Jovycon: what changed
Two fiscal 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.
Jovycon
Largest movements
- Cash -€107,873
down €107,873 (-33.8%), from €318,843 to €210,970
mainly Contributions, distributions and other (-€295,359) and Tax, wage and social debts (-€25,868)
- Receivables within one year +€13,193
up €13,193 (+15173.5%), from €87 to €13,280
of which Trade receivables: +€12,497
- Reserves -€270,403
down €270,403 (-100.0%), from €270,403 to €0
- Other debts +€201,392
up €201,392 (+320382.4%), from €63 to €201,455
- Tax, wage and social debts -€25,868
down €25,868 (-51.5%), from €50,269 to €24,401
of which Taxes: -€25,992
- Gross operating margin -€91,359
down €91,359 (-73.2%), from €124,751 to €33,392
- Taxes -€19,079
down €19,079 (-72.2%), from €26,442 to €7,364
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.
Cash bridge derived
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 | €322,735 | €227,857 | -€94,878 | -29.4% |
| Fixed assets | 21/28 | €2,295 | €2,008 | -€287 | -12.5% |
| Tangible fixed assets | 22/27 | €2,295 | €2,008 | -€287 | -12.5% |
| Plant, machinery and equipment | 23 | €1,295 | €1,008 | -€287 | -22.2% |
| Furniture and vehicles | 24 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €320,440 | €225,849 | -€94,591 | -29.5% |
| Amounts receivable within one year | 40/41 | €87 | €13,280 | +€13,193 | +15173.5% |
| Trade receivables | 40 | €87 | €12,584 | +€12,497 | +14372.7% |
| Other amounts receivable | 41 | - | €696 | +€696 | |
| Cash at bank and in hand | 54/58 | €318,843 | €210,970 | -€107,873 | -33.8% |
| Deferred charges and accrued income | 490/1 | €1,509 | €1,599 | +€89 | +5.9% |
| Total equity and liabilities | 10/49 | €322,735 | €227,857 | -€94,878 | -29.4% |
| Equity | 10/15 | €272,403 | €2,000 | -€270,403 | -99.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €270,403 | €0 | -€270,403 | -100.0% |
| Distributable reserves | 133 | €270,403 | €0 | -€270,403 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,332 | €225,857 | +€175,525 | +348.7% |
| Amounts payable within one year | 42/48 | €50,332 | €225,857 | +€175,525 | +348.7% |
| Taxes, remuneration and social security | 45 | €50,269 | €24,401 | -€25,868 | -51.5% |
| Taxes | 450/3 | €48,269 | €22,277 | -€25,992 | -53.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,124 | +€124 | +6.2% |
| Other amounts payable | 47/48 | €63 | €201,455 | +€201,392 | +320382.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €287 | +€145 | +102.2% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €124,751 | €33,392 | -€91,359 | -73.2% |
| Operating profit (loss) | 9901 | €124,158 | €32,639 | -€91,519 | -73.7% |
| Financial income | 75/76B | €208 | €200 | -€8 | -3.7% |
| Recurring financial income | 75 | €208 | €200 | -€8 | -3.7% |
| Financial charges | 65/66B | €754 | €519 | -€235 | -31.2% |
| Recurring financial charges | 65 | €754 | €519 | -€235 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €123,612 | €32,320 | -€91,292 | -73.9% |
| Income taxes | 67/77 | €26,442 | €7,364 | -€19,079 | -72.2% |
| Profit (loss) for the period | 9904 | €97,170 | €24,957 | -€72,213 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,170 | €24,957 | -€72,213 | -74.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.