JV HR Consultancy: 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 HR Consultancy
Largest movements
- Current investments +€300,000
up €300,000 (+200%), from €150,000 to €450,000
- Cash -€150,091
down €150,091 (-26.1%), from €575,551 to €425,460
mainly Current investments (-€300,000) and Investment in fixed assets (net) (-€3,366)
- Receivables within one year -€48,206
down €48,206 (-34.4%), from €140,036 to €91,830
of which Other amounts receivable: -€32,945
- Tangible fixed assets -€14,736
down €14,736 (-48.4%), from €30,472 to €15,736
of which Furniture and vehicles: -€15,062
- Reserves +€77,909
up €77,909 (+9.2%), from €843,200 to €921,109
- Financial income +€8,752
up €8,752 (+81.8%), from €10,699 to €19,451
- Gross operating margin -€7,417
down €7,417 (-6.2%), from €119,673 to €112,256
- Financial charges +€1,664
up €1,664 (+103%), from €1,623 to €3,287
- Depreciation -€1,332
down €1,332 (-6.9%), from €19,434 to €18,102
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 | €896,060 | €983,026 | +€86,967 | +9.7% |
| Fixed assets | 21/28 | €30,472 | €15,736 | -€14,736 | -48.4% |
| Tangible fixed assets | 22/27 | €30,472 | €15,736 | -€14,736 | -48.4% |
| Plant, machinery and equipment | 23 | €11,054 | €11,380 | +€326 | +3.0% |
| Furniture and vehicles | 24 | €19,419 | €4,356 | -€15,062 | -77.6% |
| Current assets | 29/58 | €865,588 | €967,290 | +€101,702 | +11.7% |
| Amounts receivable within one year | 40/41 | €140,036 | €91,830 | -€48,206 | -34.4% |
| Trade receivables | 40 | €41,261 | €26,000 | -€15,261 | -37.0% |
| Other amounts receivable | 41 | €98,775 | €65,830 | -€32,945 | -33.4% |
| Current investments | 50/53 | €150,000 | €450,000 | +€300,000 | +200% |
| Cash at bank and in hand | 54/58 | €575,551 | €425,460 | -€150,091 | -26.1% |
| Total equity and liabilities | 10/49 | €896,060 | €983,026 | +€86,967 | +9.7% |
| Equity | 10/15 | €849,400 | €927,309 | +€77,909 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €843,200 | €921,109 | +€77,909 | +9.2% |
| Distributable reserves | 133 | €843,200 | €921,109 | +€77,909 | +9.2% |
| Amounts payable | 17/49 | €46,660 | €55,718 | +€9,058 | +19.4% |
| Amounts payable within one year | 42/48 | €45,312 | €55,718 | +€10,405 | +23.0% |
| Financial debts | 43 | €27,019 | €27,112 | +€93 | +0.3% |
| Credit institutions | 430/8 | €27,019 | €27,112 | +€93 | +0.3% |
| Trade debts | 44 | - | €1,933 | +€1,933 | |
| Suppliers | 440/4 | - | €1,933 | +€1,933 | |
| Taxes, remuneration and social security | 45 | €18,293 | €26,672 | +€8,379 | +45.8% |
| Taxes | 450/3 | €18,293 | €21,638 | +€3,345 | +18.3% |
| Remuneration and social security | 454/9 | - | €5,034 | +€5,034 | |
| Accrued charges and deferred income | 492/3 | €1,348 | - | -€1,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,434 | €18,102 | -€1,332 | -6.9% |
| Other operating charges | 640/8 | €141 | €179 | +€39 | +27.5% |
| Gross operating margin | 9900 | €119,673 | €112,256 | -€7,417 | -6.2% |
| Operating profit (loss) | 9901 | €100,099 | €93,975 | -€6,124 | -6.1% |
| Financial income | 75/76B | €10,699 | €19,451 | +€8,752 | +81.8% |
| Recurring financial income | 75 | €10,699 | €19,451 | +€8,752 | +81.8% |
| Financial charges | 65/66B | €1,623 | €3,287 | +€1,664 | +103% |
| Recurring financial charges | 65 | €1,623 | €3,287 | +€1,664 | +103% |
| Profit (loss) for the period before taxes | 9903 | €109,175 | €110,139 | +€965 | +0.9% |
| Income taxes | 67/77 | €31,758 | €32,230 | +€472 | +1.5% |
| Profit (loss) for the period | 9904 | €77,416 | €77,909 | +€492 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,416 | €77,909 | +€492 | +0.6% |
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.