JURELCO: 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.
JURELCO
Largest movements
- Cash +€23,250
up €23,250 (+8.3%), from €281,169 to €304,419
mainly Net result for the year (+€56,173) and Depreciation (+€17,496)
- Tangible fixed assets -€17,496
down €17,496 (-4.1%), from €424,946 to €407,450
- Receivables within one year +€10,329
up €10,329 (+521%), from €1,983 to €12,313
of which Other amounts receivable: +€10,831
- Reserves +€56,173
up €56,173 (+10.9%), from €514,156 to €570,329
- Debts after one year -€29,912
down €29,912 (-24.8%), from €120,624 to €90,711
- Other debts -€9,865
down €9,865 (-49.3%), from €19,990 to €10,125
- Gross operating margin -€41,549
down €41,549 (-28.4%), from €146,475 to €104,926
- Taxes -€12,491
down €12,491 (-31.7%), from €39,367 to €26,876
- Financial charges -€2,121
down €2,121 (-36.7%), from €5,777 to €3,656
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.
Derived cash bridge
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 | €708,098 | €724,182 | +€16,084 | +2.3% |
| Fixed assets | 21/28 | €424,946 | €407,450 | -€17,496 | -4.1% |
| Tangible fixed assets | 22/27 | €424,946 | €407,450 | -€17,496 | -4.1% |
| Land and buildings | 22 | €424,946 | €407,450 | -€17,496 | -4.1% |
| Current assets | 29/58 | €283,152 | €316,732 | +€33,579 | +11.9% |
| Amounts receivable within one year | 40/41 | €1,983 | €12,313 | +€10,329 | +521% |
| Trade receivables | 40 | €627 | €125 | -€502 | -80.0% |
| Other amounts receivable | 41 | €1,356 | €12,187 | +€10,831 | +798% |
| Cash at bank and in hand | 54/58 | €281,169 | €304,419 | +€23,250 | +8.3% |
| Total equity and liabilities | 10/49 | €708,098 | €724,182 | +€16,084 | +2.3% |
| Equity | 10/15 | €526,556 | €582,729 | +€56,173 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €514,156 | €570,329 | +€56,173 | +10.9% |
| Distributable reserves | 133 | €514,156 | €570,329 | +€56,173 | +10.9% |
| Amounts payable | 17/49 | €181,543 | €141,453 | -€40,090 | -22.1% |
| Amounts payable after more than one year | 17 | €120,624 | €90,711 | -€29,912 | -24.8% |
| Financial debts | 170/4 | €120,624 | €90,711 | -€29,912 | -24.8% |
| Amounts payable within one year | 42/48 | €60,919 | €50,742 | -€10,177 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €29,738 | €29,912 | +€174 | +0.6% |
| Advances received on contracts in progress | 46 | €1,374 | €1,374 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,817 | €9,331 | -€487 | -5.0% |
| Taxes | 450/3 | €9,817 | €9,331 | -€487 | -5.0% |
| Other amounts payable | 47/48 | €19,990 | €10,125 | -€9,865 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,836 | €17,496 | -€340 | -1.9% |
| Other operating charges | 640/8 | €2,478 | €2,566 | +€88 | +3.6% |
| Gross operating margin | 9900 | €146,475 | €104,926 | -€41,549 | -28.4% |
| Operating profit (loss) | 9901 | €126,161 | €84,864 | -€41,297 | -32.7% |
| Financial income | 75/76B | €708 | €1,841 | +€1,133 | +160% |
| Recurring financial income | 75 | €708 | €1,841 | +€1,133 | +160% |
| Financial charges | 65/66B | €5,777 | €3,656 | -€2,121 | -36.7% |
| Recurring financial charges | 65 | €5,777 | €3,656 | -€2,121 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €121,093 | €83,050 | -€38,043 | -31.4% |
| Income taxes | 67/77 | €39,367 | €26,876 | -€12,491 | -31.7% |
| Profit (loss) for the period | 9904 | €81,725 | €56,173 | -€25,552 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,725 | €56,173 | -€25,552 | -31.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.