JULLES: 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.
JULLES
Largest movements
- Receivables within one year -€39,059
down €39,059 (-92.1%), from €42,390 to €3,331
of which Trade receivables: -€39,855
- Tangible fixed assets +€25,935
up €25,935 (+4.3%), from €603,077 to €629,012
of which Furniture and vehicles: +€27,435
- Cash -€12,662
down €12,662 (-76.3%), from €16,586 to €3,924
mainly Tax, wage and social debts (-€61,175) and Investment in fixed assets (net) (-€51,617)
- Tax, wage and social debts -€61,175
down €61,175 (-95.9%), from €63,785 to €2,610
- Debts after one year +€59,242
up €59,242 (+88.9%), from €66,646 to €125,888
of which Other amounts payable: +€30,000
- Profit (loss) carried forward -€30,769
down €30,769 (-76.2%), from -€40,375 to -€71,144
- Gross operating margin +€18,030
up €18,030, from -€11,325 to €6,704
- Depreciation +€6,188
up €6,188 (+31.7%), from €19,494 to €25,682
- Financial charges +€2,554
up €2,554 (+37.7%), from €6,767 to €9,321
- Other operating charges -€338
down €338 (-14.6%), from €2,323 to €1,985
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 | €663,285 | €637,129 | -€26,156 | -3.9% |
| Fixed assets | 21/28 | €603,077 | €629,012 | +€25,935 | +4.3% |
| Tangible fixed assets | 22/27 | €603,077 | €629,012 | +€25,935 | +4.3% |
| Land and buildings | 22 | €570,000 | €570,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,605 | €1,105 | -€1,500 | -57.6% |
| Furniture and vehicles | 24 | €30,472 | €57,906 | +€27,435 | +90.0% |
| Current assets | 29/58 | €60,208 | €8,117 | -€52,091 | -86.5% |
| Amounts receivable within one year | 40/41 | €42,390 | €3,331 | -€39,059 | -92.1% |
| Trade receivables | 40 | €40,355 | €500 | -€39,855 | -98.8% |
| Other amounts receivable | 41 | €2,035 | €2,831 | +€796 | +39.1% |
| Cash at bank and in hand | 54/58 | €16,586 | €3,924 | -€12,662 | -76.3% |
| Deferred charges and accrued income | 490/1 | €1,233 | €862 | -€370 | -30.0% |
| Total equity and liabilities | 10/49 | €663,285 | €637,129 | -€26,156 | -3.9% |
| Equity | 10/15 | €514,975 | €484,207 | -€30,769 | -6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €442,350 | €442,350 | = | 0.0% |
| Distributable reserves | 133 | €442,350 | €442,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,375 | -€71,144 | -€30,769 | -76.2% |
| Amounts payable | 17/49 | €148,310 | €152,922 | +€4,612 | +3.1% |
| Amounts payable after more than one year | 17 | €66,646 | €125,888 | +€59,242 | +88.9% |
| Financial debts | 170/4 | €6,646 | €35,888 | +€29,242 | +440.0% |
| Other amounts payable | 178/9 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Amounts payable within one year | 42/48 | €81,664 | €27,034 | -€54,629 | -66.9% |
| Current portion of amounts payable after more than one year | 42 | €9,873 | €16,159 | +€6,287 | +63.7% |
| Trade debts | 44 | €1,001 | €564 | -€436 | -43.6% |
| Suppliers | 440/4 | €1,001 | €564 | -€436 | -43.6% |
| Taxes, remuneration and social security | 45 | €63,785 | €2,610 | -€61,175 | -95.9% |
| Taxes | 450/3 | €63,785 | €2,610 | -€61,175 | -95.9% |
| Other amounts payable | 47/48 | €7,005 | €7,701 | +€695 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,494 | €25,682 | +€6,188 | +31.7% |
| Other operating charges | 640/8 | €2,323 | €1,985 | -€338 | -14.6% |
| Gross operating margin | 9900 | -€11,325 | €6,704 | +€18,030 | |
| Operating profit (loss) | 9901 | -€33,142 | -€20,962 | +€12,180 | +36.8% |
| Financial charges | 65/66B | €6,767 | €9,321 | +€2,554 | +37.7% |
| Recurring financial charges | 65 | €6,767 | €9,321 | +€2,554 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,909 | -€30,283 | +€9,627 | +24.1% |
| Income taxes | 67/77 | €465 | €486 | +€20 | +4.4% |
| Profit (loss) for the period | 9904 | -€40,375 | -€30,769 | +€9,606 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,375 | -€30,769 | +€9,606 | +23.8% |
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 8 October 2026 via checked.be.