JOVANI: 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.
JOVANI
Largest movements
- Cash -€70
down €70 (-76.0%), from €92 to €22
mainly Net result for the year (-€1,232) and Trade debts (-€762)
- Other debts +€1,924
up €1,924 (+105%), from €1,841 to €3,765
- Profit (loss) carried forward -€1,232
down €1,232 (-17.3%), from -€7,113 to -€8,345
- Trade debts -€762
down €762 (-52.1%), from €1,464 to €702
- Financial charges +€240
up €240 (+230%), from €104 to €345
- Gross operating margin +€116
up €116 (+13.2%), from -€884 to -€767
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 | €1,192 | €1,122 | -€70 | -5.9% |
| Current assets | 29/58 | €1,192 | €1,122 | -€70 | -5.9% |
| Amounts receivable within one year | 40/41 | €1,100 | €1,100 | = | 0.0% |
| Other amounts receivable | 41 | €1,100 | €1,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92 | €22 | -€70 | -76.0% |
| Total equity and liabilities | 10/49 | €1,192 | €1,122 | -€70 | -5.9% |
| Equity | 10/15 | -€2,113 | -€3,345 | -€1,232 | -58.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,113 | -€8,345 | -€1,232 | -17.3% |
| Amounts payable | 17/49 | €3,305 | €4,467 | +€1,162 | +35.2% |
| Amounts payable within one year | 42/48 | €3,305 | €4,467 | +€1,162 | +35.2% |
| Trade debts | 44 | €1,464 | €702 | -€762 | -52.1% |
| Suppliers | 440/4 | €1,464 | €702 | -€762 | -52.1% |
| Other amounts payable | 47/48 | €1,841 | €3,765 | +€1,924 | +105% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€884 | -€767 | +€116 | +13.2% |
| Operating profit (loss) | 9901 | -€1,002 | -€887 | +€114 | +11.4% |
| Financial charges | 65/66B | €104 | €345 | +€240 | +230% |
| Recurring financial charges | 65 | €104 | €345 | +€240 | +230% |
| Profit (loss) for the period before taxes | 9903 | -€1,106 | -€1,232 | -€126 | -11.4% |
| Profit (loss) for the period | 9904 | -€1,106 | -€1,232 | -€126 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,106 | -€1,232 | -€126 | -11.4% |
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.