JULES BLOCK: 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.
JULES BLOCK
Largest movements
- Tangible fixed assets +€173,048
up €173,048 (+5.7%), from €3.0m to €3.2m
of which Land and buildings: +€174,188
- Receivables within one year -€47,387
down €47,387 (-97.8%), from €48,430 to €1,043
of which Trade receivables: -€41,011
- Reserves +€80,948
up €80,948 (+369%), from €21,917 to €102,864
of which Distributable reserves: +€75,000
- Profit (loss) carried forward +€38,003
up €38,003 (+89.5%), from €42,485 to €80,488
- Gross operating margin +€135,840
up €135,840 (+330%), from €41,209 to €177,049
- Taxes +€39,815
new in 2025: €39,815
- Depreciation +€3,589
up €3,589 (+134%), from €2,672 to €6,261
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 | €3,228,743 | €3,326,505 | +€97,761 | +3.0% |
| Fixed assets | 21/28 | €3,042,980 | €3,216,029 | +€173,048 | +5.7% |
| Tangible fixed assets | 22/27 | €3,042,980 | €3,216,029 | +€173,048 | +5.7% |
| Land and buildings | 22 | €3,039,425 | €3,213,613 | +€174,188 | +5.7% |
| Plant, machinery and equipment | 23 | €3,451 | €2,416 | -€1,035 | -30.0% |
| Furniture and vehicles | 24 | €104 | - | -€104 | |
| Current assets | 29/58 | €185,763 | €110,476 | -€75,287 | -40.5% |
| Amounts receivable within one year | 40/41 | €48,430 | €1,043 | -€47,387 | -97.8% |
| Trade receivables | 40 | €41,574 | €563 | -€41,011 | -98.6% |
| Other amounts receivable | 41 | €6,856 | €480 | -€6,376 | -93.0% |
| Cash at bank and in hand | 54/58 | €135,383 | €105,334 | -€30,049 | -22.2% |
| Deferred charges and accrued income | 490/1 | €1,950 | €4,100 | +€2,149 | +110% |
| Total equity and liabilities | 10/49 | €3,228,743 | €3,326,505 | +€97,761 | +3.0% |
| Equity | 10/15 | €3,134,346 | €3,253,297 | +€118,951 | +3.8% |
| Contributions | 10/11 | €3,069,945 | €3,069,945 | = | 0.0% |
| Capital | 10 | €3,069,945 | €3,069,945 | = | 0.0% |
| Issued capital | 100 | €3,069,945 | €3,069,945 | = | 0.0% |
| Reserves | 13 | €21,917 | €102,864 | +€80,948 | +369% |
| Non-distributable reserves | 130/1 | €8,373 | €14,321 | +€5,948 | +71.0% |
| Legal reserve | 130 | €8,373 | €14,321 | +€5,948 | +71.0% |
| Distributable reserves | 133 | €13,543 | €88,543 | +€75,000 | +554% |
| Profit (loss) carried forward | 14 | €42,485 | €80,488 | +€38,003 | +89.5% |
| Amounts payable | 17/49 | €94,397 | €73,207 | -€21,189 | -22.4% |
| Amounts payable within one year | 42/48 | €91,802 | €70,575 | -€21,228 | -23.1% |
| Trade debts | 44 | €17,282 | €4,168 | -€13,114 | -75.9% |
| Suppliers | 440/4 | €17,282 | €4,168 | -€13,114 | -75.9% |
| Taxes, remuneration and social security | 45 | €3,545 | €5,678 | +€2,133 | +60.2% |
| Taxes | 450/3 | €3,545 | €5,678 | +€2,133 | +60.2% |
| Other amounts payable | 47/48 | €70,976 | €60,729 | -€10,247 | -14.4% |
| Accrued charges and deferred income | 492/3 | €2,595 | €2,633 | +€38 | +1.5% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,672 | €6,261 | +€3,589 | +134% |
| Other operating charges | 640/8 | €7,675 | €9,109 | +€1,435 | +18.7% |
| Gross operating margin | 9900 | €41,209 | €177,049 | +€135,840 | +330% |
| Operating profit (loss) | 9901 | €30,863 | €161,679 | +€130,816 | +424% |
| Financial income | 75/76B | €157 | €101 | -€57 | -36.0% |
| Recurring financial income | 75 | €157 | €101 | -€57 | -36.0% |
| Financial charges | 65/66B | €3,447 | €3,014 | -€433 | -12.6% |
| Recurring financial charges | 65 | €3,447 | €3,014 | -€433 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €27,573 | €158,766 | +€131,193 | +476% |
| Income taxes | 67/77 | - | €39,815 | +€39,815 | |
| Profit (loss) for the period | 9904 | €27,573 | €118,951 | +€91,378 | +331% |
| Profit (loss) for the period to be appropriated | 9905 | €27,573 | €118,951 | +€91,378 | +331% |
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 23 October 2026 via checked.be.