J.L.V. IMPRESSION: 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.
J.L.V. IMPRESSION
Largest movements
- Receivables within one year -€6,571
down €6,571 (-3.6%), from €183,164 to €176,593
of which Trade receivables: -€8,509
- Tangible fixed assets -€4,628
down €4,628 (-63.8%), from €7,256 to €2,628
of which Land and buildings: -€4,628
- Profit (loss) carried forward -€12,226
down €12,226 (-302%), from -€4,055 to -€16,281
- Short-term financial debts +€6,612
up €6,612 (+54.9%), from €12,042 to €18,654
- Trade debts -€5,885
down €5,885 (-45.4%), from €12,955 to €7,070
- Gross operating margin -€19,012
down €19,012, from €14,382 to -€4,630
- Other operating charges +€8,124
up €8,124 (+629%), from €1,291 to €9,415
- Financial income -€1,933
down €1,933 (-19.1%), from €10,101 to €8,168
- Taxes -€1,693
no longer reported in 2025 (was €1,693)
- Financial charges -€207
down €207 (-10.7%), from €1,928 to €1,721
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,344 | €180,194 | -€11,149 | -5.8% |
| Fixed assets | 21/28 | €7,594 | €2,966 | -€4,628 | -60.9% |
| Tangible fixed assets | 22/27 | €7,256 | €2,628 | -€4,628 | -63.8% |
| Land and buildings | 22 | €7,256 | €2,628 | -€4,628 | -63.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €338 | €338 | = | 0.0% |
| Current assets | 29/58 | €183,749 | €177,228 | -€6,521 | -3.5% |
| Amounts receivable within one year | 40/41 | €183,164 | €176,593 | -€6,571 | -3.6% |
| Trade receivables | 40 | €8,509 | €0 | -€8,509 | -100% |
| Other amounts receivable | 41 | €174,655 | €176,593 | +€1,938 | +1.1% |
| Deferred charges and accrued income | 490/1 | €586 | €635 | +€50 | +8.5% |
| Total equity and liabilities | 10/49 | €191,344 | €180,194 | -€11,149 | -5.8% |
| Equity | 10/15 | €164,653 | €152,427 | -€12,226 | -7.4% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €148,256 | €148,256 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,756 | €1,756 | = | 0.0% |
| Distributable reserves | 133 | €146,500 | €146,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,055 | -€16,281 | -€12,226 | -302% |
| Amounts payable | 17/49 | €26,691 | €27,768 | +€1,077 | +4.0% |
| Amounts payable within one year | 42/48 | €26,691 | €27,768 | +€1,077 | +4.0% |
| Financial debts | 43 | €12,042 | €18,654 | +€6,612 | +54.9% |
| Credit institutions | 430/8 | €12,042 | €18,654 | +€6,612 | +54.9% |
| Trade debts | 44 | €12,955 | €7,070 | -€5,885 | -45.4% |
| Suppliers | 440/4 | €12,955 | €7,070 | -€5,885 | -45.4% |
| Taxes, remuneration and social security | 45 | €1,693 | €2,043 | +€350 | +20.6% |
| Taxes | 450/3 | €1,693 | €2,043 | +€350 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,628 | €4,628 | = | 0.0% |
| Other operating charges | 640/8 | €1,291 | €9,415 | +€8,124 | +629% |
| Gross operating margin | 9900 | €14,382 | -€4,630 | -€19,012 | |
| Operating profit (loss) | 9901 | €8,463 | -€18,673 | -€27,136 | |
| Financial income | 75/76B | €10,101 | €8,168 | -€1,933 | -19.1% |
| Recurring financial income | 75 | €10,101 | €8,168 | -€1,933 | -19.1% |
| Financial charges | 65/66B | €1,928 | €1,721 | -€207 | -10.7% |
| Recurring financial charges | 65 | €1,928 | €1,721 | -€207 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €16,637 | -€12,226 | -€28,863 | |
| Income taxes | 67/77 | €1,693 | - | -€1,693 | |
| Profit (loss) for the period | 9904 | €14,943 | -€12,226 | -€27,169 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,943 | -€12,226 | -€27,169 |
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 18 October 2026 via checked.be.