JUTEHANDEL: 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.
What changed
JUTEHANDEL
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€239,493
2024 · €395,796-€156,304
Equity
€1.9m
2024 · €2.6m-€760,507
Cash
€586,997
2024 · €1.3m-€732,181
Balance sheet total
€2.0m
2024 · €2.7m-€737,049
Largest movements
Assets
- Cash -€732,181
down €732,181 (-55.5%), from €1.3m to €586,997
mainly Contributions, distributions and other (-€1.0m) and Investment in fixed assets (net) (-€50,353)
Equity and liabilities
- Profit (loss) carried forward -€747,705
down €747,705 (-41.5%), from €1.8m to €1.1m
Income statement
- Financial income -€186,996
down €186,996 (-44.2%), from €423,390 to €236,394
- Turnover +€48,025
new in 2025: €48,025
- Gross operating margin +€40,470
up €40,470, from -€1,668 to €38,803
- Purchases and services +€12,222
new in 2025: €12,222
- Taxes +€4,793
up €4,793 (+2,372%), from €202 to €4,995
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.
Result 2024
€395,796
Gross operating margin
+€40,470
Depreciation
-€4,446
Other operating charges
-€519
Financial income
-€186,996
Financial charges
-€20
Taxes
-€4,793
Result 2025
€239,493
raises the resultlowers the result
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.
From operations
+€318,172
Investment
-€50,353
Financing
-€1.0m
Cash 2024
€1.3m
From operations (derived)
+€318,172
Net result for the year
+€239,493
Depreciation
+€34,945
Receivables within one year
+€18,682
Smaller working-capital items
+€3,225
Provisions
-€5,377
Trade debts
+€22,096
Accrued charges and deferred income
+€5,109
Investment (derived)
-€50,353
Investment in fixed assets (net)
-€50,353
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€586,997
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,736,016 | €1,998,967 | -€737,049 | -26.9% |
| Fixed assets | 21/28 | €1,394,187 | €1,409,594 | +€15,408 | +1.1% |
| Tangible fixed assets | 22/27 | €885,562 | €900,970 | +€15,408 | +1.7% |
| Land and buildings | 22 | €885,562 | €900,970 | +€15,408 | +1.7% |
| Financial fixed assets | 28 | €508,624 | €508,624 | = | 0.0% |
| Current assets | 29/58 | €1,341,830 | €589,373 | -€752,457 | -56.1% |
| Amounts receivable within one year | 40/41 | €21,058 | €2,376 | -€18,682 | -88.7% |
| Trade receivables | 40 | €9,775 | - | -€9,775 | |
| Other amounts receivable | 41 | €11,283 | €2,376 | -€8,907 | -78.9% |
| Cash at bank and in hand | 54/58 | €1,319,177 | €586,997 | -€732,181 | -55.5% |
| Deferred charges and accrued income | 490/1 | €1,594 | - | -€1,594 | |
| Total equity and liabilities | 10/49 | €2,736,016 | €1,998,967 | -€737,049 | -26.9% |
| Equity | 10/15 | €2,634,665 | €1,874,158 | -€760,507 | -28.9% |
| Contributions | 10/11 | €292,000 | €292,000 | = | 0.0% |
| Capital | 10 | €292,000 | €292,000 | = | 0.0% |
| Issued capital | 100 | €292,000 | €292,000 | = | 0.0% |
| Reserves | 13 | €538,876 | €526,074 | -€12,802 | -2.4% |
| Non-distributable reserves | 130/1 | €29,200 | €29,200 | = | 0.0% |
| Legal reserve | 130 | €29,200 | €29,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €293,959 | €281,157 | -€12,802 | -4.4% |
| Distributable reserves | 133 | €215,717 | €215,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,803,789 | €1,056,084 | -€747,705 | -41.5% |
| Provisions and deferred taxes | 16 | €101,312 | €95,935 | -€5,377 | -5.3% |
| Deferred taxes | 168 | €101,312 | €95,935 | -€5,377 | -5.3% |
| Amounts payable | 17/49 | €39 | €28,874 | +€28,835 | +74,742% |
| Amounts payable within one year | 42/48 | - | €23,727 | +€23,727 | |
| Trade debts | 44 | - | €22,096 | +€22,096 | |
| Suppliers | 440/4 | - | €22,096 | +€22,096 | |
| Taxes, remuneration and social security | 45 | - | €1,631 | +€1,631 | |
| Taxes | 450/3 | - | €1,631 | +€1,631 | |
| Accrued charges and deferred income | 492/3 | €39 | €5,148 | +€5,109 | +13,242% |
| Turnover | 70 | - | €48,025 | +€48,025 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,222 | +€12,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,499 | €34,945 | +€4,446 | +14.6% |
| Other operating charges | 640/8 | €216 | €735 | +€519 | +240% |
| Gross operating margin | 9900 | -€1,668 | €38,803 | +€40,470 | |
| Operating profit (loss) | 9901 | -€32,383 | €3,123 | +€35,506 | |
| Financial income | 75/76B | €423,390 | €236,394 | -€186,996 | -44.2% |
| Recurring financial income | 75 | €423,390 | €236,394 | -€186,996 | -44.2% |
| Financial charges | 65/66B | €386 | €407 | +€20 | +5.3% |
| Recurring financial charges | 65 | €386 | €407 | +€20 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €390,621 | €239,110 | -€151,511 | -38.8% |
| Transfer from deferred taxes | 780 | €5,377 | €5,377 | = | 0.0% |
| Income taxes | 67/77 | €202 | €4,995 | +€4,793 | +2,372% |
| Profit (loss) for the period | 9904 | €395,796 | €239,493 | -€156,304 | -39.5% |
| Transfer from tax-exempt reserves | 789 | €12,802 | €12,802 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €408,598 | €252,295 | -€156,304 | -38.3% |
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 18 October 2026 via checked.be.