DJULZ: 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.
DJULZ
Largest movements
- Cash +€33,244
up €33,244 (+223.3%), from €14,888 to €48,131
mainly Depreciation (+€25,704) and Net result for the year (+€13,536)
- Tangible fixed assets -€15,704
down €15,704 (-14.6%), from €107,301 to €91,598
- Intangible fixed assets -€10,000
down €10,000 (-63.2%), from €15,833 to €5,833
- Receivables within one year +€2,478
up €2,478 (+13.9%), from €17,820 to €20,298
of which Trade receivables: +€6,553
- Reserves -€15,750
down €15,750 (-21.7%), from €72,500 to €56,750
of which Distributable reserves: -€15,750
- Profit (loss) carried forward +€13,536
up €13,536 (+69.7%), from -€19,422 to -€5,886
- Other debts +€8,452
up €8,452 (+27.3%), from €30,985 to €39,437
- Short-term financial debts +€6,043
new in 2025: €6,043
- Debts after one year -€4,566
down €4,566 (-10.2%), from €44,813 to €40,247
- Gross operating margin +€31,359
up €31,359 (+183.3%), from €17,108 to €48,468
- Depreciation -€9,467
down €9,467 (-26.9%), from €35,171 to €25,704
- Taxes +€3,989
up €3,989 (+3826.1%), from €104 to €4,094
- Financial charges +€2,188
up €2,188 (+202.9%), from €1,078 to €3,267
- Other operating charges -€553
down €553 (-22.8%), from €2,421 to €1,868
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.
Cash bridge derived
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 | €159,431 | €168,525 | +€9,094 | +5.7% |
| Fixed assets | 21/28 | €123,135 | €97,431 | -€25,704 | -20.9% |
| Intangible fixed assets | 21 | €15,833 | €5,833 | -€10,000 | -63.2% |
| Tangible fixed assets | 22/27 | €107,301 | €91,598 | -€15,704 | -14.6% |
| Land and buildings | 22 | €83,307 | €76,427 | -€6,879 | -8.3% |
| Furniture and vehicles | 24 | €2,908 | €716 | -€2,192 | -75.4% |
| Other tangible fixed assets | 26 | €21,086 | €14,455 | -€6,632 | -31.5% |
| Current assets | 29/58 | €36,296 | €71,094 | +€34,798 | +95.9% |
| Amounts receivable within one year | 40/41 | €17,820 | €20,298 | +€2,478 | +13.9% |
| Trade receivables | 40 | €9,593 | €16,146 | +€6,553 | +68.3% |
| Other amounts receivable | 41 | €8,228 | €4,152 | -€4,076 | -49.5% |
| Cash at bank and in hand | 54/58 | €14,888 | €48,131 | +€33,244 | +223.3% |
| Deferred charges and accrued income | 490/1 | €3,588 | €2,665 | -€923 | -25.7% |
| Total equity and liabilities | 10/49 | €159,431 | €168,525 | +€9,094 | +5.7% |
| Equity | 10/15 | €71,678 | €69,464 | -€2,214 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,500 | €56,750 | -€15,750 | -21.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €72,500 | €56,750 | -€15,750 | -21.7% |
| Profit (loss) carried forward | 14 | -€19,422 | -€5,886 | +€13,536 | +69.7% |
| Amounts payable | 17/49 | €87,753 | €99,061 | +€11,308 | +12.9% |
| Amounts payable after more than one year | 17 | €44,813 | €40,247 | -€4,566 | -10.2% |
| Financial debts | 170/4 | €44,813 | €40,247 | -€4,566 | -10.2% |
| Amounts payable within one year | 42/48 | €42,940 | €58,814 | +€15,874 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €4,492 | €4,566 | +€75 | +1.7% |
| Financial debts | 43 | - | €6,043 | +€6,043 | |
| Credit institutions | 430/8 | - | €6,043 | +€6,043 | |
| Trade debts | 44 | €6,835 | €6,487 | -€349 | -5.1% |
| Suppliers | 440/4 | €6,835 | €6,487 | -€349 | -5.1% |
| Taxes, remuneration and social security | 45 | €628 | €2,281 | +€1,654 | +263.4% |
| Taxes | 450/3 | €628 | €2,281 | +€1,654 | +263.4% |
| Other amounts payable | 47/48 | €30,985 | €39,437 | +€8,452 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,171 | €25,704 | -€9,467 | -26.9% |
| Other operating charges | 640/8 | €2,421 | €1,868 | -€553 | -22.8% |
| Gross operating margin | 9900 | €17,108 | €48,468 | +€31,359 | +183.3% |
| Operating profit (loss) | 9901 | -€20,483 | €20,896 | +€41,379 | |
| Financial income | 75/76B | €66 | €1 | -€65 | -98.4% |
| Recurring financial income | 75 | €66 | €1 | -€65 | -98.4% |
| Financial charges | 65/66B | €1,078 | €3,267 | +€2,188 | +202.9% |
| Recurring financial charges | 65 | €1,078 | €3,267 | +€2,188 | +202.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,495 | €17,630 | +€39,125 | |
| Income taxes | 67/77 | €104 | €4,094 | +€3,989 | +3826.1% |
| Profit (loss) for the period | 9904 | -€21,600 | €13,536 | +€35,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,600 | €13,536 | +€35,136 |
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 12 October 2026 via checked.be.