JUTHA: 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.
JUTHA
Largest movements
- Tangible fixed assets +€58,343
up €58,343 (+160.6%), from €36,327 to €94,671
of which Land and buildings: +€60,313
- Receivables within one year -€37,203
down €37,203 (-89.3%), from €41,664 to €4,461
of which Trade receivables: -€27,071
- Cash +€3,307
up €3,307 (+1.6%), from €203,707 to €207,014
mainly Receivables within one year (+€37,203) and Net result for the year (+€36,868)
- Reserves +€36,868
up €36,868 (+16.1%), from €228,347 to €265,215
- Tax, wage and social debts -€15,136
down €15,136 (-59.0%), from €25,642 to €10,506
of which Remuneration and social security: -€10,664
- Other debts +€9,909
up €9,909 (+739.6%), from €1,340 to €11,249
- Trade debts -€7,747
down €7,747 (-55.8%), from €13,886 to €6,138
- Gross operating margin -€13,640
down €13,640 (-6.0%), from €226,166 to €212,525
- Taxes +€5,655
up €5,655 (+50.2%), from €11,266 to €16,921
- Financial charges -€4,899
down €4,899 (-95.1%), from €5,149 to €250
- Other operating charges -€4,847
down €4,847 (-75.2%), from €6,447 to €1,600
- Depreciation +€3,498
up €3,498 (+45.1%), from €7,762 to €11,261
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 | €287,815 | €311,708 | +€23,893 | +8.3% |
| Fixed assets | 21/28 | €40,398 | €98,741 | +€58,343 | +144.4% |
| Tangible fixed assets | 22/27 | €36,327 | €94,671 | +€58,343 | +160.6% |
| Land and buildings | 22 | €18,168 | €78,480 | +€60,313 | +332.0% |
| Plant, machinery and equipment | 23 | €9,281 | €10,257 | +€976 | +10.5% |
| Furniture and vehicles | 24 | €8,878 | €5,933 | -€2,945 | -33.2% |
| Financial fixed assets | 28 | €4,070 | €4,070 | = | 0.0% |
| Current assets | 29/58 | €247,417 | €212,967 | -€34,450 | -13.9% |
| Stocks and contracts in progress | 3 | €2,046 | €1,492 | -€555 | -27.1% |
| Stocks | 30/36 | €2,046 | €1,492 | -€555 | -27.1% |
| Amounts receivable within one year | 40/41 | €41,664 | €4,461 | -€37,203 | -89.3% |
| Trade receivables | 40 | €27,071 | - | -€27,071 | |
| Other amounts receivable | 41 | €14,593 | €4,461 | -€10,131 | -69.4% |
| Cash at bank and in hand | 54/58 | €203,707 | €207,014 | +€3,307 | +1.6% |
| Total equity and liabilities | 10/49 | €287,815 | €311,708 | +€23,893 | +8.3% |
| Equity | 10/15 | €246,947 | €283,815 | +€36,868 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €228,347 | €265,215 | +€36,868 | +16.1% |
| Distributable reserves | 133 | €228,347 | €265,215 | +€36,868 | +16.1% |
| Amounts payable | 17/49 | €40,868 | €27,893 | -€12,975 | -31.7% |
| Amounts payable within one year | 42/48 | €40,868 | €27,893 | -€12,975 | -31.7% |
| Trade debts | 44 | €13,886 | €6,138 | -€7,747 | -55.8% |
| Suppliers | 440/4 | €13,886 | €6,138 | -€7,747 | -55.8% |
| Taxes, remuneration and social security | 45 | €25,642 | €10,506 | -€15,136 | -59.0% |
| Taxes | 450/3 | €4,472 | - | -€4,472 | |
| Remuneration and social security | 454/9 | €21,170 | €10,506 | -€10,664 | -50.4% |
| Other amounts payable | 47/48 | €1,340 | €11,249 | +€9,909 | +739.6% |
| Remuneration, social security and pensions | 62 | €146,003 | €147,006 | +€1,003 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,762 | €11,261 | +€3,498 | +45.1% |
| Other operating charges | 640/8 | €6,447 | €1,600 | -€4,847 | -75.2% |
| Gross operating margin | 9900 | €226,166 | €212,525 | -€13,640 | -6.0% |
| Operating profit (loss) | 9901 | €65,952 | €52,659 | -€13,294 | -20.2% |
| Financial income | 75/76B | €1,012 | €1,381 | +€369 | +36.5% |
| Recurring financial income | 75 | €1,012 | €1,381 | +€369 | +36.5% |
| Financial charges | 65/66B | €5,149 | €250 | -€4,899 | -95.1% |
| Recurring financial charges | 65 | €5,149 | €250 | -€4,899 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €61,815 | €53,789 | -€8,026 | -13.0% |
| Income taxes | 67/77 | €11,266 | €16,921 | +€5,655 | +50.2% |
| Profit (loss) for the period | 9904 | €50,549 | €36,868 | -€13,681 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,549 | €36,868 | -€13,681 | -27.1% |
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 9 October 2026 via checked.be.