JAEVA: 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.
JAEVA
Largest movements
- Stocks and contracts -€21,959
down €21,959 (-57.0%), from €38,539 to €16,580
- Cash +€14,637
up €14,637 (+46.9%), from €31,184 to €45,820
mainly Stocks and contracts (+€21,959) and Receivables within one year (+€8,715)
- Receivables within one year -€8,715
down €8,715 (-63.6%), from €13,698 to €4,983
of which Trade receivables: -€10,229
- Tangible fixed assets +€1,448
new in 2025: €1,448
- Trade debts -€18,612
down €18,612 (-95.1%), from €19,579 to €967
- Tax, wage and social debts +€2,890
up €2,890 (+45.1%), from €6,406 to €9,296
of which Remuneration and social security: +€6,064
- Gross operating margin -€59,217
down €59,217 (-95.6%), from €61,969 to €2,752
- Staff costs -€47,952
no longer reported in 2025 (was €47,952)
- Other operating charges -€6,312
down €6,312 (-93.4%), from €6,757 to €445
- Depreciation -€3,833
down €3,833 (-94.4%), from €4,061 to €228
- Taxes +€731
new in 2025: €731
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 | €84,142 | €68,891 | -€15,251 | -18.1% |
| Fixed assets | 21/28 | €653 | €1,448 | +€796 | +121.9% |
| Tangible fixed assets | 22/27 | - | €1,448 | +€1,448 | |
| Plant, machinery and equipment | 23 | - | €1,448 | +€1,448 | |
| Financial fixed assets | 28 | €653 | - | -€653 | |
| Current assets | 29/58 | €83,489 | €67,443 | -€16,046 | -19.2% |
| Stocks and contracts in progress | 3 | €38,539 | €16,580 | -€21,959 | -57.0% |
| Stocks | 30/36 | €38,539 | €16,580 | -€21,959 | -57.0% |
| Amounts receivable within one year | 40/41 | €13,698 | €4,983 | -€8,715 | -63.6% |
| Trade receivables | 40 | €12,352 | €2,123 | -€10,229 | -82.8% |
| Other amounts receivable | 41 | €1,346 | €2,860 | +€1,513 | +112.4% |
| Cash at bank and in hand | 54/58 | €31,184 | €45,820 | +€14,637 | +46.9% |
| Deferred charges and accrued income | 490/1 | €68 | €60 | -€8 | -12.1% |
| Total equity and liabilities | 10/49 | €84,142 | €68,891 | -€15,251 | -18.1% |
| Equity | 10/15 | €34,101 | €34,572 | +€471 | +1.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €546 | €546 | = | 0.0% |
| Non-distributable reserves | 130/1 | €546 | €546 | = | 0.0% |
| Reserves not available under the articles | 1311 | €546 | €546 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,555 | €9,025 | +€471 | +5.5% |
| Amounts payable | 17/49 | €50,041 | €34,320 | -€15,722 | -31.4% |
| Amounts payable within one year | 42/48 | €50,041 | €34,320 | -€15,722 | -31.4% |
| Trade debts | 44 | €19,579 | €967 | -€18,612 | -95.1% |
| Suppliers | 440/4 | €19,579 | €967 | -€18,612 | -95.1% |
| Taxes, remuneration and social security | 45 | €6,406 | €9,296 | +€2,890 | +45.1% |
| Taxes | 450/3 | €4,732 | €1,559 | -€3,173 | -67.1% |
| Remuneration and social security | 454/9 | €1,674 | €7,738 | +€6,064 | +362.2% |
| Other amounts payable | 47/48 | €24,057 | €24,057 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €47,952 | - | -€47,952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,061 | €228 | -€3,833 | -94.4% |
| Other operating charges | 640/8 | €6,757 | €445 | -€6,312 | -93.4% |
| Gross operating margin | 9900 | €61,969 | €2,752 | -€59,217 | -95.6% |
| Operating profit (loss) | 9901 | €3,199 | €2,079 | -€1,120 | -35.0% |
| Financial charges | 65/66B | €1,316 | €877 | -€439 | -33.4% |
| Recurring financial charges | 65 | €1,316 | €877 | -€439 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €1,883 | €1,202 | -€681 | -36.2% |
| Income taxes | 67/77 | - | €731 | +€731 | |
| Profit (loss) for the period | 9904 | €1,883 | €471 | -€1,412 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,883 | €471 | -€1,412 | -75.0% |
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 1 October 2026 via checked.be.