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Justice & Courage: 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.

What changed

Justice & Courage

BE 0563.635.227
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€437
2024 · -€272-€165
Equity
-€2,335
2024 · -€1,898-€437
Cash
€7
2024 · €124-€117
Balance sheet total
€7
2024 · €124-€117

Largest movements

2024 to 2025
Assets
  • Cash -€117

    down €117 (-94.2%), from €124 to €7

    mainly Net result for the year (-€437)

Equity and liabilities
  • Profit (loss) carried forward -€437

    down €437 (-23.0%), from -€1,898 to -€2,335

  • Debts within one year +€320

    up €320 (+15.8%), from €2,022 to €2,342

Income statement
  • Gross operating margin -€165

    down €165 (-258%), from -€64 to -€229

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€272
Gross operating margin -€165
Financial charges -€0
Result 2025 -€437
lowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€117
Investment €0
Financing €0
Cash 2024 €124
Net result for the year -€437
Debts within one year +€320
Cash 2025 €7
brings cash intakes cash out
Every line side by side 15 lines
Line Code 2024 2025 Change %
Total assets 20/58 €124 €7 -€117 -94.2%
Current assets 29/58 €124 €7 -€117 -94.2%
Cash at bank and in hand 54/58 €124 €7 -€117 -94.2%
Total equity and liabilities 10/49 €124 €7 -€117 -94.2%
Equity 10/15 -€1,898 -€2,335 -€437 -23.0%
Profit (loss) carried forward 14 -€1,898 -€2,335 -€437 -23.0%
Amounts payable 17/49 €2,022 €2,342 +€320 +15.8%
Amounts payable within one year 42/48 €2,022 €2,342 +€320 +15.8%
Gross operating margin 9900 -€64 -€229 -€165 -258%
Operating profit (loss) 9901 -€64 -€229 -€165 -258%
Financial charges 65/66B €208 €208 +€0 0.0%
Recurring financial charges 65 €208 €208 +€0 0.0%
Profit (loss) for the period before taxes 9903 -€272 -€437 -€165 -60.8%
Profit (loss) for the period 9904 -€272 -€437 -€165 -60.8%
Profit (loss) for the period to be appropriated 9905 -€272 -€437 -€165 -60.8%

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 21 October 2026 via checked.be.