JULASYLFLO: 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.
What changed
JULASYLFLO
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€286,456
2024 · -€297,759+€11,303
Equity
€2.2m
2024 · €2.4m-€286,456
Cash
€8,798
2024 · €16,688-€7,890
Balance sheet total
€6.0m
2024 · €6.2m-€206,438
Largest movements
Assets
- Tangible fixed assets -€164,996
down €164,996 (-2.7%), from €6.1m to €5.9m
of which Plant, machinery and equipment: -€101,734
Equity and liabilities
- Profit (loss) carried forward -€281,872
down €281,872 (-22.9%), from -€1.2m to -€1.5m
- Other debts +€105,328
up €105,328 (+2.9%), from €3.7m to €3.8m
Income statement
- Gross operating margin +€13,332
up €13,332 (+20.5%), from -€65,059 to -€51,727
- Depreciation +€4,427
up €4,427 (+2.2%), from €200,153 to €204,581
- Other operating charges -€2,901
down €2,901 (-8.5%), from €34,199 to €31,298
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.
Result 2024
-€297,759
Gross operating margin
+€13,332
Depreciation
-€4,427
Other operating charges
+€2,901
Financial income
-€426
Financial charges
-€77
Result 2025
-€286,456
raises the resultlowers the result
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.
From operations
+€31,694
Investment
-€39,585
Financing
€0
Cash 2024
€16,688
From operations (derived)
+€31,694
Net result for the year
-€286,456
Depreciation
+€204,581
Receivables within one year
+€38,798
Deferred charges and accrued income
-€5,246
Provisions
-€1,528
Trade debts
-€4,545
Tax, wage and social debts
+€920
Other debts
+€105,328
Accrued charges and deferred income
-€20,156
Investment (derived)
-€39,585
Investment in fixed assets (net)
-€39,585
Cash 2025
€8,798
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,179,139 | €5,972,701 | -€206,438 | -3.3% |
| Fixed assets | 21/28 | €6,109,607 | €5,944,611 | -€164,996 | -2.7% |
| Tangible fixed assets | 22/27 | €6,109,585 | €5,944,589 | -€164,996 | -2.7% |
| Land and buildings | 22 | €3,442,402 | €3,385,050 | -€57,352 | -1.7% |
| Plant, machinery and equipment | 23 | €2,631,763 | €2,530,029 | -€101,734 | -3.9% |
| Furniture and vehicles | 24 | €35,419 | €29,509 | -€5,910 | -16.7% |
| Financial fixed assets | 28 | €23 | €23 | = | 0.0% |
| Current assets | 29/58 | €69,532 | €28,090 | -€41,442 | -59.6% |
| Amounts receivable within one year | 40/41 | €38,798 | - | -€38,798 | |
| Trade receivables | 40 | €8,008 | - | -€8,008 | |
| Other amounts receivable | 41 | €30,790 | - | -€30,790 | |
| Cash at bank and in hand | 54/58 | €16,688 | €8,798 | -€7,890 | -47.3% |
| Deferred charges and accrued income | 490/1 | €14,046 | €19,292 | +€5,246 | +37.4% |
| Total equity and liabilities | 10/49 | €6,179,139 | €5,972,701 | -€206,438 | -3.3% |
| Equity | 10/15 | €2,444,940 | €2,158,484 | -€286,456 | -11.7% |
| Contributions | 10/11 | €1,165,600 | €1,165,600 | = | 0.0% |
| Capital | 10 | €1,165,600 | €1,165,600 | = | 0.0% |
| Issued capital | 100 | €1,165,600 | €1,165,600 | = | 0.0% |
| Revaluation surpluses | 12 | €2,183,843 | €2,164,323 | -€19,520 | -0.9% |
| Reserves | 13 | €325,668 | €340,603 | +€14,936 | +4.6% |
| Non-distributable reserves | 130/1 | €192,309 | €211,829 | +€19,520 | +10.2% |
| Reserves not available under the articles | 1311 | €192,309 | €211,829 | +€19,520 | +10.2% |
| Tax-exempt reserves | 132 | €133,359 | €128,775 | -€4,584 | -3.4% |
| Profit (loss) carried forward | 14 | -€1,230,171 | -€1,512,043 | -€281,872 | -22.9% |
| Provisions and deferred taxes | 16 | €38,203 | €36,675 | -€1,528 | -4.0% |
| Deferred taxes | 168 | €38,203 | €36,675 | -€1,528 | -4.0% |
| Amounts payable | 17/49 | €3,695,996 | €3,777,543 | +€81,547 | +2.2% |
| Amounts payable within one year | 42/48 | €3,675,708 | €3,777,410 | +€101,703 | +2.8% |
| Trade debts | 44 | €6,719 | €2,174 | -€4,545 | -67.6% |
| Suppliers | 440/4 | €6,719 | €2,174 | -€4,545 | -67.6% |
| Taxes, remuneration and social security | 45 | €1,008 | €1,928 | +€920 | +91.2% |
| Taxes | 450/3 | €1,008 | €1,928 | +€920 | +91.2% |
| Other amounts payable | 47/48 | €3,667,981 | €3,773,309 | +€105,328 | +2.9% |
| Accrued charges and deferred income | 492/3 | €20,288 | €132 | -€20,156 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,153 | €204,581 | +€4,427 | +2.2% |
| Other operating charges | 640/8 | €34,199 | €31,298 | -€2,901 | -8.5% |
| Gross operating margin | 9900 | -€65,059 | -€51,727 | +€13,332 | +20.5% |
| Operating profit (loss) | 9901 | -€299,411 | -€287,606 | +€11,805 | +3.9% |
| Financial income | 75/76B | €452 | €26 | -€426 | -94.2% |
| Recurring financial income | 75 | €452 | €26 | -€426 | -94.2% |
| Financial charges | 65/66B | €328 | €405 | +€77 | +23.4% |
| Recurring financial charges | 65 | €328 | €405 | +€77 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | -€299,287 | -€287,984 | +€11,303 | +3.8% |
| Transfer from deferred taxes | 780 | €1,528 | €1,528 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€297,759 | -€286,456 | +€11,303 | +3.8% |
| Transfer from tax-exempt reserves | 789 | €4,584 | €4,584 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€293,175 | -€281,872 | +€11,303 | +3.9% |
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 21 October 2026 via checked.be.