JOVOGRO: 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.
JOVOGRO
Largest movements
- Receivables within one year +€5,711
up €5,711 (+1,267%), from €451 to €6,162
of which Trade receivables: +€6,162
- Tangible fixed assets -€3,287
down €3,287 (-54.0%), from €6,085 to €2,799
- Cash +€1,271
up €1,271 (+42.8%), from €2,971 to €4,242
mainly Other debts (+€5,227) and Depreciation (+€3,287)
- Profit (loss) carried forward -€5,942
down €5,942 (-76.0%), from -€7,817 to -€13,759
- Other debts +€5,227
up €5,227 (+62.3%), from €8,389 to €13,616
- Trade debts +€2,596
up €2,596 (+37.4%), from €6,935 to €9,531
- Tax, wage and social debts +€1,853
new in 2025: €1,853
- Purchases and services -€27,109
no longer reported in 2025 (was €27,109)
- Turnover -€8,005
no longer reported in 2025 (was €8,005)
- Gross operating margin +€3,420
up €3,420 (+80.4%), from -€4,253 to -€833
- Other operating charges -€319
down €319 (-16.2%), from €1,974 to €1,655
- Depreciation +€275
up €275 (+9.1%), from €3,012 to €3,287
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 | €9,507 | €13,242 | +€3,734 | +39.3% |
| Fixed assets | 21/28 | €6,085 | €2,799 | -€3,287 | -54.0% |
| Tangible fixed assets | 22/27 | €6,085 | €2,799 | -€3,287 | -54.0% |
| Furniture and vehicles | 24 | €6,085 | €2,799 | -€3,287 | -54.0% |
| Current assets | 29/58 | €3,422 | €10,443 | +€7,021 | +205% |
| Amounts receivable within one year | 40/41 | €451 | €6,162 | +€5,711 | +1,267% |
| Trade receivables | 40 | - | €6,162 | +€6,162 | |
| Other amounts receivable | 41 | €451 | €0 | -€451 | -100% |
| Cash at bank and in hand | 54/58 | €2,971 | €4,242 | +€1,271 | +42.8% |
| Deferred charges and accrued income | 490/1 | - | €39 | +€39 | |
| Total equity and liabilities | 10/49 | €9,507 | €13,242 | +€3,734 | +39.3% |
| Equity | 10/15 | -€5,817 | -€11,759 | -€5,942 | -102% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,817 | -€13,759 | -€5,942 | -76.0% |
| Amounts payable | 17/49 | €15,324 | €25,000 | +€9,676 | +63.1% |
| Amounts payable within one year | 42/48 | €15,324 | €25,000 | +€9,676 | +63.1% |
| Trade debts | 44 | €6,935 | €9,531 | +€2,596 | +37.4% |
| Suppliers | 440/4 | €6,935 | €9,531 | +€2,596 | +37.4% |
| Taxes, remuneration and social security | 45 | - | €1,853 | +€1,853 | |
| Taxes | 450/3 | - | €1,853 | +€1,853 | |
| Other amounts payable | 47/48 | €8,389 | €13,616 | +€5,227 | +62.3% |
| Turnover | 70 | €8,005 | - | -€8,005 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,109 | - | -€27,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,012 | €3,287 | +€275 | +9.1% |
| Other operating charges | 640/8 | €1,974 | €1,655 | -€319 | -16.2% |
| Gross operating margin | 9900 | -€4,253 | -€833 | +€3,420 | +80.4% |
| Operating profit (loss) | 9901 | -€9,238 | -€5,774 | +€3,464 | +37.5% |
| Financial charges | 65/66B | €141 | €168 | +€27 | +19.3% |
| Recurring financial charges | 65 | €141 | €168 | +€27 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,379 | -€5,942 | +€3,437 | +36.6% |
| Profit (loss) for the period | 9904 | -€9,379 | -€5,942 | +€3,437 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,379 | -€5,942 | +€3,437 | +36.6% |
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 13 October 2026 via checked.be.