JUVIMA: 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.
JUVIMA
Largest movements
- Cash +€146,799
up €146,799 (+288.2%), from €50,936 to €197,735
mainly Other debts (+€192,900) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€11,410
down €11,410 (-31.3%), from €36,499 to €25,089
of which Furniture and vehicles: -€10,423
- Other debts +€192,900
up €192,900 (+785.6%), from €24,554 to €217,454
- Profit (loss) carried forward -€134,479
no longer reported in 2025 (was €134,479)
- Tax, wage and social debts -€17,483
down €17,483 (-64.3%), from €27,209 to €9,725
of which Taxes: -€15,800
- Current portion of long-term debt -€5,094
no longer reported in 2025 (was €5,094)
- Gross operating margin -€50,506
down €50,506 (-38.9%), from €129,683 to €79,177
- Financial income -€41,028
down €41,028 (-95.6%), from €42,914 to €1,886
- Taxes -€11,152
down €11,152 (-43.0%), from €25,914 to €14,762
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 | €249,066 | €285,785 | +€36,719 | +14.7% |
| Fixed assets | 21/28 | €46,499 | €35,089 | -€11,410 | -24.5% |
| Tangible fixed assets | 22/27 | €36,499 | €25,089 | -€11,410 | -31.3% |
| Plant, machinery and equipment | 23 | €2,376 | €1,480 | -€896 | -37.7% |
| Furniture and vehicles | 24 | €33,462 | €23,038 | -€10,423 | -31.2% |
| Other tangible fixed assets | 26 | €661 | €570 | -€91 | -13.7% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €202,567 | €250,696 | +€48,129 | +23.8% |
| Amounts receivable within one year | 40/41 | €47,125 | €49,871 | +€2,746 | +5.8% |
| Trade receivables | 40 | €42,750 | €42,750 | = | 0.0% |
| Other amounts receivable | 41 | €4,375 | €7,121 | +€2,746 | +62.8% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €50,936 | €197,735 | +€146,799 | +288.2% |
| Deferred charges and accrued income | 490/1 | €4,506 | €3,089 | -€1,417 | -31.4% |
| Total equity and liabilities | 10/49 | €249,066 | €285,785 | +€36,719 | +14.7% |
| Equity | 10/15 | €192,080 | €57,601 | -€134,479 | -70.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €37,601 | €37,601 | = | 0.0% |
| Distributable reserves | 133 | €37,601 | €37,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,479 | - | -€134,479 | |
| Amounts payable | 17/49 | €56,985 | €228,183 | +€171,198 | +300.4% |
| Amounts payable within one year | 42/48 | €56,985 | €228,183 | +€171,198 | +300.4% |
| Current portion of amounts payable after more than one year | 42 | €5,094 | - | -€5,094 | |
| Trade debts | 44 | €129 | €1,004 | +€875 | +678.4% |
| Suppliers | 440/4 | €129 | €1,004 | +€875 | +678.4% |
| Taxes, remuneration and social security | 45 | €27,209 | €9,725 | -€17,483 | -64.3% |
| Taxes | 450/3 | €25,525 | €9,725 | -€15,800 | -61.9% |
| Remuneration and social security | 454/9 | €1,684 | - | -€1,684 | |
| Other amounts payable | 47/48 | €24,554 | €217,454 | +€192,900 | +785.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,148 | €11,410 | +€262 | +2.4% |
| Other operating charges | 640/8 | €592 | €760 | +€168 | +28.4% |
| Non-recurring operating charges | 66A | €226 | - | -€226 | |
| Gross operating margin | 9900 | €129,683 | €79,177 | -€50,506 | -38.9% |
| Operating profit (loss) | 9901 | €117,718 | €67,007 | -€50,710 | -43.1% |
| Financial income | 75/76B | €42,914 | €1,886 | -€41,028 | -95.6% |
| Recurring financial income | 75 | €42,914 | €1,886 | -€41,028 | -95.6% |
| Financial charges | 65/66B | €238 | €484 | +€246 | +103.2% |
| Recurring financial charges | 65 | €238 | €484 | +€246 | +103.2% |
| Profit (loss) for the period before taxes | 9903 | €160,394 | €68,409 | -€91,984 | -57.3% |
| Income taxes | 67/77 | €25,914 | €14,762 | -€11,152 | -43.0% |
| Profit (loss) for the period | 9904 | €134,479 | €53,647 | -€80,832 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €134,479 | €53,647 | -€80,832 | -60.1% |
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 2 October 2026 via checked.be.