JVH CONSULTING: what changed
JVH CONSULTING
Largest movements
- Receivables within one year +€66,164
up €66,164 (+224%), from €29,531 to €95,695
of which Trade receivables: +€74,556
- Cash -€62,392
down €62,392 (-87.1%), from €71,670 to €9,278
mainly Receivables within one year (-€66,164) and Trade debts (-€10,792)
- Tangible fixed assets -€9,264
down €9,264 (-16.0%), from €57,876 to €48,612
of which Furniture and vehicles: -€8,521
- Financial fixed assets +€1,915
up €1,915 (+34.5%), from €5,550 to €7,465
- Profit (loss) carried forward +€15,009
up €15,009 (+20.7%), from €72,437 to €87,447
- Trade debts -€10,792
down €10,792 (-79.7%), from €13,535 to €2,744
- Debts after one year -€5,182
down €5,182 (-34.9%), from €14,852 to €9,670
- Tax, wage and social debts -€2,708
down €2,708 (-16.1%), from €16,842 to €14,134
- Gross operating margin +€7,187
up €7,187 (+25.0%), from €28,709 to €35,896
- Depreciation +€4,483
up €4,483 (+81.3%), from €5,513 to €9,996
- Taxes -€2,577
down €2,577 (-28.2%), from €9,154 to €6,577
- Other operating charges +€1,942
up €1,942 (+237%), from €820 to €2,762
- Financial charges +€1,138
up €1,138 (+275%), from €414 to €1,553
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €164,627 | €161,190 | -€3,437 | -2.1% |
| Fixed assets | 21/28 | €63,426 | €56,077 | -€7,349 | -11.6% |
| Tangible fixed assets | 22/27 | €57,876 | €48,612 | -€9,264 | -16.0% |
| Plant, machinery and equipment | 23 | €2,376 | €2,010 | -€366 | -15.4% |
| Furniture and vehicles | 24 | €21,925 | €13,404 | -€8,521 | -38.9% |
| Other tangible fixed assets | 26 | €33,575 | €33,199 | -€376 | -1.1% |
| Financial fixed assets | 28 | €5,550 | €7,465 | +€1,915 | +34.5% |
| Current assets | 29/58 | €101,201 | €105,113 | +€3,912 | +3.9% |
| Amounts receivable within one year | 40/41 | €29,531 | €95,695 | +€66,164 | +224% |
| Trade receivables | 40 | €18,812 | €93,368 | +€74,556 | +396% |
| Other amounts receivable | 41 | €10,719 | €2,327 | -€8,392 | -78.3% |
| Cash at bank and in hand | 54/58 | €71,670 | €9,278 | -€62,392 | -87.1% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €164,627 | €161,190 | -€3,437 | -2.1% |
| Equity | 10/15 | €114,451 | €129,460 | +€15,009 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,414 | €23,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,554 | €21,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,437 | €87,447 | +€15,009 | +20.7% |
| Amounts payable | 17/49 | €50,176 | €31,730 | -€18,446 | -36.8% |
| Amounts payable after more than one year | 17 | €14,852 | €9,670 | -€5,182 | -34.9% |
| Financial debts | 170/4 | €14,852 | €9,670 | -€5,182 | -34.9% |
| Amounts payable within one year | 42/48 | €35,324 | €22,060 | -€13,264 | -37.5% |
| Financial debts | 43 | €4,947 | €5,182 | +€236 | +4.8% |
| Credit institutions | 430/8 | €4,947 | €5,182 | +€236 | +4.8% |
| Trade debts | 44 | €13,535 | €2,744 | -€10,792 | -79.7% |
| Suppliers | 440/4 | €13,535 | €2,744 | -€10,792 | -79.7% |
| Taxes, remuneration and social security | 45 | €16,842 | €14,134 | -€2,708 | -16.1% |
| Taxes | 450/3 | €16,842 | €14,134 | -€2,708 | -16.1% |
| Non-recurring operating income | 76A | €7,920 | - | -€7,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,513 | €9,996 | +€4,483 | +81.3% |
| Other operating charges | 640/8 | €820 | €2,762 | +€1,942 | +237% |
| Gross operating margin | 9900 | €28,709 | €35,896 | +€7,187 | +25.0% |
| Operating profit (loss) | 9901 | €22,376 | €23,139 | +€762 | +3.4% |
| Financial charges | 65/66B | €414 | €1,553 | +€1,138 | +275% |
| Recurring financial charges | 65 | €414 | €1,553 | +€1,138 | +275% |
| Profit (loss) for the period before taxes | 9903 | €21,962 | €21,586 | -€376 | -1.7% |
| Income taxes | 67/77 | €9,154 | €6,577 | -€2,577 | -28.2% |
| Profit (loss) for the period | 9904 | €12,808 | €15,009 | +€2,201 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,808 | €15,009 | +€2,201 | +17.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.