JAV: 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.
JAV
Largest movements
- Cash +€13,928
up €13,928 (+475%), from €2,933 to €16,862
mainly Receivables within one year (+€12,652) and Other debts (+€10,500)
- Receivables within one year -€12,652
down €12,652 (-90.2%), from €14,028 to €1,376
- Deferred charges and accrued income +€767
up €767 (+121%), from €637 to €1,404
- Formation expenses -€246
down €246 (-25.0%), from €983 to €737
- Contributions -€17,100
down €17,100 (-91.9%), from €18,600 to €1,500
- Other debts +€10,500
new in 2025: €10,500
- Tax, wage and social debts +€5,628
up €5,628 (+303%), from €1,855 to €7,483
of which Remuneration and social security: +€6,786
- Profit (loss) carried forward +€4,774
up €4,774 (+53.8%), from -€8,867 to -€4,092
- Trade debts -€2,005
down €2,005 (-28.4%), from €7,060 to €5,056
- Gross operating margin +€64,976
up €64,976 (+1,444%), from €4,501 to €69,477
- Staff costs +€56,628
up €56,628 (+732%), from €7,738 to €64,366
- Financial income -€2,000
no longer reported in 2025 (was €2,000)
- Financial charges -€1,024
down €1,024 (-94.3%), from €1,086 to €62
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 | €18,648 | €20,446 | +€1,798 | +9.6% |
| Formation expenses | 20 | €983 | €737 | -€246 | -25.0% |
| Fixed assets | 21/28 | €67 | €67 | = | 0.0% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €17,598 | €19,642 | +€2,044 | +11.6% |
| Amounts receivable within one year | 40/41 | €14,028 | €1,376 | -€12,652 | -90.2% |
| Trade receivables | 40 | €14,028 | €1,376 | -€12,652 | -90.2% |
| Cash at bank and in hand | 54/58 | €2,933 | €16,862 | +€13,928 | +475% |
| Deferred charges and accrued income | 490/1 | €637 | €1,404 | +€767 | +121% |
| Total equity and liabilities | 10/49 | €18,648 | €20,446 | +€1,798 | +9.6% |
| Equity | 10/15 | €9,733 | -€2,592 | -€12,326 | |
| Contributions | 10/11 | €18,600 | €1,500 | -€17,100 | -91.9% |
| Profit (loss) carried forward | 14 | -€8,867 | -€4,092 | +€4,774 | +53.8% |
| Amounts payable | 17/49 | €8,915 | €23,038 | +€14,123 | +158% |
| Amounts payable within one year | 42/48 | €8,915 | €23,038 | +€14,123 | +158% |
| Trade debts | 44 | €7,060 | €5,056 | -€2,005 | -28.4% |
| Suppliers | 440/4 | €7,060 | €5,056 | -€2,005 | -28.4% |
| Taxes, remuneration and social security | 45 | €1,855 | €7,483 | +€5,628 | +303% |
| Taxes | 450/3 | €1,855 | €696 | -€1,158 | -62.5% |
| Remuneration and social security | 454/9 | - | €6,786 | +€6,786 | |
| Other amounts payable | 47/48 | - | €10,500 | +€10,500 | |
| Remuneration, social security and pensions | 62 | €7,738 | €64,366 | +€56,628 | +732% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | - | -€246 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €246 | +€246 | |
| Gross operating margin | 9900 | €4,501 | €69,477 | +€64,976 | +1,444% |
| Operating profit (loss) | 9901 | -€3,483 | €4,864 | +€8,348 | |
| Financial income | 75/76B | €2,000 | - | -€2,000 | |
| Recurring financial income | 75 | €2,000 | - | -€2,000 | |
| Financial charges | 65/66B | €1,086 | €62 | -€1,024 | -94.3% |
| Recurring financial charges | 65 | €1,086 | €62 | -€1,024 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,570 | €4,802 | +€7,372 | |
| Income taxes | 67/77 | - | €28 | +€28 | |
| Profit (loss) for the period | 9904 | -€2,570 | €4,774 | +€7,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,570 | €4,774 | +€7,344 |
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 14 October 2026 via checked.be.