JULO: 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.
JULO
Largest movements
- Cash -€16,949
down €16,949 (-87.6%), from €19,338 to €2,389
mainly Receivables within one year (-€15,743) and Tax, wage and social debts (-€14,474)
- Receivables within one year +€15,743
up €15,743 (+137%), from €11,497 to €27,240
of which Other amounts receivable: +€9,209
- Tangible fixed assets -€1,829
down €1,829 (-36.3%), from €5,042 to €3,213
of which Furniture and vehicles: -€1,397
- Deferred charges and accrued income -€917
down €917 (-27.9%), from €3,280 to €2,363
- Tax, wage and social debts -€14,474
down €14,474 (-56.7%), from €25,549 to €11,075
- Profit (loss) carried forward +€9,409
up €9,409 (+96.9%), from €9,707 to €19,116
- Trade debts +€1,113
up €1,113 (+124%), from €900 to €2,013
- Depreciation +€717
up €717 (+64.5%), from €1,111 to €1,829
- Financial income +€435
up €435 (+169%), from €257 to €691
- Other operating charges +€206
up €206 (+123%), from €167 to €373
- Financial charges -€171
down €171 (-55.7%), from €308 to €136
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 | €39,157 | €35,205 | -€3,952 | -10.1% |
| Fixed assets | 21/28 | €5,042 | €3,213 | -€1,829 | -36.3% |
| Tangible fixed assets | 22/27 | €5,042 | €3,213 | -€1,829 | -36.3% |
| Plant, machinery and equipment | 23 | €920 | €488 | -€432 | -47.0% |
| Furniture and vehicles | 24 | €4,122 | €2,725 | -€1,397 | -33.9% |
| Current assets | 29/58 | €34,115 | €31,992 | -€2,123 | -6.2% |
| Amounts receivable within one year | 40/41 | €11,497 | €27,240 | +€15,743 | +137% |
| Trade receivables | 40 | €3,025 | €9,559 | +€6,534 | +216% |
| Other amounts receivable | 41 | €8,472 | €17,681 | +€9,209 | +109% |
| Cash at bank and in hand | 54/58 | €19,338 | €2,389 | -€16,949 | -87.6% |
| Deferred charges and accrued income | 490/1 | €3,280 | €2,363 | -€917 | -27.9% |
| Total equity and liabilities | 10/49 | €39,157 | €35,205 | -€3,952 | -10.1% |
| Equity | 10/15 | €12,707 | €22,116 | +€9,409 | +74.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,707 | €19,116 | +€9,409 | +96.9% |
| Amounts payable | 17/49 | €26,449 | €13,089 | -€13,361 | -50.5% |
| Amounts payable within one year | 42/48 | €26,449 | €13,089 | -€13,361 | -50.5% |
| Trade debts | 44 | €900 | €2,013 | +€1,113 | +124% |
| Suppliers | 440/4 | €900 | €2,013 | +€1,113 | +124% |
| Taxes, remuneration and social security | 45 | €25,549 | €11,075 | -€14,474 | -56.7% |
| Taxes | 450/3 | €25,549 | €11,075 | -€14,474 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,829 | +€717 | +64.5% |
| Other operating charges | 640/8 | €167 | €373 | +€206 | +123% |
| Gross operating margin | 9900 | €15,420 | €15,417 | -€3 | 0.0% |
| Operating profit (loss) | 9901 | €14,142 | €13,216 | -€926 | -6.5% |
| Financial income | 75/76B | €257 | €691 | +€435 | +169% |
| Recurring financial income | 75 | €257 | €691 | +€435 | +169% |
| Financial charges | 65/66B | €308 | €136 | -€171 | -55.7% |
| Recurring financial charges | 65 | €308 | €136 | -€171 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €14,091 | €13,771 | -€320 | -2.3% |
| Income taxes | 67/77 | €4,384 | €4,362 | -€21 | -0.5% |
| Profit (loss) for the period | 9904 | €9,707 | €9,409 | -€299 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,707 | €9,409 | -€299 | -3.1% |
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 14 October 2026 via checked.be.