Juleco: 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.
Juleco
Largest movements
- Current investments +€83,017
up €83,017 (+49.1%), from €169,007 to €252,024
- Cash -€11,235
down €11,235 (-92.6%), from €12,134 to €899
mainly Current investments (-€83,017) and Investment in fixed assets (net) (-€3,996)
- Profit (loss) carried forward +€74,612
up €74,612 (+51.4%), from €145,183 to €219,794
- Gross operating margin -€5,621
down €5,621 (-5.8%), from €97,720 to €92,098
- Financial income +€2,110
up €2,110 (+84.7%), from €2,491 to €4,600
- Taxes -€1,007
down €1,007 (-5.0%), from €20,242 to €19,235
- Depreciation +€990
up €990 (+122.7%), from €807 to €1,797
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 | €195,377 | €269,828 | +€74,451 | +38.1% |
| Fixed assets | 21/28 | €1,022 | €3,221 | +€2,199 | +215.2% |
| Tangible fixed assets | 22/27 | €1,022 | €3,221 | +€2,199 | +215.2% |
| Plant, machinery and equipment | 23 | €1,022 | €203 | -€818 | -80.1% |
| Furniture and vehicles | 24 | - | €3,017 | +€3,017 | |
| Current assets | 29/58 | €194,355 | €266,607 | +€72,252 | +37.2% |
| Amounts receivable within one year | 40/41 | €13,027 | €13,492 | +€464 | +3.6% |
| Trade receivables | 40 | €13,022 | €13,492 | +€469 | +3.6% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Current investments | 50/53 | €169,007 | €252,024 | +€83,017 | +49.1% |
| Cash at bank and in hand | 54/58 | €12,134 | €899 | -€11,235 | -92.6% |
| Deferred charges and accrued income | 490/1 | €187 | €193 | +€5 | +2.8% |
| Total equity and liabilities | 10/49 | €195,377 | €269,828 | +€74,451 | +38.1% |
| Equity | 10/15 | €151,183 | €225,794 | +€74,612 | +49.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,183 | €219,794 | +€74,612 | +51.4% |
| Amounts payable | 17/49 | €44,195 | €44,034 | -€161 | -0.4% |
| Amounts payable within one year | 42/48 | €44,195 | €44,034 | -€161 | -0.4% |
| Trade debts | 44 | €314 | - | -€314 | |
| Suppliers | 440/4 | €314 | - | -€314 | |
| Taxes, remuneration and social security | 45 | €43,640 | €44,034 | +€395 | +0.9% |
| Taxes | 450/3 | €43,640 | €44,034 | +€395 | +0.9% |
| Other amounts payable | 47/48 | €241 | - | -€241 | |
| Non-recurring operating income | 76A | - | €187 | +€187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €807 | €1,797 | +€990 | +122.7% |
| Other operating charges | 640/8 | €518 | €924 | +€406 | +78.3% |
| Gross operating margin | 9900 | €97,720 | €92,098 | -€5,621 | -5.8% |
| Operating profit (loss) | 9901 | €96,395 | €89,377 | -€7,017 | -7.3% |
| Financial income | 75/76B | €2,491 | €4,600 | +€2,110 | +84.7% |
| Recurring financial income | 75 | €2,491 | €4,600 | +€2,110 | +84.7% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €98,768 | €93,847 | -€4,922 | -5.0% |
| Income taxes | 67/77 | €20,242 | €19,235 | -€1,007 | -5.0% |
| Profit (loss) for the period | 9904 | €78,526 | €74,612 | -€3,915 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,526 | €74,612 | -€3,915 | -5.0% |
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 12 October 2026 via checked.be.