JULTO: 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.
JULTO
Largest movements
- Cash -€4,112
down €4,112 (-71.0%), from €5,794 to €1,682
mainly Other debts (-€2,935) and Net result for the year (-€1,067)
- Tangible fixed assets +€732
new in 2025: €732
- Receivables within one year -€715
down €715 (-64.5%), from €1,109 to €394
of which Trade receivables: -€923
- Other debts -€2,935
down €2,935 (-70.9%), from €4,137 to €1,202
- Profit (loss) carried forward -€1,067
down €1,067, from €411 to -€657
- Tax, wage and social debts -€93
down €93 (-26.2%), from €356 to €263
- Gross operating margin -€1,113
down €1,113, from €603 to -€510
- Other operating charges +€400
new in 2025: €400
- Taxes -€149
down €149 (-72.4%), from €206 to €57
- Depreciation +€10
new in 2025: €10
- Financial charges -€8
down €8 (-8.2%), from €99 to €91
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 | €6,903 | €2,808 | -€4,095 | -59.3% |
| Fixed assets | 21/28 | - | €732 | +€732 | |
| Tangible fixed assets | 22/27 | - | €732 | +€732 | |
| Furniture and vehicles | 24 | - | €732 | +€732 | |
| Current assets | 29/58 | €6,903 | €2,076 | -€4,827 | -69.9% |
| Amounts receivable within one year | 40/41 | €1,109 | €394 | -€715 | -64.5% |
| Trade receivables | 40 | €1,109 | €186 | -€923 | -83.2% |
| Other amounts receivable | 41 | €0 | €208 | +€208 | |
| Cash at bank and in hand | 54/58 | €5,794 | €1,682 | -€4,112 | -71.0% |
| Total equity and liabilities | 10/49 | €6,903 | €2,808 | -€4,095 | -59.3% |
| Equity | 10/15 | €2,411 | €1,343 | -€1,067 | -44.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €411 | -€657 | -€1,067 | |
| Amounts payable | 17/49 | €4,492 | €1,465 | -€3,028 | -67.4% |
| Amounts payable within one year | 42/48 | €4,492 | €1,465 | -€3,028 | -67.4% |
| Taxes, remuneration and social security | 45 | €356 | €263 | -€93 | -26.2% |
| Taxes | 450/3 | €356 | €263 | -€93 | -26.2% |
| Other amounts payable | 47/48 | €4,137 | €1,202 | -€2,935 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10 | +€10 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €603 | -€510 | -€1,113 | |
| Operating profit (loss) | 9901 | €603 | -€920 | -€1,522 | |
| Financial charges | 65/66B | €99 | €91 | -€8 | -8.2% |
| Recurring financial charges | 65 | €99 | €91 | -€8 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €504 | -€1,010 | -€1,514 | |
| Income taxes | 67/77 | €206 | €57 | -€149 | -72.4% |
| Profit (loss) for the period | 9904 | €298 | -€1,067 | -€1,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €298 | -€1,067 | -€1,365 |
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 4 October 2026 via checked.be.