9.3% |
| Tax-exempt reserves | 132 | €23,269 | €23,269 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €330,000 | +€30,000 | +10.0% |
| Profit (loss) carried forward | 14 | €23,202 | €15,485 | -€7,717 | -33.3% |
| Provisions and deferred taxes | 16 | €7,089 | €6,215 | -€873 | -12.3% |
| Deferred taxes | 168 | €7,089 | €6,215 | -€873 | -12.3% |
| Amounts payable | 17/49 | €755,457 | €700,876 | -€54,581 | -7.2% |
| Amounts payable after more than one year | 17 | €604,798 | €550,360 | -€54,437 | -9.0% |
| Financial debts | 170/4 | €604,798 | €550,360 | -€54,437 | -9.0% |
| Amounts payable within one year | 42/48 | €143,820 | €142,515 | -€1,305 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €57,291 | €54,437 | -€2,854 | -5.0% |
| Trade debts | 44 | €9,043 | €26,376 | +€17,333 | +191.7% |
| Suppliers | 440/4 | €9,043 | €26,376 | +€17,333 | +191.7% |
| Taxes, remuneration and social security | 45 | €7,245 | €3,475 | -€3,770 | -52.0% |
| Taxes | 450/3 | €7,245 | €3,475 | -€3,770 | -52.0% |
| Other amounts payable | 47/48 | €70,241 | €58,227 | -€12,014 | -17.1% |
| Accrued charges and deferred income | 492/3 | €6,839 | €8,000 | +€1,161 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,945 | €47,929 | +€984 | +2.1% |
| Other operating charges | 640/8 | €5,488 | €28,488 | +€23,001 | +419.1% |
| Gross operating margin | 9900 | €175,479 | €113,354 | -€62,125 | -35.4% |
| Operating profit (loss) | 9901 | €123,047 | €36,937 | -€86,110 | -70.0% |
| Financial charges | 65/66B | €9,707 | €7,820 | -€1,887 | -19.4% |
| Recurring financial charges | 65 | €9,707 | €7,820 | -€1,887 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €113,340 | €29,117 | -€84,223 | -74.3% |
| Transfer from deferred taxes | 780 | €873 | €873 | = | 0.0% |
| Income taxes | 67/77 | €26,558 | €7,707 | -€18,852 | -71.0% |
| Profit (loss) for the period | 9904 | €87,654 | €22,283 | -€65,371 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,654 | €22,283 | -€65,371 | -74.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.