JUSTASTONE: 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.
JUSTASTONE
Largest movements
- Receivables within one year -€112,080
down €112,080 (-38.0%), from €294,928 to €182,847
of which Trade receivables: -€109,386
- Debts after one year -€385,851
down €385,851 (-32.6%), from €1.2m to €795,934
- Other debts +€242,370
up €242,370 (+8.1%), from €3.0m to €3.2m
- Reserves +€209,444
up €209,444 (+17.9%), from €1.2m to €1.4m
- Gross operating margin +€266,947
up €266,947 (+639%), from €41,802 to €308,749
- Financial charges -€52,817
down €52,817 (-37.9%), from €139,516 to €86,699
- Taxes -€22,179
down €22,179 (-72.0%), from €30,807 to €8,627
- Other operating charges -€8,659
down €8,659 (-80.4%), from €10,769 to €2,110
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 | €7,156,325 | €7,074,654 | -€81,671 | -1.1% |
| Fixed assets | 21/28 | €6,821,609 | €6,861,740 | +€40,131 | +0.6% |
| Tangible fixed assets | 22/27 | €4,160 | €2,291 | -€1,869 | -44.9% |
| Furniture and vehicles | 24 | €4,160 | €2,291 | -€1,869 | -44.9% |
| Financial fixed assets | 28 | €6,817,449 | €6,859,449 | +€42,000 | +0.6% |
| Current assets | 29/58 | €334,716 | €212,914 | -€121,802 | -36.4% |
| Amounts receivable within one year | 40/41 | €294,928 | €182,847 | -€112,080 | -38.0% |
| Trade receivables | 40 | €111,889 | €2,503 | -€109,386 | -97.8% |
| Other amounts receivable | 41 | €183,039 | €180,344 | -€2,695 | -1.5% |
| Cash at bank and in hand | 54/58 | €9,467 | €92 | -€9,374 | -99.0% |
| Deferred charges and accrued income | 490/1 | €30,322 | €29,975 | -€347 | -1.1% |
| Total equity and liabilities | 10/49 | €7,156,325 | €7,074,654 | -€81,671 | -1.1% |
| Equity | 10/15 | €1,640,834 | €1,850,278 | +€209,444 | +12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €463,854 | €463,854 | = | 0.0% |
| Reserves | 13 | €1,170,781 | €1,380,224 | +€209,444 | +17.9% |
| Distributable reserves | 133 | €1,170,781 | €1,380,224 | +€209,444 | +17.9% |
| Amounts payable | 17/49 | €5,515,491 | €5,224,377 | -€291,114 | -5.3% |
| Amounts payable after more than one year | 17 | €1,181,784 | €795,934 | -€385,851 | -32.6% |
| Financial debts | 170/4 | €1,181,784 | €795,934 | -€385,851 | -32.6% |
| Amounts payable within one year | 42/48 | €4,300,382 | €4,427,375 | +€126,992 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €1,221,730 | €1,165,306 | -€56,424 | -4.6% |
| Trade debts | 44 | €12,951 | €3,973 | -€8,977 | -69.3% |
| Suppliers | 440/4 | €12,951 | €3,973 | -€8,977 | -69.3% |
| Taxes, remuneration and social security | 45 | €70,097 | €20,121 | -€49,975 | -71.3% |
| Taxes | 450/3 | €70,097 | €20,121 | -€49,975 | -71.3% |
| Other amounts payable | 47/48 | €2,995,604 | €3,237,974 | +€242,370 | +8.1% |
| Accrued charges and deferred income | 492/3 | €33,325 | €1,068 | -€32,256 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,448 | €1,869 | -€579 | -23.6% |
| Other operating charges | 640/8 | €10,769 | €2,110 | -€8,659 | -80.4% |
| Gross operating margin | 9900 | €41,802 | €308,749 | +€266,947 | +639% |
| Operating profit (loss) | 9901 | €28,585 | €304,770 | +€276,185 | +966% |
| Financial income | 75/76B | €5 | €0 | -€5 | -97.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -97.8% |
| Financial charges | 65/66B | €139,516 | €86,699 | -€52,817 | -37.9% |
| Recurring financial charges | 65 | €139,516 | €86,699 | -€52,817 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | -€110,926 | €218,071 | +€328,997 | |
| Income taxes | 67/77 | €30,807 | €8,627 | -€22,179 | -72.0% |
| Profit (loss) for the period | 9904 | -€141,733 | €209,444 | +€351,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€141,733 | €209,444 | +€351,177 |
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 18 October 2026 via checked.be.