JVO Staal: 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.
JVO Staal
Largest movements
- Cash +€29,664
up €29,664 (+601.3%), from €4,934 to €34,597
mainly Net result for the year (+€23,813) and Depreciation (+€16,635)
- Tangible fixed assets -€5,550
down €5,550 (-18.2%), from €30,413 to €24,863
of which Furniture and vehicles: -€4,885
- Receivables within one year +€1,803
up €1,803 (+14.6%), from €12,317 to €14,120
of which Trade receivables: +€3,012
- Reserves +€22,213
up €22,213 (+168.5%), from €13,183 to €35,396
- Tax, wage and social debts +€4,571
up €4,571 (+47.8%), from €9,565 to €14,135
of which Taxes: +€4,571
- Gross operating margin +€15,282
up €15,282 (+42.7%), from €35,775 to €51,057
- Taxes +€3,399
up €3,399 (+57.0%), from €5,965 to €9,364
- Depreciation +€2,963
up €2,963 (+21.7%), from €13,672 to €16,635
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 | €49,704 | €75,510 | +€25,807 | +51.9% |
| Fixed assets | 21/28 | €31,643 | €25,473 | -€6,170 | -19.5% |
| Intangible fixed assets | 21 | €1,230 | €610 | -€620 | -50.4% |
| Tangible fixed assets | 22/27 | €30,413 | €24,863 | -€5,550 | -18.2% |
| Plant, machinery and equipment | 23 | €10,478 | €9,812 | -€666 | -6.4% |
| Furniture and vehicles | 24 | €19,935 | €15,050 | -€4,885 | -24.5% |
| Current assets | 29/58 | €18,061 | €50,038 | +€31,977 | +177.1% |
| Amounts receivable within one year | 40/41 | €12,317 | €14,120 | +€1,803 | +14.6% |
| Trade receivables | 40 | €10,230 | €13,242 | +€3,012 | +29.4% |
| Other amounts receivable | 41 | €2,087 | €878 | -€1,209 | -57.9% |
| Cash at bank and in hand | 54/58 | €4,934 | €34,597 | +€29,664 | +601.3% |
| Deferred charges and accrued income | 490/1 | €810 | €1,321 | +€511 | +63.0% |
| Total equity and liabilities | 10/49 | €49,704 | €75,510 | +€25,807 | +51.9% |
| Equity | 10/15 | €14,183 | €36,396 | +€22,213 | +156.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,183 | €35,396 | +€22,213 | +168.5% |
| Distributable reserves | 133 | €13,183 | €35,396 | +€22,213 | +168.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,521 | €39,115 | +€3,594 | +10.1% |
| Amounts payable within one year | 42/48 | €35,521 | €39,115 | +€3,594 | +10.1% |
| Trade debts | 44 | €3,898 | €3,359 | -€539 | -13.8% |
| Suppliers | 440/4 | €3,898 | €3,359 | -€539 | -13.8% |
| Taxes, remuneration and social security | 45 | €9,565 | €14,135 | +€4,571 | +47.8% |
| Taxes | 450/3 | €7,765 | €12,335 | +€4,571 | +58.9% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €22,058 | €21,620 | -€438 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,672 | €16,635 | +€2,963 | +21.7% |
| Other operating charges | 640/8 | €1,283 | €1,183 | -€99 | -7.7% |
| Gross operating margin | 9900 | €35,775 | €51,057 | +€15,282 | +42.7% |
| Operating profit (loss) | 9901 | €20,821 | €33,239 | +€12,418 | +59.6% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €73 | €72 | -€1 | -1.5% |
| Recurring financial charges | 65 | €73 | €72 | -€1 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €20,748 | €33,177 | +€12,429 | +59.9% |
| Income taxes | 67/77 | €5,965 | €9,364 | +€3,399 | +57.0% |
| Profit (loss) for the period | 9904 | €14,783 | €23,813 | +€9,030 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,783 | €23,813 | +€9,030 | +61.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.