JUWA SOLUTIONS: 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.
JUWA SOLUTIONS
Largest movements
- Receivables within one year -€107,910
down €107,910 (-89.2%), from €121,002 to €13,092
of which Trade receivables: -€112,141
- Cash +€83,992
up €83,992 (+349.3%), from €24,044 to €108,037
mainly Receivables within one year (+€107,910) and Depreciation (+€36,841)
- Stocks and contracts -€19,891
down €19,891 (-11.0%), from €180,148 to €160,257
- Intangible fixed assets -€17,500
down €17,500 (-14.9%), from €117,095 to €99,595
- Tangible fixed assets -€14,046
down €14,046 (-25.8%), from €54,389 to €40,343
of which Leasing and similar rights: -€9,437
- Trade debts -€59,885
down €59,885 (-45.0%), from €133,127 to €73,242
- Debts after one year -€16,764
down €16,764 (-48.9%), from €34,312 to €17,549
of which Financial debts: -€16,764
- Advances received -€12,363
down €12,363 (-32.9%), from €37,584 to €25,221
- Reserves -€6,216
down €6,216 (-27.8%), from €22,381 to €16,164
- Tax, wage and social debts +€5,896
up €5,896 (+15.3%), from €38,495 to €44,391
- Gross operating margin -€11,049
down €11,049 (-16.7%), from €66,355 to €55,306
- Financial charges +€2,297
up €2,297 (+11.9%), from €19,315 to €21,612
- Staff costs -€1,515
down €1,515 (-87.2%), from €1,738 to €222
- Other operating charges +€1,090
up €1,090 (+67.5%), from €1,616 to €2,706
- Depreciation -€700
down €700 (-1.9%), from €37,540 to €36,841
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 | €530,162 | €446,732 | -€83,431 | -15.7% |
| Fixed assets | 21/28 | €171,484 | €139,938 | -€31,546 | -18.4% |
| Intangible fixed assets | 21 | €117,095 | €99,595 | -€17,500 | -14.9% |
| Tangible fixed assets | 22/27 | €54,389 | €40,343 | -€14,046 | -25.8% |
| Plant, machinery and equipment | 23 | €9,640 | €5,477 | -€4,163 | -43.2% |
| Furniture and vehicles | 24 | €7,101 | €8,056 | +€955 | +13.4% |
| Leasing and similar rights | 25 | €32,032 | €22,596 | -€9,437 | -29.5% |
| Other tangible fixed assets | 26 | €5,615 | €4,214 | -€1,401 | -25.0% |
| Current assets | 29/58 | €358,678 | €306,793 | -€51,885 | -14.5% |
| Stocks and contracts in progress | 3 | €180,148 | €160,257 | -€19,891 | -11.0% |
| Stocks | 30/36 | €180,148 | €160,257 | -€19,891 | -11.0% |
| Amounts receivable within one year | 40/41 | €121,002 | €13,092 | -€107,910 | -89.2% |
| Trade receivables | 40 | €112,141 | €0 | -€112,141 | -100.0% |
| Other amounts receivable | 41 | €8,861 | €13,092 | +€4,232 | +47.8% |
| Cash at bank and in hand | 54/58 | €24,044 | €108,037 | +€83,992 | +349.3% |
| Deferred charges and accrued income | 490/1 | €33,484 | €25,408 | -€8,076 | -24.1% |
| Total equity and liabilities | 10/49 | €530,162 | €446,732 | -€83,431 | -15.7% |
| Equity | 10/15 | €25,381 | €19,164 | -€6,216 | -24.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,381 | €16,164 | -€6,216 | -27.8% |
| Distributable reserves | 133 | €22,381 | €16,164 | -€6,216 | -27.8% |
| Amounts payable | 17/49 | €504,781 | €427,567 | -€77,214 | -15.3% |
| Amounts payable after more than one year | 17 | €34,312 | €17,549 | -€16,764 | -48.9% |
| Financial debts | 170/4 | €34,312 | €17,549 | -€16,764 | -48.9% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €470,469 | €410,019 | -€60,450 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €16,343 | €16,764 | +€421 | +2.6% |
| Financial debts | 43 | - | €5,192 | +€5,192 | |
| Credit institutions | 430/8 | - | €5,192 | +€5,192 | |
| Trade debts | 44 | €133,127 | €73,242 | -€59,885 | -45.0% |
| Suppliers | 440/4 | €133,127 | €73,242 | -€59,885 | -45.0% |
| Advances received on contracts in progress | 46 | €37,584 | €25,221 | -€12,363 | -32.9% |
| Taxes, remuneration and social security | 45 | €38,495 | €44,391 | +€5,896 | +15.3% |
| Taxes | 450/3 | €38,495 | €44,391 | +€5,896 | +15.3% |
| Other amounts payable | 47/48 | €244,920 | €245,209 | +€289 | +0.1% |
| Remuneration, social security and pensions | 62 | €1,738 | €222 | -€1,515 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,540 | €36,841 | -€700 | -1.9% |
| Other operating charges | 640/8 | €1,616 | €2,706 | +€1,090 | +67.5% |
| Gross operating margin | 9900 | €66,355 | €55,306 | -€11,049 | -16.7% |
| Operating profit (loss) | 9901 | €25,461 | €15,537 | -€9,924 | -39.0% |
| Financial income | 75/76B | €315 | €9 | -€306 | -97.2% |
| Recurring financial income | 75 | €315 | €9 | -€306 | -97.2% |
| Financial charges | 65/66B | €19,315 | €21,612 | +€2,297 | +11.9% |
| Recurring financial charges | 65 | €19,315 | €21,612 | +€2,297 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €6,461 | -€6,066 | -€12,527 | |
| Income taxes | 67/77 | €234 | €150 | -€83 | -35.6% |
| Profit (loss) for the period | 9904 | €6,228 | -€6,216 | -€12,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,228 | -€6,216 | -€12,444 |
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 10 October 2026 via checked.be.