JVD.IO: what changed
Two fiscal 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.
JVD.IO
Largest movements
- Cash +€46,726
up €46,726 (+131.7%), from €35,492 to €82,218
mainly Net result for the year (+€45,966) and Tax, wage and social debts (+€11,040)
- Tangible fixed assets +€13,100
up €13,100 (+1134.6%), from €1,155 to €14,254
of which Other tangible fixed assets: +€12,634
- Reserves +€45,133
up €45,133 (+319.7%), from €14,118 to €59,251
- Tax, wage and social debts +€11,040
up €11,040 (+65.7%), from €16,794 to €27,834
of which Taxes: +€11,040
- Trade debts +€4,147
up €4,147 (+297.0%), from €1,397 to €5,544
- Other debts +€1,018
up €1,018 (+74.1%), from €1,374 to €2,391
- Gross operating margin +€43,523
up €43,523 (+206.8%), from €21,042 to €64,566
- Taxes +€11,636
up €11,636 (+204.8%), from €5,682 to €17,318
- Depreciation +€953
up €953 (+507.8%), from €188 to €1,140
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 | €36,682 | €98,055 | +€61,373 | +167.3% |
| Fixed assets | 21/28 | €1,155 | €14,254 | +€13,100 | +1134.6% |
| Tangible fixed assets | 22/27 | €1,155 | €14,254 | +€13,100 | +1134.6% |
| Furniture and vehicles | 24 | €1,155 | €1,621 | +€466 | +40.4% |
| Other tangible fixed assets | 26 | - | €12,634 | +€12,634 | |
| Current assets | 29/58 | €35,527 | €83,801 | +€48,273 | +135.9% |
| Amounts receivable within one year | 40/41 | €0 | €700 | +€700 | |
| Trade receivables | 40 | €0 | €700 | +€700 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,492 | €82,218 | +€46,726 | +131.7% |
| Deferred charges and accrued income | 490/1 | €35 | €883 | +€847 | +2406.6% |
| Total equity and liabilities | 10/49 | €36,682 | €98,055 | +€61,373 | +167.3% |
| Equity | 10/15 | €17,118 | €62,251 | +€45,133 | +263.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,118 | €59,251 | +€45,133 | +319.7% |
| Distributable reserves | 133 | €14,118 | €59,251 | +€45,133 | +319.7% |
| Amounts payable | 17/49 | €19,564 | €35,804 | +€16,240 | +83.0% |
| Amounts payable within one year | 42/48 | €19,564 | €35,769 | +€16,205 | +82.8% |
| Trade debts | 44 | €1,397 | €5,544 | +€4,147 | +297.0% |
| Suppliers | 440/4 | €1,397 | €5,544 | +€4,147 | +297.0% |
| Taxes, remuneration and social security | 45 | €16,794 | €27,834 | +€11,040 | +65.7% |
| Taxes | 450/3 | €16,794 | €27,834 | +€11,040 | +65.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,374 | €2,391 | +€1,018 | +74.1% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €1,140 | +€953 | +507.8% |
| Other operating charges | 640/8 | €221 | €112 | -€109 | -49.3% |
| Gross operating margin | 9900 | €21,042 | €64,566 | +€43,523 | +206.8% |
| Operating profit (loss) | 9901 | €20,634 | €63,314 | +€42,679 | +206.8% |
| Financial charges | 65/66B | €2 | €30 | +€28 | +1552.5% |
| Recurring financial charges | 65 | €2 | €30 | +€28 | +1552.5% |
| Profit (loss) for the period before taxes | 9903 | €20,632 | €63,284 | +€42,652 | +206.7% |
| Income taxes | 67/77 | €5,682 | €17,318 | +€11,636 | +204.8% |
| Profit (loss) for the period | 9904 | €14,951 | €45,966 | +€31,016 | +207.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,951 | €45,966 | +€31,016 | +207.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.