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
- Receivables within one year -€17,021
down €17,021 (-87.6%), from €19,438 to €2,417
of which Other amounts receivable: -€13,175
- Tangible fixed assets -€10,499
down €10,499 (-4.4%), from €236,984 to €226,485
- Debts after one year -€17,847
down €17,847 (-11.1%), from €161,488 to €143,640
- Tax, wage and social debts -€12,215
down €12,215 (-99.6%), from €12,263 to €48
- Accrued charges and deferred income +€6,220
up €6,220 (+778%), from €800 to €7,020
- Other debts -€3,509
no longer reported in 2025 (was €3,509)
- Other operating charges -€1,164
down €1,164 (-57.7%), from €2,018 to €854
- Financial charges -€601
down €601 (-19.9%), from €3,029 to €2,427
- Gross operating margin -€476
down €476 (-3.5%), from €13,753 to €13,277
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 | €262,709 | €236,235 | -€26,473 | -10.1% |
| Fixed assets | 21/28 | €237,187 | €226,688 | -€10,499 | -4.4% |
| Tangible fixed assets | 22/27 | €236,984 | €226,485 | -€10,499 | -4.4% |
| Land and buildings | 22 | €236,984 | €226,485 | -€10,499 | -4.4% |
| Financial fixed assets | 28 | €203 | €203 | = | 0.0% |
| Current assets | 29/58 | €25,522 | €9,548 | -€15,974 | -62.6% |
| Amounts receivable within one year | 40/41 | €19,438 | €2,417 | -€17,021 | -87.6% |
| Trade receivables | 40 | €3,927 | €80 | -€3,846 | -98.0% |
| Other amounts receivable | 41 | €15,512 | €2,337 | -€13,175 | -84.9% |
| Cash at bank and in hand | 54/58 | €983 | €2,130 | +€1,147 | +117% |
| Deferred charges and accrued income | 490/1 | €5,100 | €5,000 | -€100 | -2.0% |
| Total equity and liabilities | 10/49 | €262,709 | €236,235 | -€26,473 | -10.1% |
| Equity | 10/15 | €66,727 | €66,194 | -€533 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,127 | €47,594 | -€533 | -1.1% |
| Distributable reserves | 133 | €48,127 | €47,594 | -€533 | -1.1% |
| Amounts payable | 17/49 | €195,982 | €170,042 | -€25,940 | -13.2% |
| Amounts payable after more than one year | 17 | €161,488 | €143,640 | -€17,847 | -11.1% |
| Financial debts | 170/4 | €161,488 | €143,640 | -€17,847 | -11.1% |
| Amounts payable within one year | 42/48 | €33,694 | €19,382 | -€14,312 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €17,650 | €17,847 | +€198 | +1.1% |
| Trade debts | 44 | €273 | €1,486 | +€1,214 | +445% |
| Suppliers | 440/4 | €273 | €1,486 | +€1,214 | +445% |
| Taxes, remuneration and social security | 45 | €12,263 | €48 | -€12,215 | -99.6% |
| Taxes | 450/3 | €12,263 | €48 | -€12,215 | -99.6% |
| Other amounts payable | 47/48 | €3,509 | - | -€3,509 | |
| Accrued charges and deferred income | 492/3 | €800 | €7,020 | +€6,220 | +778% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,499 | €10,499 | = | 0.0% |
| Other operating charges | 640/8 | €2,018 | €854 | -€1,164 | -57.7% |
| Gross operating margin | 9900 | €13,753 | €13,277 | -€476 | -3.5% |
| Operating profit (loss) | 9901 | €1,236 | €1,924 | +€688 | +55.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,029 | €2,427 | -€601 | -19.9% |
| Recurring financial charges | 65 | €3,029 | €2,427 | -€601 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,793 | -€503 | +€1,290 | +71.9% |
| Income taxes | 67/77 | - | €30 | +€30 | |
| Profit (loss) for the period | 9904 | -€1,793 | -€533 | +€1,260 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,793 | -€533 | +€1,260 | +70.2% |
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 24 October 2026 via checked.be.