JVI: 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.
JVI
Largest movements
- Tangible fixed assets +€2,400
up €2,400 (+1.3%), from €182,690 to €185,090
of which Furniture and vehicles: +€7,041
- Reserves +€12,602
up €12,602 (+6.9%), from €181,870 to €194,471
- Current portion of long-term debt -€7,183
down €7,183 (-100%), from €7,183 to €0
- Trade debts -€3,458
down €3,458 (-49.0%), from €7,054 to €3,596
- Other debts +€3,177
up €3,177 (+43.4%), from €7,329 to €10,506
- Gross operating margin +€4,801
up €4,801 (+23.1%), from €20,810 to €25,611
- Taxes +€1,360
up €1,360 (+37.4%), from €3,635 to €4,995
- Financial charges -€865
down €865 (-73.4%), from €1,178 to €313
- Depreciation +€490
up €490 (+10.6%), from €4,641 to €5,131
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 | €226,334 | €230,083 | +€3,749 | +1.7% |
| Fixed assets | 21/28 | €182,690 | €185,090 | +€2,400 | +1.3% |
| Tangible fixed assets | 22/27 | €182,690 | €185,090 | +€2,400 | +1.3% |
| Land and buildings | 22 | €182,364 | €177,818 | -€4,545 | -2.5% |
| Plant, machinery and equipment | 23 | €326 | €231 | -€96 | -29.3% |
| Furniture and vehicles | 24 | - | €7,041 | +€7,041 | |
| Current assets | 29/58 | €43,643 | €44,993 | +€1,349 | +3.1% |
| Amounts receivable within one year | 40/41 | €3,744 | €4,990 | +€1,246 | +33.3% |
| Trade receivables | 40 | €1,992 | €2,347 | +€356 | +17.9% |
| Other amounts receivable | 41 | €1,752 | €2,643 | +€891 | +50.8% |
| Cash at bank and in hand | 54/58 | €37,237 | €38,184 | +€947 | +2.5% |
| Deferred charges and accrued income | 490/1 | €2,663 | €1,819 | -€844 | -31.7% |
| Total equity and liabilities | 10/49 | €226,334 | €230,083 | +€3,749 | +1.7% |
| Equity | 10/15 | €200,462 | €213,063 | +€12,602 | +6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €181,870 | €194,471 | +€12,602 | +6.9% |
| Distributable reserves | 133 | €181,870 | €194,471 | +€12,602 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,872 | €17,019 | -€8,853 | -34.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,854 | €17,019 | -€8,835 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €7,183 | €0 | -€7,183 | -100% |
| Trade debts | 44 | €7,054 | €3,596 | -€3,458 | -49.0% |
| Suppliers | 440/4 | €7,054 | €3,596 | -€3,458 | -49.0% |
| Taxes, remuneration and social security | 45 | €4,289 | €2,917 | -€1,371 | -32.0% |
| Taxes | 450/3 | €3,363 | €2,917 | -€446 | -13.3% |
| Remuneration and social security | 454/9 | €926 | €0 | -€926 | -100% |
| Other amounts payable | 47/48 | €7,329 | €10,506 | +€3,177 | +43.4% |
| Accrued charges and deferred income | 492/3 | €18 | €0 | -€18 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,641 | €5,131 | +€490 | +10.6% |
| Other operating charges | 640/8 | €2,583 | €2,721 | +€138 | +5.4% |
| Gross operating margin | 9900 | €20,810 | €25,611 | +€4,801 | +23.1% |
| Operating profit (loss) | 9901 | €13,586 | €17,758 | +€4,172 | +30.7% |
| Financial income | 75/76B | €123 | €152 | +€29 | +23.7% |
| Recurring financial income | 75 | €123 | €152 | +€29 | +23.7% |
| Financial charges | 65/66B | €1,178 | €313 | -€865 | -73.4% |
| Recurring financial charges | 65 | €1,178 | €313 | -€865 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €12,530 | €17,597 | +€5,067 | +40.4% |
| Income taxes | 67/77 | €3,635 | €4,995 | +€1,360 | +37.4% |
| Profit (loss) for the period | 9904 | €8,896 | €12,602 | +€3,706 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,896 | €12,602 | +€3,706 | +41.7% |
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 14 October 2026 via checked.be.