JVDB Consult: 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.
JVDB Consult
Largest movements
- Cash -€7,047
down €7,047 (-26.0%), from €27,136 to €20,089
mainly Tax, wage and social debts (-€7,001) and Receivables within one year (-€5,208)
- Receivables within one year +€5,208
up €5,208 (+56.6%), from €9,194 to €14,401
- Tangible fixed assets +€3,262
new in 2025: €3,262
of which Plant, machinery and equipment: +€2,052
- Tax, wage and social debts -€7,001
down €7,001 (-49.6%), from €14,101 to €7,100
- Reserves +€5,732
up €5,732 (+35.4%), from €16,178 to €21,910
- Other debts +€1,683
up €1,683 (+56.4%), from €2,984 to €4,667
- Trade debts +€809
up €809 (+2002.1%), from €40 to €849
- Gross operating margin -€14,971
down €14,971 (-57.1%), from €26,237 to €11,266
- Taxes -€4,748
down €4,748 (-61.2%), from €7,756 to €3,007
- Depreciation +€492
new in 2025: €492
- Other operating charges -€305
down €305 (-52.6%), from €581 to €276
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 | €36,804 | €38,027 | +€1,223 | +3.3% |
| Fixed assets | 21/28 | - | €3,262 | +€3,262 | |
| Tangible fixed assets | 22/27 | - | €3,262 | +€3,262 | |
| Plant, machinery and equipment | 23 | - | €2,052 | +€2,052 | |
| Furniture and vehicles | 24 | - | €1,210 | +€1,210 | |
| Current assets | 29/58 | €36,804 | €34,765 | -€2,039 | -5.5% |
| Amounts receivable within one year | 40/41 | €9,194 | €14,401 | +€5,208 | +56.6% |
| Trade receivables | 40 | €9,194 | €14,401 | +€5,208 | +56.6% |
| Cash at bank and in hand | 54/58 | €27,136 | €20,089 | -€7,047 | -26.0% |
| Deferred charges and accrued income | 490/1 | €474 | €275 | -€199 | -42.1% |
| Total equity and liabilities | 10/49 | €36,804 | €38,027 | +€1,223 | +3.3% |
| Equity | 10/15 | €19,678 | €25,410 | +€5,732 | +29.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €16,178 | €21,910 | +€5,732 | +35.4% |
| Distributable reserves | 133 | €16,178 | €21,910 | +€5,732 | +35.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,126 | €12,617 | -€4,509 | -26.3% |
| Amounts payable within one year | 42/48 | €17,126 | €12,617 | -€4,509 | -26.3% |
| Trade debts | 44 | €40 | €849 | +€809 | +2002.1% |
| Suppliers | 440/4 | €40 | €849 | +€809 | +2002.1% |
| Taxes, remuneration and social security | 45 | €14,101 | €7,100 | -€7,001 | -49.6% |
| Taxes | 450/3 | €14,101 | €7,100 | -€7,001 | -49.6% |
| Other amounts payable | 47/48 | €2,984 | €4,667 | +€1,683 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €492 | +€492 | |
| Other operating charges | 640/8 | €581 | €276 | -€305 | -52.6% |
| Gross operating margin | 9900 | €26,237 | €11,266 | -€14,971 | -57.1% |
| Operating profit (loss) | 9901 | €25,656 | €10,499 | -€15,157 | -59.1% |
| Financial income | 75/76B | €19 | €27 | +€7 | +38.1% |
| Recurring financial income | 75 | €19 | €27 | +€7 | +38.1% |
| Financial charges | 65/66B | €24 | €68 | +€44 | +183.3% |
| Recurring financial charges | 65 | €24 | €68 | +€44 | +183.3% |
| Profit (loss) for the period before taxes | 9903 | €25,651 | €10,458 | -€15,194 | -59.2% |
| Income taxes | 67/77 | €7,756 | €3,007 | -€4,748 | -61.2% |
| Profit (loss) for the period | 9904 | €17,896 | €7,450 | -€10,446 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,896 | €7,450 | -€10,446 | -58.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.