Julius: 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.
Julius
Largest movements
- Receivables within one year -€43,924
down €43,924 (-69.9%), from €62,831 to €18,907
of which Trade receivables: -€43,873
- Cash -€11,141
down €11,141 (-27.9%), from €39,929 to €28,788
mainly Other debts (-€39,663) and Trade debts (-€9,879)
- Tangible fixed assets -€10,721
down €10,721 (-11.6%), from €92,039 to €81,318
of which Land and buildings: -€8,091
- Other debts -€39,663
down €39,663 (-86.4%), from €45,922 to €6,259
- Reserves -€25,636
down €25,636 (-30.0%), from €85,315 to €59,679
- Profit (loss) carried forward +€21,876
no longer reported in 2025 (was -€21,876)
- Trade debts -€9,879
down €9,879 (-56.3%), from €17,532 to €7,653
- Debts after one year -€8,451
down €8,451 (-24.2%), from €34,942 to €26,491
- Gross operating margin +€21,850
up €21,850 (+209.1%), from €10,447 to €32,298
- Staff costs -€6,551
down €6,551 (-39.8%), from €16,479 to €9,928
- Depreciation +€5,448
up €5,448 (+43.9%), from €12,401 to €17,849
- Financial income -€4,810
down €4,810 (-93.7%), from €5,136 to €326
- Other operating charges +€797
up €797 (+45.6%), from €1,747 to €2,543
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 | €197,517 | €131,042 | -€66,475 | -33.7% |
| Fixed assets | 21/28 | €92,039 | €81,318 | -€10,721 | -11.6% |
| Tangible fixed assets | 22/27 | €92,039 | €81,318 | -€10,721 | -11.6% |
| Land and buildings | 22 | €48,344 | €40,253 | -€8,091 | -16.7% |
| Plant, machinery and equipment | 23 | €3,899 | €2,725 | -€1,174 | -30.1% |
| Furniture and vehicles | 24 | €2,842 | €3,403 | +€561 | +19.8% |
| Other tangible fixed assets | 26 | €36,955 | €34,938 | -€2,017 | -5.5% |
| Current assets | 29/58 | €105,478 | €49,724 | -€55,754 | -52.9% |
| Amounts receivable within one year | 40/41 | €62,831 | €18,907 | -€43,924 | -69.9% |
| Trade receivables | 40 | €52,756 | €8,882 | -€43,873 | -83.2% |
| Other amounts receivable | 41 | €10,076 | €10,025 | -€51 | -0.5% |
| Cash at bank and in hand | 54/58 | €39,929 | €28,788 | -€11,141 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,717 | €2,029 | -€689 | -25.3% |
| Total equity and liabilities | 10/49 | €197,517 | €131,042 | -€66,475 | -33.7% |
| Equity | 10/15 | €76,819 | €73,060 | -€3,759 | -4.9% |
| Contributions | 10/11 | €13,380 | €13,380 | = | 0.0% |
| Reserves | 13 | €85,315 | €59,679 | -€25,636 | -30.0% |
| Distributable reserves | 133 | €85,315 | €59,679 | -€25,636 | -30.0% |
| Profit (loss) carried forward | 14 | -€21,876 | - | +€21,876 | |
| Amounts payable | 17/49 | €120,698 | €57,982 | -€62,716 | -52.0% |
| Amounts payable after more than one year | 17 | €34,942 | €26,491 | -€8,451 | -24.2% |
| Financial debts | 170/4 | €34,942 | €26,491 | -€8,451 | -24.2% |
| Amounts payable within one year | 42/48 | €83,928 | €30,161 | -€53,766 | -64.1% |
| Current portion of amounts payable after more than one year | 42 | €8,268 | €8,451 | +€183 | +2.2% |
| Financial debts | 43 | €1,239 | - | -€1,239 | |
| Credit institutions | 430/8 | €1,239 | - | -€1,239 | |
| Trade debts | 44 | €17,532 | €7,653 | -€9,879 | -56.3% |
| Suppliers | 440/4 | €17,532 | €7,653 | -€9,879 | -56.3% |
| Taxes, remuneration and social security | 45 | €10,967 | €7,799 | -€3,168 | -28.9% |
| Taxes | 450/3 | €8,303 | €7,799 | -€504 | -6.1% |
| Remuneration and social security | 454/9 | €2,664 | - | -€2,664 | |
| Other amounts payable | 47/48 | €45,922 | €6,259 | -€39,663 | -86.4% |
| Accrued charges and deferred income | 492/3 | €1,829 | €1,330 | -€499 | -27.3% |
| Remuneration, social security and pensions | 62 | €16,479 | €9,928 | -€6,551 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,401 | €17,849 | +€5,448 | +43.9% |
| Other operating charges | 640/8 | €1,747 | €2,543 | +€797 | +45.6% |
| Gross operating margin | 9900 | €10,447 | €32,298 | +€21,850 | +209.1% |
| Operating profit (loss) | 9901 | -€20,180 | €1,976 | +€22,156 | |
| Financial income | 75/76B | €5,136 | €326 | -€4,810 | -93.7% |
| Recurring financial income | 75 | €5,136 | €326 | -€4,810 | -93.7% |
| Financial charges | 65/66B | €6,551 | €5,806 | -€744 | -11.4% |
| Recurring financial charges | 65 | €6,551 | €5,806 | -€744 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,595 | -€3,504 | +€18,091 | +83.8% |
| Income taxes | 67/77 | €282 | €255 | -€27 | -9.5% |
| Profit (loss) for the period | 9904 | -€21,876 | -€3,759 | +€18,117 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,876 | -€3,759 | +€18,117 | +82.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.