JUULTJE: 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.
JUULTJE
Largest movements
- Tangible fixed assets +€75,262
up €75,262 (+64.8%), from €116,179 to €191,441
of which Plant, machinery and equipment: +€77,394
- Receivables within one year +€36,003
up €36,003 (+52.5%), from €68,580 to €104,582
of which Other amounts receivable: +€23,944
- Stocks and contracts +€18,278
up €18,278 (+111%), from €16,532 to €34,810
- Cash -€7,972
down €7,972 (-29.5%), from €27,015 to €19,043
mainly Investment in fixed assets (net) (-€119,443) and Receivables within one year (-€36,003)
- Trade debts +€61,765
up €61,765 (+90.3%), from €68,386 to €130,151
- Debts after one year +€48,856
up €48,856 (+446%), from €10,954 to €59,810
- Other debts +€14,916
up €14,916 (+28.5%), from €52,314 to €67,230
- Current portion of long-term debt -€11,446
down €11,446 (-29.7%), from €38,492 to €27,046
- Tax, wage and social debts +€6,207
up €6,207 (+84.5%), from €7,343 to €13,550
of which Remuneration and social security: +€6,207
- Staff costs +€120,248
up €120,248 (+98.9%), from €121,555 to €241,803
- Gross operating margin +€114,067
up €114,067 (+56.9%), from €200,411 to €314,478
- Depreciation +€8,050
up €8,050 (+22.9%), from €35,098 to €43,148
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,763 | €392,909 | +€121,146 | +44.6% |
| Fixed assets | 21/28 | €158,179 | €234,473 | +€76,294 | +48.2% |
| Intangible fixed assets | 21 | €42,000 | €43,033 | +€1,033 | +2.5% |
| Tangible fixed assets | 22/27 | €116,179 | €191,441 | +€75,262 | +64.8% |
| Land and buildings | 22 | €42,786 | €38,086 | -€4,700 | -11.0% |
| Plant, machinery and equipment | 23 | €47,768 | €125,162 | +€77,394 | +162% |
| Furniture and vehicles | 24 | €2,354 | €10,592 | +€8,238 | +350% |
| Leasing and similar rights | 25 | €23,271 | €17,601 | -€5,670 | -24.4% |
| Current assets | 29/58 | €113,584 | €158,435 | +€44,852 | +39.5% |
| Stocks and contracts in progress | 3 | €16,532 | €34,810 | +€18,278 | +111% |
| Stocks | 30/36 | €16,532 | €34,810 | +€18,278 | +111% |
| Amounts receivable within one year | 40/41 | €68,580 | €104,582 | +€36,003 | +52.5% |
| Trade receivables | 40 | €353 | €12,411 | +€12,059 | +3,419% |
| Other amounts receivable | 41 | €68,227 | €92,171 | +€23,944 | +35.1% |
| Cash at bank and in hand | 54/58 | €27,015 | €19,043 | -€7,972 | -29.5% |
| Deferred charges and accrued income | 490/1 | €1,457 | - | -€1,457 | |
| Total equity and liabilities | 10/49 | €271,763 | €392,909 | +€121,146 | +44.6% |
| Equity | 10/15 | €89,780 | €95,122 | +€5,342 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,180 | €76,522 | +€5,342 | +7.5% |
| Distributable reserves | 133 | €71,180 | €76,522 | +€5,342 | +7.5% |
| Amounts payable | 17/49 | €181,983 | €297,787 | +€115,804 | +63.6% |
| Amounts payable after more than one year | 17 | €10,954 | €59,810 | +€48,856 | +446% |
| Financial debts | 170/4 | €10,954 | €59,810 | +€48,856 | +446% |
| Amounts payable within one year | 42/48 | €171,028 | €237,977 | +€66,949 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €38,492 | €27,046 | -€11,446 | -29.7% |
| Financial debts | 43 | €4,494 | - | -€4,494 | |
| Credit institutions | 430/8 | €4,494 | - | -€4,494 | |
| Trade debts | 44 | €68,386 | €130,151 | +€61,765 | +90.3% |
| Suppliers | 440/4 | €68,386 | €130,151 | +€61,765 | +90.3% |
| Taxes, remuneration and social security | 45 | €7,343 | €13,550 | +€6,207 | +84.5% |
| Taxes | 450/3 | €318 | €318 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,025 | €13,232 | +€6,207 | +88.4% |
| Other amounts payable | 47/48 | €52,314 | €67,230 | +€14,916 | +28.5% |
| Remuneration, social security and pensions | 62 | €121,555 | €241,803 | +€120,248 | +98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,098 | €43,148 | +€8,050 | +22.9% |
| Other operating charges | 640/8 | €13,419 | €12,016 | -€1,403 | -10.5% |
| Gross operating margin | 9900 | €200,411 | €314,478 | +€114,067 | +56.9% |
| Operating profit (loss) | 9901 | €30,338 | €17,510 | -€12,828 | -42.3% |
| Financial income | 75/76B | €1,130 | €4 | -€1,126 | -99.6% |
| Recurring financial income | 75 | €1,130 | €4 | -€1,126 | -99.6% |
| Financial charges | 65/66B | €11,730 | €12,172 | +€442 | +3.8% |
| Recurring financial charges | 65 | €11,730 | €10,172 | -€1,558 | -13.3% |
| Non-recurring financial charges | 66B | - | €2,000 | +€2,000 | |
| Profit (loss) for the period before taxes | 9903 | €19,738 | €5,343 | -€14,395 | -72.9% |
| Income taxes | 67/77 | €1 | €1 | +€1 | +90.5% |
| Profit (loss) for the period | 9904 | €19,738 | €5,342 | -€14,396 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,738 | €5,342 | -€14,396 | -72.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.