JULUCON: 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.
JULUCON
Largest movements
- Current investments -€215,000
down €215,000 (-39.8%), from €539,702 to €324,702
- Financial fixed assets +€138,898
new in 2025: €138,898
- Tangible fixed assets -€56,137
down €56,137 (-3.9%), from €1.4m to €1.4m
- Accrued charges and deferred income -€163,286
down €163,286 (-70.0%), from €233,170 to €69,884
- Reserves +€64,711
up €64,711 (+3.7%), from €1.8m to €1.8m
- Financial charges +€11,917
up €11,917 (+791.3%), from €1,506 to €13,423
of which Non-recurring financial charges: +€11,162
- Gross operating margin -€10,043
down €10,043 (-6.4%), from €157,074 to €147,031
- Financial income +€9,409
up €9,409 (+101.7%), from €9,256 to €18,665
- Depreciation -€5,835
down €5,835 (-9.4%), from €61,972 to €56,137
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 | €2,039,913 | €1,936,635 | -€103,278 | -5.1% |
| Fixed assets | 21/28 | €1,438,757 | €1,521,518 | +€82,761 | +5.8% |
| Tangible fixed assets | 22/27 | €1,438,757 | €1,382,620 | -€56,137 | -3.9% |
| Land and buildings | 22 | €640,250 | €621,606 | -€18,644 | -2.9% |
| Plant, machinery and equipment | 23 | €17,367 | €12,350 | -€5,017 | -28.9% |
| Furniture and vehicles | 24 | €29,191 | €20,985 | -€8,206 | -28.1% |
| Other tangible fixed assets | 26 | €751,949 | €727,679 | -€24,270 | -3.2% |
| Financial fixed assets | 28 | - | €138,898 | +€138,898 | |
| Current assets | 29/58 | €601,156 | €415,117 | -€186,039 | -30.9% |
| Amounts receivable within one year | 40/41 | €4,840 | €15,616 | +€10,776 | +222.6% |
| Trade receivables | 40 | €4,840 | €11,616 | +€6,776 | +140.0% |
| Other amounts receivable | 41 | - | €4,000 | +€4,000 | |
| Current investments | 50/53 | €539,702 | €324,702 | -€215,000 | -39.8% |
| Cash at bank and in hand | 54/58 | €56,614 | €74,799 | +€18,185 | +32.1% |
| Total equity and liabilities | 10/49 | €2,039,913 | €1,936,635 | -€103,278 | -5.1% |
| Equity | 10/15 | €1,785,804 | €1,850,515 | +€64,711 | +3.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,755,804 | €1,820,515 | +€64,711 | +3.7% |
| Distributable reserves | 133 | €1,755,804 | €1,820,515 | +€64,711 | +3.7% |
| Provisions and deferred taxes | 16 | €9,000 | - | -€9,000 | |
| Provisions for liabilities and charges | 160/5 | €9,000 | - | -€9,000 | |
| Major repairs and maintenance | 162 | €9,000 | - | -€9,000 | |
| Amounts payable | 17/49 | €245,109 | €86,120 | -€158,989 | -64.9% |
| Amounts payable within one year | 42/48 | €11,939 | €16,236 | +€4,297 | +36.0% |
| Trade debts | 44 | €8,068 | €13,584 | +€5,516 | +68.4% |
| Suppliers | 440/4 | €8,068 | €13,584 | +€5,516 | +68.4% |
| Taxes, remuneration and social security | 45 | €1,439 | €1,781 | +€342 | +23.8% |
| Taxes | 450/3 | €1,439 | €1,781 | +€342 | +23.8% |
| Other amounts payable | 47/48 | €2,432 | €871 | -€1,561 | -64.2% |
| Accrued charges and deferred income | 492/3 | €233,170 | €69,884 | -€163,286 | -70.0% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,972 | €56,137 | -€5,835 | -9.4% |
| Other operating charges | 640/8 | €8,239 | €8,269 | +€30 | +0.4% |
| Gross operating margin | 9900 | €157,074 | €147,031 | -€10,043 | -6.4% |
| Operating profit (loss) | 9901 | €86,863 | €82,625 | -€4,238 | -4.9% |
| Financial income | 75/76B | €9,256 | €18,665 | +€9,409 | +101.7% |
| Recurring financial income | 75 | €9,256 | €18,665 | +€9,409 | +101.7% |
| Financial charges | 65/66B | €1,506 | €13,423 | +€11,917 | +791.3% |
| Recurring financial charges | 65 | €1,506 | €2,261 | +€755 | +50.1% |
| Non-recurring financial charges | 66B | - | €11,162 | +€11,162 | |
| Profit (loss) for the period before taxes | 9903 | €94,613 | €87,867 | -€6,746 | -7.1% |
| Income taxes | 67/77 | €19,246 | €20,656 | +€1,410 | +7.3% |
| Profit (loss) for the period | 9904 | €75,367 | €67,211 | -€8,156 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,367 | €67,211 | -€8,156 | -10.8% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.