JOZVOS: 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.
JOZVOS
Largest movements
- Tangible fixed assets -€35,391
down €35,391 (-5.7%), from €620,272 to €584,881
of which Land and buildings: -€32,563
- Debts after one year -€41,783
down €41,783 (-9.2%), from €451,776 to €409,993
- Reserves +€9,743
up €9,743 (+14.6%), from €66,599 to €76,342
- Gross operating margin -€21,376
down €21,376 (-25.8%), from €82,822 to €61,446
- Taxes -€5,492
down €5,492 (-62.8%), from €8,740 to €3,248
- Other operating charges +€1,110
up €1,110 (+36.0%), from €3,082 to €4,191
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 | €622,370 | €591,012 | -€31,359 | -5.0% |
| Fixed assets | 21/28 | €620,272 | €584,881 | -€35,391 | -5.7% |
| Tangible fixed assets | 22/27 | €620,272 | €584,881 | -€35,391 | -5.7% |
| Land and buildings | 22 | €589,807 | €557,243 | -€32,563 | -5.5% |
| Plant, machinery and equipment | 23 | €30,465 | €27,638 | -€2,828 | -9.3% |
| Current assets | 29/58 | €2,098 | €6,131 | +€4,032 | +192.1% |
| Amounts receivable within one year | 40/41 | - | €4,210 | +€4,210 | |
| Other amounts receivable | 41 | - | €4,210 | +€4,210 | |
| Cash at bank and in hand | 54/58 | €1,486 | €1,920 | +€434 | +29.2% |
| Deferred charges and accrued income | 490/1 | €612 | €0 | -€612 | -100.0% |
| Total equity and liabilities | 10/49 | €622,370 | €591,012 | -€31,359 | -5.0% |
| Equity | 10/15 | €80,549 | €90,292 | +€9,743 | +12.1% |
| Contributions | 10/11 | €13,950 | €13,950 | = | 0.0% |
| Reserves | 13 | €66,599 | €76,342 | +€9,743 | +14.6% |
| Distributable reserves | 133 | €66,599 | €76,342 | +€9,743 | +14.6% |
| Amounts payable | 17/49 | €541,821 | €500,719 | -€41,102 | -7.6% |
| Amounts payable after more than one year | 17 | €451,776 | €409,993 | -€41,783 | -9.2% |
| Financial debts | 170/4 | €451,776 | €409,993 | -€41,783 | -9.2% |
| Amounts payable within one year | 42/48 | €88,666 | €89,449 | +€783 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €41,426 | €41,783 | +€357 | +0.9% |
| Trade debts | 44 | €0 | €426 | +€426 | |
| Suppliers | 440/4 | €0 | €426 | +€426 | |
| Taxes, remuneration and social security | 45 | €740 | €740 | = | 0.0% |
| Taxes | 450/3 | €740 | €740 | = | 0.0% |
| Other amounts payable | 47/48 | €46,500 | €46,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,379 | €1,277 | -€102 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,391 | €35,391 | = | 0.0% |
| Other operating charges | 640/8 | €3,082 | €4,191 | +€1,110 | +36.0% |
| Gross operating margin | 9900 | €82,822 | €61,446 | -€21,376 | -25.8% |
| Operating profit (loss) | 9901 | €44,350 | €21,864 | -€22,486 | -50.7% |
| Financial charges | 65/66B | €9,391 | €8,873 | -€518 | -5.5% |
| Recurring financial charges | 65 | €9,391 | €8,873 | -€518 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €34,959 | €12,991 | -€21,968 | -62.8% |
| Income taxes | 67/77 | €8,740 | €3,248 | -€5,492 | -62.8% |
| Profit (loss) for the period | 9904 | €26,219 | €9,743 | -€16,476 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,219 | €9,743 | -€16,476 | -62.8% |
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 2 October 2026 via checked.be.