JYVALAGO: 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.
JYVALAGO
Largest movements
- Receivables within one year +€24,142
up €24,142 (+14.2%), from €170,233 to €194,375
of which Other amounts receivable: +€46,475
- Tangible fixed assets -€20,583
down €20,583 (-37.0%), from €55,614 to €35,031
of which Leasing and similar rights: -€10,837
- Cash -€8,973
down €8,973 (-75.3%), from €11,920 to €2,947
mainly Receivables within one year (-€24,142) and Debts after one year (-€18,580)
- Debts after one year -€18,580
down €18,580 (-51.9%), from €35,776 to €17,196
- Profit (loss) carried forward +€13,174
up €13,174 (+16.3%), from €80,602 to €93,776
- Trade debts +€12,989
up €12,989 (+15.4%), from €84,203 to €97,192
- Other debts -€5,867
no longer reported in 2025 (was €5,867)
- Tax, wage and social debts -€5,444
down €5,444 (-54.2%), from €10,053 to €4,609
of which Remuneration and social security: -€3,940
- Financial charges +€7,316
up €7,316 (+155%), from €4,729 to €12,046
- Other operating charges +€2,391
up €2,391 (+212%), from €1,126 to €3,517
- Write-downs +€2,336
new in 2025: €2,336
- Depreciation -€2,304
down €2,304 (-9.1%), from €25,354 to €23,050
- Taxes -€1,504
down €1,504 (-24.6%), from €6,113 to €4,609
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 | €237,767 | €232,353 | -€5,414 | -2.3% |
| Fixed assets | 21/28 | €55,614 | €35,031 | -€20,583 | -37.0% |
| Tangible fixed assets | 22/27 | €55,614 | €35,031 | -€20,583 | -37.0% |
| Furniture and vehicles | 24 | €34,368 | €24,622 | -€9,746 | -28.4% |
| Leasing and similar rights | 25 | €21,246 | €10,409 | -€10,837 | -51.0% |
| Current assets | 29/58 | €182,153 | €197,322 | +€15,169 | +8.3% |
| Amounts receivable within one year | 40/41 | €170,233 | €194,375 | +€24,142 | +14.2% |
| Trade receivables | 40 | €156,529 | €134,196 | -€22,333 | -14.3% |
| Other amounts receivable | 41 | €13,704 | €60,179 | +€46,475 | +339% |
| Cash at bank and in hand | 54/58 | €11,920 | €2,947 | -€8,973 | -75.3% |
| Total equity and liabilities | 10/49 | €237,767 | €232,353 | -€5,414 | -2.3% |
| Equity | 10/15 | €81,602 | €94,776 | +€13,174 | +16.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,602 | €93,776 | +€13,174 | +16.3% |
| Amounts payable | 17/49 | €156,165 | €137,577 | -€18,588 | -11.9% |
| Amounts payable after more than one year | 17 | €35,776 | €17,196 | -€18,580 | -51.9% |
| Financial debts | 170/4 | €35,776 | €17,196 | -€18,580 | -51.9% |
| Amounts payable within one year | 42/48 | €120,389 | €120,380 | -€8 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €20,266 | €18,580 | -€1,687 | -8.3% |
| Trade debts | 44 | €84,203 | €97,192 | +€12,989 | +15.4% |
| Suppliers | 440/4 | €84,203 | €97,192 | +€12,989 | +15.4% |
| Taxes, remuneration and social security | 45 | €10,053 | €4,609 | -€5,444 | -54.2% |
| Taxes | 450/3 | €6,113 | €4,609 | -€1,504 | -24.6% |
| Remuneration and social security | 454/9 | €3,940 | - | -€3,940 | |
| Other amounts payable | 47/48 | €5,867 | - | -€5,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,354 | €23,050 | -€2,304 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,336 | +€2,336 | |
| Other operating charges | 640/8 | €1,126 | €3,517 | +€2,391 | +212% |
| Gross operating margin | 9900 | €57,342 | €58,592 | +€1,250 | +2.2% |
| Operating profit (loss) | 9901 | €30,862 | €29,688 | -€1,174 | -3.8% |
| Financial income | 75/76B | €490 | €140 | -€350 | -71.4% |
| Recurring financial income | 75 | €490 | €140 | -€350 | -71.4% |
| Financial charges | 65/66B | €4,729 | €12,046 | +€7,316 | +155% |
| Recurring financial charges | 65 | €4,729 | €12,046 | +€7,316 | +155% |
| Profit (loss) for the period before taxes | 9903 | €26,623 | €17,783 | -€8,840 | -33.2% |
| Income taxes | 67/77 | €6,113 | €4,609 | -€1,504 | -24.6% |
| Profit (loss) for the period | 9904 | €20,510 | €13,174 | -€7,336 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,510 | €13,174 | -€7,336 | -35.8% |
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 21 October 2026 via checked.be.