JEVE: 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.
JEVE
Largest movements
- Cash +€101,366
up €101,366 (+120%), from €84,763 to €186,129
mainly Net result for the year (+€88,101) and Tax, wage and social debts (+€30,204)
- Receivables within one year +€24,531
up €24,531 (+18.0%), from €136,418 to €160,948
of which Trade receivables: +€26,000
- Current investments +€4,500
new in 2025: €4,500
- Reserves +€67,607
up €67,607 (+35.9%), from €188,515 to €256,122
- Tax, wage and social debts +€30,204
up €30,204 (+107%), from €28,153 to €58,357
of which Taxes: +€24,604
- Other debts +€28,965
up €28,965 (+471%), from €6,145 to €35,109
- Gross operating margin +€112,618
up €112,618 (+686%), from €16,405 to €129,023
- Taxes +€33,000
up €33,000 (+1,099%), from €3,002 to €36,002
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 | €233,306 | €361,010 | +€127,704 | +54.7% |
| Fixed assets | 21/28 | €7,427 | €5,060 | -€2,366 | -31.9% |
| Tangible fixed assets | 22/27 | €7,427 | €5,060 | -€2,366 | -31.9% |
| Land and buildings | 22 | €5,316 | €4,484 | -€832 | -15.7% |
| Furniture and vehicles | 24 | €2,110 | €576 | -€1,534 | -72.7% |
| Current assets | 29/58 | €225,879 | €355,949 | +€130,070 | +57.6% |
| Amounts receivable within one year | 40/41 | €136,418 | €160,948 | +€24,531 | +18.0% |
| Trade receivables | 40 | €127,050 | €153,050 | +€26,000 | +20.5% |
| Other amounts receivable | 41 | €9,368 | €7,898 | -€1,469 | -15.7% |
| Current investments | 50/53 | - | €4,500 | +€4,500 | |
| Cash at bank and in hand | 54/58 | €84,763 | €186,129 | +€101,366 | +120% |
| Deferred charges and accrued income | 490/1 | €4,699 | €4,373 | -€326 | -6.9% |
| Total equity and liabilities | 10/49 | €233,306 | €361,010 | +€127,704 | +54.7% |
| Equity | 10/15 | €191,015 | €258,622 | +€67,607 | +35.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €188,515 | €256,122 | +€67,607 | +35.9% |
| Distributable reserves | 133 | €188,515 | €256,122 | +€67,607 | +35.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,290 | €102,388 | +€60,097 | +142% |
| Amounts payable within one year | 42/48 | €42,290 | €102,388 | +€60,097 | +142% |
| Trade debts | 44 | €7,993 | €8,921 | +€928 | +11.6% |
| Suppliers | 440/4 | €7,993 | €8,921 | +€928 | +11.6% |
| Taxes, remuneration and social security | 45 | €28,153 | €58,357 | +€30,204 | +107% |
| Taxes | 450/3 | €28,153 | €52,757 | +€24,604 | +87.4% |
| Remuneration and social security | 454/9 | - | €5,600 | +€5,600 | |
| Other amounts payable | 47/48 | €6,145 | €35,109 | +€28,965 | +471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,693 | €2,366 | -€327 | -12.1% |
| Other operating charges | 640/8 | €1,121 | €1,150 | +€29 | +2.6% |
| Gross operating margin | 9900 | €16,405 | €129,023 | +€112,618 | +686% |
| Operating profit (loss) | 9901 | €12,591 | €125,507 | +€112,916 | +897% |
| Financial charges | 65/66B | €2,411 | €1,404 | -€1,007 | -41.8% |
| Recurring financial charges | 65 | €2,411 | €1,404 | -€1,007 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €10,179 | €124,103 | +€113,924 | +1,119% |
| Income taxes | 67/77 | €3,002 | €36,002 | +€33,000 | +1,099% |
| Profit (loss) for the period | 9904 | €7,178 | €88,101 | +€80,924 | +1,127% |
| Profit (loss) for the period to be appropriated | 9905 | €7,178 | €88,101 | +€80,924 | +1,127% |
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 19 October 2026 via checked.be.