JULEX: what changed
Two fiscal 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.
JULEX
Largest movements
- Cash -€65,287
down €65,287 (-48.3%), from €135,073 to €69,786
mainly Other debts (-€81,265) and Contributions, distributions and other (-€69,703)
- Tangible fixed assets -€16,592
down €16,592 (-100.0%), from €16,592 to €0
- Other debts -€81,265
down €81,265 (-53.8%), from €150,968 to €69,703
- Gross operating margin -€21,274
down €21,274 (-16.0%), from €132,760 to €111,486
- Taxes -€4,888
down €4,888 (-16.2%), from €30,106 to €25,219
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.
Cash bridge derived
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 | €174,324 | €94,091 | -€80,232 | -46.0% |
| Fixed assets | 21/28 | €16,592 | €0 | -€16,592 | -100.0% |
| Tangible fixed assets | 22/27 | €16,592 | €0 | -€16,592 | -100.0% |
| Furniture and vehicles | 24 | €16,592 | €0 | -€16,592 | -100.0% |
| Current assets | 29/58 | €157,732 | €94,091 | -€63,641 | -40.3% |
| Amounts receivable within one year | 40/41 | €20,838 | €22,007 | +€1,169 | +5.6% |
| Trade receivables | 40 | €12,944 | €22,007 | +€9,063 | +70.0% |
| Other amounts receivable | 41 | €7,894 | €0 | -€7,894 | -100.0% |
| Cash at bank and in hand | 54/58 | €135,073 | €69,786 | -€65,287 | -48.3% |
| Deferred charges and accrued income | 490/1 | €1,822 | €2,299 | +€477 | +26.2% |
| Total equity and liabilities | 10/49 | €174,324 | €94,091 | -€80,232 | -46.0% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €155,724 | €75,491 | -€80,232 | -51.5% |
| Amounts payable within one year | 42/48 | €155,724 | €75,491 | -€80,232 | -51.5% |
| Trade debts | 44 | €791 | €1,710 | +€919 | +116.2% |
| Suppliers | 440/4 | €791 | €1,710 | +€919 | +116.2% |
| Taxes, remuneration and social security | 45 | €3,965 | €4,078 | +€113 | +2.8% |
| Taxes | 450/3 | €2,715 | €2,828 | +€113 | +4.2% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €150,968 | €69,703 | -€81,265 | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,396 | €16,592 | -€804 | -4.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €132,760 | €111,486 | -€21,274 | -16.0% |
| Operating profit (loss) | 9901 | €114,859 | €94,375 | -€20,484 | -17.8% |
| Financial income | 75/76B | €336 | €632 | +€297 | +88.4% |
| Recurring financial income | 75 | €336 | €632 | +€297 | +88.4% |
| Financial charges | 65/66B | €72 | €85 | +€13 | +18.5% |
| Recurring financial charges | 65 | €72 | €85 | +€13 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €115,123 | €94,922 | -€20,201 | -17.5% |
| Income taxes | 67/77 | €30,106 | €25,219 | -€4,888 | -16.2% |
| Profit (loss) for the period | 9904 | €85,016 | €69,703 | -€15,313 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,016 | €69,703 | -€15,313 | -18.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.