JUSTIUS: 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.
JUSTIUS
Largest movements
- Receivables within one year +€21,439
up €21,439 (+72.6%), from €29,531 to €50,971
of which Other amounts receivable: +€21,479
- Tangible fixed assets -€5,917
down €5,917 (-68.3%), from €8,664 to €2,746
of which Leasing and similar rights: -€5,571
- Receivables after one year -€3,000
down €3,000 (-9.8%), from €30,500 to €27,500
- Cash +€1,130
up €1,130 (+6.3%), from €17,817 to €18,947
mainly Net result for the year (+€9,386) and Depreciation (+€5,917)
- Reserves +€5,897
up €5,897 (+11.2%), from €52,583 to €58,481
of which Distributable reserves: +€5,897
- Advances received +€5,558
up €5,558 (+51.2%), from €10,850 to €16,408
- Tax, wage and social debts +€4,114
up €4,114 (+282.1%), from €1,458 to €5,572
- Current portion of long-term debt -€3,752
down €3,752 (-66.5%), from €5,643 to €1,890
- Profit (loss) carried forward +€3,489
up €3,489, from -€3,489 to €0
- Gross operating margin -€2,991
down €2,991 (-12.9%), from €23,184 to €20,192
- Taxes +€2,496
up €2,496 (+2370.4%), from €105 to €2,602
- Financial income +€1,769
up €1,769 (+275.5%), from €642 to €2,411
- Other operating charges -€429
down €429 (-11.3%), from €3,805 to €3,376
- Financial charges +€415
up €415 (+45.7%), from €908 to €1,322
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 | €87,977 | €101,309 | +€13,332 | +15.2% |
| Fixed assets | 21/28 | €8,664 | €2,746 | -€5,917 | -68.3% |
| Tangible fixed assets | 22/27 | €8,664 | €2,746 | -€5,917 | -68.3% |
| Plant, machinery and equipment | 23 | €702 | €429 | -€273 | -38.8% |
| Leasing and similar rights | 25 | €7,154 | €1,582 | -€5,571 | -77.9% |
| Other tangible fixed assets | 26 | €808 | €735 | -€73 | -9.1% |
| Current assets | 29/58 | €79,313 | €98,563 | +€19,249 | +24.3% |
| Amounts receivable after more than one year | 29 | €30,500 | €27,500 | -€3,000 | -9.8% |
| Other amounts receivable | 291 | €30,500 | €27,500 | -€3,000 | -9.8% |
| Amounts receivable within one year | 40/41 | €29,531 | €50,971 | +€21,439 | +72.6% |
| Trade receivables | 40 | €6,775 | €6,736 | -€39 | -0.6% |
| Other amounts receivable | 41 | €22,756 | €44,234 | +€21,479 | +94.4% |
| Cash at bank and in hand | 54/58 | €17,817 | €18,947 | +€1,130 | +6.3% |
| Deferred charges and accrued income | 490/1 | €1,465 | €1,145 | -€320 | -21.8% |
| Total equity and liabilities | 10/49 | €87,977 | €101,309 | +€13,332 | +15.2% |
| Equity | 10/15 | €67,695 | €77,081 | +€9,386 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,583 | €58,481 | +€5,897 | +11.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,723 | €56,621 | +€5,897 | +11.6% |
| Profit (loss) carried forward | 14 | -€3,489 | €0 | +€3,489 | |
| Amounts payable | 17/49 | €20,282 | €24,228 | +€3,946 | +19.5% |
| Amounts payable after more than one year | 17 | €1,890 | €0 | -€1,890 | -100.0% |
| Financial debts | 170/4 | €1,890 | €0 | -€1,890 | -100.0% |
| Amounts payable within one year | 42/48 | €18,392 | €24,228 | +€5,836 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €5,643 | €1,890 | -€3,752 | -66.5% |
| Trade debts | 44 | €441 | €358 | -€83 | -18.8% |
| Suppliers | 440/4 | €441 | €358 | -€83 | -18.8% |
| Advances received on contracts in progress | 46 | €10,850 | €16,408 | +€5,558 | +51.2% |
| Taxes, remuneration and social security | 45 | €1,458 | €5,572 | +€4,114 | +282.1% |
| Taxes | 450/3 | €1,458 | €5,572 | +€4,114 | +282.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,106 | €5,917 | -€189 | -3.1% |
| Other operating charges | 640/8 | €3,805 | €3,376 | -€429 | -11.3% |
| Gross operating margin | 9900 | €23,184 | €20,192 | -€2,991 | -12.9% |
| Operating profit (loss) | 9901 | €13,272 | €10,899 | -€2,374 | -17.9% |
| Financial income | 75/76B | €642 | €2,411 | +€1,769 | +275.5% |
| Recurring financial income | 75 | €642 | €2,411 | +€1,769 | +275.5% |
| Financial charges | 65/66B | €908 | €1,322 | +€415 | +45.7% |
| Recurring financial charges | 65 | €908 | €1,322 | +€415 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €13,007 | €11,988 | -€1,019 | -7.8% |
| Income taxes | 67/77 | €105 | €2,602 | +€2,496 | +2370.4% |
| Profit (loss) for the period | 9904 | €12,902 | €9,386 | -€3,515 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,902 | €9,386 | -€3,515 | -27.2% |
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 4 October 2026 via checked.be.