JURSTEP: 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.
JURSTEP
Largest movements
- Tangible fixed assets +€118,738
up €118,738 (+26.4%), from €449,300 to €568,038
of which Leasing and similar rights: +€193,645
- Cash -€103,263
down €103,263 (-31.2%), from €331,337 to €228,074
mainly Investment in fixed assets (net) (-€243,929) and Trade debts (-€52,118)
- Receivables within one year -€47,902
down €47,902 (-67.3%), from €71,127 to €23,225
of which Other amounts receivable: -€37,641
- Intangible fixed assets -€38,286
down €38,286 (-51.8%), from €73,840 to €35,555
- Deferred charges and accrued income +€24,851
up €24,851 (+88.2%), from €28,175 to €53,027
- Trade debts -€52,118
down €52,118 (-7.9%), from €662,318 to €610,200
- Debts after one year +€43,608
up €43,608 (+23.6%), from €184,528 to €228,136
- Current portion of long-term debt +€34,728
up €34,728 (+35.0%), from €99,345 to €134,073
- Accrued charges and deferred income -€28,138
down €28,138 (-100.0%), from €28,138 to €0
- Short-term financial debts -€26,000
down €26,000 (-20.8%), from €125,000 to €99,000
- Staff costs +€80,126
up €80,126 (+16.3%), from €492,620 to €572,746
- Gross operating margin -€44,199
down €44,199 (-5.1%), from €867,037 to €822,838
- Other operating charges -€28,637
down €28,637 (-38.7%), from €74,067 to €45,429
- Taxes -€27,177
down €27,177 (-100.0%), from €27,177 to €0
- Financial charges -€11,399
down €11,399 (-19.8%), from €57,642 to €46,243
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 | €1,661,914 | €1,620,658 | -€41,256 | -2.5% |
| Fixed assets | 21/28 | €523,140 | €603,592 | +€80,452 | +15.4% |
| Intangible fixed assets | 21 | €73,840 | €35,555 | -€38,286 | -51.8% |
| Tangible fixed assets | 22/27 | €449,300 | €568,038 | +€118,738 | +26.4% |
| Plant, machinery and equipment | 23 | €441,322 | €368,912 | -€72,410 | -16.4% |
| Furniture and vehicles | 24 | €7,978 | €5,481 | -€2,497 | -31.3% |
| Leasing and similar rights | 25 | - | €193,645 | +€193,645 | |
| Current assets | 29/58 | €1,138,774 | €1,017,065 | -€121,708 | -10.7% |
| Stocks and contracts in progress | 3 | €708,135 | €712,739 | +€4,605 | +0.7% |
| Stocks | 30/36 | €708,135 | €712,739 | +€4,605 | +0.7% |
| Amounts receivable within one year | 40/41 | €71,127 | €23,225 | -€47,902 | -67.3% |
| Trade receivables | 40 | €10,261 | €0 | -€10,261 | -100.0% |
| Other amounts receivable | 41 | €60,866 | €23,225 | -€37,641 | -61.8% |
| Cash at bank and in hand | 54/58 | €331,337 | €228,074 | -€103,263 | -31.2% |
| Deferred charges and accrued income | 490/1 | €28,175 | €53,027 | +€24,851 | +88.2% |
| Total equity and liabilities | 10/49 | €1,661,914 | €1,620,658 | -€41,256 | -2.5% |
| Equity | 10/15 | €367,859 | €351,791 | -€16,068 | -4.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €307,859 | €291,791 | -€16,068 | -5.2% |
| Distributable reserves | 133 | €307,859 | €291,791 | -€16,068 | -5.2% |
| Amounts payable | 17/49 | €1,294,054 | €1,268,866 | -€25,188 | -1.9% |
| Amounts payable after more than one year | 17 | €184,528 | €228,136 | +€43,608 | +23.6% |
| Financial debts | 170/4 | €184,528 | €228,136 | +€43,608 | +23.6% |
| Amounts payable within one year | 42/48 | €1,081,388 | €1,040,730 | -€40,658 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €99,345 | €134,073 | +€34,728 | +35.0% |
| Financial debts | 43 | €125,000 | €99,000 | -€26,000 | -20.8% |
| Credit institutions | 430/8 | €125,000 | €99,000 | -€26,000 | -20.8% |
| Trade debts | 44 | €662,318 | €610,200 | -€52,118 | -7.9% |
| Suppliers | 440/4 | €662,318 | €610,200 | -€52,118 | -7.9% |
| Taxes, remuneration and social security | 45 | €69,605 | €72,799 | +€3,194 | +4.6% |
| Taxes | 450/3 | €8,880 | €2,856 | -€6,023 | -67.8% |
| Remuneration and social security | 454/9 | €60,725 | €69,943 | +€9,217 | +15.2% |
| Other amounts payable | 47/48 | €125,120 | €124,658 | -€462 | -0.4% |
| Accrued charges and deferred income | 492/3 | €28,138 | €0 | -€28,138 | -100.0% |
| Remuneration, social security and pensions | 62 | €492,620 | €572,746 | +€80,126 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,043 | €163,477 | +€10,434 | +6.8% |
| Other operating charges | 640/8 | €74,067 | €45,429 | -€28,637 | -38.7% |
| Non-recurring operating charges | 66A | €0 | €11,390 | +€11,390 | |
| Gross operating margin | 9900 | €867,037 | €822,838 | -€44,199 | -5.1% |
| Operating profit (loss) | 9901 | €147,308 | €29,797 | -€117,511 | -79.8% |
| Financial income | 75/76B | €323 | €378 | +€55 | +17.1% |
| Recurring financial income | 75 | €323 | €378 | +€55 | +17.1% |
| Financial charges | 65/66B | €57,642 | €46,243 | -€11,399 | -19.8% |
| Recurring financial charges | 65 | €57,642 | €46,243 | -€11,399 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €89,989 | -€16,068 | -€106,057 | |
| Income taxes | 67/77 | €27,177 | €0 | -€27,177 | -100.0% |
| Profit (loss) for the period | 9904 | €62,812 | -€16,068 | -€78,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,812 | -€16,068 | -€78,880 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.