JUKRI: what changed
Two fiscal 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.
JUKRI
Largest movements
- Tangible fixed assets -€45,681
down €45,681 (-9.2%), from €497,308 to €451,628
of which Plant, machinery and equipment: -€35,385
- Cash -€19,239
down €19,239 (-5.8%), from €333,391 to €314,152
mainly Contributions, distributions and other (-€75,642) and Debts after one year (-€37,898)
- Reserves -€75,642
down €75,642 (-14.8%), from €509,658 to €434,017
of which Distributable reserves: -€75,642
- Other debts +€70,760
up €70,760 (+1017.3%), from €6,956 to €77,715
- Profit (loss) carried forward +€68,597
up €68,597 (+118.7%), from €57,783 to €126,380
- Debts after one year -€37,898
down €37,898 (-66.5%), from €57,013 to €19,116
- Current portion of long-term debt -€29,930
down €29,930 (-44.1%), from €67,828 to €37,898
- Gross operating margin -€92,744
down €92,744 (-18.4%), from €502,928 to €410,184
- Taxes -€25,983
down €25,983 (-57.0%), from €45,618 to €19,634
- Staff costs -€23,703
down €23,703 (-8.9%), from €265,943 to €242,240
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.
Cash bridge derived
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 | €853,492 | €791,072 | -€62,419 | -7.3% |
| Fixed assets | 21/28 | €502,668 | €456,988 | -€45,681 | -9.1% |
| Tangible fixed assets | 22/27 | €497,308 | €451,628 | -€45,681 | -9.2% |
| Plant, machinery and equipment | 23 | €328,634 | €293,249 | -€35,385 | -10.8% |
| Furniture and vehicles | 24 | €37,441 | €24,697 | -€12,743 | -34.0% |
| Other tangible fixed assets | 26 | €131,234 | €133,681 | +€2,448 | +1.9% |
| Financial fixed assets | 28 | €5,360 | €5,360 | = | 0.0% |
| Current assets | 29/58 | €350,824 | €334,085 | -€16,739 | -4.8% |
| Stocks and contracts in progress | 3 | €12,985 | €13,420 | +€435 | +3.4% |
| Stocks | 30/36 | €12,985 | €13,420 | +€435 | +3.4% |
| Amounts receivable within one year | 40/41 | €1,889 | €6,512 | +€4,623 | +244.7% |
| Other amounts receivable | 41 | €1,889 | €6,512 | +€4,623 | +244.7% |
| Cash at bank and in hand | 54/58 | €333,391 | €314,152 | -€19,239 | -5.8% |
| Deferred charges and accrued income | 490/1 | €2,558 | - | -€2,558 | |
| Total equity and liabilities | 10/49 | €853,492 | €791,072 | -€62,419 | -7.3% |
| Equity | 10/15 | €587,441 | €580,397 | -€7,045 | -1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €509,658 | €434,017 | -€75,642 | -14.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €507,658 | €432,017 | -€75,642 | -14.9% |
| Profit (loss) carried forward | 14 | €57,783 | €126,380 | +€68,597 | +118.7% |
| Amounts payable | 17/49 | €266,050 | €210,676 | -€55,375 | -20.8% |
| Amounts payable after more than one year | 17 | €57,013 | €19,116 | -€37,898 | -66.5% |
| Financial debts | 170/4 | €57,013 | €19,116 | -€37,898 | -66.5% |
| Amounts payable within one year | 42/48 | €177,847 | €175,734 | -€2,112 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €67,828 | €37,898 | -€29,930 | -44.1% |
| Trade debts | 44 | €38,030 | €14,451 | -€23,579 | -62.0% |
| Suppliers | 440/4 | €38,030 | €14,451 | -€23,579 | -62.0% |
| Taxes, remuneration and social security | 45 | €65,033 | €45,670 | -€19,363 | -29.8% |
| Taxes | 450/3 | €37,857 | €43,890 | +€6,033 | +15.9% |
| Remuneration and social security | 454/9 | €27,176 | €1,780 | -€25,396 | -93.5% |
| Other amounts payable | 47/48 | €6,956 | €77,715 | +€70,760 | +1017.3% |
| Accrued charges and deferred income | 492/3 | €31,191 | €15,826 | -€15,365 | -49.3% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €265,943 | €242,240 | -€23,703 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,738 | €75,801 | +€1,063 | +1.4% |
| Other operating charges | 640/8 | €4,330 | €3,987 | -€343 | -7.9% |
| Gross operating margin | 9900 | €502,928 | €410,184 | -€92,744 | -18.4% |
| Operating profit (loss) | 9901 | €157,917 | €88,156 | -€69,761 | -44.2% |
| Financial income | 75/76B | €2,687 | €5,374 | +€2,687 | +100.0% |
| Recurring financial income | 75 | €2,687 | €5,374 | +€2,687 | +100.0% |
| Financial charges | 65/66B | €3,853 | €5,299 | +€1,446 | +37.5% |
| Recurring financial charges | 65 | €3,853 | €5,299 | +€1,446 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €156,752 | €88,232 | -€68,520 | -43.7% |
| Income taxes | 67/77 | €45,618 | €19,634 | -€25,983 | -57.0% |
| Profit (loss) for the period | 9904 | €111,134 | €68,597 | -€42,537 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,134 | €68,597 | -€42,537 | -38.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.