JOGIVIS: 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.
JOGIVIS
Largest movements
- Financial fixed assets +€252,000
up €252,000 (+2,211%), from €11,400 to €263,400
- Receivables after one year -€36,251
down €36,251 (-13.3%), from €271,882 to €235,631
- Receivables within one year +€19,203
up €19,203 (+25.9%), from €74,206 to €93,410
of which Trade receivables: +€12,174
- Short-term financial debts +€252,000
new in 2025: €252,000
- Debts after one year -€32,828
down €32,828 (-12.7%), from €257,862 to €225,034
- Reserves +€7,331
up €7,331 (+13.4%), from €54,641 to €61,972
- Tax, wage and social debts +€6,855
up €6,855 (+64.4%), from €10,641 to €17,496
- Gross operating margin -€17,988
down €17,988 (-48.1%), from €37,375 to €19,386
- Taxes -€4,248
down €4,248 (-52.5%), from €8,092 to €3,844
- Staff costs -€1,467
down €1,467 (-100%), from €1,467 to €0
- Other operating charges -€654
down €654 (-29.4%), from €2,225 to €1,571
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 | €373,544 | €608,022 | +€234,478 | +62.8% |
| Fixed assets | 21/28 | €14,592 | €265,731 | +€251,139 | +1,721% |
| Intangible fixed assets | 21 | €1,897 | €1,297 | -€600 | -31.6% |
| Tangible fixed assets | 22/27 | €1,295 | €1,034 | -€261 | -20.1% |
| Furniture and vehicles | 24 | €1,295 | €1,034 | -€261 | -20.1% |
| Financial fixed assets | 28 | €11,400 | €263,400 | +€252,000 | +2,211% |
| Current assets | 29/58 | €358,952 | €342,291 | -€16,661 | -4.6% |
| Amounts receivable after more than one year | 29 | €271,882 | €235,631 | -€36,251 | -13.3% |
| Other amounts receivable | 291 | €271,882 | €235,631 | -€36,251 | -13.3% |
| Amounts receivable within one year | 40/41 | €74,206 | €93,410 | +€19,203 | +25.9% |
| Trade receivables | 40 | €27,957 | €40,131 | +€12,174 | +43.5% |
| Other amounts receivable | 41 | €46,249 | €53,279 | +€7,029 | +15.2% |
| Cash at bank and in hand | 54/58 | €10,985 | €12,352 | +€1,367 | +12.4% |
| Deferred charges and accrued income | 490/1 | €1,879 | €898 | -€981 | -52.2% |
| Total equity and liabilities | 10/49 | €373,544 | €608,022 | +€234,478 | +62.8% |
| Equity | 10/15 | €64,641 | €71,972 | +€7,331 | +11.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €54,641 | €61,972 | +€7,331 | +13.4% |
| Distributable reserves | 133 | €54,641 | €61,972 | +€7,331 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €308,903 | €536,050 | +€227,147 | +73.5% |
| Amounts payable after more than one year | 17 | €257,862 | €225,034 | -€32,828 | -12.7% |
| Financial debts | 170/4 | €257,862 | €225,034 | -€32,828 | -12.7% |
| Amounts payable within one year | 42/48 | €51,040 | €310,888 | +€259,847 | +509% |
| Current portion of amounts payable after more than one year | 42 | €32,369 | €32,828 | +€459 | +1.4% |
| Financial debts | 43 | - | €252,000 | +€252,000 | |
| Other loans | 439 | - | €252,000 | +€252,000 | |
| Trade debts | 44 | €1,372 | €1,772 | +€400 | +29.2% |
| Suppliers | 440/4 | €1,372 | €1,772 | +€400 | +29.2% |
| Taxes, remuneration and social security | 45 | €10,641 | €17,496 | +€6,855 | +64.4% |
| Taxes | 450/3 | €10,641 | €17,496 | +€6,855 | +64.4% |
| Other amounts payable | 47/48 | €6,658 | €6,791 | +€133 | +2.0% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Remuneration, social security and pensions | 62 | €1,467 | €0 | -€1,467 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €861 | +€252 | +41.3% |
| Other operating charges | 640/8 | €2,225 | €1,571 | -€654 | -29.4% |
| Gross operating margin | 9900 | €37,375 | €19,386 | -€17,988 | -48.1% |
| Operating profit (loss) | 9901 | €33,074 | €16,955 | -€16,119 | -48.7% |
| Financial income | 75/76B | €434 | €612 | +€178 | +40.9% |
| Recurring financial income | 75 | €434 | €612 | +€178 | +40.9% |
| Financial charges | 65/66B | €6,485 | €6,392 | -€93 | -1.4% |
| Recurring financial charges | 65 | €6,485 | €6,392 | -€93 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €27,023 | €11,175 | -€15,848 | -58.6% |
| Income taxes | 67/77 | €8,092 | €3,844 | -€4,248 | -52.5% |
| Profit (loss) for the period | 9904 | €18,931 | €7,331 | -€11,600 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,931 | €7,331 | -€11,600 | -61.3% |
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 24 October 2026 via checked.be.