JVE & ZOON: 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 & ZOON
Largest movements
- Receivables within one year -€21,013
down €21,013 (-37.7%), from €55,755 to €34,742
of which Trade receivables: -€32,253
- Tangible fixed assets +€17,603
up €17,603 (+33.8%), from €52,063 to €69,666
of which Leasing and similar rights: +€22,977
- Cash +€12,458
up €12,458 (+40.0%), from €31,132 to €43,590
mainly Net result for the year (+€37,807) and Receivables within one year (+€21,013)
- Reserves +€37,807
up €37,807 (+118%), from €32,100 to €69,907
- Trade debts -€17,020
down €17,020 (-70.4%), from €24,162 to €7,142
- Other debts -€14,390
down €14,390 (-66.7%), from €21,558 to €7,169
- Debts after one year +€9,520
up €9,520 (+39.9%), from €23,870 to €33,390
- Tax, wage and social debts -€5,157
down €5,157 (-23.6%), from €21,864 to €16,707
- Gross operating margin +€50,517
up €50,517 (+206%), from €24,511 to €75,028
- Taxes +€14,521
up €14,521 (+1,304%), from €1,114 to €15,634
- Depreciation -€7,862
down €7,862 (-31.5%), from €24,949 to €17,086
- Financial income -€3,216
down €3,216 (-90.9%), from €3,536 to €320
- Financial charges +€1,182
up €1,182 (+57.6%), from €2,050 to €3,232
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 | €138,950 | €149,405 | +€10,455 | +7.5% |
| Fixed assets | 21/28 | €52,063 | €69,666 | +€17,603 | +33.8% |
| Tangible fixed assets | 22/27 | €52,063 | €69,666 | +€17,603 | +33.8% |
| Plant, machinery and equipment | 23 | €4,478 | €3,310 | -€1,168 | -26.1% |
| Furniture and vehicles | 24 | €3,930 | €433 | -€3,497 | -89.0% |
| Leasing and similar rights | 25 | €40,821 | €63,798 | +€22,977 | +56.3% |
| Other tangible fixed assets | 26 | €2,834 | €2,125 | -€709 | -25.0% |
| Current assets | 29/58 | €86,887 | €79,740 | -€7,147 | -8.2% |
| Amounts receivable within one year | 40/41 | €55,755 | €34,742 | -€21,013 | -37.7% |
| Trade receivables | 40 | €55,755 | €23,502 | -€32,253 | -57.8% |
| Other amounts receivable | 41 | - | €11,240 | +€11,240 | |
| Cash at bank and in hand | 54/58 | €31,132 | €43,590 | +€12,458 | +40.0% |
| Deferred charges and accrued income | 490/1 | - | €1,408 | +€1,408 | |
| Total equity and liabilities | 10/49 | €138,950 | €149,405 | +€10,455 | +7.5% |
| Equity | 10/15 | €34,928 | €72,735 | +€37,807 | +108% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,100 | €69,907 | +€37,807 | +118% |
| Distributable reserves | 133 | €32,100 | €69,907 | +€37,807 | +118% |
| Profit (loss) carried forward | 14 | -€2,172 | -€2,172 | = | 0.0% |
| Amounts payable | 17/49 | €104,022 | €76,670 | -€27,352 | -26.3% |
| Amounts payable after more than one year | 17 | €23,870 | €33,390 | +€9,520 | +39.9% |
| Financial debts | 170/4 | €23,870 | €33,390 | +€9,520 | +39.9% |
| Amounts payable within one year | 42/48 | €80,152 | €43,281 | -€36,871 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €12,567 | €12,263 | -€304 | -2.4% |
| Trade debts | 44 | €24,162 | €7,142 | -€17,020 | -70.4% |
| Suppliers | 440/4 | €24,162 | €7,142 | -€17,020 | -70.4% |
| Taxes, remuneration and social security | 45 | €21,864 | €16,707 | -€5,157 | -23.6% |
| Taxes | 450/3 | €21,864 | €16,707 | -€5,157 | -23.6% |
| Other amounts payable | 47/48 | €21,558 | €7,169 | -€14,390 | -66.7% |
| Non-recurring operating income | 76A | - | €30,488 | +€30,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,949 | €17,086 | -€7,862 | -31.5% |
| Other operating charges | 640/8 | €2,136 | €1,589 | -€547 | -25.6% |
| Gross operating margin | 9900 | €24,511 | €75,028 | +€50,517 | +206% |
| Operating profit (loss) | 9901 | -€2,574 | €56,353 | +€58,927 | |
| Financial income | 75/76B | €3,536 | €320 | -€3,216 | -90.9% |
| Recurring financial income | 75 | €3,536 | €320 | -€3,216 | -90.9% |
| Financial charges | 65/66B | €2,050 | €3,232 | +€1,182 | +57.6% |
| Recurring financial charges | 65 | €2,050 | €3,232 | +€1,182 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,088 | €53,441 | +€54,529 | |
| Income taxes | 67/77 | €1,114 | €15,634 | +€14,521 | +1,304% |
| Profit (loss) for the period | 9904 | -€2,202 | €37,807 | +€40,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,202 | €37,807 | +€40,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.