JEVACO: 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.
JEVACO
Largest movements
- Financial fixed assets -€232,425
down €232,425 (-58.2%), from €399,514 to €167,089
- Receivables within one year -€151,782
down €151,782 (-30.8%), from €492,492 to €340,710
of which Other amounts receivable: -€79,661
- Tangible fixed assets -€41,088
down €41,088 (-3.0%), from €1.4m to €1.3m
of which Land and buildings: -€39,566
- Profit (loss) carried forward -€446,008
down €446,008 (-22.3%), from -€2.0m to -€2.4m
- Financial charges +€392,016
up €392,016 (+91,058%), from €431 to €392,446
of which Non-recurring financial charges: +€247,760
- Financial income -€71,544
down €71,544 (-82.3%), from €86,925 to €15,380
of which Financial income: -€86,880
- Gross operating margin -€12,770
down €12,770 (-124%), from -€10,308 to -€23,077
- Other operating charges -€988
down €988 (-17.5%), from €5,651 to €4,662
- Depreciation +€533
up €533 (+1.3%), from €40,554 to €41,088
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 | €2,298,539 | €1,861,177 | -€437,363 | -19.0% |
| Fixed assets | 21/28 | €1,777,914 | €1,504,401 | -€273,512 | -15.4% |
| Tangible fixed assets | 22/27 | €1,378,400 | €1,337,312 | -€41,088 | -3.0% |
| Land and buildings | 22 | €1,350,704 | €1,311,138 | -€39,566 | -2.9% |
| Furniture and vehicles | 24 | €100 | €0 | -€100 | -100% |
| Other tangible fixed assets | 26 | €27,596 | €26,174 | -€1,422 | -5.2% |
| Financial fixed assets | 28 | €399,514 | €167,089 | -€232,425 | -58.2% |
| Current assets | 29/58 | €520,626 | €356,775 | -€163,850 | -31.5% |
| Amounts receivable after more than one year | 29 | €19,280 | €12,087 | -€7,193 | -37.3% |
| Other amounts receivable | 291 | €19,280 | €12,087 | -€7,193 | -37.3% |
| Amounts receivable within one year | 40/41 | €492,492 | €340,710 | -€151,782 | -30.8% |
| Trade receivables | 40 | €218,145 | €146,024 | -€72,121 | -33.1% |
| Other amounts receivable | 41 | €274,347 | €194,686 | -€79,661 | -29.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,365 | €1,978 | -€4,387 | -68.9% |
| Deferred charges and accrued income | 490/1 | €2,488 | €2,000 | -€488 | -19.6% |
| Total equity and liabilities | 10/49 | €2,298,539 | €1,861,177 | -€437,363 | -19.0% |
| Equity | 10/15 | €1,394,883 | €948,875 | -€446,008 | -32.0% |
| Contributions | 10/11 | €3,375,000 | €3,375,000 | = | 0.0% |
| Capital | 10 | €3,375,000 | €3,375,000 | = | 0.0% |
| Issued capital | 100 | €3,375,000 | €3,375,000 | = | 0.0% |
| Reserves | 13 | €20,100 | €20,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Legal reserve | 130 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,000,217 | -€2,446,225 | -€446,008 | -22.3% |
| Amounts payable | 17/49 | €903,656 | €912,301 | +€8,645 | +1.0% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €653,656 | €662,301 | +€8,645 | +1.3% |
| Trade debts | 44 | €534 | €4,487 | +€3,954 | +741% |
| Suppliers | 440/4 | €534 | €4,487 | +€3,954 | +741% |
| Taxes, remuneration and social security | 45 | €421 | €120 | -€301 | -71.5% |
| Taxes | 450/3 | €421 | €120 | -€301 | -71.5% |
| Other amounts payable | 47/48 | €652,701 | €657,694 | +€4,993 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,554 | €41,088 | +€533 | +1.3% |
| Other operating charges | 640/8 | €5,651 | €4,662 | -€988 | -17.5% |
| Gross operating margin | 9900 | -€10,308 | -€23,077 | -€12,770 | -124% |
| Operating profit (loss) | 9901 | -€56,513 | -€68,828 | -€12,315 | -21.8% |
| Financial income | 75/76B | €86,925 | €15,380 | -€71,544 | -82.3% |
| Recurring financial income | 75 | €86,925 | €45 | -€86,880 | -99.9% |
| Non-recurring financial income | 76B | - | €15,336 | +€15,336 | |
| Financial charges | 65/66B | €431 | €392,446 | +€392,016 | +91,058% |
| Recurring financial charges | 65 | €431 | €144,686 | +€144,256 | +33,508% |
| Non-recurring financial charges | 66B | - | €247,760 | +€247,760 | |
| Profit (loss) for the period before taxes | 9903 | €29,981 | -€445,893 | -€475,875 | |
| Income taxes | 67/77 | €627 | €115 | -€512 | -81.7% |
| Profit (loss) for the period | 9904 | €29,355 | -€446,008 | -€475,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,355 | -€446,008 | -€475,363 |
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 20 October 2026 via checked.be.