JVH Creative Solutions: 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.
JVH Creative Solutions
Largest movements
- Cash -€33,477
down €33,477 (-55.7%), from €60,127 to €26,650
mainly Debts after one year (-€23,903) and Trade debts (-€18,199)
- Tangible fixed assets -€13,393
down €13,393 (-20.2%), from €66,351 to €52,958
of which Furniture and vehicles: -€12,948
- Receivables within one year +€2,511
up €2,511 (+11.0%), from €22,753 to €25,264
of which Other amounts receivable: +€3,331
- Debts after one year -€23,903
down €23,903 (-36.1%), from €66,187 to €42,285
- Trade debts -€18,199
down €18,199 (-77.3%), from €23,530 to €5,331
- Profit (loss) carried forward +€10,941
up €10,941 (+47.1%), from €23,221 to €34,162
- Tax, wage and social debts -€8,831
down €8,831 (-51.3%), from €17,201 to €8,369
- Other debts -€5,025
no longer reported in 2025 (was €5,025)
- Gross operating margin +€11,813
up €11,813 (+50.1%), from €23,560 to €35,374
- Depreciation +€10,232
up €10,232 (+251%), from €4,079 to €14,311
- Taxes +€3,530
up €3,530 (+173%), from €2,040 to €5,570
- Other operating charges -€1,218
down €1,218 (-39.9%), from €3,053 to €1,835
- Financial charges +€987
up €987 (+56.8%), from €1,736 to €2,723
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 | €149,584 | €105,631 | -€43,953 | -29.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €66,436 | €53,043 | -€13,393 | -20.2% |
| Tangible fixed assets | 22/27 | €66,351 | €52,958 | -€13,393 | -20.2% |
| Plant, machinery and equipment | 23 | €624 | €179 | -€445 | -71.3% |
| Furniture and vehicles | 24 | €65,728 | €52,779 | -€12,948 | -19.7% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €83,147 | €52,588 | -€30,560 | -36.8% |
| Amounts receivable within one year | 40/41 | €22,753 | €25,264 | +€2,511 | +11.0% |
| Trade receivables | 40 | €17,253 | €16,433 | -€820 | -4.8% |
| Other amounts receivable | 41 | €5,500 | €8,831 | +€3,331 | +60.6% |
| Cash at bank and in hand | 54/58 | €60,127 | €26,650 | -€33,477 | -55.7% |
| Deferred charges and accrued income | 490/1 | €268 | €674 | +€406 | +152% |
| Total equity and liabilities | 10/49 | €149,584 | €105,631 | -€43,953 | -29.4% |
| Equity | 10/15 | €23,271 | €34,212 | +€10,941 | +47.0% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,221 | €34,162 | +€10,941 | +47.1% |
| Amounts payable | 17/49 | €126,312 | €71,419 | -€54,894 | -43.5% |
| Amounts payable after more than one year | 17 | €66,187 | €42,285 | -€23,903 | -36.1% |
| Financial debts | 170/4 | €66,187 | €42,285 | -€23,903 | -36.1% |
| Amounts payable within one year | 42/48 | €60,125 | €28,534 | -€31,591 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €14,369 | €14,833 | +€464 | +3.2% |
| Trade debts | 44 | €23,530 | €5,331 | -€18,199 | -77.3% |
| Suppliers | 440/4 | €23,530 | €5,331 | -€18,199 | -77.3% |
| Taxes, remuneration and social security | 45 | €17,201 | €8,369 | -€8,831 | -51.3% |
| Taxes | 450/3 | €17,201 | €8,369 | -€8,831 | -51.3% |
| Other amounts payable | 47/48 | €5,025 | - | -€5,025 | |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,079 | €14,311 | +€10,232 | +251% |
| Other operating charges | 640/8 | €3,053 | €1,835 | -€1,218 | -39.9% |
| Non-recurring operating charges | 66A | €19,020 | - | -€19,020 | |
| Gross operating margin | 9900 | €23,560 | €35,374 | +€11,813 | +50.1% |
| Operating profit (loss) | 9901 | -€2,592 | €19,228 | +€21,819 | |
| Financial income | 75/76B | €5 | €6 | +€2 | +36.5% |
| Recurring financial income | 75 | €5 | €6 | +€2 | +36.5% |
| Financial charges | 65/66B | €1,736 | €2,723 | +€987 | +56.8% |
| Recurring financial charges | 65 | €1,736 | €2,723 | +€987 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,324 | €16,511 | +€20,835 | |
| Income taxes | 67/77 | €2,040 | €5,570 | +€3,530 | +173% |
| Profit (loss) for the period | 9904 | -€6,364 | €10,941 | +€17,304 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,364 | €10,941 | +€17,304 |
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 24 October 2026 via checked.be.