JulyOne: 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.
JulyOne
Largest movements
- Stocks and contracts -€12,489
down €12,489 (-70.8%), from €17,644 to €5,156
- Cash -€8,204
down €8,204 (-26.8%), from €30,623 to €22,419
mainly Net result for the year (-€8,782) and Debts after one year (-€8,487)
- Tangible fixed assets -€5,402
down €5,402 (-3.9%), from €136,967 to €131,564
- Profit (loss) carried forward -€8,782
down €8,782 (-59.2%), from -€14,829 to -€23,611
- Debts after one year -€8,487
down €8,487 (-11.9%), from €71,560 to €63,073
of which Financial debts: -€8,487
- Other debts -€7,315
down €7,315 (-6.9%), from €105,750 to €98,435
- Tax, wage and social debts -€4,769
down €4,769 (-77.0%), from €6,190 to €1,422
- Trade debts +€2,157
up €2,157 (+490.9%), from €439 to €2,596
- Gross operating margin -€2,035
down €2,035 (-38.1%), from €5,342 to €3,307
- Other operating charges -€662
down €662 (-17.8%), from €3,726 to €3,064
- Depreciation +€320
up €320 (+6.3%), from €5,082 to €5,402
- Financial charges -€247
down €247 (-6.8%), from €3,644 to €3,397
- Taxes +€55
up €55 (+32.3%), from €170 to €225
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 | €197,725 | €172,147 | -€25,578 | -12.9% |
| Fixed assets | 21/28 | €136,967 | €131,564 | -€5,402 | -3.9% |
| Tangible fixed assets | 22/27 | €136,967 | €131,564 | -€5,402 | -3.9% |
| Land and buildings | 22 | €136,967 | €131,564 | -€5,402 | -3.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €60,758 | €40,583 | -€20,176 | -33.2% |
| Stocks and contracts in progress | 3 | €17,644 | €5,156 | -€12,489 | -70.8% |
| Stocks | 30/36 | €17,644 | €5,156 | -€12,489 | -70.8% |
| Amounts receivable within one year | 40/41 | €11,615 | €11,699 | +€85 | +0.7% |
| Trade receivables | 40 | €11,551 | €11,699 | +€148 | +1.3% |
| Other amounts receivable | 41 | €63 | €0 | -€63 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,623 | €22,419 | -€8,204 | -26.8% |
| Deferred charges and accrued income | 490/1 | €876 | €1,309 | +€433 | +49.4% |
| Total equity and liabilities | 10/49 | €197,725 | €172,147 | -€25,578 | -12.9% |
| Equity | 10/15 | €5,631 | -€3,151 | -€8,782 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,829 | -€23,611 | -€8,782 | -59.2% |
| Amounts payable | 17/49 | €192,094 | €175,298 | -€16,796 | -8.7% |
| Amounts payable after more than one year | 17 | €71,560 | €63,073 | -€8,487 | -11.9% |
| Financial debts | 170/4 | €67,810 | €59,323 | -€8,487 | -12.5% |
| Other amounts payable | 178/9 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €120,534 | €110,940 | -€9,594 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €8,154 | €8,487 | +€333 | +4.1% |
| Trade debts | 44 | €439 | €2,596 | +€2,157 | +490.9% |
| Suppliers | 440/4 | €439 | €2,596 | +€2,157 | +490.9% |
| Taxes, remuneration and social security | 45 | €6,190 | €1,422 | -€4,769 | -77.0% |
| Taxes | 450/3 | €6,190 | €1,422 | -€4,769 | -77.0% |
| Other amounts payable | 47/48 | €105,750 | €98,435 | -€7,315 | -6.9% |
| Accrued charges and deferred income | 492/3 | - | €1,284 | +€1,284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,082 | €5,402 | +€320 | +6.3% |
| Other operating charges | 640/8 | €3,726 | €3,064 | -€662 | -17.8% |
| Gross operating margin | 9900 | €5,342 | €3,307 | -€2,035 | -38.1% |
| Operating profit (loss) | 9901 | -€3,466 | -€5,160 | -€1,693 | -48.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,644 | €3,397 | -€247 | -6.8% |
| Recurring financial charges | 65 | €3,644 | €3,397 | -€247 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,110 | -€8,557 | -€1,447 | -20.3% |
| Income taxes | 67/77 | €170 | €225 | +€55 | +32.3% |
| Profit (loss) for the period | 9904 | -€7,280 | -€8,782 | -€1,501 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,280 | -€8,782 | -€1,501 | -20.6% |
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 12 October 2026 via checked.be.