JOVER: 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.
JOVER
Largest movements
- Tangible fixed assets -€19,655
down €19,655 (-3.7%), from €527,796 to €508,141
of which Land and buildings: -€18,232
- Receivables within one year -€9,403
down €9,403 (-70.1%), from €13,409 to €4,005
of which Trade receivables: -€8,609
- Debts after one year -€55,699
down €55,699 (-100.0%), from €55,699 to €0
- Profit (loss) carried forward -€25,422
down €25,422 (-12.6%), from €201,370 to €175,949
- Current portion of long-term debt +€18,056
up €18,056, from €0 to €18,056
- Other debts +€16,717
up €16,717 (+31.7%), from €52,668 to €69,385
- Short-term financial debts +€11,212
up €11,212 (+16.4%), from €68,272 to €79,484
of which Other loans: +€35,224
- Staff costs +€12,756
up €12,756 (+4.2%), from €305,218 to €317,974
- Gross operating margin -€10,514
down €10,514 (-3.1%), from €342,269 to €331,755
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 | €555,480 | €528,395 | -€27,085 | -4.9% |
| Fixed assets | 21/28 | €529,117 | €509,463 | -€19,655 | -3.7% |
| Tangible fixed assets | 22/27 | €527,796 | €508,141 | -€19,655 | -3.7% |
| Land and buildings | 22 | €523,414 | €505,181 | -€18,232 | -3.5% |
| Plant, machinery and equipment | 23 | €1,961 | €1,099 | -€863 | -44.0% |
| Furniture and vehicles | 24 | €2,421 | €1,862 | -€559 | -23.1% |
| Financial fixed assets | 28 | €1,321 | €1,321 | = | 0.0% |
| Current assets | 29/58 | €26,362 | €18,932 | -€7,430 | -28.2% |
| Stocks and contracts in progress | 3 | €9,353 | €8,277 | -€1,076 | -11.5% |
| Stocks | 30/36 | €9,353 | €8,277 | -€1,076 | -11.5% |
| Amounts receivable within one year | 40/41 | €13,409 | €4,005 | -€9,403 | -70.1% |
| Trade receivables | 40 | €12,614 | €4,005 | -€8,609 | -68.2% |
| Other amounts receivable | 41 | €795 | €0 | -€795 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,145 | €4,644 | +€1,500 | +47.7% |
| Deferred charges and accrued income | 490/1 | €456 | €2,006 | +€1,550 | +339.8% |
| Total equity and liabilities | 10/49 | €555,480 | €528,395 | -€27,085 | -4.9% |
| Equity | 10/15 | €271,230 | €245,809 | -€25,422 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,260 | €51,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €50,860 | €50,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,370 | €175,949 | -€25,422 | -12.6% |
| Amounts payable | 17/49 | €284,249 | €282,586 | -€1,663 | -0.6% |
| Amounts payable after more than one year | 17 | €55,699 | €0 | -€55,699 | -100.0% |
| Financial debts | 170/4 | €55,699 | €0 | -€55,699 | -100.0% |
| Amounts payable within one year | 42/48 | €228,079 | €282,586 | +€54,508 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €18,056 | +€18,056 | |
| Financial debts | 43 | €68,272 | €79,484 | +€11,212 | +16.4% |
| Credit institutions | 430/8 | €29,061 | €5,048 | -€24,012 | -82.6% |
| Other loans | 439 | €39,211 | €74,435 | +€35,224 | +89.8% |
| Trade debts | 44 | €55,929 | €62,996 | +€7,067 | +12.6% |
| Suppliers | 440/4 | €55,929 | €62,996 | +€7,067 | +12.6% |
| Taxes, remuneration and social security | 45 | €51,211 | €52,666 | +€1,456 | +2.8% |
| Taxes | 450/3 | €12,119 | €9,050 | -€3,069 | -25.3% |
| Remuneration and social security | 454/9 | €39,092 | €43,616 | +€4,525 | +11.6% |
| Other amounts payable | 47/48 | €52,668 | €69,385 | +€16,717 | +31.7% |
| Accrued charges and deferred income | 492/3 | €472 | €0 | -€472 | -100.0% |
| Remuneration, social security and pensions | 62 | €305,218 | €317,974 | +€12,756 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,916 | €19,655 | -€261 | -1.3% |
| Other operating charges | 640/8 | €5,711 | €5,281 | -€430 | -7.5% |
| Gross operating margin | 9900 | €342,269 | €331,755 | -€10,514 | -3.1% |
| Operating profit (loss) | 9901 | €11,424 | -€11,155 | -€22,579 | |
| Financial charges | 65/66B | €11,739 | €13,124 | +€1,385 | +11.8% |
| Recurring financial charges | 65 | €11,739 | €13,124 | +€1,385 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€315 | -€24,279 | -€23,964 | -7607.2% |
| Income taxes | 67/77 | €2,243 | €1,143 | -€1,100 | -49.1% |
| Profit (loss) for the period | 9904 | -€2,558 | -€25,422 | -€22,864 | -893.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,558 | -€25,422 | -€22,864 | -893.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.