Juthose: 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.
Juthose
Largest movements
- Tangible fixed assets +€142,496
up €142,496 (+83.1%), from €171,559 to €314,055
of which Other tangible fixed assets: +€129,984
- Cash -€43,182
down €43,182 (-30.9%), from €139,849 to €96,667
mainly Investment in fixed assets (net) (-€191,685) and Receivables within one year (-€23,300)
- Receivables within one year +€23,300
up €23,300 (+326.9%), from €7,127 to €30,427
of which Trade receivables: +€24,243
- Deferred charges and accrued income +€19,091
up €19,091 (+450.1%), from €4,242 to €23,333
- Debts after one year +€64,753
up €64,753 (+84.1%), from €76,956 to €141,709
- Trade debts +€44,561
up €44,561 (+69.4%), from €64,172 to €108,733
- Reserves +€21,592
up €21,592 (+16.5%), from €130,893 to €152,485
- Current portion of long-term debt +€19,446
up €19,446 (+106.5%), from €18,259 to €37,705
- Tax, wage and social debts -€6,638
down €6,638 (-18.7%), from €35,589 to €28,951
of which Taxes: -€5,747
- Gross operating margin -€15,688
down €15,688 (-4.3%), from €365,058 to €349,370
- Depreciation +€13,468
up €13,468 (+37.7%), from €35,721 to €49,189
- Taxes -€7,951
down €7,951 (-48.0%), from €16,557 to €8,606
- Financial charges +€5,530
up €5,530 (+99.7%), from €5,548 to €11,078
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 | €332,502 | €477,543 | +€145,040 | +43.6% |
| Fixed assets | 21/28 | €171,559 | €314,055 | +€142,496 | +83.1% |
| Tangible fixed assets | 22/27 | €171,559 | €314,055 | +€142,496 | +83.1% |
| Plant, machinery and equipment | 23 | €14,868 | €35,158 | +€20,290 | +136.5% |
| Furniture and vehicles | 24 | €38,310 | €62,213 | +€23,903 | +62.4% |
| Leasing and similar rights | 25 | €60,329 | €28,648 | -€31,681 | -52.5% |
| Other tangible fixed assets | 26 | €58,051 | €188,035 | +€129,984 | +223.9% |
| Current assets | 29/58 | €160,944 | €163,488 | +€2,544 | +1.6% |
| Stocks and contracts in progress | 3 | €4,826 | €5,761 | +€935 | +19.4% |
| Stocks | 30/36 | €4,826 | €5,761 | +€935 | +19.4% |
| Amounts receivable within one year | 40/41 | €7,127 | €30,427 | +€23,300 | +326.9% |
| Trade receivables | 40 | €3,818 | €28,061 | +€24,243 | +635.0% |
| Other amounts receivable | 41 | €3,309 | €2,365 | -€943 | -28.5% |
| Current investments | 50/53 | €4,900 | €7,300 | +€2,400 | +49.0% |
| Cash at bank and in hand | 54/58 | €139,849 | €96,667 | -€43,182 | -30.9% |
| Deferred charges and accrued income | 490/1 | €4,242 | €23,333 | +€19,091 | +450.1% |
| Total equity and liabilities | 10/49 | €332,502 | €477,543 | +€145,040 | +43.6% |
| Equity | 10/15 | €137,193 | €158,785 | +€21,592 | +15.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €130,893 | €152,485 | +€21,592 | +16.5% |
| Distributable reserves | 133 | €130,893 | €152,485 | +€21,592 | +16.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €195,309 | €318,757 | +€123,448 | +63.2% |
| Amounts payable after more than one year | 17 | €76,956 | €141,709 | +€64,753 | +84.1% |
| Financial debts | 170/4 | €76,956 | €141,709 | +€64,753 | +84.1% |
| Amounts payable within one year | 42/48 | €118,354 | €177,049 | +€58,695 | +49.6% |
| Current portion of amounts payable after more than one year | 42 | €18,259 | €37,705 | +€19,446 | +106.5% |
| Trade debts | 44 | €64,172 | €108,733 | +€44,561 | +69.4% |
| Suppliers | 440/4 | €64,172 | €108,733 | +€44,561 | +69.4% |
| Taxes, remuneration and social security | 45 | €35,589 | €28,951 | -€6,638 | -18.7% |
| Taxes | 450/3 | €9,887 | €4,140 | -€5,747 | -58.1% |
| Remuneration and social security | 454/9 | €25,702 | €24,811 | -€891 | -3.5% |
| Other amounts payable | 47/48 | €333 | €1,660 | +€1,327 | +397.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €255,062 | €252,734 | -€2,328 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,721 | €49,189 | +€13,468 | +37.7% |
| Other operating charges | 640/8 | €9,773 | €9,932 | +€159 | +1.6% |
| Gross operating margin | 9900 | €365,058 | €349,370 | -€15,688 | -4.3% |
| Operating profit (loss) | 9901 | €64,502 | €37,516 | -€26,987 | -41.8% |
| Financial income | 75/76B | €476 | €3,760 | +€3,284 | +689.2% |
| Recurring financial income | 75 | €476 | €3,760 | +€3,284 | +689.2% |
| Financial charges | 65/66B | €5,548 | €11,078 | +€5,530 | +99.7% |
| Recurring financial charges | 65 | €5,548 | €11,078 | +€5,530 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €59,431 | €30,198 | -€29,233 | -49.2% |
| Income taxes | 67/77 | €16,557 | €8,606 | -€7,951 | -48.0% |
| Profit (loss) for the period | 9904 | €42,874 | €21,592 | -€21,282 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,874 | €21,592 | -€21,282 | -49.6% |
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.