JULIMAX: 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.
JULIMAX
Largest movements
- Stocks and contracts -€27,203
down €27,203 (-11.0%), from €246,412 to €219,210
- Receivables within one year +€3,874
new in 2025: €3,874
- Cash +€2,863
up €2,863 (+12.2%), from €23,372 to €26,234
mainly Stocks and contracts (+€27,203) and Depreciation (+€4,211)
- Other debts -€14,800
down €14,800 (-11.0%), from €134,642 to €119,842
- Profit (loss) carried forward -€4,217
down €4,217, from €2,081 to -€2,136
- Gross operating margin -€6,492
down €6,492 (-76.0%), from €8,545 to €2,053
- Financial income +€2,175
up €2,175 (+287%), from €758 to €2,933
- Other operating charges +€2,082
up €2,082 (+1,764%), from €118 to €2,200
- Staff costs -€1,101
no longer reported in 2025 (was €1,101)
- Taxes -€300
no longer reported in 2025 (was €300)
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 | €285,007 | €261,917 | -€23,090 | -8.1% |
| Fixed assets | 21/28 | €15,223 | €12,599 | -€2,624 | -17.2% |
| Intangible fixed assets | 21 | €1,500 | €1,000 | -€500 | -33.3% |
| Tangible fixed assets | 22/27 | €13,723 | €11,599 | -€2,124 | -15.5% |
| Land and buildings | 22 | €13,456 | €10,171 | -€3,285 | -24.4% |
| Plant, machinery and equipment | 23 | €267 | - | -€267 | |
| Furniture and vehicles | 24 | - | €1,428 | +€1,428 | |
| Current assets | 29/58 | €269,784 | €249,318 | -€20,466 | -7.6% |
| Stocks and contracts in progress | 3 | €246,412 | €219,210 | -€27,203 | -11.0% |
| Stocks | 30/36 | €246,412 | €219,210 | -€27,203 | -11.0% |
| Amounts receivable within one year | 40/41 | - | €3,874 | +€3,874 | |
| Trade receivables | 40 | - | €3,874 | +€3,874 | |
| Cash at bank and in hand | 54/58 | €23,372 | €26,234 | +€2,863 | +12.2% |
| Total equity and liabilities | 10/49 | €285,007 | €261,917 | -€23,090 | -8.1% |
| Equity | 10/15 | €20,681 | €16,464 | -€4,217 | -20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,081 | -€2,136 | -€4,217 | |
| Amounts payable | 17/49 | €264,326 | €245,452 | -€18,873 | -7.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,309 | €142,268 | -€16,042 | -10.1% |
| Trade debts | 44 | €3,879 | €4,021 | +€142 | +3.7% |
| Suppliers | 440/4 | €3,879 | €4,021 | +€142 | +3.7% |
| Taxes, remuneration and social security | 45 | €19,788 | €18,404 | -€1,384 | -7.0% |
| Taxes | 450/3 | €19,190 | €18,404 | -€786 | -4.1% |
| Remuneration and social security | 454/9 | €598 | - | -€598 | |
| Other amounts payable | 47/48 | €134,642 | €119,842 | -€14,800 | -11.0% |
| Accrued charges and deferred income | 492/3 | €6,016 | €3,185 | -€2,832 | -47.1% |
| Remuneration, social security and pensions | 62 | €1,101 | - | -€1,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,214 | €4,211 | -€3 | -0.1% |
| Other operating charges | 640/8 | €118 | €2,200 | +€2,082 | +1,764% |
| Gross operating margin | 9900 | €8,545 | €2,053 | -€6,492 | -76.0% |
| Operating profit (loss) | 9901 | €3,112 | -€4,357 | -€7,469 | |
| Financial income | 75/76B | €758 | €2,933 | +€2,175 | +287% |
| Recurring financial income | 75 | €758 | €2,933 | +€2,175 | +287% |
| Financial charges | 65/66B | €2,540 | €2,793 | +€253 | +10.0% |
| Recurring financial charges | 65 | €2,540 | €2,793 | +€253 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €1,330 | -€4,217 | -€5,547 | |
| Income taxes | 67/77 | €300 | - | -€300 | |
| Profit (loss) for the period | 9904 | €1,030 | -€4,217 | -€5,247 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,030 | -€4,217 | -€5,247 |
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 15 October 2026 via checked.be.