JarvisTech: 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.
JarvisTech
Largest movements
- Tangible fixed assets -€18,235
down €18,235 (-27.5%), from €66,199 to €47,964
of which Furniture and vehicles: -€14,765
- Cash -€15,845
down €15,845 (-31.9%), from €49,616 to €33,770
mainly Contributions, distributions and other (-€90,000) and Other debts (-€395)
- Receivables within one year -€2,977
down €2,977 (-25.3%), from €11,769 to €8,792
of which Other amounts receivable: -€1,777
- Profit (loss) carried forward -€41,318
down €41,318 (-37.9%), from €109,053 to €67,734
- Tax, wage and social debts +€3,835
up €3,835 (+66.7%), from €5,752 to €9,587
- Gross operating margin +€21,535
up €21,535 (+34.4%), from €62,607 to €84,142
- Taxes +€4,803
up €4,803 (+39.8%), from €12,078 to €16,880
- Depreciation +€1,991
up €1,991 (+12.3%), from €16,244 to €18,235
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 | €130,158 | €91,922 | -€38,236 | -29.4% |
| Fixed assets | 21/28 | €66,199 | €47,964 | -€18,235 | -27.5% |
| Tangible fixed assets | 22/27 | €66,199 | €47,964 | -€18,235 | -27.5% |
| Plant, machinery and equipment | 23 | €14,909 | €11,438 | -€3,471 | -23.3% |
| Furniture and vehicles | 24 | €51,290 | €36,526 | -€14,765 | -28.8% |
| Current assets | 29/58 | €63,960 | €43,959 | -€20,001 | -31.3% |
| Amounts receivable within one year | 40/41 | €11,769 | €8,792 | -€2,977 | -25.3% |
| Trade receivables | 40 | €9,992 | €8,792 | -€1,200 | -12.0% |
| Other amounts receivable | 41 | €1,777 | €0 | -€1,777 | -100.0% |
| Cash at bank and in hand | 54/58 | €49,616 | €33,770 | -€15,845 | -31.9% |
| Deferred charges and accrued income | 490/1 | €2,575 | €1,397 | -€1,179 | -45.8% |
| Total equity and liabilities | 10/49 | €130,158 | €91,922 | -€38,236 | -29.4% |
| Equity | 10/15 | €112,053 | €70,734 | -€41,318 | -36.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,053 | €67,734 | -€41,318 | -37.9% |
| Amounts payable | 17/49 | €18,106 | €21,188 | +€3,082 | +17.0% |
| Amounts payable within one year | 42/48 | €18,106 | €21,188 | +€3,082 | +17.0% |
| Trade debts | 44 | €671 | €313 | -€358 | -53.4% |
| Suppliers | 440/4 | €671 | €313 | -€358 | -53.4% |
| Taxes, remuneration and social security | 45 | €5,752 | €9,587 | +€3,835 | +66.7% |
| Taxes | 450/3 | €5,752 | €9,587 | +€3,835 | +66.7% |
| Other amounts payable | 47/48 | €11,683 | €11,288 | -€395 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,244 | €18,235 | +€1,991 | +12.3% |
| Other operating charges | 640/8 | €185 | €129 | -€56 | -30.2% |
| Gross operating margin | 9900 | €62,607 | €84,142 | +€21,535 | +34.4% |
| Operating profit (loss) | 9901 | €46,178 | €65,778 | +€19,600 | +42.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €253 | €216 | -€36 | -14.4% |
| Recurring financial charges | 65 | €253 | €216 | -€36 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €45,926 | €65,562 | +€19,636 | +42.8% |
| Income taxes | 67/77 | €12,078 | €16,880 | +€4,803 | +39.8% |
| Profit (loss) for the period | 9904 | €33,848 | €48,682 | +€14,834 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,848 | €48,682 | +€14,834 | +43.8% |
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 2 October 2026 via checked.be.