JEVAC INVEST: 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.
JEVAC INVEST
Largest movements
- Receivables within one year +€8,132
up €8,132 (+148%), from €5,500 to €13,632
of which Other amounts receivable: +€8,960
- Deferred charges and accrued income -€2,984
down €2,984 (-22.4%), from €13,293 to €10,309
- Tangible fixed assets -€2,622
down €2,622 (-5.2%), from €50,005 to €47,383
of which Plant, machinery and equipment: -€1,831
- Cash +€1,832
up €1,832 (+23.4%), from €7,844 to €9,675
mainly Net result for the year (+€8,726) and Provisions (+€8,400)
- Trade debts -€11,232
down €11,232 (-88.3%), from €12,719 to €1,488
- Reserves +€8,726
up €8,726 (+111%), from €7,843 to €16,568
- Provisions +€8,400
new in 2025: €8,400
- Debts after one year -€3,740
down €3,740 (-45.1%), from €8,298 to €4,558
- Tax, wage and social debts +€2,055
up €2,055 (+16.8%), from €12,211 to €14,266
- Gross operating margin -€6,084
down €6,084 (-24.3%), from €25,011 to €18,927
- Financial charges -€1,205
down €1,205 (-42.2%), from €2,853 to €1,648
- Depreciation +€1,079
up €1,079 (+69.9%), from €1,543 to €2,622
- Taxes +€296
up €296 (+5.8%), from €5,144 to €5,440
- Other operating charges -€292
down €292 (-37.2%), from €783 to €491
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 | €76,708 | €81,065 | +€4,357 | +5.7% |
| Fixed assets | 21/28 | €50,072 | €47,450 | -€2,622 | -5.2% |
| Tangible fixed assets | 22/27 | €50,005 | €47,383 | -€2,622 | -5.2% |
| Land and buildings | 22 | €39,600 | €39,600 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,072 | €2,241 | -€1,831 | -45.0% |
| Other tangible fixed assets | 26 | €6,334 | €5,542 | -€792 | -12.5% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €26,637 | €33,616 | +€6,979 | +26.2% |
| Amounts receivable within one year | 40/41 | €5,500 | €13,632 | +€8,132 | +148% |
| Trade receivables | 40 | €828 | - | -€828 | |
| Other amounts receivable | 41 | €4,671 | €13,632 | +€8,960 | +192% |
| Cash at bank and in hand | 54/58 | €7,844 | €9,675 | +€1,832 | +23.4% |
| Deferred charges and accrued income | 490/1 | €13,293 | €10,309 | -€2,984 | -22.4% |
| Total equity and liabilities | 10/49 | €76,708 | €81,065 | +€4,357 | +5.7% |
| Equity | 10/15 | €39,888 | €48,614 | +€8,726 | +21.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,843 | €16,568 | +€8,726 | +111% |
| Distributable reserves | 133 | €7,843 | €16,568 | +€8,726 | +111% |
| Profit (loss) carried forward | 14 | €25,846 | €25,846 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €8,400 | +€8,400 | |
| Provisions for liabilities and charges | 160/5 | - | €8,400 | +€8,400 | |
| Major repairs and maintenance | 162 | - | €8,400 | +€8,400 | |
| Amounts payable | 17/49 | €36,820 | €24,051 | -€12,769 | -34.7% |
| Amounts payable after more than one year | 17 | €8,298 | €4,558 | -€3,740 | -45.1% |
| Financial debts | 170/4 | €8,298 | €4,558 | -€3,740 | -45.1% |
| Amounts payable within one year | 42/48 | €28,522 | €19,493 | -€9,029 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €3,592 | €3,740 | +€148 | +4.1% |
| Trade debts | 44 | €12,719 | €1,488 | -€11,232 | -88.3% |
| Suppliers | 440/4 | €12,719 | €1,488 | -€11,232 | -88.3% |
| Taxes, remuneration and social security | 45 | €12,211 | €14,266 | +€2,055 | +16.8% |
| Taxes | 450/3 | €12,211 | €14,266 | +€2,055 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,543 | €2,622 | +€1,079 | +69.9% |
| Other operating charges | 640/8 | €783 | €491 | -€292 | -37.2% |
| Gross operating margin | 9900 | €25,011 | €18,927 | -€6,084 | -24.3% |
| Operating profit (loss) | 9901 | €22,685 | €15,813 | -€6,871 | -30.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,853 | €1,648 | -€1,205 | -42.2% |
| Recurring financial charges | 65 | €2,853 | €1,648 | -€1,205 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €19,831 | €14,166 | -€5,666 | -28.6% |
| Income taxes | 67/77 | €5,144 | €5,440 | +€296 | +5.8% |
| Profit (loss) for the period | 9904 | €14,688 | €8,726 | -€5,962 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,688 | €8,726 | -€5,962 | -40.6% |
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.