"JULAMAN": 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.
"JULAMAN"
Largest movements
- Cash +€702,602
up €702,602 (+160%), from €439,619 to €1.1m
mainly Current investments (+€405,000) and Net result for the year (+€321,946)
- Current investments -€405,000
no longer reported in 2025 (was €405,000)
- Receivables within one year +€56,583
up €56,583 (+67.2%), from €84,187 to €140,770
of which Trade receivables: +€52,500
- Tangible fixed assets -€13,786
down €13,786 (-24.9%), from €55,284 to €41,498
of which Furniture and vehicles: -€13,489
- Reserves +€279,165
up €279,165 (+30.7%), from €910,019 to €1.2m
- Other debts +€42,781
new in 2025: €42,781
- Tax, wage and social debts +€17,703
up €17,703 (+29.3%), from €60,347 to €78,050
- Gross operating margin -€34,449
down €34,449 (-6.7%), from €514,838 to €480,388
- Taxes -€13,332
down €13,332 (-8.3%), from €160,288 to €146,956
- Financial income -€10,472
down €10,472 (-73.1%), from €14,321 to €3,849
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 | €999,019 | €1,331,054 | +€332,034 | +33.2% |
| Fixed assets | 21/28 | €55,284 | €41,498 | -€13,786 | -24.9% |
| Tangible fixed assets | 22/27 | €55,284 | €41,498 | -€13,786 | -24.9% |
| Plant, machinery and equipment | 23 | €1,111 | €813 | -€297 | -26.8% |
| Furniture and vehicles | 24 | €54,173 | €40,684 | -€13,489 | -24.9% |
| Current assets | 29/58 | €943,735 | €1,289,556 | +€345,821 | +36.6% |
| Amounts receivable within one year | 40/41 | €84,187 | €140,770 | +€56,583 | +67.2% |
| Trade receivables | 40 | €60,400 | €112,900 | +€52,500 | +86.9% |
| Other amounts receivable | 41 | €23,787 | €27,870 | +€4,083 | +17.2% |
| Current investments | 50/53 | €405,000 | - | -€405,000 | |
| Cash at bank and in hand | 54/58 | €439,619 | €1,142,221 | +€702,602 | +160% |
| Deferred charges and accrued income | 490/1 | €14,929 | €6,565 | -€8,364 | -56.0% |
| Total equity and liabilities | 10/49 | €999,019 | €1,331,054 | +€332,034 | +33.2% |
| Equity | 10/15 | €930,019 | €1,209,184 | +€279,165 | +30.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €910,019 | €1,189,184 | +€279,165 | +30.7% |
| Non-distributable reserves | 130/1 | €910,019 | €1,189,184 | +€279,165 | +30.7% |
| Other | 1319 | €910,019 | €1,189,184 | +€279,165 | +30.7% |
| Amounts payable | 17/49 | €69,000 | €121,869 | +€52,869 | +76.6% |
| Amounts payable within one year | 42/48 | €65,196 | €121,718 | +€56,521 | +86.7% |
| Trade debts | 44 | €4,850 | €887 | -€3,963 | -81.7% |
| Suppliers | 440/4 | €4,850 | €887 | -€3,963 | -81.7% |
| Taxes, remuneration and social security | 45 | €60,347 | €78,050 | +€17,703 | +29.3% |
| Taxes | 450/3 | €60,347 | €78,050 | +€17,703 | +29.3% |
| Other amounts payable | 47/48 | - | €42,781 | +€42,781 | |
| Accrued charges and deferred income | 492/3 | €3,804 | €152 | -€3,652 | -96.0% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,348 | €13,786 | +€438 | +3.3% |
| Other operating charges | 640/8 | €1,747 | €1,488 | -€259 | -14.8% |
| Gross operating margin | 9900 | €514,838 | €480,388 | -€34,449 | -6.7% |
| Operating profit (loss) | 9901 | €499,742 | €465,114 | -€34,628 | -6.9% |
| Financial income | 75/76B | €14,321 | €3,849 | -€10,472 | -73.1% |
| Recurring financial income | 75 | €14,321 | €3,849 | -€10,472 | -73.1% |
| Financial charges | 65/66B | €64 | €61 | -€3 | -4.9% |
| Recurring financial charges | 65 | €64 | €61 | -€3 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €513,999 | €468,902 | -€45,097 | -8.8% |
| Income taxes | 67/77 | €160,288 | €146,956 | -€13,332 | -8.3% |
| Profit (loss) for the period | 9904 | €353,711 | €321,946 | -€31,765 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €353,711 | €321,946 | -€31,765 | -9.0% |
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 17 October 2026 via checked.be.