JAVAHO: 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.
JAVAHO
Largest movements
- Tangible fixed assets +€171,299
up €171,299 (+17.2%), from €997,625 to €1.2m
of which Land and buildings: +€203,908
- Debts after one year +€161,490
up €161,490 (+49.0%), from €329,525 to €491,015
- Trade debts -€84,405
down €84,405 (-88.2%), from €95,724 to €11,318
- Current portion of long-term debt +€60,233
up €60,233 (+70.3%), from €85,738 to €145,970
- Reserves +€52,000
up €52,000 (+12.0%), from €433,860 to €485,860
- Gross operating margin -€22,613
down €22,613 (-9.1%), from €247,626 to €225,013
- Taxes -€5,014
down €5,014 (-17.9%), from €27,972 to €22,958
- Financial charges +€4,526
up €4,526 (+39.9%), from €11,351 to €15,877
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 | €1,151,664 | €1,334,285 | +€182,621 | +15.9% |
| Fixed assets | 21/28 | €997,625 | €1,168,924 | +€171,299 | +17.2% |
| Tangible fixed assets | 22/27 | €997,625 | €1,168,924 | +€171,299 | +17.2% |
| Land and buildings | 22 | €879,309 | €1,083,218 | +€203,908 | +23.2% |
| Plant, machinery and equipment | 23 | €5,809 | €4,357 | -€1,452 | -25.0% |
| Furniture and vehicles | 24 | €112,506 | €81,349 | -€31,157 | -27.7% |
| Current assets | 29/58 | €154,039 | €165,361 | +€11,322 | +7.4% |
| Amounts receivable after more than one year | 29 | €10,500 | €14,406 | +€3,906 | +37.2% |
| Trade receivables | 290 | €10,500 | €14,406 | +€3,906 | +37.2% |
| Amounts receivable within one year | 40/41 | €36,139 | €32,996 | -€3,143 | -8.7% |
| Trade receivables | 40 | €35,859 | €32,713 | -€3,146 | -8.8% |
| Other amounts receivable | 41 | €280 | €283 | +€3 | +0.9% |
| Cash at bank and in hand | 54/58 | €106,221 | €116,699 | +€10,478 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,179 | €1,261 | +€82 | +6.9% |
| Total equity and liabilities | 10/49 | €1,151,664 | €1,334,285 | +€182,621 | +15.9% |
| Equity | 10/15 | €618,375 | €670,501 | +€52,127 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €433,860 | €485,860 | +€52,000 | +12.0% |
| Distributable reserves | 133 | €433,860 | €485,860 | +€52,000 | +12.0% |
| Profit (loss) carried forward | 14 | €165,915 | €166,041 | +€127 | +0.1% |
| Amounts payable | 17/49 | €533,289 | €663,784 | +€130,495 | +24.5% |
| Amounts payable after more than one year | 17 | €329,525 | €491,015 | +€161,490 | +49.0% |
| Financial debts | 170/4 | €329,525 | €491,015 | +€161,490 | +49.0% |
| Amounts payable within one year | 42/48 | €203,764 | €172,769 | -€30,996 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €85,738 | €145,970 | +€60,233 | +70.3% |
| Trade debts | 44 | €95,724 | €11,318 | -€84,405 | -88.2% |
| Suppliers | 440/4 | €95,724 | €11,318 | -€84,405 | -88.2% |
| Taxes, remuneration and social security | 45 | €19,557 | €12,404 | -€7,153 | -36.6% |
| Taxes | 450/3 | €19,557 | €12,404 | -€7,153 | -36.6% |
| Other amounts payable | 47/48 | €2,746 | €3,076 | +€330 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,494 | €130,044 | -€1,451 | -1.1% |
| Other operating charges | 640/8 | €5,372 | €4,008 | -€1,364 | -25.4% |
| Gross operating margin | 9900 | €247,626 | €225,013 | -€22,613 | -9.1% |
| Operating profit (loss) | 9901 | €110,759 | €90,961 | -€19,798 | -17.9% |
| Financial income | 75/76B | €91 | €0 | -€91 | -100% |
| Recurring financial income | 75 | €91 | €0 | -€91 | -100% |
| Financial charges | 65/66B | €11,351 | €15,877 | +€4,526 | +39.9% |
| Recurring financial charges | 65 | €11,351 | €15,877 | +€4,526 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €99,500 | €75,085 | -€24,415 | -24.5% |
| Income taxes | 67/77 | €27,972 | €22,958 | -€5,014 | -17.9% |
| Profit (loss) for the period | 9904 | €71,528 | €52,127 | -€19,401 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,528 | €52,127 | -€19,401 | -27.1% |
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 30 October 2026 via checked.be.