JULIUS CANDRIES: 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.
JULIUS CANDRIES
Largest movements
- Cash +€11,585
up €11,585 (+41.7%), from €27,800 to €39,385
mainly Net result for the year (+€6,296) and Trade debts (+€2,580)
- Receivables within one year -€1,875
down €1,875 (-16.5%), from €11,384 to €9,509
- Tangible fixed assets +€1,084
new in 2025: €1,084
- Deferred charges and accrued income -€1,041
down €1,041 (-83.4%), from €1,247 to €207
- Reserves +€6,296
up €6,296 (+90.3%), from €6,969 to €13,266
of which Distributable reserves: +€6,296
- Trade debts +€2,580
up €2,580 (+136%), from €1,901 to €4,480
- Other debts +€2,234
up €2,234 (+20.5%), from €10,880 to €13,115
- Tax, wage and social debts -€1,336
down €1,336 (-64.6%), from €2,068 to €732
- Gross operating margin +€3,650
up €3,650 (+85.5%), from €4,269 to €7,918
- Other operating charges -€198
down €198 (-12.9%), from €1,538 to €1,339
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 | €40,431 | €50,185 | +€9,754 | +24.1% |
| Fixed assets | 21/28 | - | €1,084 | +€1,084 | |
| Tangible fixed assets | 22/27 | - | €1,084 | +€1,084 | |
| Plant, machinery and equipment | 23 | - | €1,084 | +€1,084 | |
| Current assets | 29/58 | €40,431 | €49,101 | +€8,669 | +21.4% |
| Amounts receivable within one year | 40/41 | €11,384 | €9,509 | -€1,875 | -16.5% |
| Trade receivables | 40 | €11,384 | €9,509 | -€1,875 | -16.5% |
| Cash at bank and in hand | 54/58 | €27,800 | €39,385 | +€11,585 | +41.7% |
| Deferred charges and accrued income | 490/1 | €1,247 | €207 | -€1,041 | -83.4% |
| Total equity and liabilities | 10/49 | €40,431 | €50,185 | +€9,754 | +24.1% |
| Equity | 10/15 | €25,561 | €31,858 | +€6,296 | +24.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,969 | €13,266 | +€6,296 | +90.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €5,110 | €11,407 | +€6,296 | +123% |
| Amounts payable | 17/49 | €14,870 | €18,327 | +€3,457 | +23.2% |
| Amounts payable within one year | 42/48 | €14,849 | €18,327 | +€3,478 | +23.4% |
| Trade debts | 44 | €1,901 | €4,480 | +€2,580 | +136% |
| Suppliers | 440/4 | €1,901 | €4,480 | +€2,580 | +136% |
| Taxes, remuneration and social security | 45 | €2,068 | €732 | -€1,336 | -64.6% |
| Taxes | 450/3 | €2,068 | €732 | -€1,336 | -64.6% |
| Other amounts payable | 47/48 | €10,880 | €13,115 | +€2,234 | +20.5% |
| Accrued charges and deferred income | 492/3 | €21 | - | -€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €72 | +€72 | |
| Other operating charges | 640/8 | €1,538 | €1,339 | -€198 | -12.9% |
| Gross operating margin | 9900 | €4,269 | €7,918 | +€3,650 | +85.5% |
| Operating profit (loss) | 9901 | €2,731 | €6,508 | +€3,776 | +138% |
| Financial income | 75/76B | €28 | €0 | -€28 | -99.3% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -99.3% |
| Financial charges | 65/66B | €78 | €70 | -€8 | -10.2% |
| Recurring financial charges | 65 | €78 | €70 | -€8 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €2,681 | €6,437 | +€3,757 | +140% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €2,541 | €6,296 | +€3,755 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €2,541 | €6,296 | +€3,755 | +148% |
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 13 October 2026 via checked.be.