JV-AUTOMATION: 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.
JV-AUTOMATION
Largest movements
- Cash +€6,491
up €6,491 (+7.0%), from €93,368 to €99,859
mainly Net result for the year (+€32,090) and Other debts (+€28,307)
- Receivables within one year +€2,168
up €2,168 (+9.2%), from €23,452 to €25,620
of which Trade receivables: +€1,479
- Tangible fixed assets -€1,893
down €1,893 (-11.2%), from €16,940 to €15,047
of which Other tangible fixed assets: -€2,163
- Other debts +€28,307
up €28,307 (+177%), from €15,960 to €44,267
- Reserves -€11,610
down €11,610 (-12.6%), from €92,350 to €80,740
- Tax, wage and social debts -€9,728
down €9,728 (-53.5%), from €18,171 to €8,443
- Gross operating margin +€14,372
up €14,372 (+42.0%), from €34,258 to €48,630
- Taxes +€3,867
up €3,867 (+44.7%), from €8,648 to €12,515
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 | €133,851 | €140,630 | +€6,779 | +5.1% |
| Fixed assets | 21/28 | €16,980 | €15,087 | -€1,893 | -11.1% |
| Tangible fixed assets | 22/27 | €16,940 | €15,047 | -€1,893 | -11.2% |
| Plant, machinery and equipment | 23 | €373 | €167 | -€206 | -55.2% |
| Furniture and vehicles | 24 | €1,544 | €2,020 | +€476 | +30.8% |
| Other tangible fixed assets | 26 | €15,023 | €12,860 | -€2,163 | -14.4% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €116,871 | €125,543 | +€8,672 | +7.4% |
| Amounts receivable within one year | 40/41 | €23,452 | €25,620 | +€2,168 | +9.2% |
| Trade receivables | 40 | €23,450 | €24,929 | +€1,479 | +6.3% |
| Other amounts receivable | 41 | €2 | €691 | +€689 | +35,137% |
| Cash at bank and in hand | 54/58 | €93,368 | €99,859 | +€6,491 | +7.0% |
| Deferred charges and accrued income | 490/1 | €51 | €64 | +€13 | +25.0% |
| Total equity and liabilities | 10/49 | €133,851 | €140,630 | +€6,779 | +5.1% |
| Equity | 10/15 | €98,550 | €86,940 | -€11,610 | -11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,350 | €80,740 | -€11,610 | -12.6% |
| Distributable reserves | 133 | €92,350 | €80,740 | -€11,610 | -12.6% |
| Amounts payable | 17/49 | €35,301 | €53,689 | +€18,389 | +52.1% |
| Amounts payable within one year | 42/48 | €35,301 | €53,689 | +€18,389 | +52.1% |
| Trade debts | 44 | €1,170 | €979 | -€191 | -16.3% |
| Suppliers | 440/4 | €1,170 | €979 | -€191 | -16.3% |
| Taxes, remuneration and social security | 45 | €18,171 | €8,443 | -€9,728 | -53.5% |
| Taxes | 450/3 | €18,171 | €8,443 | -€9,728 | -53.5% |
| Other amounts payable | 47/48 | €15,960 | €44,267 | +€28,307 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,655 | €3,316 | -€339 | -9.3% |
| Other operating charges | 640/8 | €298 | €357 | +€58 | +19.6% |
| Non-recurring operating charges | 66A | - | €291 | +€291 | |
| Gross operating margin | 9900 | €34,258 | €48,630 | +€14,372 | +42.0% |
| Operating profit (loss) | 9901 | €30,304 | €44,666 | +€14,362 | +47.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €105 | €73 | -€32 | -30.6% |
| Recurring financial charges | 65 | €105 | €73 | -€32 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €30,200 | €44,605 | +€14,405 | +47.7% |
| Income taxes | 67/77 | €8,648 | €12,515 | +€3,867 | +44.7% |
| Profit (loss) for the period | 9904 | €21,552 | €32,090 | +€10,538 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,552 | €32,090 | +€10,538 | +48.9% |
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.