JVL-TECHNICS: 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.
JVL-TECHNICS
Largest movements
- Cash -€19,784
down €19,784 (-23.2%), from €85,175 to €65,391
mainly Contributions, distributions and other (-€46,000) and Investment in fixed assets (net) (-€7,376)
- Tangible fixed assets +€1,376
up €1,376 (+6.8%), from €20,102 to €21,478
of which Other tangible fixed assets: +€6,343
- Deferred charges and accrued income +€1,169
new in 2025: €1,169
- Reserves -€15,805
down €15,805 (-17.3%), from €91,364 to €75,559
- Tax, wage and social debts -€1,655
down €1,655 (-20.3%), from €8,171 to €6,517
of which Remuneration and social security: -€2,165
- Gross operating margin +€19,039
up €19,039 (+76.2%), from €24,997 to €44,036
- Depreciation +€2,382
up €2,382 (+65.8%), from €3,618 to €6,000
- Taxes +€1,613
up €1,613 (+29.9%), from €5,387 to €7,000
- Other operating charges -€539
down €539 (-41.2%), from €1,308 to €769
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 | €105,277 | €88,057 | -€17,219 | -16.4% |
| Fixed assets | 21/28 | €20,102 | €21,478 | +€1,376 | +6.8% |
| Tangible fixed assets | 22/27 | €20,102 | €21,478 | +€1,376 | +6.8% |
| Plant, machinery and equipment | 23 | €756 | €0 | -€756 | -100.0% |
| Furniture and vehicles | 24 | €19,346 | €15,135 | -€4,211 | -21.8% |
| Other tangible fixed assets | 26 | - | €6,343 | +€6,343 | |
| Current assets | 29/58 | €85,175 | €66,579 | -€18,596 | -21.8% |
| Amounts receivable within one year | 40/41 | - | €19 | +€19 | |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Cash at bank and in hand | 54/58 | €85,175 | €65,391 | -€19,784 | -23.2% |
| Deferred charges and accrued income | 490/1 | - | €1,169 | +€1,169 | |
| Total equity and liabilities | 10/49 | €105,277 | €88,057 | -€17,219 | -16.4% |
| Equity | 10/15 | €96,364 | €80,559 | -€15,805 | -16.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,364 | €75,559 | -€15,805 | -17.3% |
| Distributable reserves | 133 | €91,364 | €75,559 | -€15,805 | -17.3% |
| Amounts payable | 17/49 | €8,913 | €7,498 | -€1,415 | -15.9% |
| Amounts payable within one year | 42/48 | €8,663 | €7,498 | -€1,165 | -13.4% |
| Trade debts | 44 | €401 | €0 | -€401 | -100.0% |
| Suppliers | 440/4 | €401 | €0 | -€401 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,171 | €6,517 | -€1,655 | -20.3% |
| Taxes | 450/3 | €6,006 | €6,517 | +€511 | +8.5% |
| Remuneration and social security | 454/9 | €2,165 | - | -€2,165 | |
| Other amounts payable | 47/48 | €90 | €982 | +€891 | +985.7% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,618 | €6,000 | +€2,382 | +65.8% |
| Other operating charges | 640/8 | €1,308 | €769 | -€539 | -41.2% |
| Non-recurring operating charges | 66A | €5,134 | - | -€5,134 | |
| Gross operating margin | 9900 | €24,997 | €44,036 | +€19,039 | +76.2% |
| Operating profit (loss) | 9901 | €14,938 | €37,268 | +€22,330 | +149.5% |
| Financial income | 75/76B | €81 | - | -€81 | |
| Recurring financial income | 75 | €81 | - | -€81 | |
| Financial charges | 65/66B | €140 | €72 | -€68 | -48.5% |
| Recurring financial charges | 65 | €140 | €72 | -€68 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €14,879 | €37,195 | +€22,317 | +150.0% |
| Income taxes | 67/77 | €5,387 | €7,000 | +€1,613 | +29.9% |
| Profit (loss) for the period | 9904 | €9,492 | €30,195 | +€20,704 | +218.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,492 | €30,195 | +€20,704 | +218.1% |
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 5 October 2026 via checked.be.