JuroFisc: 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.
JuroFisc
Largest movements
- Current investments -€105,000
no longer reported in 2023 (was €105,000)
- Cash +€13,820
up €13,820 (+36.7%), from €37,680 to €51,500
mainly Current investments (+€105,000) and Net result for the year (+€104,432)
- Reserves -€155,568
down €155,568 (-47.9%), from €324,685 to €169,117
of which Distributable reserves: -€155,568
- Other debts +€75,979
new in 2023: €75,979
- Debts after one year -€67,227
down €67,227 (-10.7%), from €630,688 to €563,460
- Tax, wage and social debts +€33,372
up €33,372 (+131%), from €25,423 to €58,796
of which Taxes: +€35,639
- Financial income +€22,560
up €22,560 (+872%), from €2,588 to €25,148
- Depreciation +€10,779
up €10,779 (+36.0%), from €29,929 to €40,708
- Financial charges -€4,931
down €4,931 (-36.1%), from €13,657 to €8,726
- Gross operating margin -€4,713
down €4,713 (-2.2%), from €218,421 to €213,708
- Staff costs +€4,138
up €4,138 (+10.8%), from €38,256 to €42,394
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,068,303 | €969,049 | -€99,254 | -9.3% |
| Fixed assets | 21/28 | €787,060 | €781,727 | -€5,333 | -0.7% |
| Tangible fixed assets | 22/27 | €730,860 | €725,527 | -€5,333 | -0.7% |
| Land and buildings | 22 | €635,177 | €652,066 | +€16,889 | +2.7% |
| Plant, machinery and equipment | 23 | €6,375 | €4,660 | -€1,715 | -26.9% |
| Furniture and vehicles | 24 | €89,308 | €68,801 | -€20,507 | -23.0% |
| Financial fixed assets | 28 | €56,200 | €56,200 | = | 0.0% |
| Current assets | 29/58 | €281,243 | €187,323 | -€93,921 | -33.4% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Trade receivables | 290 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,702 | €5,313 | -€389 | -6.8% |
| Other amounts receivable | 41 | €5,702 | €5,313 | -€389 | -6.8% |
| Current investments | 50/53 | €105,000 | - | -€105,000 | |
| Cash at bank and in hand | 54/58 | €37,680 | €51,500 | +€13,820 | +36.7% |
| Deferred charges and accrued income | 490/1 | €7,862 | €5,510 | -€2,352 | -29.9% |
| Total equity and liabilities | 10/49 | €1,068,303 | €969,049 | -€99,254 | -9.3% |
| Equity | 10/15 | €343,285 | €187,717 | -€155,568 | -45.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €324,685 | €169,117 | -€155,568 | -47.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €322,825 | €167,257 | -€155,568 | -48.2% |
| Amounts payable | 17/49 | €725,018 | €781,333 | +€56,315 | +7.8% |
| Amounts payable after more than one year | 17 | €630,688 | €563,460 | -€67,227 | -10.7% |
| Financial debts | 170/4 | €630,688 | €563,460 | -€67,227 | -10.7% |
| Amounts payable within one year | 42/48 | €94,330 | €217,872 | +€123,542 | +131% |
| Current portion of amounts payable after more than one year | 42 | €67,237 | €75,699 | +€8,462 | +12.6% |
| Trade debts | 44 | €1,670 | €7,398 | +€5,728 | +343% |
| Suppliers | 440/4 | €1,670 | €7,398 | +€5,728 | +343% |
| Taxes, remuneration and social security | 45 | €25,423 | €58,796 | +€33,372 | +131% |
| Taxes | 450/3 | €18,682 | €54,321 | +€35,639 | +191% |
| Remuneration and social security | 454/9 | €6,741 | €4,475 | -€2,266 | -33.6% |
| Other amounts payable | 47/48 | - | €75,979 | +€75,979 | |
| Non-recurring operating income | 76A | €46,985 | - | -€46,985 | |
| Remuneration, social security and pensions | 62 | €38,256 | €42,394 | +€4,138 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,929 | €40,708 | +€10,779 | +36.0% |
| Other operating charges | 640/8 | €5,339 | €7,654 | +€2,315 | +43.4% |
| Gross operating margin | 9900 | €218,421 | €213,708 | -€4,713 | -2.2% |
| Operating profit (loss) | 9901 | €144,898 | €122,953 | -€21,945 | -15.1% |
| Financial income | 75/76B | €2,588 | €25,148 | +€22,560 | +872% |
| Recurring financial income | 75 | €2,588 | €25,148 | +€22,560 | +872% |
| Financial charges | 65/66B | €13,657 | €8,726 | -€4,931 | -36.1% |
| Recurring financial charges | 65 | €13,657 | €8,726 | -€4,931 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €133,828 | €139,374 | +€5,546 | +4.1% |
| Income taxes | 67/77 | €33,703 | €34,943 | +€1,240 | +3.7% |
| Profit (loss) for the period | 9904 | €100,125 | €104,432 | +€4,307 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €100,125 | €104,432 | +€4,307 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.