JUSTOBE: 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.
JUSTOBE
Largest movements
- Tangible fixed assets -€75,953
down €75,953 (-3.2%), from €2.4m to €2.3m
of which Plant, machinery and equipment: -€48,487
- Cash +€41,840
up €41,840 (+119.3%), from €35,069 to €76,909
mainly Depreciation (+€80,582) and Trade debts (+€5,652)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€15,725
up €15,725 (+27.9%), from €56,303 to €72,028
- Other operating charges +€4,731
up €4,731 (+127.6%), from €3,706 to €8,437
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 | €2,413,415 | €2,385,805 | -€27,610 | -1.1% |
| Fixed assets | 21/28 | €2,373,367 | €2,297,414 | -€75,953 | -3.2% |
| Tangible fixed assets | 22/27 | €2,373,367 | €2,297,414 | -€75,953 | -3.2% |
| Land and buildings | 22 | €708,856 | €688,602 | -€20,254 | -2.9% |
| Plant, machinery and equipment | 23 | €1,641,441 | €1,592,954 | -€48,487 | -3.0% |
| Furniture and vehicles | 24 | €23,070 | €15,858 | -€7,212 | -31.3% |
| Current assets | 29/58 | €40,048 | €88,392 | +€48,343 | +120.7% |
| Amounts receivable within one year | 40/41 | €4,979 | €9,546 | +€4,566 | +91.7% |
| Trade receivables | 40 | €208 | €4,751 | +€4,542 | +2180.3% |
| Other amounts receivable | 41 | €4,771 | €4,795 | +€24 | +0.5% |
| Cash at bank and in hand | 54/58 | €35,069 | €76,909 | +€41,840 | +119.3% |
| Deferred charges and accrued income | 490/1 | - | €1,937 | +€1,937 | |
| Total equity and liabilities | 10/49 | €2,413,415 | €2,385,805 | -€27,610 | -1.1% |
| Equity | 10/15 | -€102,431 | -€120,225 | -€17,795 | -17.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,465 | -€252,216 | -€13,751 | -5.8% |
| Investment grants | 15 | €126,034 | €121,990 | -€4,044 | -3.2% |
| Amounts payable | 17/49 | €2,515,846 | €2,506,031 | -€9,815 | -0.4% |
| Amounts payable after more than one year | 17 | €11,041 | €14,504 | +€3,463 | +31.4% |
| Other amounts payable | 178/9 | €11,041 | €14,504 | +€3,463 | +31.4% |
| Amounts payable within one year | 42/48 | €2,504,805 | €2,491,526 | -€13,278 | -0.5% |
| Trade debts | 44 | €14 | €5,666 | +€5,652 | +41136.7% |
| Suppliers | 440/4 | €14 | €5,666 | +€5,652 | +41136.7% |
| Other amounts payable | 47/48 | €2,504,791 | €2,485,861 | -€18,930 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,094 | €80,582 | +€488 | +0.6% |
| Other operating charges | 640/8 | €3,706 | €8,437 | +€4,731 | +127.6% |
| Gross operating margin | 9900 | €56,303 | €72,028 | +€15,725 | +27.9% |
| Operating profit (loss) | 9901 | -€27,496 | -€16,991 | +€10,506 | +38.2% |
| Financial income | 75/76B | €3,707 | €4,044 | +€337 | +9.1% |
| Recurring financial income | 75 | €3,707 | €4,044 | +€337 | +9.1% |
| Financial charges | 65/66B | €972 | €804 | -€168 | -17.3% |
| Recurring financial charges | 65 | €972 | €804 | -€168 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,761 | -€13,751 | +€11,010 | +44.5% |
| Profit (loss) for the period | 9904 | -€24,761 | -€13,751 | +€11,010 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,761 | -€13,751 | +€11,010 | +44.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.