JOVERNA OPTICS: 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.
JOVERNA OPTICS
Largest movements
- Tangible fixed assets -€13,484
down €13,484 (-79.9%), from €16,873 to €3,389
- Receivables within one year +€7,528
up €7,528 (+44.0%), from €17,094 to €24,621
of which Trade receivables: +€12,800
- Cash -€3,438
down €3,438 (-6.5%), from €53,207 to €49,769
mainly Contributions, distributions and other (-€12,526) and Current portion of long-term debt (-€11,576)
- Current investments +€1,500
new in 2025: €1,500
- Current portion of long-term debt -€11,576
down €11,576 (-80.9%), from €14,314 to €2,738
- Tax, wage and social debts +€4,259
up €4,259 (+29.2%), from €14,581 to €18,839
of which Taxes: +€2,461
- Debts after one year -€2,738
no longer reported in 2025 (was €2,738)
- Reserves +€2,206
up €2,206 (+4.7%), from €46,914 to €49,121
- Gross operating margin +€16,092
up €16,092 (+18.1%), from €88,996 to €105,088
- Taxes +€3,910
up €3,910 (+134%), from €2,927 to €6,837
- Staff costs +€3,770
up €3,770 (+5.8%), from €64,662 to €68,432
- Depreciation -€1,710
down €1,710 (-11.3%), from €15,194 to €13,484
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 | €88,490 | €79,923 | -€8,567 | -9.7% |
| Fixed assets | 21/28 | €16,873 | €3,389 | -€13,484 | -79.9% |
| Tangible fixed assets | 22/27 | €16,873 | €3,389 | -€13,484 | -79.9% |
| Furniture and vehicles | 24 | €16,873 | €3,389 | -€13,484 | -79.9% |
| Current assets | 29/58 | €71,617 | €76,535 | +€4,917 | +6.9% |
| Amounts receivable within one year | 40/41 | €17,094 | €24,621 | +€7,528 | +44.0% |
| Trade receivables | 40 | €10,686 | €23,485 | +€12,800 | +120% |
| Other amounts receivable | 41 | €6,408 | €1,136 | -€5,272 | -82.3% |
| Current investments | 50/53 | - | €1,500 | +€1,500 | |
| Cash at bank and in hand | 54/58 | €53,207 | €49,769 | -€3,438 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,317 | €644 | -€672 | -51.1% |
| Total equity and liabilities | 10/49 | €88,490 | €79,923 | -€8,567 | -9.7% |
| Equity | 10/15 | €53,122 | €55,329 | +€2,206 | +4.2% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €46,914 | €49,121 | +€2,206 | +4.7% |
| Distributable reserves | 133 | €46,914 | €49,121 | +€2,206 | +4.7% |
| Amounts payable | 17/49 | €35,368 | €24,595 | -€10,773 | -30.5% |
| Amounts payable after more than one year | 17 | €2,738 | - | -€2,738 | |
| Financial debts | 170/4 | €2,738 | - | -€2,738 | |
| Amounts payable within one year | 42/48 | €32,030 | €24,376 | -€7,654 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €14,314 | €2,738 | -€11,576 | -80.9% |
| Trade debts | 44 | €997 | €733 | -€265 | -26.6% |
| Suppliers | 440/4 | €997 | €733 | -€265 | -26.6% |
| Taxes, remuneration and social security | 45 | €14,581 | €18,839 | +€4,259 | +29.2% |
| Taxes | 450/3 | €7,120 | €9,581 | +€2,461 | +34.6% |
| Remuneration and social security | 454/9 | €7,460 | €9,258 | +€1,798 | +24.1% |
| Other amounts payable | 47/48 | €2,138 | €2,066 | -€71 | -3.3% |
| Accrued charges and deferred income | 492/3 | €600 | €219 | -€381 | -63.5% |
| Remuneration, social security and pensions | 62 | €64,662 | €68,432 | +€3,770 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,194 | €13,484 | -€1,710 | -11.3% |
| Other operating charges | 640/8 | €1,131 | €1,293 | +€162 | +14.4% |
| Gross operating margin | 9900 | €88,996 | €105,088 | +€16,092 | +18.1% |
| Operating profit (loss) | 9901 | €8,009 | €21,879 | +€13,870 | +173% |
| Financial charges | 65/66B | €534 | €310 | -€225 | -42.1% |
| Recurring financial charges | 65 | €534 | €310 | -€225 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €7,475 | €21,569 | +€14,094 | +189% |
| Income taxes | 67/77 | €2,927 | €6,837 | +€3,910 | +134% |
| Profit (loss) for the period | 9904 | €4,548 | €14,732 | +€10,184 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €4,548 | €14,732 | +€10,184 | +224% |
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 26 October 2026 via checked.be.