JOVANH: 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.
JOVANH
Largest movements
- Tangible fixed assets -€4,891
down €4,891 (-6.5%), from €75,744 to €70,854
- Cash +€3,800
up €3,800 (+9.4%), from €40,579 to €44,379
mainly Net result for the year (+€14,188) and Depreciation (+€9,216)
- Receivables within one year +€1,558
up €1,558 (+45.6%), from €3,418 to €4,976
of which Trade receivables: +€3,185
- Debts after one year -€14,910
down €14,910 (-36.3%), from €41,059 to €26,149
- Reserves +€14,188
up €14,188 (+40.2%), from €35,281 to €49,469
of which Distributable reserves: +€14,188
- Turnover -€30,000
no longer reported in 2025 (was €30,000)
- Gross operating margin +€9,220
up €9,220 (+33.2%), from €27,762 to €36,982
- Purchases and services -€8,413
no longer reported in 2025 (was €8,413)
- Taxes +€2,585
up €2,585 (+113.7%), from €2,273 to €4,858
- Financial charges -€537
down €537 (-21.6%), from €2,488 to €1,951
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 | €119,742 | €120,209 | +€467 | +0.4% |
| Fixed assets | 21/28 | €75,744 | €70,854 | -€4,891 | -6.5% |
| Tangible fixed assets | 22/27 | €75,744 | €70,854 | -€4,891 | -6.5% |
| Land and buildings | 22 | €75,744 | €70,854 | -€4,891 | -6.5% |
| Current assets | 29/58 | €43,997 | €49,355 | +€5,358 | +12.2% |
| Amounts receivable within one year | 40/41 | €3,418 | €4,976 | +€1,558 | +45.6% |
| Trade receivables | 40 | €0 | €3,185 | +€3,185 | |
| Other amounts receivable | 41 | €3,418 | €1,792 | -€1,627 | -47.6% |
| Cash at bank and in hand | 54/58 | €40,579 | €44,379 | +€3,800 | +9.4% |
| Total equity and liabilities | 10/49 | €119,742 | €120,209 | +€467 | +0.4% |
| Equity | 10/15 | €55,281 | €69,469 | +€14,188 | +25.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,281 | €49,469 | +€14,188 | +40.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €33,281 | €47,469 | +€14,188 | +42.6% |
| Amounts payable | 17/49 | €64,461 | €50,739 | -€13,721 | -21.3% |
| Amounts payable after more than one year | 17 | €41,059 | €26,149 | -€14,910 | -36.3% |
| Financial debts | 170/4 | €41,059 | €26,149 | -€14,910 | -36.3% |
| Amounts payable within one year | 42/48 | €23,402 | €24,590 | +€1,189 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €14,353 | €14,910 | +€558 | +3.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €631 | +€631 | |
| Taxes | 450/3 | - | €631 | +€631 | |
| Other amounts payable | 47/48 | €9,049 | €9,049 | = | 0.0% |
| Turnover | 70 | €30,000 | - | -€30,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,413 | - | -€8,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,619 | €9,216 | -€403 | -4.2% |
| Other operating charges | 640/8 | €6,563 | €6,769 | +€206 | +3.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,762 | €36,982 | +€9,220 | +33.2% |
| Operating profit (loss) | 9901 | €11,581 | €20,997 | +€9,416 | +81.3% |
| Financial charges | 65/66B | €2,488 | €1,951 | -€537 | -21.6% |
| Recurring financial charges | 65 | €2,488 | €1,951 | -€537 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €9,093 | €19,046 | +€9,953 | +109.5% |
| Income taxes | 67/77 | €2,273 | €4,858 | +€2,585 | +113.7% |
| Profit (loss) for the period | 9904 | €6,820 | €14,188 | +€7,368 | +108.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,820 | €14,188 | +€7,368 | +108.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.