Djuul's: what changed
Djuul's
Largest movements
- Cash +€16,485
up €16,485 (+31.1%), from €53,039 to €69,524
mainly Net result for the year (+€24,452) and Depreciation (+€14,274)
- Tangible fixed assets -€11,695
down €11,695 (-20.6%), from €56,762 to €45,067
of which Furniture and vehicles: -€10,740
- Stocks and contracts -€4,074
down €4,074 (-14.6%), from €27,951 to €23,877
- Receivables within one year -€1,469
down €1,469 (-35.4%), from €4,150 to €2,681
of which Trade receivables: -€2,485
- Reserves +€24,452
up €24,452 (+58.5%), from €41,798 to €66,251
- Debts after one year -€18,899
down €18,899 (-41.2%), from €45,873 to €26,974
- Tax, wage and social debts -€5,348
down €5,348 (-40.6%), from €13,174 to €7,826
of which Remuneration and social security: -€6,700
- Trade debts -€2,532
down €2,532 (-44.6%), from €5,674 to €3,142
- Gross operating margin +€13,385
up €13,385 (+13.6%), from €98,612 to €111,997
- Staff costs +€8,760
up €8,760 (+17.5%), from €50,095 to €58,855
- Depreciation +€5,147
up €5,147 (+56.4%), from €9,127 to €14,274
- Financial charges +€2,722
up €2,722 (+74.4%), from €3,659 to €6,382
- Other operating charges +€1,144
up €1,144 (+275%), from €416 to €1,560
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,501 | €142,549 | -€953 | -0.7% |
| Fixed assets | 21/28 | €58,361 | €46,466 | -€11,895 | -20.4% |
| Intangible fixed assets | 21 | €1,599 | €1,399 | -€200 | -12.5% |
| Tangible fixed assets | 22/27 | €56,762 | €45,067 | -€11,695 | -20.6% |
| Plant, machinery and equipment | 23 | €8,992 | €8,036 | -€956 | -10.6% |
| Furniture and vehicles | 24 | €47,770 | €37,031 | -€10,740 | -22.5% |
| Current assets | 29/58 | €85,140 | €96,082 | +€10,942 | +12.9% |
| Stocks and contracts in progress | 3 | €27,951 | €23,877 | -€4,074 | -14.6% |
| Stocks | 30/36 | €27,951 | €23,877 | -€4,074 | -14.6% |
| Amounts receivable within one year | 40/41 | €4,150 | €2,681 | -€1,469 | -35.4% |
| Trade receivables | 40 | €4,150 | €1,664 | -€2,485 | -59.9% |
| Other amounts receivable | 41 | - | €1,017 | +€1,017 | |
| Cash at bank and in hand | 54/58 | €53,039 | €69,524 | +€16,485 | +31.1% |
| Total equity and liabilities | 10/49 | €143,501 | €142,549 | -€953 | -0.7% |
| Equity | 10/15 | €43,798 | €68,251 | +€24,452 | +55.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €41,798 | €66,251 | +€24,452 | +58.5% |
| Distributable reserves | 133 | €41,798 | €66,251 | +€24,452 | +58.5% |
| Amounts payable | 17/49 | €99,703 | €74,298 | -€25,405 | -25.5% |
| Amounts payable after more than one year | 17 | €45,873 | €26,974 | -€18,899 | -41.2% |
| Financial debts | 170/4 | €45,873 | €26,974 | -€18,899 | -41.2% |
| Amounts payable within one year | 42/48 | €53,830 | €47,323 | -€6,507 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €18,158 | €18,899 | +€741 | +4.1% |
| Trade debts | 44 | €5,674 | €3,142 | -€2,532 | -44.6% |
| Suppliers | 440/4 | €5,674 | €3,142 | -€2,532 | -44.6% |
| Advances received on contracts in progress | 46 | €99 | €0 | -€99 | -100% |
| Taxes, remuneration and social security | 45 | €13,174 | €7,826 | -€5,348 | -40.6% |
| Taxes | 450/3 | €6,474 | €7,826 | +€1,352 | +20.9% |
| Remuneration and social security | 454/9 | €6,700 | €0 | -€6,700 | -100% |
| Other amounts payable | 47/48 | €16,725 | €17,456 | +€732 | +4.4% |
| Remuneration, social security and pensions | 62 | €50,095 | €58,855 | +€8,760 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,127 | €14,274 | +€5,147 | +56.4% |
| Other operating charges | 640/8 | €416 | €1,560 | +€1,144 | +275% |
| Non-recurring operating charges | 66A | €1,720 | €0 | -€1,720 | -100% |
| Gross operating margin | 9900 | €98,612 | €111,997 | +€13,385 | +13.6% |
| Operating profit (loss) | 9901 | €37,254 | €37,308 | +€54 | +0.1% |
| Financial income | 75/76B | €14 | €901 | +€888 | +6,508% |
| Recurring financial income | 75 | €14 | €901 | +€888 | +6,508% |
| Financial charges | 65/66B | €3,659 | €6,382 | +€2,722 | +74.4% |
| Recurring financial charges | 65 | €3,659 | €6,382 | +€2,722 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €33,608 | €31,827 | -€1,780 | -5.3% |
| Income taxes | 67/77 | €8,056 | €7,375 | -€681 | -8.5% |
| Profit (loss) for the period | 9904 | €25,552 | €24,452 | -€1,099 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,552 | €24,452 | -€1,099 | -4.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.