J.V. & G.: 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. & G.
Largest movements
- Receivables within one year +€14,617
up €14,617 (+7.0%), from €210,150 to €224,767
- Other debts +€10,031
up €10,031 (+9.2%), from €108,458 to €118,489
- Reserves +€2,806
up €2,806 (+11.7%), from €24,058 to €26,864
of which Distributable reserves: +€2,806
- Other operating charges -€4,523
down €4,523 (-98.6%), from €4,585 to €62
- Taxes +€1,382
new in 2025: €1,382
- Financial income -€184
down €184 (-2.0%), from €9,082 to €8,898
- Financial charges +€96
up €96 (+3.4%), from €2,793 to €2,889
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 | €219,283 | €233,673 | +€14,391 | +6.6% |
| Current assets | 29/58 | €219,283 | €233,673 | +€14,391 | +6.6% |
| Amounts receivable within one year | 40/41 | €210,150 | €224,767 | +€14,617 | +7.0% |
| Other amounts receivable | 41 | €210,150 | €224,767 | +€14,617 | +7.0% |
| Cash at bank and in hand | 54/58 | €51 | €9 | -€42 | -82.9% |
| Deferred charges and accrued income | 490/1 | €9,082 | €8,898 | -€184 | -2.0% |
| Total equity and liabilities | 10/49 | €219,283 | €233,673 | +€14,391 | +6.6% |
| Equity | 10/15 | €108,058 | €110,864 | +€2,806 | +2.6% |
| Contributions | 10/11 | €84,000 | €84,000 | = | 0.0% |
| Reserves | 13 | €24,058 | €26,864 | +€2,806 | +11.7% |
| Non-distributable reserves | 130/1 | €652 | €652 | = | 0.0% |
| Reserves not available under the articles | 1311 | €652 | €652 | = | 0.0% |
| Distributable reserves | 133 | €23,407 | €26,212 | +€2,806 | +12.0% |
| Amounts payable | 17/49 | €111,225 | €122,809 | +€11,585 | +10.4% |
| Amounts payable within one year | 42/48 | €108,628 | €119,945 | +€11,317 | +10.4% |
| Trade debts | 44 | €170 | €74 | -€97 | -56.8% |
| Suppliers | 440/4 | €170 | €74 | -€97 | -56.8% |
| Taxes, remuneration and social security | 45 | - | €1,382 | +€1,382 | |
| Taxes | 450/3 | - | €1,382 | +€1,382 | |
| Other amounts payable | 47/48 | €108,458 | €118,489 | +€10,031 | +9.2% |
| Accrued charges and deferred income | 492/3 | €2,597 | €2,865 | +€268 | +10.3% |
| Other operating charges | 640/8 | €4,585 | €62 | -€4,523 | -98.6% |
| Gross operating margin | 9900 | -€1,762 | -€1,759 | +€3 | +0.2% |
| Operating profit (loss) | 9901 | -€6,347 | -€1,821 | +€4,526 | +71.3% |
| Financial income | 75/76B | €9,082 | €8,898 | -€184 | -2.0% |
| Recurring financial income | 75 | €9,082 | €8,898 | -€184 | -2.0% |
| Financial charges | 65/66B | €2,793 | €2,889 | +€96 | +3.4% |
| Recurring financial charges | 65 | €2,793 | €2,889 | +€96 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€58 | €4,188 | +€4,246 | |
| Income taxes | 67/77 | - | €1,382 | +€1,382 | |
| Profit (loss) for the period | 9904 | -€58 | €2,806 | +€2,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58 | €2,806 | +€2,864 |
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.