Juventas MD: 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 MD
Largest movements
- Receivables within one year +€145,862
up €145,862 (+923.6%), from €15,792 to €161,655
of which Other amounts receivable: +€146,127
- Cash -€22,997
down €22,997 (-51.2%), from €44,879 to €21,883
mainly Receivables within one year (-€145,862) and Deferred charges and accrued income (-€6,252)
- Deferred charges and accrued income +€6,252
up €6,252 (+10.2%), from €61,175 to €67,428
- Profit (loss) carried forward +€100,257
up €100,257 (+99.5%), from €100,747 to €201,004
- Tax, wage and social debts +€30,234
up €30,234 (+159.3%), from €18,976 to €49,209
- Gross operating margin +€38,718
up €38,718 (+42.4%), from €91,339 to €130,056
- Taxes +€11,258
up €11,258 (+59.3%), from €18,976 to €30,234
- Financial income +€4,252
up €4,252 (+1150.1%), from €370 to €4,622
- Other operating charges -€1,560
down €1,560 (-74.5%), from €2,095 to €535
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 | €124,836 | €255,264 | +€130,428 | +104.5% |
| Fixed assets | 21/28 | €2,989 | €4,299 | +€1,310 | +43.8% |
| Tangible fixed assets | 22/27 | €2,989 | €4,299 | +€1,310 | +43.8% |
| Furniture and vehicles | 24 | €909 | €528 | -€380 | -41.9% |
| Other tangible fixed assets | 26 | €2,080 | €3,770 | +€1,690 | +81.2% |
| Current assets | 29/58 | €121,847 | €250,965 | +€129,118 | +106.0% |
| Amounts receivable within one year | 40/41 | €15,792 | €161,655 | +€145,862 | +923.6% |
| Trade receivables | 40 | €3,565 | €3,300 | -€265 | -7.4% |
| Other amounts receivable | 41 | €12,227 | €158,355 | +€146,127 | +1195.1% |
| Cash at bank and in hand | 54/58 | €44,879 | €21,883 | -€22,997 | -51.2% |
| Deferred charges and accrued income | 490/1 | €61,175 | €67,428 | +€6,252 | +10.2% |
| Total equity and liabilities | 10/49 | €124,836 | €255,264 | +€130,428 | +104.5% |
| Equity | 10/15 | €104,247 | €204,504 | +€100,257 | +96.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,747 | €201,004 | +€100,257 | +99.5% |
| Amounts payable | 17/49 | €20,589 | €50,760 | +€30,171 | +146.5% |
| Amounts payable within one year | 42/48 | €20,589 | €50,760 | +€30,171 | +146.5% |
| Trade debts | 44 | €1,613 | €1,550 | -€63 | -3.9% |
| Suppliers | 440/4 | €1,613 | €1,550 | -€63 | -3.9% |
| Taxes, remuneration and social security | 45 | €18,976 | €49,209 | +€30,234 | +159.3% |
| Taxes | 450/3 | €18,976 | €49,209 | +€30,234 | +159.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474 | €900 | +€426 | +90.0% |
| Other operating charges | 640/8 | €2,095 | €535 | -€1,560 | -74.5% |
| Gross operating margin | 9900 | €91,339 | €130,056 | +€38,718 | +42.4% |
| Operating profit (loss) | 9901 | €88,771 | €128,622 | +€39,852 | +44.9% |
| Financial income | 75/76B | €370 | €4,622 | +€4,252 | +1150.1% |
| Recurring financial income | 75 | €370 | €4,622 | +€4,252 | +1150.1% |
| Financial charges | 65/66B | €2,366 | €2,754 | +€388 | +16.4% |
| Recurring financial charges | 65 | €2,366 | €2,754 | +€388 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €86,774 | €130,491 | +€43,716 | +50.4% |
| Income taxes | 67/77 | €18,976 | €30,234 | +€11,258 | +59.3% |
| Profit (loss) for the period | 9904 | €67,799 | €100,257 | +€32,458 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,799 | €100,257 | +€32,458 | +47.9% |
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.