J.V.V.C.: 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.V.C.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€129,839
up €129,839 (+11.2%), from €1.2m to €1.3m
- Profit (loss) carried forward -€106,672
down €106,672 (-23.3%), from -€458,480 to -€565,152
- Debts after one year -€34,751
no longer reported in 2025 (was €34,751)
- Taxes +€104,319
up €104,319 (+347,730%), from €30 to €104,349
- Purchases and services +€42,888
new in 2025: €42,888
- Gross operating margin +€17,775
up €17,775 (+79.6%), from €22,320 to €40,095
- Other operating charges -€6,697
down €6,697 (-51.8%), from €12,919 to €6,222
- Turnover +€6,000
new in 2025: €6,000
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 | €2,856,556 | €2,822,316 | -€34,240 | -1.2% |
| Fixed assets | 21/28 | €2,840,677 | €2,816,546 | -€24,131 | -0.8% |
| Tangible fixed assets | 22/27 | €2,840,677 | €2,816,546 | -€24,131 | -0.8% |
| Land and buildings | 22 | €2,186,983 | €2,186,983 | = | 0.0% |
| Plant, machinery and equipment | 23 | €167,943 | €151,907 | -€16,036 | -9.5% |
| Furniture and vehicles | 24 | €46,582 | €46,493 | -€89 | -0.2% |
| Other tangible fixed assets | 26 | €439,169 | €431,163 | -€8,006 | -1.8% |
| Current assets | 29/58 | €15,879 | €5,770 | -€10,109 | -63.7% |
| Current investments | 50/53 | - | €4,390 | +€4,390 | |
| Cash at bank and in hand | 54/58 | €15,879 | €1,380 | -€14,499 | -91.3% |
| Total equity and liabilities | 10/49 | €2,856,556 | €2,822,316 | -€34,240 | -1.2% |
| Equity | 10/15 | €1,590,754 | €1,484,082 | -€106,672 | -6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,984,135 | €1,984,135 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€458,480 | -€565,152 | -€106,672 | -23.3% |
| Amounts payable | 17/49 | €1,265,802 | €1,338,234 | +€72,432 | +5.7% |
| Amounts payable after more than one year | 17 | €34,751 | - | -€34,751 | |
| Financial debts | 170/4 | €34,751 | - | -€34,751 | |
| Amounts payable within one year | 42/48 | €1,231,051 | €1,338,234 | +€107,183 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €56,845 | €33,771 | -€23,074 | -40.6% |
| Trade debts | 44 | €16,854 | €17,272 | +€418 | +2.5% |
| Suppliers | 440/4 | €16,854 | €17,272 | +€418 | +2.5% |
| Taxes, remuneration and social security | 45 | €371 | €371 | = | 0.0% |
| Taxes | 450/3 | €371 | €371 | = | 0.0% |
| Other amounts payable | 47/48 | €1,156,981 | €1,286,820 | +€129,839 | +11.2% |
| Turnover | 70 | - | €6,000 | +€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €42,888 | +€42,888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,895 | €33,895 | = | 0.0% |
| Other operating charges | 640/8 | €12,919 | €6,222 | -€6,697 | -51.8% |
| Gross operating margin | 9900 | €22,320 | €40,095 | +€17,775 | +79.6% |
| Operating profit (loss) | 9901 | -€24,494 | -€22 | +€24,472 | +99.9% |
| Financial income | 75/76B | €100 | €75 | -€25 | -25.0% |
| Recurring financial income | 75 | €100 | €75 | -€25 | -25.0% |
| Financial charges | 65/66B | €3,677 | €2,376 | -€1,301 | -35.4% |
| Recurring financial charges | 65 | €3,677 | €2,376 | -€1,301 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,071 | -€2,323 | +€25,748 | +91.7% |
| Income taxes | 67/77 | €30 | €104,349 | +€104,319 | +347,730% |
| Profit (loss) for the period | 9904 | -€28,101 | -€106,672 | -€78,571 | -280% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,101 | -€106,672 | -€78,571 | -280% |
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 30 October 2026 via checked.be.