JVB CONCEPT: 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 CONCEPT
Largest movements
- Cash -€3,470
down €3,470 (-85.3%), from €4,066 to €596
mainly Net result for the year (-€7,470) and Receivables within one year (-€1,507)
- Tangible fixed assets -€1,630
down €1,630 (-37.7%), from €4,318 to €2,688
- Receivables within one year +€1,507
up €1,507 (+11.2%), from €13,449 to €14,955
of which Other amounts receivable: +€6,787
- Profit (loss) carried forward -€7,470
down €7,470 (-19.0%), from -€39,358 to -€46,828
- Short-term financial debts +€6,637
new in 2025: €6,637
- Tax, wage and social debts -€1,435
down €1,435 (-82.9%), from €1,730 to €296
- Other debts -€795
down €795 (-9.5%), from €8,412 to €7,617
- Trade debts -€492
down €492 (-39.4%), from €1,248 to €756
- Gross operating margin -€38,316
down €38,316, from €33,239 to -€5,078
- Financial charges -€3,759
down €3,759 (-82.4%), from €4,562 to €803
- Depreciation +€1,058
up €1,058 (+185.2%), from €572 to €1,630
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 | €22,133 | €18,577 | -€3,555 | -16.1% |
| Fixed assets | 21/28 | €4,318 | €2,688 | -€1,630 | -37.7% |
| Tangible fixed assets | 22/27 | €4,318 | €2,688 | -€1,630 | -37.7% |
| Furniture and vehicles | 24 | €4,318 | €2,688 | -€1,630 | -37.7% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €17,814 | €15,889 | -€1,925 | -10.8% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €13,449 | €14,955 | +€1,507 | +11.2% |
| Trade receivables | 40 | €12,540 | €7,260 | -€5,280 | -42.1% |
| Other amounts receivable | 41 | €909 | €7,695 | +€6,787 | +747.0% |
| Cash at bank and in hand | 54/58 | €4,066 | €596 | -€3,470 | -85.3% |
| Deferred charges and accrued income | 490/1 | €300 | €338 | +€37 | +12.5% |
| Total equity and liabilities | 10/49 | €22,133 | €18,577 | -€3,555 | -16.1% |
| Equity | 10/15 | €10,742 | €3,272 | -€7,470 | -69.5% |
| Contributions | 10/11 | €50,100 | €50,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,358 | -€46,828 | -€7,470 | -19.0% |
| Amounts payable | 17/49 | €11,391 | €15,305 | +€3,915 | +34.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,391 | €15,305 | +€3,915 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | - | €6,637 | +€6,637 | |
| Credit institutions | 430/8 | - | €6,637 | +€6,637 | |
| Trade debts | 44 | €1,248 | €756 | -€492 | -39.4% |
| Suppliers | 440/4 | €1,248 | €756 | -€492 | -39.4% |
| Taxes, remuneration and social security | 45 | €1,730 | €296 | -€1,435 | -82.9% |
| Taxes | 450/3 | €1,730 | €296 | -€1,435 | -82.9% |
| Other amounts payable | 47/48 | €8,412 | €7,617 | -€795 | -9.5% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €572 | €1,630 | +€1,058 | +185.2% |
| Other operating charges | 640/8 | €345 | €287 | -€58 | -16.8% |
| Gross operating margin | 9900 | €33,239 | -€5,078 | -€38,316 | |
| Operating profit (loss) | 9901 | €32,322 | -€6,995 | -€39,317 | |
| Financial income | 75/76B | - | €328 | +€328 | |
| Recurring financial income | 75 | - | €328 | +€328 | |
| Financial charges | 65/66B | €4,562 | €803 | -€3,759 | -82.4% |
| Recurring financial charges | 65 | €4,562 | €803 | -€3,759 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €27,760 | -€7,470 | -€35,230 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €27,760 | -€7,470 | -€35,230 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,760 | -€7,470 | -€35,230 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.