JOTAVI: 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.
JOTAVI
Largest movements
- Receivables within one year -€24,442
down €24,442 (-71.5%), from €34,193 to €9,751
- Tangible fixed assets -€16,658
down €16,658 (-6.6%), from €253,714 to €237,056
- Cash +€15,360
up €15,360 (+10764.7%), from €143 to €15,503
mainly Receivables within one year (+€24,442) and Depreciation (+€16,658)
- Receivables after one year -€10,000
down €10,000 (-16.9%), from €59,305 to €49,305
- Debts after one year -€42,703
down €42,703 (-15.9%), from €267,780 to €225,077
of which Financial debts: -€26,580
- Gross operating margin +€2,577
up €2,577 (+7.1%), from €36,210 to €38,787
- Taxes +€996
up €996 (+118.2%), from €843 to €1,839
- Financial charges -€792
down €792 (-5.9%), from €13,456 to €12,665
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 | €348,173 | €312,466 | -€35,706 | -10.3% |
| Fixed assets | 21/28 | €253,714 | €237,056 | -€16,658 | -6.6% |
| Tangible fixed assets | 22/27 | €253,714 | €237,056 | -€16,658 | -6.6% |
| Land and buildings | 22 | €253,714 | €237,056 | -€16,658 | -6.6% |
| Current assets | 29/58 | €94,458 | €75,410 | -€19,048 | -20.2% |
| Amounts receivable after more than one year | 29 | €59,305 | €49,305 | -€10,000 | -16.9% |
| Other amounts receivable | 291 | €59,305 | €49,305 | -€10,000 | -16.9% |
| Amounts receivable within one year | 40/41 | €34,193 | €9,751 | -€24,442 | -71.5% |
| Trade receivables | 40 | €34,193 | €9,751 | -€24,442 | -71.5% |
| Cash at bank and in hand | 54/58 | €143 | €15,503 | +€15,360 | +10764.7% |
| Deferred charges and accrued income | 490/1 | €818 | €852 | +€34 | +4.2% |
| Total equity and liabilities | 10/49 | €348,173 | €312,466 | -€35,706 | -10.3% |
| Equity | 10/15 | €40,455 | €43,788 | +€3,332 | +8.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €20,455 | €23,788 | +€3,332 | +16.3% |
| Distributable reserves | 133 | €20,455 | €23,788 | +€3,332 | +16.3% |
| Amounts payable | 17/49 | €307,717 | €268,679 | -€39,039 | -12.7% |
| Amounts payable after more than one year | 17 | €267,780 | €225,077 | -€42,703 | -15.9% |
| Financial debts | 170/4 | €211,159 | €184,580 | -€26,580 | -12.6% |
| Other amounts payable | 178/9 | €56,620 | €40,497 | -€16,123 | -28.5% |
| Amounts payable within one year | 42/48 | €36,180 | €39,709 | +€3,528 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €27,538 | €28,744 | +€1,205 | +4.4% |
| Trade debts | 44 | €3,865 | €3,477 | -€388 | -10.0% |
| Suppliers | 440/4 | €3,865 | €3,477 | -€388 | -10.0% |
| Taxes, remuneration and social security | 45 | €3,111 | €5,770 | +€2,660 | +85.5% |
| Taxes | 450/3 | €3,111 | €3,970 | +€860 | +27.6% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €1,666 | €1,718 | +€52 | +3.1% |
| Accrued charges and deferred income | 492/3 | €3,758 | €3,894 | +€136 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,658 | €16,658 | = | 0.0% |
| Other operating charges | 640/8 | €2,637 | €2,575 | -€63 | -2.4% |
| Gross operating margin | 9900 | €36,210 | €38,787 | +€2,577 | +7.1% |
| Operating profit (loss) | 9901 | €16,914 | €19,554 | +€2,640 | +15.6% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €13,456 | €12,665 | -€792 | -5.9% |
| Recurring financial charges | 65 | €13,456 | €12,665 | -€792 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €3,478 | €6,889 | +€3,411 | +98.1% |
| Income taxes | 67/77 | €843 | €1,839 | +€996 | +118.2% |
| Profit (loss) for the period | 9904 | €2,635 | €5,050 | +€2,415 | +91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,635 | €5,050 | +€2,415 | +91.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.