JUTICON: 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.
JUTICON
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Tangible fixed assets +€70,537
up €70,537, from €0 to €70,537
of which Furniture and vehicles: +€66,715
- Cash -€65,133
down €65,133 (-45.0%), from €144,766 to €79,633
mainly Contributions, distributions and other (-€203,569) and Current investments (-€125,000)
- Other debts +€172,895
up €172,895 (+32065.1%), from €539 to €173,434
- Reserves -€136,056
down €136,056 (-100.0%), from €136,056 to €0
- Debts after one year +€45,718
new in 2025: €45,718
- Tax, wage and social debts +€34,481
up €34,481 (+226.5%), from €15,224 to €49,705
- Current portion of long-term debt +€12,396
new in 2025: €12,396
- Gross operating margin +€11,735
up €11,735 (+13.6%), from €86,050 to €97,785
- Depreciation +€7,406
up €7,406 (+315.5%), from €2,347 to €9,753
- Financial charges +€1,440
up €1,440 (+2666.2%), from €54 to €1,494
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 | €164,483 | €293,644 | +€129,161 | +78.5% |
| Formation expenses | 20 | €482 | €265 | -€217 | -45.1% |
| Fixed assets | 21/28 | €0 | €70,537 | +€70,537 | |
| Tangible fixed assets | 22/27 | €0 | €70,537 | +€70,537 | |
| Plant, machinery and equipment | 23 | - | €3,821 | +€3,821 | |
| Furniture and vehicles | 24 | €0 | €66,715 | +€66,715 | |
| Current assets | 29/58 | €164,001 | €222,843 | +€58,842 | +35.9% |
| Amounts receivable within one year | 40/41 | €18,000 | €16,700 | -€1,299 | -7.2% |
| Trade receivables | 40 | €17,979 | €16,700 | -€1,278 | -7.1% |
| Other amounts receivable | 41 | €21 | €0 | -€21 | -100.0% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €144,766 | €79,633 | -€65,133 | -45.0% |
| Deferred charges and accrued income | 490/1 | €1,235 | €1,510 | +€274 | +22.2% |
| Total equity and liabilities | 10/49 | €164,483 | €293,644 | +€129,161 | +78.5% |
| Equity | 10/15 | €148,056 | €12,000 | -€136,056 | -91.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €136,056 | €0 | -€136,056 | -100.0% |
| Distributable reserves | 133 | €136,056 | €0 | -€136,056 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,427 | €281,644 | +€265,217 | +1614.5% |
| Amounts payable after more than one year | 17 | - | €45,718 | +€45,718 | |
| Financial debts | 170/4 | - | €45,718 | +€45,718 | |
| Amounts payable within one year | 42/48 | €16,427 | €235,926 | +€219,499 | +1336.2% |
| Current portion of amounts payable after more than one year | 42 | - | €12,396 | +€12,396 | |
| Trade debts | 44 | €664 | €391 | -€273 | -41.1% |
| Suppliers | 440/4 | €664 | €391 | -€273 | -41.1% |
| Taxes, remuneration and social security | 45 | €15,224 | €49,705 | +€34,481 | +226.5% |
| Taxes | 450/3 | €15,224 | €49,705 | +€34,481 | +226.5% |
| Other amounts payable | 47/48 | €539 | €173,434 | +€172,895 | +32065.1% |
| Non-recurring operating income | 76A | - | €11,570 | +€11,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,347 | €9,753 | +€7,406 | +315.5% |
| Other operating charges | 640/8 | €720 | €739 | +€19 | +2.6% |
| Gross operating margin | 9900 | €86,050 | €97,785 | +€11,735 | +13.6% |
| Operating profit (loss) | 9901 | €82,982 | €87,293 | +€4,311 | +5.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €54 | €1,494 | +€1,440 | +2666.2% |
| Recurring financial charges | 65 | €54 | €1,494 | +€1,440 | +2666.2% |
| Profit (loss) for the period before taxes | 9903 | €82,928 | €85,799 | +€2,871 | +3.5% |
| Income taxes | 67/77 | €17,914 | €18,286 | +€372 | +2.1% |
| Profit (loss) for the period | 9904 | €65,014 | €67,513 | +€2,499 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,014 | €67,513 | +€2,499 | +3.8% |
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.