JVB Verzekeringen: 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 Verzekeringen
Largest movements
- Cash +€172,527
up €172,527 (+198%), from €87,294 to €259,820
mainly Trade debts (+€256,472) and Depreciation (+€86,369)
- Tangible fixed assets -€112,030
down €112,030 (-9.4%), from €1.2m to €1.1m
of which Furniture and vehicles: -€100,691
- Receivables within one year +€82,033
up €82,033 (+68.5%), from €119,767 to €201,800
of which Other amounts receivable: +€52,520
- Trade debts +€256,472
up €256,472 (+3,285%), from €7,809 to €264,280
- Advances received -€116,659
down €116,659 (-100%), from €116,659 to €0
- Tax, wage and social debts -€58,079
down €58,079 (-79.9%), from €72,648 to €14,569
of which Remuneration and social security: -€40,084
- Reserves +€55,000
up €55,000 (+30.9%), from €178,000 to €233,000
- Other debts -€33,796
down €33,796 (-57.9%), from €58,355 to €24,559
- Depreciation -€44,377
down €44,377 (-33.9%), from €130,745 to €86,369
- Gross operating margin -€12,774
down €12,774 (-1.9%), from €685,829 to €673,056
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 | €1,418,248 | €1,550,649 | +€132,400 | +9.3% |
| Fixed assets | 21/28 | €1,197,313 | €1,085,283 | -€112,030 | -9.4% |
| Tangible fixed assets | 22/27 | €1,197,313 | €1,085,283 | -€112,030 | -9.4% |
| Land and buildings | 22 | €1,053,854 | €1,045,883 | -€7,971 | -0.8% |
| Plant, machinery and equipment | 23 | €5,194 | €8,375 | +€3,180 | +61.2% |
| Furniture and vehicles | 24 | €126,271 | €25,579 | -€100,691 | -79.7% |
| Other tangible fixed assets | 26 | €11,994 | €5,446 | -€6,548 | -54.6% |
| Current assets | 29/58 | €220,935 | €465,365 | +€244,430 | +111% |
| Amounts receivable within one year | 40/41 | €119,767 | €201,800 | +€82,033 | +68.5% |
| Trade receivables | 40 | €59,344 | €88,857 | +€29,512 | +49.7% |
| Other amounts receivable | 41 | €60,423 | €112,943 | +€52,520 | +86.9% |
| Cash at bank and in hand | 54/58 | €87,294 | €259,820 | +€172,527 | +198% |
| Deferred charges and accrued income | 490/1 | €13,874 | €3,745 | -€10,129 | -73.0% |
| Total equity and liabilities | 10/49 | €1,418,248 | €1,550,649 | +€132,400 | +9.3% |
| Equity | 10/15 | €196,999 | €252,033 | +€55,034 | +27.9% |
| Contributions | 10/11 | €18,930 | €18,930 | = | 0.0% |
| Reserves | 13 | €178,000 | €233,000 | +€55,000 | +30.9% |
| Distributable reserves | 133 | €178,000 | €233,000 | +€55,000 | +30.9% |
| Profit (loss) carried forward | 14 | €69 | €103 | +€34 | +49.4% |
| Amounts payable | 17/49 | €1,221,250 | €1,298,616 | +€77,366 | +6.3% |
| Amounts payable after more than one year | 17 | €867,200 | €880,481 | +€13,281 | +1.5% |
| Financial debts | 170/4 | €867,200 | €880,481 | +€13,281 | +1.5% |
| Amounts payable within one year | 42/48 | €354,002 | €418,135 | +€64,132 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €80,136 | €78,484 | -€1,652 | -2.1% |
| Financial debts | 43 | €18,396 | €36,242 | +€17,847 | +97.0% |
| Credit institutions | 430/8 | €18,396 | €36,242 | +€17,847 | +97.0% |
| Trade debts | 44 | €7,809 | €264,280 | +€256,472 | +3,285% |
| Suppliers | 440/4 | €7,809 | €264,280 | +€256,472 | +3,285% |
| Advances received on contracts in progress | 46 | €116,659 | €0 | -€116,659 | -100% |
| Taxes, remuneration and social security | 45 | €72,648 | €14,569 | -€58,079 | -79.9% |
| Taxes | 450/3 | €25,526 | €7,530 | -€17,995 | -70.5% |
| Remuneration and social security | 454/9 | €47,122 | €7,038 | -€40,084 | -85.1% |
| Other amounts payable | 47/48 | €58,355 | €24,559 | -€33,796 | -57.9% |
| Accrued charges and deferred income | 492/3 | €47 | €0 | -€47 | -100% |
| Non-recurring operating income | 76A | €0 | €13,303 | +€13,303 | |
| Remuneration, social security and pensions | 62 | €429,005 | €426,637 | -€2,368 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,745 | €86,369 | -€44,377 | -33.9% |
| Other operating charges | 640/8 | €5,565 | €5,220 | -€346 | -6.2% |
| Non-recurring operating charges | 66A | - | €51,493 | +€51,493 | |
| Gross operating margin | 9900 | €685,829 | €673,056 | -€12,774 | -1.9% |
| Operating profit (loss) | 9901 | €120,514 | €103,337 | -€17,176 | -14.3% |
| Financial income | 75/76B | €31 | €5,527 | +€5,496 | +17,639% |
| Recurring financial income | 75 | €31 | €5,527 | +€5,496 | +17,639% |
| Financial charges | 65/66B | €23,635 | €18,479 | -€5,156 | -21.8% |
| Recurring financial charges | 65 | €23,635 | €18,479 | -€5,156 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €96,910 | €90,386 | -€6,524 | -6.7% |
| Income taxes | 67/77 | €41,533 | €35,352 | -€6,181 | -14.9% |
| Profit (loss) for the period | 9904 | €55,377 | €55,034 | -€343 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,377 | €55,034 | -€343 | -0.6% |
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 18 October 2026 via checked.be.