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JAVOFI: what changed

Two fiscal 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.

What changed

JAVOFI

BE 0441.291.602
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€58,974
2024 · €18,431-€77,404
Equity
€327,337
2024 · €386,311-€58,974
Cash
€143,225
2024 · €167,315-€24,090
Balance sheet total
€680,093
2024 · €738,794-€58,701

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€37,122

    down €37,122 (-6.5%), from €571,219 to €534,097

  • Cash -€24,090

    down €24,090 (-14.4%), from €167,315 to €143,225

    mainly Net result for the year (-€58,974) and Provisions (-€3,236)

Equity and liabilities
  • Profit (loss) carried forward -€49,265

    down €49,265 (-54.4%), from -€90,561 to -€139,826

  • Reserves -€9,708

    down €9,708 (-12.2%), from €79,872 to €70,164

    of which Tax-exempt reserves: -€9,708

Income statement
  • Gross operating margin -€74,213

    down €74,213 (-82.1%), from €90,370 to €16,158

  • Other operating charges +€3,564

    up €3,564 (+26.3%), from €13,553 to €17,117

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,431
Gross operating margin -€74,213
Other operating charges -€3,564
Financial income -€0
Financial charges +€387
Taxes -€14
Result 2025 -€58,974

Cash bridge derived

cash 2024 to 2025

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.

From operations -€24,090
Investment €0
Financing €0
Cash 2024 €167,315
Net result for the year -€58,974
Depreciation +€37,122
Receivables within one year +€260
Deferred charges and accrued income -€2,771
Provisions -€3,236
Trade debts +€708
Tax, wage and social debts +€906
Other debts +€1,895
Cash 2025 €143,225
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €738,794 €680,093 -€58,701 -7.9%
Fixed assets 21/28 €571,219 €534,097 -€37,122 -6.5%
Tangible fixed assets 22/27 €571,219 €534,097 -€37,122 -6.5%
Land and buildings 22 €571,219 €534,097 -€37,122 -6.5%
Current assets 29/58 €167,575 €145,996 -€21,579 -12.9%
Amounts receivable within one year 40/41 €260 - -€260
Trade receivables 40 €260 - -€260
Cash at bank and in hand 54/58 €167,315 €143,225 -€24,090 -14.4%
Deferred charges and accrued income 490/1 - €2,771 +€2,771
Total equity and liabilities 10/49 €738,794 €680,093 -€58,701 -7.9%
Equity 10/15 €386,311 €327,337 -€58,974 -15.3%
Contributions 10/11 €397,000 €397,000 = 0.0%
Reserves 13 €79,872 €70,164 -€9,708 -12.2%
Tax-exempt reserves 132 €79,493 €69,784 -€9,708 -12.2%
Distributable reserves 133 €379 €379 = 0.0%
Profit (loss) carried forward 14 -€90,561 -€139,826 -€49,265 -54.4%
Provisions and deferred taxes 16 €26,498 €23,261 -€3,236 -12.2%
Deferred taxes 168 €26,498 €23,261 -€3,236 -12.2%
Amounts payable 17/49 €325,986 €329,495 +€3,509 +1.1%
Amounts payable after more than one year 17 €2,630 €2,630 = 0.0%
Other amounts payable 178/9 €2,630 €2,630 = 0.0%
Amounts payable within one year 42/48 €323,356 €326,865 +€3,509 +1.1%
Trade debts 44 €49 €757 +€708 +1441.3%
Suppliers 440/4 €49 €757 +€708 +1441.3%
Taxes, remuneration and social security 45 €6,687 €7,593 +€906 +13.5%
Taxes 450/3 €6,687 €7,593 +€906 +13.5%
Other amounts payable 47/48 €316,619 €318,515 +€1,895 +0.6%
Non-recurring operating income 76A €78,382 - -€78,382
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €37,122 €37,122 = 0.0%
Other operating charges 640/8 €13,553 €17,117 +€3,564 +26.3%
Gross operating margin 9900 €90,370 €16,158 -€74,213 -82.1%
Operating profit (loss) 9901 €39,695 -€38,081 -€77,777
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €24,089 €23,702 -€387 -1.6%
Recurring financial charges 65 €24,089 €23,702 -€387 -1.6%
Profit (loss) for the period before taxes 9903 €15,606 -€61,784 -€77,390
Transfer from deferred taxes 780 €3,236 €3,236 = 0.0%
Income taxes 67/77 €412 €426 +€14 +3.5%
Profit (loss) for the period 9904 €18,431 -€58,974 -€77,404
Transfer from tax-exempt reserves 789 €9,708 €9,708 = 0.0%
Profit (loss) for the period to be appropriated 9905 €28,139 -€49,265 -€77,404

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.