JOVEDO: 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.
JOVEDO
Largest movements
- Cash +€7,917
up €7,917 (+3.3%), from €239,732 to €247,648
mainly Depreciation (+€11,413) and Net result for the year (+€3,826)
- Tangible fixed assets -€5,397
down €5,397 (-2.7%), from €199,816 to €194,419
- Other debts -€5,506
down €5,506 (-7.2%), from €76,106 to €70,600
- Gross operating margin -€6,148
down €6,148 (-21.8%), from €28,215 to €22,067
- Depreciation +€844
up €844 (+8.0%), from €10,569 to €11,413
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,193 | €443,585 | +€1,392 | +0.3% |
| Fixed assets | 21/28 | €199,816 | €194,419 | -€5,397 | -2.7% |
| Tangible fixed assets | 22/27 | €199,816 | €194,419 | -€5,397 | -2.7% |
| Land and buildings | 22 | €199,816 | €194,419 | -€5,397 | -2.7% |
| Current assets | 29/58 | €242,376 | €249,166 | +€6,790 | +2.8% |
| Amounts receivable within one year | 40/41 | - | €1,400 | +€1,400 | |
| Other amounts receivable | 41 | - | €1,400 | +€1,400 | |
| Cash at bank and in hand | 54/58 | €239,732 | €247,648 | +€7,917 | +3.3% |
| Deferred charges and accrued income | 490/1 | €2,645 | €118 | -€2,527 | -95.6% |
| Total equity and liabilities | 10/49 | €442,193 | €443,585 | +€1,392 | +0.3% |
| Equity | 10/15 | €365,594 | €369,421 | +€3,826 | +1.0% |
| Contributions | 10/11 | €421,419 | €421,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,825 | -€51,998 | +€3,826 | +6.9% |
| Amounts payable | 17/49 | €76,598 | €74,164 | -€2,434 | -3.2% |
| Amounts payable within one year | 42/48 | €76,214 | €74,164 | -€2,050 | -2.7% |
| Trade debts | 44 | €108 | €3,565 | +€3,457 | +3200.9% |
| Suppliers | 440/4 | €108 | €3,565 | +€3,457 | +3200.9% |
| Other amounts payable | 47/48 | €76,106 | €70,600 | -€5,506 | -7.2% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,569 | €11,413 | +€844 | +8.0% |
| Other operating charges | 640/8 | €6,140 | €6,319 | +€179 | +2.9% |
| Gross operating margin | 9900 | €28,215 | €22,067 | -€6,148 | -21.8% |
| Operating profit (loss) | 9901 | €11,506 | €4,335 | -€7,171 | -62.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €510 | €512 | +€2 | +0.3% |
| Recurring financial charges | 65 | €510 | €512 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €10,996 | €3,826 | -€7,169 | -65.2% |
| Profit (loss) for the period | 9904 | €10,996 | €3,826 | -€7,169 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,996 | €3,826 | -€7,169 | -65.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.