FJUL: 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.
FJUL
Largest movements
- Cash -€61,565
down €61,565 (-56.7%), from €108,605 to €47,039
mainly Receivables within one year (-€29,645) and Trade debts (-€16,721)
- Receivables within one year +€29,645
up €29,645 (+42.9%), from €69,146 to €98,791
of which Trade receivables: +€19,525
- Deferred charges and accrued income +€4,467
up €4,467 (+6306.1%), from €71 to €4,538
- Trade debts -€16,721
down €16,721 (-13.4%), from €124,541 to €107,820
- Tax, wage and social debts -€12,517
down €12,517 (-97.2%), from €12,877 to €360
of which Remuneration and social security: -€11,571
- Gross operating margin +€70,017
up €70,017 (+810.0%), from €8,644 to €78,661
- Other operating charges -€5,051
down €5,051 (-92.9%), from €5,438 to €387
- Staff costs -€4,388
down €4,388 (-5.9%), from €74,508 to €70,120
- Financial charges -€2,167
down €2,167 (-30.9%), from €7,009 to €4,843
- Taxes +€1,751
new in 2025: €1,751
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 | €178,798 | €151,045 | -€27,753 | -15.5% |
| Fixed assets | 21/28 | €976 | €676 | -€300 | -30.7% |
| Intangible fixed assets | 21 | €902 | €602 | -€300 | -33.2% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €177,822 | €150,368 | -€27,453 | -15.4% |
| Amounts receivable within one year | 40/41 | €69,146 | €98,791 | +€29,645 | +42.9% |
| Trade receivables | 40 | €65,253 | €84,778 | +€19,525 | +29.9% |
| Other amounts receivable | 41 | €3,893 | €14,013 | +€10,119 | +259.9% |
| Cash at bank and in hand | 54/58 | €108,605 | €47,039 | -€61,565 | -56.7% |
| Deferred charges and accrued income | 490/1 | €71 | €4,538 | +€4,467 | +6306.1% |
| Total equity and liabilities | 10/49 | €178,798 | €151,045 | -€27,753 | -15.5% |
| Equity | 10/15 | -€33,620 | -€32,136 | +€1,484 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,025 | €36,025 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,165 | €34,165 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,245 | -€86,761 | +€1,484 | +1.7% |
| Amounts payable | 17/49 | €212,419 | €183,181 | -€29,238 | -13.8% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,419 | €108,181 | -€29,238 | -21.3% |
| Trade debts | 44 | €124,541 | €107,820 | -€16,721 | -13.4% |
| Suppliers | 440/4 | €124,541 | €107,820 | -€16,721 | -13.4% |
| Taxes, remuneration and social security | 45 | €12,877 | €360 | -€12,517 | -97.2% |
| Taxes | 450/3 | €945 | - | -€945 | |
| Remuneration and social security | 454/9 | €11,932 | €360 | -€11,571 | -97.0% |
| Remuneration, social security and pensions | 62 | €74,508 | €70,120 | -€4,388 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €5,438 | €387 | -€5,051 | -92.9% |
| Gross operating margin | 9900 | €8,644 | €78,661 | +€70,017 | +810.0% |
| Operating profit (loss) | 9901 | -€71,602 | €7,855 | +€79,456 | |
| Financial income | 75/76B | €201 | €223 | +€22 | +10.8% |
| Recurring financial income | 75 | €201 | €223 | +€22 | +10.8% |
| Financial charges | 65/66B | €7,009 | €4,843 | -€2,167 | -30.9% |
| Recurring financial charges | 65 | €7,009 | €4,843 | -€2,167 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | -€78,410 | €3,235 | +€81,645 | |
| Income taxes | 67/77 | - | €1,751 | +€1,751 | |
| Profit (loss) for the period | 9904 | -€78,410 | €1,484 | +€79,894 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,410 | €1,484 | +€79,894 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.