From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
JUELLE has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €563,986 and a net result of €85,795. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 71% of 10,789 sector peers (NACE 70, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-06-2026
- Format
- abbreviated format
- Reference
- 2026-00200226
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
≈ €290,000
Estimated: probably between €240,000 and €380,000
Total assets
€755,052▲ 3.9%
2024 · €727,033
Net result
€85,795
2024 · -€20,709
Working capital
€102,396▲ 176%
2024 · €37,153
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €131,407 after a loss of €15,935 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€131,407
2025
Net result€85,795
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€755,052
2025
Equity€563,986
2025
Debt€191,067
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€102,396
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)11.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency74.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.60
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.3
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€24,220-€8,106▼ 66.5%-€950€45,686€100,841▲ 121%€92,426▼ 8.3%-€15,935€131,407
Net result€12,444-€1,924▼ 84.5%-€5,119below the sector's middle half€27,575within the sector's middle half€64,919within the sector's middle half▲ 135%€58,595within the sector's middle half▼ 9.7%-€20,709below the sector's middle half€85,795within the sector's middle half
Equity€397,812-€399,736▲ 0.5%€394,617within the sector's middle half▼ 1.3%€422,192above the sector's middle half▲ 7.0%€453,873within the sector's middle half▲ 7.5%€512,468within the sector's middle half▲ 12.9%€491,760within the sector's middle half▼ 4.0%€563,986within the sector's middle half▲ 14.7%
Total assets€443,754-€439,796▼ 0.9%€529,427within the sector's middle half▲ 20.4%€548,716above the sector's middle half▲ 3.6%€575,034within the sector's middle half▲ 4.8%€616,752within the sector's middle half▲ 7.3%€727,033within the sector's middle half▲ 17.9%€755,052within the sector's middle half▲ 3.9%
Debt€45,941-€40,060▼ 12.8%€134,810▲ 237%€126,523▼ 6.1%€121,161▼ 4.2%€104,283▼ 13.9%€235,273▲ 126%€191,067▼ 18.8%
Working capital-€3,333--€644▲ 80.7%-€28,088within the sector's middle half▼ 4,264%-€10,997below the sector's middle half▲ 60.8%€6,495within the sector's middle half€60,183within the sector's middle half▲ 827%€37,153within the sector's middle half▼ 38.3%€102,396within the sector's middle half▲ 176%
Solvency89.6%-90.9%▲ 1.2pp74.5%within the sector's middle half▼ 16.4pp76.9%within the sector's middle half▲ 2.4pp78.9%above the sector's middle half▲ 2.0pp83.1%above the sector's middle half▲ 4.2pp67.6%within the sector's middle half▼ 15.5pp74.7%within the sector's middle half▲ 7.1pp
Current ratio0.93-0.98▲ 0.060.62within the sector's middle half▼ 0.360.87below the sector's middle half▲ 0.251.07within the sector's middle half▲ 0.201.66within the sector's middle half▲ 0.591.19within the sector's middle half▼ 0.471.60within the sector's middle half▲ 0.41
Return on assets (ROA)2.8%-0.4%▼ 2.4pp-1.0%below the sector's middle half▼ 1.4pp5.0%within the sector's middle half▲ 6.0pp11.3%within the sector's middle half▲ 6.3pp9.5%within the sector's middle half▼ 1.8pp-2.8%below the sector's middle half▼ 12.3pp11.4%within the sector's middle half▲ 14.2pp
Staff (FTE)0.3-0.3=0.3below the sector's middle half=1▲ 233%0.3below the sector's middle half▼ 70.0%0.3within the sector's middle half=0.3within the sector's middle half=0.3within the sector's middle half=
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €755,052
Fixed assets
€482,230 ▼ 1.9%
Current assets
€272,822 ▲ 15.9%
Equity and liabilities €755,052
Equity
€563,986 ▲ 14.7%
Debt
€191,067 ▼ 18.8%
Debt's share of the balance-sheet total falls from 32.4% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
15.2%▲
2024 · -4.2%
Debt ≤ 1 year
€170,426▼
2024 · €198,190
Debt > 1 year
€19,990▼
2024 · €36,433
Income taxes
€39,701▲
2024 · €1,581
Staff costs
€25,023▲
2024 · €24,616
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | €195,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €21,456 | €22,281 | €24,893 | €24,616 | €25,023 | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,357 | €765 | €6,918 | €19,327 | €21,857 | €25,060 | €21,222 | €24,609 | ▲ 16.0% |
| Other operating charges640/8 | - | - | - | €1,885 | €2,035 | €2,006 | €5,997 | €2,895 | ▼ 51.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €262,016 | €0 | ▼ 100% |
| Gross operating margin9900 | €51,805 | €32,656 | €28,417 | €88,355 | €147,013 | €144,385 | €297,916 | €183,934 | ▼ 38.3% |
| Operating profit (loss)9901 | €24,220 | €8,106 | -€950 | €45,686 | €100,841 | €92,426 | -€15,935 | €131,407 | - |
| Financial income75/76B | - | - | - | €31 | €0 | - | €0 | €0 | ▲ 100% |
| Recurring financial income75 | €0 | €10 | €24 | €31 | €0 | - | €0 | €0 | ▲ 100% |
| Financial charges65/66B | - | - | - | €2,849 | €2,429 | €3,196 | €3,192 | €5,912 | ▲ 85.2% |
| Recurring financial charges65 | €1,614 | €1,488 | €2,453 | €2,849 | €2,429 | €3,196 | €3,192 | €5,912 | ▲ 85.2% |
| Profit (loss) for the period before taxes9903 | €22,606 | €6,628 | -€3,379 | €42,868 | €98,412 | €89,229 | -€19,128 | €125,495 | - |
| Income taxes67/77 | €10,161 | €4,703 | €1,740 | €15,292 | €33,493 | €30,634 | €1,581 | €39,701 | ▲ 25× |
| Profit (loss) for the period9904 | €12,444 | €1,924 | -€5,119 | €27,575 | €64,919 | €58,595 | -€20,709 | €85,795 | - |
| Profit (loss) for the period to be appropriated9905 | €12,444 | €1,924 | -€5,119 | €27,575 | €64,919 | €58,595 | -€20,709 | €85,795 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €443,754 | €439,796 | €529,427 | €548,716 | €575,034 | €616,752 | €727,033 | €755,052 | ▲ 3.9% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €401,645 | €400,880 | €483,654 | €477,526 | €476,517 | €465,205 | €491,690 | €482,230 | ▼ 1.9% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €1,623 | €858 | €83,632 | €77,503 | €76,495 | €65,183 | €91,668 | €82,230 | ▼ 10.3% |
| Plant, machinery and equipment23 | - | - | - | €857 | €622 | €387 | €152 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €76,646 | €63,661 | €43,117 | €68,692 | €58,210 | ▼ 15.3% |
| Other tangible fixed assets26 | - | - | - | - | €12,212 | €21,679 | €22,824 | €24,021 | ▲ 5.2% |
| Financial fixed assets28 | €400,022 | €400,022 | €400,022 | €400,022 | €400,022 | €400,022 | €400,022 | €400,000 | = |
| Current assets29/58 | €42,108 | €38,916 | €45,773 | €71,190 | €98,517 | €151,547 | €235,343 | €272,822 | ▲ 15.9% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €15,954 | €35,392 | €37,997 | €36,958 | €47,677 | €62,342 | €175,279 | €211,855 | ▲ 20.9% |
| Trade receivables40 | - | - | - | €36,669 | €38,609 | €39,339 | €85,986 | €175,971 | ▲ 105% |
| Other amounts receivable41 | - | - | - | €289 | €9,067 | €23,002 | €89,293 | €35,885 | ▼ 59.8% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €25,114 | €2,234 | €5,389 | €31,135 | €42,271 | €79,682 | €55,872 | €58,385 | ▲ 4.5% |
| Deferred charges and accrued income490/1 | - | - | - | €3,097 | €8,570 | €9,524 | €4,191 | €2,582 | ▼ 38.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €443,754 | €439,796 | €529,427 | €548,716 | €575,034 | €616,752 | €727,033 | €755,052 | ▲ 3.9% |
| Equity10/15 | €397,812 | €399,736 | €394,617 | €422,192 | €453,873 | €512,468 | €491,760 | €563,986 | ▲ 14.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €385,412 | €387,336 | €382,217 | €409,792 | €441,473 | €500,068 | €479,360 | €551,586 | ▲ 15.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €407,932 | €439,613 | €500,068 | €479,360 | €551,586 | ▲ 15.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €45,941 | €40,060 | €134,810 | €126,523 | €121,161 | €104,283 | €235,273 | €191,067 | ▼ 18.8% |
| Amounts payable after more than one year17 | - | - | €60,449 | €43,216 | €28,489 | €12,270 | €36,433 | €19,990 | ▼ 45.1% |
| Financial debts170/4 | - | - | - | €43,216 | €28,489 | €12,270 | €36,433 | €19,990 | ▼ 45.1% |
| Amounts payable within one year42/48 | €45,441 | €39,560 | €73,861 | €82,187 | €92,022 | €91,363 | €198,190 | €170,426 | ▼ 14.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,233 | €16,059 | €16,219 | €15,829 | €16,443 | ▲ 3.9% |
| Financial debts43 | - | - | - | €3,333 | €3,333 | €6,667 | €56,596 | €8,428 | ▼ 85.1% |
| Credit institutions430/8 | - | - | - | €3,333 | €3,333 | €6,667 | €56,596 | €8,428 | ▼ 85.1% |
| Trade debts44 | €3,037 | €404 | €1,574 | €6,330 | €10,683 | €1,824 | €626 | €4,363 | ▲ 597% |
| Suppliers440/4 | - | - | - | €6,330 | €10,683 | €1,824 | €626 | €4,363 | ▲ 597% |
| Taxes, remuneration and social security45 | - | - | - | €15,823 | €17,602 | €23,093 | €22,650 | €24,696 | ▲ 9.0% |
| Taxes450/3 | - | - | - | €7,820 | €9,253 | €14,030 | €13,589 | €16,863 | ▲ 24.1% |
| Remuneration and social security454/9 | - | - | - | €8,003 | €8,349 | €9,063 | €9,061 | €7,833 | ▼ 13.6% |
| Other amounts payable47/48 | - | - | - | €39,468 | €44,345 | €43,561 | €102,489 | €116,497 | ▲ 13.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,120 | €650 | €650 | €650 | €650 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,444 | €1,924 | -€5,119 | €27,575 | €64,919 | €58,595 | -€20,709 | €85,795 | - |
| + Depreciation and write-downs630 | €5,357 | €765 | €6,918 | €19,327 | €21,857 | €25,060 | €21,222 | €24,609 | ▲ 16.0% |
| Operating cash flow (approximation) | €17,802 | €2,690 | €1,799 | €46,902 | €86,776 | €83,655 | €513 | €110,404 | ▲ 215× |
| Investment in fixed assets (approximation) | - | €0 | -€89,692 | -€13,199 | -€20,848 | -€13,748 | -€47,706 | -€15,150 | ▲ 68.2% |
| Change in cash | - | -€22,880 | €3,156 | €25,745 | €11,136 | €37,411 | -€23,809 | €2,512 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-06-2026 | 2026-00200226 | NBB |
| 31-12-2024 | abbreviated format | 17-06-2025 | 2025-00154312 | |
| 31-12-2023 | abbreviated format | 13-06-2024 | 2024-00131079 | |
| 31-12-2022 | abbreviated format | 23-05-2023 | 2023-00093774 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20080066 | |
| 31-12-2020 | abbreviated format | 22-06-2021 | 2021-22600394 | |
| 31-12-2019 | abbreviated format | 22-06-2020 | 2020-18900546 | |
| 31-12-2018 | abbreviated format | 21-06-2019 | 2019-20900069 | |
| 31-12-2017 | abbreviated format | 04-07-2018 | 2018-28800177 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-24500058 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.