JULIAM: 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.
JULIAM
Largest movements
- Receivables within one year +€21,306
up €21,306 (+79.4%), from €26,839 to €48,145
of which Trade receivables: +€27,500
- Other debts +€49,250
up €49,250 (+8.9%), from €551,418 to €600,669
- Debts after one year -€25,222
down €25,222 (-20.6%), from €122,701 to €97,480
- Financial charges +€25,552
up €25,552 (+1059.1%), from €2,413 to €27,965
- Gross operating margin +€4,479
up €4,479 (+27.3%), from €16,428 to €20,908
- Taxes -€3,882
down €3,882 (-97.9%), from €3,966 to €84
- Other operating charges -€533
down €533 (-72.1%), from €739 to €206
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 | €866,449 | €880,716 | +€14,267 | +1.6% |
| Fixed assets | 21/28 | €823,571 | €823,241 | -€330 | 0.0% |
| Tangible fixed assets | 22/27 | €1,071 | €741 | -€330 | -30.8% |
| Other tangible fixed assets | 26 | €1,071 | €741 | -€330 | -30.8% |
| Financial fixed assets | 28 | €822,500 | €822,500 | = | 0.0% |
| Current assets | 29/58 | €42,878 | €57,475 | +€14,597 | +34.0% |
| Amounts receivable within one year | 40/41 | €26,839 | €48,145 | +€21,306 | +79.4% |
| Trade receivables | 40 | €16,500 | €44,000 | +€27,500 | +166.7% |
| Other amounts receivable | 41 | €10,339 | €4,145 | -€6,194 | -59.9% |
| Cash at bank and in hand | 54/58 | €16,039 | €9,330 | -€6,709 | -41.8% |
| Total equity and liabilities | 10/49 | €866,449 | €880,716 | +€14,267 | +1.6% |
| Equity | 10/15 | €163,015 | €155,339 | -€7,676 | -4.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10,755 | €10,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €8,900 | €8,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,710 | €126,034 | -€7,676 | -5.7% |
| Amounts payable | 17/49 | €703,434 | €725,377 | +€21,944 | +3.1% |
| Amounts payable after more than one year | 17 | €122,701 | €97,480 | -€25,222 | -20.6% |
| Financial debts | 170/4 | €122,701 | €97,480 | -€25,222 | -20.6% |
| Amounts payable within one year | 42/48 | €578,732 | €625,898 | +€47,165 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €24,904 | €25,222 | +€317 | +1.3% |
| Trade debts | 44 | €2,409 | €7 | -€2,402 | -99.7% |
| Suppliers | 440/4 | €2,409 | €7 | -€2,402 | -99.7% |
| Other amounts payable | 47/48 | €551,418 | €600,669 | +€49,250 | +8.9% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €330 | = | 0.0% |
| Other operating charges | 640/8 | €739 | €206 | -€533 | -72.1% |
| Gross operating margin | 9900 | €16,428 | €20,908 | +€4,479 | +27.3% |
| Operating profit (loss) | 9901 | €15,360 | €20,372 | +€5,012 | +32.6% |
| Financial charges | 65/66B | €2,413 | €27,965 | +€25,552 | +1059.1% |
| Recurring financial charges | 65 | €2,413 | €27,965 | +€25,552 | +1059.1% |
| Profit (loss) for the period before taxes | 9903 | €12,948 | -€7,593 | -€20,540 | |
| Income taxes | 67/77 | €3,966 | €84 | -€3,882 | -97.9% |
| Profit (loss) for the period | 9904 | €8,982 | -€7,676 | -€16,658 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,982 | -€7,676 | -€16,658 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.