JULMARI: 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.
JULMARI
Largest movements
- Cash +€9,432
up €9,432 (+2458.4%), from €384 to €9,816
mainly Net result for the year (+€12,403) and Receivables within one year (+€8,281)
- Receivables within one year -€8,281
down €8,281 (-89.0%), from €9,309 to €1,028
of which Other amounts receivable: -€8,196
- Tangible fixed assets -€471
no longer reported in 2025 (was €471)
of which Furniture and vehicles: -€295
- Tax, wage and social debts -€10,252
down €10,252 (-90.1%), from €11,379 to €1,127
of which Taxes: -€7,840
- Profit (loss) carried forward +€8,644
no longer reported in 2025 (was -€8,644)
- Reserves +€3,759
up €3,759 (+751.8%), from €500 to €4,259
- Trade debts -€1,470
down €1,470 (-76.2%), from €1,928 to €458
- Gross operating margin -€3,941
down €3,941 (-22.8%), from €17,322 to €13,381
- Depreciation -€3,784
down €3,784 (-88.9%), from €4,255 to €471
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 | €10,163 | €10,844 | +€681 | +6.7% |
| Fixed assets | 21/28 | €471 | - | -€471 | |
| Tangible fixed assets | 22/27 | €471 | - | -€471 | |
| Plant, machinery and equipment | 23 | €175 | - | -€175 | |
| Furniture and vehicles | 24 | €295 | - | -€295 | |
| Current assets | 29/58 | €9,692 | €10,844 | +€1,152 | +11.9% |
| Amounts receivable within one year | 40/41 | €9,309 | €1,028 | -€8,281 | -89.0% |
| Trade receivables | 40 | €230 | €145 | -€85 | -36.9% |
| Other amounts receivable | 41 | €9,079 | €883 | -€8,196 | -90.3% |
| Cash at bank and in hand | 54/58 | €384 | €9,816 | +€9,432 | +2458.4% |
| Total equity and liabilities | 10/49 | €10,163 | €10,844 | +€681 | +6.7% |
| Equity | 10/15 | -€3,144 | €9,259 | +€12,403 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €4,259 | +€3,759 | +751.8% |
| Distributable reserves | 133 | €500 | €4,259 | +€3,759 | +751.8% |
| Profit (loss) carried forward | 14 | -€8,644 | - | +€8,644 | |
| Amounts payable | 17/49 | €13,307 | €1,585 | -€11,722 | -88.1% |
| Amounts payable within one year | 42/48 | €13,307 | €1,585 | -€11,722 | -88.1% |
| Trade debts | 44 | €1,928 | €458 | -€1,470 | -76.2% |
| Suppliers | 440/4 | €1,928 | €458 | -€1,470 | -76.2% |
| Taxes, remuneration and social security | 45 | €11,379 | €1,127 | -€10,252 | -90.1% |
| Taxes | 450/3 | €8,967 | €1,127 | -€7,840 | -87.4% |
| Remuneration and social security | 454/9 | €2,412 | - | -€2,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,255 | €471 | -€3,784 | -88.9% |
| Other operating charges | 640/8 | €449 | €462 | +€13 | +2.8% |
| Gross operating margin | 9900 | €17,322 | €13,381 | -€3,941 | -22.8% |
| Operating profit (loss) | 9901 | €12,617 | €12,448 | -€169 | -1.3% |
| Financial income | 75/76B | €58 | - | -€58 | |
| Recurring financial income | 75 | €58 | - | -€58 | |
| Financial charges | 65/66B | €96 | €45 | -€51 | -53.2% |
| Recurring financial charges | 65 | €96 | €45 | -€51 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €12,580 | €12,403 | -€177 | -1.4% |
| Income taxes | 67/77 | €9 | - | -€9 | |
| Profit (loss) for the period | 9904 | €12,571 | €12,403 | -€168 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,571 | €12,403 | -€168 | -1.3% |
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 3 October 2026 via checked.be.