JVGO: 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.
JVGO
Largest movements
- Intangible fixed assets -€3,804
down €3,804 (-11.5%), from €32,972 to €29,168
- Tangible fixed assets -€3,041
down €3,041 (-26.4%), from €11,514 to €8,473
- Other debts +€15,783
up €15,783 (+28.1%), from €56,084 to €71,867
- Trade debts -€13,398
down €13,398 (-95.9%), from €13,965 to €567
- Profit (loss) carried forward -€9,834
down €9,834 (-30.4%), from -€32,339 to -€42,174
- Gross operating margin +€23,910
up €23,910 (+90.4%), from -€26,454 to -€2,545
- Purchases and services +€2,545
new in 2025: €2,545
- Other operating charges -€2,335
down €2,335 (-85.4%), from €2,734 to €400
- Depreciation +€488
up €488 (+7.7%), from €6,357 to €6,845
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 | €45,320 | €37,870 | -€7,450 | -16.4% |
| Fixed assets | 21/28 | €44,485 | €37,640 | -€6,845 | -15.4% |
| Intangible fixed assets | 21 | €32,972 | €29,168 | -€3,804 | -11.5% |
| Tangible fixed assets | 22/27 | €11,514 | €8,473 | -€3,041 | -26.4% |
| Furniture and vehicles | 24 | €11,514 | €8,473 | -€3,041 | -26.4% |
| Current assets | 29/58 | €835 | €230 | -€605 | -72.5% |
| Amounts receivable within one year | 40/41 | €455 | €63 | -€392 | -86.1% |
| Other amounts receivable | 41 | €455 | €63 | -€392 | -86.1% |
| Cash at bank and in hand | 54/58 | €347 | €167 | -€180 | -51.8% |
| Deferred charges and accrued income | 490/1 | €33 | - | -€33 | |
| Total equity and liabilities | 10/49 | €45,320 | €37,870 | -€7,450 | -16.4% |
| Equity | 10/15 | -€24,729 | -€34,563 | -€9,834 | -39.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,410 | €1,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,410 | €1,410 | = | 0.0% |
| Legal reserve | 130 | - | €1,410 | +€1,410 | |
| Reserves not available under the articles | 1311 | €1,410 | - | -€1,410 | |
| Profit (loss) carried forward | 14 | -€32,339 | -€42,174 | -€9,834 | -30.4% |
| Amounts payable | 17/49 | €70,049 | €72,434 | +€2,385 | +3.4% |
| Amounts payable within one year | 42/48 | €70,049 | €72,434 | +€2,385 | +3.4% |
| Trade debts | 44 | €13,965 | €567 | -€13,398 | -95.9% |
| Suppliers | 440/4 | €13,965 | €567 | -€13,398 | -95.9% |
| Other amounts payable | 47/48 | €56,084 | €71,867 | +€15,783 | +28.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,545 | +€2,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,357 | €6,845 | +€488 | +7.7% |
| Other operating charges | 640/8 | €2,734 | €400 | -€2,335 | -85.4% |
| Gross operating margin | 9900 | -€26,454 | -€2,545 | +€23,910 | +90.4% |
| Operating profit (loss) | 9901 | -€35,546 | -€9,789 | +€25,757 | +72.5% |
| Financial charges | 65/66B | €65 | €45 | -€20 | -30.5% |
| Recurring financial charges | 65 | €65 | €45 | -€20 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,611 | -€9,834 | +€25,776 | +72.4% |
| Profit (loss) for the period | 9904 | -€35,611 | -€9,834 | +€25,776 | +72.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,611 | -€9,834 | +€25,776 | +72.4% |
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.