JUSTLIV: 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.
JUSTLIV
Largest movements
- Cash -€11,641
down €11,641 (-47.1%), from €24,715 to €13,075
mainly Other debts (-€14,137) and Tax, wage and social debts (-€5,776)
- Tangible fixed assets -€8,558
down €8,558 (-14.7%), from €58,061 to €49,503
of which Plant, machinery and equipment: -€10,751
- Receivables within one year -€2,708
down €2,708 (-100%), from €2,708 to €0
- Other debts -€14,137
down €14,137 (-16.0%), from €88,530 to €74,392
- Tax, wage and social debts -€5,776
down €5,776 (-81.1%), from €7,125 to €1,349
of which Taxes: -€3,776
- Profit (loss) carried forward -€3,680
down €3,680 (-95.5%), from -€3,855 to -€7,535
- Gross operating margin -€6,622
down €6,622 (-39.7%), from €16,696 to €10,074
- Depreciation +€418
up €418 (+3.8%), from €10,986 to €11,404
- Other operating charges +€229
up €229 (+16.7%), from €1,374 to €1,603
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 | €95,477 | €72,723 | -€22,754 | -23.8% |
| Fixed assets | 21/28 | €61,061 | €52,503 | -€8,558 | -14.0% |
| Tangible fixed assets | 22/27 | €58,061 | €49,503 | -€8,558 | -14.7% |
| Land and buildings | 22 | €3,719 | €3,452 | -€267 | -7.2% |
| Plant, machinery and equipment | 23 | €54,342 | €43,592 | -€10,751 | -19.8% |
| Furniture and vehicles | 24 | - | €2,460 | +€2,460 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €34,416 | €20,219 | -€14,196 | -41.2% |
| Stocks and contracts in progress | 3 | €6,337 | €6,660 | +€323 | +5.1% |
| Stocks | 30/36 | €6,337 | €6,660 | +€323 | +5.1% |
| Amounts receivable within one year | 40/41 | €2,708 | €0 | -€2,708 | -100% |
| Other amounts receivable | 41 | €2,708 | €0 | -€2,708 | -100% |
| Cash at bank and in hand | 54/58 | €24,715 | €13,075 | -€11,641 | -47.1% |
| Deferred charges and accrued income | 490/1 | €656 | €485 | -€171 | -26.1% |
| Total equity and liabilities | 10/49 | €95,477 | €72,723 | -€22,754 | -23.8% |
| Equity | 10/15 | -€855 | -€4,535 | -€3,680 | -430% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,855 | -€7,535 | -€3,680 | -95.5% |
| Amounts payable | 17/49 | €96,332 | €77,258 | -€19,074 | -19.8% |
| Amounts payable within one year | 42/48 | €96,026 | €76,870 | -€19,156 | -19.9% |
| Trade debts | 44 | €371 | €1,129 | +€757 | +204% |
| Suppliers | 440/4 | €371 | €1,129 | +€757 | +204% |
| Taxes, remuneration and social security | 45 | €7,125 | €1,349 | -€5,776 | -81.1% |
| Taxes | 450/3 | €5,125 | €1,349 | -€3,776 | -73.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €88,530 | €74,392 | -€14,137 | -16.0% |
| Accrued charges and deferred income | 492/3 | €306 | €388 | +€82 | +26.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,986 | €11,404 | +€418 | +3.8% |
| Other operating charges | 640/8 | €1,374 | €1,603 | +€229 | +16.7% |
| Gross operating margin | 9900 | €16,696 | €10,074 | -€6,622 | -39.7% |
| Operating profit (loss) | 9901 | €4,337 | -€2,932 | -€7,269 | |
| Financial income | 75/76B | €1 | €21 | +€20 | +1,819% |
| Recurring financial income | 75 | €1 | €21 | +€20 | +1,819% |
| Financial charges | 65/66B | €840 | €769 | -€71 | -8.4% |
| Recurring financial charges | 65 | €840 | €769 | -€71 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €3,498 | -€3,680 | -€7,178 | |
| Profit (loss) for the period | 9904 | €3,498 | -€3,680 | -€7,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,498 | -€3,680 | -€7,178 |
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 15 October 2026 via checked.be.