JEVADEST: 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.
JEVADEST
Largest movements
- Cash +€36,036
up €36,036 (+139%), from €25,998 to €62,034
mainly Net result for the year (+€30,437) and Tax, wage and social debts (+€21,501)
- Tangible fixed assets +€7,848
up €7,848 (+7.6%), from €103,794 to €111,642
- Stocks and contracts +€3,410
new in 2025: €3,410
- Receivables within one year -€3,267
down €3,267 (-58.1%), from €5,620 to €2,353
of which Other amounts receivable: -€3,631
- Reserves +€29,604
up €29,604 (+223%), from €13,259 to €42,863
- Tax, wage and social debts +€21,501
up €21,501 (+556%), from €3,870 to €25,371
of which Taxes: +€15,554
- Debts after one year -€6,827
down €6,827 (-9.7%), from €70,660 to €63,833
- Gross operating margin +€123,288
up €123,288 (+238%), from €51,800 to €175,089
- Staff costs +€82,772
up €82,772 (+250%), from €33,104 to €115,875
- Depreciation +€9,699
up €9,699 (+310%), from €3,126 to €12,825
- Taxes +€7,005
up €7,005 (+470%), from €1,491 to €8,496
- Financial charges +€5,276
up €5,276 (+329%), from €1,604 to €6,880
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 | €135,456 | €180,382 | +€44,926 | +33.2% |
| Fixed assets | 21/28 | €103,794 | €111,642 | +€7,848 | +7.6% |
| Tangible fixed assets | 22/27 | €103,794 | €111,642 | +€7,848 | +7.6% |
| Plant, machinery and equipment | 23 | €34,845 | €35,879 | +€1,034 | +3.0% |
| Furniture and vehicles | 24 | €9,486 | €13,260 | +€3,773 | +39.8% |
| Other tangible fixed assets | 26 | €59,462 | €62,503 | +€3,041 | +5.1% |
| Current assets | 29/58 | €31,662 | €68,740 | +€37,077 | +117% |
| Stocks and contracts in progress | 3 | - | €3,410 | +€3,410 | |
| Stocks | 30/36 | - | €3,410 | +€3,410 | |
| Amounts receivable within one year | 40/41 | €5,620 | €2,353 | -€3,267 | -58.1% |
| Trade receivables | 40 | €20 | €384 | +€364 | +1,819% |
| Other amounts receivable | 41 | €5,600 | €1,969 | -€3,631 | -64.8% |
| Cash at bank and in hand | 54/58 | €25,998 | €62,034 | +€36,036 | +139% |
| Deferred charges and accrued income | 490/1 | €45 | €943 | +€898 | +2,007% |
| Total equity and liabilities | 10/49 | €135,456 | €180,382 | +€44,926 | +33.2% |
| Equity | 10/15 | €14,259 | €43,863 | +€29,604 | +208% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,259 | €42,863 | +€29,604 | +223% |
| Distributable reserves | 133 | €13,259 | €42,863 | +€29,604 | +223% |
| Amounts payable | 17/49 | €121,197 | €136,518 | +€15,322 | +12.6% |
| Amounts payable after more than one year | 17 | €70,660 | €63,833 | -€6,827 | -9.7% |
| Financial debts | 170/4 | €70,660 | €63,833 | -€6,827 | -9.7% |
| Amounts payable within one year | 42/48 | €49,632 | €71,807 | +€22,175 | +44.7% |
| Current portion of amounts payable after more than one year | 42 | €6,546 | €6,827 | +€280 | +4.3% |
| Trade debts | 44 | €23,936 | €24,353 | +€418 | +1.7% |
| Suppliers | 440/4 | €23,936 | €24,353 | +€418 | +1.7% |
| Advances received on contracts in progress | 46 | €6,436 | €5,587 | -€849 | -13.2% |
| Taxes, remuneration and social security | 45 | €3,870 | €25,371 | +€21,501 | +556% |
| Taxes | 450/3 | €1,491 | €17,045 | +€15,554 | +1,043% |
| Remuneration and social security | 454/9 | €2,379 | €8,326 | +€5,947 | +250% |
| Other amounts payable | 47/48 | €8,844 | €9,669 | +€825 | +9.3% |
| Accrued charges and deferred income | 492/3 | €905 | €878 | -€27 | -3.0% |
| Remuneration, social security and pensions | 62 | €33,104 | €115,875 | +€82,772 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,126 | €12,825 | +€9,699 | +310% |
| Other operating charges | 640/8 | - | €651 | +€651 | |
| Gross operating margin | 9900 | €51,800 | €175,089 | +€123,288 | +238% |
| Operating profit (loss) | 9901 | €15,571 | €45,737 | +€30,166 | +194% |
| Financial income | 75/76B | €783 | €76 | -€706 | -90.2% |
| Recurring financial income | 75 | €783 | €76 | -€706 | -90.2% |
| Financial charges | 65/66B | €1,604 | €6,880 | +€5,276 | +329% |
| Recurring financial charges | 65 | €1,604 | €6,880 | +€5,276 | +329% |
| Profit (loss) for the period before taxes | 9903 | €14,750 | €38,933 | +€24,183 | +164% |
| Income taxes | 67/77 | €1,491 | €8,496 | +€7,005 | +470% |
| Profit (loss) for the period | 9904 | €13,259 | €30,437 | +€17,178 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €13,259 | €30,437 | +€17,178 | +130% |
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.