Jove: 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.
Jove
Largest movements
- Receivables within one year -€14,106
down €14,106 (-87.9%), from €16,043 to €1,937
of which Trade receivables: -€7,888
- Cash +€13,889
up €13,889 (+72.1%), from €19,260 to €33,149
mainly Receivables within one year (+€14,106) and Net result for the year (+€10,407)
- Receivables after one year +€12,000
new in 2025: €12,000
- Tangible fixed assets -€4,055
down €4,055 (-91.1%), from €4,452 to €397
of which Furniture and vehicles: -€3,881
- Reserves +€10,407
up €10,407 (+34.5%), from €30,191 to €40,597
- Trade debts -€4,989
down €4,989 (-100%), from €4,989 to €0
- Tax, wage and social debts +€1,378
up €1,378 (+48.2%), from €2,861 to €4,238
- Other debts +€970
up €970, from €0 to €970
- Gross operating margin -€17,953
down €17,953 (-48.0%), from €37,377 to €19,424
- Taxes -€2,296
down €2,296 (-40.2%), from €5,718 to €3,422
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 | €40,540 | €48,305 | +€7,765 | +19.2% |
| Fixed assets | 21/28 | €4,452 | €397 | -€4,055 | -91.1% |
| Tangible fixed assets | 22/27 | €4,452 | €397 | -€4,055 | -91.1% |
| Plant, machinery and equipment | 23 | €175 | €0 | -€175 | -100% |
| Furniture and vehicles | 24 | €4,278 | €397 | -€3,881 | -90.7% |
| Current assets | 29/58 | €36,088 | €47,908 | +€11,820 | +32.8% |
| Amounts receivable after more than one year | 29 | - | €12,000 | +€12,000 | |
| Trade receivables | 290 | - | €12,000 | +€12,000 | |
| Stocks and contracts in progress | 3 | €784 | €822 | +€38 | +4.8% |
| Stocks | 30/36 | €784 | €822 | +€38 | +4.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €16,043 | €1,937 | -€14,106 | -87.9% |
| Trade receivables | 40 | €8,247 | €359 | -€7,888 | -95.6% |
| Other amounts receivable | 41 | €7,796 | €1,578 | -€6,218 | -79.8% |
| Cash at bank and in hand | 54/58 | €19,260 | €33,149 | +€13,889 | +72.1% |
| Total equity and liabilities | 10/49 | €40,540 | €48,305 | +€7,765 | +19.2% |
| Equity | 10/15 | €32,691 | €43,097 | +€10,407 | +31.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,191 | €40,597 | +€10,407 | +34.5% |
| Distributable reserves | 133 | €30,191 | €40,597 | +€10,407 | +34.5% |
| Amounts payable | 17/49 | €7,850 | €5,208 | -€2,642 | -33.7% |
| Amounts payable within one year | 42/48 | €7,850 | €5,208 | -€2,642 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,989 | €0 | -€4,989 | -100% |
| Suppliers | 440/4 | €4,989 | €0 | -€4,989 | -100% |
| Taxes, remuneration and social security | 45 | €2,861 | €4,238 | +€1,378 | +48.2% |
| Taxes | 450/3 | €2,861 | €4,238 | +€1,378 | +48.2% |
| Other amounts payable | 47/48 | €0 | €970 | +€970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,055 | €4,055 | +€0 | 0.0% |
| Other operating charges | 640/8 | €822 | €845 | +€23 | +2.8% |
| Gross operating margin | 9900 | €37,377 | €19,424 | -€17,953 | -48.0% |
| Operating profit (loss) | 9901 | €32,500 | €14,524 | -€17,976 | -55.3% |
| Financial income | 75/76B | €0 | €38 | +€38 | |
| Recurring financial income | 75 | €0 | €38 | +€38 | |
| Financial charges | 65/66B | €667 | €733 | +€66 | +9.9% |
| Recurring financial charges | 65 | €667 | €733 | +€66 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €31,833 | €13,829 | -€18,004 | -56.6% |
| Income taxes | 67/77 | €5,718 | €3,422 | -€2,296 | -40.2% |
| Profit (loss) for the period | 9904 | €26,115 | €10,407 | -€15,708 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,115 | €10,407 | -€15,708 | -60.2% |
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 30 October 2026 via checked.be.