JVEKO: what changed
Two fiscal 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.
JVEKO
Largest movements
- Cash -€132,332
down €132,332 (-80.1%), from €165,167 to €32,835
mainly Contributions, distributions and other (-€275,000) and Receivables within one year (-€10,959)
- Receivables within one year +€10,959
up €10,959 (+36.1%), from €30,376 to €41,335
of which Other amounts receivable: +€9,678
- Profit (loss) carried forward -€169,436
down €169,436 (-93.1%), from €181,899 to €12,463
- Other debts +€54,167
up €54,167 (+6502.6%), from €833 to €55,000
- Trade debts -€4,217
down €4,217 (-68.8%), from €6,126 to €1,909
- Gross operating margin +€6,650
up €6,650 (+5.1%), from €129,530 to €136,179
- Taxes +€2,077
up €2,077 (+7.4%), from €27,902 to €29,979
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 | €203,943 | €84,261 | -€119,682 | -58.7% |
| Fixed assets | 21/28 | €8,118 | €10,092 | +€1,974 | +24.3% |
| Tangible fixed assets | 22/27 | €618 | €2,592 | +€1,974 | +319.4% |
| Furniture and vehicles | 24 | €618 | €2,592 | +€1,974 | +319.4% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €195,825 | €74,170 | -€121,655 | -62.1% |
| Amounts receivable within one year | 40/41 | €30,376 | €41,335 | +€10,959 | +36.1% |
| Trade receivables | 40 | €29,351 | €30,633 | +€1,281 | +4.4% |
| Other amounts receivable | 41 | €1,025 | €10,702 | +€9,678 | +944.5% |
| Cash at bank and in hand | 54/58 | €165,167 | €32,835 | -€132,332 | -80.1% |
| Deferred charges and accrued income | 490/1 | €282 | - | -€282 | |
| Total equity and liabilities | 10/49 | €203,943 | €84,261 | -€119,682 | -58.7% |
| Equity | 10/15 | €182,399 | €12,963 | -€169,436 | -92.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,899 | €12,463 | -€169,436 | -93.1% |
| Amounts payable | 17/49 | €21,544 | €71,298 | +€49,754 | +230.9% |
| Amounts payable within one year | 42/48 | €21,544 | €71,298 | +€49,754 | +230.9% |
| Trade debts | 44 | €6,126 | €1,909 | -€4,217 | -68.8% |
| Suppliers | 440/4 | €6,126 | €1,909 | -€4,217 | -68.8% |
| Taxes, remuneration and social security | 45 | €14,584 | €14,389 | -€196 | -1.3% |
| Taxes | 450/3 | €14,584 | €14,389 | -€196 | -1.3% |
| Other amounts payable | 47/48 | €833 | €55,000 | +€54,167 | +6502.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €841 | €729 | -€112 | -13.3% |
| Other operating charges | 640/8 | €144 | €63 | -€81 | -56.0% |
| Gross operating margin | 9900 | €129,530 | €136,179 | +€6,650 | +5.1% |
| Operating profit (loss) | 9901 | €128,545 | €135,387 | +€6,842 | +5.3% |
| Financial income | 75/76B | €0 | €270 | +€270 | +899433.3% |
| Recurring financial income | 75 | €0 | €270 | +€270 | +899433.3% |
| Financial charges | 65/66B | €114 | €114 | -€0 | 0.0% |
| Recurring financial charges | 65 | €114 | €114 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €128,431 | €135,543 | +€7,112 | +5.5% |
| Income taxes | 67/77 | €27,902 | €29,979 | +€2,077 | +7.4% |
| Profit (loss) for the period | 9904 | €100,529 | €105,564 | +€5,035 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,529 | €105,564 | +€5,035 | +5.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.