JulCo Brands: 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.
JulCo Brands
Largest movements
- Receivables within one year +€87,552
up €87,552 (+1,607%), from €5,448 to €93,000
of which Trade receivables: +€63,644
- Cash +€31,771
up €31,771 (+49.6%), from €64,070 to €95,842
mainly Trade debts (+€159,136) and Net result for the year (+€71,453)
- Tangible fixed assets -€11,537
down €11,537 (-20.0%), from €57,600 to €46,063
- Stocks and contracts +€5,534
up €5,534 (+2.3%), from €238,534 to €244,068
- Trade debts +€159,136
up €159,136 (+171%), from €92,934 to €252,070
- Current portion of long-term debt -€37,992
down €37,992 (-59.6%), from €63,762 to €25,769
- Debts after one year -€25,769
no longer reported in 2025 (was €25,769)
- Tax, wage and social debts +€21,143
up €21,143 (+81.9%), from €25,824 to €46,967
of which Remuneration and social security: +€24,999
- Other debts -€5,000
down €5,000 (-6.7%), from €75,175 to €70,175
- Staff costs +€34,332
up €34,332 (+51.0%), from €67,297 to €101,629
- Gross operating margin -€18,310
down €18,310 (-8.1%), from €225,951 to €207,640
- Other operating charges +€10,828
up €10,828 (+182%), from €5,960 to €16,788
- Depreciation -€4,586
down €4,586 (-28.4%), from €16,123 to €11,537
- Taxes -€4,072
down €4,072 (-80.3%), from €5,072 to €1,000
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 | €373,213 | €486,184 | +€112,970 | +30.3% |
| Fixed assets | 21/28 | €57,600 | €46,063 | -€11,537 | -20.0% |
| Tangible fixed assets | 22/27 | €57,600 | €46,063 | -€11,537 | -20.0% |
| Other tangible fixed assets | 26 | €57,600 | €46,063 | -€11,537 | -20.0% |
| Current assets | 29/58 | €315,614 | €440,121 | +€124,507 | +39.4% |
| Stocks and contracts in progress | 3 | €238,534 | €244,068 | +€5,534 | +2.3% |
| Stocks | 30/36 | €238,534 | €244,068 | +€5,534 | +2.3% |
| Amounts receivable within one year | 40/41 | €5,448 | €93,000 | +€87,552 | +1,607% |
| Trade receivables | 40 | €394 | €64,037 | +€63,644 | +16,172% |
| Other amounts receivable | 41 | €5,055 | €28,963 | +€23,908 | +473% |
| Cash at bank and in hand | 54/58 | €64,070 | €95,842 | +€31,771 | +49.6% |
| Deferred charges and accrued income | 490/1 | €7,562 | €7,212 | -€350 | -4.6% |
| Total equity and liabilities | 10/49 | €373,213 | €486,184 | +€112,970 | +30.3% |
| Equity | 10/15 | €89,749 | €91,202 | +€1,453 | +1.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €79,749 | €81,202 | +€1,453 | +1.8% |
| Distributable reserves | 133 | €79,749 | €81,202 | +€1,453 | +1.8% |
| Amounts payable | 17/49 | €283,464 | €394,981 | +€111,517 | +39.3% |
| Amounts payable after more than one year | 17 | €25,769 | - | -€25,769 | |
| Financial debts | 170/4 | €25,769 | - | -€25,769 | |
| Amounts payable within one year | 42/48 | €257,695 | €394,981 | +€137,287 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €63,762 | €25,769 | -€37,992 | -59.6% |
| Trade debts | 44 | €92,934 | €252,070 | +€159,136 | +171% |
| Suppliers | 440/4 | €92,934 | €252,070 | +€159,136 | +171% |
| Taxes, remuneration and social security | 45 | €25,824 | €46,967 | +€21,143 | +81.9% |
| Taxes | 450/3 | €8,708 | €4,852 | -€3,857 | -44.3% |
| Remuneration and social security | 454/9 | €17,116 | €42,115 | +€24,999 | +146% |
| Other amounts payable | 47/48 | €75,175 | €70,175 | -€5,000 | -6.7% |
| Remuneration, social security and pensions | 62 | €67,297 | €101,629 | +€34,332 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,123 | €11,537 | -€4,586 | -28.4% |
| Other operating charges | 640/8 | €5,960 | €16,788 | +€10,828 | +182% |
| Non-recurring operating charges | 66A | €34,854 | - | -€34,854 | |
| Gross operating margin | 9900 | €225,951 | €207,640 | -€18,310 | -8.1% |
| Operating profit (loss) | 9901 | €101,717 | €77,686 | -€24,031 | -23.6% |
| Financial income | 75/76B | €97 | - | -€97 | |
| Recurring financial income | 75 | €97 | - | -€97 | |
| Financial charges | 65/66B | €6,723 | €5,233 | -€1,490 | -22.2% |
| Recurring financial charges | 65 | €6,723 | €5,233 | -€1,490 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €95,091 | €72,453 | -€22,638 | -23.8% |
| Income taxes | 67/77 | €5,072 | €1,000 | -€4,072 | -80.3% |
| Profit (loss) for the period | 9904 | €90,020 | €71,453 | -€18,566 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,020 | €71,453 | -€18,566 | -20.6% |
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 22 October 2026 via checked.be.