JURTAN: 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.
JURTAN
Largest movements
- Tangible fixed assets -€49,321
down €49,321 (-26.5%), from €185,952 to €136,630
of which Land and buildings: -€55,528
- Cash +€43,017
up €43,017 (+26.5%), from €162,466 to €205,483
mainly Depreciation (+€73,827) and Trade debts (+€51,388)
- Stocks and contracts -€21,556
down €21,556 (-10.3%), from €210,297 to €188,741
- Receivables within one year +€16,124
up €16,124 (+57.5%), from €28,031 to €44,155
of which Trade receivables: +€13,965
- Trade debts +€51,388
up €51,388 (+16.7%), from €307,473 to €358,860
- Profit (loss) carried forward -€34,496
new in 2025: -€34,496
- Debts after one year -€27,488
down €27,488 (-31.2%), from €87,979 to €60,491
- Gross operating margin -€35,152
down €35,152 (-11.5%), from €304,975 to €269,822
- Financial charges -€5,502
down €5,502 (-29.2%), from €18,823 to €13,320
- Depreciation +€3,810
up €3,810 (+5.4%), from €70,017 to €73,827
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 | €587,779 | €578,092 | -€9,687 | -1.6% |
| Fixed assets | 21/28 | €185,952 | €136,630 | -€49,321 | -26.5% |
| Tangible fixed assets | 22/27 | €185,952 | €136,630 | -€49,321 | -26.5% |
| Land and buildings | 22 | €113,101 | €57,573 | -€55,528 | -49.1% |
| Plant, machinery and equipment | 23 | €70,402 | €72,188 | +€1,786 | +2.5% |
| Furniture and vehicles | 24 | €2,449 | €6,869 | +€4,420 | +180.5% |
| Current assets | 29/58 | €401,827 | €441,462 | +€39,635 | +9.9% |
| Stocks and contracts in progress | 3 | €210,297 | €188,741 | -€21,556 | -10.3% |
| Stocks | 30/36 | €210,297 | €188,741 | -€21,556 | -10.3% |
| Amounts receivable within one year | 40/41 | €28,031 | €44,155 | +€16,124 | +57.5% |
| Trade receivables | 40 | €1,121 | €15,086 | +€13,965 | +1245.5% |
| Other amounts receivable | 41 | €26,910 | €29,068 | +€2,159 | +8.0% |
| Cash at bank and in hand | 54/58 | €162,466 | €205,483 | +€43,017 | +26.5% |
| Deferred charges and accrued income | 490/1 | €1,034 | €3,083 | +€2,049 | +198.3% |
| Total equity and liabilities | 10/49 | €587,779 | €578,092 | -€9,687 | -1.6% |
| Equity | 10/15 | €164,402 | €127,104 | -€37,298 | -22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,802 | €143,000 | -€2,802 | -1.9% |
| Distributable reserves | 133 | €145,802 | €143,000 | -€2,802 | -1.9% |
| Profit (loss) carried forward | 14 | - | -€34,496 | -€34,496 | |
| Amounts payable | 17/49 | €423,377 | €450,988 | +€27,611 | +6.5% |
| Amounts payable after more than one year | 17 | €87,979 | €60,491 | -€27,488 | -31.2% |
| Financial debts | 170/4 | €87,979 | €60,491 | -€27,488 | -31.2% |
| Amounts payable within one year | 42/48 | €335,398 | €390,497 | +€55,099 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €10,360 | €10,821 | +€461 | +4.4% |
| Trade debts | 44 | €307,473 | €358,860 | +€51,388 | +16.7% |
| Suppliers | 440/4 | €307,473 | €358,860 | +€51,388 | +16.7% |
| Taxes, remuneration and social security | 45 | €17,560 | €20,782 | +€3,222 | +18.3% |
| Taxes | 450/3 | €1,447 | €3,842 | +€2,395 | +165.5% |
| Remuneration and social security | 454/9 | €16,113 | €16,940 | +€827 | +5.1% |
| Other amounts payable | 47/48 | €5 | €33 | +€29 | +603.6% |
| Remuneration, social security and pensions | 62 | €215,776 | €216,764 | +€988 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,017 | €73,827 | +€3,810 | +5.4% |
| Other operating charges | 640/8 | €2,040 | €4,426 | +€2,387 | +117.0% |
| Gross operating margin | 9900 | €304,975 | €269,822 | -€35,152 | -11.5% |
| Operating profit (loss) | 9901 | €17,142 | -€25,195 | -€42,337 | |
| Financial income | 75/76B | €529 | €1,217 | +€688 | +130.0% |
| Recurring financial income | 75 | €529 | €1,217 | +€688 | +130.0% |
| Financial charges | 65/66B | €18,823 | €13,320 | -€5,502 | -29.2% |
| Recurring financial charges | 65 | €18,823 | €13,320 | -€5,502 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,152 | -€37,298 | -€36,147 | -3138.8% |
| Income taxes | 67/77 | €920 | -€0 | -€920 | |
| Profit (loss) for the period | 9904 | -€2,072 | -€37,298 | -€35,226 | -1700.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,072 | -€37,298 | -€35,226 | -1700.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.