JAVELINE: 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.
JAVELINE
Largest movements
- Stocks and contracts +€407,749
new in 2024: €407,749
- Tangible fixed assets -€29,461
no longer reported in 2024 (was €29,461)
of which Land and buildings: -€29,440
- Receivables within one year -€11,926
down €11,926 (-95.3%), from €12,512 to €586
of which Trade receivables: -€12,512
- Deferred charges and accrued income -€4,950
no longer reported in 2024 (was €4,950)
- Debts after one year +€280,000
up €280,000 (+807%), from €34,700 to €314,700
- Other debts +€83,184
up €83,184 (+159%), from €52,429 to €135,612
- Gross operating margin +€30,485
up €30,485, from -€9,416 to €21,069
- Other operating charges +€13,492
new in 2024: €13,492
- Depreciation -€2,610
down €2,610 (-99.2%), from €2,631 to €21
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,031 | €415,292 | +€366,261 | +747% |
| Fixed assets | 21/28 | €30,936 | €4,474 | -€26,461 | -85.5% |
| Tangible fixed assets | 22/27 | €29,461 | - | -€29,461 | |
| Land and buildings | 22 | €29,440 | - | -€29,440 | |
| Furniture and vehicles | 24 | €21 | - | -€21 | |
| Financial fixed assets | 28 | €1,474 | €4,474 | +€3,000 | +203% |
| Current assets | 29/58 | €18,096 | €410,818 | +€392,722 | +2,170% |
| Stocks and contracts in progress | 3 | - | €407,749 | +€407,749 | |
| Stocks | 30/36 | - | €407,749 | +€407,749 | |
| Amounts receivable within one year | 40/41 | €12,512 | €586 | -€11,926 | -95.3% |
| Trade receivables | 40 | €12,512 | - | -€12,512 | |
| Other amounts receivable | 41 | - | €586 | +€586 | |
| Cash at bank and in hand | 54/58 | €634 | €2,483 | +€1,849 | +292% |
| Deferred charges and accrued income | 490/1 | €4,950 | - | -€4,950 | |
| Total equity and liabilities | 10/49 | €49,031 | €415,292 | +€366,261 | +747% |
| Equity | 10/15 | -€38,097 | -€35,529 | +€2,568 | +6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €747 | €747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €747 | €747 | = | 0.0% |
| Legal reserve | 130 | €747 | €747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,844 | -€98,276 | +€2,568 | +2.5% |
| Amounts payable | 17/49 | €87,129 | €450,821 | +€363,692 | +417% |
| Amounts payable after more than one year | 17 | €34,700 | €314,700 | +€280,000 | +807% |
| Financial debts | 170/4 | €34,700 | €314,700 | +€280,000 | +807% |
| Amounts payable within one year | 42/48 | €52,429 | €136,121 | +€83,692 | +160% |
| Trade debts | 44 | - | €509 | +€509 | |
| Suppliers | 440/4 | - | €509 | +€509 | |
| Other amounts payable | 47/48 | €52,429 | €135,612 | +€83,184 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,631 | €21 | -€2,610 | -99.2% |
| Other operating charges | 640/8 | - | €13,492 | +€13,492 | |
| Non-recurring operating charges | 66A | - | €4,950 | +€4,950 | |
| Gross operating margin | 9900 | -€9,416 | €21,069 | +€30,485 | |
| Operating profit (loss) | 9901 | -€12,047 | €2,606 | +€14,653 | |
| Financial charges | 65/66B | €63 | €38 | -€25 | -39.8% |
| Recurring financial charges | 65 | €63 | €38 | -€25 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,110 | €2,568 | +€14,679 | |
| Profit (loss) for the period | 9904 | -€12,110 | €2,568 | +€14,679 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,110 | €2,568 | +€14,679 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.