JUREL: 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.
JUREL
Largest movements
- Cash +€76,969
up €76,969 (+22.0%), from €349,351 to €426,320
mainly Net result for the year (+€230,508) and Depreciation (+€63,058)
- Tangible fixed assets -€63,058
down €63,058 (-6.0%), from €1.1m to €990,511
of which Furniture and vehicles: -€34,585
- Receivables within one year +€17,449
up €17,449 (+25.4%), from €68,671 to €86,121
of which Trade receivables: +€25,013
- Reserves +€101,048
up €101,048 (+10.0%), from €1.0m to €1.1m
of which Distributable reserves: +€108,706
- Other debts -€39,032
down €39,032 (-32.8%), from €119,115 to €80,084
- Debts after one year -€34,598
down €34,598 (-14.9%), from €232,241 to €197,643
- Gross operating margin +€50,545
up €50,545 (+14.1%), from €359,095 to €409,640
- Taxes +€17,005
up €17,005 (+19.9%), from €85,379 to €102,384
- Other operating charges +€4,862
up €4,862 (+192.4%), from €2,528 to €7,390
- Depreciation -€4,619
down €4,619 (-6.8%), from €67,678 to €63,058
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 | €1,481,799 | €1,514,006 | +€32,206 | +2.2% |
| Fixed assets | 21/28 | €1,053,569 | €990,511 | -€63,058 | -6.0% |
| Tangible fixed assets | 22/27 | €1,053,569 | €990,511 | -€63,058 | -6.0% |
| Land and buildings | 22 | €938,997 | €915,198 | -€23,799 | -2.5% |
| Plant, machinery and equipment | 23 | €16,766 | €12,092 | -€4,674 | -27.9% |
| Furniture and vehicles | 24 | €97,806 | €63,221 | -€34,585 | -35.4% |
| Current assets | 29/58 | €428,230 | €523,495 | +€95,265 | +22.2% |
| Amounts receivable within one year | 40/41 | €68,671 | €86,121 | +€17,449 | +25.4% |
| Trade receivables | 40 | €59,162 | €84,175 | +€25,013 | +42.3% |
| Other amounts receivable | 41 | €9,509 | €1,945 | -€7,564 | -79.5% |
| Cash at bank and in hand | 54/58 | €349,351 | €426,320 | +€76,969 | +22.0% |
| Deferred charges and accrued income | 490/1 | €10,208 | €11,055 | +€846 | +8.3% |
| Total equity and liabilities | 10/49 | €1,481,799 | €1,514,006 | +€32,206 | +2.2% |
| Equity | 10/15 | €1,046,648 | €1,147,696 | +€101,048 | +9.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €1,006,648 | €1,107,696 | +€101,048 | +10.0% |
| Non-distributable reserves | 130/1 | €7,658 | - | -€7,658 | |
| Reserves not available under the articles | 1311 | €7,658 | - | -€7,658 | |
| Distributable reserves | 133 | €998,990 | €1,107,696 | +€108,706 | +10.9% |
| Amounts payable | 17/49 | €435,152 | €366,310 | -€68,842 | -15.8% |
| Amounts payable after more than one year | 17 | €232,241 | €197,643 | -€34,598 | -14.9% |
| Financial debts | 170/4 | €232,241 | €197,643 | -€34,598 | -14.9% |
| Amounts payable within one year | 42/48 | €195,458 | €160,303 | -€35,155 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €34,221 | €34,598 | +€377 | +1.1% |
| Trade debts | 44 | €4,930 | €2,875 | -€2,055 | -41.7% |
| Suppliers | 440/4 | €4,930 | €2,875 | -€2,055 | -41.7% |
| Taxes, remuneration and social security | 45 | €37,192 | €42,747 | +€5,555 | +14.9% |
| Taxes | 450/3 | €37,192 | €42,747 | +€5,555 | +14.9% |
| Other amounts payable | 47/48 | €119,115 | €80,084 | -€39,032 | -32.8% |
| Accrued charges and deferred income | 492/3 | €7,452 | €8,363 | +€911 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,678 | €63,058 | -€4,619 | -6.8% |
| Other operating charges | 640/8 | €2,528 | €7,390 | +€4,862 | +192.4% |
| Gross operating margin | 9900 | €359,095 | €409,640 | +€50,545 | +14.1% |
| Operating profit (loss) | 9901 | €288,890 | €339,191 | +€50,301 | +17.4% |
| Financial income | 75/76B | €1,628 | €4,431 | +€2,803 | +172.1% |
| Recurring financial income | 75 | €1,628 | €4,431 | +€2,803 | +172.1% |
| Financial charges | 65/66B | €10,263 | €10,730 | +€467 | +4.5% |
| Recurring financial charges | 65 | €10,263 | €10,730 | +€467 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €280,255 | €332,892 | +€52,637 | +18.8% |
| Income taxes | 67/77 | €85,379 | €102,384 | +€17,005 | +19.9% |
| Profit (loss) for the period | 9904 | €194,876 | €230,508 | +€35,632 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €194,876 | €230,508 | +€35,632 | +18.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.