JULO-IT: 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-IT
Largest movements
- Receivables within one year +€18,513
up €18,513 (+58.6%), from €31,570 to €50,083
of which Other amounts receivable: +€15,125
- Tangible fixed assets -€18,053
down €18,053 (-14.3%), from €126,149 to €108,097
of which Furniture and vehicles: -€14,575
- Current investments -€7,755
down €7,755 (-11.1%), from €69,797 to €62,042
- Deferred charges and accrued income -€6,862
down €6,862 (-23.5%), from €29,198 to €22,336
- Cash +€5,139
up €5,139 (+76.4%), from €6,728 to €11,867
mainly Other debts (+€47,971) and Net result for the year (+€14,832)
- Reserves -€55,531
down €55,531 (-84.4%), from €65,759 to €10,228
- Other debts +€47,971
up €47,971 (+634.5%), from €7,560 to €55,531
- Debts after one year -€24,943
down €24,943 (-16.1%), from €155,265 to €130,321
- Profit (loss) carried forward +€14,832
up €14,832 (+76.3%), from -€19,446 to -€4,614
- Trade debts +€9,185
up €9,185 (+64.3%), from €14,293 to €23,477
- Gross operating margin +€30,223
up €30,223 (+971.7%), from €3,110 to €33,333
- Financial income -€3,940
down €3,940 (-39.3%), from €10,016 to €6,076
- Financial charges -€3,348
down €3,348 (-20.9%), from €15,995 to €12,648
- Depreciation -€2,557
down €2,557 (-19.5%), from €13,104 to €10,548
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 | €264,045 | €255,027 | -€9,018 | -3.4% |
| Fixed assets | 21/28 | €126,753 | €108,700 | -€18,053 | -14.2% |
| Tangible fixed assets | 22/27 | €126,149 | €108,097 | -€18,053 | -14.3% |
| Land and buildings | 22 | €101,747 | €99,252 | -€2,495 | -2.5% |
| Plant, machinery and equipment | 23 | €3,503 | €2,521 | -€982 | -28.0% |
| Furniture and vehicles | 24 | €20,899 | €6,324 | -€14,575 | -69.7% |
| Financial fixed assets | 28 | €604 | €604 | = | 0.0% |
| Current assets | 29/58 | €137,293 | €146,327 | +€9,034 | +6.6% |
| Amounts receivable within one year | 40/41 | €31,570 | €50,083 | +€18,513 | +58.6% |
| Trade receivables | 40 | €12,705 | €16,093 | +€3,388 | +26.7% |
| Other amounts receivable | 41 | €18,865 | €33,990 | +€15,125 | +80.2% |
| Current investments | 50/53 | €69,797 | €62,042 | -€7,755 | -11.1% |
| Cash at bank and in hand | 54/58 | €6,728 | €11,867 | +€5,139 | +76.4% |
| Deferred charges and accrued income | 490/1 | €29,198 | €22,336 | -€6,862 | -23.5% |
| Total equity and liabilities | 10/49 | €264,045 | €255,027 | -€9,018 | -3.4% |
| Equity | 10/15 | €52,513 | €11,814 | -€40,699 | -77.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,759 | €10,228 | -€55,531 | -84.4% |
| Distributable reserves | 133 | €65,759 | €10,228 | -€55,531 | -84.4% |
| Profit (loss) carried forward | 14 | -€19,446 | -€4,614 | +€14,832 | +76.3% |
| Amounts payable | 17/49 | €211,532 | €243,213 | +€31,681 | +15.0% |
| Amounts payable after more than one year | 17 | €155,265 | €130,321 | -€24,943 | -16.1% |
| Financial debts | 170/4 | €155,265 | €130,321 | -€24,943 | -16.1% |
| Amounts payable within one year | 42/48 | €56,268 | €112,892 | +€56,624 | +100.6% |
| Current portion of amounts payable after more than one year | 42 | €23,643 | €24,943 | +€1,300 | +5.5% |
| Financial debts | 43 | €121 | €131 | +€9 | +7.6% |
| Credit institutions | 430/8 | €121 | €131 | +€9 | +7.6% |
| Trade debts | 44 | €14,293 | €23,477 | +€9,185 | +64.3% |
| Suppliers | 440/4 | €14,293 | €23,477 | +€9,185 | +64.3% |
| Taxes, remuneration and social security | 45 | €10,651 | €8,810 | -€1,841 | -17.3% |
| Taxes | 450/3 | €10,651 | €8,810 | -€1,841 | -17.3% |
| Other amounts payable | 47/48 | €7,560 | €55,531 | +€47,971 | +634.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,104 | €10,548 | -€2,557 | -19.5% |
| Other operating charges | 640/8 | €1,163 | €1,018 | -€145 | -12.5% |
| Gross operating margin | 9900 | €3,110 | €33,333 | +€30,223 | +971.7% |
| Operating profit (loss) | 9901 | -€11,157 | €21,768 | +€32,925 | |
| Financial income | 75/76B | €10,016 | €6,076 | -€3,940 | -39.3% |
| Recurring financial income | 75 | €10,016 | €6,076 | -€3,940 | -39.3% |
| Financial charges | 65/66B | €15,995 | €12,648 | -€3,348 | -20.9% |
| Recurring financial charges | 65 | €15,995 | €12,648 | -€3,348 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,136 | €15,196 | +€32,332 | |
| Income taxes | 67/77 | €203 | €364 | +€161 | +79.4% |
| Profit (loss) for the period | 9904 | -€17,339 | €14,832 | +€32,171 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,339 | €14,832 | +€32,171 |
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 7 October 2026 via checked.be.