JDV CONSULT: 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.
JDV CONSULT
Largest movements
- Cash +€43,674
up €43,674 (+66.6%), from €65,567 to €109,241
mainly Debts after one year (+€32,695) and Net result for the year (+€14,933)
- Tangible fixed assets +€35,152
up €35,152 (+65.4%), from €53,787 to €88,940
of which Furniture and vehicles: +€43,604
- Deferred charges and accrued income -€9,394
down €9,394 (-57.9%), from €16,228 to €6,834
- Receivables within one year -€9,059
down €9,059 (-30.7%), from €29,474 to €20,415
of which Trade receivables: -€9,405
- Debts after one year +€32,695
new in 2025: €32,695
- Profit (loss) carried forward +€14,933
up €14,933 (+11.3%), from €131,941 to €146,874
- Current portion of long-term debt +€5,355
up €5,355 (+231%), from €2,321 to €7,677
- Tax, wage and social debts +€5,224
up €5,224 (+168%), from €3,116 to €8,340
- Trade debts -€2,547
down €2,547 (-14.3%), from €17,780 to €15,233
- Write-downs -€26,004
no longer reported in 2025 (was €26,004)
- Staff costs -€20,747
no longer reported in 2025 (was €20,747)
- Gross operating margin -€10,406
down €10,406 (-23.2%), from €44,886 to €34,480
- Taxes +€2,836
up €2,836 (+1,281%), from €221 to €3,057
- Financial charges -€1,530
down €1,530 (-37.9%), from €4,034 to €2,504
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 | €168,512 | €226,954 | +€58,442 | +34.7% |
| Fixed assets | 21/28 | €55,037 | €88,940 | +€33,902 | +61.6% |
| Tangible fixed assets | 22/27 | €53,787 | €88,940 | +€35,152 | +65.4% |
| Land and buildings | 22 | €14,465 | €13,324 | -€1,142 | -7.9% |
| Plant, machinery and equipment | 23 | €7,890 | €2,773 | -€5,118 | -64.9% |
| Furniture and vehicles | 24 | €9,921 | €53,525 | +€43,604 | +440% |
| Other tangible fixed assets | 26 | €21,510 | €19,318 | -€2,193 | -10.2% |
| Financial fixed assets | 28 | €1,250 | - | -€1,250 | |
| Current assets | 29/58 | €113,475 | €138,014 | +€24,539 | +21.6% |
| Stocks and contracts in progress | 3 | €2,207 | €1,525 | -€683 | -30.9% |
| Stocks | 30/36 | €2,207 | €1,525 | -€683 | -30.9% |
| Amounts receivable within one year | 40/41 | €29,474 | €20,415 | -€9,059 | -30.7% |
| Trade receivables | 40 | €28,677 | €19,273 | -€9,405 | -32.8% |
| Other amounts receivable | 41 | €796 | €1,142 | +€346 | +43.4% |
| Cash at bank and in hand | 54/58 | €65,567 | €109,241 | +€43,674 | +66.6% |
| Deferred charges and accrued income | 490/1 | €16,228 | €6,834 | -€9,394 | -57.9% |
| Total equity and liabilities | 10/49 | €168,512 | €226,954 | +€58,442 | +34.7% |
| Equity | 10/15 | €140,001 | €154,934 | +€14,933 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,941 | €146,874 | +€14,933 | +11.3% |
| Amounts payable | 17/49 | €28,512 | €72,020 | +€43,508 | +153% |
| Amounts payable after more than one year | 17 | - | €32,695 | +€32,695 | |
| Financial debts | 170/4 | - | €32,695 | +€32,695 | |
| Amounts payable within one year | 42/48 | €28,512 | €39,325 | +€10,813 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €2,321 | €7,677 | +€5,355 | +231% |
| Financial debts | 43 | €902 | €2,048 | +€1,146 | +127% |
| Credit institutions | 430/8 | €902 | €2,048 | +€1,146 | +127% |
| Trade debts | 44 | €17,780 | €15,233 | -€2,547 | -14.3% |
| Suppliers | 440/4 | €17,780 | €15,233 | -€2,547 | -14.3% |
| Taxes, remuneration and social security | 45 | €3,116 | €8,340 | +€5,224 | +168% |
| Taxes | 450/3 | €3,116 | €8,340 | +€5,224 | +168% |
| Other amounts payable | 47/48 | €4,393 | €6,028 | +€1,635 | +37.2% |
| Remuneration, social security and pensions | 62 | €20,747 | - | -€20,747 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,749 | €12,231 | +€482 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,004 | - | -€26,004 | |
| Other operating charges | 640/8 | €2,144 | €1,843 | -€301 | -14.0% |
| Non-recurring operating charges | 66A | €198 | - | -€198 | |
| Gross operating margin | 9900 | €44,886 | €34,480 | -€10,406 | -23.2% |
| Operating profit (loss) | 9901 | -€15,957 | €20,406 | +€36,362 | |
| Financial income | 75/76B | €426 | €88 | -€338 | -79.3% |
| Recurring financial income | 75 | €426 | €88 | -€338 | -79.3% |
| Financial charges | 65/66B | €4,034 | €2,504 | -€1,530 | -37.9% |
| Recurring financial charges | 65 | €4,034 | €2,504 | -€1,530 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,564 | €17,990 | +€37,554 | |
| Income taxes | 67/77 | €221 | €3,057 | +€2,836 | +1,281% |
| Profit (loss) for the period | 9904 | -€19,785 | €14,933 | +€34,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,785 | €14,933 | +€34,718 |
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 16 October 2026 via checked.be.