JVB CHAUFFAGE: 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.
JVB CHAUFFAGE
Largest movements
- Cash +€52,709
up €52,709 (+56.1%), from €93,962 to €146,671
mainly Net result for the year (+€45,365) and Other debts (+€39,632)
- Tangible fixed assets -€7,445
down €7,445 (-8.3%), from €89,535 to €82,090
of which Furniture and vehicles: -€6,177
- Receivables within one year +€5,320
up €5,320 (+8.5%), from €62,615 to €67,935
of which Trade receivables: +€6,146
- Stocks and contracts +€3,367
up €3,367 (+26.3%), from €12,810 to €16,177
- Other debts +€39,632
up €39,632 (+727%), from €5,451 to €45,083
- Trade debts +€26,438
up €26,438 (+141%), from €18,780 to €45,218
- Tax, wage and social debts -€9,505
down €9,505 (-34.5%), from €27,561 to €18,056
of which Taxes: -€8,635
- Debts after one year -€7,209
down €7,209 (-37.0%), from €19,475 to €12,266
- Profit (loss) carried forward +€4,189
up €4,189 (+2.8%), from €150,471 to €154,660
- Staff costs +€47,597
up €47,597 (+102%), from €46,438 to €94,035
- Gross operating margin +€20,808
up €20,808 (+12.2%), from €170,262 to €191,070
- Depreciation +€6,562
up €6,562 (+25.3%), from €25,917 to €32,479
- Other operating charges -€2,289
down €2,289 (-62.9%), from €3,639 to €1,350
- Taxes +€2,153
up €2,153 (+11.4%), from €18,863 to €21,016
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 | €259,821 | €313,680 | +€53,859 | +20.7% |
| Fixed assets | 21/28 | €89,535 | €82,090 | -€7,445 | -8.3% |
| Tangible fixed assets | 22/27 | €89,535 | €82,090 | -€7,445 | -8.3% |
| Plant, machinery and equipment | 23 | €23,126 | €23,501 | +€375 | +1.6% |
| Furniture and vehicles | 24 | €58,818 | €52,641 | -€6,177 | -10.5% |
| Other tangible fixed assets | 26 | €7,591 | €5,948 | -€1,643 | -21.6% |
| Current assets | 29/58 | €170,286 | €231,590 | +€61,304 | +36.0% |
| Stocks and contracts in progress | 3 | €12,810 | €16,177 | +€3,367 | +26.3% |
| Stocks | 30/36 | €12,810 | €16,177 | +€3,367 | +26.3% |
| Amounts receivable within one year | 40/41 | €62,615 | €67,935 | +€5,320 | +8.5% |
| Trade receivables | 40 | €61,789 | €67,935 | +€6,146 | +9.9% |
| Other amounts receivable | 41 | €826 | - | -€826 | |
| Cash at bank and in hand | 54/58 | €93,962 | €146,671 | +€52,709 | +56.1% |
| Deferred charges and accrued income | 490/1 | €899 | €807 | -€92 | -10.2% |
| Total equity and liabilities | 10/49 | €259,821 | €313,680 | +€53,859 | +20.7% |
| Equity | 10/15 | €181,471 | €185,660 | +€4,189 | +2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,471 | €154,660 | +€4,189 | +2.8% |
| Amounts payable | 17/49 | €78,350 | €128,020 | +€49,670 | +63.4% |
| Amounts payable after more than one year | 17 | €19,475 | €12,266 | -€7,209 | -37.0% |
| Financial debts | 170/4 | €19,475 | €12,266 | -€7,209 | -37.0% |
| Amounts payable within one year | 42/48 | €58,875 | €115,754 | +€56,879 | +96.6% |
| Current portion of amounts payable after more than one year | 42 | €7,083 | €7,397 | +€314 | +4.4% |
| Trade debts | 44 | €18,780 | €45,218 | +€26,438 | +141% |
| Suppliers | 440/4 | €18,780 | €45,218 | +€26,438 | +141% |
| Taxes, remuneration and social security | 45 | €27,561 | €18,056 | -€9,505 | -34.5% |
| Taxes | 450/3 | €19,355 | €10,720 | -€8,635 | -44.6% |
| Remuneration and social security | 454/9 | €8,206 | €7,336 | -€870 | -10.6% |
| Other amounts payable | 47/48 | €5,451 | €45,083 | +€39,632 | +727% |
| Remuneration, social security and pensions | 62 | €46,438 | €94,035 | +€47,597 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,917 | €32,479 | +€6,562 | +25.3% |
| Other operating charges | 640/8 | €3,639 | €1,350 | -€2,289 | -62.9% |
| Gross operating margin | 9900 | €170,262 | €191,070 | +€20,808 | +12.2% |
| Operating profit (loss) | 9901 | €94,268 | €63,206 | -€31,062 | -33.0% |
| Financial income | 75/76B | €5,116 | €4,370 | -€746 | -14.6% |
| Recurring financial income | 75 | €5,116 | €4,370 | -€746 | -14.6% |
| Financial charges | 65/66B | €1,470 | €1,195 | -€275 | -18.7% |
| Recurring financial charges | 65 | €1,470 | €1,195 | -€275 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €97,914 | €66,381 | -€31,533 | -32.2% |
| Income taxes | 67/77 | €18,863 | €21,016 | +€2,153 | +11.4% |
| Profit (loss) for the period | 9904 | €79,051 | €45,365 | -€33,686 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,051 | €45,365 | -€33,686 | -42.6% |
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 16 October 2026 via checked.be.