JVC MACHINING: 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 MACHINING
Largest movements
- Cash +€86,087
up €86,087 (+79.4%), from €108,385 to €194,472
mainly Depreciation (+€65,401) and Net result for the year (+€39,663)
- Tangible fixed assets -€42,473
down €42,473 (-14.5%), from €293,423 to €250,950
of which Plant, machinery and equipment: -€36,561
- Receivables within one year -€34,747
down €34,747 (-62.6%), from €55,492 to €20,745
of which Other amounts receivable: -€25,795
- Receivables after one year -€30,757
down €30,757 (-23.0%), from €133,900 to €103,143
- Debts after one year -€39,618
down €39,618 (-21.7%), from €182,741 to €143,122
- Tax, wage and social debts +€9,620
up €9,620 (+42.0%), from €22,892 to €32,512
of which Remuneration and social security: +€10,412
- Gross operating margin +€55,166
up €55,166 (+20.7%), from €266,457 to €321,622
- Taxes +€12,586
up €12,586 (+199%), from €6,322 to €18,908
- Staff costs +€11,395
up €11,395 (+6.4%), from €178,927 to €190,322
- Depreciation +€4,860
up €4,860 (+8.0%), from €60,541 to €65,401
- Financial income -€4,230
down €4,230 (-92.2%), from €4,586 to €356
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 | €606,075 | €585,400 | -€20,675 | -3.4% |
| Fixed assets | 21/28 | €293,423 | €250,950 | -€42,473 | -14.5% |
| Tangible fixed assets | 22/27 | €293,423 | €250,950 | -€42,473 | -14.5% |
| Land and buildings | 22 | €171,831 | €162,865 | -€8,966 | -5.2% |
| Plant, machinery and equipment | 23 | €119,540 | €82,979 | -€36,561 | -30.6% |
| Furniture and vehicles | 24 | €2,052 | €5,105 | +€3,053 | +149% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €312,652 | €334,450 | +€21,799 | +7.0% |
| Amounts receivable after more than one year | 29 | €133,900 | €103,143 | -€30,757 | -23.0% |
| Other amounts receivable | 291 | €133,900 | €103,143 | -€30,757 | -23.0% |
| Stocks and contracts in progress | 3 | €10,052 | €8,263 | -€1,790 | -17.8% |
| Stocks | 30/36 | €10,052 | €8,263 | -€1,790 | -17.8% |
| Amounts receivable within one year | 40/41 | €55,492 | €20,745 | -€34,747 | -62.6% |
| Trade receivables | 40 | €29,698 | €20,745 | -€8,953 | -30.1% |
| Other amounts receivable | 41 | €25,795 | €0 | -€25,795 | -100% |
| Cash at bank and in hand | 54/58 | €108,385 | €194,472 | +€86,087 | +79.4% |
| Deferred charges and accrued income | 490/1 | €4,823 | €7,828 | +€3,005 | +62.3% |
| Total equity and liabilities | 10/49 | €606,075 | €585,400 | -€20,675 | -3.4% |
| Equity | 10/15 | €340,653 | €345,377 | +€4,723 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322,053 | €326,777 | +€4,723 | +1.5% |
| Distributable reserves | 133 | €322,053 | €326,777 | +€4,723 | +1.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €265,421 | €240,023 | -€25,398 | -9.6% |
| Amounts payable after more than one year | 17 | €182,741 | €143,122 | -€39,618 | -21.7% |
| Financial debts | 170/4 | €182,741 | €143,122 | -€39,618 | -21.7% |
| Amounts payable within one year | 42/48 | €82,681 | €96,901 | +€14,220 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €38,615 | €39,618 | +€1,004 | +2.6% |
| Trade debts | 44 | €454 | €108 | -€345 | -76.1% |
| Suppliers | 440/4 | €454 | €108 | -€345 | -76.1% |
| Taxes, remuneration and social security | 45 | €22,892 | €32,512 | +€9,620 | +42.0% |
| Taxes | 450/3 | €14,773 | €13,981 | -€792 | -5.4% |
| Remuneration and social security | 454/9 | €8,119 | €18,531 | +€10,412 | +128% |
| Other amounts payable | 47/48 | €20,720 | €24,663 | +€3,943 | +19.0% |
| Remuneration, social security and pensions | 62 | €178,927 | €190,322 | +€11,395 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,541 | €65,401 | +€4,860 | +8.0% |
| Other operating charges | 640/8 | €674 | €1,327 | +€654 | +97.0% |
| Gross operating margin | 9900 | €266,457 | €321,622 | +€55,166 | +20.7% |
| Operating profit (loss) | 9901 | €26,315 | €64,572 | +€38,257 | +145% |
| Financial income | 75/76B | €4,586 | €356 | -€4,230 | -92.2% |
| Recurring financial income | 75 | €4,586 | €356 | -€4,230 | -92.2% |
| Financial charges | 65/66B | €7,121 | €6,357 | -€764 | -10.7% |
| Recurring financial charges | 65 | €7,121 | €6,357 | -€764 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €23,781 | €58,571 | +€34,791 | +146% |
| Income taxes | 67/77 | €6,322 | €18,908 | +€12,586 | +199% |
| Profit (loss) for the period | 9904 | €17,458 | €39,663 | +€22,205 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €17,458 | €39,663 | +€22,205 | +127% |
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 30 October 2026 via checked.be.