WERCA JURGEN: what changed
WERCA JURGEN
Largest movements
- Tangible fixed assets +€79,083
up €79,083 (+342%), from €23,097 to €102,181
of which Furniture and vehicles: +€99,630
- Cash +€34,473
up €34,473 (+66.3%), from €51,957 to €86,430
mainly Debts after one year (+€57,547) and Stocks and contracts (+€28,700)
- Stocks and contracts -€28,700
down €28,700 (-39.2%), from €73,200 to €44,500
- Receivables within one year +€21,400
up €21,400 (+28.8%), from €74,407 to €95,806
of which Other amounts receivable: +€24,682
- Debts after one year +€57,547
up €57,547 (+211%), from €27,222 to €84,768
- Reserves +€22,760
up €22,760 (+37.9%), from €60,003 to €82,764
of which Distributable reserves: +€22,760
- Trade debts +€12,018
up €12,018 (+59.9%), from €20,062 to €32,080
- Current portion of long-term debt +€10,172
up €10,172 (+29.2%), from €34,781 to €44,953
- Tax, wage and social debts +€3,759
up €3,759 (+5,592%), from €67 to €3,826
- Gross operating margin +€22,225
up €22,225 (+50.6%), from €43,957 to €66,182
- Other operating charges +€3,908
up €3,908 (+75.8%), from €5,158 to €9,067
- Taxes +€3,505
up €3,505 (+70.6%), from €4,965 to €8,469
- Depreciation +€1,797
up €1,797 (+8.2%), from €21,895 to €23,693
- Financial charges -€1,643
down €1,643 (-31.8%), from €5,167 to €3,524
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,662 | €328,917 | +€106,256 | +47.7% |
| Fixed assets | 21/28 | €23,097 | €102,181 | +€79,083 | +342% |
| Tangible fixed assets | 22/27 | €23,097 | €102,181 | +€79,083 | +342% |
| Land and buildings | 22 | €20,547 | - | -€20,547 | |
| Furniture and vehicles | 24 | €2,550 | €102,181 | +€99,630 | +3,907% |
| Current assets | 29/58 | €199,564 | €226,737 | +€27,173 | +13.6% |
| Stocks and contracts in progress | 3 | €73,200 | €44,500 | -€28,700 | -39.2% |
| Stocks | 30/36 | €73,200 | €44,500 | -€28,700 | -39.2% |
| Amounts receivable within one year | 40/41 | €74,407 | €95,806 | +€21,400 | +28.8% |
| Trade receivables | 40 | €46,435 | €43,153 | -€3,282 | -7.1% |
| Other amounts receivable | 41 | €27,972 | €52,654 | +€24,682 | +88.2% |
| Cash at bank and in hand | 54/58 | €51,957 | €86,430 | +€34,473 | +66.3% |
| Total equity and liabilities | 10/49 | €222,662 | €328,917 | +€106,256 | +47.7% |
| Equity | 10/15 | €140,529 | €163,290 | +€22,760 | +16.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €60,003 | €82,764 | +€22,760 | +37.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €53,803 | €76,564 | +€22,760 | +42.3% |
| Profit (loss) carried forward | 14 | €18,526 | €18,526 | = | 0.0% |
| Amounts payable | 17/49 | €82,132 | €165,628 | +€83,495 | +102% |
| Amounts payable after more than one year | 17 | €27,222 | €84,768 | +€57,547 | +211% |
| Financial debts | 170/4 | €27,222 | €84,768 | +€57,547 | +211% |
| Amounts payable within one year | 42/48 | €54,910 | €80,859 | +€25,949 | +47.3% |
| Current portion of amounts payable after more than one year | 42 | €34,781 | €44,953 | +€10,172 | +29.2% |
| Trade debts | 44 | €20,062 | €32,080 | +€12,018 | +59.9% |
| Suppliers | 440/4 | €20,062 | €32,080 | +€12,018 | +59.9% |
| Taxes, remuneration and social security | 45 | €67 | €3,826 | +€3,759 | +5,592% |
| Taxes | 450/3 | €67 | €3,826 | +€3,759 | +5,592% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,895 | €23,693 | +€1,797 | +8.2% |
| Other operating charges | 640/8 | €5,158 | €9,067 | +€3,908 | +75.8% |
| Gross operating margin | 9900 | €43,957 | €66,182 | +€22,225 | +50.6% |
| Operating profit (loss) | 9901 | €16,903 | €33,423 | +€16,520 | +97.7% |
| Financial income | 75/76B | €1,747 | €1,331 | -€415 | -23.8% |
| Recurring financial income | 75 | €1,747 | €1,331 | -€415 | -23.8% |
| Financial charges | 65/66B | €5,167 | €3,524 | -€1,643 | -31.8% |
| Recurring financial charges | 65 | €5,167 | €3,524 | -€1,643 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €13,483 | €31,230 | +€17,747 | +132% |
| Income taxes | 67/77 | €4,965 | €8,469 | +€3,505 | +70.6% |
| Profit (loss) for the period | 9904 | €8,518 | €22,760 | +€14,243 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €8,518 | €22,760 | +€14,243 | +167% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.