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JUVEX: 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.

What changed

JUVEX

BE 0862.483.517
NACE 46.480, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,227
2024 · €1,561-€17,788
Equity
€127,862
2024 · €144,089-€16,227
Cash
€42,182
2024 · €28,631+€13,550
Balance sheet total
€220,094
2024 · €231,016-€10,921

Largest movements

2024 to 2025
Assets
  • Cash +€13,550

    up €13,550 (+47.3%), from €28,631 to €42,182

    mainly Receivables within one year (+€12,099) and Stocks and contracts (+€11,050)

  • Receivables within one year -€12,099

    down €12,099 (-15.4%), from €78,443 to €66,344

    of which Trade receivables: -€13,136

  • Stocks and contracts -€11,050

    down €11,050 (-9.3%), from €118,310 to €107,260

Equity and liabilities
  • Reserves -€16,227

    down €16,227 (-12.9%), from €125,489 to €109,262

  • Other debts +€2,805

    up €2,805 (+1908.9%), from €147 to €2,952

Income statement
  • Gross operating margin -€19,040

    down €19,040 (-28.6%), from €66,489 to €47,449

  • Taxes -€2,833

    down €2,833 (-100.0%), from €2,833 to €0

  • Staff costs +€2,702

    up €2,702 (+5.2%), from €52,328 to €55,030

  • Other operating charges -€750

    down €750 (-16.2%), from €4,626 to €3,877

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,561
Gross operating margin -€19,040
Staff costs -€2,702
Other operating charges +€750
Financial income +€59
Financial charges +€313
Taxes +€2,833
Result 2025 -€16,227

Cash bridge derived

cash 2024 to 2025

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.

From operations +€13,550
Investment €0
Financing €0
Cash 2024 €28,631
Net result for the year -€16,227
Depreciation +€779
Stocks and contracts +€11,050
Receivables within one year +€12,099
Deferred charges and accrued income +€544
Trade debts +€1,725
Tax, wage and social debts +€767
Other debts +€2,805
Accrued charges and deferred income +€8
Cash 2025 €42,182
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €231,016 €220,094 -€10,921 -4.7%
Fixed assets 21/28 €3,463 €2,684 -€779 -22.5%
Intangible fixed assets 21 €1 €1 = 0.0%
Tangible fixed assets 22/27 €3,437 €2,658 -€779 -22.7%
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €3,437 €2,658 -€779 -22.7%
Other tangible fixed assets 26 €0 €0 =
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €227,553 €217,410 -€10,143 -4.5%
Stocks and contracts in progress 3 €118,310 €107,260 -€11,050 -9.3%
Stocks 30/36 €118,310 €107,260 -€11,050 -9.3%
Amounts receivable within one year 40/41 €78,443 €66,344 -€12,099 -15.4%
Trade receivables 40 €75,183 €62,047 -€13,136 -17.5%
Other amounts receivable 41 €3,260 €4,297 +€1,037 +31.8%
Cash at bank and in hand 54/58 €28,631 €42,182 +€13,550 +47.3%
Deferred charges and accrued income 490/1 €2,169 €1,625 -€544 -25.1%
Total equity and liabilities 10/49 €231,016 €220,094 -€10,921 -4.7%
Equity 10/15 €144,089 €127,862 -€16,227 -11.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €125,489 €109,262 -€16,227 -12.9%
Distributable reserves 133 €125,489 €109,262 -€16,227 -12.9%
Amounts payable 17/49 €86,926 €92,232 +€5,306 +6.1%
Amounts payable after more than one year 17 €1,000 €1,000 = 0.0%
Financial debts 170/4 €1,000 €1,000 = 0.0%
Amounts payable within one year 42/48 €85,846 €91,144 +€5,298 +6.2%
Current portion of amounts payable after more than one year 42 €50,000 €50,000 = 0.0%
Trade debts 44 €16,555 €18,280 +€1,725 +10.4%
Suppliers 440/4 €16,555 €18,280 +€1,725 +10.4%
Taxes, remuneration and social security 45 €19,145 €19,912 +€767 +4.0%
Taxes 450/3 €8,087 €8,102 +€14 +0.2%
Remuneration and social security 454/9 €11,058 €11,811 +€753 +6.8%
Other amounts payable 47/48 €147 €2,952 +€2,805 +1908.9%
Accrued charges and deferred income 492/3 €80 €88 +€8 +10.0%
Non-recurring operating income 76A €17,012 - -€17,012
Remuneration, social security and pensions 62 €52,328 €55,030 +€2,702 +5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €779 €779 = 0.0%
Other operating charges 640/8 €4,626 €3,877 -€750 -16.2%
Gross operating margin 9900 €66,489 €47,449 -€19,040 -28.6%
Operating profit (loss) 9901 €8,756 -€12,237 -€20,993
Financial income 75/76B €480 €539 +€59 +12.3%
Recurring financial income 75 €480 €539 +€59 +12.3%
Financial charges 65/66B €4,842 €4,530 -€313 -6.5%
Recurring financial charges 65 €4,842 €4,530 -€313 -6.5%
Profit (loss) for the period before taxes 9903 €4,394 -€16,227 -€20,621
Income taxes 67/77 €2,833 €0 -€2,833 -100.0%
Profit (loss) for the period 9904 €1,561 -€16,227 -€17,788
Profit (loss) for the period to be appropriated 9905 €1,561 -€16,227 -€17,788

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.