Jutti: 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.
Jutti
Largest movements
- Tangible fixed assets -€106,303
down €106,303 (-19.9%), from €535,403 to €429,100
of which Plant, machinery and equipment: -€102,410
- Cash +€72,614
up €72,614 (+41.2%), from €176,189 to €248,803
mainly Depreciation (+€124,827) and Net result for the year (+€94,015)
- Receivables within one year +€10,167
up €10,167 (+22.6%), from €44,988 to €55,155
of which Other amounts receivable: +€33,273
- Deferred charges and accrued income -€8,635
down €8,635 (-77.4%), from €11,155 to €2,519
- Debts after one year -€117,832
down €117,832 (-45.4%), from €259,779 to €141,947
- Reserves +€94,015
up €94,015 (+26.0%), from €362,151 to €456,166
- Current portion of long-term debt -€8,473
down €8,473 (-32.2%), from €26,305 to €17,832
- Gross operating margin -€135,723
down €135,723 (-23.7%), from €573,222 to €437,499
- Taxes -€36,503
down €36,503 (-52.1%), from €70,127 to €33,624
- Staff costs -€31,008
down €31,008 (-15.0%), from €207,209 to €176,201
- Depreciation +€8,371
up €8,371 (+7.2%), from €116,456 to €124,827
- Financial charges -€6,933
down €6,933 (-48.0%), from €14,444 to €7,511
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 | €792,779 | €759,684 | -€33,094 | -4.2% |
| Fixed assets | 21/28 | €549,736 | €441,433 | -€108,303 | -19.7% |
| Intangible fixed assets | 21 | €14,333 | €12,333 | -€2,000 | -14.0% |
| Tangible fixed assets | 22/27 | €535,403 | €429,100 | -€106,303 | -19.9% |
| Plant, machinery and equipment | 23 | €505,500 | €403,091 | -€102,410 | -20.3% |
| Other tangible fixed assets | 26 | €29,903 | €26,009 | -€3,894 | -13.0% |
| Current assets | 29/58 | €243,042 | €318,251 | +€75,209 | +30.9% |
| Stocks and contracts in progress | 3 | €10,710 | €11,774 | +€1,063 | +9.9% |
| Stocks | 30/36 | €10,710 | €11,774 | +€1,063 | +9.9% |
| Amounts receivable within one year | 40/41 | €44,988 | €55,155 | +€10,167 | +22.6% |
| Trade receivables | 40 | €44,948 | €21,842 | -€23,106 | -51.4% |
| Other amounts receivable | 41 | €40 | €33,314 | +€33,273 | +83059.0% |
| Cash at bank and in hand | 54/58 | €176,189 | €248,803 | +€72,614 | +41.2% |
| Deferred charges and accrued income | 490/1 | €11,155 | €2,519 | -€8,635 | -77.4% |
| Total equity and liabilities | 10/49 | €792,779 | €759,684 | -€33,094 | -4.2% |
| Equity | 10/15 | €372,151 | €466,166 | +€94,015 | +25.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €362,151 | €456,166 | +€94,015 | +26.0% |
| Distributable reserves | 133 | €362,151 | €456,166 | +€94,015 | +26.0% |
| Amounts payable | 17/49 | €420,628 | €293,519 | -€127,109 | -30.2% |
| Amounts payable after more than one year | 17 | €259,779 | €141,947 | -€117,832 | -45.4% |
| Financial debts | 170/4 | €259,779 | €141,947 | -€117,832 | -45.4% |
| Amounts payable within one year | 42/48 | €149,548 | €135,266 | -€14,283 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €26,305 | €17,832 | -€8,473 | -32.2% |
| Financial debts | 43 | €5,643 | €0 | -€5,643 | -100.0% |
| Credit institutions | 430/8 | €5,643 | €0 | -€5,643 | -100.0% |
| Trade debts | 44 | €83,203 | €89,950 | +€6,747 | +8.1% |
| Suppliers | 440/4 | €83,203 | €89,950 | +€6,747 | +8.1% |
| Taxes, remuneration and social security | 45 | €28,411 | €24,416 | -€3,995 | -14.1% |
| Taxes | 450/3 | €5,478 | €0 | -€5,478 | -100.0% |
| Remuneration and social security | 454/9 | €22,933 | €24,416 | +€1,482 | +6.5% |
| Other amounts payable | 47/48 | €5,986 | €3,068 | -€2,918 | -48.7% |
| Accrued charges and deferred income | 492/3 | €11,300 | €16,306 | +€5,005 | +44.3% |
| Remuneration, social security and pensions | 62 | €207,209 | €176,201 | -€31,008 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,456 | €124,827 | +€8,371 | +7.2% |
| Other operating charges | 640/8 | €1,049 | €1,320 | +€272 | +25.9% |
| Gross operating margin | 9900 | €573,222 | €437,499 | -€135,723 | -23.7% |
| Operating profit (loss) | 9901 | €248,508 | €135,151 | -€113,357 | -45.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +81.8% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +81.8% |
| Financial charges | 65/66B | €14,444 | €7,511 | -€6,933 | -48.0% |
| Recurring financial charges | 65 | €14,444 | €7,511 | -€6,933 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €234,064 | €127,639 | -€106,424 | -45.5% |
| Income taxes | 67/77 | €70,127 | €33,624 | -€36,503 | -52.1% |
| Profit (loss) for the period | 9904 | €163,937 | €94,015 | -€69,922 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €163,937 | €94,015 | -€69,922 | -42.7% |
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 12 October 2026 via checked.be.