Julelie: 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.
Julelie
Largest movements
- Cash +€124,640
up €124,640 (+84.6%), from €147,414 to €272,054
mainly Net result for the year (+€128,307) and Tax, wage and social debts (+€56,350)
- Current investments +€40,000
new in 2025: €40,000
- Receivables within one year +€26,178
up €26,178 (+144%), from €18,150 to €44,328
- Tangible fixed assets -€17,295
down €17,295 (-21.1%), from €81,924 to €64,629
of which Furniture and vehicles: -€14,614
- Reserves +€128,307
up €128,307 (+102%), from €126,150 to €254,457
- Tax, wage and social debts +€56,350
up €56,350 (+90.6%), from €62,223 to €118,573
- Other debts -€25,573
down €25,573 (-51.6%), from €49,517 to €23,944
- Trade debts +€15,099
up €15,099 (+191%), from €7,902 to €23,001
No income-statement line moved by more than 1% of the activity.
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 | €247,489 | €421,059 | +€173,571 | +70.1% |
| Fixed assets | 21/28 | €81,924 | €64,629 | -€17,295 | -21.1% |
| Tangible fixed assets | 22/27 | €81,924 | €64,629 | -€17,295 | -21.1% |
| Land and buildings | 22 | €19,867 | €17,513 | -€2,355 | -11.9% |
| Plant, machinery and equipment | 23 | €2,936 | €2,610 | -€326 | -11.1% |
| Furniture and vehicles | 24 | €59,121 | €44,507 | -€14,614 | -24.7% |
| Current assets | 29/58 | €165,564 | €356,430 | +€190,866 | +115% |
| Amounts receivable within one year | 40/41 | €18,150 | €44,328 | +€26,178 | +144% |
| Trade receivables | 40 | €18,150 | €44,328 | +€26,178 | +144% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €147,414 | €272,054 | +€124,640 | +84.6% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €247,489 | €421,059 | +€173,571 | +70.1% |
| Equity | 10/15 | €127,150 | €255,457 | +€128,307 | +101% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €126,150 | €254,457 | +€128,307 | +102% |
| Distributable reserves | 133 | €126,150 | €254,457 | +€128,307 | +102% |
| Amounts payable | 17/49 | €120,339 | €165,603 | +€45,264 | +37.6% |
| Amounts payable within one year | 42/48 | €119,642 | €165,518 | +€45,876 | +38.3% |
| Trade debts | 44 | €7,902 | €23,001 | +€15,099 | +191% |
| Suppliers | 440/4 | €7,902 | €23,001 | +€15,099 | +191% |
| Taxes, remuneration and social security | 45 | €62,223 | €118,573 | +€56,350 | +90.6% |
| Taxes | 450/3 | €62,223 | €118,573 | +€56,350 | +90.6% |
| Other amounts payable | 47/48 | €49,517 | €23,944 | -€25,573 | -51.6% |
| Accrued charges and deferred income | 492/3 | €697 | €85 | -€612 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,971 | €17,295 | +€1,324 | +8.3% |
| Other operating charges | 640/8 | €1,526 | €627 | -€899 | -58.9% |
| Gross operating margin | 9900 | €198,266 | €199,741 | +€1,475 | +0.7% |
| Operating profit (loss) | 9901 | €180,768 | €181,818 | +€1,050 | +0.6% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €86 | €70 | -€16 | -18.6% |
| Recurring financial charges | 65 | €86 | €70 | -€16 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €180,681 | €181,795 | +€1,114 | +0.6% |
| Income taxes | 67/77 | €54,531 | €53,489 | -€1,043 | -1.9% |
| Profit (loss) for the period | 9904 | €126,150 | €128,307 | +€2,157 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €126,150 | €128,307 | +€2,157 | +1.7% |
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 14 October 2026 via checked.be.