J.V.C. MANAGEMENT: 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.V.C. MANAGEMENT
Largest movements
- Cash -€3,664
down €3,664 (-88.3%), from €4,149 to €485
mainly Net result for the year (-€4,508) and Receivables within one year (-€1,132)
- Receivables within one year +€1,132
up €1,132 (+596%), from €190 to €1,323
of which Trade receivables: +€574
- Profit (loss) carried forward -€4,508
down €4,508 (-3.6%), from -€125,166 to -€129,674
- Other debts +€1,983
up €1,983 (+1.8%), from €108,582 to €110,565
- Gross operating margin -€1,723
down €1,723 (-71.9%), from -€2,395 to -€4,118
- Depreciation -€172
down €172 (-89.3%), from €193 to €21
- Financial charges -€139
down €139 (-45.1%), from €309 to €170
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 | €4,360 | €1,808 | -€2,552 | -58.5% |
| Fixed assets | 21/28 | €21 | - | -€21 | |
| Tangible fixed assets | 22/27 | €21 | - | -€21 | |
| Furniture and vehicles | 24 | €21 | - | -€21 | |
| Current assets | 29/58 | €4,339 | €1,808 | -€2,532 | -58.3% |
| Amounts receivable within one year | 40/41 | €190 | €1,323 | +€1,132 | +596% |
| Trade receivables | 40 | - | €574 | +€574 | |
| Other amounts receivable | 41 | €190 | €749 | +€559 | +294% |
| Cash at bank and in hand | 54/58 | €4,149 | €485 | -€3,664 | -88.3% |
| Total equity and liabilities | 10/49 | €4,360 | €1,808 | -€2,552 | -58.5% |
| Equity | 10/15 | -€104,706 | -€109,214 | -€4,508 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,166 | -€129,674 | -€4,508 | -3.6% |
| Amounts payable | 17/49 | €109,066 | €111,022 | +€1,956 | +1.8% |
| Amounts payable within one year | 42/48 | €109,066 | €111,022 | +€1,956 | +1.8% |
| Trade debts | 44 | €484 | €457 | -€27 | -5.6% |
| Suppliers | 440/4 | €484 | €457 | -€27 | -5.6% |
| Other amounts payable | 47/48 | €108,582 | €110,565 | +€1,983 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €21 | -€172 | -89.3% |
| Other operating charges | 640/8 | €238 | €200 | -€38 | -15.8% |
| Gross operating margin | 9900 | -€2,395 | -€4,118 | -€1,723 | -71.9% |
| Operating profit (loss) | 9901 | -€2,825 | -€4,339 | -€1,514 | -53.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €309 | €170 | -€139 | -45.1% |
| Recurring financial charges | 65 | €309 | €170 | -€139 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,134 | -€4,508 | -€1,375 | -43.9% |
| Profit (loss) for the period | 9904 | -€3,134 | -€4,508 | -€1,375 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,134 | -€4,508 | -€1,375 | -43.9% |
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.