J.V. 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. Management
Largest movements
- Tangible fixed assets -€14,731
down €14,731 (-9.2%), from €159,787 to €145,056
of which Land and buildings: -€14,501
- Receivables within one year -€9,978
down €9,978 (-29.0%), from €34,412 to €24,434
of which Trade receivables: -€9,978
- Debts after one year -€38,522
down €38,522 (-44.1%), from €87,378 to €48,855
- Profit (loss) carried forward +€11,076
up €11,076 (+43.8%), from €25,270 to €36,346
- Other debts +€4,335
up €4,335 (+36.6%), from €11,846 to €16,181
- Tax, wage and social debts -€1,996
down €1,996 (-17.5%), from €11,387 to €9,391
of which Remuneration and social security: -€2,190
- Gross operating margin +€4,762
up €4,762 (+13.7%), from €34,679 to €39,441
- Other operating charges +€4,044
up €4,044 (+805%), from €502 to €4,546
- Financial charges -€648
down €648 (-11.6%), from €5,570 to €4,922
- Depreciation -€517
down €517 (-3.4%), from €15,248 to €14,731
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 | €194,504 | €171,513 | -€22,991 | -11.8% |
| Fixed assets | 21/28 | €159,787 | €145,056 | -€14,731 | -9.2% |
| Tangible fixed assets | 22/27 | €159,787 | €145,056 | -€14,731 | -9.2% |
| Land and buildings | 22 | €159,557 | €145,056 | -€14,501 | -9.1% |
| Furniture and vehicles | 24 | €230 | €0 | -€230 | -100% |
| Current assets | 29/58 | €34,717 | €26,457 | -€8,260 | -23.8% |
| Amounts receivable within one year | 40/41 | €34,412 | €24,434 | -€9,978 | -29.0% |
| Trade receivables | 40 | €34,412 | €24,434 | -€9,978 | -29.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €305 | €288 | -€17 | -5.6% |
| Deferred charges and accrued income | 490/1 | - | €1,735 | +€1,735 | |
| Total equity and liabilities | 10/49 | €194,504 | €171,513 | -€22,991 | -11.8% |
| Equity | 10/15 | €44,370 | €55,446 | +€11,076 | +25.0% |
| Contributions | 10/11 | €19,100 | €19,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,270 | €36,346 | +€11,076 | +43.8% |
| Amounts payable | 17/49 | €150,134 | €116,067 | -€34,067 | -22.7% |
| Amounts payable after more than one year | 17 | €87,378 | €48,855 | -€38,522 | -44.1% |
| Financial debts | 170/4 | €87,378 | €48,855 | -€38,522 | -44.1% |
| Amounts payable within one year | 42/48 | €62,756 | €67,211 | +€4,455 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €37,180 | €38,522 | +€1,343 | +3.6% |
| Financial debts | 43 | €885 | €579 | -€306 | -34.6% |
| Credit institutions | 430/8 | €885 | €579 | -€306 | -34.6% |
| Trade debts | 44 | €1,458 | €2,538 | +€1,080 | +74.0% |
| Suppliers | 440/4 | €1,458 | €2,538 | +€1,080 | +74.0% |
| Taxes, remuneration and social security | 45 | €11,387 | €9,391 | -€1,996 | -17.5% |
| Taxes | 450/3 | €9,198 | €9,391 | +€193 | +2.1% |
| Remuneration and social security | 454/9 | €2,190 | €0 | -€2,190 | -100% |
| Other amounts payable | 47/48 | €11,846 | €16,181 | +€4,335 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,248 | €14,731 | -€517 | -3.4% |
| Other operating charges | 640/8 | €502 | €4,546 | +€4,044 | +805% |
| Gross operating margin | 9900 | €34,679 | €39,441 | +€4,762 | +13.7% |
| Operating profit (loss) | 9901 | €18,929 | €20,164 | +€1,235 | +6.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €5,570 | €4,922 | -€648 | -11.6% |
| Recurring financial charges | 65 | €5,570 | €4,922 | -€648 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €13,359 | €15,241 | +€1,882 | +14.1% |
| Income taxes | 67/77 | €3,810 | €4,165 | +€355 | +9.3% |
| Profit (loss) for the period | 9904 | €9,549 | €11,076 | +€1,527 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,549 | €11,076 | +€1,527 | +16.0% |
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 14 October 2026 via checked.be.