JVH groep: 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.
JVH groep
Largest movements
- Tangible fixed assets -€76,709
down €76,709 (-20.0%), from €383,223 to €306,514
of which Plant, machinery and equipment: -€66,883
- Cash +€20,206
up €20,206 (+92.7%), from €21,806 to €42,012
mainly Depreciation (+€90,864) and Receivables within one year (+€19,920)
- Receivables within one year -€19,920
down €19,920 (-23.8%), from €83,772 to €63,851
of which Other amounts receivable: -€12,157
- Deferred charges and accrued income -€5,558
down €5,558 (-16.9%), from €32,973 to €27,415
- Debts after one year -€42,441
down €42,441 (-17.9%), from €236,961 to €194,520
- Trade debts -€27,351
down €27,351 (-99.3%), from €27,556 to €205
- Profit (loss) carried forward -€10,678
down €10,678 (-26.9%), from €39,723 to €29,045
- Tax, wage and social debts -€8,513
down €8,513 (-40.1%), from €21,215 to €12,702
- Other debts +€7,002
up €7,002 (+4.5%), from €154,761 to €161,763
- Depreciation +€44,979
up €44,979 (+98.0%), from €45,885 to €90,864
- Taxes -€11,300
down €11,300 (-92.1%), from €12,266 to €966
- Financial charges +€3,789
up €3,789 (+71.2%), from €5,322 to €9,111
- Gross operating margin -€2,667
down €2,667 (-2.8%), from €94,888 to €92,222
- Other operating charges -€1,143
down €1,143 (-35.1%), from €3,252 to €2,110
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €543,257 | €461,276 | -€81,981 | -15.1% |
| Fixed assets | 21/28 | €404,706 | €327,997 | -€76,709 | -19.0% |
| Tangible fixed assets | 22/27 | €383,223 | €306,514 | -€76,709 | -20.0% |
| Land and buildings | 22 | €24,111 | €25,486 | +€1,374 | +5.7% |
| Plant, machinery and equipment | 23 | €336,712 | €269,828 | -€66,883 | -19.9% |
| Furniture and vehicles | 24 | €22,400 | €11,200 | -€11,200 | -50.0% |
| Financial fixed assets | 28 | €21,483 | €21,483 | = | 0.0% |
| Current assets | 29/58 | €138,551 | €133,279 | -€5,272 | -3.8% |
| Amounts receivable within one year | 40/41 | €83,772 | €63,851 | -€19,920 | -23.8% |
| Trade receivables | 40 | €14,352 | €6,589 | -€7,763 | -54.1% |
| Other amounts receivable | 41 | €69,420 | €57,263 | -€12,157 | -17.5% |
| Cash at bank and in hand | 54/58 | €21,806 | €42,012 | +€20,206 | +92.7% |
| Deferred charges and accrued income | 490/1 | €32,973 | €27,415 | -€5,558 | -16.9% |
| Total equity and liabilities | 10/49 | €543,257 | €461,276 | -€81,981 | -15.1% |
| Equity | 10/15 | €60,323 | €49,645 | -€10,678 | -17.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €1,850 | €1,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,723 | €29,045 | -€10,678 | -26.9% |
| Amounts payable | 17/49 | €482,934 | €411,631 | -€71,303 | -14.8% |
| Amounts payable after more than one year | 17 | €236,961 | €194,520 | -€42,441 | -17.9% |
| Financial debts | 170/4 | €236,961 | €194,520 | -€42,441 | -17.9% |
| Amounts payable within one year | 42/48 | €245,973 | €217,111 | -€28,862 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €42,441 | €42,441 | = | 0.0% |
| Trade debts | 44 | €27,556 | €205 | -€27,351 | -99.3% |
| Suppliers | 440/4 | €27,556 | €205 | -€27,351 | -99.3% |
| Taxes, remuneration and social security | 45 | €21,215 | €12,702 | -€8,513 | -40.1% |
| Taxes | 450/3 | €21,215 | €12,702 | -€8,513 | -40.1% |
| Other amounts payable | 47/48 | €154,761 | €161,763 | +€7,002 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,885 | €90,864 | +€44,979 | +98.0% |
| Other operating charges | 640/8 | €3,252 | €2,110 | -€1,143 | -35.1% |
| Gross operating margin | 9900 | €94,888 | €92,222 | -€2,667 | -2.8% |
| Operating profit (loss) | 9901 | €45,751 | -€752 | -€46,503 | |
| Financial income | 75/76B | €490 | €151 | -€339 | -69.2% |
| Recurring financial income | 75 | €490 | €151 | -€339 | -69.2% |
| Financial charges | 65/66B | €5,322 | €9,111 | +€3,789 | +71.2% |
| Recurring financial charges | 65 | €5,322 | €9,111 | +€3,789 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | €40,919 | -€9,712 | -€50,631 | |
| Income taxes | 67/77 | €12,266 | €966 | -€11,300 | -92.1% |
| Profit (loss) for the period | 9904 | €28,653 | -€10,678 | -€39,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,653 | -€10,678 | -€39,332 |
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 4 October 2026 via checked.be.