JULO CONSTRUCT: 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.
JULO CONSTRUCT
Largest movements
- Cash +€129,782
up €129,782 (+337.4%), from €38,465 to €168,246
mainly Net result for the year (+€219,795) and Receivables within one year (+€55,436)
- Receivables within one year -€55,436
down €55,436 (-16.3%), from €339,110 to €283,674
- Receivables after one year -€34,000
down €34,000 (-36.6%), from €93,000 to €59,000
- Other debts -€183,322
down €183,322 (-44.7%), from €409,717 to €226,395
- Profit (loss) carried forward +€114,545
up €114,545, from €0 to €114,545
- Reserves +€105,250
up €105,250 (+84.3%), from €124,877 to €230,127
of which Tax-exempt reserves: +€105,250
- Trade debts +€6,537
up €6,537 (+354.0%), from €1,847 to €8,384
- Gross operating margin -€37,650
down €37,650 (-11.5%), from €328,415 to €290,765
- Depreciation -€10,598
down €10,598 (-61.2%), from €17,321 to €6,723
- Taxes -€8,242
down €8,242 (-11.1%), from €74,231 to €65,989
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 | €613,199 | €650,974 | +€37,775 | +6.2% |
| Fixed assets | 21/28 | €142,273 | €139,198 | -€3,075 | -2.2% |
| Tangible fixed assets | 22/27 | €142,273 | €139,198 | -€3,075 | -2.2% |
| Land and buildings | 22 | €127,042 | €123,861 | -€3,182 | -2.5% |
| Furniture and vehicles | 24 | €7,160 | €4,492 | -€2,668 | -37.3% |
| Other tangible fixed assets | 26 | €8,071 | €10,845 | +€2,774 | +34.4% |
| Current assets | 29/58 | €470,926 | €511,777 | +€40,850 | +8.7% |
| Amounts receivable after more than one year | 29 | €93,000 | €59,000 | -€34,000 | -36.6% |
| Other amounts receivable | 291 | €93,000 | €59,000 | -€34,000 | -36.6% |
| Amounts receivable within one year | 40/41 | €339,110 | €283,674 | -€55,436 | -16.3% |
| Trade receivables | 40 | €339,110 | €283,674 | -€55,436 | -16.3% |
| Cash at bank and in hand | 54/58 | €38,465 | €168,246 | +€129,782 | +337.4% |
| Deferred charges and accrued income | 490/1 | €352 | €856 | +€505 | +143.6% |
| Total equity and liabilities | 10/49 | €613,199 | €650,974 | +€37,775 | +6.2% |
| Equity | 10/15 | €129,877 | €349,672 | +€219,795 | +169.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €124,877 | €230,127 | +€105,250 | +84.3% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €124,877 | €124,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €114,545 | +€114,545 | |
| Amounts payable | 17/49 | €483,322 | €301,302 | -€182,020 | -37.7% |
| Amounts payable within one year | 42/48 | €483,322 | €301,283 | -€182,039 | -37.7% |
| Trade debts | 44 | €1,847 | €8,384 | +€6,537 | +354.0% |
| Suppliers | 440/4 | €1,847 | €8,384 | +€6,537 | +354.0% |
| Taxes, remuneration and social security | 45 | €71,758 | €66,504 | -€5,254 | -7.3% |
| Taxes | 450/3 | €71,758 | €66,504 | -€5,254 | -7.3% |
| Other amounts payable | 47/48 | €409,717 | €226,395 | -€183,322 | -44.7% |
| Accrued charges and deferred income | 492/3 | €0 | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,321 | €6,723 | -€10,598 | -61.2% |
| Other operating charges | 640/8 | €578 | €593 | +€14 | +2.5% |
| Gross operating margin | 9900 | €328,415 | €290,765 | -€37,650 | -11.5% |
| Operating profit (loss) | 9901 | €310,516 | €283,450 | -€27,067 | -8.7% |
| Financial income | 75/76B | €1,790 | €2,433 | +€642 | +35.9% |
| Recurring financial income | 75 | €1,790 | €2,433 | +€642 | +35.9% |
| Financial charges | 65/66B | €74 | €98 | +€25 | +33.8% |
| Recurring financial charges | 65 | €74 | €98 | +€25 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €312,233 | €285,784 | -€26,449 | -8.5% |
| Income taxes | 67/77 | €74,231 | €65,989 | -€8,242 | -11.1% |
| Profit (loss) for the period | 9904 | €238,002 | €219,795 | -€18,208 | -7.7% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €238,002 | €114,545 | -€123,458 | -51.9% |
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.