JAVANNE: 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.
JAVANNE
Largest movements
- Cash +€77,620
up €77,620 (+24.5%), from €317,195 to €394,815
mainly Depreciation (+€78,128) and Trade debts (+€61,751)
- Tangible fixed assets -€33,496
down €33,496 (-11.8%), from €284,973 to €251,477
of which Furniture and vehicles: -€27,135
- Trade debts +€61,751
up €61,751 (+18.4%), from €336,165 to €397,917
- Tax, wage and social debts -€22,711
down €22,711 (-13.8%), from €164,236 to €141,525
of which Remuneration and social security: -€12,701
- Staff costs -€117,590
down €117,590 (-12.6%), from €936,728 to €819,138
- Gross operating margin -€116,930
down €116,930 (-10.7%), from €1.1m to €973,352
- Depreciation -€11,494
down €11,494 (-12.8%), from €89,622 to €78,128
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 | €1,322,440 | €1,361,631 | +€39,190 | +3.0% |
| Fixed assets | 21/28 | €309,719 | €270,688 | -€39,031 | -12.6% |
| Intangible fixed assets | 21 | €24,746 | €19,212 | -€5,535 | -22.4% |
| Tangible fixed assets | 22/27 | €284,973 | €251,477 | -€33,496 | -11.8% |
| Land and buildings | 22 | €63,583 | €63,583 | = | 0.0% |
| Plant, machinery and equipment | 23 | €130,194 | €123,833 | -€6,361 | -4.9% |
| Furniture and vehicles | 24 | €91,195 | €64,060 | -€27,135 | -29.8% |
| Current assets | 29/58 | €1,012,721 | €1,090,943 | +€78,221 | +7.7% |
| Stocks and contracts in progress | 3 | €528,484 | €521,823 | -€6,661 | -1.3% |
| Stocks | 30/36 | €528,484 | €521,823 | -€6,661 | -1.3% |
| Amounts receivable within one year | 40/41 | €134,808 | €143,296 | +€8,488 | +6.3% |
| Trade receivables | 40 | €74,664 | €107,144 | +€32,480 | +43.5% |
| Other amounts receivable | 41 | €60,144 | €36,152 | -€23,993 | -39.9% |
| Cash at bank and in hand | 54/58 | €317,195 | €394,815 | +€77,620 | +24.5% |
| Deferred charges and accrued income | 490/1 | €32,235 | €31,009 | -€1,226 | -3.8% |
| Total equity and liabilities | 10/49 | €1,322,440 | €1,361,631 | +€39,190 | +3.0% |
| Equity | 10/15 | €694,204 | €695,434 | +€1,231 | +0.2% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Capital | 10 | €62,400 | €62,400 | = | 0.0% |
| Issued capital | 100 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €631,804 | €633,034 | +€1,231 | +0.2% |
| Non-distributable reserves | 130/1 | €7,527 | €7,527 | = | 0.0% |
| Legal reserve | 130 | €7,527 | €7,527 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,074 | €59,074 | = | 0.0% |
| Distributable reserves | 133 | €565,203 | €566,434 | +€1,231 | +0.2% |
| Amounts payable | 17/49 | €628,237 | €666,197 | +€37,960 | +6.0% |
| Amounts payable within one year | 42/48 | €626,719 | €664,556 | +€37,837 | +6.0% |
| Trade debts | 44 | €336,165 | €397,917 | +€61,751 | +18.4% |
| Suppliers | 440/4 | €336,165 | €397,917 | +€61,751 | +18.4% |
| Taxes, remuneration and social security | 45 | €164,236 | €141,525 | -€22,711 | -13.8% |
| Taxes | 450/3 | €54,950 | €44,941 | -€10,009 | -18.2% |
| Remuneration and social security | 454/9 | €109,285 | €96,584 | -€12,701 | -11.6% |
| Other amounts payable | 47/48 | €126,317 | €125,114 | -€1,204 | -1.0% |
| Accrued charges and deferred income | 492/3 | €1,518 | €1,641 | +€123 | +8.1% |
| Non-recurring operating income | 76A | €2,999 | €311 | -€2,688 | -89.6% |
| Remuneration, social security and pensions | 62 | €936,728 | €819,138 | -€117,590 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,622 | €78,128 | -€11,494 | -12.8% |
| Other operating charges | 640/8 | €36,936 | €35,208 | -€1,728 | -4.7% |
| Gross operating margin | 9900 | €1,090,282 | €973,352 | -€116,930 | -10.7% |
| Operating profit (loss) | 9901 | €26,997 | €40,878 | +€13,882 | +51.4% |
| Financial income | 75/76B | €4,468 | €2,542 | -€1,925 | -43.1% |
| Recurring financial income | 75 | €4,468 | €2,542 | -€1,925 | -43.1% |
| Financial charges | 65/66B | €26,267 | €28,783 | +€2,515 | +9.6% |
| Recurring financial charges | 65 | €26,267 | €28,783 | +€2,515 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €5,197 | €14,638 | +€9,441 | +181.7% |
| Income taxes | 67/77 | €9,004 | €13,407 | +€4,404 | +48.9% |
| Profit (loss) for the period | 9904 | -€3,807 | €1,231 | +€5,037 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,807 | €1,231 | +€5,037 |
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 2 October 2026 via checked.be.