J.V.D.H.: 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.D.H.
Largest movements
- Cash -€6,557
down €6,557 (-37.4%), from €17,542 to €10,985
mainly Trade debts (-€9,781)
- Receivables within one year -€492
down €492 (-74.2%), from €663 to €171
- Tangible fixed assets -€403
no longer reported in 2026 (was €403)
- Trade debts -€9,781
down €9,781 (-98.4%), from €9,940 to €159
- Profit (loss) carried forward +€2,329
up €2,329 (+3.2%), from -€73,137 to -€70,808
- Gross operating margin +€4,096
up €4,096, from -€1,108 to €2,988
- Purchases and services -€351
down €351 (-31.7%), from €1,108 to €757
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,608 | €11,156 | -€7,452 | -40.0% |
| Fixed assets | 21/28 | €403 | - | -€403 | |
| Tangible fixed assets | 22/27 | €403 | - | -€403 | |
| Furniture and vehicles | 24 | €403 | - | -€403 | |
| Current assets | 29/58 | €18,205 | €11,156 | -€7,049 | -38.7% |
| Amounts receivable within one year | 40/41 | €663 | €171 | -€492 | -74.2% |
| Other amounts receivable | 41 | €663 | €171 | -€492 | -74.2% |
| Cash at bank and in hand | 54/58 | €17,542 | €10,985 | -€6,557 | -37.4% |
| Total equity and liabilities | 10/49 | €18,608 | €11,156 | -€7,452 | -40.0% |
| Equity | 10/15 | €8,668 | €10,997 | +€2,329 | +26.9% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Capital | 10 | €74,500 | €74,500 | = | 0.0% |
| Issued capital | 100 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €7,305 | €7,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,305 | €7,305 | = | 0.0% |
| Legal reserve | 130 | €7,305 | €7,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,137 | -€70,808 | +€2,329 | +3.2% |
| Amounts payable | 17/49 | €9,940 | €159 | -€9,781 | -98.4% |
| Amounts payable within one year | 42/48 | €9,940 | €159 | -€9,781 | -98.4% |
| Trade debts | 44 | €9,940 | €159 | -€9,781 | -98.4% |
| Suppliers | 440/4 | €9,940 | €159 | -€9,781 | -98.4% |
| Non-recurring operating income | 76A | - | €3,745 | +€3,745 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,108 | €757 | -€351 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €404 | €403 | -€1 | -0.2% |
| Non-recurring operating charges | 66A | - | €196 | +€196 | |
| Gross operating margin | 9900 | -€1,108 | €2,988 | +€4,096 | |
| Operating profit (loss) | 9901 | -€1,512 | €2,389 | +€3,901 | |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,572 | €2,329 | +€3,901 | |
| Profit (loss) for the period | 9904 | -€1,572 | €2,329 | +€3,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,572 | €2,329 | +€3,901 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.