JoVa Trade: 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.
JoVa Trade
Largest movements
- Receivables within one year +€73,680
new in 2025: €73,680
- Cash +€15,515
up €15,515 (+70.1%), from €22,135 to €37,650
mainly Net result for the year (+€187,103) and Current portion of long-term debt (+€83,585)
- Debts after one year -€239,256
down €239,256 (-22.5%), from €1.1m to €825,072
of which Financial debts: -€239,256
- Profit (loss) carried forward +€187,103
up €187,103, from -€8,542 to €178,561
- Current portion of long-term debt +€83,585
up €83,585 (+1,474%), from €5,672 to €89,256
- Tax, wage and social debts +€58,688
up €58,688 (+1,081%), from €5,428 to €64,116
of which Taxes: +€58,688
- Gross operating margin +€278,196
up €278,196, from -€3,007 to €275,189
- Taxes +€52,854
new in 2025: €52,854
- Financial charges +€29,569
up €29,569 (+534%), from €5,535 to €35,105
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 | €1,122,135 | €1,211,330 | +€89,195 | +7.9% |
| Fixed assets | 21/28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Current assets | 29/58 | €22,135 | €111,330 | +€89,195 | +403% |
| Amounts receivable within one year | 40/41 | - | €73,680 | +€73,680 | |
| Trade receivables | 40 | - | €73,680 | +€73,680 | |
| Cash at bank and in hand | 54/58 | €22,135 | €37,650 | +€15,515 | +70.1% |
| Total equity and liabilities | 10/49 | €1,122,135 | €1,211,330 | +€89,195 | +7.9% |
| Equity | 10/15 | €41,458 | €228,561 | +€187,103 | +451% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,542 | €178,561 | +€187,103 | |
| Amounts payable | 17/49 | €1,080,677 | €982,770 | -€97,908 | -9.1% |
| Amounts payable after more than one year | 17 | €1,064,329 | €825,072 | -€239,256 | -22.5% |
| Financial debts | 170/4 | €994,329 | €755,072 | -€239,256 | -24.1% |
| Other amounts payable | 178/9 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,537 | €155,213 | +€140,677 | +968% |
| Current portion of amounts payable after more than one year | 42 | €5,672 | €89,256 | +€83,585 | +1,474% |
| Trade debts | 44 | €1,087 | €0 | -€1,087 | -100% |
| Suppliers | 440/4 | €1,087 | €0 | -€1,087 | -100% |
| Taxes, remuneration and social security | 45 | €5,428 | €64,116 | +€58,688 | +1,081% |
| Taxes | 450/3 | €3,203 | €61,891 | +€58,688 | +1,832% |
| Remuneration and social security | 454/9 | €2,225 | €2,225 | = | 0.0% |
| Other amounts payable | 47/48 | €2,350 | €1,840 | -€510 | -21.7% |
| Accrued charges and deferred income | 492/3 | €1,812 | €2,484 | +€672 | +37.1% |
| Other operating charges | 640/8 | - | €128 | +€128 | |
| Gross operating margin | 9900 | -€3,007 | €275,189 | +€278,196 | |
| Operating profit (loss) | 9901 | -€3,007 | €275,061 | +€278,068 | |
| Financial charges | 65/66B | €5,535 | €35,105 | +€29,569 | +534% |
| Recurring financial charges | 65 | €5,535 | €35,105 | +€29,569 | +534% |
| Profit (loss) for the period before taxes | 9903 | -€8,542 | €239,957 | +€248,499 | |
| Income taxes | 67/77 | - | €52,854 | +€52,854 | |
| Profit (loss) for the period | 9904 | -€8,542 | €187,103 | +€195,645 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,542 | €187,103 | +€195,645 |
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 23 October 2026 via checked.be.