JAVIAN: 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.
JAVIAN
Largest movements
- Tangible fixed assets +€42,744
up €42,744 (+263%), from €16,232 to €58,977
of which Furniture and vehicles: +€42,380
- Intangible fixed assets -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Cash +€19,119
up €19,119 (+14.0%), from €136,763 to €155,883
mainly Net result for the year (+€55,658) and Depreciation (+€29,146)
- Receivables within one year -€11,330
down €11,330 (-71.5%), from €15,858 to €4,527
of which Other amounts receivable: -€12,484
- Reserves +€26,000
up €26,000 (+14.8%), from €175,260 to €201,260
of which Distributable reserves: +€26,000
- Other debts -€18,195
down €18,195 (-25.7%), from €70,831 to €52,636
- Debts after one year +€16,331
new in 2025: €16,331
- Current portion of long-term debt +€3,796
up €3,796 (+47.4%), from €8,009 to €11,804
- Financial charges -€40,045
down €40,045 (-96.7%), from €41,390 to €1,345
- Taxes +€10,263
up €10,263 (+90.3%), from €11,363 to €21,625
- Depreciation +€2,678
up €2,678 (+10.1%), from €26,468 to €29,146
- Gross operating margin +€1,813
up €1,813 (+1.7%), from €106,703 to €108,516
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 | €290,153 | €319,657 | +€29,504 | +10.2% |
| Fixed assets | 21/28 | €76,232 | €98,977 | +€22,744 | +29.8% |
| Intangible fixed assets | 21 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Tangible fixed assets | 22/27 | €16,232 | €58,977 | +€42,744 | +263% |
| Furniture and vehicles | 24 | €1,044 | €43,424 | +€42,380 | +4,061% |
| Other tangible fixed assets | 26 | €15,189 | €15,553 | +€364 | +2.4% |
| Current assets | 29/58 | €213,921 | €220,681 | +€6,760 | +3.2% |
| Amounts receivable within one year | 40/41 | €15,858 | €4,527 | -€11,330 | -71.5% |
| Trade receivables | 40 | - | €1,153 | +€1,153 | |
| Other amounts receivable | 41 | €15,858 | €3,374 | -€12,484 | -78.7% |
| Cash at bank and in hand | 54/58 | €136,763 | €155,883 | +€19,119 | +14.0% |
| Deferred charges and accrued income | 490/1 | €61,300 | €60,271 | -€1,029 | -1.7% |
| Total equity and liabilities | 10/49 | €290,153 | €319,657 | +€29,504 | +10.2% |
| Equity | 10/15 | €205,331 | €231,989 | +€26,658 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,260 | €201,260 | +€26,000 | +14.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €173,400 | €199,400 | +€26,000 | +15.0% |
| Profit (loss) carried forward | 14 | €11,471 | €12,129 | +€658 | +5.7% |
| Amounts payable | 17/49 | €84,822 | €87,668 | +€2,846 | +3.4% |
| Amounts payable after more than one year | 17 | - | €16,331 | +€16,331 | |
| Financial debts | 170/4 | - | €16,331 | +€16,331 | |
| Amounts payable within one year | 42/48 | €84,822 | €71,337 | -€13,485 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €8,009 | €11,804 | +€3,796 | +47.4% |
| Trade debts | 44 | €222 | €2,397 | +€2,174 | +977% |
| Suppliers | 440/4 | €222 | €2,397 | +€2,174 | +977% |
| Taxes, remuneration and social security | 45 | €5,760 | €4,500 | -€1,260 | -21.9% |
| Taxes | 450/3 | €5,760 | €4,500 | -€1,260 | -21.9% |
| Other amounts payable | 47/48 | €70,831 | €52,636 | -€18,195 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,468 | €29,146 | +€2,678 | +10.1% |
| Other operating charges | 640/8 | €1,023 | €742 | -€281 | -27.5% |
| Gross operating margin | 9900 | €106,703 | €108,516 | +€1,813 | +1.7% |
| Operating profit (loss) | 9901 | €79,213 | €78,629 | -€584 | -0.7% |
| Financial charges | 65/66B | €41,390 | €1,345 | -€40,045 | -96.7% |
| Recurring financial charges | 65 | €41,390 | €1,345 | -€40,045 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €37,822 | €77,284 | +€39,461 | +104% |
| Income taxes | 67/77 | €11,363 | €21,625 | +€10,263 | +90.3% |
| Profit (loss) for the period | 9904 | €26,460 | €55,658 | +€29,198 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €26,460 | €55,658 | +€29,198 | +110% |
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 15 October 2026 via checked.be.