GROUP J.V.: what changed
GROUP J.V.
Largest movements
- Receivables within one year +€5,904
up €5,904 (+32.1%), from €18,404 to €24,307
- Cash -€2,278
down €2,278 (-47.6%), from €4,782 to €2,504
mainly Receivables within one year (-€5,904) and Provisions (-€4,000)
- Tangible fixed assets +€1,744
new in 2017: €1,744
- Debts within one year +€10,641
up €10,641 (+189%), from €5,628 to €16,269
- Provisions -€4,000
no longer reported in 2017 (was €4,000)
- Profit (loss) carried forward -€1,272
down €1,272 (-15.7%), from -€8,115 to -€9,387
- Gross operating margin -€18,090
down €18,090, from €12,459 to -€5,631
- Taxes -€1,916
down €1,916 (-98.4%), from €1,948 to €32
- Depreciation +€436
new in 2017: €436
Change in the result, 2016 to 2017
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2016 and 2017 balance sheets and the 2017 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,186 | €28,555 | +€5,370 | +23.2% |
| Fixed assets | 21/28 | - | €1,744 | +€1,744 | |
| Tangible fixed assets | 22/27 | - | €1,744 | +€1,744 | |
| Current assets | 29/58 | €23,186 | €26,811 | +€3,625 | +15.6% |
| Amounts receivable within one year | 40/41 | €18,404 | €24,307 | +€5,904 | +32.1% |
| Cash at bank and in hand | 54/58 | €4,782 | €2,504 | -€2,278 | -47.6% |
| Total equity and liabilities | 10/49 | €23,186 | €28,555 | +€5,370 | +23.2% |
| Equity | 10/15 | €13,558 | €12,286 | -€1,272 | -9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,081 | €3,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,115 | -€9,387 | -€1,272 | -15.7% |
| Provisions and deferred taxes | 16 | €4,000 | - | -€4,000 | |
| Amounts payable | 17/49 | €5,628 | €16,269 | +€10,641 | +189% |
| Amounts payable within one year | 42/48 | €5,628 | €16,269 | +€10,641 | +189% |
| Trade debts | 44 | €1,910 | €7,114 | +€5,204 | +272% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €436 | +€436 | |
| Gross operating margin | 9900 | €12,459 | -€5,631 | -€18,090 | |
| Operating profit (loss) | 9901 | €8,204 | -€2,067 | -€10,271 | |
| Recurring financial income | 75 | €876 | €1,002 | +€126 | +14.4% |
| Recurring financial charges | 65 | €558 | €175 | -€383 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €8,522 | -€1,240 | -€9,761 | |
| Income taxes | 67/77 | €1,948 | €32 | -€1,916 | -98.4% |
| Profit (loss) for the period | 9904 | €6,573 | -€1,272 | -€7,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,573 | -€1,272 | -€7,845 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.