JIVO: 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.
JIVO
Largest movements
- Receivables within one year -€36,442
down €36,442 (-42.6%), from €85,546 to €49,104
of which Other amounts receivable: -€27,216
- Deferred charges and accrued income -€2,041
down €2,041 (-5.5%), from €37,041 to €35,000
- Cash -€1,490
down €1,490 (-27.4%), from €5,443 to €3,953
mainly Net result for the year (-€24,953) and Trade debts (-€12,908)
- Tangible fixed assets -€1,399
down €1,399 (-27.2%), from €5,151 to €3,752
of which Furniture and vehicles: -€977
- Profit (loss) carried forward -€24,953
down €24,953, from €2,876 to -€22,077
- Trade debts -€12,908
down €12,908 (-46.5%), from €27,750 to €14,841
- Tax, wage and social debts -€4,397
no longer reported in 2024 (was €4,397)
- Gross operating margin -€13,406
down €13,406, from €7,031 to -€6,375
- Other operating charges -€1,128
down €1,128 (-64.7%), from €1,744 to €616
- Taxes -€975
no longer reported in 2024 (was €975)
- Financial charges +€607
up €607 (+1,170%), from €52 to €659
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,181 | €91,809 | -€41,371 | -31.1% |
| Fixed assets | 21/28 | €5,151 | €3,752 | -€1,399 | -27.2% |
| Tangible fixed assets | 22/27 | €5,151 | €3,752 | -€1,399 | -27.2% |
| Plant, machinery and equipment | 23 | €145 | €91 | -€55 | -37.5% |
| Furniture and vehicles | 24 | €2,681 | €1,704 | -€977 | -36.4% |
| Other tangible fixed assets | 26 | €2,324 | €1,957 | -€367 | -15.8% |
| Current assets | 29/58 | €128,030 | €88,057 | -€39,973 | -31.2% |
| Amounts receivable within one year | 40/41 | €85,546 | €49,104 | -€36,442 | -42.6% |
| Trade receivables | 40 | €54,786 | €45,560 | -€9,226 | -16.8% |
| Other amounts receivable | 41 | €30,760 | €3,544 | -€27,216 | -88.5% |
| Cash at bank and in hand | 54/58 | €5,443 | €3,953 | -€1,490 | -27.4% |
| Deferred charges and accrued income | 490/1 | €37,041 | €35,000 | -€2,041 | -5.5% |
| Total equity and liabilities | 10/49 | €133,181 | €91,809 | -€41,371 | -31.1% |
| Equity | 10/15 | €98,550 | €73,597 | -€24,953 | -25.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,474 | €89,474 | = | 0.0% |
| Distributable reserves | 133 | €89,474 | €89,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,876 | -€22,077 | -€24,953 | |
| Amounts payable | 17/49 | €34,631 | €18,213 | -€16,418 | -47.4% |
| Amounts payable within one year | 42/48 | €34,631 | €17,820 | -€16,811 | -48.5% |
| Financial debts | 43 | €2,485 | €2,910 | +€425 | +17.1% |
| Credit institutions | 430/8 | €2,485 | €2,910 | +€425 | +17.1% |
| Trade debts | 44 | €27,750 | €14,841 | -€12,908 | -46.5% |
| Suppliers | 440/4 | €27,750 | €14,841 | -€12,908 | -46.5% |
| Taxes, remuneration and social security | 45 | €4,397 | - | -€4,397 | |
| Taxes | 450/3 | €4,397 | - | -€4,397 | |
| Other amounts payable | 47/48 | - | €69 | +€69 | |
| Accrued charges and deferred income | 492/3 | - | €393 | +€393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399 | €1,399 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,744 | €616 | -€1,128 | -64.7% |
| Non-recurring operating charges | 66A | - | €15,904 | +€15,904 | |
| Gross operating margin | 9900 | €7,031 | -€6,375 | -€13,406 | |
| Operating profit (loss) | 9901 | €3,889 | -€24,294 | -€28,183 | |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €52 | €659 | +€607 | +1,170% |
| Recurring financial charges | 65 | €52 | €659 | +€607 | +1,170% |
| Profit (loss) for the period before taxes | 9903 | €3,852 | -€24,953 | -€28,805 | |
| Income taxes | 67/77 | €975 | - | -€975 | |
| Profit (loss) for the period | 9904 | €2,876 | -€24,953 | -€27,829 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,876 | -€24,953 | -€27,829 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.