Jovere: 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.
Jovere
Largest movements
- Cash +€56,755
up €56,755 (+569.4%), from €9,968 to €66,723
mainly Net result for the year (+€46,878) and Depreciation (+€15,245)
- Tangible fixed assets -€13,544
down €13,544 (-25.6%), from €52,961 to €39,416
- Receivables within one year -€9,422
down €9,422 (-56.5%), from €16,686 to €7,264
- Reserves +€46,878
up €46,878 (+121.8%), from €38,493 to €85,371
- Trade debts -€17,188
down €17,188 (-92.8%), from €18,524 to €1,336
- Tax, wage and social debts +€3,321
up €3,321 (+42.9%), from €7,732 to €11,053
- Gross operating margin +€25,524
up €25,524 (+45.5%), from €56,084 to €81,609
- Depreciation +€13,582
up €13,582 (+816.8%), from €1,663 to €15,245
- Taxes +€2,417
up €2,417 (+15.2%), from €15,863 to €18,281
- Other operating charges +€1,045
new in 2025: €1,045
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 | €79,615 | €113,404 | +€33,789 | +42.4% |
| Fixed assets | 21/28 | €52,961 | €39,416 | -€13,544 | -25.6% |
| Tangible fixed assets | 22/27 | €52,961 | €39,416 | -€13,544 | -25.6% |
| Furniture and vehicles | 24 | €52,961 | €39,416 | -€13,544 | -25.6% |
| Current assets | 29/58 | €26,654 | €73,988 | +€47,334 | +177.6% |
| Amounts receivable within one year | 40/41 | €16,686 | €7,264 | -€9,422 | -56.5% |
| Trade receivables | 40 | €16,686 | €7,264 | -€9,422 | -56.5% |
| Cash at bank and in hand | 54/58 | €9,968 | €66,723 | +€56,755 | +569.4% |
| Total equity and liabilities | 10/49 | €79,615 | €113,404 | +€33,789 | +42.4% |
| Equity | 10/15 | €40,493 | €87,371 | +€46,878 | +115.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,493 | €85,371 | +€46,878 | +121.8% |
| Distributable reserves | 133 | €38,493 | €85,371 | +€46,878 | +121.8% |
| Amounts payable | 17/49 | €39,122 | €26,033 | -€13,089 | -33.5% |
| Amounts payable within one year | 42/48 | €39,122 | €26,033 | -€13,089 | -33.5% |
| Trade debts | 44 | €18,524 | €1,336 | -€17,188 | -92.8% |
| Suppliers | 440/4 | €18,524 | €1,336 | -€17,188 | -92.8% |
| Taxes, remuneration and social security | 45 | €7,732 | €11,053 | +€3,321 | +42.9% |
| Taxes | 450/3 | €7,732 | €11,053 | +€3,321 | +42.9% |
| Other amounts payable | 47/48 | €12,866 | €13,644 | +€778 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €15,245 | +€13,582 | +816.8% |
| Other operating charges | 640/8 | - | €1,045 | +€1,045 | |
| Gross operating margin | 9900 | €56,084 | €81,609 | +€25,524 | +45.5% |
| Operating profit (loss) | 9901 | €54,422 | €65,319 | +€10,897 | +20.0% |
| Financial charges | 65/66B | €65 | €160 | +€95 | +144.9% |
| Recurring financial charges | 65 | €65 | €160 | +€95 | +144.9% |
| Profit (loss) for the period before taxes | 9903 | €54,356 | €65,159 | +€10,803 | +19.9% |
| Income taxes | 67/77 | €15,863 | €18,281 | +€2,417 | +15.2% |
| Profit (loss) for the period | 9904 | €38,493 | €46,878 | +€8,385 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,493 | €46,878 | +€8,385 | +21.8% |
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 11 October 2026 via checked.be.