JURIMAR: 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.
What changed
JURIMAR
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€22,026
2024 · €1,205-€23,230
Equity
€385,581
2024 · €407,607-€22,026
Cash
€6,272
2024 · €6,173+€99
Balance sheet total
€1.3m
2024 · €1.3m-€19,192
Largest movements
Assets
- Receivables within one year -€48,300
down €48,300 (-21.1%), from €228,753 to €180,453
of which Other amounts receivable: -€48,300
- Tangible fixed assets +€32,715
up €32,715 (+3.1%), from €1.1m to €1.1m
of which Land and buildings: +€32,783
Equity and liabilities
- Reserves -€16,969
down €16,969 (-5.0%), from €341,607 to €324,638
of which Tax-exempt reserves: -€16,230
Income statement
- Gross operating margin -€13,995
down €13,995 (-19.5%), from €71,603 to €57,609
- Depreciation +€8,380
up €8,380 (+21.0%), from €39,908 to €48,287
- Other operating charges +€2,069
up €2,069 (+16.0%), from €12,968 to €15,037
- Financial charges -€1,068
down €1,068 (-5.0%), from €21,435 to €20,367
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.
Result 2024
€1,205
Gross operating margin
-€13,995
Depreciation
-€8,380
Other operating charges
-€2,069
Financial income
-€0
Financial charges
+€1,068
Taxes
+€146
Result 2025
-€22,026
raises the resultlowers the result
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.
From operations
+€68,286
Investment
-€81,002
Financing
+€12,816
Cash 2024
€6,173
From operations (derived)
+€68,286
Net result for the year
-€22,026
Depreciation
+€48,287
Receivables within one year
+€48,300
Deferred charges and accrued income
+€3,706
Provisions
-€4,057
Trade debts
+€166
Tax, wage and social debts
-€3,416
Other debts
-€5,810
Accrued charges and deferred income
+€3,136
Investment (derived)
-€81,002
Investment in fixed assets (net)
-€81,002
Financing
+€12,816
Debts after one year
+€6,870
Current portion of long-term debt
+€5,945
Cash 2025
€6,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,344,220 | €1,325,028 | -€19,192 | -1.4% |
| Fixed assets | 21/28 | €1,096,927 | €1,129,642 | +€32,715 | +3.0% |
| Tangible fixed assets | 22/27 | €1,065,752 | €1,098,467 | +€32,715 | +3.1% |
| Land and buildings | 22 | €1,065,640 | €1,098,423 | +€32,783 | +3.1% |
| Furniture and vehicles | 24 | €112 | €45 | -€68 | -60.2% |
| Financial fixed assets | 28 | €31,175 | €31,175 | = | 0.0% |
| Current assets | 29/58 | €247,293 | €195,386 | -€51,907 | -21.0% |
| Amounts receivable within one year | 40/41 | €228,753 | €180,453 | -€48,300 | -21.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €228,753 | €180,453 | -€48,300 | -21.1% |
| Cash at bank and in hand | 54/58 | €6,173 | €6,272 | +€99 | +1.6% |
| Deferred charges and accrued income | 490/1 | €12,367 | €8,661 | -€3,706 | -30.0% |
| Total equity and liabilities | 10/49 | €1,344,220 | €1,325,028 | -€19,192 | -1.4% |
| Equity | 10/15 | €407,607 | €385,581 | -€22,026 | -5.4% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Capital | 10 | €66,000 | €66,000 | = | 0.0% |
| Issued capital | 100 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €341,607 | €324,638 | -€16,969 | -5.0% |
| Non-distributable reserves | 130/1 | €40 | €40 | = | 0.0% |
| Legal reserve | 130 | €40 | €40 | = | 0.0% |
| Tax-exempt reserves | 132 | €340,828 | €324,598 | -€16,230 | -4.8% |
| Distributable reserves | 133 | €739 | €0 | -€739 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€5,057 | -€5,057 | |
| Provisions and deferred taxes | 16 | €85,207 | €81,149 | -€4,057 | -4.8% |
| Deferred taxes | 168 | €85,207 | €81,149 | -€4,057 | -4.8% |
| Amounts payable | 17/49 | €851,407 | €858,298 | +€6,891 | +0.8% |
| Amounts payable after more than one year | 17 | €748,229 | €755,100 | +€6,870 | +0.9% |
| Financial debts | 170/4 | €748,229 | €755,100 | +€6,870 | +0.9% |
| Amounts payable within one year | 42/48 | €80,587 | €77,472 | -€3,115 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €47,185 | €53,130 | +€5,945 | +12.6% |
| Trade debts | 44 | €2,288 | €2,454 | +€166 | +7.2% |
| Suppliers | 440/4 | €2,288 | €2,454 | +€166 | +7.2% |
| Taxes, remuneration and social security | 45 | €8,104 | €4,688 | -€3,416 | -42.2% |
| Taxes | 450/3 | €214 | €51 | -€163 | -76.0% |
| Remuneration and social security | 454/9 | €7,890 | €4,637 | -€3,253 | -41.2% |
| Other amounts payable | 47/48 | €23,010 | €17,200 | -€5,810 | -25.2% |
| Accrued charges and deferred income | 492/3 | €22,591 | €25,726 | +€3,136 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,908 | €48,287 | +€8,380 | +21.0% |
| Other operating charges | 640/8 | €12,968 | €15,037 | +€2,069 | +16.0% |
| Gross operating margin | 9900 | €71,603 | €57,609 | -€13,995 | -19.5% |
| Operating profit (loss) | 9901 | €18,727 | -€5,716 | -€24,443 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €21,435 | €20,367 | -€1,068 | -5.0% |
| Recurring financial charges | 65 | €21,435 | €20,367 | -€1,068 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,707 | -€26,083 | -€23,376 | -864% |
| Transfer from deferred taxes | 780 | €4,057 | €4,057 | = | 0.0% |
| Income taxes | 67/77 | €146 | €0 | -€146 | -100% |
| Profit (loss) for the period | 9904 | €1,205 | -€22,026 | -€23,230 | |
| Transfer from tax-exempt reserves | 789 | €16,230 | €16,230 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,435 | -€5,796 | -€23,230 |
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 16 October 2026 via checked.be.