JUCEMA: 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.
JUCEMA
Largest movements
- Tangible fixed assets -€12,771
down €12,771 (-46.1%), from €27,722 to €14,951
- Receivables within one year +€6,817
up €6,817 (+4.1%), from €165,125 to €171,942
of which Trade receivables: +€13,679
- Deferred charges and accrued income +€3,785
up €3,785 (+37.5%), from €10,094 to €13,879
- Debts after one year -€6,893
down €6,893 (-100%), from €6,893 to €0
- Other debts +€6,510
up €6,510 (+26.3%), from €24,712 to €31,222
- Financial charges +€1,841
up €1,841 (+390%), from €472 to €2,313
- Gross operating margin +€1,530
up €1,530 (+9.2%), from €16,592 to €18,122
- Other operating charges -€599
down €599 (-26.7%), from €2,248 to €1,649
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.
Derived cash bridge
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 | €371,932 | €370,097 | -€1,836 | -0.5% |
| Fixed assets | 21/28 | €196,587 | €183,816 | -€12,771 | -6.5% |
| Tangible fixed assets | 22/27 | €27,722 | €14,951 | -€12,771 | -46.1% |
| Furniture and vehicles | 24 | €27,722 | €14,951 | -€12,771 | -46.1% |
| Financial fixed assets | 28 | €168,865 | €168,865 | = | 0.0% |
| Current assets | 29/58 | €175,346 | €186,281 | +€10,935 | +6.2% |
| Amounts receivable within one year | 40/41 | €165,125 | €171,942 | +€6,817 | +4.1% |
| Trade receivables | 40 | €38,601 | €52,280 | +€13,679 | +35.4% |
| Other amounts receivable | 41 | €126,524 | €119,662 | -€6,862 | -5.4% |
| Cash at bank and in hand | 54/58 | €127 | €460 | +€333 | +262% |
| Deferred charges and accrued income | 490/1 | €10,094 | €13,879 | +€3,785 | +37.5% |
| Total equity and liabilities | 10/49 | €371,932 | €370,097 | -€1,836 | -0.5% |
| Equity | 10/15 | €303,644 | €304,169 | +€525 | +0.2% |
| Contributions | 10/11 | €107,500 | €107,500 | = | 0.0% |
| Capital | 10 | €107,500 | €107,500 | = | 0.0% |
| Issued capital | 100 | €107,500 | €107,500 | = | 0.0% |
| Revaluation surpluses | 12 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €10,750 | €10,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,750 | €10,750 | = | 0.0% |
| Legal reserve | 130 | €10,750 | €10,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,394 | €135,919 | +€525 | +0.4% |
| Amounts payable | 17/49 | €68,288 | €65,928 | -€2,361 | -3.5% |
| Amounts payable after more than one year | 17 | €6,893 | €0 | -€6,893 | -100% |
| Financial debts | 170/4 | €6,893 | €0 | -€6,893 | -100% |
| Amounts payable within one year | 42/48 | €53,328 | €55,730 | +€2,403 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €10,207 | €6,893 | -€3,314 | -32.5% |
| Trade debts | 44 | €795 | €571 | -€224 | -28.2% |
| Suppliers | 440/4 | €795 | €571 | -€224 | -28.2% |
| Taxes, remuneration and social security | 45 | €17,614 | €17,045 | -€569 | -3.2% |
| Taxes | 450/3 | €17,614 | €17,045 | -€569 | -3.2% |
| Other amounts payable | 47/48 | €24,712 | €31,222 | +€6,510 | +26.3% |
| Accrued charges and deferred income | 492/3 | €8,067 | €10,197 | +€2,130 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,818 | €12,771 | -€47 | -0.4% |
| Other operating charges | 640/8 | €2,248 | €1,649 | -€599 | -26.7% |
| Gross operating margin | 9900 | €16,592 | €18,122 | +€1,530 | +9.2% |
| Operating profit (loss) | 9901 | €1,526 | €3,703 | +€2,176 | +143% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100% |
| Financial charges | 65/66B | €472 | €2,313 | +€1,841 | +390% |
| Recurring financial charges | 65 | €472 | €2,313 | +€1,841 | +390% |
| Profit (loss) for the period before taxes | 9903 | €1,104 | €1,390 | +€285 | +25.8% |
| Income taxes | 67/77 | €990 | €865 | -€125 | -12.6% |
| Profit (loss) for the period | 9904 | €114 | €525 | +€411 | +359% |
| Profit (loss) for the period to be appropriated | 9905 | €114 | €525 | +€411 | +359% |
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 25 October 2026 via checked.be.