JULUS: 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.
JULUS
Largest movements
- Cash +€193,137
up €193,137 (+47.9%), from €402,969 to €596,106
mainly Net result for the year (+€716,609) and Current portion of long-term debt (+€94,014)
- Reserves +€716,609
up €716,609 (+32.8%), from €2.2m to €2.9m
- Debts after one year -€445,190
down €445,190 (-59.0%), from €754,190 to €309,000
- Tax, wage and social debts -€143,318
down €143,318 (-45.4%), from €315,933 to €172,615
- Current portion of long-term debt +€94,014
up €94,014 (+24.8%), from €378,962 to €472,976
- Financial income -€580,042
down €580,042 (-100.0%), from €580,042 to €0
- Gross operating margin +€199,654
up €199,654 (+25.3%), from €789,900 to €989,554
- Taxes +€33,115
up €33,115 (+16.5%), from €201,030 to €234,145
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.
Derived cash bridge
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 | €3,995,512 | €4,214,710 | +€219,198 | +5.5% |
| Fixed assets | 21/28 | €3,427,000 | €3,427,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,427,000 | €3,427,000 | = | 0.0% |
| Current assets | 29/58 | €568,512 | €787,710 | +€219,198 | +38.6% |
| Amounts receivable within one year | 40/41 | €164,500 | €190,560 | +€26,061 | +15.8% |
| Trade receivables | 40 | €152,400 | €190,250 | +€37,851 | +24.8% |
| Other amounts receivable | 41 | €12,100 | €310 | -€11,790 | -97.4% |
| Cash at bank and in hand | 54/58 | €402,969 | €596,106 | +€193,137 | +47.9% |
| Deferred charges and accrued income | 490/1 | €1,043 | €1,043 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,995,512 | €4,214,710 | +€219,198 | +5.5% |
| Equity | 10/15 | €2,541,874 | €3,258,482 | +€716,609 | +28.2% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €2,181,874 | €2,898,482 | +€716,609 | +32.8% |
| Distributable reserves | 133 | €2,181,874 | €2,898,482 | +€716,609 | +32.8% |
| Amounts payable | 17/49 | €1,453,638 | €956,227 | -€497,411 | -34.2% |
| Amounts payable after more than one year | 17 | €754,190 | €309,000 | -€445,190 | -59.0% |
| Financial debts | 170/4 | €754,190 | €309,000 | -€445,190 | -59.0% |
| Amounts payable within one year | 42/48 | €698,615 | €646,846 | -€51,769 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €378,962 | €472,976 | +€94,014 | +24.8% |
| Trade debts | 44 | €1,043 | €0 | -€1,043 | -100% |
| Suppliers | 440/4 | €1,043 | €0 | -€1,043 | -100% |
| Taxes, remuneration and social security | 45 | €315,933 | €172,615 | -€143,318 | -45.4% |
| Taxes | 450/3 | €315,933 | €172,615 | -€143,318 | -45.4% |
| Other amounts payable | 47/48 | €2,676 | €1,255 | -€1,421 | -53.1% |
| Accrued charges and deferred income | 492/3 | €833 | €381 | -€452 | -54.2% |
| Other operating charges | 640/8 | €32 | €2,249 | +€2,217 | +6,961% |
| Gross operating margin | 9900 | €789,900 | €989,554 | +€199,654 | +25.3% |
| Operating profit (loss) | 9901 | €789,868 | €987,305 | +€197,437 | +25.0% |
| Financial income | 75/76B | €580,042 | €0 | -€580,042 | -100.0% |
| Recurring financial income | 75 | €580,042 | €0 | -€580,042 | -100.0% |
| Financial charges | 65/66B | €45,749 | €36,552 | -€9,197 | -20.1% |
| Recurring financial charges | 65 | €45,749 | €36,552 | -€9,197 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €1,324,162 | €950,754 | -€373,408 | -28.2% |
| Income taxes | 67/77 | €201,030 | €234,145 | +€33,115 | +16.5% |
| Profit (loss) for the period | 9904 | €1,123,132 | €716,609 | -€406,523 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,123,132 | €716,609 | -€406,523 | -36.2% |
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 14 October 2026 via checked.be.