JOVERO: 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.
JOVERO
Largest movements
- Stocks and contracts -€8,691
down €8,691 (-8.1%), from €106,875 to €98,184
- Receivables within one year -€4,500
down €4,500 (-17.0%), from €26,462 to €21,962
of which Other amounts receivable: -€2,675
- Deferred charges and accrued income -€1,403
down €1,403 (-37.4%), from €3,754 to €2,351
- Profit (loss) carried forward -€6,406
down €6,406 (-74.4%), from €8,609 to €2,203
- Short-term financial debts -€5,472
down €5,472 (-13.0%), from €41,974 to €36,502
- Other debts -€2,748
down €2,748 (-7.0%), from €39,100 to €36,352
- Gross operating margin +€6,581
up €6,581 (+84.6%), from €7,782 to €14,363
- Financial charges -€2,850
down €2,850 (-35.2%), from €8,101 to €5,251
- Other operating charges -€777
down €777 (-57.1%), from €1,361 to €584
- Staff costs +€505
up €505 (+3.5%), from €14,428 to €14,933
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 | €137,111 | €122,518 | -€14,593 | -10.6% |
| Current assets | 29/58 | €137,111 | €122,518 | -€14,593 | -10.6% |
| Stocks and contracts in progress | 3 | €106,875 | €98,184 | -€8,691 | -8.1% |
| Stocks | 30/36 | €106,875 | €98,184 | -€8,691 | -8.1% |
| Amounts receivable within one year | 40/41 | €26,462 | €21,962 | -€4,500 | -17.0% |
| Trade receivables | 40 | €23,713 | €21,888 | -€1,825 | -7.7% |
| Other amounts receivable | 41 | €2,749 | €74 | -€2,675 | -97.3% |
| Cash at bank and in hand | 54/58 | €20 | €20 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,754 | €2,351 | -€1,403 | -37.4% |
| Total equity and liabilities | 10/49 | €137,111 | €122,518 | -€14,593 | -10.6% |
| Equity | 10/15 | €28,736 | €22,330 | -€6,406 | -22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,527 | €1,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,527 | €1,527 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,609 | €2,203 | -€6,406 | -74.4% |
| Amounts payable | 17/49 | €108,374 | €100,187 | -€8,187 | -7.6% |
| Amounts payable within one year | 42/48 | €108,374 | €100,187 | -€8,187 | -7.6% |
| Financial debts | 43 | €41,974 | €36,502 | -€5,472 | -13.0% |
| Credit institutions | 430/8 | €41,974 | €36,502 | -€5,472 | -13.0% |
| Trade debts | 44 | €25,114 | €25,035 | -€79 | -0.3% |
| Suppliers | 440/4 | €25,114 | €25,035 | -€79 | -0.3% |
| Taxes, remuneration and social security | 45 | €2,186 | €2,298 | +€112 | +5.1% |
| Taxes | 450/3 | €0 | €572 | +€572 | |
| Remuneration and social security | 454/9 | €2,186 | €1,726 | -€460 | -21.0% |
| Other amounts payable | 47/48 | €39,100 | €36,352 | -€2,748 | -7.0% |
| Remuneration, social security and pensions | 62 | €14,428 | €14,933 | +€505 | +3.5% |
| Other operating charges | 640/8 | €1,361 | €584 | -€777 | -57.1% |
| Gross operating margin | 9900 | €7,782 | €14,363 | +€6,581 | +84.6% |
| Operating profit (loss) | 9901 | -€8,007 | -€1,155 | +€6,853 | +85.6% |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.9% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.9% |
| Financial charges | 65/66B | €8,101 | €5,251 | -€2,850 | -35.2% |
| Recurring financial charges | 65 | €8,101 | €5,251 | -€2,850 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,082 | -€6,406 | +€9,676 | +60.2% |
| Profit (loss) for the period | 9904 | -€16,082 | -€6,406 | +€9,676 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,082 | -€6,406 | +€9,676 | +60.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.