JOVO COM: 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.
JOVO COM
Largest movements
- Current investments -€102,679
down €102,679 (-49.5%), from €207,327 to €104,648
- Receivables after one year +€55,000
up €55,000 (+73.3%), from €75,000 to €130,000
- Cash +€53,173
up €53,173 (+103%), from €51,544 to €104,717
mainly Current investments (+€102,679) and Other debts (+€80,753)
- Receivables within one year -€11,474
down €11,474 (-46.5%), from €24,698 to €13,224
of which Trade receivables: -€10,071
- Deferred charges and accrued income -€4,256
down €4,256 (-65.8%), from €6,470 to €2,214
- Reserves -€89,817
down €89,817 (-34.0%), from €264,396 to €174,579
- Other debts +€80,753
up €80,753 (+129%), from €62,668 to €143,421
- Tax, wage and social debts -€16,139
down €16,139 (-57.6%), from €28,043 to €11,904
of which Remuneration and social security: -€13,800
- Trade debts +€12,771
up €12,771 (+11,141%), from €115 to €12,885
- Gross operating margin +€44,386
up €44,386 (+360%), from €12,322 to €56,708
- Taxes +€11,785
up €11,785 (+152%), from €7,772 to €19,557
- Depreciation -€1,380
down €1,380 (-46.8%), from €2,947 to €1,566
- Financial income -€1,275
down €1,275 (-8.6%), from €14,762 to €13,487
- Other operating charges +€657
up €657 (+46.2%), from €1,422 to €2,080
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 | €368,081 | €356,518 | -€11,563 | -3.1% |
| Fixed assets | 21/28 | €3,042 | €1,715 | -€1,327 | -43.6% |
| Tangible fixed assets | 22/27 | €3,042 | €1,715 | -€1,327 | -43.6% |
| Furniture and vehicles | 24 | €3,042 | €1,715 | -€1,327 | -43.6% |
| Current assets | 29/58 | €365,039 | €354,803 | -€10,236 | -2.8% |
| Amounts receivable after more than one year | 29 | €75,000 | €130,000 | +€55,000 | +73.3% |
| Other amounts receivable | 291 | €75,000 | €130,000 | +€55,000 | +73.3% |
| Amounts receivable within one year | 40/41 | €24,698 | €13,224 | -€11,474 | -46.5% |
| Trade receivables | 40 | €21,369 | €11,298 | -€10,071 | -47.1% |
| Other amounts receivable | 41 | €3,329 | €1,926 | -€1,403 | -42.1% |
| Current investments | 50/53 | €207,327 | €104,648 | -€102,679 | -49.5% |
| Cash at bank and in hand | 54/58 | €51,544 | €104,717 | +€53,173 | +103% |
| Deferred charges and accrued income | 490/1 | €6,470 | €2,214 | -€4,256 | -65.8% |
| Total equity and liabilities | 10/49 | €368,081 | €356,518 | -€11,563 | -3.1% |
| Equity | 10/15 | €276,796 | €186,979 | -€89,817 | -32.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €264,396 | €174,579 | -€89,817 | -34.0% |
| Distributable reserves | 133 | €264,396 | €174,579 | -€89,817 | -34.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,285 | €169,539 | +€78,255 | +85.7% |
| Amounts payable within one year | 42/48 | €90,826 | €169,539 | +€78,714 | +86.7% |
| Financial debts | 43 | - | €1,329 | +€1,329 | |
| Credit institutions | 430/8 | - | €1,329 | +€1,329 | |
| Trade debts | 44 | €115 | €12,885 | +€12,771 | +11,141% |
| Suppliers | 440/4 | €115 | €12,885 | +€12,771 | +11,141% |
| Taxes, remuneration and social security | 45 | €28,043 | €11,904 | -€16,139 | -57.6% |
| Taxes | 450/3 | €11,693 | €9,354 | -€2,339 | -20.0% |
| Remuneration and social security | 454/9 | €16,350 | €2,550 | -€13,800 | -84.4% |
| Other amounts payable | 47/48 | €62,668 | €143,421 | +€80,753 | +129% |
| Accrued charges and deferred income | 492/3 | €459 | €0 | -€459 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,947 | €1,566 | -€1,380 | -46.8% |
| Other operating charges | 640/8 | €1,422 | €2,080 | +€657 | +46.2% |
| Gross operating margin | 9900 | €12,322 | €56,708 | +€44,386 | +360% |
| Operating profit (loss) | 9901 | €7,953 | €53,062 | +€45,108 | +567% |
| Financial income | 75/76B | €14,762 | €13,487 | -€1,275 | -8.6% |
| Recurring financial income | 75 | €14,762 | €13,487 | -€1,275 | -8.6% |
| Financial charges | 65/66B | €373 | €310 | -€63 | -17.0% |
| Recurring financial charges | 65 | €373 | €310 | -€63 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €22,343 | €66,239 | +€43,897 | +196% |
| Income taxes | 67/77 | €7,772 | €19,557 | +€11,785 | +152% |
| Profit (loss) for the period | 9904 | €14,571 | €46,683 | +€32,112 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €14,571 | €46,683 | +€32,112 | +220% |
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 28 October 2026 via checked.be.