Julam: 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.
Julam
Largest movements
- Receivables within one year +€29,064
up €29,064 (+93.6%), from €31,043 to €60,107
of which Other amounts receivable: +€16,190
- Tangible fixed assets -€15,974
down €15,974 (-3.1%), from €520,705 to €504,731
of which Land and buildings: -€15,613
- Debts after one year +€63,447
up €63,447 (+23.5%), from €270,410 to €333,857
of which Other amounts payable: +€100,000
- Other debts -€25,773
down €25,773 (-12.6%), from €205,168 to €179,396
- Tax, wage and social debts -€25,549
down €25,549 (-75.8%), from €33,702 to €8,153
- Trade debts -€8,825
down €8,825 (-38.7%), from €22,787 to €13,962
- Gross operating margin +€8,897
up €8,897 (+27.2%), from €32,693 to €41,590
- Financial charges +€2,042
up €2,042 (+14.0%), from €14,546 to €16,589
- Financial income +€1,124
up €1,124 (+21.0%), from €5,352 to €6,475
- Other operating charges +€1,122
up €1,122 (+24.5%), from €4,572 to €5,694
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 | €681,036 | €689,245 | +€8,208 | +1.2% |
| Fixed assets | 21/28 | €521,305 | €505,331 | -€15,974 | -3.1% |
| Tangible fixed assets | 22/27 | €520,705 | €504,731 | -€15,974 | -3.1% |
| Land and buildings | 22 | €514,825 | €499,211 | -€15,613 | -3.0% |
| Plant, machinery and equipment | 23 | €2,458 | €2,227 | -€232 | -9.4% |
| Furniture and vehicles | 24 | €2,689 | €3,293 | +€604 | +22.5% |
| Leasing and similar rights | 25 | €733 | - | -€733 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €159,731 | €183,913 | +€24,182 | +15.1% |
| Amounts receivable after more than one year | 29 | €120,323 | €120,323 | = | 0.0% |
| Other amounts receivable | 291 | €120,323 | €120,323 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,043 | €60,107 | +€29,064 | +93.6% |
| Trade receivables | 40 | - | €12,875 | +€12,875 | |
| Other amounts receivable | 41 | €31,043 | €47,232 | +€16,190 | +52.2% |
| Cash at bank and in hand | 54/58 | €5 | €53 | +€48 | +1,066% |
| Deferred charges and accrued income | 490/1 | €8,361 | €3,431 | -€4,930 | -59.0% |
| Total equity and liabilities | 10/49 | €681,036 | €689,245 | +€8,208 | +1.2% |
| Equity | 10/15 | €105,364 | €110,685 | +€5,321 | +5.0% |
| Contributions | 10/11 | €75,200 | €75,200 | = | 0.0% |
| Reserves | 13 | €31,250 | €31,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,086 | €4,235 | +€5,321 | |
| Amounts payable | 17/49 | €575,672 | €578,560 | +€2,887 | +0.5% |
| Amounts payable after more than one year | 17 | €270,410 | €333,857 | +€63,447 | +23.5% |
| Financial debts | 170/4 | €270,410 | €233,857 | -€36,553 | -13.5% |
| Other amounts payable | 178/9 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €304,782 | €243,112 | -€61,670 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €39,112 | €36,733 | -€2,379 | -6.1% |
| Financial debts | 43 | €4,013 | €4,870 | +€856 | +21.3% |
| Credit institutions | 430/8 | €4,013 | €4,870 | +€856 | +21.3% |
| Trade debts | 44 | €22,787 | €13,962 | -€8,825 | -38.7% |
| Suppliers | 440/4 | €22,787 | €13,962 | -€8,825 | -38.7% |
| Taxes, remuneration and social security | 45 | €33,702 | €8,153 | -€25,549 | -75.8% |
| Taxes | 450/3 | €33,702 | €8,153 | -€25,549 | -75.8% |
| Other amounts payable | 47/48 | €205,168 | €179,396 | -€25,773 | -12.6% |
| Accrued charges and deferred income | 492/3 | €480 | €1,590 | +€1,110 | +231% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,962 | €19,795 | -€167 | -0.8% |
| Other operating charges | 640/8 | €4,572 | €5,694 | +€1,122 | +24.5% |
| Gross operating margin | 9900 | €32,693 | €41,590 | +€8,897 | +27.2% |
| Operating profit (loss) | 9901 | €8,160 | €16,101 | +€7,941 | +97.3% |
| Financial income | 75/76B | €5,352 | €6,475 | +€1,124 | +21.0% |
| Recurring financial income | 75 | €5,352 | €6,475 | +€1,124 | +21.0% |
| Financial charges | 65/66B | €14,546 | €16,589 | +€2,042 | +14.0% |
| Recurring financial charges | 65 | €14,546 | €16,589 | +€2,042 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,035 | €5,988 | +€7,022 | |
| Income taxes | 67/77 | €983 | €667 | -€317 | -32.2% |
| Profit (loss) for the period | 9904 | -€2,018 | €5,321 | +€7,339 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,018 | €5,321 | +€7,339 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.