JEVAGA: 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.
JEVAGA
Largest movements
- Tangible fixed assets -€43,822
down €43,822 (-7.2%), from €606,808 to €562,986
of which Land and buildings: -€56,002
- Receivables within one year -€43,125
down €43,125 (-37.5%), from €115,090 to €71,965
of which Other amounts receivable: -€22,978
- Cash +€28,353
up €28,353 (+440%), from €6,448 to €34,801
mainly Depreciation (+€112,094) and Receivables within one year (+€43,125)
- Stocks and contracts +€10,216
up €10,216 (+25.9%), from €39,519 to €49,735
- Debts after one year -€51,634
down €51,634 (-11.8%), from €437,024 to €385,390
- Current portion of long-term debt -€46,083
down €46,083 (-37.9%), from €121,539 to €75,456
- Trade debts +€28,771
up €28,771 (+450%), from €6,390 to €35,161
- Reserves +€26,969
up €26,969 (+14.4%), from €187,501 to €214,470
- Gross operating margin +€27,618
up €27,618 (+11.6%), from €237,933 to €265,551
- Staff costs +€12,660
up €12,660 (+20.9%), from €60,708 to €73,368
- Financial charges +€7,116
up €7,116 (+19.4%), from €36,659 to €43,775
of which Non-recurring financial charges: +€12,975
- Other operating charges +€2,875
up €2,875 (+83.6%), from €3,440 to €6,315
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 | €834,365 | €785,987 | -€48,378 | -5.8% |
| Fixed assets | 21/28 | €673,308 | €629,486 | -€43,822 | -6.5% |
| Tangible fixed assets | 22/27 | €606,808 | €562,986 | -€43,822 | -7.2% |
| Land and buildings | 22 | €594,984 | €538,982 | -€56,002 | -9.4% |
| Plant, machinery and equipment | 23 | €11,487 | €23,824 | +€12,337 | +107% |
| Furniture and vehicles | 24 | €337 | €180 | -€157 | -46.6% |
| Financial fixed assets | 28 | €66,500 | €66,500 | = | 0.0% |
| Current assets | 29/58 | €161,057 | €156,501 | -€4,556 | -2.8% |
| Stocks and contracts in progress | 3 | €39,519 | €49,735 | +€10,216 | +25.9% |
| Stocks | 30/36 | €39,519 | €49,735 | +€10,216 | +25.9% |
| Amounts receivable within one year | 40/41 | €115,090 | €71,965 | -€43,125 | -37.5% |
| Trade receivables | 40 | €91,742 | €71,595 | -€20,147 | -22.0% |
| Other amounts receivable | 41 | €23,348 | €370 | -€22,978 | -98.4% |
| Cash at bank and in hand | 54/58 | €6,448 | €34,801 | +€28,353 | +440% |
| Total equity and liabilities | 10/49 | €834,365 | €785,987 | -€48,378 | -5.8% |
| Equity | 10/15 | €212,501 | €239,470 | +€26,969 | +12.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €187,501 | €214,470 | +€26,969 | +14.4% |
| Distributable reserves | 133 | €187,501 | €214,470 | +€26,969 | +14.4% |
| Amounts payable | 17/49 | €621,864 | €546,517 | -€75,347 | -12.1% |
| Amounts payable after more than one year | 17 | €437,024 | €385,390 | -€51,634 | -11.8% |
| Financial debts | 170/4 | €437,024 | €385,390 | -€51,634 | -11.8% |
| Amounts payable within one year | 42/48 | €171,820 | €154,047 | -€17,773 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €121,539 | €75,456 | -€46,083 | -37.9% |
| Trade debts | 44 | €6,390 | €35,161 | +€28,771 | +450% |
| Suppliers | 440/4 | €6,390 | €35,161 | +€28,771 | +450% |
| Taxes, remuneration and social security | 45 | €31,161 | €31,836 | +€675 | +2.2% |
| Taxes | 450/3 | €28,514 | €27,580 | -€934 | -3.3% |
| Remuneration and social security | 454/9 | €2,647 | €4,256 | +€1,609 | +60.8% |
| Other amounts payable | 47/48 | €12,730 | €11,594 | -€1,136 | -8.9% |
| Accrued charges and deferred income | 492/3 | €13,020 | €7,080 | -€5,940 | -45.6% |
| Remuneration, social security and pensions | 62 | €60,708 | €73,368 | +€12,660 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,028 | €112,094 | -€1,934 | -1.7% |
| Other operating charges | 640/8 | €3,440 | €6,315 | +€2,875 | +83.6% |
| Gross operating margin | 9900 | €237,933 | €265,551 | +€27,618 | +11.6% |
| Operating profit (loss) | 9901 | €59,757 | €73,774 | +€14,017 | +23.5% |
| Financial income | 75/76B | €2,417 | €3,762 | +€1,345 | +55.6% |
| Recurring financial income | 75 | €28 | €183 | +€155 | +554% |
| Non-recurring financial income | 76B | €2,389 | €3,579 | +€1,190 | +49.8% |
| Financial charges | 65/66B | €36,659 | €43,775 | +€7,116 | +19.4% |
| Recurring financial charges | 65 | €27,144 | €21,285 | -€5,859 | -21.6% |
| Non-recurring financial charges | 66B | €9,515 | €22,490 | +€12,975 | +136% |
| Profit (loss) for the period before taxes | 9903 | €25,515 | €33,761 | +€8,246 | +32.3% |
| Income taxes | 67/77 | €6,960 | €6,792 | -€168 | -2.4% |
| Profit (loss) for the period | 9904 | €18,555 | €26,969 | +€8,414 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,555 | €26,969 | +€8,414 | +45.3% |
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 22 October 2026 via checked.be.