JULENCA: 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.
JULENCA
Largest movements
- Financial fixed assets -€20,000
down €20,000 (-100%), from €20,000 to €0
- Tangible fixed assets +€19,262
up €19,262 (+8.7%), from €220,507 to €239,769
of which Furniture and vehicles: +€27,862
- Receivables within one year +€8,172
up €8,172 (+450%), from €1,815 to €9,987
of which Other amounts receivable: +€9,707
- Cash -€5,709
down €5,709 (-35.1%), from €16,275 to €10,566
mainly Other debts (-€65,648) and Investment in fixed assets (net) (-€13,888)
- Other debts -€65,648
down €65,648 (-76.6%), from €85,708 to €20,060
- Reserves +€63,566
new in 2025: €63,566
- Profit (loss) carried forward +€20,048
up €20,048, from -€20,048 to €0
- Debts after one year -€13,376
down €13,376 (-10.7%), from €124,906 to €111,530
- Tax, wage and social debts -€4,224
down €4,224 (-100%), from €4,224 to €0
- Financial income +€89,333
up €89,333 (+893,333,200%), from €0 to €89,333
- Gross operating margin +€11,167
up €11,167 (+240%), from €4,658 to €15,826
- Other operating charges -€861
down €861 (-52.8%), from €1,630 to €769
- Financial charges -€657
down €657 (-9.9%), from €6,617 to €5,960
- Depreciation +€570
up €570 (+4.1%), from €14,057 to €14,627
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 | €258,598 | €260,323 | +€1,725 | +0.7% |
| Fixed assets | 21/28 | €240,507 | €239,769 | -€738 | -0.3% |
| Tangible fixed assets | 22/27 | €220,507 | €239,769 | +€19,262 | +8.7% |
| Land and buildings | 22 | €200,628 | €192,831 | -€7,797 | -3.9% |
| Plant, machinery and equipment | 23 | €2,684 | €1,882 | -€803 | -29.9% |
| Furniture and vehicles | 24 | €17,195 | €45,057 | +€27,862 | +162% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100% |
| Current assets | 29/58 | €18,090 | €20,553 | +€2,463 | +13.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,815 | €9,987 | +€8,172 | +450% |
| Trade receivables | 40 | €1,815 | €280 | -€1,535 | -84.6% |
| Other amounts receivable | 41 | €0 | €9,707 | +€9,707 | |
| Cash at bank and in hand | 54/58 | €16,275 | €10,566 | -€5,709 | -35.1% |
| Total equity and liabilities | 10/49 | €258,598 | €260,323 | +€1,725 | +0.7% |
| Equity | 10/15 | €29,952 | €113,566 | +€83,614 | +279% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | - | €63,566 | +€63,566 | |
| Distributable reserves | 133 | - | €63,566 | +€63,566 | |
| Profit (loss) carried forward | 14 | -€20,048 | €0 | +€20,048 | |
| Amounts payable | 17/49 | €228,646 | €146,757 | -€81,889 | -35.8% |
| Amounts payable after more than one year | 17 | €124,906 | €111,530 | -€13,376 | -10.7% |
| Financial debts | 170/4 | €124,906 | €111,530 | -€13,376 | -10.7% |
| Amounts payable within one year | 42/48 | €103,740 | €35,201 | -€68,538 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €12,816 | €13,376 | +€561 | +4.4% |
| Trade debts | 44 | €992 | €1,765 | +€774 | +78.0% |
| Suppliers | 440/4 | €992 | €1,765 | +€774 | +78.0% |
| Taxes, remuneration and social security | 45 | €4,224 | €0 | -€4,224 | -100% |
| Taxes | 450/3 | €4,224 | €0 | -€4,224 | -100% |
| Other amounts payable | 47/48 | €85,708 | €20,060 | -€65,648 | -76.6% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,057 | €14,627 | +€570 | +4.1% |
| Other operating charges | 640/8 | €1,630 | €769 | -€861 | -52.8% |
| Non-recurring operating charges | 66A | - | €189 | +€189 | |
| Gross operating margin | 9900 | €4,658 | €15,826 | +€11,167 | +240% |
| Operating profit (loss) | 9901 | -€11,028 | €241 | +€11,269 | |
| Financial income | 75/76B | €0 | €89,333 | +€89,333 | +893,333,200% |
| Recurring financial income | 75 | €0 | €89,333 | +€89,333 | +893,333,200% |
| Financial charges | 65/66B | €6,617 | €5,960 | -€657 | -9.9% |
| Recurring financial charges | 65 | €6,617 | €5,960 | -€657 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,645 | €83,614 | +€101,259 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,645 | €83,614 | +€101,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,645 | €83,614 | +€101,259 |
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 17 October 2026 via checked.be.