IUSTUS: 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.
IUSTUS
Largest movements
- Cash -€144,567
down €144,567 (-13.5%), from €1.1m to €929,742
mainly Contributions, distributions and other (-€132,000) and Other debts (-€86,809)
- Receivables within one year -€17,382
down €17,382 (-18.9%), from €91,952 to €74,570
of which Trade receivables: -€33,693
- Other debts -€86,809
down €86,809 (-38.9%), from €223,224 to €136,415
- Reserves -€40,400
down €40,400 (-6.3%), from €642,360 to €601,960
- Tax, wage and social debts -€32,115
down €32,115 (-68.5%), from €46,865 to €14,750
of which Taxes: -€23,257
- Gross operating margin -€119,782
down €119,782 (-43.2%), from €277,398 to €157,616
- Staff costs -€30,033
down €30,033 (-58.1%), from €51,701 to €21,668
- Taxes -€27,095
down €27,095 (-37.8%), from €71,693 to €44,598
- Financial income +€3,653
up €3,653 (+166%), from €2,194 to €5,848
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 | €1,182,835 | €1,017,653 | -€165,183 | -14.0% |
| Fixed assets | 21/28 | €15,498 | €12,215 | -€3,283 | -21.2% |
| Tangible fixed assets | 22/27 | €15,333 | €12,050 | -€3,283 | -21.4% |
| Furniture and vehicles | 24 | €6,737 | €4,492 | -€2,246 | -33.3% |
| Other tangible fixed assets | 26 | €8,596 | €7,558 | -€1,038 | -12.1% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €1,167,338 | €1,005,438 | -€161,899 | -13.9% |
| Amounts receivable within one year | 40/41 | €91,952 | €74,570 | -€17,382 | -18.9% |
| Trade receivables | 40 | €80,754 | €47,061 | -€33,693 | -41.7% |
| Other amounts receivable | 41 | €11,198 | €27,509 | +€16,310 | +146% |
| Cash at bank and in hand | 54/58 | €1,074,309 | €929,742 | -€144,567 | -13.5% |
| Deferred charges and accrued income | 490/1 | €1,077 | €1,127 | +€50 | +4.6% |
| Total equity and liabilities | 10/49 | €1,182,835 | €1,017,653 | -€165,183 | -14.0% |
| Equity | 10/15 | €902,633 | €862,275 | -€40,359 | -4.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €642,360 | €601,960 | -€40,400 | -6.3% |
| Distributable reserves | 133 | €642,360 | €601,960 | -€40,400 | -6.3% |
| Profit (loss) carried forward | 14 | €247,873 | €247,915 | +€41 | 0.0% |
| Amounts payable | 17/49 | €280,202 | €155,378 | -€124,824 | -44.5% |
| Amounts payable within one year | 42/48 | €280,202 | €155,378 | -€124,824 | -44.5% |
| Trade debts | 44 | €10,113 | €4,213 | -€5,900 | -58.3% |
| Suppliers | 440/4 | €10,113 | €4,213 | -€5,900 | -58.3% |
| Taxes, remuneration and social security | 45 | €46,865 | €14,750 | -€32,115 | -68.5% |
| Taxes | 450/3 | €38,007 | €14,750 | -€23,257 | -61.2% |
| Remuneration and social security | 454/9 | €8,859 | - | -€8,859 | |
| Other amounts payable | 47/48 | €223,224 | €136,415 | -€86,809 | -38.9% |
| Remuneration, social security and pensions | 62 | €51,701 | €21,668 | -€30,033 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,656 | €3,283 | -€372 | -10.2% |
| Other operating charges | 640/8 | €1,350 | €1,764 | +€414 | +30.6% |
| Gross operating margin | 9900 | €277,398 | €157,616 | -€119,782 | -43.2% |
| Operating profit (loss) | 9901 | €220,691 | €130,901 | -€89,790 | -40.7% |
| Financial income | 75/76B | €2,194 | €5,848 | +€3,653 | +166% |
| Recurring financial income | 75 | €2,194 | €5,848 | +€3,653 | +166% |
| Financial charges | 65/66B | €357 | €509 | +€151 | +42.3% |
| Recurring financial charges | 65 | €357 | €509 | +€151 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €222,528 | €136,240 | -€86,288 | -38.8% |
| Income taxes | 67/77 | €71,693 | €44,598 | -€27,095 | -37.8% |
| Profit (loss) for the period | 9904 | €150,835 | €91,641 | -€59,194 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €150,835 | €91,641 | -€59,194 | -39.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.