Jens VDV: 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.
Jens VDV
Largest movements
- Cash -€92,043
down €92,043 (-80.8%), from €113,932 to €21,889
mainly Contributions, distributions and other (-€155,023) and Debts after one year (-€7,579)
- Tangible fixed assets -€10,095
down €10,095 (-65.3%), from €15,451 to €5,357
- Reserves -€97,854
down €97,854 (-100%), from €97,854 to €0
- Debts after one year -€7,579
down €7,579 (-51.3%), from €14,770 to €7,191
- Other debts +€3,680
up €3,680 (+279%), from €1,320 to €5,000
- Tax, wage and social debts -€3,232
down €3,232 (-15.8%), from €20,467 to €17,235
- Gross operating margin +€11,753
up €11,753 (+15.4%), from €76,506 to €88,259
- Taxes +€1,759
up €1,759 (+13.8%), from €12,726 to €14,485
- Financial income -€1,365
down €1,365 (-100%), from €1,365 to €0
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 | €143,723 | €39,473 | -€104,250 | -72.5% |
| Fixed assets | 21/28 | €15,451 | €5,357 | -€10,095 | -65.3% |
| Tangible fixed assets | 22/27 | €15,451 | €5,357 | -€10,095 | -65.3% |
| Furniture and vehicles | 24 | €15,451 | €5,357 | -€10,095 | -65.3% |
| Current assets | 29/58 | €128,271 | €34,116 | -€94,155 | -73.4% |
| Amounts receivable within one year | 40/41 | €12,507 | €11,763 | -€744 | -5.9% |
| Trade receivables | 40 | €12,507 | €11,248 | -€1,258 | -10.1% |
| Other amounts receivable | 41 | - | €515 | +€515 | |
| Cash at bank and in hand | 54/58 | €113,932 | €21,889 | -€92,043 | -80.8% |
| Deferred charges and accrued income | 490/1 | €1,833 | €464 | -€1,368 | -74.7% |
| Total equity and liabilities | 10/49 | €143,723 | €39,473 | -€104,250 | -72.5% |
| Equity | 10/15 | €99,854 | €2,000 | -€97,854 | -98.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €97,854 | €0 | -€97,854 | -100% |
| Distributable reserves | 133 | €97,854 | €0 | -€97,854 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €43,869 | €37,473 | -€6,396 | -14.6% |
| Amounts payable after more than one year | 17 | €14,770 | €7,191 | -€7,579 | -51.3% |
| Financial debts | 170/4 | €14,770 | €7,191 | -€7,579 | -51.3% |
| Amounts payable within one year | 42/48 | €29,099 | €29,883 | +€784 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €7,312 | €7,579 | +€267 | +3.6% |
| Trade debts | 44 | €0 | €69 | +€69 | |
| Suppliers | 440/4 | €0 | €69 | +€69 | |
| Taxes, remuneration and social security | 45 | €20,467 | €17,235 | -€3,232 | -15.8% |
| Taxes | 450/3 | €20,467 | €17,235 | -€3,232 | -15.8% |
| Other amounts payable | 47/48 | €1,320 | €5,000 | +€3,680 | +279% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,631 | €14,904 | -€728 | -4.7% |
| Other operating charges | 640/8 | €182 | €867 | +€686 | +377% |
| Gross operating margin | 9900 | €76,506 | €88,259 | +€11,753 | +15.4% |
| Operating profit (loss) | 9901 | €60,693 | €72,488 | +€11,796 | +19.4% |
| Financial income | 75/76B | €1,365 | €0 | -€1,365 | -100% |
| Recurring financial income | 75 | €1,365 | €0 | -€1,365 | -100% |
| Financial charges | 65/66B | €1,052 | €834 | -€219 | -20.8% |
| Recurring financial charges | 65 | €1,052 | €834 | -€219 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €61,005 | €71,655 | +€10,650 | +17.5% |
| Income taxes | 67/77 | €12,726 | €14,485 | +€1,759 | +13.8% |
| Profit (loss) for the period | 9904 | €48,279 | €57,170 | +€8,890 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,279 | €57,170 | +€8,890 | +18.4% |
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 26 October 2026 via checked.be.