JVR Immo: 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.
JVR Immo
Largest movements
- Tangible fixed assets -€69,525
down €69,525 (-15.7%), from €444,108 to €374,582
- Profit (loss) carried forward -€65,376
down €65,376 (-10.1%), from -€645,961 to -€711,337
- Debts after one year +€32,127
up €32,127 (+4.3%), from €740,735 to €772,862
of which Other amounts payable: +€32,127
- Revaluation surpluses -€29,350
down €29,350 (-12.7%), from €231,950 to €202,600
- Trade debts -€4,988
down €4,988 (-66.5%), from €7,505 to €2,517
- Depreciation -€47,617
down €47,617 (-54.0%), from €88,200 to €40,583
- Gross operating margin -€7,198
down €7,198 (-82.2%), from -€8,758 to -€15,957
- Other operating charges +€643
up €643 (+21.6%), from €2,973 to €3,617
- Financial charges +€275
up €275 (+57.2%), from €481 to €755
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 | €497,510 | €428,444 | -€69,065 | -13.9% |
| Fixed assets | 21/28 | €444,108 | €374,582 | -€69,525 | -15.7% |
| Tangible fixed assets | 22/27 | €444,108 | €374,582 | -€69,525 | -15.7% |
| Land and buildings | 22 | €356,890 | €325,584 | -€31,305 | -8.8% |
| Plant, machinery and equipment | 23 | €38,565 | €11,618 | -€26,947 | -69.9% |
| Furniture and vehicles | 24 | €48,653 | €37,380 | -€11,273 | -23.2% |
| Current assets | 29/58 | €53,402 | €53,862 | +€460 | +0.9% |
| Stocks and contracts in progress | 3 | €47,326 | €47,326 | = | 0.0% |
| Stocks | 30/36 | €47,326 | €47,326 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,965 | €6,274 | +€309 | +5.2% |
| Trade receivables | 40 | €4,049 | €4,049 | = | 0.0% |
| Other amounts receivable | 41 | €1,917 | €2,226 | +€309 | +16.1% |
| Cash at bank and in hand | 54/58 | €110 | €261 | +€151 | +136.9% |
| Total equity and liabilities | 10/49 | €497,510 | €428,444 | -€69,065 | -13.9% |
| Equity | 10/15 | -€253,444 | -€348,171 | -€94,726 | -37.4% |
| Contributions | 10/11 | €99,100 | €99,100 | = | 0.0% |
| Capital | 10 | €99,100 | €99,100 | = | 0.0% |
| Issued capital | 100 | €99,100 | €99,100 | = | 0.0% |
| Revaluation surpluses | 12 | €231,950 | €202,600 | -€29,350 | -12.7% |
| Reserves | 13 | €61,466 | €61,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,078 | €3,078 | = | 0.0% |
| Other | 1319 | €3,078 | €3,078 | = | 0.0% |
| Distributable reserves | 133 | €58,389 | €58,389 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€645,961 | -€711,337 | -€65,376 | -10.1% |
| Amounts payable | 17/49 | €750,954 | €776,615 | +€25,661 | +3.4% |
| Amounts payable after more than one year | 17 | €740,735 | €772,862 | +€32,127 | +4.3% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €740,735 | €772,862 | +€32,127 | +4.3% |
| Amounts payable within one year | 42/48 | €10,219 | €3,753 | -€6,466 | -63.3% |
| Current portion of amounts payable after more than one year | 42 | €1,478 | €0 | -€1,478 | -100.0% |
| Trade debts | 44 | €7,505 | €2,517 | -€4,988 | -66.5% |
| Suppliers | 440/4 | €7,505 | €2,517 | -€4,988 | -66.5% |
| Other amounts payable | 47/48 | €1,236 | €1,236 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,200 | €40,583 | -€47,617 | -54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,973 | €3,617 | +€643 | +21.6% |
| Non-recurring operating charges | 66A | - | €4,464 | +€4,464 | |
| Gross operating margin | 9900 | -€8,758 | -€15,957 | -€7,198 | -82.2% |
| Operating profit (loss) | 9901 | -€99,932 | -€64,621 | +€35,311 | +35.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €481 | €755 | +€275 | +57.2% |
| Recurring financial charges | 65 | €481 | €755 | +€275 | +57.2% |
| Profit (loss) for the period before taxes | 9903 | -€100,412 | -€65,376 | +€35,036 | +34.9% |
| Profit (loss) for the period | 9904 | -€100,412 | -€65,376 | +€35,036 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,412 | -€65,376 | +€35,036 | +34.9% |
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 4 October 2026 via checked.be.