JVB TECHNICS: 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 TECHNICS
Largest movements
- Cash -€50,932
down €50,932 (-64.1%), from €79,434 to €28,502
mainly Receivables within one year (-€33,256) and Tax, wage and social debts (-€32,286)
- Receivables within one year +€33,256
up €33,256 (+152.6%), from €21,790 to €55,046
of which Trade receivables: +€26,918
- Tangible fixed assets -€2,578
down €2,578 (-13.9%), from €18,611 to €16,033
of which Furniture and vehicles: -€2,088
- Deferred charges and accrued income +€1,530
up €1,530 (+107.7%), from €1,420 to €2,950
- Tax, wage and social debts -€32,286
down €32,286 (-62.9%), from €51,329 to €19,043
of which Taxes: -€23,705
- Trade debts +€12,302
up €12,302 (+175.4%), from €7,013 to €19,315
- Short-term financial debts +€6,713
new in 2025: €6,713
- Debts after one year -€3,348
down €3,348 (-100.0%), from €3,348 to €0
- Current portion of long-term debt -€3,316
down €3,316 (-49.8%), from €6,664 to €3,348
- Gross operating margin -€72,582
down €72,582 (-31.3%), from €232,067 to €159,485
- Staff costs -€17,145
down €17,145 (-10.7%), from €160,074 to €142,928
- Taxes -€13,442
down €13,442 (-79.1%), from €17,001 to €3,559
- Depreciation +€3,080
up €3,080 (+41.3%), from €7,453 to €10,534
- Other operating charges -€2,815
down €2,815 (-47.7%), from €5,896 to €3,081
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 | €124,831 | €106,107 | -€18,724 | -15.0% |
| Fixed assets | 21/28 | €22,187 | €19,609 | -€2,578 | -11.6% |
| Tangible fixed assets | 22/27 | €18,611 | €16,033 | -€2,578 | -13.9% |
| Land and buildings | 22 | €5,387 | €5,818 | +€432 | +8.0% |
| Plant, machinery and equipment | 23 | €2,356 | €1,434 | -€922 | -39.1% |
| Furniture and vehicles | 24 | €10,869 | €8,781 | -€2,088 | -19.2% |
| Financial fixed assets | 28 | €3,576 | €3,576 | = | 0.0% |
| Current assets | 29/58 | €102,645 | €86,498 | -€16,146 | -15.7% |
| Amounts receivable within one year | 40/41 | €21,790 | €55,046 | +€33,256 | +152.6% |
| Trade receivables | 40 | €20,917 | €47,835 | +€26,918 | +128.7% |
| Other amounts receivable | 41 | €873 | €7,211 | +€6,338 | +725.6% |
| Cash at bank and in hand | 54/58 | €79,434 | €28,502 | -€50,932 | -64.1% |
| Deferred charges and accrued income | 490/1 | €1,420 | €2,950 | +€1,530 | +107.7% |
| Total equity and liabilities | 10/49 | €124,831 | €106,107 | -€18,724 | -15.0% |
| Equity | 10/15 | €50,148 | €49,144 | -€1,005 | -2.0% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €41,000 | €41,000 | = | 0.0% |
| Distributable reserves | 133 | €41,000 | €41,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,648 | €2,644 | -€1,005 | -27.5% |
| Amounts payable | 17/49 | €74,683 | €56,964 | -€17,719 | -23.7% |
| Amounts payable after more than one year | 17 | €3,348 | €0 | -€3,348 | -100.0% |
| Financial debts | 170/4 | €3,348 | €0 | -€3,348 | -100.0% |
| Amounts payable within one year | 42/48 | €71,335 | €56,364 | -€14,971 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €6,664 | €3,348 | -€3,316 | -49.8% |
| Financial debts | 43 | - | €6,713 | +€6,713 | |
| Credit institutions | 430/8 | - | €6,713 | +€6,713 | |
| Trade debts | 44 | €7,013 | €19,315 | +€12,302 | +175.4% |
| Suppliers | 440/4 | €7,013 | €19,315 | +€12,302 | +175.4% |
| Taxes, remuneration and social security | 45 | €51,329 | €19,043 | -€32,286 | -62.9% |
| Taxes | 450/3 | €39,391 | €15,686 | -€23,705 | -60.2% |
| Remuneration and social security | 454/9 | €11,938 | €3,357 | -€8,580 | -71.9% |
| Other amounts payable | 47/48 | €6,329 | €7,945 | +€1,616 | +25.5% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €160,074 | €142,928 | -€17,145 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,453 | €10,534 | +€3,080 | +41.3% |
| Other operating charges | 640/8 | €5,896 | €3,081 | -€2,815 | -47.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €232,067 | €159,485 | -€72,582 | -31.3% |
| Operating profit (loss) | 9901 | €58,644 | €2,942 | -€55,702 | -95.0% |
| Financial income | 75/76B | €0 | €40 | +€40 | +15234.6% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +15234.6% |
| Financial charges | 65/66B | €218 | €427 | +€210 | +96.5% |
| Recurring financial charges | 65 | €218 | €427 | +€210 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €58,426 | €2,554 | -€55,872 | -95.6% |
| Income taxes | 67/77 | €17,001 | €3,559 | -€13,442 | -79.1% |
| Profit (loss) for the period | 9904 | €41,425 | -€1,005 | -€42,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,425 | -€1,005 | -€42,430 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.