JEVACU: 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.
JEVACU
Largest movements
- Cash +€24,004
up €24,004 (+22.2%), from €108,213 to €132,216
mainly Net result for the year (+€20,035) and Tax, wage and social debts (+€3,921)
- Reserves +€20,035
up €20,035 (+18.1%), from €110,981 to €131,016
- Tax, wage and social debts +€3,921
up €3,921 (+113%), from €3,465 to €7,386
- Gross operating margin +€4,628
up €4,628 (+17.1%), from €27,021 to €31,649
- Taxes +€2,690
up €2,690 (+37.7%), from €7,140 to €9,830
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 | €115,473 | €139,444 | +€23,971 | +20.8% |
| Fixed assets | 21/28 | €6,940 | €6,989 | +€49 | +0.7% |
| Tangible fixed assets | 22/27 | €6,940 | €6,989 | +€49 | +0.7% |
| Land and buildings | 22 | €6,940 | €5,828 | -€1,111 | -16.0% |
| Furniture and vehicles | 24 | - | €1,160 | +€1,160 | |
| Current assets | 29/58 | €108,533 | €132,456 | +€23,922 | +22.0% |
| Amounts receivable within one year | 40/41 | €51 | €239 | +€188 | +370% |
| Trade receivables | 40 | - | €239 | +€239 | |
| Other amounts receivable | 41 | €51 | €0 | -€51 | -100% |
| Cash at bank and in hand | 54/58 | €108,213 | €132,216 | +€24,004 | +22.2% |
| Deferred charges and accrued income | 490/1 | €270 | €0 | -€270 | -100% |
| Total equity and liabilities | 10/49 | €115,473 | €139,444 | +€23,971 | +20.8% |
| Equity | 10/15 | €111,981 | €132,016 | +€20,035 | +17.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €110,981 | €131,016 | +€20,035 | +18.1% |
| Distributable reserves | 133 | €110,981 | €131,016 | +€20,035 | +18.1% |
| Amounts payable | 17/49 | €3,492 | €7,428 | +€3,936 | +113% |
| Amounts payable within one year | 42/48 | €3,492 | €7,428 | +€3,936 | +113% |
| Trade debts | 44 | €27 | €27 | +€1 | +2.4% |
| Suppliers | 440/4 | €27 | €27 | +€1 | +2.4% |
| Taxes, remuneration and social security | 45 | €3,465 | €7,386 | +€3,921 | +113% |
| Taxes | 450/3 | €3,465 | €7,386 | +€3,921 | +113% |
| Other amounts payable | 47/48 | €0 | €14 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,132 | +€21 | +1.9% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €27,021 | €31,649 | +€4,628 | +17.1% |
| Operating profit (loss) | 9901 | €25,397 | €29,990 | +€4,593 | +18.1% |
| Financial charges | 65/66B | €83 | €125 | +€42 | +50.0% |
| Recurring financial charges | 65 | €83 | €125 | +€42 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €25,314 | €29,865 | +€4,551 | +18.0% |
| Income taxes | 67/77 | €7,140 | €9,830 | +€2,690 | +37.7% |
| Profit (loss) for the period | 9904 | €18,174 | €20,035 | +€1,862 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,174 | €20,035 | +€1,862 | +10.2% |
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 14 October 2026 via checked.be.