JIVELUX: 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.
JIVELUX
Largest movements
- Cash -€107,102
down €107,102 (-39.8%), from €269,387 to €162,285
mainly Receivables within one year (-€79,126) and Investment in fixed assets (net) (-€41,392)
- Receivables within one year +€79,126
up €79,126 (+98.2%), from €80,595 to €159,721
of which Trade receivables: +€63,968
- Stocks and contracts -€55,687
down €55,687 (-100.0%), from €55,687 to €0
- Tax, wage and social debts -€29,544
down €29,544 (-73.9%), from €40,001 to €10,457
of which Remuneration and social security: -€25,069
- Other debts -€21,724
down €21,724 (-17.1%), from €126,849 to €105,125
- Debts after one year -€21,465
down €21,465 (-30.0%), from €71,465 to €50,000
of which Other amounts payable: -€15,975
- Reserves -€13,652
down €13,652 (-2.4%), from €569,465 to €555,813
of which Distributable reserves: -€11,614
- Trade debts +€10,428
up €10,428 (+59.2%), from €17,615 to €28,043
- Gross operating margin -€196,686
down €196,686 (-47.7%), from €412,431 to €215,745
- Staff costs -€91,516
down €91,516 (-36.0%), from €254,064 to €162,548
- Taxes -€20,202
down €20,202 (-100.0%), from €20,202 to €0
- Other operating charges +€8,390
up €8,390 (+57.1%), from €14,697 to €23,087
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.
Cash bridge derived
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 | €868,832 | €791,953 | -€76,879 | -8.8% |
| Fixed assets | 21/28 | €450,342 | €456,450 | +€6,108 | +1.4% |
| Tangible fixed assets | 22/27 | €450,142 | €456,300 | +€6,158 | +1.4% |
| Land and buildings | 22 | €449,734 | €456,300 | +€6,566 | +1.5% |
| Plant, machinery and equipment | 23 | €408 | €0 | -€408 | -100.0% |
| Financial fixed assets | 28 | €200 | €150 | -€50 | -24.8% |
| Current assets | 29/58 | €418,491 | €335,503 | -€82,988 | -19.8% |
| Stocks and contracts in progress | 3 | €55,687 | €0 | -€55,687 | -100.0% |
| Stocks | 30/36 | €55,687 | €0 | -€55,687 | -100.0% |
| Amounts receivable within one year | 40/41 | €80,595 | €159,721 | +€79,126 | +98.2% |
| Trade receivables | 40 | €77,042 | €141,010 | +€63,968 | +83.0% |
| Other amounts receivable | 41 | €3,553 | €18,711 | +€15,158 | +426.6% |
| Cash at bank and in hand | 54/58 | €269,387 | €162,285 | -€107,102 | -39.8% |
| Deferred charges and accrued income | 490/1 | €12,822 | €13,497 | +€675 | +5.3% |
| Total equity and liabilities | 10/49 | €868,832 | €791,953 | -€76,879 | -8.8% |
| Equity | 10/15 | €589,465 | €575,813 | -€13,652 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €569,465 | €555,813 | -€13,652 | -2.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €66,802 | €64,764 | -€2,038 | -3.1% |
| Distributable reserves | 133 | €502,662 | €491,049 | -€11,614 | -2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €11,263 | €10,754 | -€509 | -4.5% |
| Deferred taxes | 168 | €11,263 | €10,754 | -€509 | -4.5% |
| Amounts payable | 17/49 | €268,105 | €205,387 | -€62,718 | -23.4% |
| Amounts payable after more than one year | 17 | €71,465 | €50,000 | -€21,465 | -30.0% |
| Financial debts | 170/4 | €5,490 | €0 | -€5,490 | -100.0% |
| Other amounts payable | 178/9 | €65,975 | €50,000 | -€15,975 | -24.2% |
| Amounts payable within one year | 42/48 | €194,385 | €153,266 | -€41,119 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €9,920 | €5,490 | -€4,431 | -44.7% |
| Financial debts | 43 | - | €4,152 | +€4,152 | |
| Credit institutions | 430/8 | - | €4,152 | +€4,152 | |
| Trade debts | 44 | €17,615 | €28,043 | +€10,428 | +59.2% |
| Suppliers | 440/4 | €17,615 | €28,043 | +€10,428 | +59.2% |
| Taxes, remuneration and social security | 45 | €40,001 | €10,457 | -€29,544 | -73.9% |
| Taxes | 450/3 | €14,932 | €10,457 | -€4,475 | -30.0% |
| Remuneration and social security | 454/9 | €25,069 | €0 | -€25,069 | -100.0% |
| Other amounts payable | 47/48 | €126,849 | €105,125 | -€21,724 | -17.1% |
| Accrued charges and deferred income | 492/3 | €2,255 | €2,121 | -€134 | -5.9% |
| Non-recurring operating income | 76A | €0 | €11,000 | +€11,000 | |
| Remuneration, social security and pensions | 62 | €254,064 | €162,548 | -€91,516 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,227 | €35,284 | -€3,943 | -10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €14,697 | €23,087 | +€8,390 | +57.1% |
| Non-recurring operating charges | 66A | €0 | €408 | +€408 | |
| Gross operating margin | 9900 | €412,431 | €215,745 | -€196,686 | -47.7% |
| Operating profit (loss) | 9901 | €104,443 | -€5,581 | -€110,024 | |
| Financial income | 75/76B | €1,722 | €3,284 | +€1,562 | +90.7% |
| Recurring financial income | 75 | €1,722 | €3,284 | +€1,562 | +90.7% |
| Financial charges | 65/66B | €10,579 | €10,164 | -€416 | -3.9% |
| Recurring financial charges | 65 | €10,579 | €10,164 | -€416 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €95,585 | -€12,461 | -€108,046 | |
| Transfer from deferred taxes | 780 | €509 | €509 | = | 0.0% |
| Income taxes | 67/77 | €20,202 | €0 | -€20,202 | -100.0% |
| Profit (loss) for the period | 9904 | €75,892 | -€11,952 | -€87,844 | |
| Transfer from tax-exempt reserves | 789 | €2,038 | €2,038 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,930 | -€9,914 | -€87,844 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.