JUSTHIB: 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.
JUSTHIB
Largest movements
- Receivables within one year -€348,039
down €348,039 (-94.0%), from €370,353 to €22,314
of which Other amounts receivable: -€284,632
- Contributions -€265,150
no longer reported in 2025 (was €265,150)
- Tax, wage and social debts -€65,057
down €65,057 (-36.2%), from €179,704 to €114,647
of which Taxes: -€58,117
- Advances received -€22,982
down €22,982 (-76.8%), from €29,940 to €6,958
- Gross operating margin +€92,466
up €92,466 (+64.0%), from €144,432 to €236,897
- Taxes +€22,099
up €22,099 (+79.7%), from €27,711 to €49,810
- Financial income -€16,226
down €16,226 (-79.9%), from €20,304 to €4,078
- Financial charges +€6,422
up €6,422 (+60.5%), from €10,607 to €17,029
- Other operating charges -€5,341
down €5,341 (-34.2%), from €15,623 to €10,282
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 | €1,016,701 | €663,734 | -€352,967 | -34.7% |
| Fixed assets | 21/28 | €71,299 | €61,705 | -€9,594 | -13.5% |
| Tangible fixed assets | 22/27 | €69,999 | €60,405 | -€9,594 | -13.7% |
| Land and buildings | 22 | €58,818 | €48,382 | -€10,436 | -17.7% |
| Plant, machinery and equipment | 23 | €5,696 | €4,168 | -€1,528 | -26.8% |
| Furniture and vehicles | 24 | €5,484 | €7,854 | +€2,370 | +43.2% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €945,403 | €602,030 | -€343,373 | -36.3% |
| Amounts receivable after more than one year | 29 | €148,000 | €148,000 | = | 0.0% |
| Trade receivables | 290 | €148,000 | €148,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €370,353 | €22,314 | -€348,039 | -94.0% |
| Trade receivables | 40 | €85,721 | €22,314 | -€63,407 | -74.0% |
| Other amounts receivable | 41 | €284,632 | - | -€284,632 | |
| Cash at bank and in hand | 54/58 | €423,563 | €425,333 | +€1,770 | +0.4% |
| Deferred charges and accrued income | 490/1 | €3,487 | €6,383 | +€2,896 | +83.0% |
| Total equity and liabilities | 10/49 | €1,016,701 | €663,734 | -€352,967 | -34.7% |
| Equity | 10/15 | €701,315 | €435,148 | -€266,168 | -38.0% |
| Contributions | 10/11 | €265,150 | - | -€265,150 | |
| Reserves | 13 | €433,496 | €435,148 | +€1,651 | +0.4% |
| Distributable reserves | 133 | €433,496 | €435,148 | +€1,651 | +0.4% |
| Profit (loss) carried forward | 14 | €2,669 | - | -€2,669 | |
| Amounts payable | 17/49 | €315,386 | €228,587 | -€86,799 | -27.5% |
| Amounts payable after more than one year | 17 | €64,784 | €54,964 | -€9,820 | -15.2% |
| Financial debts | 170/4 | €64,784 | €54,964 | -€9,820 | -15.2% |
| Amounts payable within one year | 42/48 | €250,602 | €173,623 | -€76,979 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €9,462 | €9,820 | +€358 | +3.8% |
| Trade debts | 44 | €31,496 | €41,132 | +€9,636 | +30.6% |
| Suppliers | 440/4 | €31,496 | €41,132 | +€9,636 | +30.6% |
| Advances received on contracts in progress | 46 | €29,940 | €6,958 | -€22,982 | -76.8% |
| Taxes, remuneration and social security | 45 | €179,704 | €114,647 | -€65,057 | -36.2% |
| Taxes | 450/3 | €172,764 | €114,647 | -€58,117 | -33.6% |
| Remuneration and social security | 454/9 | €6,940 | - | -€6,940 | |
| Other amounts payable | 47/48 | - | €1,065 | +€1,065 | |
| Remuneration, social security and pensions | 62 | €48,890 | €50,270 | +€1,380 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,628 | €15,661 | +€1,033 | +7.1% |
| Other operating charges | 640/8 | €15,623 | €10,282 | -€5,341 | -34.2% |
| Gross operating margin | 9900 | €144,432 | €236,897 | +€92,466 | +64.0% |
| Operating profit (loss) | 9901 | €65,291 | €160,684 | +€95,393 | +146.1% |
| Financial income | 75/76B | €20,304 | €4,078 | -€16,226 | -79.9% |
| Recurring financial income | 75 | €20,304 | €4,078 | -€16,226 | -79.9% |
| Financial charges | 65/66B | €10,607 | €17,029 | +€6,422 | +60.5% |
| Recurring financial charges | 65 | €10,607 | €17,029 | +€6,422 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €74,987 | €147,733 | +€72,745 | +97.0% |
| Income taxes | 67/77 | €27,711 | €49,810 | +€22,099 | +79.7% |
| Profit (loss) for the period | 9904 | €47,276 | €97,923 | +€50,646 | +107.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,276 | €97,923 | +€50,646 | +107.1% |
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 10 October 2026 via checked.be.