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 -€87,282
down €87,282 (-69.3%), from €126,020 to €38,738
mainly Other debts (-€66,605) and Investment in fixed assets (net) (-€28,219)
- Receivables within one year -€57,782
down €57,782 (-97.4%), from €59,301 to €1,519
of which Trade receivables: -€51,983
- Tangible fixed assets +€25,433
up €25,433 (+162.5%), from €15,656 to €41,088
of which Furniture and vehicles: +€26,129
- Receivables after one year +€20,000
new in 2025: €20,000
- Deferred charges and accrued income +€2,468
up €2,468 (+168.3%), from €1,467 to €3,935
- Other debts -€66,605
down €66,605 (-76.2%), from €87,445 to €20,839
- Reserves -€39,090
down €39,090 (-41.9%), from €93,263 to €54,173
- Debts after one year +€19,587
new in 2025: €19,587
- Tax, wage and social debts -€18,460
down €18,460 (-98.8%), from €18,688 to €229
- Current portion of long-term debt +€5,950
new in 2025: €5,950
- Gross operating margin -€1,789
down €1,789 (-14.3%), from -€12,474 to -€14,263
- Financial income +€1,383
up €1,383, from €0 to €1,383
- Depreciation +€654
up €654 (+30.7%), from €2,132 to €2,786
- Financial charges -€326
down €326 (-17.8%), from €1,828 to €1,502
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 | €202,443 | €105,280 | -€97,163 | -48.0% |
| Fixed assets | 21/28 | €15,656 | €41,088 | +€25,433 | +162.5% |
| Tangible fixed assets | 22/27 | €15,656 | €41,088 | +€25,433 | +162.5% |
| Furniture and vehicles | 24 | €2,909 | €29,037 | +€26,129 | +898.3% |
| Other tangible fixed assets | 26 | €12,747 | €12,051 | -€696 | -5.5% |
| Current assets | 29/58 | €186,788 | €64,192 | -€122,596 | -65.6% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €59,301 | €1,519 | -€57,782 | -97.4% |
| Trade receivables | 40 | €51,983 | €0 | -€51,983 | -100.0% |
| Other amounts receivable | 41 | €7,318 | €1,519 | -€5,799 | -79.2% |
| Cash at bank and in hand | 54/58 | €126,020 | €38,738 | -€87,282 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,467 | €3,935 | +€2,468 | +168.3% |
| Total equity and liabilities | 10/49 | €202,443 | €105,280 | -€97,163 | -48.0% |
| Equity | 10/15 | €95,363 | €56,273 | -€39,090 | -41.0% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Reserves | 13 | €93,263 | €54,173 | -€39,090 | -41.9% |
| Distributable reserves | 133 | €93,263 | €54,173 | -€39,090 | -41.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €107,080 | €49,007 | -€58,073 | -54.2% |
| Amounts payable after more than one year | 17 | - | €19,587 | +€19,587 | |
| Financial debts | 170/4 | - | €19,587 | +€19,587 | |
| Amounts payable within one year | 42/48 | €107,080 | €29,420 | -€77,660 | -72.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,950 | +€5,950 | |
| Trade debts | 44 | €947 | €2,403 | +€1,455 | +153.7% |
| Suppliers | 440/4 | €947 | €2,403 | +€1,455 | +153.7% |
| Taxes, remuneration and social security | 45 | €18,688 | €229 | -€18,460 | -98.8% |
| Taxes | 450/3 | €18,688 | €229 | -€18,460 | -98.8% |
| Other amounts payable | 47/48 | €87,445 | €20,839 | -€66,605 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,132 | €2,786 | +€654 | +30.7% |
| Other operating charges | 640/8 | €1,721 | €1,659 | -€62 | -3.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€12,474 | -€14,263 | -€1,789 | -14.3% |
| Operating profit (loss) | 9901 | -€16,328 | -€18,708 | -€2,381 | -14.6% |
| Financial income | 75/76B | €0 | €1,383 | +€1,383 | |
| Recurring financial income | 75 | €0 | €1,383 | +€1,383 | |
| Financial charges | 65/66B | €1,828 | €1,502 | -€326 | -17.8% |
| Recurring financial charges | 65 | €1,828 | €1,502 | -€326 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,156 | -€18,827 | -€671 | -3.7% |
| Income taxes | 67/77 | €237 | €264 | +€27 | +11.2% |
| Profit (loss) for the period | 9904 | -€18,393 | -€19,090 | -€698 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,393 | -€19,090 | -€698 | -3.8% |
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 10 October 2026 via checked.be.