JVDA EUROPE: what changed
JVDA EUROPE
Largest movements
- Tangible fixed assets -€21,256
down €21,256 (-37.6%), from €56,600 to €35,344
of which Furniture and vehicles: -€19,817
- Receivables within one year +€15,202
new in 2025: €15,202
of which Other amounts receivable: +€10,202
- Cash +€11,070
up €11,070 (+47.0%), from €23,555 to €34,625
mainly Depreciation (+€22,677) and Trade debts (+€15,020)
- Debts after one year -€15,551
no longer reported in 2025 (was €15,551)
- Trade debts +€15,020
up €15,020 (+341%), from €4,405 to €19,425
- Tax, wage and social debts -€13,884
down €13,884 (-56.3%), from €24,644 to €10,760
- Profit (loss) carried forward +€9,802
up €9,802 (+30.7%), from €31,920 to €41,721
- Current portion of long-term debt +€6,716
up €6,716 (+1,329%), from €506 to €7,222
- Gross operating margin +€17,340
up €17,340 (+77.7%), from €22,318 to €39,657
- Taxes +€2,367
up €2,367 (+88.7%), from €2,670 to €5,037
- Depreciation +€582
up €582 (+2.6%), from €22,095 to €22,677
- Financial charges -€510
down €510 (-44.7%), from €1,142 to €631
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,819 | €87,191 | +€4,372 | +5.3% |
| Fixed assets | 21/28 | €56,600 | €35,344 | -€21,256 | -37.6% |
| Tangible fixed assets | 22/27 | €56,600 | €35,344 | -€21,256 | -37.6% |
| Furniture and vehicles | 24 | €55,161 | €35,344 | -€19,817 | -35.9% |
| Other tangible fixed assets | 26 | €1,439 | - | -€1,439 | |
| Current assets | 29/58 | €26,219 | €51,846 | +€25,628 | +97.7% |
| Amounts receivable within one year | 40/41 | - | €15,202 | +€15,202 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | - | €10,202 | +€10,202 | |
| Cash at bank and in hand | 54/58 | €23,555 | €34,625 | +€11,070 | +47.0% |
| Deferred charges and accrued income | 490/1 | €2,663 | €2,020 | -€644 | -24.2% |
| Total equity and liabilities | 10/49 | €82,819 | €87,191 | +€4,372 | +5.3% |
| Equity | 10/15 | €36,920 | €46,721 | +€9,802 | +26.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,920 | €41,721 | +€9,802 | +30.7% |
| Amounts payable | 17/49 | €45,899 | €40,469 | -€5,430 | -11.8% |
| Amounts payable after more than one year | 17 | €15,551 | - | -€15,551 | |
| Financial debts | 170/4 | €15,551 | - | -€15,551 | |
| Amounts payable within one year | 42/48 | €30,348 | €37,869 | +€7,521 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €506 | €7,222 | +€6,716 | +1,329% |
| Financial debts | 43 | - | €13 | +€13 | |
| Credit institutions | 430/8 | - | €13 | +€13 | |
| Trade debts | 44 | €4,405 | €19,425 | +€15,020 | +341% |
| Suppliers | 440/4 | €4,405 | €19,425 | +€15,020 | +341% |
| Taxes, remuneration and social security | 45 | €24,644 | €10,760 | -€13,884 | -56.3% |
| Taxes | 450/3 | €24,644 | €10,760 | -€13,884 | -56.3% |
| Other amounts payable | 47/48 | €793 | €449 | -€344 | -43.4% |
| Accrued charges and deferred income | 492/3 | - | €2,600 | +€2,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,095 | €22,677 | +€582 | +2.6% |
| Other operating charges | 640/8 | €1,266 | €1,512 | +€246 | +19.4% |
| Gross operating margin | 9900 | €22,318 | €39,657 | +€17,340 | +77.7% |
| Operating profit (loss) | 9901 | -€1,044 | €15,469 | +€16,512 | |
| Financial income | 75/76B | €2 | €2 | -€0 | -8.1% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -8.1% |
| Financial charges | 65/66B | €1,142 | €631 | -€510 | -44.7% |
| Recurring financial charges | 65 | €1,142 | €631 | -€510 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,183 | €14,839 | +€17,023 | |
| Income taxes | 67/77 | €2,670 | €5,037 | +€2,367 | +88.7% |
| Profit (loss) for the period | 9904 | -€4,854 | €9,802 | +€14,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,854 | €9,802 | +€14,655 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.