JUDIELE: 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.
JUDIELE
Largest movements
- Tangible fixed assets -€74,562
down €74,562 (-2.8%), from €2.7m to €2.6m
of which Land and buildings: -€59,669
- Current investments +€65,000
new in 2025: €65,000
- Financial fixed assets +€29,488
new in 2025: €29,488
- Debts after one year -€151,317
down €151,317 (-13.3%), from €1.1m to €987,612
of which Financial debts: -€156,800
- Other debts +€143,422
up €143,422 (+12.0%), from €1.2m to €1.3m
- Profit (loss) carried forward +€28,375
up €28,375 (+13.9%), from €204,386 to €232,761
- Gross operating margin +€21,119
up €21,119 (+14.0%), from €151,194 to €172,312
- Taxes +€5,313
up €5,313 (+54.4%), from €9,771 to €15,083
- Other operating charges +€4,149
up €4,149 (+42.8%), from €9,691 to €13,841
- Financial charges +€4,027
up €4,027 (+18.7%), from €21,525 to €25,553
- Depreciation +€1,775
up €1,775 (+2.0%), from €87,830 to €89,605
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.
Derived cash bridge
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 | €2,749,338 | €2,784,059 | +€34,721 | +1.3% |
| Fixed assets | 21/28 | €2,686,485 | €2,641,411 | -€45,074 | -1.7% |
| Tangible fixed assets | 22/27 | €2,686,485 | €2,611,923 | -€74,562 | -2.8% |
| Land and buildings | 22 | €2,644,429 | €2,584,759 | -€59,669 | -2.3% |
| Plant, machinery and equipment | 23 | - | €1,760 | +€1,760 | |
| Furniture and vehicles | 24 | €42,056 | €25,404 | -€16,652 | -39.6% |
| Financial fixed assets | 28 | - | €29,488 | +€29,488 | |
| Current assets | 29/58 | €62,853 | €142,648 | +€79,794 | +127% |
| Amounts receivable within one year | 40/41 | €52,628 | €45,807 | -€6,821 | -13.0% |
| Trade receivables | 40 | €46,680 | €44,304 | -€2,377 | -5.1% |
| Other amounts receivable | 41 | €5,948 | €1,503 | -€4,445 | -74.7% |
| Current investments | 50/53 | - | €65,000 | +€65,000 | |
| Cash at bank and in hand | 54/58 | €2,938 | €24,830 | +€21,893 | +745% |
| Deferred charges and accrued income | 490/1 | €7,287 | €7,010 | -€277 | -3.8% |
| Total equity and liabilities | 10/49 | €2,749,338 | €2,784,059 | +€34,721 | +1.3% |
| Equity | 10/15 | €226,386 | €254,761 | +€28,375 | +12.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,386 | €232,761 | +€28,375 | +13.9% |
| Amounts payable | 17/49 | €2,522,952 | €2,529,298 | +€6,346 | +0.3% |
| Amounts payable after more than one year | 17 | €1,138,929 | €987,612 | -€151,317 | -13.3% |
| Financial debts | 170/4 | €839,152 | €682,352 | -€156,800 | -18.7% |
| Other amounts payable | 178/9 | €299,776 | €305,260 | +€5,483 | +1.8% |
| Amounts payable within one year | 42/48 | €1,377,672 | €1,515,082 | +€137,411 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €156,099 | €156,800 | +€701 | +0.4% |
| Trade debts | 44 | €16,418 | €3,785 | -€12,634 | -76.9% |
| Suppliers | 440/4 | €16,418 | €3,785 | -€12,634 | -76.9% |
| Taxes, remuneration and social security | 45 | €12,494 | €18,416 | +€5,921 | +47.4% |
| Taxes | 450/3 | €12,494 | €18,416 | +€5,921 | +47.4% |
| Other amounts payable | 47/48 | €1,192,660 | €1,336,082 | +€143,422 | +12.0% |
| Accrued charges and deferred income | 492/3 | €6,352 | €26,604 | +€20,252 | +319% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,830 | €89,605 | +€1,775 | +2.0% |
| Other operating charges | 640/8 | €9,691 | €13,841 | +€4,149 | +42.8% |
| Gross operating margin | 9900 | €151,194 | €172,312 | +€21,119 | +14.0% |
| Operating profit (loss) | 9901 | €53,672 | €68,866 | +€15,194 | +28.3% |
| Financial income | 75/76B | €12 | €145 | +€133 | +1,103% |
| Recurring financial income | 75 | €12 | €145 | +€133 | +1,103% |
| Financial charges | 65/66B | €21,525 | €25,553 | +€4,027 | +18.7% |
| Recurring financial charges | 65 | €21,525 | €25,553 | +€4,027 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €32,159 | €43,458 | +€11,299 | +35.1% |
| Income taxes | 67/77 | €9,771 | €15,083 | +€5,313 | +54.4% |
| Profit (loss) for the period | 9904 | €22,389 | €28,375 | +€5,986 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,389 | €28,375 | +€5,986 | +26.7% |
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 30 October 2026 via checked.be.