JULEON: 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.
JULEON
Largest movements
- Cash -€147,446
down €147,446 (-80.2%), from €183,824 to €36,378
mainly Net result for the year (-€91,212) and Debts after one year (-€76,848)
- Tangible fixed assets -€104,761
down €104,761 (-8.8%), from €1.2m to €1.1m
of which Land and buildings: -€98,648
- Receivables within one year +€27,115
up €27,115 (+11.9%), from €228,670 to €255,785
of which Other amounts receivable: +€15,209
- Reserves -€91,212
down €91,212 (-9.4%), from €969,321 to €878,110
of which Distributable reserves: -€91,212
- Debts after one year -€76,848
down €76,848 (-18.6%), from €412,704 to €335,856
- Trade debts -€67,035
down €67,035 (-87.9%), from €76,237 to €9,201
- Gross operating margin +€38,495
up €38,495 (+102%), from €37,799 to €76,294
- Financial charges -€4,754
down €4,754 (-13.5%), from €35,265 to €30,511
- Financial income +€4,326
up €4,326 (+46.2%), from €9,353 to €13,678
- Depreciation -€3,671
down €3,671 (-3.1%), from €118,708 to €115,037
- Other operating charges +€1,579
up €1,579 (+4.9%), from €32,177 to €33,755
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 | €1,934,520 | €1,719,260 | -€215,259 | -11.1% |
| Fixed assets | 21/28 | €1,450,415 | €1,345,655 | -€104,761 | -7.2% |
| Tangible fixed assets | 22/27 | €1,192,915 | €1,088,155 | -€104,761 | -8.8% |
| Land and buildings | 22 | €1,157,103 | €1,058,454 | -€98,648 | -8.5% |
| Plant, machinery and equipment | 23 | €5,202 | €4,812 | -€390 | -7.5% |
| Furniture and vehicles | 24 | €30,610 | €24,888 | -€5,723 | -18.7% |
| Financial fixed assets | 28 | €257,500 | €257,500 | = | 0.0% |
| Current assets | 29/58 | €484,104 | €373,606 | -€110,499 | -22.8% |
| Amounts receivable within one year | 40/41 | €228,670 | €255,785 | +€27,115 | +11.9% |
| Trade receivables | 40 | €8,993 | €20,898 | +€11,905 | +132% |
| Other amounts receivable | 41 | €219,677 | €234,886 | +€15,209 | +6.9% |
| Cash at bank and in hand | 54/58 | €183,824 | €36,378 | -€147,446 | -80.2% |
| Deferred charges and accrued income | 490/1 | €71,610 | €81,443 | +€9,833 | +13.7% |
| Total equity and liabilities | 10/49 | €1,934,520 | €1,719,260 | -€215,259 | -11.1% |
| Equity | 10/15 | €980,660 | €889,449 | -€91,212 | -9.3% |
| Contributions | 10/11 | €11,339 | €11,339 | = | 0.0% |
| Reserves | 13 | €969,321 | €878,110 | -€91,212 | -9.4% |
| Non-distributable reserves | 130/1 | €239,699 | €239,699 | = | 0.0% |
| Other | 1319 | €239,699 | €239,699 | = | 0.0% |
| Tax-exempt reserves | 132 | €128 | €128 | = | 0.0% |
| Distributable reserves | 133 | €729,494 | €638,282 | -€91,212 | -12.5% |
| Amounts payable | 17/49 | €953,859 | €829,812 | -€124,048 | -13.0% |
| Amounts payable after more than one year | 17 | €412,704 | €335,856 | -€76,848 | -18.6% |
| Financial debts | 170/4 | €412,704 | €335,856 | -€76,848 | -18.6% |
| Amounts payable within one year | 42/48 | €528,029 | €478,602 | -€49,427 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €76,848 | €76,848 | = | 0.0% |
| Trade debts | 44 | €76,237 | €9,201 | -€67,035 | -87.9% |
| Suppliers | 440/4 | €76,237 | €9,201 | -€67,035 | -87.9% |
| Taxes, remuneration and social security | 45 | €10,387 | €19,017 | +€8,630 | +83.1% |
| Taxes | 450/3 | €7,672 | €13,587 | +€5,915 | +77.1% |
| Remuneration and social security | 454/9 | €2,715 | €5,430 | +€2,715 | +100% |
| Other amounts payable | 47/48 | €364,558 | €373,536 | +€8,978 | +2.5% |
| Accrued charges and deferred income | 492/3 | €13,126 | €15,353 | +€2,227 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,708 | €115,037 | -€3,671 | -3.1% |
| Other operating charges | 640/8 | €32,177 | €33,755 | +€1,579 | +4.9% |
| Non-recurring operating charges | 66A | €562 | €126 | -€436 | -77.6% |
| Gross operating margin | 9900 | €37,799 | €76,294 | +€38,495 | +102% |
| Operating profit (loss) | 9901 | -€113,648 | -€72,624 | +€41,024 | +36.1% |
| Financial income | 75/76B | €9,353 | €13,678 | +€4,326 | +46.2% |
| Recurring financial income | 75 | €9,353 | €13,678 | +€4,326 | +46.2% |
| Financial charges | 65/66B | €35,265 | €30,511 | -€4,754 | -13.5% |
| Recurring financial charges | 65 | €35,265 | €30,511 | -€4,754 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€139,560 | -€89,457 | +€50,103 | +35.9% |
| Income taxes | 67/77 | €282 | €1,754 | +€1,472 | +522% |
| Profit (loss) for the period | 9904 | -€139,842 | -€91,212 | +€48,631 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€139,842 | -€91,212 | +€48,631 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.