Javra: 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.
Javra
Largest movements
- Tangible fixed assets -€55,551
down €55,551 (-19.1%), from €290,096 to €234,545
of which Leasing and similar rights: -€47,970
- Current investments -€10,000
down €10,000 (-14.3%), from €70,000 to €60,000
- Cash -€4,985
down €4,985 (-35.5%), from €14,044 to €9,058
mainly Contributions, distributions and other (-€69,665) and Debts after one year (-€35,179)
- Debts after one year -€35,179
down €35,179 (-24.7%), from €142,678 to €107,499
- Contributions -€29,250
down €29,250 (-90.0%), from €32,500 to €3,250
- Reserves -€27,771
down €27,771 (-19.6%), from €141,710 to €113,939
- Provisions +€20,721
new in 2025: €20,721
- Current portion of long-term debt -€5,664
down €5,664 (-13.9%), from €40,843 to €35,179
- Provisions +€20,721
new in 2025: €20,721
- Gross operating margin +€11,680
up €11,680 (+10.7%), from €109,124 to €120,804
- Other operating charges +€2,067
up €2,067 (+55.9%), from €3,699 to €5,767
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 | €381,765 | €308,493 | -€73,272 | -19.2% |
| Fixed assets | 21/28 | €290,096 | €234,545 | -€55,551 | -19.1% |
| Tangible fixed assets | 22/27 | €290,096 | €234,545 | -€55,551 | -19.1% |
| Furniture and vehicles | 24 | €7,581 | - | -€7,581 | |
| Leasing and similar rights | 25 | €282,515 | €234,545 | -€47,970 | -17.0% |
| Current assets | 29/58 | €91,669 | €73,948 | -€17,721 | -19.3% |
| Amounts receivable within one year | 40/41 | €4,620 | €4,696 | +€77 | +1.7% |
| Trade receivables | 40 | €4,620 | €4,696 | +€77 | +1.7% |
| Current investments | 50/53 | €70,000 | €60,000 | -€10,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €14,044 | €9,058 | -€4,985 | -35.5% |
| Deferred charges and accrued income | 490/1 | €3,006 | €194 | -€2,812 | -93.6% |
| Total equity and liabilities | 10/49 | €381,765 | €308,493 | -€73,272 | -19.2% |
| Equity | 10/15 | €174,210 | €117,189 | -€57,021 | -32.7% |
| Contributions | 10/11 | €32,500 | €3,250 | -€29,250 | -90.0% |
| Reserves | 13 | €141,710 | €113,939 | -€27,771 | -19.6% |
| Distributable reserves | 133 | €141,710 | €113,939 | -€27,771 | -19.6% |
| Provisions and deferred taxes | 16 | - | €20,721 | +€20,721 | |
| Provisions for liabilities and charges | 160/5 | - | €20,721 | +€20,721 | |
| Other liabilities and charges | 164/5 | - | €20,721 | +€20,721 | |
| Amounts payable | 17/49 | €207,555 | €170,583 | -€36,972 | -17.8% |
| Amounts payable after more than one year | 17 | €142,678 | €107,499 | -€35,179 | -24.7% |
| Financial debts | 170/4 | €142,678 | €107,499 | -€35,179 | -24.7% |
| Amounts payable within one year | 42/48 | €64,877 | €62,230 | -€2,647 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €40,843 | €35,179 | -€5,664 | -13.9% |
| Trade debts | 44 | €3,234 | €1,224 | -€2,009 | -62.1% |
| Suppliers | 440/4 | €3,234 | €1,224 | -€2,009 | -62.1% |
| Taxes, remuneration and social security | 45 | €15,239 | €19,489 | +€4,251 | +27.9% |
| Taxes | 450/3 | €14,818 | €19,489 | +€4,671 | +31.5% |
| Remuneration and social security | 454/9 | €421 | - | -€421 | |
| Other amounts payable | 47/48 | €5,562 | €6,338 | +€776 | +13.9% |
| Accrued charges and deferred income | 492/3 | - | €854 | +€854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,126 | €64,651 | -€474 | -0.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,721 | +€20,721 | |
| Other operating charges | 640/8 | €3,699 | €5,767 | +€2,067 | +55.9% |
| Gross operating margin | 9900 | €109,124 | €120,804 | +€11,680 | +10.7% |
| Operating profit (loss) | 9901 | €40,300 | €29,666 | -€10,634 | -26.4% |
| Financial income | 75/76B | €932 | €369 | -€563 | -60.4% |
| Recurring financial income | 75 | €932 | €369 | -€563 | -60.4% |
| Financial charges | 65/66B | €4,080 | €4,437 | +€357 | +8.8% |
| Recurring financial charges | 65 | €4,080 | €4,437 | +€357 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €37,151 | €25,598 | -€11,554 | -31.1% |
| Income taxes | 67/77 | €12,726 | €12,954 | +€227 | +1.8% |
| Profit (loss) for the period | 9904 | €24,425 | €12,644 | -€11,781 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,425 | €12,644 | -€11,781 | -48.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.