CK Julti: 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.
CK Julti
Largest movements
- Stocks and contracts +€666,742
up €666,742 (+101.9%), from €654,458 to €1.3m
- Tangible fixed assets -€113,207
down €113,207 (-24.1%), from €470,223 to €357,015
of which Land and buildings: -€112,816
- Cash -€91,330
down €91,330 (-80.5%), from €113,457 to €22,127
- Receivables within one year -€32,384
down €32,384 (-67.3%), from €48,106 to €15,721
of which Trade receivables: -€32,036
- Debts after one year +€855,000
up €855,000 (+245.0%), from €349,000 to €1.2m
- Short-term financial debts -€370,000
down €370,000 (-68.5%), from €540,000 to €170,000
- Other debts +€129,361
up €129,361 (+372.7%), from €34,712 to €164,074
- Trade debts -€96,118
down €96,118 (-99.6%), from €96,534 to €416
- Profit (loss) carried forward -€57,889
down €57,889 (-54.0%), from €107,144 to €49,255
- Gross operating margin -€113,900
down €113,900, from €111,477 to -€2,423
- Taxes -€19,154
down €19,154, from €19,134 to -€20
- Financial charges +€14,117
up €14,117 (+26.9%), from €52,530 to €66,647
- Other operating charges -€1,139
down €1,139 (-52.1%), from €2,189 to €1,050
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,309,243 | €1,751,064 | +€441,820 | +33.7% |
| Fixed assets | 21/28 | €470,223 | €357,015 | -€113,207 | -24.1% |
| Tangible fixed assets | 22/27 | €470,223 | €357,015 | -€113,207 | -24.1% |
| Land and buildings | 22 | €469,266 | €356,450 | -€112,816 | -24.0% |
| Plant, machinery and equipment | 23 | €956 | €565 | -€391 | -40.9% |
| Current assets | 29/58 | €839,020 | €1,394,048 | +€555,028 | +66.2% |
| Amounts receivable after more than one year | 29 | €23,000 | €35,000 | +€12,000 | +52.2% |
| Other amounts receivable | 291 | €23,000 | €35,000 | +€12,000 | +52.2% |
| Stocks and contracts in progress | 3 | €654,458 | €1,321,200 | +€666,742 | +101.9% |
| Stocks | 30/36 | €654,458 | €1,321,200 | +€666,742 | +101.9% |
| Amounts receivable within one year | 40/41 | €48,106 | €15,721 | -€32,384 | -67.3% |
| Trade receivables | 40 | €46,624 | €14,587 | -€32,036 | -68.7% |
| Other amounts receivable | 41 | €1,482 | €1,134 | -€348 | -23.5% |
| Cash at bank and in hand | 54/58 | €113,457 | €22,127 | -€91,330 | -80.5% |
| Total equity and liabilities | 10/49 | €1,309,243 | €1,751,064 | +€441,820 | +33.7% |
| Equity | 10/15 | €262,546 | €208,591 | -€53,955 | -20.6% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €75,401 | €79,336 | +€3,934 | +5.2% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €67,401 | €71,336 | +€3,934 | +5.8% |
| Profit (loss) carried forward | 14 | €107,144 | €49,255 | -€57,889 | -54.0% |
| Amounts payable | 17/49 | €1,046,698 | €1,542,473 | +€495,776 | +47.4% |
| Amounts payable after more than one year | 17 | €349,000 | €1,204,000 | +€855,000 | +245.0% |
| Financial debts | 170/4 | €349,000 | €1,204,000 | +€855,000 | +245.0% |
| Amounts payable within one year | 42/48 | €688,977 | €338,076 | -€350,901 | -50.9% |
| Financial debts | 43 | €540,000 | €170,000 | -€370,000 | -68.5% |
| Credit institutions | 430/8 | €540,000 | €170,000 | -€370,000 | -68.5% |
| Trade debts | 44 | €96,534 | €416 | -€96,118 | -99.6% |
| Suppliers | 440/4 | €96,534 | €416 | -€96,118 | -99.6% |
| Taxes, remuneration and social security | 45 | €17,731 | €3,586 | -€14,145 | -79.8% |
| Taxes | 450/3 | €17,731 | €3,586 | -€14,145 | -79.8% |
| Other amounts payable | 47/48 | €34,712 | €164,074 | +€129,361 | +372.7% |
| Accrued charges and deferred income | 492/3 | €8,721 | €398 | -€8,323 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | - | -€216 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,250 | -€11,250 | = | 0.0% |
| Other operating charges | 640/8 | €2,189 | €1,050 | -€1,139 | -52.1% |
| Gross operating margin | 9900 | €111,477 | -€2,423 | -€113,900 | |
| Operating profit (loss) | 9901 | €120,322 | €7,777 | -€112,544 | -93.5% |
| Financial income | 75/76B | €825 | €960 | +€135 | +16.4% |
| Recurring financial income | 75 | €825 | €960 | +€135 | +16.4% |
| Financial charges | 65/66B | €52,530 | €66,647 | +€14,117 | +26.9% |
| Recurring financial charges | 65 | €52,530 | €66,647 | +€14,117 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €68,617 | -€57,909 | -€126,526 | |
| Income taxes | 67/77 | €19,134 | -€20 | -€19,154 | |
| Profit (loss) for the period | 9904 | €49,483 | -€57,889 | -€107,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,483 | -€57,889 | -€107,372 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.