Joveron: 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.
Joveron
Largest movements
- Current investments +€1.0m
up €1.0m (+51.3%), from €2.0m to €3.0m
- Receivables within one year -€994,736
down €994,736 (-98.4%), from €1.0m to €15,920
- Financial fixed assets +€545,858
up €545,858 (+2.7%), from €20.3m to €20.9m
- Reserves +€530,887
up €530,887 (+19.5%), from €2.7m to €3.3m
of which Distributable reserves: +€429,300
- Financial income -€2.4m
down €2.4m (-80.7%), from €3.0m to €579,684
- Taxes -€208,973
down €208,973 (-76.6%), from €272,727 to €63,754
- Gross operating margin +€26,342
up €26,342, from -€85 to €26,257
- Financial charges +€10,122
up €10,122 (+19,465%), from €52 to €10,174
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 | €23,304,462 | €23,893,078 | +€588,616 | +2.5% |
| Fixed assets | 21/28 | €20,333,091 | €20,878,949 | +€545,858 | +2.7% |
| Financial fixed assets | 28 | €20,333,091 | €20,878,949 | +€545,858 | +2.7% |
| Current assets | 29/58 | €2,971,371 | €3,014,129 | +€42,758 | +1.4% |
| Amounts receivable within one year | 40/41 | €1,010,656 | €15,920 | -€994,736 | -98.4% |
| Other amounts receivable | 41 | €1,010,656 | €15,920 | -€994,736 | -98.4% |
| Current investments | 50/53 | €1,950,000 | €2,950,000 | +€1.0m | +51.3% |
| Cash at bank and in hand | 54/58 | €10,715 | €48,209 | +€37,494 | +350% |
| Total equity and liabilities | 10/49 | €23,304,462 | €23,893,078 | +€588,616 | +2.5% |
| Equity | 10/15 | €23,031,735 | €23,562,622 | +€530,887 | +2.3% |
| Contributions | 10/11 | €21,000,000 | €21,000,000 | = | 0.0% |
| Capital | 10 | €21,000,000 | €21,000,000 | = | 0.0% |
| Issued capital | 100 | €21,000,000 | €21,000,000 | = | 0.0% |
| Reserves | 13 | €2,727,273 | €3,258,160 | +€530,887 | +19.5% |
| Non-distributable reserves | 130/1 | - | €101,587 | +€101,587 | |
| Legal reserve | 130 | - | €101,587 | +€101,587 | |
| Distributable reserves | 133 | €2,727,273 | €3,156,573 | +€429,300 | +15.7% |
| Profit (loss) carried forward | 14 | -€695,538 | -€695,538 | = | 0.0% |
| Amounts payable | 17/49 | €272,727 | €330,456 | +€57,729 | +21.2% |
| Amounts payable within one year | 42/48 | €272,727 | €330,456 | +€57,729 | +21.2% |
| Taxes, remuneration and social security | 45 | €272,727 | €330,456 | +€57,729 | +21.2% |
| Taxes | 450/3 | €272,727 | €330,456 | +€57,729 | +21.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €85 | €342 | +€257 | +302% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€32 | +2.9% |
| Gross operating margin | 9900 | -€85 | €26,257 | +€26,342 | |
| Operating profit (loss) | 9901 | -€1,179 | €25,131 | +€26,310 | |
| Financial income | 75/76B | €3,003,368 | €579,684 | -€2.4m | -80.7% |
| Recurring financial income | 75 | €3,003,368 | €579,684 | -€2.4m | -80.7% |
| Financial charges | 65/66B | €52 | €10,174 | +€10,122 | +19,465% |
| Recurring financial charges | 65 | €52 | €10,174 | +€10,122 | +19,465% |
| Profit (loss) for the period before taxes | 9903 | €3,002,137 | €594,641 | -€2.4m | -80.2% |
| Income taxes | 67/77 | €272,727 | €63,754 | -€208,973 | -76.6% |
| Profit (loss) for the period | 9904 | €2,729,410 | €530,887 | -€2.2m | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,729,410 | €530,887 | -€2.2m | -80.5% |
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.