JURIBEL: 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.
JURIBEL
Largest movements
- Cash -€93,427
down €93,427 (-89.4%), from €104,495 to €11,068
mainly Other debts (-€110,689) and Investment in fixed assets (net) (-€77,737)
- Receivables within one year -€81,327
down €81,327 (-31.5%), from €258,416 to €177,089
of which Trade receivables: -€78,691
- Tangible fixed assets +€60,701
up €60,701 (+113%), from €53,613 to €114,314
of which Other tangible fixed assets: +€64,117
- Other debts -€110,689
down €110,689 (-59.6%), from €185,701 to €75,012
- Profit (loss) carried forward -€86,599
no longer reported in 2025 (was €86,599)
- Trade debts +€37,511
up €37,511 (+30.7%), from €122,211 to €159,722
- Reserves +€35,798
up €35,798 (+1,925%), from €1,859 to €37,657
- Tax, wage and social debts +€12,496
up €12,496 (+83.6%), from €14,943 to €27,439
- Gross operating margin +€7,643
up €7,643 (+19.0%), from €40,274 to €47,917
- Depreciation +€4,744
up €4,744 (+40.2%), from €11,792 to €16,536
- Taxes +€3,283
up €3,283 (+48.9%), from €6,717 to €10,000
- Financial charges -€1,344
down €1,344 (-62.8%), from €2,138 to €794
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 | €423,323 | €309,771 | -€113,553 | -26.8% |
| Fixed assets | 21/28 | €60,413 | €121,614 | +€61,201 | +101% |
| Tangible fixed assets | 22/27 | €53,613 | €114,314 | +€60,701 | +113% |
| Plant, machinery and equipment | 23 | €4,293 | €3,125 | -€1,168 | -27.2% |
| Furniture and vehicles | 24 | €12,530 | €10,282 | -€2,248 | -17.9% |
| Other tangible fixed assets | 26 | €36,790 | €100,907 | +€64,117 | +174% |
| Financial fixed assets | 28 | €6,800 | €7,300 | +€500 | +7.4% |
| Current assets | 29/58 | €362,911 | €188,157 | -€174,754 | -48.2% |
| Amounts receivable within one year | 40/41 | €258,416 | €177,089 | -€81,327 | -31.5% |
| Trade receivables | 40 | €255,780 | €177,089 | -€78,691 | -30.8% |
| Other amounts receivable | 41 | €2,635 | - | -€2,635 | |
| Cash at bank and in hand | 54/58 | €104,495 | €11,068 | -€93,427 | -89.4% |
| Total equity and liabilities | 10/49 | €423,323 | €309,771 | -€113,553 | -26.8% |
| Equity | 10/15 | €98,399 | €47,598 | -€50,801 | -51.6% |
| Contributions | 10/11 | €9,941 | €9,941 | = | 0.0% |
| Reserves | 13 | €1,859 | €37,657 | +€35,798 | +1,925% |
| Distributable reserves | 133 | €1,859 | €37,657 | +€35,798 | +1,925% |
| Profit (loss) carried forward | 14 | €86,599 | - | -€86,599 | |
| Amounts payable | 17/49 | €324,925 | €262,173 | -€62,752 | -19.3% |
| Amounts payable within one year | 42/48 | €324,925 | €262,173 | -€62,752 | -19.3% |
| Financial debts | 43 | €2,070 | - | -€2,070 | |
| Credit institutions | 430/8 | €2,070 | - | -€2,070 | |
| Trade debts | 44 | €122,211 | €159,722 | +€37,511 | +30.7% |
| Suppliers | 440/4 | €122,211 | €159,722 | +€37,511 | +30.7% |
| Taxes, remuneration and social security | 45 | €14,943 | €27,439 | +€12,496 | +83.6% |
| Taxes | 450/3 | €14,943 | €27,439 | +€12,496 | +83.6% |
| Other amounts payable | 47/48 | €185,701 | €75,012 | -€110,689 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,792 | €16,536 | +€4,744 | +40.2% |
| Other operating charges | 640/8 | €1,242 | €1,388 | +€146 | +11.8% |
| Non-recurring operating charges | 66A | €10,000 | - | -€10,000 | |
| Gross operating margin | 9900 | €40,274 | €47,917 | +€7,643 | +19.0% |
| Operating profit (loss) | 9901 | €17,241 | €29,993 | +€12,753 | +74.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,138 | €794 | -€1,344 | -62.8% |
| Recurring financial charges | 65 | €2,138 | €794 | -€1,344 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €15,103 | €29,199 | +€14,096 | +93.3% |
| Income taxes | 67/77 | €6,717 | €10,000 | +€3,283 | +48.9% |
| Profit (loss) for the period | 9904 | €8,386 | €19,199 | +€10,814 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €8,386 | €19,199 | +€10,814 | +129% |
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 17 October 2026 via checked.be.