Julero Consulting: 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.
Julero Consulting
Largest movements
- Cash -€66,082
down €66,082 (-41.8%), from €158,164 to €92,082
mainly Contributions, distributions and other (-€290,000) and Investment in fixed assets (net) (-€1,487)
- Receivables after one year -€48,500
no longer reported in 2025 (was €48,500)
- Tangible fixed assets -€2,633
down €2,633 (-24.2%), from €10,885 to €8,253
of which Plant, machinery and equipment: -€2,372
- Reserves -€201,499
down €201,499 (-99.6%), from €202,271 to €772
- Other debts +€63,711
new in 2025: €63,711
- Tax, wage and social debts +€20,999
up €20,999 (+60.6%), from €34,645 to €55,644
- Gross operating margin +€13,342
up €13,342 (+12.3%), from €108,319 to €121,661
- Taxes +€2,997
up €2,997 (+12.5%), from €23,971 to €26,968
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 | €240,926 | €122,760 | -€118,166 | -49.0% |
| Fixed assets | 21/28 | €10,885 | €8,253 | -€2,633 | -24.2% |
| Tangible fixed assets | 22/27 | €10,885 | €8,253 | -€2,633 | -24.2% |
| Land and buildings | 22 | €1,754 | €1,569 | -€185 | -10.6% |
| Plant, machinery and equipment | 23 | €9,056 | €6,684 | -€2,372 | -26.2% |
| Furniture and vehicles | 24 | €75 | - | -€75 | |
| Current assets | 29/58 | €230,041 | €114,507 | -€115,534 | -50.2% |
| Amounts receivable after more than one year | 29 | €48,500 | - | -€48,500 | |
| Other amounts receivable | 291 | €48,500 | - | -€48,500 | |
| Amounts receivable within one year | 40/41 | €20,608 | €19,984 | -€625 | -3.0% |
| Trade receivables | 40 | €19,643 | €19,984 | +€340 | +1.7% |
| Other amounts receivable | 41 | €965 | - | -€965 | |
| Cash at bank and in hand | 54/58 | €158,164 | €92,082 | -€66,082 | -41.8% |
| Deferred charges and accrued income | 490/1 | €2,768 | €2,441 | -€327 | -11.8% |
| Total equity and liabilities | 10/49 | €240,926 | €122,760 | -€118,166 | -49.0% |
| Equity | 10/15 | €204,271 | €2,772 | -€201,499 | -98.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €202,271 | €772 | -€201,499 | -99.6% |
| Distributable reserves | 133 | €202,271 | €772 | -€201,499 | -99.6% |
| Amounts payable | 17/49 | €36,655 | €119,988 | +€83,333 | +227% |
| Amounts payable within one year | 42/48 | €36,655 | €119,988 | +€83,333 | +227% |
| Trade debts | 44 | €2,010 | €633 | -€1,377 | -68.5% |
| Suppliers | 440/4 | €2,010 | €633 | -€1,377 | -68.5% |
| Taxes, remuneration and social security | 45 | €34,645 | €55,644 | +€20,999 | +60.6% |
| Taxes | 450/3 | €34,645 | €55,644 | +€20,999 | +60.6% |
| Other amounts payable | 47/48 | - | €63,711 | +€63,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,732 | €4,119 | +€387 | +10.4% |
| Other operating charges | 640/8 | €881 | €2,012 | +€1,131 | +128% |
| Gross operating margin | 9900 | €108,319 | €121,661 | +€13,342 | +12.3% |
| Operating profit (loss) | 9901 | €103,705 | €115,530 | +€11,825 | +11.4% |
| Financial income | 75/76B | €10 | €37 | +€27 | +268% |
| Recurring financial income | 75 | €10 | €37 | +€27 | +268% |
| Financial charges | 65/66B | €104 | €98 | -€5 | -5.2% |
| Recurring financial charges | 65 | €104 | €98 | -€5 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €103,612 | €115,469 | +€11,857 | +11.4% |
| Income taxes | 67/77 | €23,971 | €26,968 | +€2,997 | +12.5% |
| Profit (loss) for the period | 9904 | €79,641 | €88,501 | +€8,860 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,641 | €88,501 | +€8,860 | +11.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.