JUVIMMO: what changed
Two financial 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.
JUVIMMO
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash -€128,596
down €128,596 (-42.5%), from €302,306 to €173,711
mainly Contributions, distributions and other (-€500,000) and Deferred charges and accrued income (-€39,198)
- Financial fixed assets -€75,000
down €75,000 (-11.1%), from €675,000 to €600,000
- Deferred charges and accrued income +€39,198
up €39,198 (+1,077%), from €3,640 to €42,838
- Reserves -€401,682
down €401,682 (-33.5%), from €1.2m to €796,390
of which Distributable reserves: -€401,682
- Financial charges +€39,161
up €39,161 (+1,792%), from €2,185 to €41,346
- Financial income +€22,596
up €22,596 (+44.2%), from €51,107 to €73,703
- Gross operating margin +€8,507
up €8,507 (+11.0%), from €77,555 to €86,061
- Taxes -€2,138
down €2,138 (-10.1%), from €21,077 to €18,939
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.
Derived cash bridge
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 | €1,236,876 | €824,729 | -€412,148 | -33.3% |
| Fixed assets | 21/28 | €677,067 | €601,395 | -€75,673 | -11.2% |
| Tangible fixed assets | 22/27 | €2,067 | €1,395 | -€673 | -32.5% |
| Plant, machinery and equipment | 23 | €2,067 | €1,395 | -€673 | -32.5% |
| Financial fixed assets | 28 | €675,000 | €600,000 | -€75,000 | -11.1% |
| Current assets | 29/58 | €559,809 | €223,334 | -€336,475 | -60.1% |
| Amounts receivable within one year | 40/41 | €3,863 | €6,785 | +€2,922 | +75.7% |
| Other amounts receivable | 41 | €3,863 | €6,785 | +€2,922 | +75.7% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €302,306 | €173,711 | -€128,596 | -42.5% |
| Deferred charges and accrued income | 490/1 | €3,640 | €42,838 | +€39,198 | +1,077% |
| Total equity and liabilities | 10/49 | €1,236,876 | €824,729 | -€412,148 | -33.3% |
| Equity | 10/15 | €1,216,673 | €814,990 | -€401,682 | -33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,198,073 | €796,390 | -€401,682 | -33.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €168,400 | €168,400 | = | 0.0% |
| Distributable reserves | 133 | €1,027,813 | €626,130 | -€401,682 | -39.1% |
| Amounts payable | 17/49 | €20,204 | €9,738 | -€10,466 | -51.8% |
| Amounts payable within one year | 42/48 | €20,204 | €9,738 | -€10,466 | -51.8% |
| Trade debts | 44 | €585 | - | -€585 | |
| Suppliers | 440/4 | €585 | - | -€585 | |
| Taxes, remuneration and social security | 45 | €15,323 | €5,142 | -€10,181 | -66.4% |
| Taxes | 450/3 | €15,323 | €5,142 | -€10,181 | -66.4% |
| Other amounts payable | 47/48 | €4,296 | €4,596 | +€300 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,503 | €673 | -€830 | -55.2% |
| Other operating charges | 640/8 | €400 | €489 | +€89 | +22.2% |
| Gross operating margin | 9900 | €77,555 | €86,061 | +€8,507 | +11.0% |
| Operating profit (loss) | 9901 | €75,651 | €84,899 | +€9,248 | +12.2% |
| Financial income | 75/76B | €51,107 | €73,703 | +€22,596 | +44.2% |
| Recurring financial income | 75 | €51,107 | €73,703 | +€22,596 | +44.2% |
| Financial charges | 65/66B | €2,185 | €41,346 | +€39,161 | +1,792% |
| Recurring financial charges | 65 | €2,185 | €41,346 | +€39,161 | +1,792% |
| Profit (loss) for the period before taxes | 9903 | €124,573 | €117,256 | -€7,317 | -5.9% |
| Income taxes | 67/77 | €21,077 | €18,939 | -€2,138 | -10.1% |
| Profit (loss) for the period | 9904 | €103,496 | €98,318 | -€5,178 | -5.0% |
| Transfer to tax-exempt reserves | 689 | €47,784 | - | -€47,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,713 | €98,318 | +€42,605 | +76.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.