Skip to content

JUTO: 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.

What changed

JUTO

BE 0793.623.514
NACE 16.210, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,037
2023 · €32,377-€29,340
Equity
€40,415
2023 · €37,377+€3,037
Cash
€15,048
2023 · €18,957-€3,909
Balance sheet total
€90,459
2023 · €51,576+€38,884

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€26,620

    up €26,620 (+1146.9%), from €2,321 to €28,940

    of which Furniture and vehicles: +€26,261

  • Receivables within one year +€17,767

    up €17,767 (+274.3%), from €6,476 to €24,243

    of which Other amounts receivable: +€14,221

  • Cash -€3,909

    down €3,909 (-20.6%), from €18,957 to €15,048

    mainly Investment in fixed assets (net) (-€31,784) and Receivables within one year (-€17,767)

  • Stocks and contracts -€1,631

    down €1,631 (-6.8%), from €23,821 to €22,190

Equity and liabilities
  • Debts after one year +€19,515

    new in 2024: €19,515

  • Current portion of long-term debt +€15,349

    new in 2024: €15,349

  • Profit (loss) carried forward +€3,037

    up €3,037 (+9.4%), from €32,377 to €35,415

  • Tax, wage and social debts +€979

    up €979 (+23.3%), from €4,200 to €5,179

Income statement
  • Gross operating margin -€30,513

    down €30,513 (-74.3%), from €41,072 to €10,559

  • Taxes -€7,256

    down €7,256 (-88.5%), from €8,200 to €944

  • Depreciation +€5,041

    up €5,041 (+4074.2%), from €124 to €5,164

  • Financial charges +€1,110

    up €1,110 (+345.6%), from €321 to €1,431

From the 2023 result to the 2024 result

effect on the 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 2023 €32,377
Gross operating margin -€30,513
Depreciation -€5,041
Other operating charges -€62
Financial income +€130
Financial charges -€1,110
Taxes +€7,256
Result 2024 €3,037

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€6,989
Investment -€31,784
Financing +€34,864
Cash 2023 €18,957
Net result for the year +€3,037
Depreciation +€5,164
Stocks and contracts +€1,631
Receivables within one year -€17,767
Smaller working-capital items -€33
Tax, wage and social debts +€979
Investment in fixed assets (net) -€31,784
Debts after one year +€19,515
Current portion of long-term debt +€15,349
Cash 2024 €15,048
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €51,576 €90,459 +€38,884 +75.4%
Fixed assets 21/28 €2,321 €28,940 +€26,620 +1146.9%
Tangible fixed assets 22/27 €2,321 €28,940 +€26,620 +1146.9%
Plant, machinery and equipment 23 - €359 +€359
Furniture and vehicles 24 €2,321 €28,582 +€26,261 +1131.5%
Current assets 29/58 €49,255 €61,519 +€12,264 +24.9%
Stocks and contracts in progress 3 €23,821 €22,190 -€1,631 -6.8%
Stocks 30/36 €23,821 €22,190 -€1,631 -6.8%
Amounts receivable within one year 40/41 €6,476 €24,243 +€17,767 +274.3%
Trade receivables 40 €6,401 €9,946 +€3,546 +55.4%
Other amounts receivable 41 €76 €14,297 +€14,221 +18798.5%
Cash at bank and in hand 54/58 €18,957 €15,048 -€3,909 -20.6%
Deferred charges and accrued income 490/1 - €37 +€37
Total equity and liabilities 10/49 €51,576 €90,459 +€38,884 +75.4%
Equity 10/15 €37,377 €40,415 +€3,037 +8.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €32,377 €35,415 +€3,037 +9.4%
Amounts payable 17/49 €14,198 €50,045 +€35,846 +252.5%
Amounts payable after more than one year 17 - €19,515 +€19,515
Financial debts 170/4 - €19,515 +€19,515
Amounts payable within one year 42/48 €14,198 €30,529 +€16,331 +115.0%
Current portion of amounts payable after more than one year 42 - €15,349 +€15,349
Trade debts 44 €9,998 €10,002 +€4 0.0%
Suppliers 440/4 €9,998 €10,002 +€4 0.0%
Taxes, remuneration and social security 45 €4,200 €5,179 +€979 +23.3%
Taxes 450/3 €4,200 €5,179 +€979 +23.3%
Remuneration, social security and pensions 62 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €124 €5,164 +€5,041 +4074.2%
Other operating charges 640/8 €50 €112 +€62 +123.1%
Gross operating margin 9900 €41,072 €10,559 -€30,513 -74.3%
Operating profit (loss) 9901 €40,899 €5,283 -€35,615 -87.1%
Financial income 75/76B €0 €130 +€130 +216416.7%
Recurring financial income 75 €0 €130 +€130 +216416.7%
Financial charges 65/66B €321 €1,431 +€1,110 +345.6%
Recurring financial charges 65 €321 €1,431 +€1,110 +345.6%
Profit (loss) for the period before taxes 9903 €40,577 €3,982 -€36,596 -90.2%
Income taxes 67/77 €8,200 €944 -€7,256 -88.5%
Profit (loss) for the period 9904 €32,377 €3,037 -€29,340 -90.6%
Profit (loss) for the period to be appropriated 9905 €32,377 €3,037 -€29,340 -90.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.