JULIENNE: 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.
JULIENNE
Largest movements
- Cash -€8,097
down €8,097 (-8.5%), from €95,440 to €87,343
mainly Net result for the year (-€17,628) and Investment in fixed assets (net) (-€3,927)
- Receivables within one year -€7,270
down €7,270 (-25.0%), from €29,091 to €21,821
of which Trade receivables: -€7,814
- Stocks and contracts +€1,741
up €1,741 (+7.3%), from €23,713 to €25,454
- Profit (loss) carried forward -€17,628
down €17,628 (-72.1%), from €24,455 to €6,827
- Trade debts +€3,595
up €3,595 (+18.9%), from €19,045 to €22,640
- Staff costs +€9,004
up €9,004 (+2.8%), from €319,875 to €328,879
- Gross operating margin +€4,183
up €4,183 (+1.3%), from €323,049 to €327,232
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 | €170,735 | €155,773 | -€14,962 | -8.8% |
| Fixed assets | 21/28 | €22,271 | €21,155 | -€1,116 | -5.0% |
| Tangible fixed assets | 22/27 | €10,833 | €9,717 | -€1,116 | -10.3% |
| Plant, machinery and equipment | 23 | €10,833 | €9,717 | -€1,116 | -10.3% |
| Financial fixed assets | 28 | €11,438 | €11,438 | = | 0.0% |
| Current assets | 29/58 | €148,464 | €134,618 | -€13,846 | -9.3% |
| Stocks and contracts in progress | 3 | €23,713 | €25,454 | +€1,741 | +7.3% |
| Stocks | 30/36 | €23,713 | €25,454 | +€1,741 | +7.3% |
| Amounts receivable within one year | 40/41 | €29,091 | €21,821 | -€7,270 | -25.0% |
| Trade receivables | 40 | €23,515 | €15,701 | -€7,814 | -33.2% |
| Other amounts receivable | 41 | €5,576 | €6,120 | +€544 | +9.8% |
| Cash at bank and in hand | 54/58 | €95,440 | €87,343 | -€8,097 | -8.5% |
| Deferred charges and accrued income | 490/1 | €220 | - | -€220 | |
| Total equity and liabilities | 10/49 | €170,735 | €155,773 | -€14,962 | -8.8% |
| Equity | 10/15 | €102,109 | €84,481 | -€17,628 | -17.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €59,062 | €59,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,062 | €5,062 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €3,203 | €3,203 | = | 0.0% |
| Distributable reserves | 133 | €54,000 | €54,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,455 | €6,827 | -€17,628 | -72.1% |
| Amounts payable | 17/49 | €68,626 | €71,292 | +€2,666 | +3.9% |
| Amounts payable within one year | 42/48 | €68,626 | €71,292 | +€2,666 | +3.9% |
| Trade debts | 44 | €19,045 | €22,640 | +€3,595 | +18.9% |
| Suppliers | 440/4 | €19,045 | €22,640 | +€3,595 | +18.9% |
| Taxes, remuneration and social security | 45 | €49,581 | €48,652 | -€929 | -1.9% |
| Taxes | 450/3 | €15,937 | €14,858 | -€1,079 | -6.8% |
| Remuneration and social security | 454/9 | €33,644 | €33,794 | +€150 | +0.4% |
| Remuneration, social security and pensions | 62 | €319,875 | €328,879 | +€9,004 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,334 | €5,043 | +€709 | +16.4% |
| Other operating charges | 640/8 | €7,729 | €5,744 | -€1,985 | -25.7% |
| Gross operating margin | 9900 | €323,049 | €327,232 | +€4,183 | +1.3% |
| Operating profit (loss) | 9901 | -€8,889 | -€12,434 | -€3,545 | -39.9% |
| Financial income | 75/76B | €25 | €28 | +€3 | +12.0% |
| Recurring financial income | 75 | €25 | €28 | +€3 | +12.0% |
| Financial charges | 65/66B | €4,813 | €4,787 | -€26 | -0.5% |
| Recurring financial charges | 65 | €4,813 | €4,787 | -€26 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,677 | -€17,193 | -€3,516 | -25.7% |
| Income taxes | 67/77 | €442 | €435 | -€7 | -1.6% |
| Profit (loss) for the period | 9904 | -€14,119 | -€17,628 | -€3,509 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,119 | -€17,628 | -€3,509 | -24.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.