Jules Development: 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 Development
Largest movements
- Receivables within one year +€29,039
up €29,039 (+153%), from €19,019 to €48,058
of which Trade receivables: +€18,598
- Cash +€4,904
up €4,904 (+31.3%), from €15,667 to €20,571
mainly Net result for the year (+€31,232) and Current portion of long-term debt (+€9,000)
- Deferred charges and accrued income -€3,170
down €3,170 (-99.1%), from €3,200 to €30
- Profit (loss) carried forward +€31,232
up €31,232 (+147%), from €21,179 to €52,411
- Current portion of long-term debt +€9,000
new in 2025: €9,000
- Tax, wage and social debts -€8,082
down €8,082 (-64.6%), from €12,513 to €4,431
- Trade debts -€935
down €935 (-35.8%), from €2,612 to €1,677
- Gross operating margin +€16,354
up €16,354 (+59.8%), from €27,360 to €43,714
- Taxes +€3,748
up €3,748 (+67.0%), from €5,594 to €9,343
- Financial charges +€1,785
up €1,785 (+369%), from €484 to €2,268
- Other operating charges +€452
up €452 (+716%), from €63 to €515
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 | €38,908 | €70,043 | +€31,134 | +80.0% |
| Fixed assets | 21/28 | €1,022 | €1,383 | +€361 | +35.3% |
| Tangible fixed assets | 22/27 | €1,022 | €1,383 | +€361 | +35.3% |
| Furniture and vehicles | 24 | €1,022 | €1,383 | +€361 | +35.3% |
| Current assets | 29/58 | €37,886 | €68,659 | +€30,773 | +81.2% |
| Amounts receivable within one year | 40/41 | €19,019 | €48,058 | +€29,039 | +153% |
| Trade receivables | 40 | €15,283 | €33,881 | +€18,598 | +122% |
| Other amounts receivable | 41 | €3,736 | €14,177 | +€10,441 | +279% |
| Cash at bank and in hand | 54/58 | €15,667 | €20,571 | +€4,904 | +31.3% |
| Deferred charges and accrued income | 490/1 | €3,200 | €30 | -€3,170 | -99.1% |
| Total equity and liabilities | 10/49 | €38,908 | €70,043 | +€31,134 | +80.0% |
| Equity | 10/15 | €23,679 | €54,911 | +€31,232 | +132% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,179 | €52,411 | +€31,232 | +147% |
| Amounts payable | 17/49 | €15,229 | €15,132 | -€98 | -0.6% |
| Amounts payable within one year | 42/48 | €15,229 | €15,132 | -€98 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,000 | +€9,000 | |
| Financial debts | 43 | €104 | €24 | -€80 | -77.3% |
| Credit institutions | 430/8 | €104 | €24 | -€80 | -77.3% |
| Trade debts | 44 | €2,612 | €1,677 | -€935 | -35.8% |
| Suppliers | 440/4 | €2,612 | €1,677 | -€935 | -35.8% |
| Taxes, remuneration and social security | 45 | €12,513 | €4,431 | -€8,082 | -64.6% |
| Taxes | 450/3 | €12,513 | €4,431 | -€8,082 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40 | €356 | +€316 | +790% |
| Other operating charges | 640/8 | €63 | €515 | +€452 | +716% |
| Gross operating margin | 9900 | €27,360 | €43,714 | +€16,354 | +59.8% |
| Operating profit (loss) | 9901 | €27,257 | €42,843 | +€15,586 | +57.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €484 | €2,268 | +€1,785 | +369% |
| Recurring financial charges | 65 | €484 | €2,268 | +€1,785 | +369% |
| Profit (loss) for the period before taxes | 9903 | €26,773 | €40,574 | +€13,801 | +51.5% |
| Income taxes | 67/77 | €5,594 | €9,343 | +€3,748 | +67.0% |
| Profit (loss) for the period | 9904 | €21,179 | €31,232 | +€10,053 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,179 | €31,232 | +€10,053 | +47.5% |
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 19 October 2026 via checked.be.