JAVERDI: 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.
JAVERDI
Largest movements
- Receivables within one year +€91,222
up €91,222 (+128%), from €71,175 to €162,397
of which Other amounts receivable: +€90,012
- Cash +€5,627
up €5,627 (+3.9%), from €145,070 to €150,697
mainly Net result for the year (+€95,890) and Other debts (+€43,188)
- Reserves +€52,730
up €52,730 (+29.9%), from €176,423 to €229,154
- Other debts +€43,188
up €43,188 (+155,914%), from €28 to €43,216
- Gross operating margin +€35,813
up €35,813 (+35.2%), from €101,791 to €137,604
- Taxes +€13,444
up €13,444 (+45.1%), from €29,805 to €43,249
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 | €217,313 | €314,230 | +€96,917 | +44.6% |
| Fixed assets | 21/28 | €1,067 | €1,136 | +€69 | +6.4% |
| Tangible fixed assets | 22/27 | €1,067 | €1,136 | +€69 | +6.4% |
| Plant, machinery and equipment | 23 | €1,067 | €520 | -€547 | -51.3% |
| Furniture and vehicles | 24 | - | €616 | +€616 | |
| Current assets | 29/58 | €216,245 | €313,094 | +€96,849 | +44.8% |
| Amounts receivable within one year | 40/41 | €71,175 | €162,397 | +€91,222 | +128% |
| Trade receivables | 40 | €21,175 | €22,385 | +€1,210 | +5.7% |
| Other amounts receivable | 41 | €50,000 | €140,012 | +€90,012 | +180% |
| Cash at bank and in hand | 54/58 | €145,070 | €150,697 | +€5,627 | +3.9% |
| Total equity and liabilities | 10/49 | €217,313 | €314,230 | +€96,917 | +44.6% |
| Equity | 10/15 | €195,023 | €247,754 | +€52,730 | +27.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,423 | €229,154 | +€52,730 | +29.9% |
| Distributable reserves | 133 | €176,423 | €229,154 | +€52,730 | +29.9% |
| Amounts payable | 17/49 | €22,289 | €66,476 | +€44,187 | +198% |
| Amounts payable within one year | 42/48 | €22,289 | €66,476 | +€44,187 | +198% |
| Trade debts | 44 | - | €809 | +€809 | |
| Suppliers | 440/4 | - | €809 | +€809 | |
| Taxes, remuneration and social security | 45 | €22,262 | €22,452 | +€190 | +0.9% |
| Taxes | 450/3 | €22,262 | €22,452 | +€190 | +0.9% |
| Other amounts payable | 47/48 | €28 | €43,216 | +€43,188 | +155,914% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €551 | +€69 | +14.3% |
| Other operating charges | 640/8 | €255 | €147 | -€108 | -42.3% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Gross operating margin | 9900 | €101,791 | €137,604 | +€35,813 | +35.2% |
| Operating profit (loss) | 9901 | €101,055 | €136,907 | +€35,852 | +35.5% |
| Financial income | 75/76B | €2,858 | €2,250 | -€608 | -21.3% |
| Recurring financial income | 75 | €2,858 | €2,250 | -€608 | -21.3% |
| Financial charges | 65/66B | €48 | €18 | -€30 | -61.5% |
| Recurring financial charges | 65 | €48 | €18 | -€30 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €103,864 | €139,138 | +€35,274 | +34.0% |
| Income taxes | 67/77 | €29,805 | €43,249 | +€13,444 | +45.1% |
| Profit (loss) for the period | 9904 | €74,059 | €95,890 | +€21,830 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,059 | €95,890 | +€21,830 | +29.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.