JV Technics: what changed
JV Technics
Largest movements
- Cash +€13,889
up €13,889 (+79.7%), from €17,437 to €31,326
mainly Net result for the year (+€71,161) and Current portion of long-term debt (+€24,365)
- Tangible fixed assets -€8,707
down €8,707 (-17.7%), from €49,055 to €40,348
of which Other tangible fixed assets: -€7,108
- Intangible fixed assets -€6,000
down €6,000 (-6.7%), from €89,998 to €83,999
- Debts after one year -€75,290
down €75,290 (-79.6%), from €94,600 to €19,310
- Reserves +€69,804
up €69,804 (+212%), from €32,862 to €102,666
- Current portion of long-term debt +€24,365
up €24,365 (+195%), from €12,524 to €36,888
- Contributions -€8,973
down €8,973 (-48.2%), from €18,600 to €9,627
- Trade debts -€8,512
down €8,512 (-97.8%), from €8,707 to €196
- Gross operating margin +€75,263
up €75,263 (+125%), from €60,150 to €135,414
- Taxes +€33,497
up €33,497 (+10,212%), from €328 to €33,825
- Staff costs -€32,622
down €32,622 (-83.0%), from €39,288 to €6,666
- Financial charges +€2,246
up €2,246 (+48.6%), from €4,618 to €6,864
of which Financial charges: +€2,220
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,852 | €168,687 | +€835 | +0.5% |
| Fixed assets | 21/28 | €139,733 | €125,027 | -€14,707 | -10.5% |
| Intangible fixed assets | 21 | €89,998 | €83,999 | -€6,000 | -6.7% |
| Tangible fixed assets | 22/27 | €49,055 | €40,348 | -€8,707 | -17.7% |
| Land and buildings | 22 | €1,470 | €1,176 | -€294 | -20.0% |
| Plant, machinery and equipment | 23 | €372 | €579 | +€207 | +55.7% |
| Furniture and vehicles | 24 | €2,886 | €1,374 | -€1,511 | -52.4% |
| Other tangible fixed assets | 26 | €44,327 | €37,219 | -€7,108 | -16.0% |
| Financial fixed assets | 28 | €680 | €680 | = | 0.0% |
| Current assets | 29/58 | €28,119 | €43,660 | +€15,541 | +55.3% |
| Amounts receivable within one year | 40/41 | €8,063 | €9,481 | +€1,419 | +17.6% |
| Trade receivables | 40 | €2,274 | €753 | -€1,521 | -66.9% |
| Other amounts receivable | 41 | €5,789 | €8,729 | +€2,940 | +50.8% |
| Cash at bank and in hand | 54/58 | €17,437 | €31,326 | +€13,889 | +79.7% |
| Deferred charges and accrued income | 490/1 | €2,620 | €2,853 | +€234 | +8.9% |
| Total equity and liabilities | 10/49 | €167,852 | €168,687 | +€835 | +0.5% |
| Equity | 10/15 | €50,105 | €112,293 | +€62,188 | +124% |
| Contributions | 10/11 | €18,600 | €9,627 | -€8,973 | -48.2% |
| Reserves | 13 | €32,862 | €102,666 | +€69,804 | +212% |
| Distributable reserves | 133 | €32,862 | €102,666 | +€69,804 | +212% |
| Profit (loss) carried forward | 14 | -€1,357 | - | +€1,357 | |
| Amounts payable | 17/49 | €117,747 | €56,394 | -€61,353 | -52.1% |
| Amounts payable after more than one year | 17 | €94,600 | €19,310 | -€75,290 | -79.6% |
| Financial debts | 170/4 | €94,600 | €19,310 | -€75,290 | -79.6% |
| Amounts payable within one year | 42/48 | €23,147 | €37,084 | +€13,937 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €12,524 | €36,888 | +€24,365 | +195% |
| Trade debts | 44 | €8,707 | €196 | -€8,512 | -97.8% |
| Suppliers | 440/4 | €8,707 | €196 | -€8,512 | -97.8% |
| Taxes, remuneration and social security | 45 | €1,916 | - | -€1,916 | |
| Remuneration and social security | 454/9 | €1,916 | - | -€1,916 | |
| Remuneration, social security and pensions | 62 | €39,288 | €6,666 | -€32,622 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,527 | €15,299 | -€228 | -1.5% |
| Other operating charges | 640/8 | €3,200 | €2,793 | -€407 | -12.7% |
| Gross operating margin | 9900 | €60,150 | €135,414 | +€75,263 | +125% |
| Operating profit (loss) | 9901 | €2,135 | €110,656 | +€108,520 | +5,082% |
| Financial income | 75/76B | €1,453 | €1,194 | -€259 | -17.8% |
| Recurring financial income | 75 | €1,453 | €1,194 | -€259 | -17.8% |
| Financial charges | 65/66B | €4,618 | €6,864 | +€2,246 | +48.6% |
| Recurring financial charges | 65 | €4,406 | €6,625 | +€2,220 | +50.4% |
| Non-recurring financial charges | 66B | €212 | €238 | +€26 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,029 | €104,986 | +€106,015 | |
| Income taxes | 67/77 | €328 | €33,825 | +€33,497 | +10,212% |
| Profit (loss) for the period | 9904 | -€1,357 | €71,161 | +€72,518 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,357 | €71,161 | +€72,518 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.