JOROVI: 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.
JOROVI
Largest movements
- Tangible fixed assets -€77,814
down €77,814 (-15.0%), from €517,586 to €439,772
of which Land and buildings: -€65,143
- Deferred charges and accrued income +€22,000
up €22,000 (+50.0%), from €44,000 to €66,000
- Receivables within one year +€10,903
up €10,903 (+61.4%), from €17,749 to €28,653
of which Trade receivables: +€9,908
- Debts after one year -€51,947
down €51,947 (-16.1%), from €323,152 to €271,205
- Other debts +€14,064
up €14,064 (+10.2%), from €138,099 to €152,164
- Depreciation +€5,072
up €5,072 (+7.0%), from €72,742 to €77,814
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 | €703,659 | €668,766 | -€34,893 | -5.0% |
| Fixed assets | 21/28 | €517,586 | €439,772 | -€77,814 | -15.0% |
| Tangible fixed assets | 22/27 | €517,586 | €439,772 | -€77,814 | -15.0% |
| Land and buildings | 22 | €453,539 | €388,395 | -€65,143 | -14.4% |
| Plant, machinery and equipment | 23 | €28,083 | €23,475 | -€4,608 | -16.4% |
| Furniture and vehicles | 24 | €35,964 | €27,902 | -€8,063 | -22.4% |
| Current assets | 29/58 | €186,073 | €228,994 | +€42,921 | +23.1% |
| Amounts receivable within one year | 40/41 | €17,749 | €28,653 | +€10,903 | +61.4% |
| Trade receivables | 40 | €7,761 | €17,669 | +€9,908 | +128% |
| Other amounts receivable | 41 | €9,988 | €10,983 | +€995 | +10.0% |
| Current investments | 50/53 | €41,500 | €47,820 | +€6,320 | +15.2% |
| Cash at bank and in hand | 54/58 | €82,824 | €86,521 | +€3,698 | +4.5% |
| Deferred charges and accrued income | 490/1 | €44,000 | €66,000 | +€22,000 | +50.0% |
| Total equity and liabilities | 10/49 | €703,659 | €668,766 | -€34,893 | -5.0% |
| Equity | 10/15 | €150,000 | €150,000 | = | 0.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €553,659 | €518,766 | -€34,893 | -6.3% |
| Amounts payable after more than one year | 17 | €323,152 | €271,205 | -€51,947 | -16.1% |
| Financial debts | 170/4 | €323,152 | €271,205 | -€51,947 | -16.1% |
| Amounts payable within one year | 42/48 | €221,758 | €232,287 | +€10,530 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €77,025 | €79,547 | +€2,522 | +3.3% |
| Trade debts | 44 | €5,257 | €577 | -€4,681 | -89.0% |
| Suppliers | 440/4 | €5,257 | €577 | -€4,681 | -89.0% |
| Taxes, remuneration and social security | 45 | €1,376 | €0 | -€1,376 | -100% |
| Taxes | 450/3 | €1,376 | €0 | -€1,376 | -100% |
| Other amounts payable | 47/48 | €138,099 | €152,164 | +€14,064 | +10.2% |
| Accrued charges and deferred income | 492/3 | €8,750 | €15,274 | +€6,524 | +74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,742 | €77,814 | +€5,072 | +7.0% |
| Other operating charges | 640/8 | €33,866 | €34,873 | +€1,007 | +3.0% |
| Gross operating margin | 9900 | €143,139 | €144,508 | +€1,368 | +1.0% |
| Operating profit (loss) | 9901 | €36,532 | €31,820 | -€4,712 | -12.9% |
| Financial income | 75/76B | - | €779 | +€779 | |
| Recurring financial income | 75 | - | €779 | +€779 | |
| Financial charges | 65/66B | €16,548 | €16,371 | -€177 | -1.1% |
| Recurring financial charges | 65 | €16,548 | €16,371 | -€177 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €19,983 | €16,227 | -€3,756 | -18.8% |
| Income taxes | 67/77 | €5,012 | €4,113 | -€898 | -17.9% |
| Profit (loss) for the period | 9904 | €14,972 | €12,114 | -€2,858 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,972 | €12,114 | -€2,858 | -19.1% |
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 27 October 2026 via checked.be.