JREC FOOD: what changed
JREC FOOD
Largest movements
- Cash -€13,448
down €13,448 (-27.1%), from €49,681 to €36,233
mainly Stocks and contracts (-€12,969) and Receivables within one year (-€12,613)
- Stocks and contracts +€12,969
up €12,969 (+61.8%), from €21,000 to €33,969
- Receivables within one year +€12,613
up €12,613 (+583%), from €2,162 to €14,775
- Tangible fixed assets -€7,549
down €7,549 (-32.7%), from €23,052 to €15,503
of which Plant, machinery and equipment: -€5,099
- Intangible fixed assets -€7,000
down €7,000 (-21.1%), from €33,250 to €26,250
- Other debts -€6,418
down €6,418 (-9.8%), from €65,263 to €58,844
- Profit (loss) carried forward +€3,867
up €3,867 (+47.4%), from -€8,153 to -€4,287
- Tax, wage and social debts +€2,466
up €2,466 (+6.3%), from €39,074 to €41,540
of which Remuneration and social security: +€3,526
- Debts after one year -€2,145
no longer reported in 2025 (was €2,145)
- Accrued charges and deferred income -€2,000
no longer reported in 2025 (was €2,000)
- Staff costs -€8,008
down €8,008 (-6.5%), from €122,428 to €114,420
- Gross operating margin -€7,121
down €7,121 (-4.9%), from €144,725 to €137,604
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 | €129,287 | €127,057 | -€2,231 | -1.7% |
| Fixed assets | 21/28 | €56,302 | €41,753 | -€14,549 | -25.8% |
| Intangible fixed assets | 21 | €33,250 | €26,250 | -€7,000 | -21.1% |
| Tangible fixed assets | 22/27 | €23,052 | €15,503 | -€7,549 | -32.7% |
| Plant, machinery and equipment | 23 | €17,129 | €12,030 | -€5,099 | -29.8% |
| Furniture and vehicles | 24 | €2,456 | €1,325 | -€1,130 | -46.0% |
| Other tangible fixed assets | 26 | €3,467 | €2,147 | -€1,320 | -38.1% |
| Current assets | 29/58 | €72,985 | €85,304 | +€12,319 | +16.9% |
| Stocks and contracts in progress | 3 | €21,000 | €33,969 | +€12,969 | +61.8% |
| Stocks | 30/36 | €21,000 | €33,969 | +€12,969 | +61.8% |
| Amounts receivable within one year | 40/41 | €2,162 | €14,775 | +€12,613 | +583% |
| Trade receivables | 40 | €2,162 | €14,775 | +€12,613 | +583% |
| Cash at bank and in hand | 54/58 | €49,681 | €36,233 | -€13,448 | -27.1% |
| Deferred charges and accrued income | 490/1 | €143 | €327 | +€185 | +129% |
| Total equity and liabilities | 10/49 | €129,287 | €127,057 | -€2,231 | -1.7% |
| Equity | 10/15 | -€5,153 | -€1,287 | +€3,867 | +75.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,153 | -€4,287 | +€3,867 | +47.4% |
| Amounts payable | 17/49 | €134,441 | €128,343 | -€6,097 | -4.5% |
| Amounts payable after more than one year | 17 | €2,145 | - | -€2,145 | |
| Financial debts | 170/4 | €2,145 | - | -€2,145 | |
| Amounts payable within one year | 42/48 | €130,295 | €128,343 | -€1,952 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | - | €994 | +€994 | |
| Trade debts | 44 | €25,959 | €26,965 | +€1,006 | +3.9% |
| Suppliers | 440/4 | €25,959 | €26,965 | +€1,006 | +3.9% |
| Taxes, remuneration and social security | 45 | €39,074 | €41,540 | +€2,466 | +6.3% |
| Taxes | 450/3 | €15,578 | €14,517 | -€1,061 | -6.8% |
| Remuneration and social security | 454/9 | €23,496 | €27,023 | +€3,526 | +15.0% |
| Other amounts payable | 47/48 | €65,263 | €58,844 | -€6,418 | -9.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €122,428 | €114,420 | -€8,008 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,202 | €15,091 | -€1,111 | -6.9% |
| Other operating charges | 640/8 | €1,741 | €676 | -€1,065 | -61.2% |
| Gross operating margin | 9900 | €144,725 | €137,604 | -€7,121 | -4.9% |
| Operating profit (loss) | 9901 | €4,354 | €7,416 | +€3,062 | +70.3% |
| Financial income | 75/76B | €503 | €374 | -€129 | -25.6% |
| Recurring financial income | 75 | €503 | €374 | -€129 | -25.6% |
| Financial charges | 65/66B | €5,163 | €3,782 | -€1,380 | -26.7% |
| Recurring financial charges | 65 | €5,163 | €3,782 | -€1,380 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€306 | €4,008 | +€4,314 | |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€434 | €3,867 | +€4,301 | |
| Profit (loss) for the period to be appropriated | 9905 | -€434 | €3,867 | +€4,301 |
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 7 November 2026 via checked.be.