JVM Services: 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.
JVM Services
Largest movements
- Tangible fixed assets -€5,416
down €5,416 (-19.2%), from €28,235 to €22,819
of which Furniture and vehicles: -€6,547
- Receivables within one year -€1,655
down €1,655 (-11.0%), from €15,036 to €13,381
of which Trade receivables: -€2,377
- Cash -€1,574
down €1,574 (-29.6%), from €5,318 to €3,744
mainly Other debts (-€14,275) and Investment in fixed assets (net) (-€8,148)
- Deferred charges and accrued income -€686
down €686 (-63.8%), from €1,075 to €389
- Reserves +€15,174
new in 2025: €15,174
- Other debts -€14,275
down €14,275 (-45.5%), from €31,402 to €17,126
- Trade debts -€7,440
down €7,440 (-52.8%), from €14,086 to €6,645
- Current portion of long-term debt -€3,998
down €3,998 (-91.6%), from €4,366 to €368
- Profit (loss) carried forward +€1,641
up €1,641, from -€1,641 to €0
- Gross operating margin +€12,307
up €12,307 (+44.8%), from €27,481 to €39,788
- Taxes +€4,455
up €4,455 (+167.9%), from €2,653 to €7,108
- Depreciation +€1,213
up €1,213 (+9.6%), from €12,697 to €13,911
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 | €53,733 | €44,468 | -€9,264 | -17.2% |
| Fixed assets | 21/28 | €29,966 | €24,204 | -€5,763 | -19.2% |
| Intangible fixed assets | 21 | €1,731 | €1,385 | -€346 | -20.0% |
| Tangible fixed assets | 22/27 | €28,235 | €22,819 | -€5,416 | -19.2% |
| Plant, machinery and equipment | 23 | €12,254 | €13,384 | +€1,130 | +9.2% |
| Furniture and vehicles | 24 | €15,982 | €9,435 | -€6,547 | -41.0% |
| Current assets | 29/58 | €23,766 | €20,264 | -€3,502 | -14.7% |
| Stocks and contracts in progress | 3 | €2,336 | €2,750 | +€413 | +17.7% |
| Stocks | 30/36 | €2,336 | €2,750 | +€413 | +17.7% |
| Amounts receivable within one year | 40/41 | €15,036 | €13,381 | -€1,655 | -11.0% |
| Trade receivables | 40 | €13,971 | €11,594 | -€2,377 | -17.0% |
| Other amounts receivable | 41 | €1,066 | €1,787 | +€722 | +67.7% |
| Cash at bank and in hand | 54/58 | €5,318 | €3,744 | -€1,574 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,075 | €389 | -€686 | -63.8% |
| Total equity and liabilities | 10/49 | €53,733 | €44,468 | -€9,264 | -17.2% |
| Equity | 10/15 | €859 | €17,674 | +€16,815 | +1957.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €15,174 | +€15,174 | |
| Distributable reserves | 133 | - | €15,174 | +€15,174 | |
| Profit (loss) carried forward | 14 | -€1,641 | €0 | +€1,641 | |
| Amounts payable | 17/49 | €52,874 | €26,794 | -€26,079 | -49.3% |
| Amounts payable after more than one year | 17 | €368 | €0 | -€368 | -100.0% |
| Financial debts | 170/4 | €368 | €0 | -€368 | -100.0% |
| Amounts payable within one year | 42/48 | €52,506 | €26,794 | -€25,712 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €4,366 | €368 | -€3,998 | -91.6% |
| Trade debts | 44 | €14,086 | €6,645 | -€7,440 | -52.8% |
| Suppliers | 440/4 | €14,086 | €6,645 | -€7,440 | -52.8% |
| Taxes, remuneration and social security | 45 | €2,653 | €2,655 | +€2 | +0.1% |
| Taxes | 450/3 | €2,653 | €2,655 | +€2 | +0.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,402 | €17,126 | -€14,275 | -45.5% |
| Remuneration, social security and pensions | 62 | -€60 | €0 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,697 | €13,911 | +€1,213 | +9.6% |
| Other operating charges | 640/8 | €1,416 | €1,663 | +€246 | +17.4% |
| Gross operating margin | 9900 | €27,481 | €39,788 | +€12,307 | +44.8% |
| Operating profit (loss) | 9901 | €13,427 | €24,215 | +€10,787 | +80.3% |
| Financial income | 75/76B | €38 | €83 | +€45 | +119.1% |
| Recurring financial income | 75 | €38 | €83 | +€45 | +119.1% |
| Financial charges | 65/66B | €336 | €375 | +€39 | +11.7% |
| Recurring financial charges | 65 | €336 | €375 | +€39 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €13,130 | €23,923 | +€10,793 | +82.2% |
| Income taxes | 67/77 | €2,653 | €7,108 | +€4,455 | +167.9% |
| Profit (loss) for the period | 9904 | €10,477 | €16,815 | +€6,338 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,477 | €16,815 | +€6,338 | +60.5% |
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 8 October 2026 via checked.be.