JCVB: 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.
JCVB
Largest movements
- Tangible fixed assets +€199,210
up €199,210 (+22.0%), from €904,449 to €1.1m
of which Plant, machinery and equipment: +€244,400
- Cash +€40,555
up €40,555 (+1,471%), from €2,757 to €43,312
mainly Debts after one year (+€220,000) and Depreciation (+€63,816)
- Debts after one year +€220,000
up €220,000 (+100%), from €220,000 to €440,000
- Profit (loss) carried forward -€29,814
down €29,814 (-7.7%), from €385,911 to €356,097
- Trade debts +€21,233
up €21,233 (+233%), from €9,121 to €30,354
- Other debts +€15,683
up €15,683 (+50.5%), from €31,038 to €46,720
- Accrued charges and deferred income +€13,831
up €13,831 (+140%), from €9,869 to €23,700
- Financial charges +€35,552
up €35,552 (+355%), from €10,007 to €45,560
- Gross operating margin -€16,801
down €16,801 (-16.6%), from €101,009 to €84,208
- Taxes -€10,098
down €10,098 (-89.0%), from €11,352 to €1,254
- Depreciation +€1,556
up €1,556 (+2.5%), from €62,260 to €63,816
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 | €937,051 | €1,174,145 | +€237,094 | +25.3% |
| Fixed assets | 21/28 | €904,449 | €1,103,660 | +€199,210 | +22.0% |
| Tangible fixed assets | 22/27 | €904,449 | €1,103,660 | +€199,210 | +22.0% |
| Land and buildings | 22 | €509,305 | €482,643 | -€26,662 | -5.2% |
| Plant, machinery and equipment | 23 | €345,882 | €590,282 | +€244,400 | +70.7% |
| Furniture and vehicles | 24 | €49,262 | €30,735 | -€18,528 | -37.6% |
| Current assets | 29/58 | €32,601 | €70,485 | +€37,884 | +116% |
| Amounts receivable within one year | 40/41 | €23,852 | €21,541 | -€2,312 | -9.7% |
| Trade receivables | 40 | €15,190 | €15,190 | = | 0.0% |
| Other amounts receivable | 41 | €8,662 | €6,351 | -€2,312 | -26.7% |
| Cash at bank and in hand | 54/58 | €2,757 | €43,312 | +€40,555 | +1,471% |
| Deferred charges and accrued income | 490/1 | €5,992 | €5,633 | -€359 | -6.0% |
| Total equity and liabilities | 10/49 | €937,051 | €1,174,145 | +€237,094 | +25.3% |
| Equity | 10/15 | €654,099 | €624,285 | -€29,814 | -4.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €238,188 | €238,188 | = | 0.0% |
| Distributable reserves | 133 | €238,188 | €238,188 | = | 0.0% |
| Profit (loss) carried forward | 14 | €385,911 | €356,097 | -€29,814 | -7.7% |
| Amounts payable | 17/49 | €282,951 | €549,860 | +€266,909 | +94.3% |
| Amounts payable after more than one year | 17 | €220,000 | €440,000 | +€220,000 | +100% |
| Other amounts payable | 178/9 | €220,000 | €440,000 | +€220,000 | +100% |
| Amounts payable within one year | 42/48 | €53,082 | €86,160 | +€33,077 | +62.3% |
| Trade debts | 44 | €9,121 | €30,354 | +€21,233 | +233% |
| Suppliers | 440/4 | €9,121 | €30,354 | +€21,233 | +233% |
| Taxes, remuneration and social security | 45 | €12,923 | €9,085 | -€3,839 | -29.7% |
| Taxes | 450/3 | €12,923 | €8,925 | -€3,999 | -30.9% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €31,038 | €46,720 | +€15,683 | +50.5% |
| Accrued charges and deferred income | 492/3 | €9,869 | €23,700 | +€13,831 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,260 | €63,816 | +€1,556 | +2.5% |
| Other operating charges | 640/8 | €3,573 | €3,396 | -€177 | -5.0% |
| Gross operating margin | 9900 | €101,009 | €84,208 | -€16,801 | -16.6% |
| Operating profit (loss) | 9901 | €35,176 | €16,996 | -€18,180 | -51.7% |
| Financial income | 75/76B | €30 | €4 | -€27 | -87.8% |
| Recurring financial income | 75 | €30 | €4 | -€27 | -87.8% |
| Financial charges | 65/66B | €10,007 | €45,560 | +€35,552 | +355% |
| Recurring financial charges | 65 | €10,007 | €45,560 | +€35,552 | +355% |
| Profit (loss) for the period before taxes | 9903 | €25,199 | -€28,560 | -€53,759 | |
| Income taxes | 67/77 | €11,352 | €1,254 | -€10,098 | -89.0% |
| Profit (loss) for the period | 9904 | €13,847 | -€29,814 | -€43,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,847 | -€29,814 | -€43,662 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.