JV CONSULTING: 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 CONSULTING
Largest movements
- Deferred charges and accrued income -€6,802
down €6,802 (-30.7%), from €22,189 to €15,387
- Receivables within one year -€6,559
down €6,559 (-5.9%), from €110,639 to €104,080
of which Other amounts receivable: -€24,780
- Cash +€5,239
up €5,239 (+43.2%), from €12,127 to €17,366
mainly Net result for the year (+€43,742) and Other debts (+€26,675)
- Stocks and contracts -€4,192
down €4,192 (-7.3%), from €57,803 to €53,611
of which Contracts in progress: -€3,356
- Trade debts -€43,280
down €43,280 (-55.4%), from €78,141 to €34,861
- Other debts +€26,675
up €26,675 (+451%), from €5,920 to €32,595
- Reserves -€8,258
down €8,258 (-8.4%), from €97,949 to €89,691
- Tax, wage and social debts +€4,222
up €4,222 (+162%), from €2,612 to €6,834
- Accrued charges and deferred income +€4,132
up €4,132 (+116%), from €3,574 to €7,706
- Gross operating margin +€40,775
up €40,775 (+232%), from €17,552 to €58,327
- Taxes +€8,403
up €8,403 (+295%), from €2,851 to €11,254
- Financial charges -€867
down €867 (-49.7%), from €1,745 to €878
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 | €210,188 | €197,163 | -€13,025 | -6.2% |
| Fixed assets | 21/28 | €7,430 | €6,719 | -€711 | -9.6% |
| Tangible fixed assets | 22/27 | €4,130 | €3,419 | -€711 | -17.2% |
| Plant, machinery and equipment | 23 | €2,163 | €1,754 | -€408 | -18.9% |
| Furniture and vehicles | 24 | €1,968 | €1,665 | -€303 | -15.4% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €202,758 | €190,444 | -€12,314 | -6.1% |
| Stocks and contracts in progress | 3 | €57,803 | €53,611 | -€4,192 | -7.3% |
| Stocks | 30/36 | €42,403 | €41,567 | -€836 | -2.0% |
| Contracts in progress | 37 | €15,400 | €12,044 | -€3,356 | -21.8% |
| Amounts receivable within one year | 40/41 | €110,639 | €104,080 | -€6,559 | -5.9% |
| Trade receivables | 40 | €75,649 | €93,870 | +€18,221 | +24.1% |
| Other amounts receivable | 41 | €34,990 | €10,209 | -€24,780 | -70.8% |
| Cash at bank and in hand | 54/58 | €12,127 | €17,366 | +€5,239 | +43.2% |
| Deferred charges and accrued income | 490/1 | €22,189 | €15,387 | -€6,802 | -30.7% |
| Total equity and liabilities | 10/49 | €210,188 | €197,163 | -€13,025 | -6.2% |
| Equity | 10/15 | €116,549 | €108,291 | -€8,258 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,949 | €89,691 | -€8,258 | -8.4% |
| Distributable reserves | 133 | €97,949 | €89,691 | -€8,258 | -8.4% |
| Amounts payable | 17/49 | €93,640 | €88,873 | -€4,767 | -5.1% |
| Amounts payable within one year | 42/48 | €90,066 | €81,167 | -€8,899 | -9.9% |
| Financial debts | 43 | €3,392 | €6,876 | +€3,484 | +103% |
| Credit institutions | 430/8 | €3,392 | €6,876 | +€3,484 | +103% |
| Trade debts | 44 | €78,141 | €34,861 | -€43,280 | -55.4% |
| Suppliers | 440/4 | €78,141 | €34,861 | -€43,280 | -55.4% |
| Taxes, remuneration and social security | 45 | €2,612 | €6,834 | +€4,222 | +162% |
| Taxes | 450/3 | €2,612 | €6,834 | +€4,222 | +162% |
| Other amounts payable | 47/48 | €5,920 | €32,595 | +€26,675 | +451% |
| Accrued charges and deferred income | 492/3 | €3,574 | €7,706 | +€4,132 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €1,968 | -€303 | -13.3% |
| Other operating charges | 640/8 | €943 | €950 | +€8 | +0.8% |
| Gross operating margin | 9900 | €17,552 | €58,327 | +€40,775 | +232% |
| Operating profit (loss) | 9901 | €14,339 | €55,409 | +€41,070 | +286% |
| Financial income | 75/76B | €384 | €465 | +€82 | +21.4% |
| Recurring financial income | 75 | €384 | €465 | +€82 | +21.4% |
| Financial charges | 65/66B | €1,745 | €878 | -€867 | -49.7% |
| Recurring financial charges | 65 | €1,745 | €878 | -€867 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €12,978 | €54,996 | +€42,019 | +324% |
| Income taxes | 67/77 | €2,851 | €11,254 | +€8,403 | +295% |
| Profit (loss) for the period | 9904 | €10,127 | €43,742 | +€33,615 | +332% |
| Profit (loss) for the period to be appropriated | 9905 | €10,127 | €43,742 | +€33,615 | +332% |
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 30 October 2026 via checked.be.