By Julot: 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.
By Julot
Largest movements
- Receivables within one year +€5,659
up €5,659 (+15.8%), from €35,760 to €41,419
of which Trade receivables: +€5,819
- Cash +€2,788
up €2,788 (+9.2%), from €30,251 to €33,039
mainly Trade debts (+€10,659) and Net result for the year (+€303)
- Trade debts +€10,659
up €10,659 (+51.7%), from €20,626 to €31,285
- Tax, wage and social debts -€1,766
down €1,766 (-10.9%), from €16,155 to €14,389
of which Taxes: -€2,909
- Gross operating margin -€10,434
down €10,434 (-12.6%), from €82,720 to €72,286
- Staff costs -€3,923
down €3,923 (-5.3%), from €74,670 to €70,747
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 | €66,011 | €74,458 | +€8,447 | +12.8% |
| Current assets | 29/58 | €66,011 | €74,458 | +€8,447 | +12.8% |
| Amounts receivable within one year | 40/41 | €35,760 | €41,419 | +€5,659 | +15.8% |
| Trade receivables | 40 | €35,574 | €41,393 | +€5,819 | +16.4% |
| Other amounts receivable | 41 | €186 | €26 | -€160 | -85.9% |
| Cash at bank and in hand | 54/58 | €30,251 | €33,039 | +€2,788 | +9.2% |
| Total equity and liabilities | 10/49 | €66,011 | €74,458 | +€8,447 | +12.8% |
| Equity | 10/15 | €27,477 | €27,780 | +€303 | +1.1% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €6,477 | €6,780 | +€303 | +4.7% |
| Non-distributable reserves | 130/1 | €2,100 | €0 | -€2,100 | -100% |
| Reserves not available under the articles | 1311 | €2,100 | €0 | -€2,100 | -100% |
| Distributable reserves | 133 | €4,377 | €6,780 | +€2,403 | +54.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,534 | €46,678 | +€8,144 | +21.1% |
| Amounts payable within one year | 42/48 | €38,208 | €46,606 | +€8,397 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €496 | €0 | -€496 | -100% |
| Trade debts | 44 | €20,626 | €31,285 | +€10,659 | +51.7% |
| Suppliers | 440/4 | €20,626 | €31,285 | +€10,659 | +51.7% |
| Taxes, remuneration and social security | 45 | €16,155 | €14,389 | -€1,766 | -10.9% |
| Taxes | 450/3 | €6,682 | €3,773 | -€2,909 | -43.5% |
| Remuneration and social security | 454/9 | €9,473 | €10,617 | +€1,143 | +12.1% |
| Other amounts payable | 47/48 | €932 | €932 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €326 | €73 | -€254 | -77.8% |
| Remuneration, social security and pensions | 62 | €74,670 | €70,747 | -€3,923 | -5.3% |
| Other operating charges | 640/8 | €516 | €528 | +€12 | +2.3% |
| Gross operating margin | 9900 | €82,720 | €72,286 | -€10,434 | -12.6% |
| Operating profit (loss) | 9901 | €7,534 | €1,011 | -€6,522 | -86.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €409 | €328 | -€81 | -19.9% |
| Recurring financial charges | 65 | €409 | €328 | -€81 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €7,125 | €684 | -€6,441 | -90.4% |
| Income taxes | 67/77 | €133 | €381 | +€248 | +187% |
| Profit (loss) for the period | 9904 | €6,992 | €303 | -€6,689 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,992 | €303 | -€6,689 | -95.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.