JUVE: 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.
JUVE
Largest movements
- Receivables within one year -€142,779
down €142,779 (-94.2%), from €151,500 to €8,721
of which Other amounts receivable: -€142,779
- Tangible fixed assets -€10,164
down €10,164 (-6.2%), from €163,350 to €153,186
- Other debts -€162,864
down €162,864 (-100.0%), from €162,864 to €0
- Accrued charges and deferred income +€26,841
up €26,841 (+159.4%), from €16,844 to €43,686
- Profit (loss) carried forward -€14,005
down €14,005 (-7.3%), from -€190,733 to -€204,738
- Gross operating margin -€25,826
down €25,826 (-47.6%), from €54,226 to €28,400
- Financial charges +€21,997
up €21,997 (+440.5%), from €4,994 to €26,991
- Other operating charges +€4,810
up €4,810 (+1094.9%), from €439 to €5,250
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 | €320,348 | €170,321 | -€150,027 | -46.8% |
| Fixed assets | 21/28 | €163,350 | €153,186 | -€10,164 | -6.2% |
| Tangible fixed assets | 22/27 | €163,350 | €153,186 | -€10,164 | -6.2% |
| Land and buildings | 22 | €163,350 | €153,186 | -€10,164 | -6.2% |
| Current assets | 29/58 | €156,998 | €17,135 | -€139,863 | -89.1% |
| Amounts receivable within one year | 40/41 | €151,500 | €8,721 | -€142,779 | -94.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €151,500 | €8,721 | -€142,779 | -94.2% |
| Cash at bank and in hand | 54/58 | €5,498 | €8,414 | +€2,916 | +53.0% |
| Total equity and liabilities | 10/49 | €320,348 | €170,321 | -€150,027 | -46.8% |
| Equity | 10/15 | -€69,387 | -€83,391 | -€14,005 | -20.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €59,347 | €59,347 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €53,147 | €53,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,733 | -€204,738 | -€14,005 | -7.3% |
| Amounts payable | 17/49 | €389,735 | €253,712 | -€136,023 | -34.9% |
| Amounts payable after more than one year | 17 | €210,027 | €210,027 | = | 0.0% |
| Other amounts payable | 178/9 | €210,027 | €210,027 | = | 0.0% |
| Amounts payable within one year | 42/48 | €162,864 | €0 | -€162,864 | -100.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €162,864 | €0 | -€162,864 | -100.0% |
| Accrued charges and deferred income | 492/3 | €16,844 | €43,686 | +€26,841 | +159.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,164 | €10,164 | = | 0.0% |
| Other operating charges | 640/8 | €439 | €5,250 | +€4,810 | +1094.9% |
| Gross operating margin | 9900 | €54,226 | €28,400 | -€25,826 | -47.6% |
| Operating profit (loss) | 9901 | €43,622 | €12,986 | -€30,636 | -70.2% |
| Financial income | 75/76B | €159 | €0 | -€159 | -100.0% |
| Recurring financial income | 75 | €159 | €0 | -€159 | -100.0% |
| Financial charges | 65/66B | €4,994 | €26,991 | +€21,997 | +440.5% |
| Recurring financial charges | 65 | €4,994 | €26,991 | +€21,997 | +440.5% |
| Profit (loss) for the period before taxes | 9903 | €38,788 | -€14,005 | -€52,792 | |
| Profit (loss) for the period | 9904 | €38,788 | -€14,005 | -€52,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,788 | -€14,005 | -€52,792 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.