JULEPY: 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.
What changed
JULEPY
NACE 55.203, Holiday cottages, homes and apartments
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13,804
2024 · €14,652-€847
Equity
€1.1m
2024 · €1.1m+€13,804
Cash
€59,536
2024 · €49,629+€9,907
Balance sheet total
€1.4m
2024 · €1.4m-€29,224
Largest movements
Assets
- Tangible fixed assets -€41,537
down €41,537 (-3.0%), from €1.4m to €1.3m
Equity and liabilities
- Debts after one year -€46,154
down €46,154 (-15.1%), from €305,656 to €259,502
of which Financial debts: -€31,695
Income statement
- Taxes +€2,678
up €2,678 (+85.3%), from €3,139 to €5,817
- Other operating charges -€1,866
down €1,866 (-18.7%), from €9,952 to €8,086
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.
Result 2024
€14,652
Gross operating margin
+€346
Other operating charges
+€1,866
Financial income
-€0
Financial charges
-€381
Taxes
-€2,678
Result 2025
€13,804
raises the resultlowers the result
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.
From operations
+€55,600
Investment
€0
Financing
-€45,693
Cash 2024
€49,629
From operations (derived)
+€55,600
Net result for the year
+€13,804
Depreciation
+€41,537
Receivables within one year
-€2,542
Deferred charges and accrued income
+€136
Trade debts
-€13
Tax, wage and social debts
+€2,678
Financing
-€45,693
Debts after one year
-€46,154
Current portion of long-term debt
+€461
Cash 2025
€59,536
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,418,385 | €1,389,161 | -€29,224 | -2.1% |
| Fixed assets | 21/28 | €1,365,153 | €1,323,617 | -€41,537 | -3.0% |
| Tangible fixed assets | 22/27 | €1,365,153 | €1,323,617 | -€41,537 | -3.0% |
| Land and buildings | 22 | €1,365,153 | €1,323,617 | -€41,537 | -3.0% |
| Current assets | 29/58 | €53,231 | €65,544 | +€12,313 | +23.1% |
| Amounts receivable within one year | 40/41 | €3,054 | €5,596 | +€2,542 | +83.2% |
| Trade receivables | 40 | €2,655 | €4,674 | +€2,020 | +76.1% |
| Other amounts receivable | 41 | €400 | €921 | +€522 | +131% |
| Cash at bank and in hand | 54/58 | €49,629 | €59,536 | +€9,907 | +20.0% |
| Deferred charges and accrued income | 490/1 | €548 | €412 | -€136 | -24.8% |
| Total equity and liabilities | 10/49 | €1,418,385 | €1,389,161 | -€29,224 | -2.1% |
| Equity | 10/15 | €1,073,693 | €1,087,498 | +€13,804 | +1.3% |
| Contributions | 10/11 | €1,073,477 | €1,073,477 | = | 0.0% |
| Reserves | 13 | €216 | €14,021 | +€13,804 | +6,381% |
| Distributable reserves | 133 | €216 | €14,021 | +€13,804 | +6,381% |
| Amounts payable | 17/49 | €344,692 | €301,663 | -€43,029 | -12.5% |
| Amounts payable after more than one year | 17 | €305,656 | €259,502 | -€46,154 | -15.1% |
| Financial debts | 170/4 | €248,081 | €216,386 | -€31,695 | -12.8% |
| Other amounts payable | 178/9 | €57,575 | €43,116 | -€14,459 | -25.1% |
| Amounts payable within one year | 42/48 | €37,296 | €40,421 | +€3,125 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €31,234 | €31,695 | +€461 | +1.5% |
| Trade debts | 44 | €2,922 | €2,909 | -€13 | -0.5% |
| Suppliers | 440/4 | €2,922 | €2,909 | -€13 | -0.5% |
| Taxes, remuneration and social security | 45 | €3,139 | €5,817 | +€2,678 | +85.3% |
| Taxes | 450/3 | €3,139 | €5,817 | +€2,678 | +85.3% |
| Accrued charges and deferred income | 492/3 | €1,740 | €1,740 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,537 | €41,537 | = | 0.0% |
| Other operating charges | 640/8 | €9,952 | €8,086 | -€1,866 | -18.7% |
| Gross operating margin | 9900 | €73,678 | €74,024 | +€346 | +0.5% |
| Operating profit (loss) | 9901 | €22,190 | €24,401 | +€2,211 | +10.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,399 | €4,780 | +€381 | +8.7% |
| Recurring financial charges | 65 | €4,399 | €4,780 | +€381 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €17,791 | €19,621 | +€1,831 | +10.3% |
| Income taxes | 67/77 | €3,139 | €5,817 | +€2,678 | +85.3% |
| Profit (loss) for the period | 9904 | €14,652 | €13,804 | -€847 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,652 | €13,804 | -€847 | -5.8% |
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 15 October 2026 via checked.be.