JVC EVENTING: 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 EVENTING
Largest movements
- Stocks and contracts -€13,750
down €13,750 (-73.3%), from €18,750 to €5,000
of which Contracts in progress: -€11,000
- Tangible fixed assets -€13,218
down €13,218 (-20.6%), from €64,204 to €50,986
of which Plant, machinery and equipment: -€8,872
- Current portion of long-term debt -€25,500
down €25,500 (-69.2%), from €36,875 to €11,375
- Debts after one year -€11,375
down €11,375 (-96.5%), from €11,792 to €417
- Other debts +€9,078
up €9,078 (+459.3%), from €1,977 to €11,055
- Profit (loss) carried forward -€7,680
down €7,680 (-18.8%), from -€40,934 to -€48,614
- Short-term financial debts +€7,000
up €7,000 (+127.3%), from €5,500 to €12,500
- Gross operating margin -€3,259
down €3,259 (-26.3%), from €12,381 to €9,123
- Staff costs -€2,858
no longer reported in 2025 (was €2,858)
- Depreciation +€1,548
up €1,548 (+12.0%), from €12,909 to €14,457
- Financial charges -€1,222
down €1,222 (-55.0%), from €2,224 to €1,002
- Other operating charges -€904
down €904 (-40.2%), from €2,249 to €1,345
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 | €103,350 | €76,815 | -€26,535 | -25.7% |
| Fixed assets | 21/28 | €66,362 | €53,144 | -€13,218 | -19.9% |
| Tangible fixed assets | 22/27 | €64,204 | €50,986 | -€13,218 | -20.6% |
| Plant, machinery and equipment | 23 | €48,281 | €39,409 | -€8,872 | -18.4% |
| Furniture and vehicles | 24 | €15,923 | €11,577 | -€4,346 | -27.3% |
| Financial fixed assets | 28 | €2,158 | €2,158 | = | 0.0% |
| Current assets | 29/58 | €36,988 | €23,670 | -€13,317 | -36.0% |
| Stocks and contracts in progress | 3 | €18,750 | €5,000 | -€13,750 | -73.3% |
| Stocks | 30/36 | €2,750 | - | -€2,750 | |
| Contracts in progress | 37 | €16,000 | €5,000 | -€11,000 | -68.8% |
| Amounts receivable within one year | 40/41 | €15,453 | €15,085 | -€368 | -2.4% |
| Trade receivables | 40 | €14,479 | €14,384 | -€95 | -0.7% |
| Other amounts receivable | 41 | €975 | €701 | -€273 | -28.0% |
| Cash at bank and in hand | 54/58 | €2,784 | €3,585 | +€801 | +28.8% |
| Total equity and liabilities | 10/49 | €103,350 | €76,815 | -€26,535 | -25.7% |
| Equity | 10/15 | €9,066 | €1,386 | -€7,680 | -84.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,934 | -€48,614 | -€7,680 | -18.8% |
| Amounts payable | 17/49 | €94,284 | €75,429 | -€18,855 | -20.0% |
| Amounts payable after more than one year | 17 | €11,792 | €417 | -€11,375 | -96.5% |
| Financial debts | 170/4 | €11,792 | €417 | -€11,375 | -96.5% |
| Amounts payable within one year | 42/48 | €78,435 | €74,838 | -€3,597 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €36,875 | €11,375 | -€25,500 | -69.2% |
| Financial debts | 43 | €5,500 | €12,500 | +€7,000 | +127.3% |
| Other loans | 439 | €5,500 | €12,500 | +€7,000 | +127.3% |
| Trade debts | 44 | €24,755 | €28,448 | +€3,693 | +14.9% |
| Suppliers | 440/4 | €24,755 | €28,448 | +€3,693 | +14.9% |
| Taxes, remuneration and social security | 45 | €9,328 | €11,460 | +€2,131 | +22.8% |
| Taxes | 450/3 | €9,302 | €9,412 | +€110 | +1.2% |
| Remuneration and social security | 454/9 | €26 | €2,047 | +€2,021 | +7711.0% |
| Other amounts payable | 47/48 | €1,977 | €11,055 | +€9,078 | +459.3% |
| Accrued charges and deferred income | 492/3 | €4,057 | €175 | -€3,882 | -95.7% |
| Remuneration, social security and pensions | 62 | €2,858 | - | -€2,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,909 | €14,457 | +€1,548 | +12.0% |
| Other operating charges | 640/8 | €2,249 | €1,345 | -€904 | -40.2% |
| Gross operating margin | 9900 | €12,381 | €9,123 | -€3,259 | -26.3% |
| Operating profit (loss) | 9901 | -€5,634 | -€6,679 | -€1,045 | -18.5% |
| Financial income | 75/76B | €48 | €1 | -€48 | -98.8% |
| Recurring financial income | 75 | €48 | €1 | -€48 | -98.8% |
| Financial charges | 65/66B | €2,224 | €1,002 | -€1,222 | -55.0% |
| Recurring financial charges | 65 | €2,224 | €1,002 | -€1,222 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,810 | -€7,680 | +€129 | +1.7% |
| Profit (loss) for the period | 9904 | -€7,810 | -€7,680 | +€129 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,810 | -€7,680 | +€129 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.