JUVI-PROJECTS: what changed
JUVI-PROJECTS
Largest movements
- Receivables within one year +€410,367
up €410,367 (+9,193%), from €4,464 to €414,831
of which Trade receivables: +€404,867
- Stocks and contracts +€257,819
up €257,819 (+24.7%), from €1.0m to €1.3m
- Cash -€81,046
down €81,046 (-84.7%), from €95,667 to €14,621
mainly Receivables within one year (-€410,367) and Stocks and contracts (-€257,819)
- Debts after one year +€268,459
up €268,459 (+41.0%), from €653,986 to €922,446
- Short-term financial debts +€225,000
up €225,000 (+42.9%), from €525,000 to €750,000
- Profit (loss) carried forward -€63,045
down €63,045 (-76.1%), from -€82,823 to -€145,868
- Tax, wage and social debts +€60,207
up €60,207 (+867%), from €6,941 to €67,148
- Other debts +€52,488
up €52,488 (+93.5%), from €56,150 to €108,638
- Gross operating margin -€37,672
down €37,672 (-70.3%), from €53,552 to €15,879
- Financial charges +€27,459
up €27,459 (+76.6%), from €35,866 to €63,326
- Other operating charges +€8,358
up €8,358 (+2,096%), from €399 to €8,757
- Staff costs -€5,509
down €5,509 (-54.4%), from €10,121 to €4,612
- Depreciation -€3,154
down €3,154 (-59.8%), from €5,274 to €2,120
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,191,150 | €1,768,354 | +€577,204 | +48.5% |
| Fixed assets | 21/28 | €47,376 | €37,441 | -€9,936 | -21.0% |
| Tangible fixed assets | 22/27 | €47,376 | €37,441 | -€9,936 | -21.0% |
| Plant, machinery and equipment | 23 | €248 | €0 | -€248 | -100% |
| Furniture and vehicles | 24 | €47,128 | €37,441 | -€9,687 | -20.6% |
| Current assets | 29/58 | €1,143,774 | €1,730,913 | +€587,139 | +51.3% |
| Stocks and contracts in progress | 3 | €1,043,643 | €1,301,462 | +€257,819 | +24.7% |
| Stocks | 30/36 | €1,043,643 | €1,301,462 | +€257,819 | +24.7% |
| Amounts receivable within one year | 40/41 | €4,464 | €414,831 | +€410,367 | +9,193% |
| Trade receivables | 40 | - | €404,867 | +€404,867 | |
| Other amounts receivable | 41 | €4,464 | €9,964 | +€5,500 | +123% |
| Cash at bank and in hand | 54/58 | €95,667 | €14,621 | -€81,046 | -84.7% |
| Total equity and liabilities | 10/49 | €1,191,150 | €1,768,354 | +€577,204 | +48.5% |
| Equity | 10/15 | -€64,223 | -€127,268 | -€63,045 | -98.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,823 | -€145,868 | -€63,045 | -76.1% |
| Amounts payable | 17/49 | €1,255,373 | €1,895,622 | +€640,249 | +51.0% |
| Amounts payable after more than one year | 17 | €653,986 | €922,446 | +€268,459 | +41.0% |
| Financial debts | 170/4 | €653,986 | €922,446 | +€268,459 | +41.0% |
| Amounts payable within one year | 42/48 | €592,880 | €964,666 | +€371,786 | +62.7% |
| Financial debts | 43 | €525,000 | €750,000 | +€225,000 | +42.9% |
| Credit institutions | 430/8 | €525,000 | €750,000 | +€225,000 | +42.9% |
| Trade debts | 44 | €4,789 | €38,881 | +€34,091 | +712% |
| Suppliers | 440/4 | €4,789 | €38,881 | +€34,091 | +712% |
| Taxes, remuneration and social security | 45 | €6,941 | €67,148 | +€60,207 | +867% |
| Taxes | 450/3 | €6,941 | €67,148 | +€60,207 | +867% |
| Other amounts payable | 47/48 | €56,150 | €108,638 | +€52,488 | +93.5% |
| Accrued charges and deferred income | 492/3 | €8,507 | €8,510 | +€3 | 0.0% |
| Remuneration, social security and pensions | 62 | €10,121 | €4,612 | -€5,509 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,274 | €2,120 | -€3,154 | -59.8% |
| Other operating charges | 640/8 | €399 | €8,757 | +€8,358 | +2,096% |
| Gross operating margin | 9900 | €53,552 | €15,879 | -€37,672 | -70.3% |
| Operating profit (loss) | 9901 | €37,757 | €390 | -€37,367 | -99.0% |
| Financial income | 75/76B | €46 | €1 | -€45 | -98.7% |
| Recurring financial income | 75 | €46 | €1 | -€45 | -98.7% |
| Financial charges | 65/66B | €35,866 | €63,326 | +€27,459 | +76.6% |
| Recurring financial charges | 65 | €35,866 | €63,326 | +€27,459 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | €1,936 | -€62,935 | -€64,871 | |
| Income taxes | 67/77 | - | €110 | +€110 | |
| Profit (loss) for the period | 9904 | €1,936 | -€63,045 | -€64,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,936 | -€63,045 | -€64,981 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.