JVG Valbeveiliging: 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 Valbeveiliging
Largest movements
- Receivables within one year +€22,183
up €22,183 (+87.4%), from €25,388 to €47,571
of which Trade receivables: +€21,999
- Cash +€4,207
up €4,207 (+49.6%), from €8,486 to €12,693
mainly Trade debts (+€34,341) and Depreciation (+€8,782)
- Financial fixed assets +€3,000
new in 2025: €3,000
- Trade debts +€34,341
up €34,341 (+1,164%), from €2,949 to €37,290
- Debts after one year -€6,433
down €6,433 (-25.4%), from €25,348 to €18,916
- Accrued charges and deferred income +€2,700
new in 2025: €2,700
- Staff costs +€48,492
up €48,492 (+184%), from €26,397 to €74,890
- Gross operating margin +€35,831
up €35,831 (+69.8%), from €51,340 to €87,171
- Depreciation +€6,887
up €6,887 (+364%), from €1,894 to €8,782
- Taxes -€4,524
down €4,524 (-93.7%), from €4,830 to €306
- Other operating charges +€1,992
new in 2025: €1,992
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 | €76,459 | €106,946 | +€30,487 | +39.9% |
| Fixed assets | 21/28 | €40,542 | €44,191 | +€3,649 | +9.0% |
| Tangible fixed assets | 22/27 | €40,542 | €41,191 | +€649 | +1.6% |
| Furniture and vehicles | 24 | - | €9,136 | +€9,136 | |
| Leasing and similar rights | 25 | €40,542 | €32,055 | -€8,487 | -20.9% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €35,918 | €62,755 | +€26,838 | +74.7% |
| Amounts receivable within one year | 40/41 | €25,388 | €47,571 | +€22,183 | +87.4% |
| Trade receivables | 40 | €24,660 | €46,659 | +€21,999 | +89.2% |
| Other amounts receivable | 41 | €728 | €912 | +€184 | +25.3% |
| Cash at bank and in hand | 54/58 | €8,486 | €12,693 | +€4,207 | +49.6% |
| Deferred charges and accrued income | 490/1 | €2,044 | €2,491 | +€448 | +21.9% |
| Total equity and liabilities | 10/49 | €76,459 | €106,946 | +€30,487 | +39.9% |
| Equity | 10/15 | €20,867 | €20,513 | -€353 | -1.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,867 | €17,513 | -€353 | -2.0% |
| Distributable reserves | 133 | €17,867 | €17,513 | -€353 | -2.0% |
| Amounts payable | 17/49 | €55,593 | €86,433 | +€30,840 | +55.5% |
| Amounts payable after more than one year | 17 | €25,348 | €18,916 | -€6,433 | -25.4% |
| Financial debts | 170/4 | €25,348 | €18,916 | -€6,433 | -25.4% |
| Amounts payable within one year | 42/48 | €30,244 | €64,817 | +€34,573 | +114% |
| Current portion of amounts payable after more than one year | 42 | €6,208 | €6,433 | +€225 | +3.6% |
| Trade debts | 44 | €2,949 | €37,290 | +€34,341 | +1,164% |
| Suppliers | 440/4 | €2,949 | €37,290 | +€34,341 | +1,164% |
| Taxes, remuneration and social security | 45 | €16,406 | €16,414 | +€8 | 0.0% |
| Taxes | 450/3 | €14,317 | €13,607 | -€711 | -5.0% |
| Remuneration and social security | 454/9 | €2,089 | €2,807 | +€718 | +34.4% |
| Other amounts payable | 47/48 | €4,681 | €4,681 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,700 | +€2,700 | |
| Remuneration, social security and pensions | 62 | €26,397 | €74,890 | +€48,492 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,894 | €8,782 | +€6,887 | +364% |
| Other operating charges | 640/8 | - | €1,992 | +€1,992 | |
| Gross operating margin | 9900 | €51,340 | €87,171 | +€35,831 | +69.8% |
| Operating profit (loss) | 9901 | €23,048 | €1,507 | -€21,541 | -93.5% |
| Financial charges | 65/66B | €352 | €1,555 | +€1,203 | +342% |
| Recurring financial charges | 65 | €352 | €1,555 | +€1,203 | +342% |
| Profit (loss) for the period before taxes | 9903 | €22,697 | -€48 | -€22,744 | |
| Income taxes | 67/77 | €4,830 | €306 | -€4,524 | -93.7% |
| Profit (loss) for the period | 9904 | €17,867 | -€353 | -€18,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,867 | -€353 | -€18,220 |
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 29 October 2026 via checked.be.