JUSTICE FOR ALL: 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.
JUSTICE FOR ALL
Largest movements
- Receivables within one year +€356,534
up €356,534 (+51.9%), from €687,503 to €1.0m
- Cash +€97,156
up €97,156 (+29.6%), from €328,467 to €425,623
mainly Net result for the year (+€374,821) and Depreciation (+€73,298)
- Intangible fixed assets -€70,000
down €70,000 (-33.3%), from €210,000 to €140,000
- Reserves +€375,000
up €375,000 (+44.4%), from €845,000 to €1.2m
- Accrued charges and deferred income -€49,448
down €49,448 (-71.6%), from €69,105 to €19,658
- Current portion of long-term debt -€35,006
no longer reported in 2025 (was €35,006)
- Tax, wage and social debts +€34,155
up €34,155 (+29.0%), from €117,741 to €151,897
of which Taxes: +€25,525
- Debts after one year +€33,528
up €33,528 (+103%), from €32,441 to €65,969
- Gross operating margin +€455,371
up €455,371 (+95.5%), from €476,720 to €932,092
- Staff costs +€97,183
up €97,183 (+37.3%), from €260,716 to €357,899
- Taxes +€96,361
up €96,361 (+246%), from €39,156 to €135,517
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 | €1,240,254 | €1,624,661 | +€384,406 | +31.0% |
| Fixed assets | 21/28 | €224,285 | €155,001 | -€69,284 | -30.9% |
| Intangible fixed assets | 21 | €210,000 | €140,000 | -€70,000 | -33.3% |
| Tangible fixed assets | 22/27 | €14,285 | €15,001 | +€716 | +5.0% |
| Plant, machinery and equipment | 23 | €1,394 | €4,320 | +€2,926 | +210% |
| Furniture and vehicles | 24 | €12,890 | €10,681 | -€2,209 | -17.1% |
| Current assets | 29/58 | €1,015,970 | €1,469,660 | +€453,690 | +44.7% |
| Amounts receivable within one year | 40/41 | €687,503 | €1,044,037 | +€356,534 | +51.9% |
| Trade receivables | 40 | €687,503 | €1,044,037 | +€356,534 | +51.9% |
| Cash at bank and in hand | 54/58 | €328,467 | €425,623 | +€97,156 | +29.6% |
| Total equity and liabilities | 10/49 | €1,240,254 | €1,624,661 | +€384,406 | +31.0% |
| Equity | 10/15 | €895,852 | €1,270,673 | +€374,821 | +41.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €845,000 | €1,220,000 | +€375,000 | +44.4% |
| Distributable reserves | 133 | €845,000 | €1,220,000 | +€375,000 | +44.4% |
| Profit (loss) carried forward | 14 | €852 | €673 | -€179 | -21.0% |
| Amounts payable | 17/49 | €344,402 | €353,988 | +€9,586 | +2.8% |
| Amounts payable after more than one year | 17 | €32,441 | €65,969 | +€33,528 | +103% |
| Financial debts | 170/4 | €32,441 | €65,969 | +€33,528 | +103% |
| Amounts payable within one year | 42/48 | €242,856 | €268,361 | +€25,505 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €35,006 | - | -€35,006 | |
| Trade debts | 44 | €87,587 | €105,949 | +€18,363 | +21.0% |
| Suppliers | 440/4 | €87,587 | €105,949 | +€18,363 | +21.0% |
| Taxes, remuneration and social security | 45 | €117,741 | €151,897 | +€34,155 | +29.0% |
| Taxes | 450/3 | €70,766 | €96,291 | +€25,525 | +36.1% |
| Remuneration and social security | 454/9 | €46,975 | €55,606 | +€8,630 | +18.4% |
| Other amounts payable | 47/48 | €2,522 | €10,514 | +€7,992 | +317% |
| Accrued charges and deferred income | 492/3 | €69,105 | €19,658 | -€49,448 | -71.6% |
| Remuneration, social security and pensions | 62 | €260,716 | €357,899 | +€97,183 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,245 | €73,298 | -€948 | -1.3% |
| Other operating charges | 640/8 | €347 | €155 | -€191 | -55.2% |
| Gross operating margin | 9900 | €476,720 | €932,092 | +€455,371 | +95.5% |
| Operating profit (loss) | 9901 | €141,412 | €500,740 | +€359,327 | +254% |
| Financial income | 75/76B | €6,873 | €13,142 | +€6,269 | +91.2% |
| Recurring financial income | 75 | €6,873 | €13,142 | +€6,269 | +91.2% |
| Financial charges | 65/66B | €8,000 | €3,544 | -€4,457 | -55.7% |
| Recurring financial charges | 65 | €8,000 | €3,544 | -€4,457 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €140,285 | €510,338 | +€370,053 | +264% |
| Income taxes | 67/77 | €39,156 | €135,517 | +€96,361 | +246% |
| Profit (loss) for the period | 9904 | €101,128 | €374,821 | +€273,693 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €101,128 | €374,821 | +€273,693 | +271% |
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 31 October 2026 via checked.be.