Jarviss: 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.
What changed
Jarviss
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€388,286
2024 · €680,435-€1.1m
Equity
€120,299
2024 · €508,586-€388,286
Cash
€492,894
2024 · €305,158+€187,736
Balance sheet total
€5.5m
2024 · €6.7m-€1.1m
Largest movements
Assets
- Receivables within one year -€2.0m
down €2.0m (-34.0%), from €5.9m to €3.9m
of which Trade receivables: -€2.1m
- Deferred charges and accrued income +€572,925
up €572,925 (+279%), from €205,090 to €778,016
- Cash +€187,736
up €187,736 (+61.5%), from €305,158 to €492,894
mainly Receivables within one year (+€2.0m) and Accrued charges and deferred income (+€684,953)
- Tangible fixed assets +€76,748
up €76,748 (+73.1%), from €105,058 to €181,806
of which Plant, machinery and equipment: +€50,841
Equity and liabilities
- Trade debts -€1.1m
down €1.1m (-26.5%), from €4.3m to €3.1m
- Accrued charges and deferred income +€684,953
up €684,953 (+138%), from €497,583 to €1.2m
- Other debts -€500,000
down €500,000 (-83.3%), from €600,000 to €100,000
- Short-term financial debts +€366,346
up €366,346 (+3,588%), from €10,211 to €376,557
of which Credit institutions: +€367,278
- Profit (loss) carried forward -€334,493
down €334,493, from €0 to -€334,493
Income statement
- Staff costs +€1.1m
up €1.1m (+77.9%), from €1.4m to €2.6m
- Services and other goods +€854,576
up €854,576 (+41.7%), from €2.0m to €2.9m
- Goods and materials -€521,246
down €521,246 (-5.7%), from €9.1m to €8.6m
- Taxes -€274,020
down €274,020 (-98.1%), from €279,328 to €5,308
of which Taxes: -€275,919
- Turnover -€152,009
down €152,009 (-1.1%), from €13.7m to €13.6m
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.
Result 2024
€680,435
Turnover
-€152,009
Other operating income
+€112,778
Goods and materials
+€521,246
Services and other goods
-€854,576
Staff costs
-€1.1m
Depreciation
+€18,215
Other operating charges
-€6,294
Financial income
+€147,269
Financial charges
-€3,089
Taxes
+€274,020
Result 2025
-€388,286
raises the resultlowers the result
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.
From operations
+€178,658
Investment
-€192,584
Financing
+€201,662
Cash 2024
€305,158
From operations (derived)
+€178,658
Net result for the year
-€388,286
Depreciation
+€72,075
Stocks and contracts
+€27,624
Receivables within one year
+€2.0m
Deferred charges and accrued income
-€572,925
Trade debts
-€1.1m
Tax, wage and social debts
-€15,524
Other debts
-€500,000
Accrued charges and deferred income
+€684,953
Investment (derived)
-€192,584
Investment in fixed assets (net)
-€192,584
Financing
+€201,662
Debts after one year
-€7,928
Current portion of long-term debt
-€156,757
Short-term financial debts
+€366,346
Cash 2025
€492,894
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,660,681 | €5,514,435 | -€1.1m | -17.2% |
| Formation expenses | 20 | €1,775 | €0 | -€1,775 | -100% |
| Fixed assets | 21/28 | €236,815 | €359,098 | +€122,284 | +51.6% |
| Intangible fixed assets | 21 | €57,887 | €85,743 | +€27,856 | +48.1% |
| Tangible fixed assets | 22/27 | €105,058 | €181,806 | +€76,748 | +73.1% |
| Plant, machinery and equipment | 23 | €48,391 | €99,233 | +€50,841 | +105% |
| Furniture and vehicles | 24 | €56,667 | €82,573 | +€25,906 | +45.7% |
| Financial fixed assets | 28 | €73,870 | €91,550 | +€17,680 | +23.9% |
| Other financial fixed assets | 284/8 | €73,870 | €91,550 | +€17,680 | +23.9% |
| Amounts receivable and cash guarantees | 285/8 | €73,870 | €91,550 | +€17,680 | +23.9% |
| Current assets | 29/58 | €6,422,092 | €5,155,337 | -€1.3m | -19.7% |
| Stocks and contracts in progress | 3 | €27,624 | €0 | -€27,624 | -100% |
| Stocks | 30/36 | €27,624 | €0 | -€27,624 | -100% |
| Goods purchased for resale | 34 | €27,624 | €0 | -€27,624 | -100% |
| Amounts receivable within one year | 40/41 | €5,884,219 | €3,884,427 | -€2.0m | -34.0% |
| Trade receivables | 40 | €5,805,533 | €3,666,618 | -€2.1m | -36.8% |
| Other amounts receivable | 41 | €78,686 | €217,809 | +€139,123 | +177% |
| Cash at bank and in hand | 54/58 | €305,158 | €492,894 | +€187,736 | +61.5% |
| Deferred charges and accrued income | 490/1 | €205,090 | €778,016 | +€572,925 | +279% |
| Total equity and liabilities | 10/49 | €6,660,681 | €5,514,435 | -€1.1m | -17.2% |
| Equity | 10/15 | €508,586 | €120,299 | -€388,286 | -76.3% |
| Contributions | 10/11 | €413,552 | €413,552 | = | 0.0% |
| Capital | 10 | €412,400 | €412,400 | = | 0.0% |
| Issued capital | 100 | €412,400 | €412,400 | = | 0.0% |
| Contributions outside capital | 11 | €1,152 | €1,152 | = | 0.0% |
| Share premium | 1100/10 | €1,152 | €1,152 | = | 0.0% |
| Reserves | 13 | €95,034 | €41,240 | -€53,794 | -56.6% |
| Non-distributable reserves | 130/1 | €41,240 | €41,240 | = | 0.0% |
| Legal reserve | 130 | €41,240 | €41,240 | = | 0.0% |
| Distributable reserves | 133 | €53,794 | €0 | -€53,794 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€334,493 | -€334,493 | |
| Amounts payable | 17/49 | €6,152,095 | €5,394,136 | -€757,960 | -12.3% |
| Amounts payable after more than one year | 17 | €8,602 | €675 | -€7,928 | -92.2% |
| Financial debts | 170/4 | €8,602 | €675 | -€7,928 | -92.2% |
| Credit institutions | 173 | €8,602 | €675 | -€7,928 | -92.2% |
| Amounts payable within one year | 42/48 | €5,645,910 | €4,210,925 | -€1.4m | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €164,659 | €7,902 | -€156,757 | -95.2% |
| Financial debts | 43 | €10,211 | €376,557 | +€366,346 | +3,588% |
| Credit institutions | 430/8 | - | €367,278 | +€367,278 | |
| Other loans | 439 | €10,211 | €9,279 | -€932 | -9.1% |
| Trade debts | 44 | €4,256,545 | €3,127,495 | -€1.1m | -26.5% |
| Suppliers | 440/4 | €4,256,545 | €3,127,495 | -€1.1m | -26.5% |
| Taxes, remuneration and social security | 45 | €614,495 | €598,971 | -€15,524 | -2.5% |
| Taxes | 450/3 | €238,590 | €47,619 | -€190,971 | -80.0% |
| Remuneration and social security | 454/9 | €375,905 | €551,352 | +€175,447 | +46.7% |
| Other amounts payable | 47/48 | €600,000 | €100,000 | -€500,000 | -83.3% |
| Accrued charges and deferred income | 492/3 | €497,583 | €1,182,536 | +€684,953 | +138% |
| Operating income | 70/76A | €13,733,119 | €13,693,888 | -€39,231 | -0.3% |
| Turnover | 70 | €13,702,489 | €13,550,480 | -€152,009 | -1.1% |
| Other operating income | 74 | €30,630 | €143,408 | +€112,778 | +368% |
| Operating charges | 60/66A | €12,720,866 | €14,168,557 | +€1.4m | +11.4% |
| Goods for resale, raw materials and consumables | 60 | €9,132,591 | €8,611,344 | -€521,246 | -5.7% |
| Purchases | 600/8 | €9,132,591 | €8,611,344 | -€521,246 | -5.7% |
| Services and other goods | 61 | €2,049,693 | €2,904,269 | +€854,576 | +41.7% |
| Remuneration, social security and pensions | 62 | €1,446,559 | €2,572,841 | +€1.1m | +77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,290 | €72,075 | -€18,215 | -20.2% |
| Other operating charges | 640/8 | €1,734 | €8,028 | +€6,294 | +363% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,012,253 | -€474,669 | -€1.5m | |
| Financial income | 75/76B | €54,826 | €202,095 | +€147,269 | +269% |
| Recurring financial income | 75 | €54,826 | €202,095 | +€147,269 | +269% |
| Income from current assets | 751 | €2,332 | €912 | -€1,420 | -60.9% |
| Other financial income | 752/9 | €52,493 | €201,183 | +€148,689 | +283% |
| Financial charges | 65/66B | €107,315 | €110,404 | +€3,089 | +2.9% |
| Recurring financial charges | 65 | €107,315 | €110,404 | +€3,089 | +2.9% |
| Debt charges | 650 | €15,419 | €51,350 | +€35,931 | +233% |
| Other financial charges | 652/9 | €91,896 | €59,055 | -€32,841 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €959,763 | -€382,979 | -€1.3m | |
| Income taxes | 67/77 | €279,328 | €5,308 | -€274,020 | -98.1% |
| Taxes | 670/3 | €281,226 | €5,308 | -€275,919 | -98.1% |
| Tax adjustments and reversals of tax provisions | 77 | €1,898 | €0 | -€1,898 | -100% |
| Profit (loss) for the period | 9904 | €680,435 | -€388,286 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €680,435 | -€388,286 | -€1.1m |
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 15 October 2026 via checked.be.