JUVENTAS: 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.
JUVENTAS
Largest movements
- Cash -€28,948
down €28,948 (-92.3%), from €31,348 to €2,401
mainly Tax, wage and social debts (-€29,561) and Investment in fixed assets (net) (-€25,276)
- Tangible fixed assets +€17,460
up €17,460 (+77.9%), from €22,422 to €39,882
of which Furniture and vehicles: +€20,616
- Deferred charges and accrued income +€949
up €949 (+68.8%), from €1,380 to €2,329
- Tax, wage and social debts -€29,561
down €29,561 (-64.7%), from €45,682 to €16,122
of which Taxes: -€30,926
- Debts after one year +€17,389
new in 2025: €17,389
- Current portion of long-term debt -€8,769
down €8,769 (-50.9%), from €17,212 to €8,443
- Trade debts +€6,354
new in 2025: €6,354
- Short-term financial debts +€5,491
new in 2025: €5,491
- Financial charges +€2,745
up €2,745 (+589.5%), from €466 to €3,210
- Taxes +€2,473
up €2,473 (+24.6%), from €10,044 to €12,517
- Gross operating margin -€1,181
down €1,181 (-1.7%), from €70,137 to €68,957
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 | €88,829 | €78,231 | -€10,598 | -11.9% |
| Fixed assets | 21/28 | €30,522 | €47,982 | +€17,460 | +57.2% |
| Tangible fixed assets | 22/27 | €22,422 | €39,882 | +€17,460 | +77.9% |
| Furniture and vehicles | 24 | €3,031 | €23,647 | +€20,616 | +680.1% |
| Other tangible fixed assets | 26 | €19,391 | €16,235 | -€3,155 | -16.3% |
| Financial fixed assets | 28 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €58,307 | €30,249 | -€28,058 | -48.1% |
| Amounts receivable within one year | 40/41 | €25,579 | €25,519 | -€60 | -0.2% |
| Trade receivables | 40 | €1,394 | - | -€1,394 | |
| Other amounts receivable | 41 | €24,185 | €25,519 | +€1,334 | +5.5% |
| Cash at bank and in hand | 54/58 | €31,348 | €2,401 | -€28,948 | -92.3% |
| Deferred charges and accrued income | 490/1 | €1,380 | €2,329 | +€949 | +68.8% |
| Total equity and liabilities | 10/49 | €88,829 | €78,231 | -€10,598 | -11.9% |
| Equity | 10/15 | €3,158 | €1,656 | -€1,502 | -47.6% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,558 | €56 | -€1,502 | -96.4% |
| Amounts payable | 17/49 | €85,671 | €76,575 | -€9,096 | -10.6% |
| Amounts payable after more than one year | 17 | - | €17,389 | +€17,389 | |
| Financial debts | 170/4 | - | €17,389 | +€17,389 | |
| Amounts payable within one year | 42/48 | €85,671 | €59,186 | -€26,485 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €17,212 | €8,443 | -€8,769 | -50.9% |
| Financial debts | 43 | - | €5,491 | +€5,491 | |
| Credit institutions | 430/8 | - | €5,491 | +€5,491 | |
| Trade debts | 44 | - | €6,354 | +€6,354 | |
| Suppliers | 440/4 | - | €6,354 | +€6,354 | |
| Taxes, remuneration and social security | 45 | €45,682 | €16,122 | -€29,561 | -64.7% |
| Taxes | 450/3 | €39,000 | €8,074 | -€30,926 | -79.3% |
| Remuneration and social security | 454/9 | €6,682 | €8,048 | +€1,366 | +20.4% |
| Other amounts payable | 47/48 | €22,777 | €22,777 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €20,472 | €20,333 | -€139 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,208 | €7,816 | +€608 | +8.4% |
| Other operating charges | 640/8 | €2,890 | €3,081 | +€191 | +6.6% |
| Gross operating margin | 9900 | €70,137 | €68,957 | -€1,181 | -1.7% |
| Operating profit (loss) | 9901 | €39,566 | €37,726 | -€1,840 | -4.7% |
| Financial charges | 65/66B | €466 | €3,210 | +€2,745 | +589.5% |
| Recurring financial charges | 65 | €466 | €3,210 | +€2,745 | +589.5% |
| Profit (loss) for the period before taxes | 9903 | €39,101 | €34,516 | -€4,585 | -11.7% |
| Income taxes | 67/77 | €10,044 | €12,517 | +€2,473 | +24.6% |
| Profit (loss) for the period | 9904 | €29,057 | €21,998 | -€7,058 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,057 | €21,998 | -€7,058 | -24.3% |
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 4 October 2026 via checked.be.