JULSTA Constructies: 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.
JULSTA Constructies
Largest movements
- Stocks and contracts -€5.9m
down €5.9m (-80.2%), from €7.4m to €1.5m
- Receivables within one year -€971,899
down €971,899 (-99.4%), from €977,607 to €5,707
of which Other amounts receivable: -€963,495
- Short-term financial debts -€6.5m
down €6.5m (-85.3%), from €7.7m to €1.1m
- Profit (loss) carried forward -€315,791
down €315,791 (-479%), from -€65,948 to -€381,738
- Gross operating margin -€259,022
down €259,022 (-842%), from -€30,770 to -€289,791
- Other operating charges +€13,679
up €13,679 (+1,017%), from €1,345 to €15,024
- Financial charges +€10,891
up €10,891 (+8,207%), from €133 to €11,024
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,426,812 | €1,585,307 | -€6.8m | -81.2% |
| Fixed assets | 21/28 | €1,000 | €0 | -€1,000 | -100% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €8,425,812 | €1,585,307 | -€6.8m | -81.2% |
| Stocks and contracts in progress | 3 | €7,353,572 | €1,457,723 | -€5.9m | -80.2% |
| Stocks | 30/36 | €7,353,572 | €1,457,723 | -€5.9m | -80.2% |
| Amounts receivable within one year | 40/41 | €977,607 | €5,707 | -€971,899 | -99.4% |
| Trade receivables | 40 | €11,034 | €2,630 | -€8,404 | -76.2% |
| Other amounts receivable | 41 | €966,573 | €3,077 | -€963,495 | -99.7% |
| Cash at bank and in hand | 54/58 | €94,633 | €121,877 | +€27,244 | +28.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,426,812 | €1,585,307 | -€6.8m | -81.2% |
| Equity | 10/15 | €287,699 | -€28,092 | -€315,791 | |
| Contributions | 10/11 | €353,647 | €353,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,948 | -€381,738 | -€315,791 | -479% |
| Amounts payable | 17/49 | €8,139,113 | €1,613,399 | -€6.5m | -80.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,111,483 | €1,613,399 | -€6.5m | -80.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €7,667,778 | €1,126,792 | -€6.5m | -85.3% |
| Credit institutions | 430/8 | €7,667,778 | €1,126,792 | -€6.5m | -85.3% |
| Trade debts | 44 | €22,274 | €11,191 | -€11,084 | -49.8% |
| Suppliers | 440/4 | €22,274 | €11,191 | -€11,084 | -49.8% |
| Taxes, remuneration and social security | 45 | €0 | €420 | +€420 | |
| Taxes | 450/3 | €0 | €420 | +€420 | |
| Other amounts payable | 47/48 | €421,430 | €474,996 | +€53,566 | +12.7% |
| Accrued charges and deferred income | 492/3 | €27,631 | €0 | -€27,631 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,345 | €15,024 | +€13,679 | +1,017% |
| Gross operating margin | 9900 | -€30,770 | -€289,791 | -€259,022 | -842% |
| Operating profit (loss) | 9901 | -€32,114 | -€304,816 | -€272,701 | -849% |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €133 | €11,024 | +€10,891 | +8,207% |
| Recurring financial charges | 65 | €133 | €11,024 | +€10,891 | +8,207% |
| Profit (loss) for the period before taxes | 9903 | -€32,247 | -€315,791 | -€283,543 | -879% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€32,247 | -€315,791 | -€283,543 | -879% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,247 | -€315,791 | -€283,543 | -879% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.