JULICO: 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.
JULICO
Largest movements
- Tangible fixed assets -€38,000
down €38,000 (-2.4%), from €1.6m to €1.6m
- Debts after one year -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Current portion of long-term debt +€917,630
up €917,630 (+950.0%), from €96,593 to €1.0m
- Other debts +€48,562
up €48,562 (+11.2%), from €435,093 to €483,655
- Profit (loss) carried forward -€18,369
down €18,369 (-68.1%), from €26,969 to €8,601
- Gross operating margin -€200,646
down €200,646 (-66.2%), from €302,863 to €102,216
- Depreciation +€38,000
up €38,000, from €0 to €38,000
- Write-downs -€32,350
down €32,350 (-100.0%), from €32,350 to €0
- Taxes -€10,000
down €10,000, from €5,000 to -€5,000
- Financial charges -€5,361
down €5,361 (-8.6%), from €62,075 to €56,714
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,695,209 | €1,645,834 | -€49,374 | -2.9% |
| Fixed assets | 21/28 | €1,605,000 | €1,567,000 | -€38,000 | -2.4% |
| Tangible fixed assets | 22/27 | €1,605,000 | €1,567,000 | -€38,000 | -2.4% |
| Land and buildings | 22 | €1,605,000 | €1,567,000 | -€38,000 | -2.4% |
| Current assets | 29/58 | €90,209 | €78,834 | -€11,374 | -12.6% |
| Amounts receivable within one year | 40/41 | €2,119 | €5,433 | +€3,314 | +156.3% |
| Trade receivables | 40 | €2,119 | €5,433 | +€3,314 | +156.3% |
| Cash at bank and in hand | 54/58 | €88,089 | €73,401 | -€14,688 | -16.7% |
| Total equity and liabilities | 10/49 | €1,695,209 | €1,645,834 | -€49,374 | -2.9% |
| Equity | 10/15 | €121,650 | €103,282 | -€18,369 | -15.1% |
| Contributions | 10/11 | €86,984 | €86,984 | = | 0.0% |
| Reserves | 13 | €7,697 | €7,697 | = | 0.0% |
| Distributable reserves | 133 | €7,697 | €7,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,969 | €8,601 | -€18,369 | -68.1% |
| Amounts payable | 17/49 | €1,573,558 | €1,542,553 | -€31,006 | -2.0% |
| Amounts payable after more than one year | 17 | €1,014,222 | €0 | -€1.0m | -100.0% |
| Financial debts | 170/4 | €1,014,222 | €0 | -€1.0m | -100.0% |
| Amounts payable within one year | 42/48 | €534,220 | €1,514,327 | +€980,106 | +183.5% |
| Current portion of amounts payable after more than one year | 42 | €96,593 | €1,014,222 | +€917,630 | +950.0% |
| Trade debts | 44 | €2,535 | €16,450 | +€13,915 | +549.0% |
| Suppliers | 440/4 | €2,535 | €16,450 | +€13,915 | +549.0% |
| Other amounts payable | 47/48 | €435,093 | €483,655 | +€48,562 | +11.2% |
| Accrued charges and deferred income | 492/3 | €25,116 | €28,226 | +€3,110 | +12.4% |
| Turnover | 70 | €122,476 | €125,217 | +€2,741 | +2.2% |
| Non-recurring operating income | 76A | €184,779 | €0 | -€184,779 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,061 | €54,524 | -€1,537 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €38,000 | +€38,000 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,350 | €0 | -€32,350 | -100.0% |
| Other operating charges | 640/8 | €29,820 | €30,871 | +€1,051 | +3.5% |
| Non-recurring operating charges | 66A | €146,649 | €0 | -€146,649 | -100.0% |
| Gross operating margin | 9900 | €302,863 | €102,216 | -€200,646 | -66.2% |
| Operating profit (loss) | 9901 | €94,044 | €33,345 | -€60,699 | -64.5% |
| Financial charges | 65/66B | €62,075 | €56,714 | -€5,361 | -8.6% |
| Recurring financial charges | 65 | €62,075 | €56,714 | -€5,361 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €31,969 | -€23,369 | -€55,338 | |
| Income taxes | 67/77 | €5,000 | -€5,000 | -€10,000 | |
| Profit (loss) for the period | 9904 | €26,969 | -€18,369 | -€45,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,969 | -€18,369 | -€45,338 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.