J.V.E. HOLDING: 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.E. HOLDING
Largest movements
- Receivables within one year -€63,507
no longer reported in 2025 (was €63,507)
of which Trade receivables: -€45,950
- Cash -€14,866
down €14,866 (-63.4%), from €23,458 to €8,592
mainly Other debts (-€132,937) and Current portion of long-term debt (-€12,519)
- Tangible fixed assets -€13,500
down €13,500 (-33.3%), from €40,500 to €27,000
- Other debts -€132,937
down €132,937 (-86.8%), from €153,183 to €20,246
- Profit (loss) carried forward +€57,064
up €57,064 (+1,851%), from €3,083 to €60,147
- Current portion of long-term debt -€12,519
down €12,519 (-91.5%), from €13,676 to €1,157
- Gross operating margin +€8,059
up €8,059 (+9.2%), from €87,177 to €95,236
- Other operating charges -€3,246
down €3,246 (-73.7%), from €4,408 to €1,161
- Taxes -€2,280
down €2,280 (-9.1%), from €24,943 to €22,663
- Financial charges -€1,097
down €1,097 (-65.7%), from €1,670 to €573
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 | €1,229,796 | €1,137,937 | -€91,859 | -7.5% |
| Fixed assets | 21/28 | €1,140,011 | €1,126,511 | -€13,500 | -1.2% |
| Tangible fixed assets | 22/27 | €40,500 | €27,000 | -€13,500 | -33.3% |
| Furniture and vehicles | 24 | €40,500 | €27,000 | -€13,500 | -33.3% |
| Financial fixed assets | 28 | €1,099,511 | €1,099,511 | = | 0.0% |
| Current assets | 29/58 | €89,785 | €11,426 | -€78,359 | -87.3% |
| Amounts receivable within one year | 40/41 | €63,507 | - | -€63,507 | |
| Trade receivables | 40 | €45,950 | - | -€45,950 | |
| Other amounts receivable | 41 | €17,557 | - | -€17,557 | |
| Cash at bank and in hand | 54/58 | €23,458 | €8,592 | -€14,866 | -63.4% |
| Deferred charges and accrued income | 490/1 | €2,820 | €2,834 | +€14 | +0.5% |
| Total equity and liabilities | 10/49 | €1,229,796 | €1,137,937 | -€91,859 | -7.5% |
| Equity | 10/15 | €1,041,809 | €1,098,873 | +€57,064 | +5.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €938,726 | €938,726 | = | 0.0% |
| Distributable reserves | 133 | €938,726 | €938,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,083 | €60,147 | +€57,064 | +1,851% |
| Amounts payable | 17/49 | €187,987 | €39,064 | -€148,923 | -79.2% |
| Amounts payable after more than one year | 17 | €1,157 | - | -€1,157 | |
| Financial debts | 170/4 | €1,157 | - | -€1,157 | |
| Amounts payable within one year | 42/48 | €185,862 | €39,064 | -€146,798 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €13,676 | €1,157 | -€12,519 | -91.5% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €2,353 | - | -€2,353 | |
| Suppliers | 440/4 | €2,353 | - | -€2,353 | |
| Advances received on contracts in progress | 46 | - | €12,100 | +€12,100 | |
| Taxes, remuneration and social security | 45 | €11,650 | €5,561 | -€6,089 | -52.3% |
| Taxes | 450/3 | €11,650 | €5,561 | -€6,089 | -52.3% |
| Other amounts payable | 47/48 | €153,183 | €20,246 | -€132,937 | -86.8% |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,500 | €13,500 | = | 0.0% |
| Other operating charges | 640/8 | €4,408 | €1,161 | -€3,246 | -73.7% |
| Non-recurring operating charges | 66A | €649 | €275 | -€374 | -57.6% |
| Gross operating margin | 9900 | €87,177 | €95,236 | +€8,059 | +9.2% |
| Operating profit (loss) | 9901 | €68,620 | €80,300 | +€11,680 | +17.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,670 | €573 | -€1,097 | -65.7% |
| Recurring financial charges | 65 | €1,670 | €573 | -€1,097 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €66,950 | €79,727 | +€12,777 | +19.1% |
| Income taxes | 67/77 | €24,943 | €22,663 | -€2,280 | -9.1% |
| Profit (loss) for the period | 9904 | €42,007 | €57,064 | +€15,057 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,007 | €57,064 | +€15,057 | +35.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.