JVE 87: 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.
JVE 87
Largest movements
- Cash +€53,359
up €53,359 (+361%), from €14,777 to €68,136
mainly Net result for the year (+€115,534) and Other debts (+€56,895)
- Tangible fixed assets -€14,824
down €14,824 (-19.2%), from €77,350 to €62,526
of which Other tangible fixed assets: -€7,737
- Receivables within one year +€3,883
up €3,883 (+8.2%), from €47,347 to €51,229
of which Other amounts receivable: +€2,929
- Other debts +€56,895
up €56,895 (+97.0%), from €58,639 to €115,534
- Tax, wage and social debts -€12,939
down €12,939 (-86.6%), from €14,939 to €2,000
of which Taxes: -€14,939
- Trade debts -€2,406
down €2,406 (-28.1%), from €8,575 to €6,169
- Gross operating margin +€41,501
up €41,501 (+29.5%), from €140,509 to €182,010
- Taxes +€12,970
up €12,970 (+41.1%), from €31,546 to €44,517
- Depreciation +€6,858
up €6,858 (+50.0%), from €13,726 to €20,584
- Financial income +€2,128
up €2,128 (+697%), from €305 to €2,433
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 | €183,404 | €224,954 | +€41,550 | +22.7% |
| Fixed assets | 21/28 | €77,350 | €62,526 | -€14,824 | -19.2% |
| Tangible fixed assets | 22/27 | €77,350 | €62,526 | -€14,824 | -19.2% |
| Furniture and vehicles | 24 | €23,560 | €16,474 | -€7,086 | -30.1% |
| Other tangible fixed assets | 26 | €53,790 | €46,052 | -€7,737 | -14.4% |
| Current assets | 29/58 | €106,054 | €162,428 | +€56,373 | +53.2% |
| Amounts receivable within one year | 40/41 | €47,347 | €51,229 | +€3,883 | +8.2% |
| Trade receivables | 40 | €39,928 | €40,882 | +€954 | +2.4% |
| Other amounts receivable | 41 | €7,419 | €10,347 | +€2,929 | +39.5% |
| Current investments | 50/53 | €41,492 | €41,860 | +€367 | +0.9% |
| Cash at bank and in hand | 54/58 | €14,777 | €68,136 | +€53,359 | +361% |
| Deferred charges and accrued income | 490/1 | €2,439 | €1,203 | -€1,236 | -50.7% |
| Total equity and liabilities | 10/49 | €183,404 | €224,954 | +€41,550 | +22.7% |
| Equity | 10/15 | €101,251 | €101,251 | = | 0.0% |
| Reserves | 13 | €101,251 | €101,251 | = | 0.0% |
| Distributable reserves | 133 | €101,251 | €101,251 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,153 | €123,703 | +€41,550 | +50.6% |
| Amounts payable within one year | 42/48 | €82,153 | €123,703 | +€41,550 | +50.6% |
| Trade debts | 44 | €8,575 | €6,169 | -€2,406 | -28.1% |
| Suppliers | 440/4 | €8,575 | €6,169 | -€2,406 | -28.1% |
| Taxes, remuneration and social security | 45 | €14,939 | €2,000 | -€12,939 | -86.6% |
| Taxes | 450/3 | €14,939 | €0 | -€14,939 | -100% |
| Remuneration and social security | 454/9 | €0 | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €58,639 | €115,534 | +€56,895 | +97.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,726 | €20,584 | +€6,858 | +50.0% |
| Other operating charges | 640/8 | €510 | €722 | +€212 | +41.6% |
| Gross operating margin | 9900 | €140,509 | €182,010 | +€41,501 | +29.5% |
| Operating profit (loss) | 9901 | €126,274 | €160,705 | +€34,431 | +27.3% |
| Financial income | 75/76B | €305 | €2,433 | +€2,128 | +697% |
| Recurring financial income | 75 | €305 | €2,433 | +€2,128 | +697% |
| Financial charges | 65/66B | €2,977 | €3,088 | +€111 | +3.7% |
| Recurring financial charges | 65 | €2,977 | €3,088 | +€111 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €123,602 | €160,050 | +€36,448 | +29.5% |
| Income taxes | 67/77 | €31,546 | €44,517 | +€12,970 | +41.1% |
| Profit (loss) for the period | 9904 | €92,056 | €115,534 | +€23,477 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €92,056 | €115,534 | +€23,477 | +25.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.