JECRO Executive Management: what changed
What changed
JECRO Executive Management
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€207,127
2024 · €267,644-€60,517
Equity
€2.5m
2024 · €2.3m+€207,127
Cash
€241,955
2024 · €229,927+€12,027
Balance sheet total
€17.9m
2024 · €17.3m+€554,013
Largest movements
Assets
- Current investments +€234,000
up €234,000 (+88.0%), from €266,000 to €500,000
- Financial fixed assets +€204,000
up €204,000 (+1.3%), from €15.9m to €16.1m
- Receivables after one year +€204,000
new in 2025: €204,000
Equity and liabilities
- Provisions +€368,901
up €368,901 (+2.5%), from €14.5m to €14.9m
- Profit (loss) carried forward +€207,127
up €207,127 (+17.3%), from €1.2m to €1.4m
Income statement
- Financial income -€297,174
down €297,174 (-96.9%), from €306,549 to €9,375
- Financial charges -€116,664
down €116,664 (-10.1%), from €1.2m to €1.0m
- Gross operating margin +€91,457
up €91,457 (+6.9%), from €1.3m to €1.4m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€267,644
Gross operating margin
+€91,457
Depreciation
-€612
Other operating charges
+€983
Other operating items
+€28,165
Financial income
-€297,174
Financial charges
+€116,664
Result 2025
€207,127
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€450,027
Investment
-€438,000
Financing
€0
Cash 2024
€229,927
From operations (derived)
+€450,027
Net result for the year
+€207,127
Depreciation
+€1,617
Receivables after one year
-€204,000
Receivables within one year
+€100,120
Deferred charges and accrued income
-€1,722
Provisions
+€368,901
Trade debts
-€614
Tax, wage and social debts
+€8,967
Other debts
-€57,775
Accrued charges and deferred income
+€27,407
Investment (derived)
-€438,000
Investment in fixed assets (net)
-€204,000
Current investments
-€234,000
Cash 2025
€241,955
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,322,457 | €17,876,470 | +€554,013 | +3.2% |
| Fixed assets | 21/28 | €15,892,485 | €16,094,868 | +€202,383 | +1.3% |
| Tangible fixed assets | 22/27 | €3,491 | €1,874 | -€1,617 | -46.3% |
| Furniture and vehicles | 24 | €3,491 | €1,874 | -€1,617 | -46.3% |
| Financial fixed assets | 28 | €15,888,994 | €16,092,994 | +€204,000 | +1.3% |
| Current assets | 29/58 | €1,429,972 | €1,781,601 | +€351,630 | +24.6% |
| Amounts receivable after more than one year | 29 | - | €204,000 | +€204,000 | |
| Other amounts receivable | 291 | - | €204,000 | +€204,000 | |
| Amounts receivable within one year | 40/41 | €190,870 | €90,750 | -€100,120 | -52.5% |
| Trade receivables | 40 | €190,639 | €90,750 | -€99,889 | -52.4% |
| Other amounts receivable | 41 | €231 | - | -€231 | |
| Current investments | 50/53 | €266,000 | €500,000 | +€234,000 | +88.0% |
| Cash at bank and in hand | 54/58 | €229,927 | €241,955 | +€12,027 | +5.2% |
| Deferred charges and accrued income | 490/1 | €743,175 | €744,897 | +€1,722 | +0.2% |
| Total equity and liabilities | 10/49 | €17,322,457 | €17,876,470 | +€554,013 | +3.2% |
| Equity | 10/15 | €2,303,911 | €2,511,038 | +€207,127 | +9.0% |
| Contributions | 10/11 | €1,036,786 | €1,036,786 | = | 0.0% |
| Reserves | 13 | €71,070 | €71,070 | = | 0.0% |
| Distributable reserves | 133 | €71,070 | €71,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,196,056 | €1,403,182 | +€207,127 | +17.3% |
| Provisions and deferred taxes | 16 | €14,537,684 | €14,906,585 | +€368,901 | +2.5% |
| Provisions for liabilities and charges | 160/5 | €14,537,684 | €14,906,585 | +€368,901 | +2.5% |
| Pensions and similar obligations | 160 | €14,537,684 | €14,906,585 | +€368,901 | +2.5% |
| Amounts payable | 17/49 | €480,861 | €458,847 | -€22,014 | -4.6% |
| Amounts payable within one year | 42/48 | €112,767 | €63,346 | -€49,421 | -43.8% |
| Trade debts | 44 | €1,785 | €1,172 | -€614 | -34.4% |
| Suppliers | 440/4 | €1,785 | €1,172 | -€614 | -34.4% |
| Taxes, remuneration and social security | 45 | €36,705 | €45,673 | +€8,967 | +24.4% |
| Taxes | 450/3 | €35,005 | €43,973 | +€8,967 | +25.6% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €74,276 | €16,501 | -€57,775 | -77.8% |
| Accrued charges and deferred income | 492/3 | €368,094 | €395,501 | +€27,407 | +7.4% |
| Non-recurring operating income | 76A | €345,114 | €362,694 | +€17,581 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €1,617 | +€612 | +61.0% |
| Other operating charges | 640/8 | €1,092 | €108 | -€983 | -90.1% |
| Non-recurring operating charges | 66A | €212,188 | €184,023 | -€28,165 | -13.3% |
| Gross operating margin | 9900 | €1,329,594 | €1,421,051 | +€91,457 | +6.9% |
| Operating profit (loss) | 9901 | €1,115,310 | €1,235,303 | +€119,993 | +10.8% |
| Financial income | 75/76B | €306,549 | €9,375 | -€297,174 | -96.9% |
| Recurring financial income | 75 | €306,549 | €9,375 | -€297,174 | -96.9% |
| Financial charges | 65/66B | €1,154,215 | €1,037,551 | -€116,664 | -10.1% |
| Recurring financial charges | 65 | €1,154,215 | €1,037,551 | -€116,664 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €267,644 | €207,127 | -€60,517 | -22.6% |
| Profit (loss) for the period | 9904 | €267,644 | €207,127 | -€60,517 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €267,644 | €207,127 | -€60,517 | -22.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.