JEURICON: what changed
JEURICON
Largest movements
- Cash -€47,400
down €47,400 (-43.4%), from €109,104 to €61,704
mainly Current investments (-€18,999) and Net result for the year (-€18,718)
- Current investments +€18,999
new in 2025: €18,999
- Receivables within one year +€7,612
up €7,612 (+42.0%), from €18,126 to €25,738
of which Other amounts receivable: +€4,543
- Tangible fixed assets -€6,546
down €6,546 (-12.9%), from €50,918 to €44,372
of which Furniture and vehicles: -€4,914
- Deferred charges and accrued income -€3,274
down €3,274 (-43.8%), from €7,480 to €4,206
- Profit (loss) carried forward -€18,718
down €18,718 (-400%), from -€4,684 to -€23,402
- Short-term financial debts -€11,911
down €11,911 (-71.9%), from €16,567 to €4,657
- Debts after one year -€4,241
down €4,241 (-34.8%), from €12,170 to €7,929
- Trade debts +€2,007
up €2,007 (+157%), from €1,282 to €3,289
- Tax, wage and social debts +€1,943
up €1,943 (+18.9%), from €10,304 to €12,247
of which Taxes: +€1,943
- Gross operating margin -€168,708
down €168,708, from €162,335 to -€6,373
- Taxes -€42,625
down €42,625 (-99.2%), from €42,950 to €325
- Staff costs -€12,252
down €12,252 (-100%), from €12,252 to €0
- Financial income -€2,504
down €2,504 (-99.9%), from €2,505 to €2
- Financial charges -€2,348
down €2,348 (-48.6%), from €4,834 to €2,486
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,628 | €155,019 | -€30,608 | -16.5% |
| Fixed assets | 21/28 | €50,918 | €44,372 | -€6,546 | -12.9% |
| Tangible fixed assets | 22/27 | €50,918 | €44,372 | -€6,546 | -12.9% |
| Land and buildings | 22 | €30,869 | €29,851 | -€1,018 | -3.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,146 | €13,233 | -€4,914 | -27.1% |
| Other tangible fixed assets | 26 | €1,902 | €1,288 | -€614 | -32.3% |
| Current assets | 29/58 | €134,710 | €110,647 | -€24,063 | -17.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,126 | €25,738 | +€7,612 | +42.0% |
| Trade receivables | 40 | €6,470 | €9,539 | +€3,069 | +47.4% |
| Other amounts receivable | 41 | €11,656 | €16,199 | +€4,543 | +39.0% |
| Current investments | 50/53 | - | €18,999 | +€18,999 | |
| Cash at bank and in hand | 54/58 | €109,104 | €61,704 | -€47,400 | -43.4% |
| Deferred charges and accrued income | 490/1 | €7,480 | €4,206 | -€3,274 | -43.8% |
| Total equity and liabilities | 10/49 | €185,628 | €155,019 | -€30,608 | -16.5% |
| Equity | 10/15 | €141,078 | €122,360 | -€18,718 | -13.3% |
| Contributions | 10/11 | €12,695 | €12,695 | = | 0.0% |
| Reserves | 13 | €133,067 | €133,067 | = | 0.0% |
| Distributable reserves | 133 | €133,067 | €133,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,684 | -€23,402 | -€18,718 | -400% |
| Amounts payable | 17/49 | €44,549 | €32,659 | -€11,890 | -26.7% |
| Amounts payable after more than one year | 17 | €12,170 | €7,929 | -€4,241 | -34.8% |
| Financial debts | 170/4 | €12,170 | €7,929 | -€4,241 | -34.8% |
| Amounts payable within one year | 42/48 | €32,379 | €24,618 | -€7,761 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €4,042 | €4,241 | +€199 | +4.9% |
| Financial debts | 43 | €16,567 | €4,657 | -€11,911 | -71.9% |
| Credit institutions | 430/8 | €16,567 | €4,657 | -€11,911 | -71.9% |
| Trade debts | 44 | €1,282 | €3,289 | +€2,007 | +157% |
| Suppliers | 440/4 | €1,282 | €3,289 | +€2,007 | +157% |
| Taxes, remuneration and social security | 45 | €10,304 | €12,247 | +€1,943 | +18.9% |
| Taxes | 450/3 | €10,304 | €12,247 | +€1,943 | +18.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €184 | €184 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €113 | +€113 | |
| Non-recurring operating income | 76A | €144,111 | €0 | -€144,111 | -100% |
| Remuneration, social security and pensions | 62 | €12,252 | €0 | -€12,252 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,131 | €6,546 | -€586 | -8.2% |
| Other operating charges | 640/8 | €3,118 | €2,990 | -€128 | -4.1% |
| Gross operating margin | 9900 | €162,335 | -€6,373 | -€168,708 | |
| Operating profit (loss) | 9901 | €139,834 | -€15,909 | -€155,743 | |
| Financial income | 75/76B | €2,505 | €2 | -€2,504 | -99.9% |
| Recurring financial income | 75 | €2,505 | €2 | -€2,504 | -99.9% |
| Financial charges | 65/66B | €4,834 | €2,486 | -€2,348 | -48.6% |
| Recurring financial charges | 65 | €4,834 | €2,486 | -€2,348 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €137,506 | -€18,393 | -€155,899 | |
| Income taxes | 67/77 | €42,950 | €325 | -€42,625 | -99.2% |
| Profit (loss) for the period | 9904 | €94,555 | -€18,718 | -€113,274 | |
| Profit (loss) for the period to be appropriated | 9905 | €94,555 | -€18,718 | -€113,274 |
Next steps
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 2 November 2026 via checked.be.