Jovape: 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.
Jovape
Largest movements
- Cash +€30,664
up €30,664 (+37.7%), from €81,253 to €111,917
mainly Net result for the year (+€61,702) and Receivables within one year (+€17,743)
- Receivables within one year -€17,743
down €17,743 (-90.7%), from €19,552 to €1,810
of which Trade receivables: -€16,290
- Tangible fixed assets -€14,728
down €14,728 (-71.9%), from €20,494 to €5,766
of which Land and buildings: -€16,205
- Current investments +€3,700
up €3,700 (+100%), from €3,700 to €7,400
- Deferred charges and accrued income -€1,679
down €1,679 (-100%), from €1,679 to €0
- Trade debts -€18,185
down €18,185 (-83.7%), from €21,738 to €3,553
- Other debts +€17,295
up €17,295 (+23.3%), from €74,305 to €91,601
- Tax, wage and social debts +€2,451
up €2,451 (+28.1%), from €8,731 to €11,182
- Short-term financial debts -€1,347
down €1,347 (-100%), from €1,347 to €0
- Gross operating margin +€24,702
up €24,702 (+37.7%), from €65,488 to €90,190
- Taxes +€5,346
up €5,346 (+30.5%), from €17,554 to €22,900
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 | €126,678 | €126,892 | +€214 | +0.2% |
| Fixed assets | 21/28 | €20,494 | €5,766 | -€14,728 | -71.9% |
| Tangible fixed assets | 22/27 | €20,494 | €5,766 | -€14,728 | -71.9% |
| Land and buildings | 22 | €16,205 | €0 | -€16,205 | -100% |
| Furniture and vehicles | 24 | €4,289 | €5,766 | +€1,477 | +34.4% |
| Current assets | 29/58 | €106,184 | €121,127 | +€14,942 | +14.1% |
| Amounts receivable within one year | 40/41 | €19,552 | €1,810 | -€17,743 | -90.7% |
| Trade receivables | 40 | €17,500 | €1,210 | -€16,290 | -93.1% |
| Other amounts receivable | 41 | €2,052 | €600 | -€1,453 | -70.8% |
| Current investments | 50/53 | €3,700 | €7,400 | +€3,700 | +100% |
| Cash at bank and in hand | 54/58 | €81,253 | €111,917 | +€30,664 | +37.7% |
| Deferred charges and accrued income | 490/1 | €1,679 | €0 | -€1,679 | -100% |
| Total equity and liabilities | 10/49 | €126,678 | €126,892 | +€214 | +0.2% |
| Equity | 10/15 | €20,557 | €20,557 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,957 | €1,957 | = | 0.0% |
| Tax-exempt reserves | 132 | €97 | €97 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,121 | €106,335 | +€214 | +0.2% |
| Amounts payable within one year | 42/48 | €106,121 | €106,335 | +€214 | +0.2% |
| Financial debts | 43 | €1,347 | €0 | -€1,347 | -100% |
| Credit institutions | 430/8 | €1,347 | €0 | -€1,347 | -100% |
| Trade debts | 44 | €21,738 | €3,553 | -€18,185 | -83.7% |
| Suppliers | 440/4 | €21,738 | €3,553 | -€18,185 | -83.7% |
| Taxes, remuneration and social security | 45 | €8,731 | €11,182 | +€2,451 | +28.1% |
| Taxes | 450/3 | €8,731 | €11,182 | +€2,451 | +28.1% |
| Other amounts payable | 47/48 | €74,305 | €91,601 | +€17,295 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,268 | €1,640 | +€372 | +29.3% |
| Other operating charges | 640/8 | €1,329 | €893 | -€436 | -32.8% |
| Non-recurring operating charges | 66A | €2,081 | €2,981 | +€901 | +43.3% |
| Gross operating margin | 9900 | €65,488 | €90,190 | +€24,702 | +37.7% |
| Operating profit (loss) | 9901 | €60,811 | €84,676 | +€23,865 | +39.2% |
| Financial income | 75/76B | €6 | €0 | -€6 | -93.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -93.3% |
| Financial charges | 65/66B | €379 | €74 | -€306 | -80.6% |
| Recurring financial charges | 65 | €379 | €74 | -€306 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €60,437 | €84,603 | +€24,165 | +40.0% |
| Income taxes | 67/77 | €17,554 | €22,900 | +€5,346 | +30.5% |
| Profit (loss) for the period | 9904 | €42,883 | €61,702 | +€18,819 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,883 | €61,702 | +€18,819 | +43.9% |
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 13 October 2026 via checked.be.