JVDV: 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.
JVDV
Largest movements
- Current investments -€50,000
down €50,000 (-20.8%), from €240,186 to €190,186
- Cash +€48,563
up €48,563 (+29.0%), from €167,270 to €215,833
mainly Current investments (+€50,000) and Depreciation (+€8,833)
- Tangible fixed assets -€8,833
down €8,833 (-3.3%), from €265,225 to €256,392
of which Land and buildings: -€7,215
- Reserves -€12,227
down €12,227 (-1.8%), from €675,712 to €663,485
of which Distributable reserves: -€12,227
- Gross operating margin -€38,095
down €38,095, from €34,058 to -€4,037
- Taxes -€8,915
no longer reported in 2025 (was €8,915)
- Financial income +€2,507
up €2,507 (+5,014,200%), from €0 to €2,507
- Depreciation -€543
down €543 (-5.8%), from €9,376 to €8,833
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 | €711,748 | €703,859 | -€7,889 | -1.1% |
| Fixed assets | 21/28 | €265,225 | €256,392 | -€8,833 | -3.3% |
| Tangible fixed assets | 22/27 | €265,225 | €256,392 | -€8,833 | -3.3% |
| Land and buildings | 22 | €261,527 | €254,313 | -€7,215 | -2.8% |
| Plant, machinery and equipment | 23 | €756 | €155 | -€600 | -79.5% |
| Furniture and vehicles | 24 | €2,942 | €1,924 | -€1,018 | -34.6% |
| Current assets | 29/58 | €446,523 | €447,467 | +€944 | +0.2% |
| Amounts receivable within one year | 40/41 | €39,068 | €41,448 | +€2,381 | +6.1% |
| Trade receivables | 40 | €20,764 | €30,696 | +€9,933 | +47.8% |
| Other amounts receivable | 41 | €18,304 | €10,752 | -€7,552 | -41.3% |
| Current investments | 50/53 | €240,186 | €190,186 | -€50,000 | -20.8% |
| Cash at bank and in hand | 54/58 | €167,270 | €215,833 | +€48,563 | +29.0% |
| Total equity and liabilities | 10/49 | €711,748 | €703,859 | -€7,889 | -1.1% |
| Equity | 10/15 | €695,713 | €683,486 | -€12,227 | -1.8% |
| Contributions | 10/11 | €20,001 | €20,001 | = | 0.0% |
| Reserves | 13 | €675,712 | €663,485 | -€12,227 | -1.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €673,712 | €661,484 | -€12,227 | -1.8% |
| Amounts payable | 17/49 | €16,035 | €20,373 | +€4,339 | +27.1% |
| Amounts payable within one year | 42/48 | €16,035 | €20,373 | +€4,339 | +27.1% |
| Trade debts | 44 | €8,724 | €7,699 | -€1,024 | -11.7% |
| Suppliers | 440/4 | €8,724 | €7,699 | -€1,024 | -11.7% |
| Advances received on contracts in progress | 46 | - | €1,162 | +€1,162 | |
| Taxes, remuneration and social security | 45 | €5,206 | €4,693 | -€513 | -9.9% |
| Taxes | 450/3 | €5,206 | €4,693 | -€513 | -9.9% |
| Other amounts payable | 47/48 | €2,105 | €6,820 | +€4,714 | +224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,376 | €8,833 | -€543 | -5.8% |
| Other operating charges | 640/8 | €2,042 | €1,743 | -€300 | -14.7% |
| Gross operating margin | 9900 | €34,058 | -€4,037 | -€38,095 | |
| Operating profit (loss) | 9901 | €22,640 | -€14,613 | -€37,252 | |
| Financial income | 75/76B | €0 | €2,507 | +€2,507 | +5,014,200% |
| Recurring financial income | 75 | €0 | €2,507 | +€2,507 | +5,014,200% |
| Financial charges | 65/66B | €123 | €122 | -€1 | -0.7% |
| Recurring financial charges | 65 | €123 | €122 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €22,517 | -€12,227 | -€34,744 | |
| Income taxes | 67/77 | €8,915 | - | -€8,915 | |
| Profit (loss) for the period | 9904 | €13,602 | -€12,227 | -€25,829 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,602 | -€12,227 | -€25,829 |
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 15 October 2026 via checked.be.