Juuls: 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.
Juuls
Largest movements
- Tangible fixed assets +€263,794
up €263,794 (+90.1%), from €292,853 to €556,647
of which Land and buildings: +€262,073
- Current investments -€250,000
down €250,000 (-71.4%), from €350,000 to €100,000
- Cash -€42,193
down €42,193 (-42.2%), from €99,980 to €57,786
mainly Investment in fixed assets (net) (-€333,505) and Net result for the year (-€34,823)
- Intangible fixed assets +€12,500
new in 2025: €12,500
- Reserves -€35,701
down €35,701 (-7.3%), from €486,087 to €450,386
of which Distributable reserves: -€32,508
- Trade debts +€24,198
up €24,198 (+313.6%), from €7,715 to €31,913
- Other debts +€14,580
up €14,580 (+10.8%), from €135,012 to €149,592
- Debts after one year -€12,235
down €12,235 (-19.8%), from €61,673 to €49,438
- Depreciation +€40,972
up €40,972 (+252.3%), from €16,239 to €57,211
- Gross operating margin +€9,514
up €9,514 (+46.0%), from €20,687 to €30,201
- Financial income -€3,581
down €3,581 (-40.9%), from €8,763 to €5,182
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 | €752,490 | €742,742 | -€9,748 | -1.3% |
| Fixed assets | 21/28 | €292,853 | €569,147 | +€276,294 | +94.3% |
| Intangible fixed assets | 21 | - | €12,500 | +€12,500 | |
| Tangible fixed assets | 22/27 | €292,853 | €556,647 | +€263,794 | +90.1% |
| Land and buildings | 22 | €265,931 | €528,004 | +€262,073 | +98.5% |
| Plant, machinery and equipment | 23 | €15,739 | €20,407 | +€4,668 | +29.7% |
| Furniture and vehicles | 24 | €11,183 | €8,236 | -€2,947 | -26.4% |
| Current assets | 29/58 | €459,637 | €173,595 | -€286,042 | -62.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €8,203 | €14,357 | +€6,153 | +75.0% |
| Trade receivables | 40 | €3,830 | €12,813 | +€8,982 | +234.5% |
| Other amounts receivable | 41 | €4,373 | €1,544 | -€2,829 | -64.7% |
| Current investments | 50/53 | €350,000 | €100,000 | -€250,000 | -71.4% |
| Cash at bank and in hand | 54/58 | €99,980 | €57,786 | -€42,193 | -42.2% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,452 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €752,490 | €742,742 | -€9,748 | -1.3% |
| Equity | 10/15 | €505,475 | €468,986 | -€36,489 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €486,087 | €450,386 | -€35,701 | -7.3% |
| Tax-exempt reserves | 132 | €86,587 | €83,394 | -€3,193 | -3.7% |
| Distributable reserves | 133 | €399,500 | €366,993 | -€32,508 | -8.1% |
| Profit (loss) carried forward | 14 | €788 | €0 | -€788 | -100.0% |
| Provisions and deferred taxes | 16 | €28,862 | €27,798 | -€1,064 | -3.7% |
| Deferred taxes | 168 | €28,862 | €27,798 | -€1,064 | -3.7% |
| Amounts payable | 17/49 | €218,152 | €245,957 | +€27,805 | +12.7% |
| Amounts payable after more than one year | 17 | €61,673 | €49,438 | -€12,235 | -19.8% |
| Financial debts | 170/4 | €61,673 | €49,438 | -€12,235 | -19.8% |
| Amounts payable within one year | 42/48 | €156,479 | €196,519 | +€40,040 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €12,852 | €12,235 | -€617 | -4.8% |
| Trade debts | 44 | €7,715 | €31,913 | +€24,198 | +313.6% |
| Suppliers | 440/4 | €7,715 | €31,913 | +€24,198 | +313.6% |
| Taxes, remuneration and social security | 45 | €900 | €2,779 | +€1,879 | +208.8% |
| Taxes | 450/3 | €300 | €2,179 | +€1,879 | +626.3% |
| Remuneration and social security | 454/9 | €600 | €600 | = | 0.0% |
| Other amounts payable | 47/48 | €135,012 | €149,592 | +€14,580 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,239 | €57,211 | +€40,972 | +252.3% |
| Other operating charges | 640/8 | €4,852 | €5,126 | +€274 | +5.6% |
| Gross operating margin | 9900 | €20,687 | €30,201 | +€9,514 | +46.0% |
| Operating profit (loss) | 9901 | -€404 | -€32,136 | -€31,732 | -7862.4% |
| Financial income | 75/76B | €8,763 | €5,182 | -€3,581 | -40.9% |
| Recurring financial income | 75 | €8,763 | €5,182 | -€3,581 | -40.9% |
| Financial charges | 65/66B | €8,983 | €8,933 | -€50 | -0.6% |
| Recurring financial charges | 65 | €8,983 | €8,933 | -€50 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€624 | -€35,887 | -€35,263 | -5650.4% |
| Transfer from deferred taxes | 780 | €727 | €1,064 | +€338 | +46.5% |
| Profit (loss) for the period | 9904 | €102 | -€34,823 | -€34,925 | |
| Transfer from tax-exempt reserves | 789 | €2,180 | €3,193 | +€1,014 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,282 | -€31,629 | -€33,911 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.