JVG EVENTS: 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.
JVG EVENTS
Largest movements
- Tangible fixed assets +€11,544
up €11,544 (+90.8%), from €12,711 to €24,255
of which Furniture and vehicles: +€13,338
- Cash +€9,952
up €9,952 (+114%), from €8,768 to €18,720
mainly Net result for the year (+€13,719) and Trade debts (+€8,744)
- Stocks and contracts +€2,815
up €2,815 (+130%), from €2,163 to €4,978
- Receivables within one year -€2,278
down €2,278 (-51.7%), from €4,403 to €2,125
of which Trade receivables: -€3,202
- Deferred charges and accrued income +€813
up €813 (+1,265%), from €64 to €878
- Profit (loss) carried forward +€13,719
up €13,719 (+74.2%), from €18,489 to €32,208
- Trade debts +€8,744
up €8,744 (+387%), from €2,259 to €11,003
- Tax, wage and social debts +€1,789
up €1,789 (+52.3%), from €3,421 to €5,210
- Current portion of long-term debt -€1,500
no longer reported in 2025 (was €1,500)
- Gross operating margin +€18,733
up €18,733 (+85.8%), from €21,826 to €40,559
- Staff costs +€6,106
up €6,106 (+70.4%), from €8,678 to €14,784
- Taxes +€2,877
up €2,877 (+160%), from €1,799 to €4,676
- Depreciation +€2,328
up €2,328 (+55.8%), from €4,174 to €6,502
- Financial charges +€424
up €424 (+101%), from €418 to €843
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 | €28,586 | €51,237 | +€22,651 | +79.2% |
| Formation expenses | 20 | €477 | €282 | -€196 | -41.0% |
| Fixed assets | 21/28 | €12,711 | €24,255 | +€11,544 | +90.8% |
| Tangible fixed assets | 22/27 | €12,711 | €24,255 | +€11,544 | +90.8% |
| Land and buildings | 22 | €2,488 | €1,748 | -€740 | -29.8% |
| Plant, machinery and equipment | 23 | €3,151 | €2,098 | -€1,053 | -33.4% |
| Furniture and vehicles | 24 | €7,072 | €20,409 | +€13,338 | +189% |
| Current assets | 29/58 | €15,398 | €26,701 | +€11,303 | +73.4% |
| Stocks and contracts in progress | 3 | €2,163 | €4,978 | +€2,815 | +130% |
| Stocks | 30/36 | €2,163 | €4,978 | +€2,815 | +130% |
| Amounts receivable within one year | 40/41 | €4,403 | €2,125 | -€2,278 | -51.7% |
| Trade receivables | 40 | €3,202 | - | -€3,202 | |
| Other amounts receivable | 41 | €1,201 | €2,125 | +€924 | +77.0% |
| Cash at bank and in hand | 54/58 | €8,768 | €18,720 | +€9,952 | +114% |
| Deferred charges and accrued income | 490/1 | €64 | €878 | +€813 | +1,265% |
| Total equity and liabilities | 10/49 | €28,586 | €51,237 | +€22,651 | +79.2% |
| Equity | 10/15 | €20,889 | €34,608 | +€13,719 | +65.7% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,489 | €32,208 | +€13,719 | +74.2% |
| Amounts payable | 17/49 | €7,697 | €16,629 | +€8,932 | +116% |
| Amounts payable within one year | 42/48 | €7,596 | €16,629 | +€9,033 | +119% |
| Current portion of amounts payable after more than one year | 42 | €1,500 | - | -€1,500 | |
| Trade debts | 44 | €2,259 | €11,003 | +€8,744 | +387% |
| Suppliers | 440/4 | €2,259 | €11,003 | +€8,744 | +387% |
| Taxes, remuneration and social security | 45 | €3,421 | €5,210 | +€1,789 | +52.3% |
| Taxes | 450/3 | €3,421 | €5,210 | +€1,789 | +52.3% |
| Other amounts payable | 47/48 | €416 | €416 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Remuneration, social security and pensions | 62 | €8,678 | €14,784 | +€6,106 | +70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,174 | €6,502 | +€2,328 | +55.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €263 | - | -€263 | |
| Other operating charges | 640/8 | - | €36 | +€36 | |
| Gross operating margin | 9900 | €21,826 | €40,559 | +€18,733 | +85.8% |
| Operating profit (loss) | 9901 | €8,711 | €19,236 | +€10,525 | +121% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €418 | €843 | +€424 | +101% |
| Recurring financial charges | 65 | €418 | €843 | +€424 | +101% |
| Profit (loss) for the period before taxes | 9903 | €8,293 | €18,395 | +€10,102 | +122% |
| Income taxes | 67/77 | €1,799 | €4,676 | +€2,877 | +160% |
| Profit (loss) for the period | 9904 | €6,494 | €13,719 | +€7,225 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €6,494 | €13,719 | +€7,225 | +111% |
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 13 October 2026 via checked.be.