JVB Building: what changed
Two fiscal 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.
JVB Building
Largest movements
- Stocks and contracts +€26,250
new in 2025: €26,250
- Cash +€8,554
up €8,554 (+324.4%), from €2,637 to €11,191
mainly Trade debts (+€34,814) and Receivables within one year (+€5,695)
- Receivables within one year -€5,695
down €5,695 (-21.9%), from €26,037 to €20,342
of which Trade receivables: -€7,829
- Tangible fixed assets +€1,354
up €1,354 (+13.6%), from €9,985 to €11,339
of which Plant, machinery and equipment: +€5,882
- Trade debts +€34,814
up €34,814 (+485.8%), from €7,166 to €41,980
- Profit (loss) carried forward -€7,560
down €7,560 (-102.3%), from -€7,391 to -€14,950
- Other debts +€1,963
new in 2025: €1,963
- Accrued charges and deferred income +€1,718
up €1,718 (+1687.4%), from €102 to €1,820
- Gross operating margin -€148,580
down €148,580, from €145,220 to -€3,360
- Staff costs -€106,383
no longer reported in 2025 (was €106,383)
- Financial charges -€11,590
down €11,590 (-94.8%), from €12,222 to €633
of which Non-recurring financial charges: -€8,562
- Other operating charges -€5,260
down €5,260 (-87.3%), from €6,027 to €766
- Financial income -€2,142
down €2,142 (-75.8%), from €2,825 to €682
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.
Cash bridge derived
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 | €39,984 | €71,041 | +€31,057 | +77.7% |
| Fixed assets | 21/28 | €9,985 | €11,339 | +€1,354 | +13.6% |
| Tangible fixed assets | 22/27 | €9,985 | €11,339 | +€1,354 | +13.6% |
| Plant, machinery and equipment | 23 | - | €5,882 | +€5,882 | |
| Furniture and vehicles | 24 | €9,985 | €5,457 | -€4,528 | -45.3% |
| Current assets | 29/58 | €29,999 | €59,701 | +€29,703 | +99.0% |
| Stocks and contracts in progress | 3 | - | €26,250 | +€26,250 | |
| Stocks | 30/36 | - | €26,250 | +€26,250 | |
| Amounts receivable within one year | 40/41 | €26,037 | €20,342 | -€5,695 | -21.9% |
| Trade receivables | 40 | €19,983 | €12,154 | -€7,829 | -39.2% |
| Other amounts receivable | 41 | €6,054 | €8,187 | +€2,134 | +35.2% |
| Cash at bank and in hand | 54/58 | €2,637 | €11,191 | +€8,554 | +324.4% |
| Deferred charges and accrued income | 490/1 | €1,325 | €1,919 | +€594 | +44.9% |
| Total equity and liabilities | 10/49 | €39,984 | €71,041 | +€31,057 | +77.7% |
| Equity | 10/15 | €30,400 | €22,840 | -€7,560 | -24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,790 | €36,790 | = | 0.0% |
| Distributable reserves | 133 | €36,790 | €36,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,391 | -€14,950 | -€7,560 | -102.3% |
| Amounts payable | 17/49 | €9,584 | €48,201 | +€38,617 | +402.9% |
| Amounts payable within one year | 42/48 | €9,482 | €46,381 | +€36,899 | +389.1% |
| Trade debts | 44 | €7,166 | €41,980 | +€34,814 | +485.8% |
| Suppliers | 440/4 | €7,166 | €41,980 | +€34,814 | +485.8% |
| Taxes, remuneration and social security | 45 | €2,316 | €2,438 | +€122 | +5.3% |
| Taxes | 450/3 | €1,901 | €2,023 | +€122 | +6.4% |
| Remuneration and social security | 454/9 | €415 | €415 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,963 | +€1,963 | |
| Accrued charges and deferred income | 492/3 | €102 | €1,820 | +€1,718 | +1687.4% |
| Remuneration, social security and pensions | 62 | €106,383 | - | -€106,383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,918 | €3,361 | +€1,443 | +75.2% |
| Other operating charges | 640/8 | €6,027 | €766 | -€5,260 | -87.3% |
| Gross operating margin | 9900 | €145,220 | -€3,360 | -€148,580 | |
| Operating profit (loss) | 9901 | €30,892 | -€7,487 | -€38,379 | |
| Financial income | 75/76B | €2,825 | €682 | -€2,142 | -75.8% |
| Recurring financial income | 75 | €2,825 | €682 | -€2,142 | -75.8% |
| Financial charges | 65/66B | €12,222 | €633 | -€11,590 | -94.8% |
| Recurring financial charges | 65 | €3,660 | €633 | -€3,028 | -82.7% |
| Non-recurring financial charges | 66B | €8,562 | - | -€8,562 | |
| Profit (loss) for the period before taxes | 9903 | €21,494 | -€7,437 | -€28,932 | |
| Income taxes | 67/77 | €1,901 | €122 | -€1,779 | -93.6% |
| Profit (loss) for the period | 9904 | €19,593 | -€7,560 | -€27,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,593 | -€7,560 | -€27,153 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.