JUROPINA: 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.
JUROPINA
Largest movements
- Cash -€41,421
down €41,421 (-11.8%), from €349,898 to €308,477
mainly Contributions, distributions and other (-€151,000) and Other debts (-€61,575)
- Tangible fixed assets -€16,800
down €16,800 (-2.4%), from €691,784 to €674,984
of which Plant, machinery and equipment: -€12,609
- Other debts -€61,575
down €61,575 (-40.1%), from €153,452 to €91,877
- Tax, wage and social debts +€40,349
up €40,349 (+445%), from €9,076 to €49,425
of which Taxes: +€34,306
- Reserves -€23,012
down €23,012 (-4.1%), from €563,668 to €540,656
of which Non-distributable reserves: -€13,250
- Debts after one year -€11,470
down €11,470 (-7.0%), from €163,859 to €152,389
of which Financial debts: -€13,370
- Gross operating margin +€103,091
up €103,091 (+47.6%), from €216,737 to €319,828
- Taxes +€35,766
up €35,766 (+153%), from €23,367 to €59,133
- Staff costs +€11,576
up €11,576 (+20.7%), from €55,799 to €67,375
- Financial income +€3,567
up €3,567 (+959%), from €372 to €3,939
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,087,803 | €1,030,041 | -€57,762 | -5.3% |
| Fixed assets | 21/28 | €691,894 | €675,094 | -€16,800 | -2.4% |
| Tangible fixed assets | 22/27 | €691,784 | €674,984 | -€16,800 | -2.4% |
| Land and buildings | 22 | €643,587 | €651,698 | +€8,111 | +1.3% |
| Plant, machinery and equipment | 23 | €23,632 | €11,023 | -€12,609 | -53.4% |
| Furniture and vehicles | 24 | €24,565 | €12,262 | -€12,303 | -50.1% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €395,909 | €354,947 | -€40,962 | -10.3% |
| Amounts receivable within one year | 40/41 | €41,499 | €41,057 | -€442 | -1.1% |
| Trade receivables | 40 | €3,056 | €2,615 | -€441 | -14.4% |
| Other amounts receivable | 41 | €38,443 | €38,443 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €349,898 | €308,477 | -€41,421 | -11.8% |
| Deferred charges and accrued income | 490/1 | €4,512 | €5,413 | +€901 | +20.0% |
| Total equity and liabilities | 10/49 | €1,087,803 | €1,030,041 | -€57,762 | -5.3% |
| Equity | 10/15 | €717,094 | €694,082 | -€23,012 | -3.2% |
| Contributions | 10/11 | €132,500 | €132,500 | = | 0.0% |
| Reserves | 13 | €563,668 | €540,656 | -€23,012 | -4.1% |
| Non-distributable reserves | 130/1 | €13,250 | - | -€13,250 | |
| Reserves not available under the articles | 1311 | €13,250 | - | -€13,250 | |
| Tax-exempt reserves | 132 | €73,675 | €73,675 | = | 0.0% |
| Distributable reserves | 133 | €476,743 | €466,981 | -€9,762 | -2.0% |
| Profit (loss) carried forward | 14 | €20,926 | €20,926 | -€0 | 0.0% |
| Amounts payable | 17/49 | €370,709 | €335,959 | -€34,750 | -9.4% |
| Amounts payable after more than one year | 17 | €163,859 | €152,389 | -€11,470 | -7.0% |
| Financial debts | 170/4 | €163,859 | €150,489 | -€13,370 | -8.2% |
| Other amounts payable | 178/9 | - | €1,900 | +€1,900 | |
| Amounts payable within one year | 42/48 | €188,305 | €160,495 | -€27,810 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €20,086 | €14,441 | -€5,645 | -28.1% |
| Trade debts | 44 | €5,691 | €4,752 | -€939 | -16.5% |
| Suppliers | 440/4 | €5,691 | €4,752 | -€939 | -16.5% |
| Taxes, remuneration and social security | 45 | €9,076 | €49,425 | +€40,349 | +445% |
| Taxes | 450/3 | €3,289 | €37,595 | +€34,306 | +1,043% |
| Remuneration and social security | 454/9 | €5,787 | €11,830 | +€6,043 | +104% |
| Other amounts payable | 47/48 | €153,452 | €91,877 | -€61,575 | -40.1% |
| Accrued charges and deferred income | 492/3 | €18,545 | €23,075 | +€4,530 | +24.4% |
| Remuneration, social security and pensions | 62 | €55,799 | €67,375 | +€11,576 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,512 | €53,186 | +€1,674 | +3.2% |
| Other operating charges | 640/8 | €3,455 | €3,699 | +€244 | +7.1% |
| Gross operating margin | 9900 | €216,737 | €319,828 | +€103,091 | +47.6% |
| Operating profit (loss) | 9901 | €105,971 | €195,569 | +€89,598 | +84.5% |
| Financial income | 75/76B | €372 | €3,939 | +€3,567 | +959% |
| Recurring financial income | 75 | €372 | €3,939 | +€3,567 | +959% |
| Financial charges | 65/66B | €14,319 | €12,386 | -€1,933 | -13.5% |
| Recurring financial charges | 65 | €14,319 | €12,386 | -€1,933 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €92,024 | €187,121 | +€95,097 | +103% |
| Income taxes | 67/77 | €23,367 | €59,133 | +€35,766 | +153% |
| Profit (loss) for the period | 9904 | €68,657 | €127,988 | +€59,331 | +86.4% |
| Transfer to tax-exempt reserves | 689 | €73,675 | - | -€73,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,018 | €127,988 | +€133,006 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.