JVH Elektro: 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 Elektro
Largest movements
- Cash -€20,276
down €20,276 (-38.0%), from €53,351 to €33,076
mainly Tax, wage and social debts (-€14,605) and Receivables within one year (-€10,745)
- Receivables within one year +€10,745
up €10,745 (+40.5%), from €26,561 to €37,306
of which Other amounts receivable: +€18,926
- Tangible fixed assets -€9,843
down €9,843 (-30.5%), from €32,282 to €22,439
of which Furniture and vehicles: -€6,516
- Stocks and contracts +€2,210
up €2,210 (+17.0%), from €13,000 to €15,210
- Tax, wage and social debts -€14,605
down €14,605 (-56.9%), from €25,664 to €11,059
- Reserves +€11,000
up €11,000 (+16.4%), from €67,000 to €78,000
- Trade debts -€8,296
down €8,296 (-55.6%), from €14,923 to €6,628
- Debts after one year -€5,473
down €5,473 (-69.9%), from €7,827 to €2,355
- Gross operating margin -€8,170
down €8,170 (-22.5%), from €36,291 to €28,121
- Taxes -€2,375
down €2,375 (-35.4%), from €6,717 to €4,342
- Depreciation +€402
up €402 (+3.7%), from €10,778 to €11,180
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 | €125,195 | €108,030 | -€17,164 | -13.7% |
| Fixed assets | 21/28 | €32,282 | €22,439 | -€9,843 | -30.5% |
| Tangible fixed assets | 22/27 | €32,282 | €22,439 | -€9,843 | -30.5% |
| Plant, machinery and equipment | 23 | €6,528 | €3,939 | -€2,589 | -39.7% |
| Furniture and vehicles | 24 | €19,289 | €12,773 | -€6,516 | -33.8% |
| Other tangible fixed assets | 26 | €6,465 | €5,727 | -€738 | -11.4% |
| Current assets | 29/58 | €92,912 | €85,591 | -€7,321 | -7.9% |
| Stocks and contracts in progress | 3 | €13,000 | €15,210 | +€2,210 | +17.0% |
| Stocks | 30/36 | €13,000 | €15,210 | +€2,210 | +17.0% |
| Amounts receivable within one year | 40/41 | €26,561 | €37,306 | +€10,745 | +40.5% |
| Trade receivables | 40 | €11,518 | €3,336 | -€8,182 | -71.0% |
| Other amounts receivable | 41 | €15,043 | €33,970 | +€18,926 | +126% |
| Cash at bank and in hand | 54/58 | €53,351 | €33,076 | -€20,276 | -38.0% |
| Total equity and liabilities | 10/49 | €125,195 | €108,030 | -€17,164 | -13.7% |
| Equity | 10/15 | €71,074 | €82,516 | +€11,442 | +16.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €67,000 | €78,000 | +€11,000 | +16.4% |
| Distributable reserves | 133 | €67,000 | €78,000 | +€11,000 | +16.4% |
| Profit (loss) carried forward | 14 | €1,574 | €2,016 | +€442 | +28.1% |
| Amounts payable | 17/49 | €54,121 | €25,514 | -€28,606 | -52.9% |
| Amounts payable after more than one year | 17 | €7,827 | €2,355 | -€5,473 | -69.9% |
| Financial debts | 170/4 | €7,827 | €2,355 | -€5,473 | -69.9% |
| Amounts payable within one year | 42/48 | €45,817 | €23,160 | -€22,657 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €5,230 | €5,473 | +€243 | +4.6% |
| Trade debts | 44 | €14,923 | €6,628 | -€8,296 | -55.6% |
| Suppliers | 440/4 | €14,923 | €6,628 | -€8,296 | -55.6% |
| Taxes, remuneration and social security | 45 | €25,664 | €11,059 | -€14,605 | -56.9% |
| Taxes | 450/3 | €25,664 | €11,059 | -€14,605 | -56.9% |
| Accrued charges and deferred income | 492/3 | €476 | - | -€476 | |
| Non-recurring operating income | 76A | - | €2,086 | +€2,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,778 | €11,180 | +€402 | +3.7% |
| Other operating charges | 640/8 | €242 | €401 | +€160 | +66.1% |
| Gross operating margin | 9900 | €36,291 | €28,121 | -€8,170 | -22.5% |
| Operating profit (loss) | 9901 | €25,271 | €16,539 | -€8,731 | -34.6% |
| Financial charges | 65/66B | €484 | €755 | +€271 | +56.0% |
| Recurring financial charges | 65 | €484 | €755 | +€271 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €24,787 | €15,784 | -€9,002 | -36.3% |
| Income taxes | 67/77 | €6,717 | €4,342 | -€2,375 | -35.4% |
| Profit (loss) for the period | 9904 | €18,069 | €11,442 | -€6,627 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,069 | €11,442 | -€6,627 | -36.7% |
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 27 October 2026 via checked.be.