JOCAVI: what changed
Two fiscal 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.
JOCAVI
Largest movements
- Receivables within one year -€24,952
down €24,952 (-38.7%), from €64,402 to €39,450
- Deferred charges and accrued income +€11,677
up €11,677 (+1361.4%), from €858 to €12,535
- Cash +€11,209
up €11,209 (+150.4%), from €7,454 to €18,663
- Tangible fixed assets -€1,682
down €1,682 (-75.5%), from €2,226 to €545
of which Furniture and vehicles: -€1,005
- Trade debts -€30,902
down €30,902 (-98.5%), from €31,387 to €485
- Tax, wage and social debts +€25,389
up €25,389 (+233.0%), from €10,898 to €36,287
of which Taxes: +€25,247
- Profit (loss) carried forward +€12,296
up €12,296 (+65.1%), from -€18,876 to -€6,580
- Other debts -€10,530
down €10,530 (-24.8%), from €42,471 to €31,941
- Contributions +€2,860
up €2,860 (+46.1%), from €6,200 to €9,060
- Purchases and services -€37,494
down €37,494 (-14.4%), from €261,083 to €223,589
- Turnover -€31,825
down €31,825 (-11.7%), from €272,349 to €240,525
- Gross operating margin +€5,618
up €5,618 (+41.1%), from €13,666 to €19,284
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,940 | €71,192 | -€3,748 | -5.0% |
| Fixed assets | 21/28 | €2,226 | €545 | -€1,682 | -75.5% |
| Tangible fixed assets | 22/27 | €2,226 | €545 | -€1,682 | -75.5% |
| Plant, machinery and equipment | 23 | €1,222 | €545 | -€677 | -55.4% |
| Furniture and vehicles | 24 | €1,005 | - | -€1,005 | |
| Current assets | 29/58 | €72,714 | €70,648 | -€2,066 | -2.8% |
| Amounts receivable within one year | 40/41 | €64,402 | €39,450 | -€24,952 | -38.7% |
| Trade receivables | 40 | €64,402 | €39,450 | -€24,952 | -38.7% |
| Cash at bank and in hand | 54/58 | €7,454 | €18,663 | +€11,209 | +150.4% |
| Deferred charges and accrued income | 490/1 | €858 | €12,535 | +€11,677 | +1361.4% |
| Total equity and liabilities | 10/49 | €74,940 | €71,192 | -€3,748 | -5.0% |
| Equity | 10/15 | -€9,816 | €2,480 | +€12,296 | |
| Contributions | 10/11 | €6,200 | €9,060 | +€2,860 | +46.1% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Revaluation surpluses | 12 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€18,876 | -€6,580 | +€12,296 | +65.1% |
| Amounts payable | 17/49 | €84,756 | €68,712 | -€16,044 | -18.9% |
| Amounts payable within one year | 42/48 | €84,756 | €68,712 | -€16,044 | -18.9% |
| Trade debts | 44 | €31,387 | €485 | -€30,902 | -98.5% |
| Suppliers | 440/4 | €31,387 | €485 | -€30,902 | -98.5% |
| Taxes, remuneration and social security | 45 | €10,898 | €36,287 | +€25,389 | +233.0% |
| Taxes | 450/3 | €10,898 | €36,145 | +€25,247 | +231.7% |
| Remuneration and social security | 454/9 | - | €142 | +€142 | |
| Other amounts payable | 47/48 | €42,471 | €31,941 | -€10,530 | -24.8% |
| Turnover | 70 | €272,349 | €240,525 | -€31,825 | -11.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €261,083 | €223,589 | -€37,494 | -14.4% |
| Remuneration, social security and pensions | 62 | - | €2,032 | +€2,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €455 | -€1,045 | -69.7% |
| Other operating charges | 640/8 | €2,262 | €1,244 | -€1,018 | -45.0% |
| Gross operating margin | 9900 | €13,666 | €19,284 | +€5,618 | +41.1% |
| Operating profit (loss) | 9901 | €9,904 | €15,553 | +€5,649 | +57.0% |
| Financial income | 75/76B | €7 | €1 | -€6 | -83.5% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -83.5% |
| Financial charges | 65/66B | €338 | €171 | -€167 | -49.3% |
| Recurring financial charges | 65 | €338 | €171 | -€167 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €9,573 | €15,383 | +€5,810 | +60.7% |
| Profit (loss) for the period | 9904 | €9,573 | €15,383 | +€5,810 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,573 | €15,383 | +€5,810 | +60.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.