JVC Consulting: 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.
JVC Consulting
Largest movements
- Cash -€137,155
down €137,155 (-82.9%), from €165,378 to €28,223
mainly Contributions, distributions and other (-€452,088) and Receivables within one year (-€33,341)
- Receivables within one year +€33,341
up €33,341, from €0 to €33,341
of which Trade receivables: +€33,275
- Tangible fixed assets -€21,965
down €21,965 (-7.2%), from €305,793 to €283,827
of which Land and buildings: -€16,000
- Receivables after one year -€6,500
down €6,500 (-7.1%), from €91,500 to €85,000
- Reserves -€224,540
down €224,540 (-100%), from €224,540 to €0
- Other debts +€127,218
up €127,218 (+233%), from €54,529 to €181,747
- Debts after one year -€30,646
down €30,646 (-15.4%), from €199,602 to €168,956
- Gross operating margin +€78,099
up €78,099 (+30.5%), from €255,752 to €333,852
- Taxes +€16,543
up €16,543 (+29.6%), from €55,943 to €72,486
- Financial income -€9,147
down €9,147 (-59.4%), from €15,394 to €6,247
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 | €578,950 | €451,546 | -€127,404 | -22.0% |
| Fixed assets | 21/28 | €305,793 | €283,827 | -€21,965 | -7.2% |
| Tangible fixed assets | 22/27 | €305,793 | €283,827 | -€21,965 | -7.2% |
| Land and buildings | 22 | €272,000 | €256,000 | -€16,000 | -5.9% |
| Plant, machinery and equipment | 23 | €6,726 | €4,976 | -€1,750 | -26.0% |
| Furniture and vehicles | 24 | €2,711 | €3,473 | +€762 | +28.1% |
| Other tangible fixed assets | 26 | €24,355 | €19,378 | -€4,978 | -20.4% |
| Current assets | 29/58 | €273,157 | €167,719 | -€105,438 | -38.6% |
| Amounts receivable after more than one year | 29 | €91,500 | €85,000 | -€6,500 | -7.1% |
| Other amounts receivable | 291 | €91,500 | €85,000 | -€6,500 | -7.1% |
| Amounts receivable within one year | 40/41 | €0 | €33,341 | +€33,341 | |
| Trade receivables | 40 | €0 | €33,275 | +€33,275 | |
| Other amounts receivable | 41 | €0 | €66 | +€66 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €165,378 | €28,223 | -€137,155 | -82.9% |
| Deferred charges and accrued income | 490/1 | €16,279 | €21,155 | +€4,876 | +30.0% |
| Total equity and liabilities | 10/49 | €578,950 | €451,546 | -€127,404 | -22.0% |
| Equity | 10/15 | €243,140 | €18,600 | -€224,540 | -92.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,540 | €0 | -€224,540 | -100% |
| Distributable reserves | 133 | €224,540 | €0 | -€224,540 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €335,810 | €432,946 | +€97,136 | +28.9% |
| Amounts payable after more than one year | 17 | €199,602 | €168,956 | -€30,646 | -15.4% |
| Financial debts | 170/4 | €199,602 | €168,956 | -€30,646 | -15.4% |
| Amounts payable within one year | 42/48 | €136,169 | €263,990 | +€127,822 | +93.9% |
| Current portion of amounts payable after more than one year | 42 | €35,189 | €30,646 | -€4,542 | -12.9% |
| Financial debts | 43 | €13,333 | €13,333 | = | 0.0% |
| Credit institutions | 430/8 | €13,333 | €13,333 | = | 0.0% |
| Trade debts | 44 | €715 | €2,213 | +€1,498 | +209% |
| Suppliers | 440/4 | €715 | €2,213 | +€1,498 | +209% |
| Taxes, remuneration and social security | 45 | €32,403 | €36,051 | +€3,648 | +11.3% |
| Taxes | 450/3 | €32,403 | €36,051 | +€3,648 | +11.3% |
| Other amounts payable | 47/48 | €54,529 | €181,747 | +€127,218 | +233% |
| Accrued charges and deferred income | 492/3 | €39 | €0 | -€39 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,155 | €24,465 | +€310 | +1.3% |
| Other operating charges | 640/8 | €1,823 | €1,826 | +€4 | +0.2% |
| Gross operating margin | 9900 | €255,752 | €333,852 | +€78,099 | +30.5% |
| Operating profit (loss) | 9901 | €229,774 | €307,560 | +€77,785 | +33.9% |
| Financial income | 75/76B | €15,394 | €6,247 | -€9,147 | -59.4% |
| Recurring financial income | 75 | €15,394 | €6,247 | -€9,147 | -59.4% |
| Financial charges | 65/66B | €11,442 | €13,773 | +€2,331 | +20.4% |
| Recurring financial charges | 65 | €11,442 | €13,773 | +€2,331 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €233,727 | €300,034 | +€66,307 | +28.4% |
| Income taxes | 67/77 | €55,943 | €72,486 | +€16,543 | +29.6% |
| Profit (loss) for the period | 9904 | €177,784 | €227,548 | +€49,764 | +28.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €177,784 | €227,548 | +€49,764 | +28.0% |
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 25 October 2026 via checked.be.