JVP Projects: what changed
What changed
JVP Projects
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€66,024
2024 · €88,569-€22,544
Equity
€255,917
2024 · €189,893+€66,024
Cash
€29,135
2024 · €37,138-€8,003
Balance sheet total
€800,936
2024 · €759,945+€40,991
Largest movements
Assets
- Tangible fixed assets +€109,922
up €109,922 (+434%), from €25,350 to €135,272
- Receivables within one year -€60,927
down €60,927 (-77.0%), from €79,124 to €18,196
of which Trade receivables: -€70,014
Equity and liabilities
- Debts after one year -€71,793
down €71,793 (-15.6%), from €459,835 to €388,042
- Reserves +€66,024
up €66,024 (+35.3%), from €186,893 to €252,917
- Trade debts +€26,543
up €26,543 (+56,668%), from €47 to €26,590
- Tax, wage and social debts +€16,972
up €16,972 (+41.2%), from €41,221 to €58,194
Income statement
- Gross operating margin -€27,607
down €27,607 (-19.5%), from €141,327 to €113,720
- Taxes -€11,443
down €11,443 (-37.2%), from €30,737 to €19,294
- Depreciation +€7,825
up €7,825 (+2,102%), from €372 to €8,197
- Financial charges -€1,414
down €1,414 (-6.5%), from €21,793 to €20,380
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€88,569
Gross operating margin
-€27,607
Depreciation
-€7,825
Other operating charges
-€426
Financial income
+€457
Financial charges
+€1,414
Taxes
+€11,443
Result 2025
€66,024
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€179,064
Investment
-€118,119
Financing
-€68,948
Cash 2024
€37,138
From operations (derived)
+€179,064
Net result for the year
+€66,024
Depreciation
+€8,197
Receivables within one year
+€60,927
Trade debts
+€26,543
Tax, wage and social debts
+€16,972
Accrued charges and deferred income
+€400
Investment (derived)
-€118,119
Investment in fixed assets (net)
-€118,119
Financing
-€68,948
Debts after one year
-€71,793
Current portion of long-term debt
+€2,845
Cash 2025
€29,135
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €759,945 | €800,936 | +€40,991 | +5.4% |
| Fixed assets | 21/28 | €643,683 | €753,605 | +€109,922 | +17.1% |
| Tangible fixed assets | 22/27 | €25,350 | €135,272 | +€109,922 | +434% |
| Other tangible fixed assets | 26 | €25,350 | €135,272 | +€109,922 | +434% |
| Financial fixed assets | 28 | €618,333 | €618,333 | = | 0.0% |
| Current assets | 29/58 | €116,262 | €47,331 | -€68,931 | -59.3% |
| Amounts receivable within one year | 40/41 | €79,124 | €18,196 | -€60,927 | -77.0% |
| Trade receivables | 40 | €70,254 | €240 | -€70,014 | -99.7% |
| Other amounts receivable | 41 | €8,870 | €17,956 | +€9,086 | +102% |
| Cash at bank and in hand | 54/58 | €37,138 | €29,135 | -€8,003 | -21.6% |
| Total equity and liabilities | 10/49 | €759,945 | €800,936 | +€40,991 | +5.4% |
| Equity | 10/15 | €189,893 | €255,917 | +€66,024 | +34.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €186,893 | €252,917 | +€66,024 | +35.3% |
| Distributable reserves | 133 | €186,893 | €252,917 | +€66,024 | +35.3% |
| Amounts payable | 17/49 | €570,052 | €545,019 | -€25,033 | -4.4% |
| Amounts payable after more than one year | 17 | €459,835 | €388,042 | -€71,793 | -15.6% |
| Financial debts | 170/4 | €459,835 | €388,042 | -€71,793 | -15.6% |
| Amounts payable within one year | 42/48 | €110,217 | €156,577 | +€46,360 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €68,948 | €71,793 | +€2,845 | +4.1% |
| Trade debts | 44 | €47 | €26,590 | +€26,543 | +56,668% |
| Suppliers | 440/4 | €47 | €26,590 | +€26,543 | +56,668% |
| Taxes, remuneration and social security | 45 | €41,221 | €58,194 | +€16,972 | +41.2% |
| Taxes | 450/3 | €41,221 | €58,194 | +€16,972 | +41.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €8,197 | +€7,825 | +2,102% |
| Other operating charges | 640/8 | €118 | €544 | +€426 | +361% |
| Gross operating margin | 9900 | €141,327 | €113,720 | -€27,607 | -19.5% |
| Operating profit (loss) | 9901 | €140,836 | €104,979 | -€35,858 | -25.5% |
| Financial income | 75/76B | €262 | €719 | +€457 | +174% |
| Recurring financial income | 75 | €262 | €719 | +€457 | +174% |
| Financial charges | 65/66B | €21,793 | €20,380 | -€1,414 | -6.5% |
| Recurring financial charges | 65 | €21,793 | €20,380 | -€1,414 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €119,305 | €85,318 | -€33,987 | -28.5% |
| Income taxes | 67/77 | €30,737 | €19,294 | -€11,443 | -37.2% |
| Profit (loss) for the period | 9904 | €88,569 | €66,024 | -€22,544 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €88,569 | €66,024 | -€22,544 | -25.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.