JAVICO: 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.
JAVICO
Largest movements
- Cash +€389,657
up €389,657 (+310.0%), from €125,701 to €515,358
mainly Current investments (+€250,000) and Net result for the year (+€132,738)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year -€25,111
down €25,111 (-35.9%), from €69,956 to €44,845
of which Trade receivables: -€27,351
- Tangible fixed assets -€22,255
down €22,255 (-64.5%), from €34,527 to €12,272
- Other debts +€92,258
up €92,258 (+44.1%), from €209,136 to €301,393
- Tax, wage and social debts -€8,095
down €8,095 (-32.8%), from €24,653 to €16,557
No income-statement line moved by more than 1% of the activity.
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 | €482,125 | €572,683 | +€90,558 | +18.8% |
| Fixed assets | 21/28 | €34,527 | €12,272 | -€22,255 | -64.5% |
| Tangible fixed assets | 22/27 | €34,527 | €12,272 | -€22,255 | -64.5% |
| Furniture and vehicles | 24 | €34,527 | €12,272 | -€22,255 | -64.5% |
| Current assets | 29/58 | €447,598 | €560,411 | +€112,813 | +25.2% |
| Amounts receivable within one year | 40/41 | €69,956 | €44,845 | -€25,111 | -35.9% |
| Trade receivables | 40 | €69,109 | €41,758 | -€27,351 | -39.6% |
| Other amounts receivable | 41 | €847 | €3,087 | +€2,240 | +264.4% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €125,701 | €515,358 | +€389,657 | +310.0% |
| Deferred charges and accrued income | 490/1 | €1,942 | €208 | -€1,733 | -89.3% |
| Total equity and liabilities | 10/49 | €482,125 | €572,683 | +€90,558 | +18.8% |
| Equity | 10/15 | €235,108 | €237,846 | +€2,738 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €228,908 | €231,646 | +€2,738 | +1.2% |
| Distributable reserves | 133 | €228,908 | €231,646 | +€2,738 | +1.2% |
| Amounts payable | 17/49 | €247,017 | €334,837 | +€87,819 | +35.6% |
| Amounts payable within one year | 42/48 | €240,784 | €327,615 | +€86,830 | +36.1% |
| Trade debts | 44 | €6,996 | €9,664 | +€2,668 | +38.1% |
| Suppliers | 440/4 | €6,996 | €9,664 | +€2,668 | +38.1% |
| Taxes, remuneration and social security | 45 | €24,653 | €16,557 | -€8,095 | -32.8% |
| Taxes | 450/3 | €24,653 | €16,557 | -€8,095 | -32.8% |
| Other amounts payable | 47/48 | €209,136 | €301,393 | +€92,258 | +44.1% |
| Accrued charges and deferred income | 492/3 | €6,233 | €7,222 | +€989 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,870 | €22,255 | -€615 | -2.7% |
| Other operating charges | 640/8 | €1,004 | €905 | -€100 | -9.9% |
| Gross operating margin | 9900 | €203,957 | €205,221 | +€1,264 | +0.6% |
| Operating profit (loss) | 9901 | €180,083 | €182,062 | +€1,979 | +1.1% |
| Financial income | 75/76B | €3,880 | €5,104 | +€1,224 | +31.6% |
| Recurring financial income | 75 | €3,880 | €5,104 | +€1,224 | +31.6% |
| Financial charges | 65/66B | €3,602 | €5,197 | +€1,595 | +44.3% |
| Recurring financial charges | 65 | €3,602 | €5,197 | +€1,595 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €180,360 | €181,969 | +€1,609 | +0.9% |
| Income taxes | 67/77 | €48,856 | €49,231 | +€375 | +0.8% |
| Profit (loss) for the period | 9904 | €131,504 | €132,738 | +€1,234 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €131,504 | €132,738 | +€1,234 | +0.9% |
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 9 October 2026 via checked.be.