Julamel: 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.
Julamel
Largest movements
- Tangible fixed assets -€27,734
down €27,734 (-35.0%), from €79,227 to €51,493
of which Leasing and similar rights: -€19,622
- Cash -€11,659
down €11,659 (-58.1%), from €20,059 to €8,400
mainly Current portion of long-term debt (-€28,088) and Trade debts (-€26,371)
- Deferred charges and accrued income -€3,539
down €3,539 (-45.8%), from €7,734 to €4,195
- Receivables within one year +€2,518
up €2,518 (+194.6%), from €1,294 to €3,812
of which Other amounts receivable: +€2,635
- Stocks and contracts -€1,821
down €1,821 (-15.7%), from €11,566 to €9,745
- Current portion of long-term debt -€28,088
down €28,088 (-72.0%), from €38,998 to €10,910
- Trade debts -€26,371
down €26,371 (-56.1%), from €47,027 to €20,656
- Profit (loss) carried forward +€25,730
up €25,730 (+69.5%), from -€37,017 to -€11,288
- Debts after one year -€10,910
down €10,910 (-29.0%), from €37,592 to €26,682
- Tax, wage and social debts -€6,771
down €6,771 (-52.8%), from €12,820 to €6,049
of which Remuneration and social security: -€5,296
- Staff costs -€28,774
down €28,774 (-49.2%), from €58,426 to €29,652
- Taxes +€3,688
up €3,688 (+782.8%), from €471 to €4,160
- Other operating charges +€3,000
up €3,000 (+102.8%), from €2,919 to €5,919
- Depreciation -€1,754
down €1,754 (-6.5%), from €26,841 to €25,087
- Gross operating margin -€1,377
down €1,377 (-1.4%), from €95,330 to €93,953
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 | €119,879 | €77,644 | -€42,235 | -35.2% |
| Fixed assets | 21/28 | €79,227 | €51,493 | -€27,734 | -35.0% |
| Tangible fixed assets | 22/27 | €79,227 | €51,493 | -€27,734 | -35.0% |
| Land and buildings | 22 | €44,168 | €40,475 | -€3,693 | -8.4% |
| Plant, machinery and equipment | 23 | €1,032 | €197 | -€835 | -80.9% |
| Furniture and vehicles | 24 | €4,724 | €1,140 | -€3,584 | -75.9% |
| Leasing and similar rights | 25 | €29,303 | €9,681 | -€19,622 | -67.0% |
| Current assets | 29/58 | €40,652 | €26,151 | -€14,501 | -35.7% |
| Stocks and contracts in progress | 3 | €11,566 | €9,745 | -€1,821 | -15.7% |
| Stocks | 30/36 | €11,566 | €9,745 | -€1,821 | -15.7% |
| Amounts receivable within one year | 40/41 | €1,294 | €3,812 | +€2,518 | +194.6% |
| Trade receivables | 40 | €117 | €0 | -€117 | -100.0% |
| Other amounts receivable | 41 | €1,177 | €3,812 | +€2,635 | +223.9% |
| Cash at bank and in hand | 54/58 | €20,059 | €8,400 | -€11,659 | -58.1% |
| Deferred charges and accrued income | 490/1 | €7,734 | €4,195 | -€3,539 | -45.8% |
| Total equity and liabilities | 10/49 | €119,879 | €77,644 | -€42,235 | -35.2% |
| Equity | 10/15 | -€16,557 | €9,173 | +€25,730 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,017 | -€11,288 | +€25,730 | +69.5% |
| Amounts payable | 17/49 | €136,436 | €68,471 | -€67,965 | -49.8% |
| Amounts payable after more than one year | 17 | €37,592 | €26,682 | -€10,910 | -29.0% |
| Financial debts | 170/4 | €37,592 | €26,682 | -€10,910 | -29.0% |
| Amounts payable within one year | 42/48 | €98,845 | €41,171 | -€57,674 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €38,998 | €10,910 | -€28,088 | -72.0% |
| Trade debts | 44 | €47,027 | €20,656 | -€26,371 | -56.1% |
| Suppliers | 440/4 | €47,027 | €20,656 | -€26,371 | -56.1% |
| Taxes, remuneration and social security | 45 | €12,820 | €6,049 | -€6,771 | -52.8% |
| Taxes | 450/3 | €4,831 | €3,356 | -€1,475 | -30.5% |
| Remuneration and social security | 454/9 | €7,989 | €2,693 | -€5,296 | -66.3% |
| Other amounts payable | 47/48 | - | €3,556 | +€3,556 | |
| Accrued charges and deferred income | 492/3 | €0 | €619 | +€619 | |
| Remuneration, social security and pensions | 62 | €58,426 | €29,652 | -€28,774 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,841 | €25,087 | -€1,754 | -6.5% |
| Other operating charges | 640/8 | €2,919 | €5,919 | +€3,000 | +102.8% |
| Gross operating margin | 9900 | €95,330 | €93,953 | -€1,377 | -1.4% |
| Operating profit (loss) | 9901 | €7,144 | €33,295 | +€26,151 | +366.1% |
| Financial income | 75/76B | €114 | €665 | +€551 | +483.4% |
| Recurring financial income | 75 | €114 | €665 | +€551 | +483.4% |
| Financial charges | 65/66B | €5,438 | €4,071 | -€1,368 | -25.2% |
| Recurring financial charges | 65 | €5,438 | €4,071 | -€1,368 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €1,819 | €29,889 | +€28,070 | +1542.9% |
| Income taxes | 67/77 | €471 | €4,160 | +€3,688 | +782.8% |
| Profit (loss) for the period | 9904 | €1,348 | €25,730 | +€24,382 | +1808.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,348 | €25,730 | +€24,382 | +1808.5% |
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.