Jovele: 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.
Jovele
Largest movements
- Cash +€38,378
up €38,378 (+43.2%), from €88,843 to €127,221
mainly Net result for the year (+€27,749) and Depreciation (+€9,796)
- Tangible fixed assets -€9,796
down €9,796 (-30.4%), from €32,260 to €22,464
of which Furniture and vehicles: -€8,985
- Receivables within one year -€4,732
down €4,732 (-57.5%), from €8,224 to €3,493
of which Trade receivables: -€5,523
- Reserves +€27,249
up €27,249 (+33.2%), from €81,982 to €109,232
- Debts after one year -€4,885
down €4,885 (-13.7%), from €35,774 to €30,888
- Gross operating margin -€3,903
down €3,903 (-8.0%), from €48,986 to €45,083
- Taxes -€2,654
down €2,654 (-26.9%), from €9,883 to €7,228
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 | €129,599 | €153,449 | +€23,850 | +18.4% |
| Fixed assets | 21/28 | €32,260 | €22,464 | -€9,796 | -30.4% |
| Tangible fixed assets | 22/27 | €32,260 | €22,464 | -€9,796 | -30.4% |
| Plant, machinery and equipment | 23 | €2,361 | €1,550 | -€811 | -34.3% |
| Furniture and vehicles | 24 | €29,899 | €20,913 | -€8,985 | -30.1% |
| Current assets | 29/58 | €97,339 | €130,985 | +€33,646 | +34.6% |
| Stocks and contracts in progress | 3 | €272 | €272 | = | 0.0% |
| Stocks | 30/36 | €272 | €272 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,224 | €3,493 | -€4,732 | -57.5% |
| Trade receivables | 40 | €6,024 | €500 | -€5,523 | -91.7% |
| Other amounts receivable | 41 | €2,201 | €2,992 | +€791 | +36.0% |
| Cash at bank and in hand | 54/58 | €88,843 | €127,221 | +€38,378 | +43.2% |
| Total equity and liabilities | 10/49 | €129,599 | €153,449 | +€23,850 | +18.4% |
| Equity | 10/15 | €86,982 | €114,232 | +€27,249 | +31.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,982 | €109,232 | +€27,249 | +33.2% |
| Distributable reserves | 133 | €81,982 | €109,232 | +€27,249 | +33.2% |
| Amounts payable | 17/49 | €42,617 | €39,218 | -€3,399 | -8.0% |
| Amounts payable after more than one year | 17 | €35,774 | €30,888 | -€4,885 | -13.7% |
| Financial debts | 170/4 | €35,774 | €30,888 | -€4,885 | -13.7% |
| Amounts payable within one year | 42/48 | €6,843 | €8,329 | +€1,486 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €4,813 | €4,885 | +€72 | +1.5% |
| Trade debts | 44 | €234 | €124 | -€110 | -47.0% |
| Suppliers | 440/4 | €234 | €124 | -€110 | -47.0% |
| Taxes, remuneration and social security | 45 | €1,796 | €2,820 | +€1,023 | +57.0% |
| Taxes | 450/3 | €1,796 | €2,820 | +€1,023 | +57.0% |
| Other amounts payable | 47/48 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,772 | €9,796 | +€25 | +0.3% |
| Other operating charges | 640/8 | €359 | €369 | +€10 | +2.6% |
| Gross operating margin | 9900 | €48,986 | €45,083 | -€3,903 | -8.0% |
| Operating profit (loss) | 9901 | €38,855 | €34,918 | -€3,937 | -10.1% |
| Financial income | 75/76B | €279 | €735 | +€456 | +164% |
| Recurring financial income | 75 | €279 | €735 | +€456 | +164% |
| Financial charges | 65/66B | €746 | €675 | -€70 | -9.4% |
| Recurring financial charges | 65 | €746 | €675 | -€70 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €38,388 | €34,978 | -€3,410 | -8.9% |
| Income taxes | 67/77 | €9,883 | €7,228 | -€2,654 | -26.9% |
| Profit (loss) for the period | 9904 | €28,505 | €27,749 | -€756 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,505 | €27,749 | -€756 | -2.7% |
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 17 October 2026 via checked.be.