JULINOX: 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.
JULINOX
Largest movements
- Cash +€14,516
up €14,516 (+105.5%), from €13,758 to €28,274
mainly Net result for the year (+€21,218) and Depreciation (+€12,121)
- Tangible fixed assets -€10,212
down €10,212 (-6.1%), from €167,527 to €157,315
of which Land and buildings: -€9,392
- Stocks and contracts +€2,538
up €2,538 (+102.3%), from €2,481 to €5,019
- Receivables within one year +€2,311
up €2,311 (+181.6%), from €1,273 to €3,584
of which Other amounts receivable: +€2,130
- Profit (loss) carried forward +€21,218
up €21,218 (+138.7%), from €15,292 to €36,510
- Debts after one year -€13,146
down €13,146 (-13.1%), from €100,094 to €86,948
- Other debts +€2,183
up €2,183 (+11.6%), from €18,844 to €21,028
- Gross operating margin +€21,185
up €21,185 (+135.4%), from €15,641 to €36,826
- Other operating charges -€1,772
down €1,772 (-79.2%), from €2,238 to €465
- Financial charges +€1,253
up €1,253 (+70.9%), from €1,768 to €3,021
- Depreciation +€812
up €812 (+7.2%), from €11,309 to €12,121
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 | €186,365 | €196,197 | +€9,833 | +5.3% |
| Fixed assets | 21/28 | €167,527 | €157,315 | -€10,212 | -6.1% |
| Tangible fixed assets | 22/27 | €167,527 | €157,315 | -€10,212 | -6.1% |
| Land and buildings | 22 | €161,023 | €151,630 | -€9,392 | -5.8% |
| Plant, machinery and equipment | 23 | €3,623 | €4,090 | +€467 | +12.9% |
| Furniture and vehicles | 24 | €2,881 | €1,594 | -€1,287 | -44.7% |
| Current assets | 29/58 | €18,838 | €38,883 | +€20,045 | +106.4% |
| Stocks and contracts in progress | 3 | €2,481 | €5,019 | +€2,538 | +102.3% |
| Stocks | 30/36 | €2,481 | €5,019 | +€2,538 | +102.3% |
| Amounts receivable within one year | 40/41 | €1,273 | €3,584 | +€2,311 | +181.6% |
| Trade receivables | 40 | €0 | €181 | +€181 | |
| Other amounts receivable | 41 | €1,273 | €3,403 | +€2,130 | +167.4% |
| Cash at bank and in hand | 54/58 | €13,758 | €28,274 | +€14,516 | +105.5% |
| Deferred charges and accrued income | 490/1 | €1,326 | €2,006 | +€680 | +51.3% |
| Total equity and liabilities | 10/49 | €186,365 | €196,197 | +€9,833 | +5.3% |
| Equity | 10/15 | €51,352 | €72,570 | +€21,218 | +41.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,860 | €29,860 | = | 0.0% |
| Distributable reserves | 133 | €29,860 | €29,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,292 | €36,510 | +€21,218 | +138.7% |
| Amounts payable | 17/49 | €135,012 | €123,627 | -€11,385 | -8.4% |
| Amounts payable after more than one year | 17 | €100,094 | €86,948 | -€13,146 | -13.1% |
| Financial debts | 170/4 | €100,094 | €86,948 | -€13,146 | -13.1% |
| Amounts payable within one year | 42/48 | €34,918 | €36,608 | +€1,690 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €12,979 | €13,146 | +€167 | +1.3% |
| Trade debts | 44 | €1,595 | €672 | -€923 | -57.9% |
| Suppliers | 440/4 | €1,595 | €672 | -€923 | -57.9% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,763 | +€263 | +17.5% |
| Taxes | 450/3 | €171 | €426 | +€255 | +149.3% |
| Remuneration and social security | 454/9 | €1,329 | €1,336 | +€7 | +0.6% |
| Other amounts payable | 47/48 | €18,844 | €21,028 | +€2,183 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €72 | +€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,309 | €12,121 | +€812 | +7.2% |
| Other operating charges | 640/8 | €2,238 | €465 | -€1,772 | -79.2% |
| Gross operating margin | 9900 | €15,641 | €36,826 | +€21,185 | +135.4% |
| Operating profit (loss) | 9901 | €2,094 | €24,239 | +€22,145 | +1057.6% |
| Financial income | 75/76B | €40 | €0 | -€40 | -99.5% |
| Recurring financial income | 75 | €40 | €0 | -€40 | -99.5% |
| Financial charges | 65/66B | €1,768 | €3,021 | +€1,253 | +70.9% |
| Recurring financial charges | 65 | €1,768 | €3,021 | +€1,253 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | €367 | €21,218 | +€20,851 | +5686.8% |
| Income taxes | 67/77 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period | 9904 | €367 | €21,218 | +€20,851 | +5687.9% |
| Profit (loss) for the period to be appropriated | 9905 | €367 | €21,218 | +€20,851 | +5687.9% |
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 11 October 2026 via checked.be.