JOVITRA: 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.
What changed
JOVITRA
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,115
2024 · €11,320+€795
Equity
€134,876
2024 · €135,971-€1,094
Cash
€180,745
2024 · €163,897+€16,848
Balance sheet total
€228,212
2024 · €220,718+€7,494
Largest movements
Assets
- Cash +€16,848
up €16,848 (+10.3%), from €163,897 to €180,745
mainly Other debts (+€14,114) and Net result for the year (+€12,115)
- Tangible fixed assets -€7,606
down €7,606 (-48.6%), from €15,660 to €8,054
Equity and liabilities
- Other debts +€14,114
up €14,114 (+43.4%), from €32,493 to €46,607
- Debts after one year -€6,366
down €6,366 (-100%), from €6,366 to €0
Income statement
- Depreciation -€8,359
down €8,359 (-49.1%), from €17,022 to €8,663
- Gross operating margin -€6,904
down €6,904 (-17.6%), from €39,168 to €32,264
- Other operating charges +€535
up €535 (+9.5%), from €5,624 to €6,159
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.
Result 2024
€11,320
Gross operating margin
-€6,904
Depreciation
+€8,359
Other operating charges
-€535
Financial income
+€0
Financial charges
+€149
Taxes
-€274
Result 2025
€12,115
raises the resultlowers the result
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.
From operations
+€38,656
Investment
-€1,057
Financing
-€20,751
Cash 2024
€163,897
From operations (derived)
+€38,656
Net result for the year
+€12,115
Depreciation
+€8,663
Stocks and contracts
-€200
Receivables within one year
+€1,949
Trade debts
+€1,984
Tax, wage and social debts
+€1,646
Other debts
+€14,114
Accrued charges and deferred income
-€1,614
Investment (derived)
-€1,057
Investment in fixed assets (net)
-€1,057
Financing
-€20,751
Debts after one year
-€6,366
Current portion of long-term debt
-€1,175
Contributions, distributions and other
-€13,210
Cash 2025
€180,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,718 | €228,212 | +€7,494 | +3.4% |
| Fixed assets | 21/28 | €20,942 | €13,336 | -€7,606 | -36.3% |
| Tangible fixed assets | 22/27 | €15,660 | €8,054 | -€7,606 | -48.6% |
| Furniture and vehicles | 24 | €15,660 | €8,054 | -€7,606 | -48.6% |
| Financial fixed assets | 28 | €5,282 | €5,282 | = | 0.0% |
| Current assets | 29/58 | €199,776 | €214,876 | +€15,100 | +7.6% |
| Stocks and contracts in progress | 3 | €800 | €1,000 | +€200 | +25.0% |
| Stocks | 30/36 | €800 | €1,000 | +€200 | +25.0% |
| Amounts receivable within one year | 40/41 | €35,080 | €33,131 | -€1,949 | -5.6% |
| Trade receivables | 40 | €35,076 | €33,131 | -€1,945 | -5.5% |
| Other amounts receivable | 41 | €3 | €0 | -€3 | -100% |
| Cash at bank and in hand | 54/58 | €163,897 | €180,745 | +€16,848 | +10.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €220,718 | €228,212 | +€7,494 | +3.4% |
| Equity | 10/15 | €135,971 | €134,876 | -€1,094 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,371 | €116,276 | -€1,094 | -0.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,350 | €2,350 | = | 0.0% |
| Distributable reserves | 133 | €115,021 | €113,926 | -€1,094 | -1.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €29,000 | €29,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €29,000 | €29,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €29,000 | €29,000 | = | 0.0% |
| Amounts payable | 17/49 | €55,748 | €64,335 | +€8,588 | +15.4% |
| Amounts payable after more than one year | 17 | €6,366 | €0 | -€6,366 | -100% |
| Financial debts | 170/4 | €6,366 | €0 | -€6,366 | -100% |
| Amounts payable within one year | 42/48 | €47,714 | €64,282 | +€16,568 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €7,541 | €6,366 | -€1,175 | -15.6% |
| Trade debts | 44 | €772 | €2,756 | +€1,984 | +257% |
| Suppliers | 440/4 | €772 | €2,756 | +€1,984 | +257% |
| Taxes, remuneration and social security | 45 | €6,907 | €8,552 | +€1,646 | +23.8% |
| Taxes | 450/3 | €4,425 | €6,070 | +€1,646 | +37.2% |
| Remuneration and social security | 454/9 | €2,482 | €2,482 | = | 0.0% |
| Other amounts payable | 47/48 | €32,493 | €46,607 | +€14,114 | +43.4% |
| Accrued charges and deferred income | 492/3 | €1,668 | €53 | -€1,614 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,022 | €8,663 | -€8,359 | -49.1% |
| Other operating charges | 640/8 | €5,624 | €6,159 | +€535 | +9.5% |
| Gross operating margin | 9900 | €39,168 | €32,264 | -€6,904 | -17.6% |
| Operating profit (loss) | 9901 | €16,522 | €17,442 | +€920 | +5.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €705 | €556 | -€149 | -21.1% |
| Recurring financial charges | 65 | €705 | €556 | -€149 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €15,817 | €16,886 | +€1,069 | +6.8% |
| Income taxes | 67/77 | €4,497 | €4,770 | +€274 | +6.1% |
| Profit (loss) for the period | 9904 | €11,320 | €12,115 | +€795 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,320 | €12,115 | +€795 | +7.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.