JULEON MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€9,443
up €9,443 (+41.1%), from €22,999 to €32,443
mainly Net result for the year (+€18,038) and Trade debts (+€4,333)
- Deferred charges and accrued income -€616
down €616 (-98.5%), from €625 to €10
- Reserves +€17,205
up €17,205 (+110%), from €15,685 to €32,890
- Other debts -€10,105
down €10,105 (-94.5%), from €10,689 to €583
- Trade debts +€4,333
up €4,333 (+424%), from €1,022 to €5,355
- Tax, wage and social debts -€3,552
down €3,552 (-26.9%), from €13,216 to €9,664
- Accrued charges and deferred income +€997
new in 2025: €997
- Gross operating margin +€3,752
up €3,752 (+12.5%), from €29,916 to €33,668
- Taxes +€1,953
up €1,953 (+26.2%), from €7,461 to €9,414
- Depreciation -€1,208
down €1,208 (-72.0%), from €1,679 to €471
- Other operating charges +€1,079
up €1,079 (+107%), from €1,006 to €2,086
- Financial charges -€424
down €424 (-10.4%), from €4,084 to €3,660
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 | €45,612 | €54,489 | +€8,877 | +19.5% |
| Fixed assets | 21/28 | €1,606 | €1,135 | -€471 | -29.3% |
| Tangible fixed assets | 22/27 | €1,606 | €1,135 | -€471 | -29.3% |
| Furniture and vehicles | 24 | €1,606 | €1,135 | -€471 | -29.3% |
| Current assets | 29/58 | €44,007 | €53,354 | +€9,347 | +21.2% |
| Amounts receivable within one year | 40/41 | €20,382 | €20,902 | +€520 | +2.5% |
| Trade receivables | 40 | €20,014 | €17,679 | -€2,335 | -11.7% |
| Other amounts receivable | 41 | €368 | €3,223 | +€2,854 | +775% |
| Cash at bank and in hand | 54/58 | €22,999 | €32,443 | +€9,443 | +41.1% |
| Deferred charges and accrued income | 490/1 | €625 | €10 | -€616 | -98.5% |
| Total equity and liabilities | 10/49 | €45,612 | €54,489 | +€8,877 | +19.5% |
| Equity | 10/15 | €20,685 | €37,890 | +€17,205 | +83.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,685 | €32,890 | +€17,205 | +110% |
| Distributable reserves | 133 | €15,685 | €32,890 | +€17,205 | +110% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,927 | €16,599 | -€8,328 | -33.4% |
| Amounts payable within one year | 42/48 | €24,927 | €15,602 | -€9,325 | -37.4% |
| Trade debts | 44 | €1,022 | €5,355 | +€4,333 | +424% |
| Suppliers | 440/4 | €1,022 | €5,355 | +€4,333 | +424% |
| Taxes, remuneration and social security | 45 | €13,216 | €9,664 | -€3,552 | -26.9% |
| Taxes | 450/3 | €13,216 | €9,664 | -€3,552 | -26.9% |
| Other amounts payable | 47/48 | €10,689 | €583 | -€10,105 | -94.5% |
| Accrued charges and deferred income | 492/3 | - | €997 | +€997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,679 | €471 | -€1,208 | -72.0% |
| Other operating charges | 640/8 | €1,006 | €2,086 | +€1,079 | +107% |
| Gross operating margin | 9900 | €29,916 | €33,668 | +€3,752 | +12.5% |
| Operating profit (loss) | 9901 | €27,231 | €31,112 | +€3,881 | +14.3% |
| Financial charges | 65/66B | €4,084 | €3,660 | -€424 | -10.4% |
| Recurring financial charges | 65 | €4,084 | €3,660 | -€424 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €23,146 | €27,452 | +€4,305 | +18.6% |
| Income taxes | 67/77 | €7,461 | €9,414 | +€1,953 | +26.2% |
| Profit (loss) for the period | 9904 | €15,685 | €18,038 | +€2,352 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,685 | €18,038 | +€2,352 | +15.0% |
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 16 October 2026 via checked.be.