JULIRO: 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.
JULIRO
Largest movements
- Intangible fixed assets +€49,050
up €49,050 (+174%), from €28,245 to €77,295
- Cash -€44,430
down €44,430 (-77.0%), from €57,672 to €13,242
mainly Contributions, distributions and other (-€86,042) and Investment in fixed assets (net) (-€49,050)
- Tangible fixed assets -€11,480
down €11,480 (-7.4%), from €155,664 to €144,184
of which Furniture and vehicles: -€11,480
- Receivables within one year +€7,357
new in 2025: €7,357
- Other debts +€62,092
up €62,092 (+146%), from €42,500 to €104,592
- Profit (loss) carried forward -€39,803
no longer reported in 2025 (was €39,803)
- Debts after one year -€14,224
down €14,224 (-11.8%), from €120,225 to €106,001
- Tax, wage and social debts -€6,067
down €6,067 (-28.2%), from €21,513 to €15,446
- Gross operating margin -€8,550
down €8,550 (-10.2%), from €83,617 to €75,067
- Taxes -€1,665
down €1,665 (-11.7%), from €14,205 to €12,540
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 | €244,562 | €245,172 | +€609 | +0.2% |
| Fixed assets | 21/28 | €183,908 | €221,479 | +€37,571 | +20.4% |
| Intangible fixed assets | 21 | €28,245 | €77,295 | +€49,050 | +174% |
| Tangible fixed assets | 22/27 | €155,664 | €144,184 | -€11,480 | -7.4% |
| Land and buildings | 22 | €135,000 | €135,000 | = | 0.0% |
| Furniture and vehicles | 24 | €20,664 | €9,184 | -€11,480 | -55.6% |
| Current assets | 29/58 | €60,654 | €23,693 | -€36,961 | -60.9% |
| Amounts receivable within one year | 40/41 | - | €7,357 | +€7,357 | |
| Trade receivables | 40 | - | €7,357 | +€7,357 | |
| Cash at bank and in hand | 54/58 | €57,672 | €13,242 | -€44,430 | -77.0% |
| Deferred charges and accrued income | 490/1 | €2,983 | €3,094 | +€111 | +3.7% |
| Total equity and liabilities | 10/49 | €244,562 | €245,172 | +€609 | +0.2% |
| Equity | 10/15 | €39,903 | €100 | -€39,803 | -99.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,803 | - | -€39,803 | |
| Amounts payable | 17/49 | €204,659 | €245,072 | +€40,413 | +19.7% |
| Amounts payable after more than one year | 17 | €120,225 | €106,001 | -€14,224 | -11.8% |
| Financial debts | 170/4 | €120,225 | €106,001 | -€14,224 | -11.8% |
| Amounts payable within one year | 42/48 | €84,433 | €139,071 | +€54,637 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €16,626 | €14,933 | -€1,694 | -10.2% |
| Trade debts | 44 | €3,794 | €4,099 | +€306 | +8.1% |
| Suppliers | 440/4 | €3,794 | €4,099 | +€306 | +8.1% |
| Taxes, remuneration and social security | 45 | €21,513 | €15,446 | -€6,067 | -28.2% |
| Taxes | 450/3 | €21,513 | €15,446 | -€6,067 | -28.2% |
| Other amounts payable | 47/48 | €42,500 | €104,592 | +€62,092 | +146% |
| Non-recurring operating income | 76A | €89 | - | -€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,468 | €11,480 | +€12 | +0.1% |
| Other operating charges | 640/8 | €343 | €353 | +€10 | +3.0% |
| Gross operating margin | 9900 | €83,617 | €75,067 | -€8,550 | -10.2% |
| Operating profit (loss) | 9901 | €71,806 | €63,233 | -€8,572 | -11.9% |
| Financial charges | 65/66B | €4,752 | €4,455 | -€297 | -6.2% |
| Recurring financial charges | 65 | €4,752 | €4,455 | -€297 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €67,054 | €58,779 | -€8,276 | -12.3% |
| Income taxes | 67/77 | €14,205 | €12,540 | -€1,665 | -11.7% |
| Profit (loss) for the period | 9904 | €52,849 | €46,239 | -€6,610 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,849 | €46,239 | -€6,610 | -12.5% |
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 16 October 2026 via checked.be.