J.V.DAK: 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.DAK
Largest movements
- Receivables within one year +€45,844
up €45,844 (+41.1%), from €111,611 to €157,455
of which Trade receivables: +€42,453
- Tangible fixed assets -€5,211
down €5,211 (-47.7%), from €10,918 to €5,708
of which Furniture and vehicles: -€4,696
- Cash -€3,559
down €3,559 (-22.1%), from €16,120 to €12,561
mainly Receivables within one year (-€45,844) and Current portion of long-term debt (-€7,570)
- Trade debts +€34,096
up €34,096 (+195%), from €17,464 to €51,560
- Other debts +€8,438
up €8,438 (+149%), from €5,672 to €14,110
- Current portion of long-term debt -€7,570
down €7,570 (-61.0%), from €12,415 to €4,846
- Reserves +€5,087
up €5,087 (+6.1%), from €83,373 to €88,460
- Debts after one year -€4,846
no longer reported in 2025 (was €4,846)
- Gross operating margin +€17,484
up €17,484 (+31.1%), from €56,302 to €73,786
- Staff costs +€7,374
up €7,374 (+17.7%), from €41,610 to €48,984
- Financial income +€1,996
up €1,996 (+277%), from €720 to €2,716
of which Non-recurring financial income: +€1,996
- Financial charges -€1,031
down €1,031 (-31.2%), from €3,307 to €2,276
of which Non-recurring financial charges: -€2,104
- Taxes +€834
up €834 (+40.6%), from €2,053 to €2,887
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 | €140,839 | €177,544 | +€36,705 | +26.1% |
| Fixed assets | 21/28 | €10,918 | €5,708 | -€5,211 | -47.7% |
| Tangible fixed assets | 22/27 | €10,918 | €5,708 | -€5,211 | -47.7% |
| Plant, machinery and equipment | 23 | €1,732 | €1,217 | -€514 | -29.7% |
| Furniture and vehicles | 24 | €9,186 | €4,490 | -€4,696 | -51.1% |
| Current assets | 29/58 | €129,920 | €171,836 | +€41,916 | +32.3% |
| Stocks and contracts in progress | 3 | €1,715 | €1,820 | +€105 | +6.1% |
| Stocks | 30/36 | €1,715 | €1,820 | +€105 | +6.1% |
| Amounts receivable within one year | 40/41 | €111,611 | €157,455 | +€45,844 | +41.1% |
| Trade receivables | 40 | €61,426 | €103,879 | +€42,453 | +69.1% |
| Other amounts receivable | 41 | €50,185 | €53,576 | +€3,391 | +6.8% |
| Cash at bank and in hand | 54/58 | €16,120 | €12,561 | -€3,559 | -22.1% |
| Deferred charges and accrued income | 490/1 | €474 | - | -€474 | |
| Total equity and liabilities | 10/49 | €140,839 | €177,544 | +€36,705 | +26.1% |
| Equity | 10/15 | €94,145 | €99,232 | +€5,087 | +5.4% |
| Contributions | 10/11 | €10,772 | €10,772 | = | 0.0% |
| Reserves | 13 | €83,373 | €88,460 | +€5,087 | +6.1% |
| Distributable reserves | 133 | €83,373 | €88,460 | +€5,087 | +6.1% |
| Amounts payable | 17/49 | €46,694 | €78,312 | +€31,619 | +67.7% |
| Amounts payable after more than one year | 17 | €4,846 | - | -€4,846 | |
| Financial debts | 170/4 | €4,846 | - | -€4,846 | |
| Amounts payable within one year | 42/48 | €40,532 | €76,995 | +€36,463 | +90.0% |
| Current portion of amounts payable after more than one year | 42 | €12,415 | €4,846 | -€7,570 | -61.0% |
| Trade debts | 44 | €17,464 | €51,560 | +€34,096 | +195% |
| Suppliers | 440/4 | €17,464 | €51,560 | +€34,096 | +195% |
| Taxes, remuneration and social security | 45 | €4,981 | €6,480 | +€1,499 | +30.1% |
| Taxes | 450/3 | €4,981 | €5,076 | +€95 | +1.9% |
| Remuneration and social security | 454/9 | - | €1,404 | +€1,404 | |
| Other amounts payable | 47/48 | €5,672 | €14,110 | +€8,438 | +149% |
| Accrued charges and deferred income | 492/3 | €1,316 | €1,317 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €41,610 | €48,984 | +€7,374 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,211 | €5,211 | = | 0.0% |
| Other operating charges | 640/8 | €1,854 | €1,537 | -€316 | -17.1% |
| Non-recurring operating charges | 66A | - | €10,520 | +€10,520 | |
| Gross operating margin | 9900 | €56,302 | €73,786 | +€17,484 | +31.1% |
| Operating profit (loss) | 9901 | €7,628 | €7,534 | -€94 | -1.2% |
| Financial income | 75/76B | €720 | €2,716 | +€1,996 | +277% |
| Recurring financial income | 75 | €720 | €720 | = | 0.0% |
| Non-recurring financial income | 76B | - | €1,996 | +€1,996 | |
| Financial charges | 65/66B | €3,307 | €2,276 | -€1,031 | -31.2% |
| Recurring financial charges | 65 | €1,203 | €2,276 | +€1,073 | +89.1% |
| Non-recurring financial charges | 66B | €2,104 | - | -€2,104 | |
| Profit (loss) for the period before taxes | 9903 | €5,040 | €7,974 | +€2,933 | +58.2% |
| Income taxes | 67/77 | €2,053 | €2,887 | +€834 | +40.6% |
| Profit (loss) for the period | 9904 | €2,987 | €5,087 | +€2,100 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,987 | €5,087 | +€2,100 | +70.3% |
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 22 October 2026 via checked.be.