JOVIAL: 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.
JOVIAL
Largest movements
- Receivables within one year +€32,831
up €32,831 (+119.3%), from €27,529 to €60,359
of which Other amounts receivable: +€59,646
- Cash -€8,129
down €8,129 (-26.4%), from €30,756 to €22,627
mainly Receivables within one year (-€32,831) and Deferred charges and accrued income (-€1,115)
- Tangible fixed assets -€7,143
no longer reported in 2024 (was €7,143)
of which Furniture and vehicles: -€6,855
- Deferred charges and accrued income +€1,115
new in 2024: €1,115
- Profit (loss) carried forward +€12,582
up €12,582 (+50.0%), from €25,168 to €37,750
- Tax, wage and social debts +€6,274
up €6,274 (+114.1%), from €5,499 to €11,773
of which Taxes: +€7,417
- Gross operating margin -€7,987
down €7,987 (-20.3%), from €39,418 to €31,431
- Staff costs -€4,182
down €4,182 (-34.9%), from €11,995 to €7,813
- Financial income +€2,485
new in 2024: €2,485
- Depreciation -€1,983
down €1,983 (-22.4%), from €8,838 to €6,855
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,428 | €84,102 | +€18,674 | +28.5% |
| Fixed assets | 21/28 | €7,143 | - | -€7,143 | |
| Tangible fixed assets | 22/27 | €7,143 | - | -€7,143 | |
| Plant, machinery and equipment | 23 | €289 | - | -€289 | |
| Furniture and vehicles | 24 | €6,855 | - | -€6,855 | |
| Current assets | 29/58 | €58,285 | €84,102 | +€25,817 | +44.3% |
| Amounts receivable within one year | 40/41 | €27,529 | €60,359 | +€32,831 | +119.3% |
| Trade receivables | 40 | €26,815 | - | -€26,815 | |
| Other amounts receivable | 41 | €713 | €60,359 | +€59,646 | +8362.9% |
| Cash at bank and in hand | 54/58 | €30,756 | €22,627 | -€8,129 | -26.4% |
| Deferred charges and accrued income | 490/1 | - | €1,115 | +€1,115 | |
| Total equity and liabilities | 10/49 | €65,428 | €84,102 | +€18,674 | +28.5% |
| Equity | 10/15 | €57,424 | €70,006 | +€12,582 | +21.9% |
| Contributions | 10/11 | €15,892 | €15,892 | = | 0.0% |
| Contributions outside capital | 11 | €15,892 | €15,892 | = | 0.0% |
| Other | 1109/19 | €15,892 | €15,892 | = | 0.0% |
| Reserves | 13 | €16,363 | €16,363 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €14,503 | €14,503 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,168 | €37,750 | +€12,582 | +50.0% |
| Amounts payable | 17/49 | €8,004 | €14,096 | +€6,092 | +76.1% |
| Amounts payable within one year | 42/48 | €8,004 | €14,096 | +€6,092 | +76.1% |
| Trade debts | 44 | €2,505 | €2,323 | -€182 | -7.3% |
| Suppliers | 440/4 | €2,505 | €2,323 | -€182 | -7.3% |
| Taxes, remuneration and social security | 45 | €5,499 | €11,773 | +€6,274 | +114.1% |
| Taxes | 450/3 | €4,194 | €11,610 | +€7,417 | +176.8% |
| Remuneration and social security | 454/9 | €1,305 | €163 | -€1,143 | -87.5% |
| Remuneration, social security and pensions | 62 | €11,995 | €7,813 | -€4,182 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,838 | €6,855 | -€1,983 | -22.4% |
| Other operating charges | 640/8 | €1,810 | €2,000 | +€191 | +10.5% |
| Non-recurring operating charges | 66A | - | €289 | +€289 | |
| Gross operating margin | 9900 | €39,418 | €31,431 | -€7,987 | -20.3% |
| Operating profit (loss) | 9901 | €16,776 | €14,475 | -€2,301 | -13.7% |
| Financial income | 75/76B | - | €2,485 | +€2,485 | |
| Recurring financial income | 75 | - | €2,485 | +€2,485 | |
| Financial charges | 65/66B | - | €184 | +€184 | |
| Recurring financial charges | 65 | - | €184 | +€184 | |
| Profit (loss) for the period before taxes | 9903 | €16,776 | €16,776 | = | 0.0% |
| Income taxes | 67/77 | €4,194 | €4,194 | = | 0.0% |
| Profit (loss) for the period | 9904 | €12,582 | €12,582 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,582 | €12,582 | = | 0.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.