JULRADONC: 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.
JULRADONC
Largest movements
- Cash +€113,468
up €113,468 (+132.4%), from €85,673 to €199,141
mainly Net result for the year (+€101,773) and Tax, wage and social debts (+€30,127)
- Receivables within one year +€33,446
up €33,446 (+89.6%), from €37,328 to €70,775
- Deferred charges and accrued income -€19,860
down €19,860 (-57.2%), from €34,699 to €14,838
- Tangible fixed assets +€4,112
up €4,112 (+169.9%), from €2,420 to €6,532
- Profit (loss) carried forward +€101,773
up €101,773 (+81.4%), from €125,067 to €226,839
- Tax, wage and social debts +€30,127
up €30,127 (+93.5%), from €32,210 to €62,337
- Gross operating margin -€9,934
down €9,934 (-6.9%), from €144,374 to €134,440
- Financial income +€1,876
up €1,876 (+166.3%), from €1,128 to €3,005
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 | €160,120 | €291,286 | +€131,166 | +81.9% |
| Fixed assets | 21/28 | €2,420 | €6,532 | +€4,112 | +169.9% |
| Tangible fixed assets | 22/27 | €2,420 | €6,532 | +€4,112 | +169.9% |
| Furniture and vehicles | 24 | €2,420 | €6,532 | +€4,112 | +169.9% |
| Current assets | 29/58 | €157,700 | €284,754 | +€127,054 | +80.6% |
| Amounts receivable within one year | 40/41 | €37,328 | €70,775 | +€33,446 | +89.6% |
| Other amounts receivable | 41 | €37,328 | €70,775 | +€33,446 | +89.6% |
| Cash at bank and in hand | 54/58 | €85,673 | €199,141 | +€113,468 | +132.4% |
| Deferred charges and accrued income | 490/1 | €34,699 | €14,838 | -€19,860 | -57.2% |
| Total equity and liabilities | 10/49 | €160,120 | €291,286 | +€131,166 | +81.9% |
| Equity | 10/15 | €125,068 | €226,840 | +€101,773 | +81.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,067 | €226,839 | +€101,773 | +81.4% |
| Amounts payable | 17/49 | €35,052 | €64,446 | +€29,393 | +83.9% |
| Amounts payable within one year | 42/48 | €35,052 | €64,446 | +€29,393 | +83.9% |
| Trade debts | 44 | €2,842 | €2,108 | -€734 | -25.8% |
| Suppliers | 440/4 | €2,842 | €2,108 | -€734 | -25.8% |
| Taxes, remuneration and social security | 45 | €32,210 | €62,337 | +€30,127 | +93.5% |
| Taxes | 450/3 | €32,210 | €62,337 | +€30,127 | +93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €622 | €1,545 | +€923 | +148.3% |
| Gross operating margin | 9900 | €144,374 | €134,440 | -€9,934 | -6.9% |
| Operating profit (loss) | 9901 | €143,752 | €132,895 | -€10,857 | -7.6% |
| Financial income | 75/76B | €1,128 | €3,005 | +€1,876 | +166.3% |
| Recurring financial income | 75 | €1,128 | €3,005 | +€1,876 | +166.3% |
| Financial charges | 65/66B | €4,072 | €4,000 | -€72 | -1.8% |
| Recurring financial charges | 65 | €4,072 | €4,000 | -€72 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €140,808 | €131,900 | -€8,908 | -6.3% |
| Income taxes | 67/77 | €31,114 | €30,127 | -€987 | -3.2% |
| Profit (loss) for the period | 9904 | €109,694 | €101,773 | -€7,921 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €109,694 | €101,773 | -€7,921 | -7.2% |
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 10 October 2026 via checked.be.