JULIA CROSSLAND: 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.
JULIA CROSSLAND
Largest movements
- Cash +€425,602
up €425,602 (+506%), from €84,040 to €509,642
mainly Net result for the year (+€681,004) and Tax, wage and social debts (+€53,322)
- Current investments +€174,638
up €174,638 (+10.1%), from €1.7m to €1.9m
- Receivables within one year +€101,547
up €101,547 (+126%), from €80,315 to €181,862
- Reserves +€681,004
up €681,004 (+38.1%), from €1.8m to €2.5m
- Tax, wage and social debts +€53,322
up €53,322 (+146%), from €36,439 to €89,761
- Other debts -€31,602
down €31,602 (-72.6%), from €43,551 to €11,949
- Financial income +€569,319
up €569,319 (+6,857%), from €8,303 to €577,621
- Taxes +€259,255
up €259,255 (+392%), from €66,123 to €325,379
- Gross operating margin +€241,545
up €241,545 (+115%), from €209,364 to €450,909
- Financial charges +€5,583
up €5,583 (+49.2%), from €11,355 to €16,938
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 | €1,892,297 | €2,593,111 | +€700,814 | +37.0% |
| Fixed assets | 21/28 | €1,634 | €658 | -€976 | -59.7% |
| Tangible fixed assets | 22/27 | €1,578 | €603 | -€976 | -61.8% |
| Plant, machinery and equipment | 23 | €1,578 | €603 | -€976 | -61.8% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €1,890,663 | €2,592,453 | +€701,790 | +37.1% |
| Amounts receivable within one year | 40/41 | €80,315 | €181,862 | +€101,547 | +126% |
| Trade receivables | 40 | €80,315 | €181,862 | +€101,547 | +126% |
| Current investments | 50/53 | €1,722,768 | €1,897,406 | +€174,638 | +10.1% |
| Cash at bank and in hand | 54/58 | €84,040 | €509,642 | +€425,602 | +506% |
| Deferred charges and accrued income | 490/1 | €3,541 | €3,542 | +€2 | 0.0% |
| Total equity and liabilities | 10/49 | €1,892,297 | €2,593,111 | +€700,814 | +37.0% |
| Equity | 10/15 | €1,800,582 | €2,481,586 | +€681,004 | +37.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €1,785,858 | €2,466,862 | +€681,004 | +38.1% |
| Distributable reserves | 133 | €1,785,858 | €2,466,862 | +€681,004 | +38.1% |
| Profit (loss) carried forward | 14 | €464 | €464 | = | 0.0% |
| Amounts payable | 17/49 | €91,715 | €111,525 | +€19,810 | +21.6% |
| Amounts payable within one year | 42/48 | €91,715 | €111,525 | +€19,810 | +21.6% |
| Trade debts | 44 | €11,725 | €9,815 | -€1,909 | -16.3% |
| Suppliers | 440/4 | €11,725 | €9,815 | -€1,909 | -16.3% |
| Taxes, remuneration and social security | 45 | €36,439 | €89,761 | +€53,322 | +146% |
| Taxes | 450/3 | €36,439 | €89,761 | +€53,322 | +146% |
| Other amounts payable | 47/48 | €43,551 | €11,949 | -€31,602 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,458 | €976 | -€483 | -33.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,815 | +€1,815 | |
| Other operating charges | 640/8 | €4,252 | €2,420 | -€1,833 | -43.1% |
| Gross operating margin | 9900 | €209,364 | €450,909 | +€241,545 | +115% |
| Operating profit (loss) | 9901 | €203,653 | €445,699 | +€242,045 | +119% |
| Financial income | 75/76B | €8,303 | €577,621 | +€569,319 | +6,857% |
| Recurring financial income | 75 | €8,303 | €577,621 | +€569,319 | +6,857% |
| Financial charges | 65/66B | €11,355 | €16,938 | +€5,583 | +49.2% |
| Recurring financial charges | 65 | €11,355 | €16,938 | +€5,583 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €200,601 | €1,006,382 | +€805,781 | +402% |
| Income taxes | 67/77 | €66,123 | €325,379 | +€259,255 | +392% |
| Profit (loss) for the period | 9904 | €134,478 | €681,004 | +€546,525 | +406% |
| Profit (loss) for the period to be appropriated | 9905 | €134,478 | €681,004 | +€546,525 | +406% |
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 21 October 2026 via checked.be.