JVB Sound & Live: 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 Sound & Live
Largest movements
- Tangible fixed assets -€18,652
down €18,652 (-30.0%), from €62,255 to €43,604
of which Furniture and vehicles: -€11,371
- Cash -€16,986
down €16,986 (-37.8%), from €44,988 to €28,001
mainly Net result for the year (-€23,707) and Debts after one year (-€10,017)
- Receivables within one year -€2,815
down €2,815 (-9.1%), from €30,806 to €27,991
of which Trade receivables: -€6,635
- Profit (loss) carried forward -€23,707
down €23,707 (-27.4%), from €86,457 to €62,749
- Debts after one year -€10,017
down €10,017 (-32.7%), from €30,667 to €20,651
- Tax, wage and social debts -€3,264
down €3,264 (-87.2%), from €3,745 to €481
- Trade debts -€2,165
down €2,165 (-28.6%), from €7,563 to €5,398
- Gross operating margin -€44,692
down €44,692, from €41,592 to -€3,100
- Financial charges -€20,071
down €20,071 (-91.2%), from €22,018 to €1,946
- Depreciation +€567
up €567 (+3.1%), from €18,085 to €18,652
- Taxes -€496
down €496 (-78.2%), from €634 to €139
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 | €141,288 | €102,938 | -€38,350 | -27.1% |
| Fixed assets | 21/28 | €62,255 | €43,604 | -€18,652 | -30.0% |
| Tangible fixed assets | 22/27 | €62,255 | €43,604 | -€18,652 | -30.0% |
| Plant, machinery and equipment | 23 | €19,364 | €12,083 | -€7,281 | -37.6% |
| Furniture and vehicles | 24 | €42,892 | €31,521 | -€11,371 | -26.5% |
| Current assets | 29/58 | €79,033 | €59,335 | -€19,698 | -24.9% |
| Amounts receivable within one year | 40/41 | €30,806 | €27,991 | -€2,815 | -9.1% |
| Trade receivables | 40 | €14,175 | €7,540 | -€6,635 | -46.8% |
| Other amounts receivable | 41 | €16,631 | €20,451 | +€3,820 | +23.0% |
| Cash at bank and in hand | 54/58 | €44,988 | €28,001 | -€16,986 | -37.8% |
| Deferred charges and accrued income | 490/1 | €3,239 | €3,343 | +€104 | +3.2% |
| Total equity and liabilities | 10/49 | €141,288 | €102,938 | -€38,350 | -27.1% |
| Equity | 10/15 | €89,457 | €65,749 | -€23,707 | -26.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,457 | €62,749 | -€23,707 | -27.4% |
| Amounts payable | 17/49 | €51,831 | €37,189 | -€14,642 | -28.3% |
| Amounts payable after more than one year | 17 | €30,667 | €20,651 | -€10,017 | -32.7% |
| Financial debts | 170/4 | €30,667 | €20,651 | -€10,017 | -32.7% |
| Amounts payable within one year | 42/48 | €20,838 | €16,161 | -€4,677 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €9,530 | €10,017 | +€487 | +5.1% |
| Financial debts | 43 | - | €266 | +€266 | |
| Credit institutions | 430/8 | - | €266 | +€266 | |
| Trade debts | 44 | €7,563 | €5,398 | -€2,165 | -28.6% |
| Suppliers | 440/4 | €7,563 | €5,398 | -€2,165 | -28.6% |
| Taxes, remuneration and social security | 45 | €3,745 | €481 | -€3,264 | -87.2% |
| Taxes | 450/3 | €3,745 | €481 | -€3,264 | -87.2% |
| Accrued charges and deferred income | 492/3 | €326 | €377 | +€51 | +15.6% |
| Non-recurring operating income | 76A | €1,425 | - | -€1,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,085 | €18,652 | +€567 | +3.1% |
| Other operating charges | 640/8 | €563 | €564 | +€1 | +0.1% |
| Gross operating margin | 9900 | €41,592 | -€3,100 | -€44,692 | |
| Operating profit (loss) | 9901 | €22,944 | -€22,315 | -€45,259 | |
| Financial income | 75/76B | €348 | €693 | +€345 | +99.1% |
| Recurring financial income | 75 | €348 | €693 | +€345 | +99.1% |
| Financial charges | 65/66B | €22,018 | €1,946 | -€20,071 | -91.2% |
| Recurring financial charges | 65 | €22,018 | €1,946 | -€20,071 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €1,274 | -€23,569 | -€24,843 | |
| Income taxes | 67/77 | €634 | €139 | -€496 | -78.2% |
| Profit (loss) for the period | 9904 | €640 | -€23,707 | -€24,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €640 | -€23,707 | -€24,347 |
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 21 October 2026 via checked.be.