JORVAN: 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.
JORVAN
Largest movements
- Cash +€80,885
up €80,885 (+899%), from €8,996 to €89,881
mainly Depreciation (+€73,953) and Other debts (+€22,088)
- Tangible fixed assets -€73,953
down €73,953 (-11.2%), from €657,538 to €583,585
of which Land and buildings: -€56,815
- Receivables within one year +€22,215
up €22,215 (+194%), from €11,426 to €33,641
of which Trade receivables: +€24,109
- Reserves -€22,996
down €22,996 (-1.5%), from €1.5m to €1.5m
- Other debts +€22,088
up €22,088 (+47.4%), from €46,603 to €68,691
- Advances received +€19,541
new in 2025: €19,541
- Gross operating margin +€74,007
up €74,007, from -€28,748 to €45,259
- Financial income -€43,223
down €43,223 (-66.8%), from €64,703 to €21,481
of which Non-recurring financial income: -€27,474
- Taxes -€11,847
down €11,847 (-76.4%), from €15,505 to €3,658
- Other operating charges -€11,272
down €11,272 (-79.9%), from €14,115 to €2,843
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 | €1,569,783 | €1,588,976 | +€19,192 | +1.2% |
| Fixed assets | 21/28 | €657,538 | €583,585 | -€73,953 | -11.2% |
| Tangible fixed assets | 22/27 | €657,538 | €583,585 | -€73,953 | -11.2% |
| Land and buildings | 22 | €610,225 | €553,410 | -€56,815 | -9.3% |
| Furniture and vehicles | 24 | €47,313 | €30,175 | -€17,138 | -36.2% |
| Current assets | 29/58 | €912,246 | €1,005,391 | +€93,145 | +10.2% |
| Amounts receivable within one year | 40/41 | €11,426 | €33,641 | +€22,215 | +194% |
| Trade receivables | 40 | - | €24,109 | +€24,109 | |
| Other amounts receivable | 41 | €11,426 | €9,532 | -€1,894 | -16.6% |
| Current investments | 50/53 | €890,000 | €880,000 | -€10,000 | -1.1% |
| Cash at bank and in hand | 54/58 | €8,996 | €89,881 | +€80,885 | +899% |
| Deferred charges and accrued income | 490/1 | €1,824 | €1,868 | +€45 | +2.5% |
| Total equity and liabilities | 10/49 | €1,569,783 | €1,588,976 | +€19,192 | +1.2% |
| Equity | 10/15 | €1,522,572 | €1,499,576 | -€22,996 | -1.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,503,822 | €1,480,826 | -€22,996 | -1.5% |
| Distributable reserves | 133 | €1,503,822 | €1,480,826 | -€22,996 | -1.5% |
| Amounts payable | 17/49 | €47,212 | €89,400 | +€42,188 | +89.4% |
| Amounts payable within one year | 42/48 | €47,212 | €89,400 | +€42,188 | +89.4% |
| Trade debts | 44 | €0 | €1,097 | +€1,097 | |
| Suppliers | 440/4 | €0 | €1,097 | +€1,097 | |
| Advances received on contracts in progress | 46 | - | €19,541 | +€19,541 | |
| Taxes, remuneration and social security | 45 | €609 | €71 | -€538 | -88.3% |
| Taxes | 450/3 | €609 | €71 | -€538 | -88.3% |
| Other amounts payable | 47/48 | €46,603 | €68,691 | +€22,088 | +47.4% |
| Remuneration, social security and pensions | 62 | €2,755 | €2,820 | +€65 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,880 | €73,953 | +€72 | +0.1% |
| Other operating charges | 640/8 | €14,115 | €2,843 | -€11,272 | -79.9% |
| Gross operating margin | 9900 | -€28,748 | €45,259 | +€74,007 | |
| Operating profit (loss) | 9901 | -€119,499 | -€34,357 | +€85,142 | +71.2% |
| Financial income | 75/76B | €64,703 | €21,481 | -€43,223 | -66.8% |
| Recurring financial income | 75 | €37,229 | €21,481 | -€15,748 | -42.3% |
| Non-recurring financial income | 76B | €27,474 | €0 | -€27,474 | -100% |
| Financial charges | 65/66B | €6,433 | €6,461 | +€28 | +0.4% |
| Recurring financial charges | 65 | €6,433 | €6,461 | +€28 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€61,229 | -€19,338 | +€41,891 | +68.4% |
| Income taxes | 67/77 | €15,505 | €3,658 | -€11,847 | -76.4% |
| Profit (loss) for the period | 9904 | -€76,734 | -€22,996 | +€53,739 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,734 | -€22,996 | +€53,739 | +70.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.