JRV Management: 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.
JRV Management
Largest movements
- Current investments +€20,000
new in 2026: €20,000
- Debts after one year -€146,452
down €146,452 (-29.3%), from €500,000 to €353,548
- Reserves +€125,148
up €125,148 (+1,084%), from €11,550 to €136,698
- Tax, wage and social debts +€40,892
up €40,892 (+664%), from €6,157 to €47,049
- Gross operating margin +€210,186
up €210,186 (+1,113%), from €18,891 to €229,076
- Taxes +€53,175
up €53,175 (+864%), from €6,157 to €59,332
- Financial charges +€43,624
up €43,624 (+21,806%), from €200 to €43,825
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,949 | €545,973 | +€20,024 | +3.8% |
| Fixed assets | 21/28 | €507,306 | €506,934 | -€372 | -0.1% |
| Tangible fixed assets | 22/27 | €1,106 | €734 | -€372 | -33.6% |
| Plant, machinery and equipment | 23 | €1,106 | €734 | -€372 | -33.6% |
| Financial fixed assets | 28 | €506,200 | €506,200 | = | 0.0% |
| Current assets | 29/58 | €18,643 | €39,039 | +€20,396 | +109% |
| Amounts receivable within one year | 40/41 | €6,514 | €6,050 | -€464 | -7.1% |
| Trade receivables | 40 | €6,514 | €6,050 | -€464 | -7.1% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €11,844 | €9,045 | -€2,800 | -23.6% |
| Deferred charges and accrued income | 490/1 | €284 | €3,944 | +€3,660 | +1,287% |
| Total equity and liabilities | 10/49 | €525,949 | €545,973 | +€20,024 | +3.8% |
| Equity | 10/15 | €16,550 | €141,698 | +€125,148 | +756% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,550 | €136,698 | +€125,148 | +1,084% |
| Distributable reserves | 133 | €11,550 | €136,698 | +€125,148 | +1,084% |
| Amounts payable | 17/49 | €509,399 | €404,275 | -€105,124 | -20.6% |
| Amounts payable after more than one year | 17 | €500,000 | €353,548 | -€146,452 | -29.3% |
| Financial debts | 170/4 | €500,000 | €353,548 | -€146,452 | -29.3% |
| Amounts payable within one year | 42/48 | €9,399 | €50,727 | +€41,328 | +440% |
| Trade debts | 44 | €3,142 | €26 | -€3,116 | -99.2% |
| Suppliers | 440/4 | €3,142 | €26 | -€3,116 | -99.2% |
| Taxes, remuneration and social security | 45 | €6,157 | €47,049 | +€40,892 | +664% |
| Taxes | 450/3 | €6,157 | €47,049 | +€40,892 | +664% |
| Other amounts payable | 47/48 | €100 | €3,652 | +€3,551 | +3,534% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10 | €372 | +€362 | +3,775% |
| Other operating charges | 640/8 | €974 | €400 | -€574 | -59.0% |
| Gross operating margin | 9900 | €18,891 | €229,076 | +€210,186 | +1,113% |
| Operating profit (loss) | 9901 | €17,907 | €228,305 | +€210,398 | +1,175% |
| Financial charges | 65/66B | €200 | €43,825 | +€43,624 | +21,806% |
| Recurring financial charges | 65 | €200 | €43,825 | +€43,624 | +21,806% |
| Profit (loss) for the period before taxes | 9903 | €17,707 | €184,480 | +€166,773 | +942% |
| Income taxes | 67/77 | €6,157 | €59,332 | +€53,175 | +864% |
| Profit (loss) for the period | 9904 | €11,550 | €125,148 | +€113,598 | +984% |
| Profit (loss) for the period to be appropriated | 9905 | €11,550 | €125,148 | +€113,598 | +984% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.