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
- Stocks and contracts +€47,100
up €47,100 (+51.3%), from €91,808 to €138,908
- Receivables within one year +€17,573
up €17,573 (+48.8%), from €36,018 to €53,591
of which Trade receivables: +€10,005
- Tangible fixed assets -€13,504
down €13,504 (-13.4%), from €100,926 to €87,422
of which Furniture and vehicles: -€14,360
- Cash +€6,957
up €6,957 (+3.0%), from €229,042 to €235,999
mainly Net result for the year (+€58,271) and Depreciation (+€28,466)
- Reserves +€58,271
up €58,271 (+14.9%), from €390,759 to €449,030
- Trade debts +€10,859
up €10,859 (+1,767%), from €614 to €11,474
- Debts after one year -€10,159
down €10,159 (-37.4%), from €27,145 to €16,986
- Gross operating margin +€7,590
up €7,590 (+7.0%), from €107,986 to €115,576
- Taxes +€2,343
up €2,343 (+11.4%), from €20,534 to €22,877
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 | €459,368 | €516,722 | +€57,354 | +12.5% |
| Fixed assets | 21/28 | €102,118 | €87,834 | -€14,284 | -14.0% |
| Intangible fixed assets | 21 | €1,192 | €412 | -€780 | -65.4% |
| Tangible fixed assets | 22/27 | €100,926 | €87,422 | -€13,504 | -13.4% |
| Plant, machinery and equipment | 23 | €8,061 | €8,917 | +€856 | +10.6% |
| Furniture and vehicles | 24 | €92,865 | €78,505 | -€14,360 | -15.5% |
| Current assets | 29/58 | €357,250 | €428,888 | +€71,638 | +20.1% |
| Stocks and contracts in progress | 3 | €91,808 | €138,908 | +€47,100 | +51.3% |
| Stocks | 30/36 | €91,808 | €138,908 | +€47,100 | +51.3% |
| Amounts receivable within one year | 40/41 | €36,018 | €53,591 | +€17,573 | +48.8% |
| Trade receivables | 40 | €19,995 | €30,001 | +€10,005 | +50.0% |
| Other amounts receivable | 41 | €16,022 | €23,590 | +€7,568 | +47.2% |
| Cash at bank and in hand | 54/58 | €229,042 | €235,999 | +€6,957 | +3.0% |
| Deferred charges and accrued income | 490/1 | €382 | €390 | +€8 | +2.0% |
| Total equity and liabilities | 10/49 | €459,368 | €516,722 | +€57,354 | +12.5% |
| Equity | 10/15 | €410,759 | €469,030 | +€58,271 | +14.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €390,759 | €449,030 | +€58,271 | +14.9% |
| Distributable reserves | 133 | €390,759 | €449,030 | +€58,271 | +14.9% |
| Amounts payable | 17/49 | €48,609 | €47,692 | -€917 | -1.9% |
| Amounts payable after more than one year | 17 | €27,145 | €16,986 | -€10,159 | -37.4% |
| Financial debts | 170/4 | €27,145 | €16,986 | -€10,159 | -37.4% |
| Amounts payable within one year | 42/48 | €21,464 | €30,706 | +€9,242 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €11,798 | €12,204 | +€406 | +3.4% |
| Trade debts | 44 | €614 | €11,474 | +€10,859 | +1,767% |
| Suppliers | 440/4 | €614 | €11,474 | +€10,859 | +1,767% |
| Taxes, remuneration and social security | 45 | €7,949 | €6,989 | -€960 | -12.1% |
| Taxes | 450/3 | €7,949 | €6,989 | -€960 | -12.1% |
| Other amounts payable | 47/48 | €1,103 | €40 | -€1,063 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,780 | €28,466 | -€315 | -1.1% |
| Other operating charges | 640/8 | €1,525 | €764 | -€761 | -49.9% |
| Gross operating margin | 9900 | €107,986 | €115,576 | +€7,590 | +7.0% |
| Operating profit (loss) | 9901 | €77,681 | €86,347 | +€8,666 | +11.2% |
| Financial income | 75/76B | €785 | €279 | -€505 | -64.4% |
| Recurring financial income | 75 | €785 | €279 | -€505 | -64.4% |
| Financial charges | 65/66B | €6,023 | €5,478 | -€545 | -9.0% |
| Recurring financial charges | 65 | €6,023 | €5,478 | -€545 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €72,442 | €81,148 | +€8,706 | +12.0% |
| Income taxes | 67/77 | €20,534 | €22,877 | +€2,343 | +11.4% |
| Profit (loss) for the period | 9904 | €51,909 | €58,271 | +€6,363 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,909 | €58,271 | +€6,363 | +12.3% |
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 21 October 2026 via checked.be.