JULICE: 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.
JULICE
Largest movements
- Cash +€444,908
up €444,908 (+80.9%), from €549,829 to €994,737
mainly Receivables within one year (+€385,902) and Net result for the year (+€197,882)
- Receivables within one year -€385,902
down €385,902 (-53.2%), from €725,079 to €339,177
of which Trade receivables: -€463,852
- Tangible fixed assets -€55,725
down €55,725 (-9.2%), from €608,633 to €552,908
- Tax, wage and social debts -€154,209
down €154,209 (-86.3%), from €178,748 to €24,539
- Reserves +€112,216
up €112,216 (+8.9%), from €1.3m to €1.4m
- Other debts +€84,500
up €84,500 (+7247.0%), from €1,166 to €85,666
- Trade debts +€67,246
up €67,246 (+347.0%), from €19,377 to €86,623
- Debts after one year -€63,017
down €63,017 (-22.0%), from €286,243 to €223,226
of which Financial debts: -€62,717
- Gross operating margin -€157,786
down €157,786 (-29.2%), from €540,434 to €382,648
- Taxes -€49,129
down €49,129 (-35.5%), from €138,331 to €89,202
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 | €1,898,093 | €1,891,022 | -€7,071 | -0.4% |
| Fixed assets | 21/28 | €608,633 | €552,908 | -€55,725 | -9.2% |
| Tangible fixed assets | 22/27 | €608,633 | €552,908 | -€55,725 | -9.2% |
| Land and buildings | 22 | €301,390 | €280,036 | -€21,354 | -7.1% |
| Plant, machinery and equipment | 23 | €209,455 | €184,699 | -€24,756 | -11.8% |
| Furniture and vehicles | 24 | €97,788 | €88,172 | -€9,616 | -9.8% |
| Current assets | 29/58 | €1,289,460 | €1,338,114 | +€48,654 | +3.8% |
| Amounts receivable within one year | 40/41 | €725,079 | €339,177 | -€385,902 | -53.2% |
| Trade receivables | 40 | €656,721 | €192,869 | -€463,852 | -70.6% |
| Other amounts receivable | 41 | €68,358 | €146,308 | +€77,950 | +114.0% |
| Cash at bank and in hand | 54/58 | €549,829 | €994,737 | +€444,908 | +80.9% |
| Deferred charges and accrued income | 490/1 | €14,552 | €4,200 | -€10,352 | -71.1% |
| Total equity and liabilities | 10/49 | €1,898,093 | €1,891,022 | -€7,071 | -0.4% |
| Equity | 10/15 | €1,268,480 | €1,380,696 | +€112,216 | +8.8% |
| Reserves | 13 | €1,262,000 | €1,374,216 | +€112,216 | +8.9% |
| Distributable reserves | 133 | €1,262,000 | €1,374,216 | +€112,216 | +8.9% |
| Profit (loss) carried forward | 14 | €6,480 | €6,480 | -€0 | 0.0% |
| Amounts payable | 17/49 | €629,613 | €510,326 | -€119,287 | -18.9% |
| Amounts payable after more than one year | 17 | €286,243 | €223,226 | -€63,017 | -22.0% |
| Financial debts | 170/4 | €282,943 | €220,226 | -€62,717 | -22.2% |
| Other amounts payable | 178/9 | €3,300 | €3,000 | -€300 | -9.1% |
| Amounts payable within one year | 42/48 | €337,670 | €282,600 | -€55,070 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €138,022 | €85,388 | -€52,634 | -38.1% |
| Financial debts | 43 | €357 | €384 | +€27 | +7.5% |
| Credit institutions | 430/8 | €357 | €384 | +€27 | +7.5% |
| Trade debts | 44 | €19,377 | €86,623 | +€67,246 | +347.0% |
| Suppliers | 440/4 | €19,377 | €86,623 | +€67,246 | +347.0% |
| Taxes, remuneration and social security | 45 | €178,748 | €24,539 | -€154,209 | -86.3% |
| Taxes | 450/3 | €178,748 | €24,539 | -€154,209 | -86.3% |
| Other amounts payable | 47/48 | €1,166 | €85,666 | +€84,500 | +7247.0% |
| Accrued charges and deferred income | 492/3 | €5,700 | €4,500 | -€1,200 | -21.1% |
| Non-recurring operating income | 76A | €14,730 | €0 | -€14,730 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,324 | €73,930 | +€1,606 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€696 | -€696 | |
| Other operating charges | 640/8 | €4,943 | €6,150 | +€1,207 | +24.4% |
| Non-recurring operating charges | 66A | - | €4,230 | +€4,230 | |
| Gross operating margin | 9900 | €540,434 | €382,648 | -€157,786 | -29.2% |
| Operating profit (loss) | 9901 | €463,167 | €299,034 | -€164,133 | -35.4% |
| Financial income | 75/76B | €1,469 | €2,013 | +€544 | +37.0% |
| Recurring financial income | 75 | €1,469 | €2,013 | +€544 | +37.0% |
| Financial charges | 65/66B | €17,538 | €13,963 | -€3,575 | -20.4% |
| Recurring financial charges | 65 | €17,538 | €13,963 | -€3,575 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €447,098 | €287,084 | -€160,014 | -35.8% |
| Income taxes | 67/77 | €138,331 | €89,202 | -€49,129 | -35.5% |
| Profit (loss) for the period | 9904 | €308,767 | €197,882 | -€110,885 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €308,767 | €197,882 | -€110,885 | -35.9% |
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 28 September 2026 via checked.be.