JOVANI: 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.
JOVANI
Largest movements
- Tangible fixed assets -€4,088
down €4,088 (-10.1%), from €40,454 to €36,365
of which Furniture and vehicles: -€3,238
- Cash +€898
up €898 (+69.3%), from €1,296 to €2,193
mainly Depreciation (+€4,088) and Net result for the year (+€2,039)
- Other debts -€4,339
down €4,339 (-4.3%), from €100,429 to €96,091
- Profit (loss) carried forward +€2,039
up €2,039 (+1.5%), from -€137,465 to -€135,426
- Trade debts -€1,135
down €1,135 (-24.1%), from €4,705 to €3,570
- Gross operating margin -€3,035
down €3,035 (-29.8%), from €10,173 to €7,138
- Other operating charges -€220
down €220 (-21.4%), from €1,025 to €805
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 | €46,762 | €43,023 | -€3,739 | -8.0% |
| Fixed assets | 21/28 | €40,604 | €36,515 | -€4,088 | -10.1% |
| Tangible fixed assets | 22/27 | €40,454 | €36,365 | -€4,088 | -10.1% |
| Land and buildings | 22 | €28,050 | €27,200 | -€850 | -3.0% |
| Furniture and vehicles | 24 | €12,404 | €9,165 | -€3,238 | -26.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €6,158 | €6,508 | +€350 | +5.7% |
| Amounts receivable within one year | 40/41 | €4,183 | €3,839 | -€344 | -8.2% |
| Trade receivables | 40 | €3,058 | €2,721 | -€337 | -11.0% |
| Other amounts receivable | 41 | €1,125 | €1,118 | -€7 | -0.6% |
| Cash at bank and in hand | 54/58 | €1,296 | €2,193 | +€898 | +69.3% |
| Deferred charges and accrued income | 490/1 | €680 | €475 | -€204 | -30.1% |
| Total equity and liabilities | 10/49 | €46,762 | €43,023 | -€3,739 | -8.0% |
| Equity | 10/15 | -€59,633 | -€57,594 | +€2,039 | +3.4% |
| Contributions | 10/11 | €62,025 | €62,025 | = | 0.0% |
| Capital | 10 | €62,025 | €62,025 | = | 0.0% |
| Issued capital | 100 | €62,025 | €62,025 | = | 0.0% |
| Reserves | 13 | €15,807 | €15,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,203 | €6,203 | = | 0.0% |
| Legal reserve | 130 | €6,203 | €6,203 | = | 0.0% |
| Distributable reserves | 133 | €9,604 | €9,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,465 | -€135,426 | +€2,039 | +1.5% |
| Amounts payable | 17/49 | €106,395 | €100,617 | -€5,778 | -5.4% |
| Amounts payable within one year | 42/48 | €106,395 | €100,617 | -€5,778 | -5.4% |
| Trade debts | 44 | €4,705 | €3,570 | -€1,135 | -24.1% |
| Suppliers | 440/4 | €4,705 | €3,570 | -€1,135 | -24.1% |
| Taxes, remuneration and social security | 45 | €1,261 | €957 | -€304 | -24.1% |
| Taxes | 450/3 | €1,261 | €957 | -€304 | -24.1% |
| Other amounts payable | 47/48 | €100,429 | €96,091 | -€4,339 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,088 | €4,088 | = | 0.0% |
| Other operating charges | 640/8 | €1,025 | €805 | -€220 | -21.4% |
| Gross operating margin | 9900 | €10,173 | €7,138 | -€3,035 | -29.8% |
| Operating profit (loss) | 9901 | €5,060 | €2,245 | -€2,815 | -55.6% |
| Financial charges | 65/66B | €123 | €40 | -€83 | -67.2% |
| Recurring financial charges | 65 | €123 | €40 | -€83 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €4,937 | €2,204 | -€2,732 | -55.3% |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €4,777 | €2,039 | -€2,737 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,777 | €2,039 | -€2,737 | -57.3% |
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 2 October 2026 via checked.be.