ECURIE JPC: 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.
ECURIE JPC
Largest movements
- Tangible fixed assets +€29,055
up €29,055 (+16.0%), from €181,931 to €210,985
of which Plant, machinery and equipment: +€23,213
- Deferred charges and accrued income -€5,860
down €5,860 (-98.8%), from €5,934 to €74
- Receivables within one year -€3,347
down €3,347 (-30.3%), from €11,034 to €7,688
of which Trade receivables: -€3,347
- Profit (loss) carried forward -€11,295
down €11,295 (-83.8%), from €13,487 to €2,192
- Other debts +€8,554
up €8,554 (+181%), from €4,731 to €13,285
- Tax, wage and social debts +€6,231
up €6,231 (+167%), from €3,723 to €9,954
of which Remuneration and social security: +€3,946
- Debts after one year +€4,133
up €4,133 (+3.3%), from €127,100 to €131,233
- Current portion of long-term debt +€3,893
up €3,893 (+20.9%), from €18,599 to €22,492
- Turnover -€109,276
no longer reported in 2025 (was €109,276)
- Purchases and services -€92,455
no longer reported in 2025 (was €92,455)
- Gross operating margin +€25,747
up €25,747 (+115%), from €22,411 to €48,158
- Staff costs +€23,508
up €23,508 (+2,255%), from €1,042 to €24,551
- Financial charges +€9,386
up €9,386 (+316%), from €2,968 to €12,353
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 | €201,476 | €219,751 | +€18,276 | +9.1% |
| Fixed assets | 21/28 | €182,314 | €211,369 | +€29,055 | +15.9% |
| Tangible fixed assets | 22/27 | €181,931 | €210,985 | +€29,055 | +16.0% |
| Land and buildings | 22 | €148,275 | €136,188 | -€12,087 | -8.2% |
| Plant, machinery and equipment | 23 | €33,656 | €56,869 | +€23,213 | +69.0% |
| Furniture and vehicles | 24 | - | €17,929 | +€17,929 | |
| Financial fixed assets | 28 | €384 | €384 | = | 0.0% |
| Current assets | 29/58 | €19,161 | €8,382 | -€10,779 | -56.3% |
| Amounts receivable within one year | 40/41 | €11,034 | €7,688 | -€3,347 | -30.3% |
| Trade receivables | 40 | €10,808 | €7,462 | -€3,347 | -31.0% |
| Other amounts receivable | 41 | €226 | €226 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,193 | €621 | -€1,572 | -71.7% |
| Deferred charges and accrued income | 490/1 | €5,934 | €74 | -€5,860 | -98.8% |
| Total equity and liabilities | 10/49 | €201,476 | €219,751 | +€18,276 | +9.1% |
| Equity | 10/15 | €37,887 | €26,592 | -€11,295 | -29.8% |
| Contributions | 10/11 | €16,900 | €16,900 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,487 | €2,192 | -€11,295 | -83.8% |
| Amounts payable | 17/49 | €163,589 | €193,160 | +€29,571 | +18.1% |
| Amounts payable after more than one year | 17 | €127,100 | €131,233 | +€4,133 | +3.3% |
| Financial debts | 170/4 | €127,100 | €131,233 | +€4,133 | +3.3% |
| Amounts payable within one year | 42/48 | €36,489 | €58,769 | +€22,281 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €18,599 | €22,492 | +€3,893 | +20.9% |
| Trade debts | 44 | €9,436 | €13,038 | +€3,602 | +38.2% |
| Suppliers | 440/4 | €9,436 | €13,038 | +€3,602 | +38.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,723 | €9,954 | +€6,231 | +167% |
| Taxes | 450/3 | €3,723 | €6,008 | +€2,285 | +61.4% |
| Remuneration and social security | 454/9 | €0 | €3,946 | +€3,946 | |
| Other amounts payable | 47/48 | €4,731 | €13,285 | +€8,554 | +181% |
| Accrued charges and deferred income | 492/3 | - | €3,157 | +€3,157 | |
| Turnover | 70 | €109,276 | - | -€109,276 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,455 | - | -€92,455 | |
| Remuneration, social security and pensions | 62 | €1,042 | €24,551 | +€23,508 | +2,255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,468 | €22,512 | +€6,044 | +36.7% |
| Other operating charges | 640/8 | €338 | €393 | +€55 | +16.4% |
| Non-recurring operating charges | 66A | €168 | - | -€168 | |
| Gross operating margin | 9900 | €22,411 | €48,158 | +€25,747 | +115% |
| Operating profit (loss) | 9901 | €4,395 | €702 | -€3,693 | -84.0% |
| Financial income | 75/76B | €65 | €356 | +€292 | +452% |
| Recurring financial income | 75 | €65 | €356 | +€292 | +452% |
| Financial charges | 65/66B | €2,968 | €12,353 | +€9,386 | +316% |
| Recurring financial charges | 65 | €2,968 | €12,353 | +€9,386 | +316% |
| Profit (loss) for the period before taxes | 9903 | €1,492 | -€11,295 | -€12,787 | |
| Income taxes | 67/77 | €489 | - | -€489 | |
| Profit (loss) for the period | 9904 | €1,003 | -€11,295 | -€12,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,003 | -€11,295 | -€12,298 |
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 13 October 2026 via checked.be.