JV CAPITAL: 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 CAPITAL
Largest movements
- Tangible fixed assets -€29,908
down €29,908 (-8.4%), from €355,099 to €325,191
of which Land and buildings: -€22,059
- Receivables within one year +€19,034
up €19,034 (+16.4%), from €116,102 to €135,136
of which Other amounts receivable: +€42,163
- Debts after one year -€18,821
down €18,821 (-9.0%), from €210,212 to €191,392
- Trade debts +€11,056
new in 2024: €11,056
- Tax, wage and social debts -€9,380
down €9,380 (-15.8%), from €59,227 to €49,847
of which Taxes: -€9,380
- Other debts +€8,572
up €8,572 (+132%), from €6,470 to €15,042
- Gross operating margin +€15,018
up €15,018 (+41.0%), from €36,640 to €51,659
- Financial charges +€5,150
up €5,150 (+118%), from €4,368 to €9,518
of which Non-recurring financial charges: +€7,942
- Financial income +€3,747
up €3,747 (+4,119%), from €91 to €3,838
- Taxes +€2,543
new in 2024: €2,543
- Other operating charges -€801
down €801 (-42.6%), from €1,882 to €1,081
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,691 | €464,324 | -€8,367 | -1.8% |
| Fixed assets | 21/28 | €355,099 | €325,191 | -€29,908 | -8.4% |
| Tangible fixed assets | 22/27 | €355,099 | €325,191 | -€29,908 | -8.4% |
| Land and buildings | 22 | €313,254 | €291,195 | -€22,059 | -7.0% |
| Furniture and vehicles | 24 | €14,126 | €7,057 | -€7,069 | -50.0% |
| Other tangible fixed assets | 26 | €27,719 | €24,254 | -€3,465 | -12.5% |
| Assets under construction and advance payments | 27 | - | €2,685 | +€2,685 | |
| Current assets | 29/58 | €117,593 | €139,133 | +€21,541 | +18.3% |
| Amounts receivable within one year | 40/41 | €116,102 | €135,136 | +€19,034 | +16.4% |
| Trade receivables | 40 | €90,373 | €67,244 | -€23,129 | -25.6% |
| Other amounts receivable | 41 | €25,729 | €67,892 | +€42,163 | +164% |
| Cash at bank and in hand | 54/58 | €1,490 | €3,997 | +€2,507 | +168% |
| Total equity and liabilities | 10/49 | €472,691 | €464,324 | -€8,367 | -1.8% |
| Equity | 10/15 | €172,736 | €176,618 | +€3,882 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,136 | €158,018 | +€3,882 | +2.5% |
| Amounts payable | 17/49 | €299,955 | €287,706 | -€12,250 | -4.1% |
| Amounts payable after more than one year | 17 | €210,212 | €191,392 | -€18,821 | -9.0% |
| Financial debts | 170/4 | €210,212 | €191,392 | -€18,821 | -9.0% |
| Amounts payable within one year | 42/48 | €89,743 | €96,314 | +€6,571 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €24,047 | €20,369 | -€3,678 | -15.3% |
| Trade debts | 44 | - | €11,056 | +€11,056 | |
| Suppliers | 440/4 | - | €11,056 | +€11,056 | |
| Taxes, remuneration and social security | 45 | €59,227 | €49,847 | -€9,380 | -15.8% |
| Taxes | 450/3 | €58,889 | €49,510 | -€9,380 | -15.9% |
| Remuneration and social security | 454/9 | €338 | €338 | = | 0.0% |
| Other amounts payable | 47/48 | €6,470 | €15,042 | +€8,572 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,321 | €38,472 | +€151 | +0.4% |
| Other operating charges | 640/8 | €1,882 | €1,081 | -€801 | -42.6% |
| Gross operating margin | 9900 | €36,640 | €51,659 | +€15,018 | +41.0% |
| Operating profit (loss) | 9901 | -€3,562 | €12,105 | +€15,668 | |
| Financial income | 75/76B | €91 | €3,838 | +€3,747 | +4,119% |
| Recurring financial income | 75 | €91 | €3,838 | +€3,747 | +4,119% |
| Financial charges | 65/66B | €4,368 | €9,518 | +€5,150 | +118% |
| Recurring financial charges | 65 | €4,368 | €1,576 | -€2,792 | -63.9% |
| Non-recurring financial charges | 66B | - | €7,942 | +€7,942 | |
| Profit (loss) for the period before taxes | 9903 | -€7,839 | €6,425 | +€14,264 | |
| Income taxes | 67/77 | - | €2,543 | +€2,543 | |
| Profit (loss) for the period | 9904 | -€7,839 | €3,882 | +€11,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,839 | €3,882 | +€11,721 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.