JUREST: 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.
JUREST
Largest movements
- Tangible fixed assets -€76,857
down €76,857 (-17.9%), from €430,084 to €353,226
of which Plant, machinery and equipment: -€50,980
- Deferred charges and accrued income +€12,454
up €12,454 (+74.0%), from €16,821 to €29,275
- Other debts -€142,639
down €142,639 (-75.2%), from €189,770 to €47,130
- Reserves +€80,410
up €80,410 (+20.3%), from €396,080 to €476,491
of which Distributable reserves: +€80,410
- Debts after one year -€27,820
down €27,820 (-20.2%), from €137,607 to €109,787
- Tax, wage and social debts +€17,119
up €17,119 (+16.6%), from €102,998 to €120,117
of which Remuneration and social security: +€14,920
- Gross operating margin -€223,519
down €223,519 (-14.0%), from €1.6m to €1.4m
- Taxes -€73,778
down €73,778 (-67.7%), from €108,964 to €35,186
- Staff costs -€23,762
down €23,762 (-2.0%), from €1.2m to €1.1m
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 | €1,167,458 | €1,103,021 | -€64,437 | -5.5% |
| Fixed assets | 21/28 | €527,136 | €450,278 | -€76,857 | -14.6% |
| Tangible fixed assets | 22/27 | €430,084 | €353,226 | -€76,857 | -17.9% |
| Land and buildings | 22 | €55,888 | €56,400 | +€512 | +0.9% |
| Plant, machinery and equipment | 23 | €322,806 | €271,826 | -€50,980 | -15.8% |
| Furniture and vehicles | 24 | €51,390 | €25,000 | -€26,390 | -51.4% |
| Financial fixed assets | 28 | €97,052 | €97,052 | = | 0.0% |
| Current assets | 29/58 | €640,322 | €652,743 | +€12,420 | +1.9% |
| Stocks and contracts in progress | 3 | €29,632 | €36,932 | +€7,300 | +24.6% |
| Stocks | 30/36 | €29,632 | €36,932 | +€7,300 | +24.6% |
| Amounts receivable within one year | 40/41 | €221,741 | €210,118 | -€11,623 | -5.2% |
| Trade receivables | 40 | €4,588 | €4,588 | = | 0.0% |
| Other amounts receivable | 41 | €217,153 | €205,530 | -€11,623 | -5.4% |
| Current investments | 50/53 | €15,000 | €14,902 | -€98 | -0.7% |
| Cash at bank and in hand | 54/58 | €357,128 | €361,516 | +€4,388 | +1.2% |
| Deferred charges and accrued income | 490/1 | €16,821 | €29,275 | +€12,454 | +74.0% |
| Total equity and liabilities | 10/49 | €1,167,458 | €1,103,021 | -€64,437 | -5.5% |
| Equity | 10/15 | €458,080 | €538,491 | +€80,410 | +17.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €396,080 | €476,491 | +€80,410 | +20.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €352,380 | €432,791 | +€80,410 | +22.8% |
| Amounts payable | 17/49 | €709,378 | €564,530 | -€144,848 | -20.4% |
| Amounts payable after more than one year | 17 | €137,607 | €109,787 | -€27,820 | -20.2% |
| Financial debts | 170/4 | €137,607 | €109,787 | -€27,820 | -20.2% |
| Amounts payable within one year | 42/48 | €571,771 | €454,743 | -€117,028 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €42,718 | €42,999 | +€282 | +0.7% |
| Trade debts | 44 | €236,285 | €244,496 | +€8,211 | +3.5% |
| Suppliers | 440/4 | €236,285 | €244,496 | +€8,211 | +3.5% |
| Taxes, remuneration and social security | 45 | €102,998 | €120,117 | +€17,119 | +16.6% |
| Taxes | 450/3 | - | €2,198 | +€2,198 | |
| Remuneration and social security | 454/9 | €102,998 | €117,919 | +€14,920 | +14.5% |
| Other amounts payable | 47/48 | €189,770 | €47,130 | -€142,639 | -75.2% |
| Remuneration, social security and pensions | 62 | €1,169,334 | €1,145,572 | -€23,762 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,780 | €88,450 | +€2,670 | +3.1% |
| Other operating charges | 640/8 | €22,146 | €32,444 | +€10,298 | +46.5% |
| Gross operating margin | 9900 | €1,597,053 | €1,373,534 | -€223,519 | -14.0% |
| Operating profit (loss) | 9901 | €319,792 | €107,068 | -€212,724 | -66.5% |
| Financial income | 75/76B | €23,401 | €23,750 | +€349 | +1.5% |
| Recurring financial income | 75 | €23,401 | €23,750 | +€349 | +1.5% |
| Financial charges | 65/66B | €11,264 | €15,222 | +€3,957 | +35.1% |
| Recurring financial charges | 65 | €11,264 | €15,222 | +€3,957 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €331,929 | €115,597 | -€216,332 | -65.2% |
| Income taxes | 67/77 | €108,964 | €35,186 | -€73,778 | -67.7% |
| Profit (loss) for the period | 9904 | €222,965 | €80,410 | -€142,554 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €222,965 | €80,410 | -€142,554 | -63.9% |
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 4 October 2026 via checked.be.