JAVAROE: 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.
JAVAROE
Largest movements
- Cash -€13,031
down €13,031 (-12.0%), from €108,856 to €95,825
mainly Contributions, distributions and other (-€17,839) and Receivables within one year (-€7,929)
- Tangible fixed assets -€8,229
down €8,229 (-76.1%), from €10,817 to €2,588
- Receivables within one year +€7,929
up €7,929 (+116%), from €6,855 to €14,783
of which Trade receivables: +€9,677
- Current portion of long-term debt -€6,665
no longer reported in 2025 (was €6,665)
- Reserves -€5,567
down €5,567 (-5.2%), from €106,616 to €101,049
- Gross operating margin +€4,583
up €4,583 (+17.4%), from €26,301 to €30,884
- Taxes +€2,064
up €2,064 (+41.8%), from €4,932 to €6,996
- Depreciation -€433
down €433 (-4.0%), from €10,835 to €10,402
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 | €130,396 | €117,356 | -€13,040 | -10.0% |
| Fixed assets | 21/28 | €11,067 | €2,838 | -€8,229 | -74.4% |
| Tangible fixed assets | 22/27 | €10,817 | €2,588 | -€8,229 | -76.1% |
| Furniture and vehicles | 24 | €10,817 | €2,588 | -€8,229 | -76.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €119,329 | €114,518 | -€4,810 | -4.0% |
| Amounts receivable within one year | 40/41 | €6,855 | €14,783 | +€7,929 | +116% |
| Trade receivables | 40 | €165 | €9,842 | +€9,677 | +5,862% |
| Other amounts receivable | 41 | €6,690 | €4,941 | -€1,748 | -26.1% |
| Cash at bank and in hand | 54/58 | €108,856 | €95,825 | -€13,031 | -12.0% |
| Deferred charges and accrued income | 490/1 | €3,618 | €3,910 | +€292 | +8.1% |
| Total equity and liabilities | 10/49 | €130,396 | €117,356 | -€13,040 | -10.0% |
| Equity | 10/15 | €119,016 | €113,449 | -€5,567 | -4.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €106,616 | €101,049 | -€5,567 | -5.2% |
| Distributable reserves | 133 | €106,616 | €101,049 | -€5,567 | -5.2% |
| Amounts payable | 17/49 | €11,380 | €3,907 | -€7,472 | -65.7% |
| Amounts payable within one year | 42/48 | €11,192 | €3,480 | -€7,712 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €6,665 | - | -€6,665 | |
| Trade debts | 44 | €3,868 | €2,822 | -€1,047 | -27.1% |
| Suppliers | 440/4 | €3,868 | €2,822 | -€1,047 | -27.1% |
| Taxes, remuneration and social security | 45 | €30 | €30 | = | 0.0% |
| Taxes | 450/3 | €30 | €30 | = | 0.0% |
| Other amounts payable | 47/48 | €628 | €628 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €188 | €427 | +€239 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,835 | €10,402 | -€433 | -4.0% |
| Other operating charges | 640/8 | €1,051 | €1,039 | -€12 | -1.2% |
| Gross operating margin | 9900 | €26,301 | €30,884 | +€4,583 | +17.4% |
| Operating profit (loss) | 9901 | €14,415 | €19,443 | +€5,028 | +34.9% |
| Financial income | 75/76B | €0 | €10 | +€10 | +104,800% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +104,800% |
| Financial charges | 65/66B | €375 | €186 | -€189 | -50.5% |
| Recurring financial charges | 65 | €375 | €186 | -€189 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €14,040 | €19,267 | +€5,228 | +37.2% |
| Income taxes | 67/77 | €4,932 | €6,996 | +€2,064 | +41.8% |
| Profit (loss) for the period | 9904 | €9,107 | €12,271 | +€3,164 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,107 | €12,271 | +€3,164 | +34.7% |
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 16 October 2026 via checked.be.