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
- Tangible fixed assets +€720,705
new in 2025: €720,705
- Receivables within one year +€130,125
up €130,125 (+239.3%), from €54,388 to €184,513
of which Trade receivables: +€133,808
- Debts after one year +€616,614
new in 2025: €616,614
- Trade debts +€96,314
up €96,314 (+10246.4%), from €940 to €97,254
- Other debts +€76,677
up €76,677 (+2452.3%), from €3,127 to €79,803
- Reserves +€39,012
new in 2025: €39,012
- Current portion of long-term debt +€24,550
new in 2025: €24,550
- Gross operating margin +€32,605
up €32,605 (+146.1%), from €22,314 to €54,918
- Taxes +€5,274
up €5,274 (+117.1%), from €4,505 to €9,779
- Financial charges +€3,480
up €3,480 (+9373.9%), from €37 to €3,517
- Depreciation +€2,043
new in 2025: €2,043
- Other operating charges +€747
up €747, from €0 to €747
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 | €57,742 | €917,222 | +€859,479 | +1488.5% |
| Fixed assets | 21/28 | - | €720,705 | +€720,705 | |
| Tangible fixed assets | 22/27 | - | €720,705 | +€720,705 | |
| Land and buildings | 22 | - | €720,705 | +€720,705 | |
| Current assets | 29/58 | €57,742 | €196,516 | +€138,774 | +240.3% |
| Amounts receivable within one year | 40/41 | €54,388 | €184,513 | +€130,125 | +239.3% |
| Trade receivables | 40 | €50,199 | €184,007 | +€133,808 | +266.6% |
| Other amounts receivable | 41 | €4,189 | €506 | -€3,683 | -87.9% |
| Cash at bank and in hand | 54/58 | €3,355 | €10,242 | +€6,887 | +205.3% |
| Deferred charges and accrued income | 490/1 | - | €1,761 | +€1,761 | |
| Total equity and liabilities | 10/49 | €57,742 | €917,222 | +€859,479 | +1488.5% |
| Equity | 10/15 | €43,423 | €82,435 | +€39,012 | +89.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €39,012 | +€39,012 | |
| Distributable reserves | 133 | - | €39,012 | +€39,012 | |
| Profit (loss) carried forward | 14 | €42,423 | €42,423 | = | 0.0% |
| Amounts payable | 17/49 | €14,320 | €834,787 | +€820,467 | +5729.7% |
| Amounts payable after more than one year | 17 | - | €616,614 | +€616,614 | |
| Financial debts | 170/4 | - | €616,614 | +€616,614 | |
| Amounts payable within one year | 42/48 | €14,320 | €218,173 | +€203,853 | +1423.6% |
| Current portion of amounts payable after more than one year | 42 | - | €24,550 | +€24,550 | |
| Trade debts | 44 | €940 | €97,254 | +€96,314 | +10246.4% |
| Suppliers | 440/4 | €940 | €97,254 | +€96,314 | +10246.4% |
| Taxes, remuneration and social security | 45 | €10,253 | €16,565 | +€6,312 | +61.6% |
| Taxes | 450/3 | €10,253 | €15,065 | +€4,812 | +46.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €3,127 | €79,803 | +€76,677 | +2452.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,043 | +€2,043 | |
| Other operating charges | 640/8 | €0 | €747 | +€747 | |
| Gross operating margin | 9900 | €22,314 | €54,918 | +€32,605 | +146.1% |
| Operating profit (loss) | 9901 | €22,314 | €52,128 | +€29,814 | +133.6% |
| Financial income | 75/76B | €246 | €179 | -€67 | -27.2% |
| Recurring financial income | 75 | €246 | €179 | -€67 | -27.2% |
| Financial charges | 65/66B | €37 | €3,517 | +€3,480 | +9373.9% |
| Recurring financial charges | 65 | €37 | €3,517 | +€3,480 | +9373.9% |
| Profit (loss) for the period before taxes | 9903 | €22,523 | €48,791 | +€26,268 | +116.6% |
| Income taxes | 67/77 | €4,505 | €9,779 | +€5,274 | +117.1% |
| Profit (loss) for the period | 9904 | €18,018 | €39,012 | +€20,994 | +116.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,018 | €39,012 | +€20,994 | +116.5% |
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 12 October 2026 via checked.be.