JVM Technics: 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 Technics
Largest movements
- Tangible fixed assets +€13,704
up €13,704 (+16.5%), from €82,913 to €96,617
of which Plant, machinery and equipment: +€13,432
- Cash -€12,101
down €12,101 (-44.2%), from €27,382 to €15,281
mainly Investment in fixed assets (net) (-€38,700) and Net result for the year (-€5,683)
- Receivables within one year -€4,654
down €4,654 (-32.0%), from €14,551 to €9,896
of which Trade receivables: -€11,181
- Current portion of long-term debt +€7,061
up €7,061 (+31.7%), from €22,259 to €29,320
- Profit (loss) carried forward -€5,683
down €5,683 (-23.0%), from €24,701 to €19,018
- Tax, wage and social debts -€5,373
down €5,373 (-34.2%), from €15,723 to €10,350
of which Taxes: -€9,930
- Gross operating margin -€14,451
down €14,451 (-37.8%), from €38,278 to €23,827
- Depreciation +€7,785
up €7,785 (+45.2%), from €17,212 to €24,997
- Taxes -€3,260
down €3,260 (-96.6%), from €3,376 to €116
- Financial charges +€1,331
up €1,331 (+136%), from €976 to €2,307
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.
Derived cash bridge
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 | €127,996 | €124,523 | -€3,473 | -2.7% |
| Fixed assets | 21/28 | €82,913 | €96,617 | +€13,704 | +16.5% |
| Tangible fixed assets | 22/27 | €82,913 | €96,617 | +€13,704 | +16.5% |
| Plant, machinery and equipment | 23 | €19,068 | €32,499 | +€13,432 | +70.4% |
| Furniture and vehicles | 24 | €63,846 | €56,992 | -€6,853 | -10.7% |
| Other tangible fixed assets | 26 | - | €7,125 | +€7,125 | |
| Current assets | 29/58 | €45,083 | €27,907 | -€17,176 | -38.1% |
| Stocks and contracts in progress | 3 | €2,126 | €1,063 | -€1,063 | -50.0% |
| Stocks | 30/36 | €2,126 | €1,063 | -€1,063 | -50.0% |
| Amounts receivable within one year | 40/41 | €14,551 | €9,896 | -€4,654 | -32.0% |
| Trade receivables | 40 | €12,874 | €1,693 | -€11,181 | -86.8% |
| Other amounts receivable | 41 | €1,676 | €8,203 | +€6,527 | +389% |
| Cash at bank and in hand | 54/58 | €27,382 | €15,281 | -€12,101 | -44.2% |
| Deferred charges and accrued income | 490/1 | €1,024 | €1,666 | +€642 | +62.7% |
| Total equity and liabilities | 10/49 | €127,996 | €124,523 | -€3,473 | -2.7% |
| Equity | 10/15 | €29,501 | €23,818 | -€5,683 | -19.3% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,701 | €19,018 | -€5,683 | -23.0% |
| Amounts payable | 17/49 | €98,495 | €100,705 | +€2,210 | +2.2% |
| Amounts payable after more than one year | 17 | €44,405 | €44,233 | -€171 | -0.4% |
| Financial debts | 170/4 | €44,405 | €44,233 | -€171 | -0.4% |
| Amounts payable within one year | 42/48 | €53,868 | €56,304 | +€2,436 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €22,259 | €29,320 | +€7,061 | +31.7% |
| Trade debts | 44 | €156 | €99 | -€57 | -36.7% |
| Suppliers | 440/4 | €156 | €99 | -€57 | -36.7% |
| Taxes, remuneration and social security | 45 | €15,723 | €10,350 | -€5,373 | -34.2% |
| Taxes | 450/3 | €12,860 | €2,930 | -€9,930 | -77.2% |
| Remuneration and social security | 454/9 | €2,863 | €7,420 | +€4,557 | +159% |
| Other amounts payable | 47/48 | €15,730 | €16,536 | +€806 | +5.1% |
| Accrued charges and deferred income | 492/3 | €223 | €168 | -€55 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,212 | €24,997 | +€7,785 | +45.2% |
| Other operating charges | 640/8 | €308 | €371 | +€62 | +20.3% |
| Non-recurring operating charges | 66A | - | €1,719 | +€1,719 | |
| Gross operating margin | 9900 | €38,278 | €23,827 | -€14,451 | -37.8% |
| Operating profit (loss) | 9901 | €20,758 | -€3,259 | -€24,017 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €976 | €2,307 | +€1,331 | +136% |
| Recurring financial charges | 65 | €976 | €2,307 | +€1,331 | +136% |
| Profit (loss) for the period before taxes | 9903 | €19,782 | -€5,566 | -€25,348 | |
| Income taxes | 67/77 | €3,376 | €116 | -€3,260 | -96.6% |
| Profit (loss) for the period | 9904 | €16,406 | -€5,683 | -€22,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,406 | -€5,683 | -€22,088 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.