JVK CONCEPT: 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.
JVK CONCEPT
Largest movements
- Receivables within one year +€13,841
up €13,841 (+18.1%), from €76,314 to €90,156
- Cash -€11,937
down €11,937 (-9.6%), from €124,856 to €112,918
mainly Receivables within one year (-€13,841) and Trade debts (-€10,709)
- Tangible fixed assets -€3,195
down €3,195 (-11.4%), from €27,937 to €24,741
of which Land and buildings: -€2,132
- Trade debts -€10,709
down €10,709 (-98.0%), from €10,929 to €220
- Profit (loss) carried forward +€9,621
up €9,621 (+5.2%), from €185,080 to €194,701
- Gross operating margin -€7,123
down €7,123 (-28.6%), from €24,927 to €17,804
- Taxes -€2,293
down €2,293 (-39.2%), from €5,854 to €3,561
- Depreciation +€2,271
up €2,271 (+63.5%), from €3,574 to €5,845
- Financial income +€1,904
up €1,904 (+761,476%), from €0 to €1,904
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,909 | €229,618 | -€1,291 | -0.6% |
| Fixed assets | 21/28 | €27,937 | €24,741 | -€3,195 | -11.4% |
| Tangible fixed assets | 22/27 | €27,937 | €24,741 | -€3,195 | -11.4% |
| Land and buildings | 22 | €16,754 | €14,622 | -€2,132 | -12.7% |
| Plant, machinery and equipment | 23 | €3,957 | €4,653 | +€696 | +17.6% |
| Furniture and vehicles | 24 | €7,226 | €5,467 | -€1,760 | -24.4% |
| Current assets | 29/58 | €202,972 | €204,876 | +€1,904 | +0.9% |
| Amounts receivable within one year | 40/41 | €76,314 | €90,156 | +€13,841 | +18.1% |
| Trade receivables | 40 | €76,314 | €90,156 | +€13,841 | +18.1% |
| Cash at bank and in hand | 54/58 | €124,856 | €112,918 | -€11,937 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,802 | €1,802 | = | 0.0% |
| Total equity and liabilities | 10/49 | €230,909 | €229,618 | -€1,291 | -0.6% |
| Equity | 10/15 | €199,856 | €209,477 | +€9,621 | +4.8% |
| Contributions | 10/11 | €14,776 | €14,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,080 | €194,701 | +€9,621 | +5.2% |
| Amounts payable | 17/49 | €31,053 | €20,141 | -€10,912 | -35.1% |
| Amounts payable within one year | 42/48 | €30,303 | €18,641 | -€11,662 | -38.5% |
| Trade debts | 44 | €10,929 | €220 | -€10,709 | -98.0% |
| Suppliers | 440/4 | €10,929 | €220 | -€10,709 | -98.0% |
| Taxes, remuneration and social security | 45 | €7,239 | €5,950 | -€1,289 | -17.8% |
| Taxes | 450/3 | €7,239 | €5,950 | -€1,289 | -17.8% |
| Other amounts payable | 47/48 | €12,136 | €12,471 | +€335 | +2.8% |
| Accrued charges and deferred income | 492/3 | €750 | €1,500 | +€750 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,574 | €5,845 | +€2,271 | +63.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €24,927 | €17,804 | -€7,123 | -28.6% |
| Operating profit (loss) | 9901 | €20,847 | €11,439 | -€9,408 | -45.1% |
| Financial income | 75/76B | €0 | €1,904 | +€1,904 | +761,476% |
| Recurring financial income | 75 | €0 | €1,904 | +€1,904 | +761,476% |
| Financial charges | 65/66B | €54 | €161 | +€107 | +198% |
| Recurring financial charges | 65 | €54 | €161 | +€107 | +198% |
| Profit (loss) for the period before taxes | 9903 | €20,793 | €13,182 | -€7,611 | -36.6% |
| Income taxes | 67/77 | €5,854 | €3,561 | -€2,293 | -39.2% |
| Profit (loss) for the period | 9904 | €14,939 | €9,621 | -€5,318 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,939 | €9,621 | -€5,318 | -35.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.