JUSTUS: 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.
JUSTUS
Largest movements
- Cash +€49,504
up €49,504 (+42.1%), from €117,496 to €167,000
mainly Receivables within one year (+€23,108) and Net result for the year (+€20,062)
- Receivables within one year -€23,108
down €23,108 (-67.7%), from €34,155 to €11,046
of which Other amounts receivable: -€18,539
- Tangible fixed assets -€10,040
down €10,040 (-37.4%), from €26,834 to €16,794
- Reserves +€20,062
up €20,062 (+6.6%), from €304,714 to €324,776
of which Distributable reserves: +€20,062
- Gross operating margin +€32,405
up €32,405 (+940.5%), from €3,446 to €35,851
- Taxes +€8,568
up €8,568 (+1344.2%), from €637 to €9,206
- Other operating charges +€3,021
up €3,021 (+432.3%), from €699 to €3,720
- Depreciation -€2,246
down €2,246 (-20.9%), from €10,747 to €8,500
- Financial charges -€758
down €758 (-83.9%), from €903 to €145
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 | €328,767 | €345,357 | +€16,590 | +5.0% |
| Fixed assets | 21/28 | €26,834 | €16,794 | -€10,040 | -37.4% |
| Tangible fixed assets | 22/27 | €26,834 | €16,794 | -€10,040 | -37.4% |
| Furniture and vehicles | 24 | €26,834 | €16,794 | -€10,040 | -37.4% |
| Current assets | 29/58 | €301,933 | €328,563 | +€26,630 | +8.8% |
| Amounts receivable within one year | 40/41 | €34,155 | €11,046 | -€23,108 | -67.7% |
| Trade receivables | 40 | €8,874 | €4,305 | -€4,569 | -51.5% |
| Other amounts receivable | 41 | €25,280 | €6,741 | -€18,539 | -73.3% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,496 | €167,000 | +€49,504 | +42.1% |
| Deferred charges and accrued income | 490/1 | €282 | €517 | +€234 | +83.0% |
| Total equity and liabilities | 10/49 | €328,767 | €345,357 | +€16,590 | +5.0% |
| Equity | 10/15 | €313,961 | €334,024 | +€20,062 | +6.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €304,714 | €324,776 | +€20,062 | +6.6% |
| 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 | €302,854 | €322,916 | +€20,062 | +6.6% |
| Profit (loss) carried forward | 14 | -€3,152 | -€3,152 | = | 0.0% |
| Amounts payable | 17/49 | €14,805 | €11,333 | -€3,472 | -23.5% |
| Amounts payable within one year | 42/48 | €14,805 | €11,333 | -€3,472 | -23.5% |
| Trade debts | 44 | €7,911 | €7,658 | -€253 | -3.2% |
| Suppliers | 440/4 | €7,911 | €7,658 | -€253 | -3.2% |
| Taxes, remuneration and social security | 45 | €6,895 | €3,675 | -€3,220 | -46.7% |
| Taxes | 450/3 | €6,895 | €3,675 | -€3,220 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,747 | €8,500 | -€2,246 | -20.9% |
| Other operating charges | 640/8 | €699 | €3,720 | +€3,021 | +432.3% |
| Gross operating margin | 9900 | €3,446 | €35,851 | +€32,405 | +940.5% |
| Operating profit (loss) | 9901 | -€8,000 | €23,631 | +€31,631 | |
| Financial income | 75/76B | €6,388 | €5,782 | -€606 | -9.5% |
| Recurring financial income | 75 | €6,388 | €5,782 | -€606 | -9.5% |
| Financial charges | 65/66B | €903 | €145 | -€758 | -83.9% |
| Recurring financial charges | 65 | €903 | €145 | -€758 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,515 | €29,268 | +€31,783 | |
| Income taxes | 67/77 | €637 | €9,206 | +€8,568 | +1344.2% |
| Profit (loss) for the period | 9904 | -€3,152 | €20,062 | +€23,215 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,152 | €20,062 | +€23,215 |
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 5 October 2026 via checked.be.