JULICE: 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.
JULICE
Largest movements
- Cash +€47,141
up €47,141 (+625.4%), from €7,538 to €54,678
mainly Net result for the year (+€28,558) and Depreciation (+€18,641)
- Receivables within one year +€6,144
up €6,144 (+20.7%), from €29,732 to €35,876
of which Trade receivables: +€4,256
- Tangible fixed assets +€3,739
up €3,739 (+2.8%), from €135,536 to €139,275
of which Other tangible fixed assets: +€14,865
- Reserves +€27,725
up €27,725 (+28.4%), from €97,519 to €125,244
- Other debts -€17,324
down €17,324 (-95.4%), from €18,157 to €833
- Current portion of long-term debt +€16,182
up €16,182 (+167.6%), from €9,654 to €25,836
- Debts after one year +€14,752
up €14,752 (+69.2%), from €21,307 to €36,059
- Trade debts +€10,829
up €10,829 (+7310.7%), from €148 to €10,977
- Gross operating margin +€44,643
up €44,643 (+211.5%), from €21,104 to €65,747
- Taxes +€10,829
up €10,829 (+1454.0%), from €745 to €11,573
- Depreciation +€8,890
up €8,890 (+91.2%), from €9,752 to €18,641
- Financial charges -€3,520
down €3,520 (-61.4%), from €5,731 to €2,211
of which Financial charges: -€3,520
- Other operating charges +€3,179
up €3,179 (+200.7%), from €1,584 to €4,763
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 | €172,841 | €229,947 | +€57,106 | +33.0% |
| Fixed assets | 21/28 | €135,536 | €139,275 | +€3,739 | +2.8% |
| Tangible fixed assets | 22/27 | €135,536 | €139,275 | +€3,739 | +2.8% |
| Land and buildings | 22 | €63,450 | €58,750 | -€4,700 | -7.4% |
| Plant, machinery and equipment | 23 | €877 | €15 | -€861 | -98.3% |
| Furniture and vehicles | 24 | €39,921 | €34,356 | -€5,565 | -13.9% |
| Other tangible fixed assets | 26 | €31,289 | €46,154 | +€14,865 | +47.5% |
| Current assets | 29/58 | €37,305 | €90,672 | +€53,367 | +143.1% |
| Amounts receivable within one year | 40/41 | €29,732 | €35,876 | +€6,144 | +20.7% |
| Trade receivables | 40 | €27,627 | €31,883 | +€4,256 | +15.4% |
| Other amounts receivable | 41 | €2,105 | €3,994 | +€1,888 | +89.7% |
| Cash at bank and in hand | 54/58 | €7,538 | €54,678 | +€47,141 | +625.4% |
| Deferred charges and accrued income | 490/1 | €35 | €118 | +€83 | +238.4% |
| Total equity and liabilities | 10/49 | €172,841 | €229,947 | +€57,106 | +33.0% |
| Equity | 10/15 | €117,519 | €145,244 | +€27,725 | +23.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €97,519 | €125,244 | +€27,725 | +28.4% |
| Distributable reserves | 133 | €97,519 | €125,244 | +€27,725 | +28.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,322 | €84,703 | +€29,381 | +53.1% |
| Amounts payable after more than one year | 17 | €21,307 | €36,059 | +€14,752 | +69.2% |
| Financial debts | 170/4 | €21,307 | €36,059 | +€14,752 | +69.2% |
| Amounts payable within one year | 42/48 | €31,508 | €47,191 | +€15,683 | +49.8% |
| Current portion of amounts payable after more than one year | 42 | €9,654 | €25,836 | +€16,182 | +167.6% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €148 | €10,977 | +€10,829 | +7310.7% |
| Suppliers | 440/4 | €148 | €10,977 | +€10,829 | +7310.7% |
| Taxes, remuneration and social security | 45 | €3,550 | €9,523 | +€5,973 | +168.3% |
| Taxes | 450/3 | €3,550 | €9,523 | +€5,973 | +168.3% |
| Other amounts payable | 47/48 | €18,157 | €833 | -€17,324 | -95.4% |
| Accrued charges and deferred income | 492/3 | €2,507 | €1,452 | -€1,054 | -42.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,752 | €18,641 | +€8,890 | +91.2% |
| Other operating charges | 640/8 | €1,584 | €4,763 | +€3,179 | +200.7% |
| Non-recurring operating charges | 66A | €4,417 | €0 | -€4,417 | -100.0% |
| Gross operating margin | 9900 | €21,104 | €65,747 | +€44,643 | +211.5% |
| Operating profit (loss) | 9901 | €5,352 | €42,343 | +€36,991 | +691.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €5,731 | €2,211 | -€3,520 | -61.4% |
| Recurring financial charges | 65 | €5,731 | €2,211 | -€3,520 | -61.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€379 | €40,132 | +€40,511 | |
| Income taxes | 67/77 | €745 | €11,573 | +€10,829 | +1454.0% |
| Profit (loss) for the period | 9904 | -€1,124 | €28,558 | +€29,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,124 | €28,558 | +€29,682 |
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 9 October 2026 via checked.be.