JAVASA: 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.
JAVASA
Largest movements
- Tangible fixed assets -€11,245
down €11,245 (-40.7%), from €27,604 to €16,358
of which Plant, machinery and equipment: -€5,766
- Receivables within one year -€10,601
down €10,601 (-79.9%), from €13,270 to €2,669
of which Trade receivables: -€9,965
- Profit (loss) carried forward -€13,807
down €13,807 (-1205.3%), from -€1,146 to -€14,953
- Tax, wage and social debts -€7,125
down €7,125 (-92.7%), from €7,688 to €563
- Current portion of long-term debt -€3,240
no longer reported in 2025 (was €3,240)
- Other debts +€1,862
up €1,862 (+7.1%), from €26,241 to €28,103
- Short-term financial debts +€1,081
new in 2025: €1,081
- Gross operating margin +€4,471
up €4,471 (+75.3%), from -€5,939 to -€1,469
- Other operating charges -€746
down €746 (-63.0%), from €1,184 to €438
- Financial charges -€392
down €392 (-40.8%), from €962 to €569
- Taxes -€113
down €113 (-56.9%), from €199 to €86
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 | €40,913 | €19,028 | -€21,884 | -53.5% |
| Fixed assets | 21/28 | €27,604 | €16,358 | -€11,245 | -40.7% |
| Tangible fixed assets | 22/27 | €27,604 | €16,358 | -€11,245 | -40.7% |
| Plant, machinery and equipment | 23 | €20,398 | €14,632 | -€5,766 | -28.3% |
| Furniture and vehicles | 24 | €7,206 | €1,726 | -€5,479 | -76.0% |
| Current assets | 29/58 | €13,309 | €2,670 | -€10,639 | -79.9% |
| Amounts receivable within one year | 40/41 | €13,270 | €2,669 | -€10,601 | -79.9% |
| Trade receivables | 40 | €12,634 | €2,669 | -€9,965 | -78.9% |
| Other amounts receivable | 41 | €636 | - | -€636 | |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38 | - | -€38 | |
| Total equity and liabilities | 10/49 | €40,913 | €19,028 | -€21,884 | -53.5% |
| Equity | 10/15 | €2,854 | -€10,953 | -€13,807 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,146 | -€14,953 | -€13,807 | -1205.3% |
| Amounts payable | 17/49 | €38,058 | €29,981 | -€8,077 | -21.2% |
| Amounts payable within one year | 42/48 | €38,058 | €29,981 | -€8,077 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €3,240 | - | -€3,240 | |
| Financial debts | 43 | - | €1,081 | +€1,081 | |
| Credit institutions | 430/8 | - | €1,081 | +€1,081 | |
| Trade debts | 44 | €890 | €234 | -€656 | -73.7% |
| Suppliers | 440/4 | €890 | €234 | -€656 | -73.7% |
| Taxes, remuneration and social security | 45 | €7,688 | €563 | -€7,125 | -92.7% |
| Taxes | 450/3 | €7,688 | €563 | -€7,125 | -92.7% |
| Other amounts payable | 47/48 | €26,241 | €28,103 | +€1,862 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,245 | €11,245 | = | 0.0% |
| Other operating charges | 640/8 | €1,184 | €438 | -€746 | -63.0% |
| Gross operating margin | 9900 | -€5,939 | -€1,469 | +€4,471 | +75.3% |
| Operating profit (loss) | 9901 | -€18,369 | -€13,152 | +€5,216 | +28.4% |
| Financial charges | 65/66B | €962 | €569 | -€392 | -40.8% |
| Recurring financial charges | 65 | €962 | €569 | -€392 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,330 | -€13,721 | +€5,609 | +29.0% |
| Income taxes | 67/77 | €199 | €86 | -€113 | -56.9% |
| Profit (loss) for the period | 9904 | -€19,529 | -€13,807 | +€5,722 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,529 | -€13,807 | +€5,722 | +29.3% |
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 8 October 2026 via checked.be.