JVR Accounting: 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.
JVR Accounting
Largest movements
- Financial fixed assets +€400,040
new in 2025: €400,040
- Receivables after one year -€33,238
no longer reported in 2025 (was €33,238)
- Cash +€7,295
up €7,295 (+35.5%), from €20,566 to €27,861
mainly Debts after one year (+€376,217) and Receivables after one year (+€33,238)
- Receivables within one year -€6,612
down €6,612 (-78.2%), from €8,456 to €1,844
of which Trade receivables: -€6,587
- Debts after one year +€376,217
up €376,217 (+6,282%), from €5,989 to €382,206
- Reserves -€58,475
no longer reported in 2025 (was €58,475)
- Other debts +€23,994
up €23,994 (+7,964%), from €301 to €24,295
- Current portion of long-term debt +€22,666
up €22,666 (+733%), from €3,092 to €25,758
- Gross operating margin +€16,145
up €16,145 (+46.4%), from €34,766 to €50,910
- Other operating charges +€9,685
up €9,685 (+1,077%), from €899 to €10,584
- Taxes +€1,038
up €1,038 (+12.7%), from €8,150 to €9,188
- Depreciation -€645
down €645 (-12.1%), from €5,339 to €4,694
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 | €71,188 | €434,722 | +€363,533 | +511% |
| Fixed assets | 21/28 | €8,928 | €405,016 | +€396,088 | +4,436% |
| Tangible fixed assets | 22/27 | €8,928 | €4,976 | -€3,952 | -44.3% |
| Furniture and vehicles | 24 | €8,928 | €3,406 | -€5,523 | -61.9% |
| Other tangible fixed assets | 26 | - | €1,571 | +€1,571 | |
| Financial fixed assets | 28 | - | €400,040 | +€400,040 | |
| Current assets | 29/58 | €62,260 | €29,705 | -€32,555 | -52.3% |
| Amounts receivable after more than one year | 29 | €33,238 | - | -€33,238 | |
| Other amounts receivable | 291 | €33,238 | - | -€33,238 | |
| Amounts receivable within one year | 40/41 | €8,456 | €1,844 | -€6,612 | -78.2% |
| Trade receivables | 40 | €7,986 | €1,399 | -€6,587 | -82.5% |
| Other amounts receivable | 41 | €470 | €446 | -€24 | -5.2% |
| Cash at bank and in hand | 54/58 | €20,566 | €27,861 | +€7,295 | +35.5% |
| Total equity and liabilities | 10/49 | €71,188 | €434,722 | +€363,533 | +511% |
| Equity | 10/15 | €60,475 | €2,000 | -€58,475 | -96.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €58,475 | - | -€58,475 | |
| Distributable reserves | 133 | €58,475 | - | -€58,475 | |
| Amounts payable | 17/49 | €10,713 | €432,722 | +€422,008 | +3,939% |
| Amounts payable after more than one year | 17 | €5,989 | €382,206 | +€376,217 | +6,282% |
| Financial debts | 170/4 | €5,989 | €382,206 | +€376,217 | +6,282% |
| Amounts payable within one year | 42/48 | €4,724 | €50,515 | +€45,791 | +969% |
| Current portion of amounts payable after more than one year | 42 | €3,092 | €25,758 | +€22,666 | +733% |
| Trade debts | 44 | €1,244 | €76 | -€1,168 | -93.9% |
| Suppliers | 440/4 | €1,244 | €76 | -€1,168 | -93.9% |
| Taxes, remuneration and social security | 45 | €87 | €386 | +€299 | +343% |
| Taxes | 450/3 | €87 | €386 | +€299 | +343% |
| Other amounts payable | 47/48 | €301 | €24,295 | +€23,994 | +7,964% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,339 | €4,694 | -€645 | -12.1% |
| Other operating charges | 640/8 | €899 | €10,584 | +€9,685 | +1,077% |
| Gross operating margin | 9900 | €34,766 | €50,910 | +€16,145 | +46.4% |
| Operating profit (loss) | 9901 | €28,528 | €35,633 | +€7,105 | +24.9% |
| Financial income | 75/76B | €209 | €63 | -€146 | -69.8% |
| Recurring financial income | 75 | €209 | €63 | -€146 | -69.8% |
| Financial charges | 65/66B | €1,834 | €2,214 | +€380 | +20.7% |
| Recurring financial charges | 65 | €1,834 | €2,214 | +€380 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €26,903 | €33,483 | +€6,580 | +24.5% |
| Income taxes | 67/77 | €8,150 | €9,188 | +€1,038 | +12.7% |
| Profit (loss) for the period | 9904 | €18,753 | €24,295 | +€5,542 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,753 | €24,295 | +€5,542 | +29.6% |
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 24 October 2026 via checked.be.