JULES VOISIN: what changed
JULES VOISIN
Largest movements
- Cash -€41,316
down €41,316 (-90.3%), from €45,752 to €4,436
mainly Investment in fixed assets (net) (-€36,438) and Receivables within one year (-€31,192)
- Receivables within one year +€31,192
up €31,192 (+14.2%), from €219,796 to €250,988
of which Trade receivables: +€34,733
- Tangible fixed assets +€27,615
up €27,615 (+435%), from €6,355 to €33,971
of which Furniture and vehicles: +€28,928
- Current investments +€8,198
up €8,198 (+14.7%), from €55,670 to €63,867
- Receivables after one year -€5,333
down €5,333 (-52.6%), from €10,137 to €4,804
- Profit (loss) carried forward +€28,508
up €28,508 (+11.5%), from €248,962 to €277,470
- Contributions +€18,600
new in 2025: €18,600
- Reserves -€18,600
down €18,600 (-59.9%), from €31,031 to €12,431
- Debts after one year -€10,548
down €10,548 (-54.2%), from €19,452 to €8,903
- Gross operating margin +€22,435
up €22,435 (+81.9%), from €27,393 to €49,829
- Depreciation +€6,805
up €6,805 (+337%), from €2,017 to €8,823
- Staff costs -€1,163
down €1,163 (-19.6%), from €5,922 to €4,760
- Taxes +€784
up €784 (+15.7%), from €4,984 to €5,768
- Financial charges -€511
down €511 (-39.2%), from €1,304 to €793
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,798 | €358,154 | +€20,356 | +6.0% |
| Fixed assets | 21/28 | €6,443 | €34,059 | +€27,615 | +429% |
| Tangible fixed assets | 22/27 | €6,355 | €33,971 | +€27,615 | +435% |
| Furniture and vehicles | 24 | €2,032 | €30,960 | +€28,928 | +1,423% |
| Other tangible fixed assets | 26 | €4,323 | €3,011 | -€1,313 | -30.4% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €331,355 | €324,095 | -€7,259 | -2.2% |
| Amounts receivable after more than one year | 29 | €10,137 | €4,804 | -€5,333 | -52.6% |
| Trade receivables | 290 | €10,137 | €4,804 | -€5,333 | -52.6% |
| Amounts receivable within one year | 40/41 | €219,796 | €250,988 | +€31,192 | +14.2% |
| Trade receivables | 40 | €3,829 | €38,562 | +€34,733 | +907% |
| Other amounts receivable | 41 | €215,967 | €212,426 | -€3,540 | -1.6% |
| Current investments | 50/53 | €55,670 | €63,867 | +€8,198 | +14.7% |
| Cash at bank and in hand | 54/58 | €45,752 | €4,436 | -€41,316 | -90.3% |
| Total equity and liabilities | 10/49 | €337,798 | €358,154 | +€20,356 | +6.0% |
| Equity | 10/15 | €279,993 | €308,501 | +€28,508 | +10.2% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €31,031 | €12,431 | -€18,600 | -59.9% |
| Distributable reserves | 133 | €31,031 | €12,431 | -€18,600 | -59.9% |
| Profit (loss) carried forward | 14 | €248,962 | €277,470 | +€28,508 | +11.5% |
| Amounts payable | 17/49 | €57,805 | €49,653 | -€8,152 | -14.1% |
| Amounts payable after more than one year | 17 | €19,452 | €8,903 | -€10,548 | -54.2% |
| Financial debts | 170/4 | €19,452 | €8,903 | -€10,548 | -54.2% |
| Amounts payable within one year | 42/48 | €38,353 | €40,750 | +€2,396 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €10,548 | €10,548 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,059 | €7,583 | +€2,524 | +49.9% |
| Taxes | 450/3 | €5,059 | €7,003 | +€1,943 | +38.4% |
| Remuneration and social security | 454/9 | - | €581 | +€581 | |
| Other amounts payable | 47/48 | €22,746 | €22,618 | -€128 | -0.6% |
| Remuneration, social security and pensions | 62 | €5,922 | €4,760 | -€1,163 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,017 | €8,823 | +€6,805 | +337% |
| Other operating charges | 640/8 | €1,153 | €1,376 | +€223 | +19.3% |
| Gross operating margin | 9900 | €27,393 | €49,829 | +€22,435 | +81.9% |
| Operating profit (loss) | 9901 | €18,301 | €34,871 | +€16,570 | +90.5% |
| Financial income | 75/76B | €215 | €198 | -€17 | -8.1% |
| Recurring financial income | 75 | €215 | €198 | -€17 | -8.1% |
| Financial charges | 65/66B | €1,304 | €793 | -€511 | -39.2% |
| Recurring financial charges | 65 | €1,304 | €793 | -€511 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €17,212 | €34,276 | +€17,064 | +99.1% |
| Income taxes | 67/77 | €4,984 | €5,768 | +€784 | +15.7% |
| Profit (loss) for the period | 9904 | €12,228 | €28,508 | +€16,280 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €12,228 | €28,508 | +€16,280 | +133% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.