JORVA: 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.
JORVA
Largest movements
- Tangible fixed assets -€11,653
down €11,653 (-3.2%), from €368,991 to €357,338
- Cash +€4,454
up €4,454 (+13.0%), from €34,221 to €38,674
mainly Depreciation (+€11,653) and Trade debts (+€179)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,494
down €1,494 (-10.9%), from €13,718 to €12,225
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.
Cash bridge derived
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 | €403,423 | €396,235 | -€7,188 | -1.8% |
| Fixed assets | 21/28 | €368,991 | €357,338 | -€11,653 | -3.2% |
| Tangible fixed assets | 22/27 | €368,991 | €357,338 | -€11,653 | -3.2% |
| Land and buildings | 22 | €368,991 | €357,338 | -€11,653 | -3.2% |
| Current assets | 29/58 | €34,432 | €38,897 | +€4,465 | +13.0% |
| Amounts receivable within one year | 40/41 | €0 | €3 | +€3 | +2800.0% |
| Other amounts receivable | 41 | €0 | €3 | +€3 | +2800.0% |
| Cash at bank and in hand | 54/58 | €34,221 | €38,674 | +€4,454 | +13.0% |
| Deferred charges and accrued income | 490/1 | €211 | €219 | +€8 | +4.0% |
| Total equity and liabilities | 10/49 | €403,423 | €396,235 | -€7,188 | -1.8% |
| Equity | 10/15 | €159,101 | €153,735 | -€5,366 | -3.4% |
| Contributions | 10/11 | €79,326 | €79,326 | = | 0.0% |
| Reserves | 13 | €102,728 | €98,725 | -€4,003 | -3.9% |
| Tax-exempt reserves | 132 | €102,728 | €98,725 | -€4,003 | -3.9% |
| Profit (loss) carried forward | 14 | -€22,953 | -€24,316 | -€1,363 | -5.9% |
| Provisions and deferred taxes | 16 | €51,356 | €49,355 | -€2,001 | -3.9% |
| Deferred taxes | 168 | €51,356 | €49,355 | -€2,001 | -3.9% |
| Amounts payable | 17/49 | €192,966 | €193,145 | +€179 | +0.1% |
| Amounts payable after more than one year | 17 | €187,114 | €187,114 | = | 0.0% |
| Financial debts | 170/4 | €187,114 | €187,114 | = | 0.0% |
| Amounts payable within one year | 42/48 | €239 | €418 | +€179 | +75.0% |
| Trade debts | 44 | €182 | €361 | +€179 | +98.6% |
| Suppliers | 440/4 | €182 | €361 | +€179 | +98.6% |
| Other amounts payable | 47/48 | €57 | €57 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,613 | €5,613 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,653 | €11,653 | = | 0.0% |
| Other operating charges | 640/8 | €2,056 | €2,111 | +€55 | +2.7% |
| Gross operating margin | 9900 | €13,718 | €12,225 | -€1,494 | -10.9% |
| Operating profit (loss) | 9901 | €9 | -€1,539 | -€1,549 | |
| Financial income | 75/76B | €0 | €11 | +€10 | +2850.0% |
| Recurring financial income | 75 | €0 | €11 | +€10 | +2850.0% |
| Financial charges | 65/66B | €5,748 | €5,838 | +€90 | +1.6% |
| Recurring financial charges | 65 | €5,748 | €5,838 | +€90 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,739 | -€7,367 | -€1,628 | -28.4% |
| Transfer from deferred taxes | 780 | €2,001 | €2,001 | = | 0.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€3,738 | -€5,366 | -€1,628 | -43.6% |
| Transfer from tax-exempt reserves | 789 | €4,003 | €4,003 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €265 | -€1,363 | -€1,628 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.