JVF TOOLS: 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.
JVF TOOLS
Largest movements
- Cash +€28,417
up €28,417 (+53.1%), from €53,562 to €81,979
mainly Net result for the year (+€20,615) and Depreciation (+€20,439)
- Tangible fixed assets +€13,559
up €13,559 (+58.6%), from €23,133 to €36,692
of which Furniture and vehicles: +€15,161
- Stocks and contracts -€10,151
down €10,151 (-13.6%), from €74,559 to €64,407
- Intangible fixed assets -€6,465
down €6,465 (-33.3%), from €19,395 to €12,930
- Receivables within one year -€5,921
down €5,921 (-51.6%), from €11,469 to €5,547
of which Other amounts receivable: -€9,994
- Profit (loss) carried forward +€20,615
up €20,615 (+49.8%), from €41,373 to €61,988
- Trade debts -€10,172
down €10,172 (-60.7%), from €16,772 to €6,599
- Tax, wage and social debts +€7,597
up €7,597 (+55.5%), from €13,700 to €21,297
- Gross operating margin -€36,622
down €36,622 (-48.1%), from €76,186 to €39,564
- Financial income +€15,056
up €15,056 (+12174.5%), from €124 to €15,180
- Taxes -€7,800
down €7,800 (-56.9%), from €13,700 to €5,900
- Depreciation +€3,930
up €3,930 (+23.8%), from €16,508 to €20,439
- Other operating charges +€1,686
up €1,686 (+307.7%), from €548 to €2,234
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 | €182,118 | €201,556 | +€19,438 | +10.7% |
| Fixed assets | 21/28 | €42,529 | €49,622 | +€7,094 | +16.7% |
| Intangible fixed assets | 21 | €19,395 | €12,930 | -€6,465 | -33.3% |
| Tangible fixed assets | 22/27 | €23,133 | €36,692 | +€13,559 | +58.6% |
| Land and buildings | 22 | €9,769 | €10,161 | +€392 | +4.0% |
| Plant, machinery and equipment | 23 | €7,440 | €5,445 | -€1,995 | -26.8% |
| Furniture and vehicles | 24 | €5,925 | €21,086 | +€15,161 | +255.9% |
| Current assets | 29/58 | €139,589 | €151,934 | +€12,345 | +8.8% |
| Stocks and contracts in progress | 3 | €74,559 | €64,407 | -€10,151 | -13.6% |
| Stocks | 30/36 | €74,559 | €64,407 | -€10,151 | -13.6% |
| Amounts receivable within one year | 40/41 | €11,469 | €5,547 | -€5,921 | -51.6% |
| Trade receivables | 40 | €1,475 | €5,547 | +€4,073 | +276.2% |
| Other amounts receivable | 41 | €9,994 | - | -€9,994 | |
| Cash at bank and in hand | 54/58 | €53,562 | €81,979 | +€28,417 | +53.1% |
| Total equity and liabilities | 10/49 | €182,118 | €201,556 | +€19,438 | +10.7% |
| Equity | 10/15 | €45,373 | €65,988 | +€20,615 | +45.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,373 | €61,988 | +€20,615 | +49.8% |
| Amounts payable | 17/49 | €136,745 | €135,568 | -€1,176 | -0.9% |
| Amounts payable within one year | 42/48 | €136,745 | €135,568 | -€1,176 | -0.9% |
| Trade debts | 44 | €16,772 | €6,599 | -€10,172 | -60.7% |
| Suppliers | 440/4 | €16,772 | €6,599 | -€10,172 | -60.7% |
| Taxes, remuneration and social security | 45 | €13,700 | €21,297 | +€7,597 | +55.5% |
| Taxes | 450/3 | €13,700 | €21,297 | +€7,597 | +55.5% |
| Other amounts payable | 47/48 | €106,273 | €107,672 | +€1,399 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,508 | €20,439 | +€3,930 | +23.8% |
| Other operating charges | 640/8 | €548 | €2,234 | +€1,686 | +307.7% |
| Gross operating margin | 9900 | €76,186 | €39,564 | -€36,622 | -48.1% |
| Operating profit (loss) | 9901 | €59,130 | €16,892 | -€42,238 | -71.4% |
| Financial income | 75/76B | €124 | €15,180 | +€15,056 | +12174.5% |
| Recurring financial income | 75 | €124 | €15,180 | +€15,056 | +12174.5% |
| Financial charges | 65/66B | €4,180 | €5,557 | +€1,376 | +32.9% |
| Recurring financial charges | 65 | €4,180 | €5,557 | +€1,376 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €55,073 | €26,515 | -€28,558 | -51.9% |
| Income taxes | 67/77 | €13,700 | €5,900 | -€7,800 | -56.9% |
| Profit (loss) for the period | 9904 | €41,373 | €20,615 | -€20,758 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,373 | €20,615 | -€20,758 | -50.2% |
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 5 October 2026 via checked.be.