JOVAMO BV: 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.
JOVAMO BV
Largest movements
- Cash +€80,403
up €80,403 (+251%), from €32,031 to €112,434
mainly Depreciation (+€94,143) and Net result for the year (+€87,499)
- Tangible fixed assets -€46,135
down €46,135 (-3.5%), from €1.3m to €1.3m
- Reserves +€87,499
up €87,499 (+27.0%), from €324,632 to €412,130
- Debts after one year -€63,322
down €63,322 (-7.3%), from €865,191 to €801,869
- Taxes +€6,740
up €6,740 (+24.6%), from €27,431 to €34,171
- Depreciation +€4,603
up €4,603 (+5.1%), from €89,540 to €94,143
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,384,487 | €1,406,187 | +€21,699 | +1.6% |
| Fixed assets | 21/28 | €1,329,887 | €1,283,752 | -€46,135 | -3.5% |
| Tangible fixed assets | 22/27 | €1,329,887 | €1,283,752 | -€46,135 | -3.5% |
| Land and buildings | 22 | €1,329,887 | €1,283,752 | -€46,135 | -3.5% |
| Current assets | 29/58 | €54,600 | €122,434 | +€67,834 | +124% |
| Amounts receivable within one year | 40/41 | €22,569 | €10,000 | -€12,569 | -55.7% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €12,569 | €0 | -€12,569 | -100% |
| Cash at bank and in hand | 54/58 | €32,031 | €112,434 | +€80,403 | +251% |
| Total equity and liabilities | 10/49 | €1,384,487 | €1,406,187 | +€21,699 | +1.6% |
| Equity | 10/15 | €384,632 | €472,130 | +€87,499 | +22.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €324,632 | €412,130 | +€87,499 | +27.0% |
| Distributable reserves | 133 | €324,632 | €412,130 | +€87,499 | +27.0% |
| Amounts payable | 17/49 | €999,856 | €934,057 | -€65,799 | -6.6% |
| Amounts payable after more than one year | 17 | €865,191 | €801,869 | -€63,322 | -7.3% |
| Financial debts | 170/4 | €865,191 | €801,869 | -€63,322 | -7.3% |
| Amounts payable within one year | 42/48 | €134,422 | €132,187 | -€2,235 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €64,113 | €63,322 | -€791 | -1.2% |
| Trade debts | 44 | €0 | €248 | +€248 | |
| Suppliers | 440/4 | €0 | €248 | +€248 | |
| Taxes, remuneration and social security | 45 | - | €4,171 | +€4,171 | |
| Taxes | 450/3 | - | €4,171 | +€4,171 | |
| Other amounts payable | 47/48 | €70,309 | €64,447 | -€5,863 | -8.3% |
| Accrued charges and deferred income | 492/3 | €243 | €0 | -€243 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,540 | €94,143 | +€4,603 | +5.1% |
| Other operating charges | 640/8 | €7,494 | €8,360 | +€865 | +11.5% |
| Non-recurring operating charges | 66A | €28,152 | €0 | -€28,152 | -100% |
| Gross operating margin | 9900 | €238,430 | €236,107 | -€2,322 | -1.0% |
| Operating profit (loss) | 9901 | €113,243 | €133,605 | +€20,362 | +18.0% |
| Financial charges | 65/66B | €12,746 | €11,935 | -€811 | -6.4% |
| Recurring financial charges | 65 | €12,746 | €11,935 | -€811 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €100,497 | €121,670 | +€21,172 | +21.1% |
| Income taxes | 67/77 | €27,431 | €34,171 | +€6,740 | +24.6% |
| Profit (loss) for the period | 9904 | €73,066 | €87,499 | +€14,432 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,066 | €87,499 | +€14,432 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.