JVL WORKX: 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 WORKX
Largest movements
- Cash +€6,668
up €6,668 (+20.0%), from €33,318 to €39,986
mainly Net result for the year (+€8,310) and Other debts (+€4,204)
- Tangible fixed assets -€1,387
down €1,387 (-14.7%), from €9,459 to €8,072
- Receivables within one year -€792
down €792 (-11.3%), from €7,032 to €6,240
- Reserves +€8,310
up €8,310 (+30.1%), from €27,603 to €35,913
- Other debts +€4,204
up €4,204 (+114.0%), from €3,688 to €7,892
- Tax, wage and social debts -€4,097
down €4,097 (-30.7%), from €13,332 to €9,235
- Trade debts -€3,586
down €3,586 (-97.3%), from €3,686 to €100
- Depreciation -€862
down €862 (-38.3%), from €2,248 to €1,387
- Gross operating margin +€801
up €801 (+5.8%), from €13,888 to €14,689
- Taxes +€505
up €505 (+13.2%), from €3,837 to €4,342
- Other operating charges +€403
up €403 (+287.1%), from €141 to €544
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 | €49,809 | €54,639 | +€4,831 | +9.7% |
| Fixed assets | 21/28 | €9,459 | €8,072 | -€1,387 | -14.7% |
| Tangible fixed assets | 22/27 | €9,459 | €8,072 | -€1,387 | -14.7% |
| Plant, machinery and equipment | 23 | €1,156 | €993 | -€163 | -14.1% |
| Furniture and vehicles | 24 | €1,946 | €1,282 | -€664 | -34.1% |
| Other tangible fixed assets | 26 | €6,357 | €5,797 | -€560 | -8.8% |
| Current assets | 29/58 | €40,350 | €46,567 | +€6,217 | +15.4% |
| Amounts receivable within one year | 40/41 | €7,032 | €6,240 | -€792 | -11.3% |
| Trade receivables | 40 | €7,032 | €6,240 | -€792 | -11.3% |
| Cash at bank and in hand | 54/58 | €33,318 | €39,986 | +€6,668 | +20.0% |
| Deferred charges and accrued income | 490/1 | - | €341 | +€341 | |
| Total equity and liabilities | 10/49 | €49,809 | €54,639 | +€4,831 | +9.7% |
| Equity | 10/15 | €29,103 | €37,413 | +€8,310 | +28.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €27,603 | €35,913 | +€8,310 | +30.1% |
| Distributable reserves | 133 | €27,603 | €35,913 | +€8,310 | +30.1% |
| Amounts payable | 17/49 | €20,706 | €17,227 | -€3,479 | -16.8% |
| Amounts payable within one year | 42/48 | €20,706 | €17,227 | -€3,479 | -16.8% |
| Trade debts | 44 | €3,686 | €100 | -€3,586 | -97.3% |
| Suppliers | 440/4 | €3,686 | €100 | -€3,586 | -97.3% |
| Taxes, remuneration and social security | 45 | €13,332 | €9,235 | -€4,097 | -30.7% |
| Taxes | 450/3 | €13,332 | €9,235 | -€4,097 | -30.7% |
| Other amounts payable | 47/48 | €3,688 | €7,892 | +€4,204 | +114.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,248 | €1,387 | -€862 | -38.3% |
| Other operating charges | 640/8 | €141 | €544 | +€403 | +287.1% |
| Gross operating margin | 9900 | €13,888 | €14,689 | +€801 | +5.8% |
| Operating profit (loss) | 9901 | €11,499 | €12,759 | +€1,259 | +11.0% |
| Financial charges | 65/66B | €112 | €107 | -€5 | -4.7% |
| Recurring financial charges | 65 | €112 | €107 | -€5 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €11,387 | €12,652 | +€1,265 | +11.1% |
| Income taxes | 67/77 | €3,837 | €4,342 | +€505 | +13.2% |
| Profit (loss) for the period | 9904 | €7,551 | €8,310 | +€760 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,551 | €8,310 | +€760 | +10.1% |
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 7 October 2026 via checked.be.