JULIETTAIR: 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.
JULIETTAIR
Largest movements
- Tangible fixed assets +€166,290
up €166,290 (+12.7%), from €1.3m to €1.5m
of which Land and buildings: +€170,037
- Current investments -€145,000
down €145,000 (-52.7%), from €275,000 to €130,000
- Receivables within one year +€51,243
up €51,243 (+62.5%), from €82,043 to €133,287
of which Other amounts receivable: +€31,544
- Financial fixed assets -€30,287
down €30,287 (-96.3%), from €31,436 to €1,149
- Other debts -€114,774
down €114,774 (-99.1%), from €115,775 to €1,001
- Profit (loss) carried forward +€66,156
up €66,156 (+65.4%), from -€101,224 to -€35,068
- Provisions +€35,000
new in 2025: €35,000
- Debts after one year +€29,081
up €29,081 (+3.6%), from €812,608 to €841,689
- Trade debts +€21,666
up €21,666 (+494%), from €4,383 to €26,048
- Turnover +€310,403
new in 2025: €310,403
- Purchases and services +€92,962
new in 2025: €92,962
- Gross operating margin +€35,835
up €35,835 (+17.4%), from €205,514 to €241,350
- Provisions +€35,000
new in 2025: €35,000
- Financial charges +€15,099
up €15,099 (+93.7%), from €16,112 to €31,211
of which Non-recurring financial charges: +€13,501
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.
Derived cash bridge
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 | €1,703,820 | €1,750,985 | +€47,165 | +2.8% |
| Fixed assets | 21/28 | €1,336,268 | €1,472,271 | +€136,003 | +10.2% |
| Tangible fixed assets | 22/27 | €1,304,832 | €1,471,122 | +€166,290 | +12.7% |
| Land and buildings | 22 | €1,282,391 | €1,452,429 | +€170,037 | +13.3% |
| Plant, machinery and equipment | 23 | €294 | €158 | -€137 | -46.4% |
| Furniture and vehicles | 24 | €22,146 | €18,535 | -€3,611 | -16.3% |
| Financial fixed assets | 28 | €31,436 | €1,149 | -€30,287 | -96.3% |
| Current assets | 29/58 | €367,552 | €278,714 | -€88,837 | -24.2% |
| Amounts receivable within one year | 40/41 | €82,043 | €133,287 | +€51,243 | +62.5% |
| Trade receivables | 40 | €9,372 | €29,071 | +€19,700 | +210% |
| Other amounts receivable | 41 | €72,671 | €104,215 | +€31,544 | +43.4% |
| Current investments | 50/53 | €275,000 | €130,000 | -€145,000 | -52.7% |
| Cash at bank and in hand | 54/58 | €7,950 | €12,305 | +€4,355 | +54.8% |
| Deferred charges and accrued income | 490/1 | €2,559 | €3,123 | +€564 | +22.1% |
| Total equity and liabilities | 10/49 | €1,703,820 | €1,750,985 | +€47,165 | +2.8% |
| Equity | 10/15 | €656,882 | €701,970 | +€45,087 | +6.9% |
| Contributions | 10/11 | €53,600 | €53,600 | = | 0.0% |
| Reserves | 13 | €704,506 | €683,437 | -€21,068 | -3.0% |
| Non-distributable reserves | 130/1 | €5,360 | €5,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,360 | €5,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €599,146 | €578,077 | -€21,068 | -3.5% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,224 | -€35,068 | +€66,156 | +65.4% |
| Provisions and deferred taxes | 16 | - | €35,000 | +€35,000 | |
| Provisions for liabilities and charges | 160/5 | - | €35,000 | +€35,000 | |
| Environmental obligations | 163 | - | €35,000 | +€35,000 | |
| Amounts payable | 17/49 | €1,046,938 | €1,014,016 | -€32,922 | -3.1% |
| Amounts payable after more than one year | 17 | €812,608 | €841,689 | +€29,081 | +3.6% |
| Financial debts | 170/4 | €812,608 | €841,689 | +€29,081 | +3.6% |
| Amounts payable within one year | 42/48 | €232,560 | €159,927 | -€72,633 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €69,996 | €71,919 | +€1,924 | +2.7% |
| Trade debts | 44 | €4,383 | €26,048 | +€21,666 | +494% |
| Suppliers | 440/4 | €4,383 | €26,048 | +€21,666 | +494% |
| Taxes, remuneration and social security | 45 | €42,407 | €60,958 | +€18,551 | +43.7% |
| Taxes | 450/3 | €42,407 | €60,958 | +€18,551 | +43.7% |
| Other amounts payable | 47/48 | €115,775 | €1,001 | -€114,774 | -99.1% |
| Accrued charges and deferred income | 492/3 | €1,770 | €12,400 | +€10,630 | +601% |
| Turnover | 70 | - | €310,403 | +€310,403 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €92,962 | +€92,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,987 | €88,963 | +€3,975 | +4.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €35,000 | +€35,000 | |
| Other operating charges | 640/8 | €29,512 | €18,185 | -€11,327 | -38.4% |
| Non-recurring operating charges | 66A | €20,226 | - | -€20,226 | |
| Gross operating margin | 9900 | €205,514 | €241,350 | +€35,835 | +17.4% |
| Operating profit (loss) | 9901 | €70,789 | €99,202 | +€28,413 | +40.1% |
| Financial income | 75/76B | €2,495 | €1,564 | -€932 | -37.3% |
| Recurring financial income | 75 | €2,495 | €1,564 | -€932 | -37.3% |
| Financial charges | 65/66B | €16,112 | €31,211 | +€15,099 | +93.7% |
| Recurring financial charges | 65 | €29,613 | €31,211 | +€1,598 | +5.4% |
| Non-recurring financial charges | 66B | -€13,501 | - | +€13,501 | |
| Profit (loss) for the period before taxes | 9903 | €57,173 | €69,555 | +€12,382 | +21.7% |
| Income taxes | 67/77 | €32,160 | €24,468 | -€7,692 | -23.9% |
| Profit (loss) for the period | 9904 | €25,013 | €45,087 | +€20,074 | +80.3% |
| Transfer from tax-exempt reserves | 789 | €21,068 | €21,068 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,081 | €66,156 | +€20,074 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.