JURCO: 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.
JURCO
Largest movements
- Receivables within one year -€69,967
down €69,967 (-99.7%), from €70,156 to €190
of which Trade receivables: -€53,046
- Tangible fixed assets -€9,375
down €9,375 (-40.1%), from €23,399 to €14,024
of which Furniture and vehicles: -€9,375
- Deferred charges and accrued income -€3,793
down €3,793 (-100.0%), from €3,793 to €0
- Reserves -€133,290
down €133,290 (-98.6%), from €135,150 to €1,860
of which Distributable reserves: -€133,290
- Profit (loss) carried forward +€107,154
up €107,154 (+28.5%), from -€376,539 to -€269,385
- Trade debts -€20,116
down €20,116 (-16.0%), from €125,584 to €105,469
- Other debts -€17,141
down €17,141 (-9.8%), from €175,267 to €158,127
- Current portion of long-term debt -€8,227
down €8,227 (-100.0%), from €8,227 to €0
- Staff costs -€728,792
down €728,792 (-100.0%), from €728,792 to €0
- Gross operating margin -€576,444
down €576,444, from €564,579 to -€11,865
- Financial charges -€55,220
down €55,220 (-95.0%), from €58,147 to €2,927
- Other operating charges -€44,814
down €44,814 (-95.4%), from €46,981 to €2,168
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 | €98,809 | €14,943 | -€83,865 | -84.9% |
| Fixed assets | 21/28 | €23,399 | €14,024 | -€9,375 | -40.1% |
| Tangible fixed assets | 22/27 | €23,399 | €14,024 | -€9,375 | -40.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €23,399 | €14,024 | -€9,375 | -40.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €75,410 | €920 | -€74,490 | -98.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €70,156 | €190 | -€69,967 | -99.7% |
| Trade receivables | 40 | €53,046 | €0 | -€53,046 | -100.0% |
| Other amounts receivable | 41 | €17,110 | €190 | -€16,921 | -98.9% |
| Cash at bank and in hand | 54/58 | €1,460 | €730 | -€730 | -50.0% |
| Deferred charges and accrued income | 490/1 | €3,793 | €0 | -€3,793 | -100.0% |
| Total equity and liabilities | 10/49 | €98,809 | €14,943 | -€83,865 | -84.9% |
| Equity | 10/15 | -€222,789 | -€248,925 | -€26,136 | -11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,150 | €1,860 | -€133,290 | -98.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €133,290 | €0 | -€133,290 | -100.0% |
| Profit (loss) carried forward | 14 | -€376,539 | -€269,385 | +€107,154 | +28.5% |
| Amounts payable | 17/49 | €321,598 | €263,868 | -€57,729 | -18.0% |
| Amounts payable after more than one year | 17 | €6,397 | €0 | -€6,397 | -100.0% |
| Financial debts | 170/4 | €6,397 | €0 | -€6,397 | -100.0% |
| Amounts payable within one year | 42/48 | €315,187 | €263,868 | -€51,318 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €8,227 | €0 | -€8,227 | -100.0% |
| Financial debts | 43 | - | €273 | +€273 | |
| Credit institutions | 430/8 | - | €273 | +€273 | |
| Trade debts | 44 | €125,584 | €105,469 | -€20,116 | -16.0% |
| Suppliers | 440/4 | €125,584 | €105,469 | -€20,116 | -16.0% |
| Taxes, remuneration and social security | 45 | €6,108 | €0 | -€6,108 | -100.0% |
| Taxes | 450/3 | €6,108 | €0 | -€6,108 | -100.0% |
| Other amounts payable | 47/48 | €175,267 | €158,127 | -€17,141 | -9.8% |
| Accrued charges and deferred income | 492/3 | €14 | €0 | -€14 | -100.0% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €728,792 | €0 | -€728,792 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,101 | €9,375 | -€4,726 | -33.5% |
| Other operating charges | 640/8 | €46,981 | €2,168 | -€44,814 | -95.4% |
| Non-recurring operating charges | 66A | €94,109 | €0 | -€94,109 | -100.0% |
| Gross operating margin | 9900 | €564,579 | -€11,865 | -€576,444 | |
| Operating profit (loss) | 9901 | -€319,404 | -€23,407 | +€295,997 | +92.7% |
| Financial income | 75/76B | €1,012 | €198 | -€814 | -80.4% |
| Recurring financial income | 75 | €1,012 | €198 | -€814 | -80.4% |
| Financial charges | 65/66B | €58,147 | €2,927 | -€55,220 | -95.0% |
| Recurring financial charges | 65 | €58,147 | €2,927 | -€55,220 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | -€376,539 | -€26,136 | +€350,403 | +93.1% |
| Profit (loss) for the period | 9904 | -€376,539 | -€26,136 | +€350,403 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€376,539 | -€26,136 | +€350,403 | +93.1% |
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 11 October 2026 via checked.be.