Jarvis: 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.
Jarvis
Largest movements
- Tangible fixed assets -€12,730
down €12,730 (-70.5%), from €18,057 to €5,327
of which Leasing and similar rights: -€10,406
- Receivables within one year -€3,631
down €3,631 (-4.9%), from €73,917 to €70,286
of which Trade receivables: -€5,044
- Other debts -€8,631
down €8,631 (-25.4%), from €34,007 to €25,375
- Current portion of long-term debt -€5,967
down €5,967 (-100%), from €5,967 to €0
- Debts after one year -€5,245
down €5,245 (-100%), from €5,245 to €0
- Tax, wage and social debts +€2,977
up €2,977 (+317%), from €938 to €3,915
- Trade debts -€1,116
down €1,116 (-22.2%), from €5,019 to €3,903
- Gross operating margin -€12,881
down €12,881 (-24.4%), from €52,750 to €39,869
- Depreciation -€6,418
down €6,418 (-73.4%), from €8,742 to €2,324
- Financial charges +€4,653
up €4,653 (+1,755%), from €265 to €4,918
- Taxes -€2,722
down €2,722 (-27.2%), from €10,014 to €7,292
- Financial income +€839
up €839 (+59.8%), from €1,403 to €2,242
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.
Derived cash bridge
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 | €96,968 | €80,404 | -€16,563 | -17.1% |
| Fixed assets | 21/28 | €18,057 | €5,327 | -€12,730 | -70.5% |
| Tangible fixed assets | 22/27 | €18,057 | €5,327 | -€12,730 | -70.5% |
| Furniture and vehicles | 24 | €7,651 | €5,327 | -€2,324 | -30.4% |
| Leasing and similar rights | 25 | €10,406 | €0 | -€10,406 | -100% |
| Current assets | 29/58 | €78,910 | €75,077 | -€3,833 | -4.9% |
| Amounts receivable within one year | 40/41 | €73,917 | €70,286 | -€3,631 | -4.9% |
| Trade receivables | 40 | €27,187 | €22,143 | -€5,044 | -18.6% |
| Other amounts receivable | 41 | €46,731 | €48,143 | +€1,413 | +3.0% |
| Cash at bank and in hand | 54/58 | €362 | €71 | -€291 | -80.5% |
| Deferred charges and accrued income | 490/1 | €4,631 | €4,720 | +€89 | +1.9% |
| Total equity and liabilities | 10/49 | €96,968 | €80,404 | -€16,563 | -17.1% |
| Equity | 10/15 | €45,745 | €45,745 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €44,745 | €44,745 | = | 0.0% |
| Distributable reserves | 133 | €44,745 | €44,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,222 | €34,659 | -€16,563 | -32.3% |
| Amounts payable after more than one year | 17 | €5,245 | €0 | -€5,245 | -100% |
| Financial debts | 170/4 | €5,245 | €0 | -€5,245 | -100% |
| Amounts payable within one year | 42/48 | €45,931 | €34,088 | -€11,843 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €5,967 | €0 | -€5,967 | -100% |
| Financial debts | 43 | - | €895 | +€895 | |
| Credit institutions | 430/8 | - | €895 | +€895 | |
| Trade debts | 44 | €5,019 | €3,903 | -€1,116 | -22.2% |
| Suppliers | 440/4 | €5,019 | €3,903 | -€1,116 | -22.2% |
| Taxes, remuneration and social security | 45 | €938 | €3,915 | +€2,977 | +317% |
| Taxes | 450/3 | €938 | €3,915 | +€2,977 | +317% |
| Other amounts payable | 47/48 | €34,007 | €25,375 | -€8,631 | -25.4% |
| Accrued charges and deferred income | 492/3 | €46 | €571 | +€525 | +1,140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,742 | €2,324 | -€6,418 | -73.4% |
| Other operating charges | 640/8 | €1,125 | €676 | -€449 | -39.9% |
| Non-recurring operating charges | 66A | - | €1,526 | +€1,526 | |
| Gross operating margin | 9900 | €52,750 | €39,869 | -€12,881 | -24.4% |
| Operating profit (loss) | 9901 | €42,883 | €35,344 | -€7,539 | -17.6% |
| Financial income | 75/76B | €1,403 | €2,242 | +€839 | +59.8% |
| Recurring financial income | 75 | €1,403 | €2,242 | +€839 | +59.8% |
| Financial charges | 65/66B | €265 | €4,918 | +€4,653 | +1,755% |
| Recurring financial charges | 65 | €265 | €4,918 | +€4,653 | +1,755% |
| Profit (loss) for the period before taxes | 9903 | €44,021 | €32,667 | -€11,353 | -25.8% |
| Income taxes | 67/77 | €10,014 | €7,292 | -€2,722 | -27.2% |
| Profit (loss) for the period | 9904 | €34,007 | €25,375 | -€8,631 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,007 | €25,375 | -€8,631 | -25.4% |
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 18 October 2026 via checked.be.