JUDELEC: what changed
Two fiscal 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.
JUDELEC
Largest movements
- Receivables within one year -€7,104
down €7,104 (-92.2%), from €7,704 to €600
of which Trade receivables: -€7,094
- Cash -€4,616
down €4,616 (-53.1%), from €8,686 to €4,070
mainly Net result for the year (-€8,494) and Trade debts (-€5,050)
- Tangible fixed assets -€251
down €251 (-43.6%), from €575 to €324
of which Plant, machinery and equipment: -€141
- Profit (loss) carried forward -€8,494
down €8,494, from €2,525 to -€5,968
- Trade debts -€5,050
down €5,050 (-90.0%), from €5,609 to €558
- Tax, wage and social debts +€1,500
up €1,500 (+1812.7%), from €83 to €1,583
of which Remuneration and social security: +€1,500
- Short-term financial debts +€763
up €763 (+254.5%), from €300 to €1,063
- Other debts -€642
down €642 (-10.5%), from €6,111 to €5,469
- Gross operating margin -€10,945
down €10,945, from €3,433 to -€7,512
- Other operating charges +€571
new in 2025: €571
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 | €17,628 | €5,705 | -€11,923 | -67.6% |
| Fixed assets | 21/28 | €575 | €324 | -€251 | -43.6% |
| Tangible fixed assets | 22/27 | €575 | €324 | -€251 | -43.6% |
| Plant, machinery and equipment | 23 | €281 | €141 | -€141 | -50.0% |
| Furniture and vehicles | 24 | €293 | €183 | -€110 | -37.5% |
| Current assets | 29/58 | €17,053 | €5,381 | -€11,672 | -68.4% |
| Amounts receivable within one year | 40/41 | €7,704 | €600 | -€7,104 | -92.2% |
| Trade receivables | 40 | €7,094 | - | -€7,094 | |
| Other amounts receivable | 41 | €611 | €600 | -€10 | -1.7% |
| Cash at bank and in hand | 54/58 | €8,686 | €4,070 | -€4,616 | -53.1% |
| Deferred charges and accrued income | 490/1 | €663 | €710 | +€47 | +7.1% |
| Total equity and liabilities | 10/49 | €17,628 | €5,705 | -€11,923 | -67.6% |
| Equity | 10/15 | €5,525 | -€2,968 | -€8,494 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,525 | -€5,968 | -€8,494 | |
| Amounts payable | 17/49 | €12,103 | €8,673 | -€3,429 | -28.3% |
| Amounts payable within one year | 42/48 | €12,103 | €8,673 | -€3,429 | -28.3% |
| Financial debts | 43 | €300 | €1,063 | +€763 | +254.5% |
| Credit institutions | 430/8 | €300 | €1,063 | +€763 | +254.5% |
| Trade debts | 44 | €5,609 | €558 | -€5,050 | -90.0% |
| Suppliers | 440/4 | €5,609 | €558 | -€5,050 | -90.0% |
| Taxes, remuneration and social security | 45 | €83 | €1,583 | +€1,500 | +1812.7% |
| Taxes | 450/3 | €83 | €83 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €6,111 | €5,469 | -€642 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €251 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €571 | +€571 | |
| Gross operating margin | 9900 | €3,433 | -€7,512 | -€10,945 | |
| Operating profit (loss) | 9901 | €3,182 | -€8,334 | -€11,516 | |
| Financial charges | 65/66B | €135 | €160 | +€25 | +18.5% |
| Recurring financial charges | 65 | €135 | €160 | +€25 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €3,047 | -€8,494 | -€11,541 | |
| Profit (loss) for the period | 9904 | €3,047 | -€8,494 | -€11,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,047 | -€8,494 | -€11,541 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.