JUWI: 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.
JUWI
Largest movements
- Tangible fixed assets +€126,579
up €126,579 (+11039.5%), from €1,147 to €127,726
of which Land and buildings: +€113,759
- Cash +€37,079
up €37,079 (+16.0%), from €231,045 to €268,124
mainly Net result for the year (+€102,476) and Debts after one year (+€85,750)
- Receivables within one year -€17,299
down €17,299 (-94.8%), from €18,255 to €956
of which Trade receivables: -€17,585
- Profit (loss) carried forward +€102,476
up €102,476 (+68.2%), from €150,221 to €252,698
- Debts after one year +€85,750
new in 2025: €85,750
- Tax, wage and social debts -€27,299
down €27,299 (-75.6%), from €36,105 to €8,805
- Trade debts -€15,990
down €15,990 (-28.5%), from €56,031 to €40,041
of which Suppliers: -€10,830
- Current portion of long-term debt +€4,716
new in 2025: €4,716
- Taxes -€8,670
down €8,670 (-28.0%), from €31,008 to €22,338
- Gross operating margin +€6,747
up €6,747 (+5.5%), from €123,220 to €129,967
- Financial charges -€6,589
down €6,589 (-81.2%), from €8,110 to €1,521
- Other operating charges +€1,532
new in 2025: €1,532
- Depreciation +€1,473
up €1,473 (+235.1%), from €626 to €2,099
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 | €250,447 | €396,805 | +€146,359 | +58.4% |
| Fixed assets | 21/28 | €1,147 | €127,726 | +€126,579 | +11039.5% |
| Tangible fixed assets | 22/27 | €1,147 | €127,726 | +€126,579 | +11039.5% |
| Land and buildings | 22 | - | €113,759 | +€113,759 | |
| Plant, machinery and equipment | 23 | €1,147 | €520 | -€626 | -54.6% |
| Furniture and vehicles | 24 | - | €13,446 | +€13,446 | |
| Current assets | 29/58 | €249,300 | €269,079 | +€19,779 | +7.9% |
| Amounts receivable within one year | 40/41 | €18,255 | €956 | -€17,299 | -94.8% |
| Trade receivables | 40 | €18,255 | €670 | -€17,585 | -96.3% |
| Other amounts receivable | 41 | - | €285 | +€285 | |
| Cash at bank and in hand | 54/58 | €231,045 | €268,124 | +€37,079 | +16.0% |
| Total equity and liabilities | 10/49 | €250,447 | €396,805 | +€146,359 | +58.4% |
| Equity | 10/15 | €152,221 | €254,698 | +€102,476 | +67.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,221 | €252,698 | +€102,476 | +68.2% |
| Amounts payable | 17/49 | €98,225 | €142,107 | +€43,882 | +44.7% |
| Amounts payable after more than one year | 17 | - | €85,750 | +€85,750 | |
| Financial debts | 170/4 | - | €85,750 | +€85,750 | |
| Amounts payable within one year | 42/48 | €98,225 | €56,357 | -€41,868 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,716 | +€4,716 | |
| Trade debts | 44 | €56,031 | €40,041 | -€15,990 | -28.5% |
| Suppliers | 440/4 | €10,926 | €95 | -€10,830 | -99.1% |
| Bills of exchange payable | 441 | €45,106 | €39,946 | -€5,160 | -11.4% |
| Taxes, remuneration and social security | 45 | €36,105 | €8,805 | -€27,299 | -75.6% |
| Taxes | 450/3 | €36,105 | €8,805 | -€27,299 | -75.6% |
| Other amounts payable | 47/48 | €6,089 | €2,794 | -€3,295 | -54.1% |
| Remuneration, social security and pensions | 62 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €2,099 | +€1,473 | +235.1% |
| Other operating charges | 640/8 | - | €1,532 | +€1,532 | |
| Gross operating margin | 9900 | €123,220 | €129,967 | +€6,747 | +5.5% |
| Operating profit (loss) | 9901 | €122,530 | €126,336 | +€3,805 | +3.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €8,110 | €1,521 | -€6,589 | -81.2% |
| Recurring financial charges | 65 | €8,110 | €1,521 | -€6,589 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €114,425 | €124,815 | +€10,390 | +9.1% |
| Income taxes | 67/77 | €31,008 | €22,338 | -€8,670 | -28.0% |
| Profit (loss) for the period | 9904 | €83,417 | €102,476 | +€19,059 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,417 | €102,476 | +€19,059 | +22.8% |
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 6 October 2026 via checked.be.