Jonavan: 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.
Jonavan
Largest movements
- Current investments +€280,000
new in 2025: €280,000
- Cash -€199,486
down €199,486 (-97.6%), from €204,325 to €4,840
mainly Current investments (-€280,000) and Short-term financial debts (-€72,500)
- Tangible fixed assets -€154,887
down €154,887 (-85.9%), from €180,224 to €25,337
of which Furniture and vehicles: -€127,617
- Receivables within one year -€21,703
down €21,703 (-22.7%), from €95,416 to €73,714
of which Trade receivables: -€78,487
- Stocks and contracts -€6,414
down €6,414 (-92.7%), from €6,915 to €501
- Reserves +€108,846
up €108,846 (+102.8%), from €105,845 to €214,690
of which Distributable reserves: +€108,846
- Short-term financial debts -€72,500
no longer reported in 2025 (was €72,500)
- Other debts -€69,859
no longer reported in 2025 (was €69,859)
- Trade debts -€46,101
down €46,101 (-91.5%), from €50,383 to €4,282
- Tax, wage and social debts -€18,755
down €18,755 (-76.5%), from €24,526 to €5,771
- Gross operating margin +€46,044
up €46,044 (+34.2%), from €134,635 to €180,679
- Depreciation -€24,426
down €24,426 (-62.7%), from €38,961 to €14,535
- Taxes +€24,266
up €24,266 (+89.5%), from €27,113 to €51,379
- Financial charges -€13,129
down €13,129 (-82.1%), from €15,989 to €2,860
- Other operating charges +€3,868
up €3,868 (+240.6%), from €1,608 to €5,476
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 | €491,132 | €392,762 | -€98,369 | -20.0% |
| Fixed assets | 21/28 | €180,629 | €25,472 | -€155,157 | -85.9% |
| Tangible fixed assets | 22/27 | €180,224 | €25,337 | -€154,887 | -85.9% |
| Land and buildings | 22 | €12,210 | €9,955 | -€2,255 | -18.5% |
| Plant, machinery and equipment | 23 | €25,016 | - | -€25,016 | |
| Furniture and vehicles | 24 | €142,998 | €15,381 | -€127,617 | -89.2% |
| Financial fixed assets | 28 | €405 | €135 | -€270 | -66.7% |
| Current assets | 29/58 | €310,503 | €367,291 | +€56,788 | +18.3% |
| Stocks and contracts in progress | 3 | €6,915 | €501 | -€6,414 | -92.7% |
| Stocks | 30/36 | €6,915 | €501 | -€6,414 | -92.7% |
| Amounts receivable within one year | 40/41 | €95,416 | €73,714 | -€21,703 | -22.7% |
| Trade receivables | 40 | €78,487 | - | -€78,487 | |
| Other amounts receivable | 41 | €16,929 | €73,714 | +€56,785 | +335.4% |
| Current investments | 50/53 | - | €280,000 | +€280,000 | |
| Cash at bank and in hand | 54/58 | €204,325 | €4,840 | -€199,486 | -97.6% |
| Deferred charges and accrued income | 490/1 | €3,847 | €8,236 | +€4,390 | +114.1% |
| Total equity and liabilities | 10/49 | €491,132 | €392,762 | -€98,369 | -20.0% |
| Equity | 10/15 | €273,864 | €382,709 | +€108,846 | +39.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €105,845 | €214,690 | +€108,846 | +102.8% |
| Tax-exempt reserves | 132 | €51,680 | €51,680 | = | 0.0% |
| Distributable reserves | 133 | €54,165 | €163,011 | +€108,846 | +201.0% |
| Profit (loss) carried forward | 14 | €148,019 | €148,019 | = | 0.0% |
| Amounts payable | 17/49 | €217,268 | €10,053 | -€207,215 | -95.4% |
| Amounts payable within one year | 42/48 | €217,268 | €10,053 | -€207,215 | -95.4% |
| Financial debts | 43 | €72,500 | - | -€72,500 | |
| Credit institutions | 430/8 | €72,500 | - | -€72,500 | |
| Trade debts | 44 | €50,383 | €4,282 | -€46,101 | -91.5% |
| Suppliers | 440/4 | €50,383 | €4,282 | -€46,101 | -91.5% |
| Taxes, remuneration and social security | 45 | €24,526 | €5,771 | -€18,755 | -76.5% |
| Taxes | 450/3 | €24,526 | €5,771 | -€18,755 | -76.5% |
| Other amounts payable | 47/48 | €69,859 | - | -€69,859 | |
| Non-recurring operating income | 76A | €128 | €249,529 | +€249,401 | +195501.4% |
| Remuneration, social security and pensions | 62 | - | €516 | +€516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,961 | €14,535 | -€24,426 | -62.7% |
| Other operating charges | 640/8 | €1,608 | €5,476 | +€3,868 | +240.6% |
| Gross operating margin | 9900 | €134,635 | €180,679 | +€46,044 | +34.2% |
| Operating profit (loss) | 9901 | €94,066 | €160,152 | +€66,086 | +70.3% |
| Financial income | 75/76B | €1,201 | €2,933 | +€1,732 | +144.2% |
| Recurring financial income | 75 | €1,201 | €2,933 | +€1,732 | +144.2% |
| Financial charges | 65/66B | €15,989 | €2,860 | -€13,129 | -82.1% |
| Recurring financial charges | 65 | €15,989 | €2,860 | -€13,129 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €79,279 | €160,225 | +€80,946 | +102.1% |
| Income taxes | 67/77 | €27,113 | €51,379 | +€24,266 | +89.5% |
| Profit (loss) for the period | 9904 | €52,165 | €108,846 | +€56,681 | +108.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,165 | €108,846 | +€56,681 | +108.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.