JUWIMA: 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.
JUWIMA
Largest movements
- Tangible fixed assets +€179,666
up €179,666 (+14.8%), from €1.2m to €1.4m
of which Land and buildings: +€173,129
- Receivables within one year +€38,445
up €38,445 (+78.9%), from €48,750 to €87,196
of which Trade receivables: +€37,538
- Debts after one year +€137,174
up €137,174 (+14.4%), from €950,157 to €1.1m
- Reserves +€44,000
up €44,000 (+88.2%), from €49,900 to €93,900
- Other debts +€28,391
up €28,391 (+51.4%), from €55,216 to €83,607
- Tax, wage and social debts -€23,002
down €23,002 (-43.3%), from €53,088 to €30,086
- Current portion of long-term debt +€16,467
up €16,467 (+18.9%), from €86,943 to €103,409
- Gross operating margin -€29,561
down €29,561 (-13.0%), from €226,975 to €197,415
- Other operating charges +€25,804
up €25,804 (+287.1%), from €8,987 to €34,791
- Taxes -€14,686
down €14,686 (-45.4%), from €32,384 to €17,698
- Depreciation +€8,514
up €8,514 (+13.8%), from €61,517 to €70,032
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,299,172 | €1,505,902 | +€206,730 | +15.9% |
| Fixed assets | 21/28 | €1,213,937 | €1,393,603 | +€179,666 | +14.8% |
| Tangible fixed assets | 22/27 | €1,212,062 | €1,391,728 | +€179,666 | +14.8% |
| Land and buildings | 22 | €1,127,166 | €1,300,295 | +€173,129 | +15.4% |
| Plant, machinery and equipment | 23 | €69,016 | €63,701 | -€5,315 | -7.7% |
| Furniture and vehicles | 24 | €15,880 | €27,732 | +€11,852 | +74.6% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €85,235 | €112,299 | +€27,064 | +31.8% |
| Amounts receivable within one year | 40/41 | €48,750 | €87,196 | +€38,445 | +78.9% |
| Trade receivables | 40 | €48,750 | €86,289 | +€37,538 | +77.0% |
| Other amounts receivable | 41 | - | €907 | +€907 | |
| Cash at bank and in hand | 54/58 | €34,070 | €22,740 | -€11,330 | -33.3% |
| Deferred charges and accrued income | 490/1 | €2,414 | €2,364 | -€51 | -2.1% |
| Total equity and liabilities | 10/49 | €1,299,172 | €1,505,902 | +€206,730 | +15.9% |
| Equity | 10/15 | €138,517 | €182,623 | +€44,106 | +31.8% |
| Contributions | 10/11 | €88,600 | €88,600 | = | 0.0% |
| Reserves | 13 | €49,900 | €93,900 | +€44,000 | +88.2% |
| Distributable reserves | 133 | €49,900 | €93,900 | +€44,000 | +88.2% |
| Profit (loss) carried forward | 14 | €17 | €123 | +€106 | +608.5% |
| Amounts payable | 17/49 | €1,160,655 | €1,323,278 | +€162,624 | +14.0% |
| Amounts payable after more than one year | 17 | €950,157 | €1,087,331 | +€137,174 | +14.4% |
| Financial debts | 170/4 | €950,157 | €1,087,331 | +€137,174 | +14.4% |
| Amounts payable within one year | 42/48 | €206,297 | €225,191 | +€18,895 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €86,943 | €103,409 | +€16,467 | +18.9% |
| Trade debts | 44 | €11,050 | €8,089 | -€2,961 | -26.8% |
| Suppliers | 440/4 | €11,050 | €8,089 | -€2,961 | -26.8% |
| Taxes, remuneration and social security | 45 | €53,088 | €30,086 | -€23,002 | -43.3% |
| Taxes | 450/3 | €53,088 | €30,086 | -€23,002 | -43.3% |
| Other amounts payable | 47/48 | €55,216 | €83,607 | +€28,391 | +51.4% |
| Accrued charges and deferred income | 492/3 | €4,201 | €10,756 | +€6,555 | +156.0% |
| Non-recurring operating income | 76A | - | €3,258 | +€3,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,517 | €70,032 | +€8,514 | +13.8% |
| Other operating charges | 640/8 | €8,987 | €34,791 | +€25,804 | +287.1% |
| Gross operating margin | 9900 | €226,975 | €197,415 | -€29,561 | -13.0% |
| Operating profit (loss) | 9901 | €156,471 | €92,592 | -€63,879 | -40.8% |
| Financial income | 75/76B | €38 | €248 | +€210 | +552.7% |
| Recurring financial income | 75 | €38 | €248 | +€210 | +552.7% |
| Financial charges | 65/66B | €29,398 | €31,036 | +€1,638 | +5.6% |
| Recurring financial charges | 65 | €29,398 | €31,036 | +€1,638 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €127,111 | €61,804 | -€65,307 | -51.4% |
| Income taxes | 67/77 | €32,384 | €17,698 | -€14,686 | -45.4% |
| Profit (loss) for the period | 9904 | €94,727 | €44,106 | -€50,621 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,727 | €44,106 | -€50,621 | -53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.