JAVIE: 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.
JAVIE
Largest movements
- Receivables after one year +€111,894
up €111,894 (+46.5%), from €240,419 to €352,313
- Current investments +€110,000
up €110,000 (+204%), from €54,000 to €164,000
- Tangible fixed assets +€66,040
up €66,040 (+8.1%), from €815,955 to €881,995
of which Land and buildings: +€74,793
- Receivables within one year +€23,604
up €23,604 (+167%), from €14,168 to €37,772
of which Trade receivables: +€18,878
- Reserves +€222,752
up €222,752 (+50.0%), from €445,589 to €668,340
- Debts after one year -€92,315
down €92,315 (-14.2%), from €648,744 to €556,428
- Revaluation surpluses +€75,640
new in 2025: €75,640
- Other debts +€63,082
up €63,082 (+13,479%), from €468 to €63,550
- Trade debts +€19,681
up €19,681 (+283%), from €6,956 to €26,637
- Depreciation -€74,830
down €74,830 (-72.2%), from €103,576 to €28,747
- Gross operating margin +€62,417
up €62,417 (+13.1%), from €474,747 to €537,164
- Taxes +€42,384
up €42,384 (+45.6%), from €92,913 to €135,298
- Staff costs +€13,538
up €13,538 (+28.2%), from €48,008 to €61,546
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 | €1,208,777 | €1,502,871 | +€294,094 | +24.3% |
| Fixed assets | 21/28 | €875,922 | €933,962 | +€58,040 | +6.6% |
| Intangible fixed assets | 21 | €59,967 | €51,967 | -€8,000 | -13.3% |
| Tangible fixed assets | 22/27 | €815,955 | €881,995 | +€66,040 | +8.1% |
| Land and buildings | 22 | €625,219 | €700,011 | +€74,793 | +12.0% |
| Plant, machinery and equipment | 23 | €38,456 | €36,138 | -€2,318 | -6.0% |
| Furniture and vehicles | 24 | €152,280 | €145,845 | -€6,435 | -4.2% |
| Current assets | 29/58 | €332,855 | €568,909 | +€236,055 | +70.9% |
| Amounts receivable after more than one year | 29 | €240,419 | €352,313 | +€111,894 | +46.5% |
| Other amounts receivable | 291 | €240,419 | €352,313 | +€111,894 | +46.5% |
| Stocks and contracts in progress | 3 | €4,450 | €6,513 | +€2,063 | +46.4% |
| Stocks | 30/36 | €4,450 | €6,513 | +€2,063 | +46.4% |
| Amounts receivable within one year | 40/41 | €14,168 | €37,772 | +€23,604 | +167% |
| Trade receivables | 40 | €14,168 | €33,046 | +€18,878 | +133% |
| Other amounts receivable | 41 | - | €4,725 | +€4,725 | |
| Current investments | 50/53 | €54,000 | €164,000 | +€110,000 | +204% |
| Cash at bank and in hand | 54/58 | €19,097 | €7,047 | -€12,049 | -63.1% |
| Deferred charges and accrued income | 490/1 | €721 | €1,264 | +€543 | +75.3% |
| Total equity and liabilities | 10/49 | €1,208,777 | €1,502,871 | +€294,094 | +24.3% |
| Equity | 10/15 | €448,589 | €746,980 | +€298,392 | +66.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €75,640 | +€75,640 | |
| Reserves | 13 | €445,589 | €668,340 | +€222,752 | +50.0% |
| Distributable reserves | 133 | €445,589 | €668,340 | +€222,752 | +50.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €760,188 | €755,891 | -€4,297 | -0.6% |
| Amounts payable after more than one year | 17 | €648,744 | €556,428 | -€92,315 | -14.2% |
| Financial debts | 170/4 | €648,744 | €556,428 | -€92,315 | -14.2% |
| Amounts payable within one year | 42/48 | €111,445 | €199,462 | +€88,018 | +79.0% |
| Current portion of amounts payable after more than one year | 42 | €92,251 | €92,315 | +€64 | +0.1% |
| Trade debts | 44 | €6,956 | €26,637 | +€19,681 | +283% |
| Suppliers | 440/4 | €6,956 | €26,637 | +€19,681 | +283% |
| Taxes, remuneration and social security | 45 | €11,769 | €16,960 | +€5,191 | +44.1% |
| Taxes | 450/3 | €6,106 | €11,550 | +€5,444 | +89.2% |
| Remuneration and social security | 454/9 | €5,663 | €5,410 | -€253 | -4.5% |
| Other amounts payable | 47/48 | €468 | €63,550 | +€63,082 | +13,479% |
| Remuneration, social security and pensions | 62 | €48,008 | €61,546 | +€13,538 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,576 | €28,747 | -€74,830 | -72.2% |
| Other operating charges | 640/8 | €4,176 | €1,686 | -€2,490 | -59.6% |
| Non-recurring operating charges | 66A | €9,900 | €0 | -€9,900 | -100% |
| Gross operating margin | 9900 | €474,747 | €537,164 | +€62,417 | +13.1% |
| Operating profit (loss) | 9901 | €309,086 | €445,186 | +€136,099 | +44.0% |
| Financial income | 75/76B | €5,744 | €8,556 | +€2,813 | +49.0% |
| Recurring financial income | 75 | €5,744 | €8,556 | +€2,813 | +49.0% |
| Financial charges | 65/66B | €22,509 | €27,725 | +€5,216 | +23.2% |
| Recurring financial charges | 65 | €22,509 | €27,725 | +€5,216 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €292,321 | €426,017 | +€133,696 | +45.7% |
| Income taxes | 67/77 | €92,913 | €135,298 | +€42,384 | +45.6% |
| Profit (loss) for the period | 9904 | €199,408 | €290,720 | +€91,312 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €199,408 | €290,720 | +€91,312 | +45.8% |
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 25 October 2026 via checked.be.