JAVAGOLD: 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.
JAVAGOLD
Largest movements
- Tangible fixed assets -€40,177
down €40,177 (-15.5%), from €259,877 to €219,700
- Receivables after one year +€29,959
up €29,959 (+8.6%), from €347,697 to €377,656
- Cash -€13,522
down €13,522 (-63.9%), from €21,146 to €7,624
mainly Debts after one year (-€55,115) and Receivables after one year (-€29,959)
- Deferred charges and accrued income +€10,552
new in 2025: €10,552
- Debts after one year -€55,115
down €55,115 (-61.5%), from €89,602 to €34,487
- Reserves +€50,000
up €50,000 (+11.6%), from €429,977 to €479,977
- Short-term financial debts -€6,623
down €6,623 (-100.0%), from €6,623 to €0
- Gross operating margin +€24,000
up €24,000 (+24.1%), from €99,464 to €123,464
- Taxes +€4,053
up €4,053 (+25.2%), from €16,057 to €20,110
- Depreciation -€2,246
down €2,246 (-5.4%), from €41,710 to €39,464
- Financial charges -€2,121
down €2,121 (-21.1%), from €10,040 to €7,919
- Other operating charges +€1,632
up €1,632 (+29.1%), from €5,599 to €7,231
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 | €629,120 | €615,932 | -€13,188 | -2.1% |
| Fixed assets | 21/28 | €259,877 | €219,700 | -€40,177 | -15.5% |
| Tangible fixed assets | 22/27 | €259,877 | €219,700 | -€40,177 | -15.5% |
| Land and buildings | 22 | €153,604 | €140,946 | -€12,658 | -8.2% |
| Plant, machinery and equipment | 23 | €41,853 | €30,699 | -€11,154 | -26.7% |
| Furniture and vehicles | 24 | €25,468 | €14,642 | -€10,826 | -42.5% |
| Other tangible fixed assets | 26 | €38,952 | €33,412 | -€5,540 | -14.2% |
| Current assets | 29/58 | €369,243 | €396,232 | +€26,989 | +7.3% |
| Amounts receivable after more than one year | 29 | €347,697 | €377,656 | +€29,959 | +8.6% |
| Other amounts receivable | 291 | €347,697 | €377,656 | +€29,959 | +8.6% |
| Amounts receivable within one year | 40/41 | €400 | €400 | = | 0.0% |
| Other amounts receivable | 41 | €400 | €400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,146 | €7,624 | -€13,522 | -63.9% |
| Deferred charges and accrued income | 490/1 | - | €10,552 | +€10,552 | |
| Total equity and liabilities | 10/49 | €629,120 | €615,932 | -€13,188 | -2.1% |
| Equity | 10/15 | €448,977 | €498,977 | +€50,000 | +11.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €429,977 | €479,977 | +€50,000 | +11.6% |
| Distributable reserves | 133 | €429,977 | €479,977 | +€50,000 | +11.6% |
| Amounts payable | 17/49 | €180,143 | €116,955 | -€63,188 | -35.1% |
| Amounts payable after more than one year | 17 | €89,602 | €34,487 | -€55,115 | -61.5% |
| Financial debts | 170/4 | €89,602 | €34,487 | -€55,115 | -61.5% |
| Amounts payable within one year | 42/48 | €90,541 | €82,468 | -€8,073 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €63,292 | €65,115 | +€1,823 | +2.9% |
| Financial debts | 43 | €6,623 | €0 | -€6,623 | -100.0% |
| Credit institutions | 430/8 | €6,623 | €0 | -€6,623 | -100.0% |
| Trade debts | 44 | €6,884 | €5,459 | -€1,425 | -20.7% |
| Suppliers | 440/4 | €6,884 | €5,459 | -€1,425 | -20.7% |
| Taxes, remuneration and social security | 45 | €13,742 | €11,894 | -€1,848 | -13.4% |
| Taxes | 450/3 | €13,742 | €11,894 | -€1,848 | -13.4% |
| Remuneration, social security and pensions | 62 | €3,928 | €3,627 | -€301 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,710 | €39,464 | -€2,246 | -5.4% |
| Other operating charges | 640/8 | €5,599 | €7,231 | +€1,632 | +29.1% |
| Non-recurring operating charges | 66A | - | €2,303 | +€2,303 | |
| Gross operating margin | 9900 | €99,464 | €123,464 | +€24,000 | +24.1% |
| Operating profit (loss) | 9901 | €48,227 | €70,840 | +€22,613 | +46.9% |
| Financial income | 75/76B | €6,710 | €7,188 | +€478 | +7.1% |
| Recurring financial income | 75 | €6,710 | €7,188 | +€478 | +7.1% |
| Financial charges | 65/66B | €10,040 | €7,919 | -€2,121 | -21.1% |
| Recurring financial charges | 65 | €10,040 | €7,919 | -€2,121 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €44,897 | €70,110 | +€25,213 | +56.2% |
| Income taxes | 67/77 | €16,057 | €20,110 | +€4,053 | +25.2% |
| Profit (loss) for the period | 9904 | €28,840 | €50,000 | +€21,160 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,840 | €50,000 | +€21,160 | +73.4% |
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 7 October 2026 via checked.be.