JVISUAL: 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.
JVISUAL
Largest movements
- Cash +€19,710
up €19,710 (+101.8%), from €19,352 to €39,062
mainly Other debts (+€45,451) and Depreciation (+€18,257)
- Tangible fixed assets -€11,647
down €11,647 (-31.7%), from €36,690 to €25,043
of which Furniture and vehicles: -€12,405
- Receivables within one year +€2,773
up €2,773 (+16.9%), from €16,378 to €19,151
of which Other amounts receivable: +€1,425
- Other debts +€45,451
up €45,451 (+294.0%), from €15,461 to €60,912
- Reserves -€32,895
down €32,895 (-90.2%), from €36,476 to €3,581
- Current portion of long-term debt -€4,296
down €4,296 (-57.1%), from €7,524 to €3,229
- Tax, wage and social debts +€4,123
up €4,123 (+111.1%), from €3,712 to €7,835
of which Taxes: +€4,123
- Debts after one year -€3,229
down €3,229 (-100.0%), from €3,229 to €0
- Gross operating margin +€8,837
up €8,837 (+30.5%), from €28,985 to €37,822
- Depreciation +€5,327
up €5,327 (+41.2%), from €12,930 to €18,257
- Financial charges +€1,131
up €1,131 (+75.8%), from €1,492 to €2,623
- Taxes +€1,117
up €1,117 (+37.5%), from €2,977 to €4,094
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.
Cash bridge derived
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 | €73,166 | €84,647 | +€11,481 | +15.7% |
| Fixed assets | 21/28 | €36,690 | €25,043 | -€11,647 | -31.7% |
| Tangible fixed assets | 22/27 | €36,690 | €25,043 | -€11,647 | -31.7% |
| Plant, machinery and equipment | 23 | €8,835 | €9,593 | +€758 | +8.6% |
| Furniture and vehicles | 24 | €27,855 | €15,450 | -€12,405 | -44.5% |
| Current assets | 29/58 | €36,476 | €59,604 | +€23,128 | +63.4% |
| Amounts receivable within one year | 40/41 | €16,378 | €19,151 | +€2,773 | +16.9% |
| Trade receivables | 40 | €12,201 | €13,548 | +€1,348 | +11.0% |
| Other amounts receivable | 41 | €4,177 | €5,602 | +€1,425 | +34.1% |
| Cash at bank and in hand | 54/58 | €19,352 | €39,062 | +€19,710 | +101.8% |
| Deferred charges and accrued income | 490/1 | €746 | €1,391 | +€646 | +86.6% |
| Total equity and liabilities | 10/49 | €73,166 | €84,647 | +€11,481 | +15.7% |
| Equity | 10/15 | €39,476 | €6,581 | -€32,895 | -83.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,476 | €3,581 | -€32,895 | -90.2% |
| Distributable reserves | 133 | €36,476 | €3,581 | -€32,895 | -90.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,690 | €78,066 | +€44,376 | +131.7% |
| Amounts payable after more than one year | 17 | €3,229 | €0 | -€3,229 | -100.0% |
| Financial debts | 170/4 | €3,229 | €0 | -€3,229 | -100.0% |
| Amounts payable within one year | 42/48 | €30,461 | €78,066 | +€47,605 | +156.3% |
| Current portion of amounts payable after more than one year | 42 | €7,524 | €3,229 | -€4,296 | -57.1% |
| Trade debts | 44 | €3,764 | €6,090 | +€2,326 | +61.8% |
| Suppliers | 440/4 | €3,764 | €6,090 | +€2,326 | +61.8% |
| Taxes, remuneration and social security | 45 | €3,712 | €7,835 | +€4,123 | +111.1% |
| Taxes | 450/3 | €1,712 | €5,835 | +€4,123 | +240.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €15,461 | €60,912 | +€45,451 | +294.0% |
| Non-recurring operating income | 76A | €361 | €0 | -€361 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,930 | €18,257 | +€5,327 | +41.2% |
| Other operating charges | 640/8 | €1,023 | €750 | -€273 | -26.7% |
| Gross operating margin | 9900 | €28,985 | €37,822 | +€8,837 | +30.5% |
| Operating profit (loss) | 9901 | €15,032 | €18,814 | +€3,783 | +25.2% |
| Financial income | 75/76B | €0 | €7 | +€7 | +71600.0% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +71600.0% |
| Financial charges | 65/66B | €1,492 | €2,623 | +€1,131 | +75.8% |
| Recurring financial charges | 65 | €1,492 | €2,623 | +€1,131 | +75.8% |
| Profit (loss) for the period before taxes | 9903 | €13,540 | €16,199 | +€2,659 | +19.6% |
| Income taxes | 67/77 | €2,977 | €4,094 | +€1,117 | +37.5% |
| Profit (loss) for the period | 9904 | €10,563 | €12,105 | +€1,542 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,563 | €12,105 | +€1,542 | +14.6% |
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 3 October 2026 via checked.be.