JAVA-Invest: 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.
JAVA-Invest
Largest movements
- Tangible fixed assets +€10,403
up €10,403 (+1.3%), from €830,606 to €841,009
of which Land and buildings: +€11,123
- Cash -€9,681
down €9,681 (-42.3%), from €22,869 to €13,189
mainly Investment in fixed assets (net) (-€44,800) and Net result for the year (-€31,982)
- Debts after one year +€33,246
up €33,246 (+10.1%), from €329,261 to €362,507
- Profit (loss) carried forward -€29,475
down €29,475 (-16.9%), from -€174,407 to -€203,882
- Gross operating margin -€2,653
down €2,653 (-8.2%), from €32,544 to €29,890
- Depreciation -€1,929
down €1,929 (-5.3%), from €36,326 to €34,397
- Other operating charges -€366
down €366 (-5.8%), from €6,266 to €5,900
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 | €856,619 | €857,111 | +€492 | +0.1% |
| Fixed assets | 21/28 | €830,606 | €841,009 | +€10,403 | +1.3% |
| Tangible fixed assets | 22/27 | €830,606 | €841,009 | +€10,403 | +1.3% |
| Land and buildings | 22 | €827,352 | €838,474 | +€11,123 | +1.3% |
| Plant, machinery and equipment | 23 | €3,255 | €2,535 | -€720 | -22.1% |
| Current assets | 29/58 | €26,013 | €16,102 | -€9,911 | -38.1% |
| Amounts receivable within one year | 40/41 | €1,917 | €2,442 | +€525 | +27.4% |
| Other amounts receivable | 41 | €1,917 | €2,442 | +€525 | +27.4% |
| Cash at bank and in hand | 54/58 | €22,869 | €13,189 | -€9,681 | -42.3% |
| Deferred charges and accrued income | 490/1 | €1,226 | €471 | -€755 | -61.6% |
| Total equity and liabilities | 10/49 | €856,619 | €857,111 | +€492 | +0.1% |
| Equity | 10/15 | €485,918 | €455,608 | -€30,311 | -6.2% |
| Contributions | 10/11 | €518,700 | €518,700 | = | 0.0% |
| Outside capital | 11 | €518,700 | €518,700 | = | 0.0% |
| Other | 1109/19 | €518,700 | €518,700 | = | 0.0% |
| Reserves | 13 | €141,625 | €140,789 | -€836 | -0.6% |
| Non-distributable reserves | 130/1 | €4,161 | €4,161 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,161 | €4,161 | = | 0.0% |
| Tax-exempt reserves | 132 | €61,010 | €60,174 | -€836 | -1.4% |
| Distributable reserves | 133 | €76,455 | €76,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,407 | -€203,882 | -€29,475 | -16.9% |
| Provisions and deferred taxes | 16 | €15,879 | €13,372 | -€2,507 | -15.8% |
| Deferred taxes | 168 | €15,879 | €13,372 | -€2,507 | -15.8% |
| Amounts payable | 17/49 | €354,821 | €388,132 | +€33,310 | +9.4% |
| Amounts payable after more than one year | 17 | €329,261 | €362,507 | +€33,246 | +10.1% |
| Financial debts | 170/4 | €329,261 | €362,507 | +€33,246 | +10.1% |
| Amounts payable within one year | 42/48 | €8,157 | €7,887 | -€270 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €6,494 | €6,754 | +€259 | +4.0% |
| Trade debts | 44 | €947 | €1,133 | +€186 | +19.6% |
| Suppliers | 440/4 | €947 | €1,133 | +€186 | +19.6% |
| Other amounts payable | 47/48 | €716 | €0 | -€716 | -100.0% |
| Accrued charges and deferred income | 492/3 | €17,403 | €17,738 | +€334 | +1.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,326 | €34,397 | -€1,929 | -5.3% |
| Other operating charges | 640/8 | €6,266 | €5,900 | -€366 | -5.8% |
| Gross operating margin | 9900 | €32,544 | €29,890 | -€2,653 | -8.2% |
| Operating profit (loss) | 9901 | -€10,048 | -€10,407 | -€359 | -3.6% |
| Financial charges | 65/66B | €22,252 | €22,411 | +€159 | +0.7% |
| Recurring financial charges | 65 | €22,252 | €22,411 | +€159 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,300 | -€32,818 | -€518 | -1.6% |
| Transfer from deferred taxes | 780 | €836 | €836 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€31,465 | -€31,982 | -€518 | -1.6% |
| Transfer from tax-exempt reserves | 789 | €2,507 | €2,507 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,957 | -€29,475 | -€518 | -1.8% |
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 28 September 2026 via checked.be.