JULAN: 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.
JULAN
Largest movements
- Receivables within one year +€20,524
up €20,524 (+4.8%), from €425,143 to €445,667
of which Other amounts receivable: +€39,615
- Tangible fixed assets -€17,804
down €17,804 (-2.2%), from €808,012 to €790,208
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€58,530
down €58,530 (-19.4%), from €301,813 to €243,284
- Staff costs -€54,976
down €54,976 (-31.2%), from €176,194 to €121,218
- Financial charges -€7,890
down €7,890 (-17.2%), from €45,867 to €37,977
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 | €1,403,795 | €1,404,264 | +€470 | 0.0% |
| Fixed assets | 21/28 | €808,012 | €790,208 | -€17,804 | -2.2% |
| Tangible fixed assets | 22/27 | €808,012 | €790,208 | -€17,804 | -2.2% |
| Land and buildings | 22 | €808,012 | €790,208 | -€17,804 | -2.2% |
| Current assets | 29/58 | €595,782 | €614,056 | +€18,274 | +3.1% |
| Amounts receivable within one year | 40/41 | €425,143 | €445,667 | +€20,524 | +4.8% |
| Trade receivables | 40 | €52,531 | €33,440 | -€19,091 | -36.3% |
| Other amounts receivable | 41 | €372,612 | €412,228 | +€39,615 | +10.6% |
| Cash at bank and in hand | 54/58 | €170,639 | €168,389 | -€2,250 | -1.3% |
| Total equity and liabilities | 10/49 | €1,403,795 | €1,404,264 | +€470 | 0.0% |
| Equity | 10/15 | €827,336 | €828,567 | +€1,231 | +0.1% |
| Contributions | 10/11 | €681,463 | €681,463 | = | 0.0% |
| Capital | 10 | €681,463 | €681,463 | = | 0.0% |
| Issued capital | 100 | €681,463 | €681,463 | = | 0.0% |
| Reserves | 13 | €7,336 | €7,397 | +€62 | +0.8% |
| Non-distributable reserves | 130/1 | €7,336 | €7,397 | +€62 | +0.8% |
| Legal reserve | 130 | €7,336 | €7,397 | +€62 | +0.8% |
| Profit (loss) carried forward | 14 | €138,537 | €139,707 | +€1,169 | +0.8% |
| Amounts payable | 17/49 | €576,459 | €575,697 | -€761 | -0.1% |
| Amounts payable within one year | 42/48 | €576,459 | €575,697 | -€761 | -0.1% |
| Trade debts | 44 | €7,032 | €0 | -€7,032 | -100.0% |
| Suppliers | 440/4 | €7,032 | €0 | -€7,032 | -100.0% |
| Taxes, remuneration and social security | 45 | €28,485 | €26,385 | -€2,100 | -7.4% |
| Taxes | 450/3 | €11,209 | €15,157 | +€3,947 | +35.2% |
| Remuneration and social security | 454/9 | €17,275 | €11,228 | -€6,047 | -35.0% |
| Other amounts payable | 47/48 | €540,942 | €549,313 | +€8,370 | +1.5% |
| Remuneration, social security and pensions | 62 | €176,194 | €121,218 | -€54,976 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,804 | €17,804 | = | 0.0% |
| Other operating charges | 640/8 | €88,203 | €90,833 | +€2,630 | +3.0% |
| Gross operating margin | 9900 | €301,813 | €243,284 | -€58,530 | -19.4% |
| Operating profit (loss) | 9901 | €19,612 | €13,428 | -€6,183 | -31.5% |
| Financial income | 75/76B | €31,377 | €29,884 | -€1,494 | -4.8% |
| Recurring financial income | 75 | €31,377 | €29,884 | -€1,494 | -4.8% |
| Financial charges | 65/66B | €45,867 | €37,977 | -€7,890 | -17.2% |
| Recurring financial charges | 65 | €45,867 | €37,977 | -€7,890 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €5,121 | €5,334 | +€213 | +4.2% |
| Income taxes | 67/77 | €3,569 | €4,103 | +€535 | +15.0% |
| Profit (loss) for the period | 9904 | €1,552 | €1,231 | -€321 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,552 | €1,231 | -€321 | -20.7% |
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 9 October 2026 via checked.be.