JAHV: what changed
Two fiscal 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.
JAHV
Largest movements
- Tangible fixed assets +€40,608
up €40,608 (+117.9%), from €34,447 to €75,055
of which Furniture and vehicles: +€55,775
- Receivables within one year +€7,032
up €7,032 (+30.4%), from €23,132 to €30,163
of which Other amounts receivable: +€7,146
- Cash +€5,653
up €5,653 (+33.8%), from €16,748 to €22,400
mainly Debts after one year (+€37,487) and Other debts (+€35,400)
- Debts after one year +€37,487
new in 2025: €37,487
- Other debts +€35,400
new in 2025: €35,400
- Accrued charges and deferred income -€31,507
no longer reported in 2025 (was €31,507)
- Current portion of long-term debt +€17,816
new in 2025: €17,816
- Tax, wage and social debts -€12,856
down €12,856 (-56.6%), from €22,710 to €9,854
of which Remuneration and social security: -€12,000
- Depreciation +€16,065
up €16,065 (+219.5%), from €7,320 to €23,385
- Gross operating margin +€15,182
up €15,182 (+52.2%), from €29,080 to €44,262
- Financial charges +€3,427
up €3,427 (+357.5%), from €959 to €4,386
- Taxes +€2,521
up €2,521 (+56.0%), from €4,500 to €7,021
- Other operating charges -€492
down €492 (-30.2%), from €1,630 to €1,139
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.
Cash bridge derived
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 | €75,896 | €129,427 | +€53,531 | +70.5% |
| Fixed assets | 21/28 | €34,447 | €75,455 | +€41,008 | +119.0% |
| Tangible fixed assets | 22/27 | €34,447 | €75,055 | +€40,608 | +117.9% |
| Furniture and vehicles | 24 | €17,780 | €73,555 | +€55,775 | +313.7% |
| Other tangible fixed assets | 26 | - | €1,500 | +€1,500 | |
| Assets under construction and advance payments | 27 | €16,667 | - | -€16,667 | |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €41,449 | €53,972 | +€12,523 | +30.2% |
| Amounts receivable within one year | 40/41 | €23,132 | €30,163 | +€7,032 | +30.4% |
| Trade receivables | 40 | €16,799 | €16,685 | -€114 | -0.7% |
| Other amounts receivable | 41 | €6,333 | €13,479 | +€7,146 | +112.8% |
| Cash at bank and in hand | 54/58 | €16,748 | €22,400 | +€5,653 | +33.8% |
| Deferred charges and accrued income | 490/1 | €1,570 | €1,409 | -€161 | -10.3% |
| Total equity and liabilities | 10/49 | €75,896 | €129,427 | +€53,531 | +70.5% |
| Equity | 10/15 | €17,171 | €25,468 | +€8,297 | +48.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €8,200 | +€8,200 | |
| Distributable reserves | 133 | - | €8,200 | +€8,200 | |
| Profit (loss) carried forward | 14 | €14,671 | €14,768 | +€97 | +0.7% |
| Amounts payable | 17/49 | €58,725 | €103,959 | +€45,234 | +77.0% |
| Amounts payable after more than one year | 17 | - | €37,487 | +€37,487 | |
| Financial debts | 170/4 | - | €37,487 | +€37,487 | |
| Amounts payable within one year | 42/48 | €27,218 | €66,472 | +€39,254 | +144.2% |
| Current portion of amounts payable after more than one year | 42 | - | €17,816 | +€17,816 | |
| Trade debts | 44 | €4,508 | €3,402 | -€1,107 | -24.5% |
| Suppliers | 440/4 | €4,508 | €3,402 | -€1,107 | -24.5% |
| Taxes, remuneration and social security | 45 | €22,710 | €9,854 | -€12,856 | -56.6% |
| Taxes | 450/3 | €10,710 | €9,854 | -€856 | -8.0% |
| Remuneration and social security | 454/9 | €12,000 | - | -€12,000 | |
| Other amounts payable | 47/48 | - | €35,400 | +€35,400 | |
| Accrued charges and deferred income | 492/3 | €31,507 | - | -€31,507 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,320 | €23,385 | +€16,065 | +219.5% |
| Other operating charges | 640/8 | €1,630 | €1,139 | -€492 | -30.2% |
| Non-recurring operating charges | 66A | - | €34 | +€34 | |
| Gross operating margin | 9900 | €29,080 | €44,262 | +€15,182 | +52.2% |
| Operating profit (loss) | 9901 | €20,130 | €19,704 | -€426 | -2.1% |
| Financial charges | 65/66B | €959 | €4,386 | +€3,427 | +357.5% |
| Recurring financial charges | 65 | €959 | €4,386 | +€3,427 | +357.5% |
| Profit (loss) for the period before taxes | 9903 | €19,171 | €15,318 | -€3,853 | -20.1% |
| Income taxes | 67/77 | €4,500 | €7,021 | +€2,521 | +56.0% |
| Profit (loss) for the period | 9904 | €14,671 | €8,297 | -€6,374 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,671 | €8,297 | -€6,374 | -43.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.