JUVICO: 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.
JUVICO
Largest movements
- Current investments +€159,169
up €159,169 (+105.3%), from €151,093 to €310,262
- Cash +€154,803
up €154,803 (+99.4%), from €155,807 to €310,610
mainly Net result for the year (+€275,605) and Tax, wage and social debts (+€81,421)
- Receivables within one year +€62,455
up €62,455 (+29.4%), from €212,788 to €275,243
of which Trade receivables: +€38,604
- Tangible fixed assets -€29,533
down €29,533 (-28.5%), from €103,769 to €74,236
of which Furniture and vehicles: -€25,435
- Profit (loss) carried forward +€275,605
up €275,605 (+61.1%), from €450,906 to €726,511
- Tax, wage and social debts +€81,421
up €81,421 (+58.7%), from €138,768 to €220,189
- Trade debts -€9,825
down €9,825 (-27.9%), from €35,253 to €25,428
- Gross operating margin -€23,581
down €23,581 (-6.1%), from €387,351 to €363,770
- Financial income +€18,535
up €18,535 (+1150.5%), from €1,611 to €20,146
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 | €625,927 | €973,128 | +€347,201 | +55.5% |
| Fixed assets | 21/28 | €103,769 | €74,236 | -€29,533 | -28.5% |
| Tangible fixed assets | 22/27 | €103,769 | €74,236 | -€29,533 | -28.5% |
| Plant, machinery and equipment | 23 | €7,033 | €6,111 | -€922 | -13.1% |
| Furniture and vehicles | 24 | €65,073 | €39,638 | -€25,435 | -39.1% |
| Other tangible fixed assets | 26 | €31,663 | €28,487 | -€3,176 | -10.0% |
| Current assets | 29/58 | €522,158 | €898,892 | +€376,734 | +72.1% |
| Amounts receivable within one year | 40/41 | €212,788 | €275,243 | +€62,455 | +29.4% |
| Trade receivables | 40 | €202,194 | €240,798 | +€38,604 | +19.1% |
| Other amounts receivable | 41 | €10,594 | €34,445 | +€23,851 | +225.1% |
| Current investments | 50/53 | €151,093 | €310,262 | +€159,169 | +105.3% |
| Cash at bank and in hand | 54/58 | €155,807 | €310,610 | +€154,803 | +99.4% |
| Deferred charges and accrued income | 490/1 | €2,470 | €2,777 | +€307 | +12.4% |
| Total equity and liabilities | 10/49 | €625,927 | €973,128 | +€347,201 | +55.5% |
| Equity | 10/15 | €451,906 | €727,511 | +€275,605 | +61.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €450,906 | €726,511 | +€275,605 | +61.1% |
| Amounts payable | 17/49 | €174,021 | €245,617 | +€71,596 | +41.1% |
| Amounts payable within one year | 42/48 | €174,021 | €245,617 | +€71,596 | +41.1% |
| Trade debts | 44 | €35,253 | €25,428 | -€9,825 | -27.9% |
| Suppliers | 440/4 | €35,253 | €25,428 | -€9,825 | -27.9% |
| Taxes, remuneration and social security | 45 | €138,768 | €220,189 | +€81,421 | +58.7% |
| Taxes | 450/3 | €138,768 | €220,189 | +€81,421 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,636 | €15,582 | +€2,946 | +23.3% |
| Other operating charges | 640/8 | €4,385 | €4,521 | +€136 | +3.1% |
| Gross operating margin | 9900 | €387,351 | €363,770 | -€23,581 | -6.1% |
| Operating profit (loss) | 9901 | €370,330 | €343,667 | -€26,663 | -7.2% |
| Financial income | 75/76B | €1,611 | €20,146 | +€18,535 | +1150.5% |
| Recurring financial income | 75 | €1,611 | €20,146 | +€18,535 | +1150.5% |
| Financial charges | 65/66B | €136 | €164 | +€28 | +20.6% |
| Recurring financial charges | 65 | €136 | €164 | +€28 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €371,805 | €363,649 | -€8,156 | -2.2% |
| Income taxes | 67/77 | €90,114 | €88,044 | -€2,070 | -2.3% |
| Profit (loss) for the period | 9904 | €281,691 | €275,605 | -€6,086 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €281,691 | €275,605 | -€6,086 | -2.2% |
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 7 October 2026 via checked.be.