JVM Consult: 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.
JVM Consult
Largest movements
- Receivables within one year -€7,313
no longer reported in 2023 (was €7,313)
of which Trade receivables: -€6,036
- Tangible fixed assets -€5,281
no longer reported in 2023 (was €5,281)
of which Furniture and vehicles: -€2,643
- Financial fixed assets +€1,500
new in 2023: €1,500
- Cash -€850
down €850 (-36.3%), from €2,340 to €1,490
- Profit (loss) carried forward -€42,186
down €42,186 (-34.3%), from -€122,886 to -€165,071
- Other debts +€31,071
up €31,071 (+24.4%), from €127,090 to €158,161
- Trade debts -€830
no longer reported in 2023 (was €830)
- Gross operating margin +€36,340
no longer reported in 2023 (was -€36,340)
- Depreciation -€5,883
no longer reported in 2023 (was €5,883)
- Other operating charges -€689
no longer reported in 2023 (was €689)
From the 2021 result to the 2023 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,435 | €5,490 | -€11,945 | -68.5% |
| Fixed assets | 21/28 | €5,281 | €1,500 | -€3,781 | -71.6% |
| Tangible fixed assets | 22/27 | €5,281 | - | -€5,281 | |
| Plant, machinery and equipment | 23 | €2,639 | - | -€2,639 | |
| Furniture and vehicles | 24 | €2,643 | - | -€2,643 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €12,153 | €3,990 | -€8,163 | -67.2% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,313 | - | -€7,313 | |
| Trade receivables | 40 | €6,036 | - | -€6,036 | |
| Other amounts receivable | 41 | €1,277 | - | -€1,277 | |
| Cash at bank and in hand | 54/58 | €2,340 | €1,490 | -€850 | -36.3% |
| Total equity and liabilities | 10/49 | €17,435 | €5,490 | -€11,945 | -68.5% |
| Equity | 10/15 | -€110,486 | -€152,671 | -€42,186 | -38.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,886 | -€165,071 | -€42,186 | -34.3% |
| Amounts payable | 17/49 | €127,920 | €158,161 | +€30,241 | +23.6% |
| Amounts payable within one year | 42/48 | €127,920 | €158,161 | +€30,241 | +23.6% |
| Trade debts | 44 | €830 | - | -€830 | |
| Suppliers | 440/4 | €830 | - | -€830 | |
| Other amounts payable | 47/48 | €127,090 | €158,161 | +€31,071 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,883 | - | -€5,883 | |
| Other operating charges | 640/8 | €689 | - | -€689 | |
| Gross operating margin | 9900 | -€36,340 | - | +€36,340 | |
| Operating profit (loss) | 9901 | -€42,912 | - | +€42,912 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€42,912 | - | +€42,912 | |
| Profit (loss) for the period | 9904 | -€42,912 | - | +€42,912 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,912 | - | +€42,912 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.