J & V SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year +€17,419
up €17,419 (+50.2%), from €34,711 to €52,130
of which Other amounts receivable: +€16,128
- Cash +€5,630
up €5,630 (+11.6%), from €48,583 to €54,212
mainly Other debts (+€95,978) and Net result for the year (+€60,685)
- Other debts +€95,978
up €95,978 (+86.8%), from €110,522 to €206,500
- Reserves -€39,315
down €39,315 (-18.7%), from €210,280 to €170,966
- Debts after one year -€20,224
down €20,224 (-23.2%), from €87,265 to €67,041
- Current portion of long-term debt -€17,016
down €17,016 (-40.1%), from €42,409 to €25,392
- Tax, wage and social debts +€11,297
up €11,297 (+155%), from €7,281 to €18,578
- Gross operating margin +€6,781
up €6,781 (+7.1%), from €95,149 to €101,931
- Financial charges -€2,399
down €2,399 (-16.4%), from €14,590 to €12,191
- Taxes +€1,832
up €1,832 (+9.1%), from €20,070 to €21,902
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 | €497,574 | €516,130 | +€18,556 | +3.7% |
| Fixed assets | 21/28 | €412,608 | €408,939 | -€3,670 | -0.9% |
| Tangible fixed assets | 22/27 | €66,108 | €62,439 | -€3,670 | -5.6% |
| Land and buildings | 22 | €57,326 | €54,590 | -€2,736 | -4.8% |
| Plant, machinery and equipment | 23 | €3,401 | €2,426 | -€975 | -28.7% |
| Furniture and vehicles | 24 | €2,834 | €1,417 | -€1,417 | -50.0% |
| Other tangible fixed assets | 26 | €2,547 | €4,005 | +€1,458 | +57.3% |
| Financial fixed assets | 28 | €346,500 | €346,500 | = | 0.0% |
| Current assets | 29/58 | €84,966 | €107,191 | +€22,225 | +26.2% |
| Amounts receivable within one year | 40/41 | €34,711 | €52,130 | +€17,419 | +50.2% |
| Trade receivables | 40 | €19,782 | €21,073 | +€1,291 | +6.5% |
| Other amounts receivable | 41 | €14,930 | €31,057 | +€16,128 | +108% |
| Cash at bank and in hand | 54/58 | €48,583 | €54,212 | +€5,630 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,672 | €848 | -€823 | -49.3% |
| Total equity and liabilities | 10/49 | €497,574 | €516,130 | +€18,556 | +3.7% |
| Equity | 10/15 | €228,880 | €189,566 | -€39,315 | -17.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,280 | €170,966 | -€39,315 | -18.7% |
| Distributable reserves | 133 | €210,280 | €170,966 | -€39,315 | -18.7% |
| Amounts payable | 17/49 | €268,694 | €326,564 | +€57,870 | +21.5% |
| Amounts payable after more than one year | 17 | €87,265 | €67,041 | -€20,224 | -23.2% |
| Financial debts | 170/4 | €87,265 | €67,041 | -€20,224 | -23.2% |
| Amounts payable within one year | 42/48 | €164,899 | €251,983 | +€87,084 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €42,409 | €25,392 | -€17,016 | -40.1% |
| Trade debts | 44 | €4,689 | €1,513 | -€3,175 | -67.7% |
| Suppliers | 440/4 | €4,689 | €1,513 | -€3,175 | -67.7% |
| Taxes, remuneration and social security | 45 | €7,281 | €18,578 | +€11,297 | +155% |
| Taxes | 450/3 | €7,281 | €18,578 | +€11,297 | +155% |
| Other amounts payable | 47/48 | €110,522 | €206,500 | +€95,978 | +86.8% |
| Accrued charges and deferred income | 492/3 | €16,529 | €7,540 | -€8,989 | -54.4% |
| Non-recurring operating income | 76A | - | €6,335 | +€6,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,895 | €6,075 | +€180 | +3.0% |
| Other operating charges | 640/8 | €2,290 | €1,501 | -€789 | -34.5% |
| Gross operating margin | 9900 | €95,149 | €101,931 | +€6,781 | +7.1% |
| Operating profit (loss) | 9901 | €86,964 | €94,355 | +€7,391 | +8.5% |
| Financial income | 75/76B | €12 | €423 | +€411 | +3,463% |
| Recurring financial income | 75 | €12 | €423 | +€411 | +3,463% |
| Financial charges | 65/66B | €14,590 | €12,191 | -€2,399 | -16.4% |
| Recurring financial charges | 65 | €14,590 | €12,191 | -€2,399 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €72,387 | €82,588 | +€10,201 | +14.1% |
| Income taxes | 67/77 | €20,070 | €21,902 | +€1,832 | +9.1% |
| Profit (loss) for the period | 9904 | €52,316 | €60,685 | +€8,369 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,316 | €60,685 | +€8,369 | +16.0% |
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 24 October 2026 via checked.be.