BAR JULIETTE: 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.
BAR JULIETTE
Largest movements
- Tangible fixed assets +€125,834
up €125,834 (+316%), from €39,791 to €165,624
of which Land and buildings: +€133,081
- Cash -€17,891
down €17,891 (-35.1%), from €50,901 to €33,010
mainly Investment in fixed assets (net) (-€158,016) and Contributions, distributions and other (-€29,000)
- Debts after one year +€122,353
up €122,353 (+6,063%), from €2,018 to €124,371
- Other debts -€16,492
down €16,492 (-29.9%), from €55,135 to €38,644
- Current portion of long-term debt +€4,364
up €4,364 (+90.9%), from €4,800 to €9,164
- Depreciation +€18,295
up €18,295 (+127%), from €14,387 to €32,682
- Gross operating margin -€3,434
down €3,434 (-4.8%), from €71,384 to €67,951
- Financial charges +€2,617
up €2,617 (+180%), from €1,450 to €4,067
- Taxes -€1,179
down €1,179 (-89.7%), from €1,314 to €135
- Other operating charges -€888
down €888 (-32.5%), from €2,733 to €1,845
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.
Derived cash bridge
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 | €101,694 | €211,798 | +€110,104 | +108% |
| Fixed assets | 21/28 | €41,749 | €167,083 | +€125,334 | +300% |
| Intangible fixed assets | 21 | €1,958 | €1,458 | -€500 | -25.5% |
| Tangible fixed assets | 22/27 | €39,791 | €165,624 | +€125,834 | +316% |
| Land and buildings | 22 | - | €133,081 | +€133,081 | |
| Plant, machinery and equipment | 23 | €36,423 | €29,935 | -€6,488 | -17.8% |
| Furniture and vehicles | 24 | €1,989 | €1,430 | -€559 | -28.1% |
| Other tangible fixed assets | 26 | €1,379 | €1,179 | -€200 | -14.5% |
| Current assets | 29/58 | €59,945 | €44,715 | -€15,230 | -25.4% |
| Stocks and contracts in progress | 3 | €3,165 | €4,748 | +€1,583 | +50.0% |
| Stocks | 30/36 | €3,165 | €4,748 | +€1,583 | +50.0% |
| Amounts receivable within one year | 40/41 | €2,722 | €4,757 | +€2,035 | +74.8% |
| Trade receivables | 40 | €1,200 | - | -€1,200 | |
| Other amounts receivable | 41 | €1,522 | €4,757 | +€3,235 | +212% |
| Cash at bank and in hand | 54/58 | €50,901 | €33,010 | -€17,891 | -35.1% |
| Deferred charges and accrued income | 490/1 | €3,157 | €2,200 | -€957 | -30.3% |
| Total equity and liabilities | 10/49 | €101,694 | €211,798 | +€110,104 | +108% |
| Equity | 10/15 | €25,578 | €25,886 | +€308 | +1.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €25,478 | €25,786 | +€308 | +1.2% |
| Distributable reserves | 133 | €25,478 | €25,786 | +€308 | +1.2% |
| Amounts payable | 17/49 | €76,116 | €185,912 | +€109,796 | +144% |
| Amounts payable after more than one year | 17 | €2,018 | €124,371 | +€122,353 | +6,063% |
| Financial debts | 170/4 | €2,018 | €124,371 | +€122,353 | +6,063% |
| Amounts payable within one year | 42/48 | €72,065 | €59,508 | -€12,557 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €4,800 | €9,164 | +€4,364 | +90.9% |
| Trade debts | 44 | €8,761 | €8,102 | -€660 | -7.5% |
| Suppliers | 440/4 | €8,761 | €8,102 | -€660 | -7.5% |
| Taxes, remuneration and social security | 45 | €3,368 | €3,599 | +€231 | +6.8% |
| Taxes | 450/3 | €3,368 | €3,599 | +€231 | +6.8% |
| Other amounts payable | 47/48 | €55,135 | €38,644 | -€16,492 | -29.9% |
| Accrued charges and deferred income | 492/3 | €2,033 | €2,033 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,387 | €32,682 | +€18,295 | +127% |
| Other operating charges | 640/8 | €2,733 | €1,845 | -€888 | -32.5% |
| Gross operating margin | 9900 | €71,384 | €67,951 | -€3,434 | -4.8% |
| Operating profit (loss) | 9901 | €54,265 | €33,424 | -€20,841 | -38.4% |
| Financial income | 75/76B | €145 | €86 | -€59 | -40.8% |
| Recurring financial income | 75 | €145 | €86 | -€59 | -40.8% |
| Financial charges | 65/66B | €1,450 | €4,067 | +€2,617 | +180% |
| Recurring financial charges | 65 | €1,450 | €4,067 | +€2,617 | +180% |
| Profit (loss) for the period before taxes | 9903 | €52,960 | €29,443 | -€23,517 | -44.4% |
| Income taxes | 67/77 | €1,314 | €135 | -€1,179 | -89.7% |
| Profit (loss) for the period | 9904 | €51,646 | €29,308 | -€22,338 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,646 | €29,308 | -€22,338 | -43.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.