JUWIN-S: 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.
JUWIN-S
Largest movements
- Receivables within one year -€25,226
down €25,226 (-45.7%), from €55,231 to €30,005
of which Trade receivables: -€25,201
- Stocks and contracts +€10,500
up €10,500 (+40.3%), from €26,082 to €36,582
- Cash +€6,262
up €6,262 (+61.6%), from €10,172 to €16,434
mainly Receivables within one year (+€25,226) and Net result for the year (+€595)
- Accrued charges and deferred income -€8,721
down €8,721 (-100.0%), from €8,721 to €0
- Staff costs +€2,951
up €2,951 (+4.2%), from €69,776 to €72,727
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 | €92,597 | €83,775 | -€8,823 | -9.5% |
| Fixed assets | 21/28 | €1,113 | €753 | -€359 | -32.3% |
| Tangible fixed assets | 22/27 | €1,113 | €753 | -€359 | -32.3% |
| Plant, machinery and equipment | 23 | €1,113 | €753 | -€359 | -32.3% |
| Current assets | 29/58 | €91,485 | €83,021 | -€8,463 | -9.3% |
| Stocks and contracts in progress | 3 | €26,082 | €36,582 | +€10,500 | +40.3% |
| Contracts in progress | 37 | €26,082 | €36,582 | +€10,500 | +40.3% |
| Amounts receivable within one year | 40/41 | €55,231 | €30,005 | -€25,226 | -45.7% |
| Trade receivables | 40 | €55,163 | €29,962 | -€25,201 | -45.7% |
| Other amounts receivable | 41 | €68 | €43 | -€24 | -36.0% |
| Cash at bank and in hand | 54/58 | €10,172 | €16,434 | +€6,262 | +61.6% |
| Total equity and liabilities | 10/49 | €92,597 | €83,775 | -€8,823 | -9.5% |
| Equity | 10/15 | €51,600 | €52,194 | +€595 | +1.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €21,600 | €22,194 | +€595 | +2.8% |
| Distributable reserves | 133 | €21,600 | €22,194 | +€595 | +2.8% |
| Amounts payable | 17/49 | €40,997 | €31,580 | -€9,417 | -23.0% |
| Amounts payable within one year | 42/48 | €32,277 | €31,580 | -€696 | -2.2% |
| Trade debts | 44 | €7,087 | €7,306 | +€219 | +3.1% |
| Suppliers | 440/4 | €7,087 | €7,306 | +€219 | +3.1% |
| Taxes, remuneration and social security | 45 | €25,190 | €24,274 | -€916 | -3.6% |
| Taxes | 450/3 | €6,581 | €4,122 | -€2,459 | -37.4% |
| Remuneration and social security | 454/9 | €18,609 | €20,152 | +€1,543 | +8.3% |
| Accrued charges and deferred income | 492/3 | €8,721 | €0 | -€8,721 | -100.0% |
| Remuneration, social security and pensions | 62 | €69,776 | €72,727 | +€2,951 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359 | €359 | = | 0.0% |
| Other operating charges | 640/8 | €349 | €758 | +€410 | +117.5% |
| Gross operating margin | 9900 | €75,619 | €75,465 | -€154 | -0.2% |
| Operating profit (loss) | 9901 | €5,136 | €1,621 | -€3,514 | -68.4% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €46 | €79 | +€33 | +72.4% |
| Recurring financial charges | 65 | €46 | €79 | +€33 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €5,105 | €1,542 | -€3,564 | -69.8% |
| Income taxes | 67/77 | €1,581 | €947 | -€633 | -40.1% |
| Profit (loss) for the period | 9904 | €3,525 | €595 | -€2,930 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,525 | €595 | -€2,930 | -83.1% |
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.