JULA: 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.
JULA
Largest movements
- Cash +€1.5m
up €1.5m (+51.4%), from €2.9m to €4.5m
mainly Net result for the year (+€6.4m) and Other debts (+€1.6m)
- Other debts +€1.6m
up €1.6m (+66.5%), from €2.4m to €4.1m
- Financial income +€1.1m
up €1.1m (+19.1%), from €5.5m to €6.6m
- Financial charges +€27,454
up €27,454 (+20.9%), from €131,500 to €158,954
- Other operating charges +€199
new in 2025: €199
- Gross operating margin +€166
up €166 (+13.5%), from -€1,230 to -€1,064
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 | €10,820,310 | €12,346,738 | +€1.5m | +14.1% |
| Fixed assets | 21/28 | €7,837,000 | €7,837,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,837,000 | €7,837,000 | = | 0.0% |
| Current assets | 29/58 | €2,983,310 | €4,509,738 | +€1.5m | +51.2% |
| Amounts receivable within one year | 40/41 | €34,373 | €40,876 | +€6,503 | +18.9% |
| Other amounts receivable | 41 | €34,373 | €40,876 | +€6,503 | +18.9% |
| Cash at bank and in hand | 54/58 | €2,948,937 | €4,465,695 | +€1.5m | +51.4% |
| Deferred charges and accrued income | 490/1 | - | €3,167 | +€3,167 | |
| Total equity and liabilities | 10/49 | €10,820,310 | €12,346,738 | +€1.5m | +14.1% |
| Equity | 10/15 | €8,379,850 | €8,282,408 | -€97,442 | -1.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,357,850 | €8,260,408 | -€97,442 | -1.2% |
| Amounts payable | 17/49 | €2,440,460 | €4,064,330 | +€1.6m | +66.5% |
| Amounts payable within one year | 42/48 | €2,440,460 | €4,064,330 | +€1.6m | +66.5% |
| Other amounts payable | 47/48 | €2,440,460 | €4,064,330 | +€1.6m | +66.5% |
| Other operating charges | 640/8 | - | €199 | +€199 | |
| Gross operating margin | 9900 | -€1,230 | -€1,064 | +€166 | +13.5% |
| Operating profit (loss) | 9901 | -€1,230 | -€1,263 | -€33 | -2.7% |
| Financial income | 75/76B | €5,526,798 | €6,582,776 | +€1.1m | +19.1% |
| Recurring financial income | 75 | €5,526,798 | €6,582,776 | +€1.1m | +19.1% |
| Financial charges | 65/66B | €131,500 | €158,954 | +€27,454 | +20.9% |
| Recurring financial charges | 65 | €131,500 | €158,954 | +€27,454 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €5,394,068 | €6,422,558 | +€1.0m | +19.1% |
| Profit (loss) for the period | 9904 | €5,394,068 | €6,422,558 | +€1.0m | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,394,068 | €6,422,558 | +€1.0m | +19.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.