JAVANDA: 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.
JAVANDA
Largest movements
- Tangible fixed assets +€593,132
up €593,132 (+276%), from €214,959 to €808,091
- Current assets -€146,283
down €146,283 (-39.4%), from €371,420 to €225,138
of which Cash: -€158,239
- Debts +€399,291
up €399,291 (+251%), from €158,955 to €558,246
of which Debts after one year: +€363,979
- Reserves +€51,900
up €51,900 (+12.6%), from €412,546 to €464,446
- Gross operating margin -€65,395
down €65,395 (-17.1%), from €382,901 to €317,506
- Depreciation +€65,188
up €65,188 (+217%), from €30,082 to €95,270
- Taxes -€39,490
down €39,490 (-49.3%), from €80,114 to €40,624
From the 2016 result to the 2017 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €590,229 | €1,041,504 | +€451,275 | +76.5% |
| Fixed assets | 21/28 | €218,808 | €816,366 | +€597,558 | +273% |
| Tangible fixed assets | 22/27 | €214,959 | €808,091 | +€593,132 | +276% |
| Financial fixed assets | 28 | €3,849 | €8,275 | +€4,426 | +115% |
| Current assets | 29/58 | €371,420 | €225,138 | -€146,283 | -39.4% |
| Amounts receivable within one year | 40/41 | €40,639 | €55,889 | +€15,250 | +37.5% |
| Cash at bank and in hand | 54/58 | €327,344 | €169,106 | -€158,239 | -48.3% |
| Total equity and liabilities | 10/49 | €590,229 | €1,041,504 | +€451,275 | +76.5% |
| Equity | 10/15 | €431,274 | €483,258 | +€51,984 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €412,546 | €464,446 | +€51,900 | +12.6% |
| Profit (loss) carried forward | 14 | €128 | €212 | +€84 | +66.2% |
| Amounts payable | 17/49 | €158,955 | €558,246 | +€399,291 | +251% |
| Amounts payable after more than one year | 17 | €23,229 | €387,208 | +€363,979 | +1,567% |
| Amounts payable within one year | 42/48 | €130,608 | €166,706 | +€36,099 | +27.6% |
| Trade debts | 44 | €2,254 | €5,889 | +€3,635 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,082 | €95,270 | +€65,188 | +217% |
| Gross operating margin | 9900 | €382,901 | €317,506 | -€65,395 | -17.1% |
| Operating profit (loss) | 9901 | €198,660 | €103,048 | -€95,612 | -48.1% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.4% |
| Recurring financial charges | 65 | €5,434 | €10,440 | +€5,005 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €193,239 | €92,608 | -€100,631 | -52.1% |
| Income taxes | 67/77 | €80,114 | €40,624 | -€39,490 | -49.3% |
| Profit (loss) for the period | 9904 | €113,125 | €51,984 | -€61,141 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,125 | €51,984 | -€61,141 | -54.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.