JAVANCO: 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.
JAVANCO
Largest movements
- Tangible fixed assets -€38,092
down €38,092 (-6.7%), from €569,325 to €531,233
- Cash +€14,636
up €14,636 (+8.2%), from €177,892 to €192,528
mainly Depreciation (+€38,092) and Net result for the year (+€24,242)
- Debts after one year -€43,918
down €43,918 (-74.9%), from €58,648 to €14,730
- Reserves +€24,242
up €24,242 (+8.4%), from €287,340 to €311,582
of which Distributable reserves: +€24,242
- Gross operating margin +€9,517
up €9,517 (+11.8%), from €80,349 to €89,866
- Taxes +€2,947
up €2,947 (+35.2%), from €8,366 to €11,313
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 | €751,601 | €728,145 | -€23,456 | -3.1% |
| Fixed assets | 21/28 | €569,325 | €531,233 | -€38,092 | -6.7% |
| Tangible fixed assets | 22/27 | €569,325 | €531,233 | -€38,092 | -6.7% |
| Land and buildings | 22 | €569,325 | €531,233 | -€38,092 | -6.7% |
| Current assets | 29/58 | €182,276 | €196,912 | +€14,636 | +8.0% |
| Amounts receivable within one year | 40/41 | €4,384 | €4,384 | = | 0.0% |
| Other amounts receivable | 41 | €4,384 | €4,384 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €177,892 | €192,528 | +€14,636 | +8.2% |
| Total equity and liabilities | 10/49 | €751,601 | €728,145 | -€23,456 | -3.1% |
| Equity | 10/15 | €644,307 | €668,549 | +€24,242 | +3.8% |
| Contributions | 10/11 | €356,967 | €356,967 | = | 0.0% |
| Capital | 10 | €356,967 | €356,967 | = | 0.0% |
| Issued capital | 100 | €356,967 | €356,967 | = | 0.0% |
| Reserves | 13 | €287,340 | €311,582 | +€24,242 | +8.4% |
| Non-distributable reserves | 130/1 | €44,621 | €44,621 | = | 0.0% |
| Legal reserve | 130 | €44,621 | €44,621 | = | 0.0% |
| Distributable reserves | 133 | €242,719 | €266,961 | +€24,242 | +10.0% |
| Amounts payable | 17/49 | €107,294 | €59,596 | -€47,698 | -44.5% |
| Amounts payable after more than one year | 17 | €58,648 | €14,730 | -€43,918 | -74.9% |
| Financial debts | 170/4 | €58,648 | €14,730 | -€43,918 | -74.9% |
| Amounts payable within one year | 42/48 | €48,646 | €44,866 | -€3,780 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €43,515 | €43,918 | +€403 | +0.9% |
| Trade debts | 44 | €4,870 | €96 | -€4,775 | -98.0% |
| Suppliers | 440/4 | €4,870 | €96 | -€4,775 | -98.0% |
| Taxes, remuneration and social security | 45 | €221 | €813 | +€592 | +267.4% |
| Taxes | 450/3 | €221 | €813 | +€592 | +267.4% |
| Other amounts payable | 47/48 | €40 | €40 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,963 | €38,092 | +€129 | +0.3% |
| Other operating charges | 640/8 | €14,665 | €15,100 | +€435 | +3.0% |
| Gross operating margin | 9900 | €80,349 | €89,866 | +€9,517 | +11.8% |
| Operating profit (loss) | 9901 | €27,721 | €36,674 | +€8,953 | +32.3% |
| Financial charges | 65/66B | €1,427 | €1,119 | -€308 | -21.6% |
| Recurring financial charges | 65 | €1,427 | €1,119 | -€308 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €26,294 | €35,555 | +€9,261 | +35.2% |
| Income taxes | 67/77 | €8,366 | €11,313 | +€2,947 | +35.2% |
| Profit (loss) for the period | 9904 | €17,928 | €24,242 | +€6,314 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,928 | €24,242 | +€6,314 | +35.2% |
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 1 October 2026 via checked.be.