JUVIVAN: 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.
JUVIVAN
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+63.4%), from €2.0m to €3.3m
of which Land and buildings: +€1.3m
- Receivables within one year +€119,209
up €119,209 (+300.6%), from €39,656 to €158,865
of which Trade receivables: +€118,623
- Cash -€48,080
down €48,080 (-33.7%), from €142,520 to €94,440
mainly Investment in fixed assets (net) (-€1.4m) and Receivables within one year (-€119,209)
- Contributions +€952,200
up €952,200 (+6348.0%), from €15,000 to €967,200
- Other debts +€298,069
up €298,069 (+19.5%), from €1.5m to €1.8m
- Profit (loss) carried forward +€142,418
up €142,418 (+78.3%), from -€181,915 to -€39,498
- Debts after one year -€50,064
down €50,064 (-6.3%), from €792,857 to €742,793
- Gross operating margin +€237,979
up €237,979 (+240.2%), from €99,087 to €337,066
- Depreciation +€45,335
up €45,335 (+52.2%), from €86,880 to €132,214
- Other operating charges +€8,173
up €8,173 (+33.6%), from €24,343 to €32,516
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 | €2,317,322 | €3,682,369 | +€1.4m | +58.9% |
| Fixed assets | 21/28 | €2,131,207 | €3,423,240 | +€1.3m | +60.6% |
| Tangible fixed assets | 22/27 | €2,036,976 | €3,329,009 | +€1.3m | +63.4% |
| Land and buildings | 22 | €2,030,981 | €3,291,000 | +€1.3m | +62.0% |
| Furniture and vehicles | 24 | €5,995 | €38,009 | +€32,013 | +534.0% |
| Financial fixed assets | 28 | €94,231 | €94,231 | = | 0.0% |
| Current assets | 29/58 | €186,116 | €259,129 | +€73,013 | +39.2% |
| Amounts receivable within one year | 40/41 | €39,656 | €158,865 | +€119,209 | +300.6% |
| Trade receivables | 40 | €39,656 | €158,280 | +€118,623 | +299.1% |
| Other amounts receivable | 41 | €0 | €585 | +€585 | |
| Cash at bank and in hand | 54/58 | €142,520 | €94,440 | -€48,080 | -33.7% |
| Deferred charges and accrued income | 490/1 | €3,940 | €5,824 | +€1,885 | +47.8% |
| Total equity and liabilities | 10/49 | €2,317,322 | €3,682,369 | +€1.4m | +58.9% |
| Equity | 10/15 | -€166,915 | €927,702 | +€1.1m | |
| Contributions | 10/11 | €15,000 | €967,200 | +€952,200 | +6348.0% |
| Profit (loss) carried forward | 14 | -€181,915 | -€39,498 | +€142,418 | +78.3% |
| Amounts payable | 17/49 | €2,484,238 | €2,754,666 | +€270,428 | +10.9% |
| Amounts payable after more than one year | 17 | €792,857 | €742,793 | -€50,064 | -6.3% |
| Financial debts | 170/4 | €792,857 | €742,793 | -€50,064 | -6.3% |
| Amounts payable within one year | 42/48 | €1,690,691 | €2,009,299 | +€318,608 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €48,286 | €50,064 | +€1,778 | +3.7% |
| Trade debts | 44 | €99,935 | €114,491 | +€14,556 | +14.6% |
| Suppliers | 440/4 | €99,935 | €114,491 | +€14,556 | +14.6% |
| Taxes, remuneration and social security | 45 | €15,056 | €19,261 | +€4,205 | +27.9% |
| Taxes | 450/3 | €15,056 | €19,261 | +€4,205 | +27.9% |
| Other amounts payable | 47/48 | €1,527,414 | €1,825,484 | +€298,069 | +19.5% |
| Accrued charges and deferred income | 492/3 | €690 | €2,574 | +€1,884 | +273.0% |
| Non-recurring operating income | 76A | - | €84,902 | +€84,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,880 | €132,214 | +€45,335 | +52.2% |
| Other operating charges | 640/8 | €24,343 | €32,516 | +€8,173 | +33.6% |
| Gross operating margin | 9900 | €99,087 | €337,066 | +€237,979 | +240.2% |
| Operating profit (loss) | 9901 | -€12,136 | €172,336 | +€184,472 | |
| Financial charges | 65/66B | €31,112 | €29,862 | -€1,251 | -4.0% |
| Recurring financial charges | 65 | €31,112 | €29,862 | -€1,251 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,249 | €142,474 | +€185,722 | |
| Income taxes | 67/77 | €68 | €56 | -€12 | -17.5% |
| Profit (loss) for the period | 9904 | -€43,317 | €142,418 | +€185,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,317 | €142,418 | +€185,734 |
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 8 October 2026 via checked.be.