JVR 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.
JVR TECHNICS
Largest movements
- Cash +€56,788
up €56,788 (+47.4%), from €119,782 to €176,570
mainly Net result for the year (+€24,002) and Trade debts (+€20,815)
- Tangible fixed assets -€11,115
down €11,115 (-3.5%), from €315,076 to €303,960
of which Land and buildings: -€14,675
- Profit (loss) carried forward +€22,336
up €22,336 (+27.9%), from -€80,062 to -€57,725
- Trade debts +€20,815
up €20,815 (+1,114%), from €1,869 to €22,684
- Tax, wage and social debts -€6,166
down €6,166 (-73.2%), from €8,425 to €2,259
of which Taxes: -€3,617
- Accrued charges and deferred income +€5,282
up €5,282 (+3,426%), from €154 to €5,436
- Gross operating margin +€8,357
up €8,357 (+15.8%), from €52,803 to €61,160
- Depreciation -€7,255
down €7,255 (-29.1%), from €24,893 to €17,638
- Other operating charges -€2,852
down €2,852 (-28.4%), from €10,041 to €7,189
- Taxes +€1,617
up €1,617 (+16.1%), from €10,027 to €11,644
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 | €449,830 | €491,755 | +€41,925 | +9.3% |
| Fixed assets | 21/28 | €315,336 | €304,220 | -€11,115 | -3.5% |
| Tangible fixed assets | 22/27 | €315,076 | €303,960 | -€11,115 | -3.5% |
| Land and buildings | 22 | €313,094 | €298,419 | -€14,675 | -4.7% |
| Plant, machinery and equipment | 23 | €125 | €3,818 | +€3,693 | +2,954% |
| Furniture and vehicles | 24 | €1,857 | €1,723 | -€134 | -7.2% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €134,495 | €187,535 | +€53,040 | +39.4% |
| Amounts receivable within one year | 40/41 | €11,538 | €9,878 | -€1,659 | -14.4% |
| Trade receivables | 40 | €6,120 | €1,029 | -€5,091 | -83.2% |
| Other amounts receivable | 41 | €5,417 | €8,849 | +€3,432 | +63.3% |
| Cash at bank and in hand | 54/58 | €119,782 | €176,570 | +€56,788 | +47.4% |
| Deferred charges and accrued income | 490/1 | €3,175 | €1,086 | -€2,088 | -65.8% |
| Total equity and liabilities | 10/49 | €449,830 | €491,755 | +€41,925 | +9.3% |
| Equity | 10/15 | €437,374 | €459,711 | +€22,336 | +5.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €367,436 | €367,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,062 | -€57,725 | +€22,336 | +27.9% |
| Amounts payable | 17/49 | €12,456 | €32,045 | +€19,589 | +157% |
| Amounts payable within one year | 42/48 | €12,302 | €26,609 | +€14,307 | +116% |
| Trade debts | 44 | €1,869 | €22,684 | +€20,815 | +1,114% |
| Suppliers | 440/4 | €1,869 | €22,684 | +€20,815 | +1,114% |
| Taxes, remuneration and social security | 45 | €8,425 | €2,259 | -€6,166 | -73.2% |
| Taxes | 450/3 | €5,876 | €2,259 | -€3,617 | -61.6% |
| Remuneration and social security | 454/9 | €2,549 | - | -€2,549 | |
| Other amounts payable | 47/48 | €2,008 | €1,666 | -€342 | -17.1% |
| Accrued charges and deferred income | 492/3 | €154 | €5,436 | +€5,282 | +3,426% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,893 | €17,638 | -€7,255 | -29.1% |
| Other operating charges | 640/8 | €10,041 | €7,189 | -€2,852 | -28.4% |
| Gross operating margin | 9900 | €52,803 | €61,160 | +€8,357 | +15.8% |
| Operating profit (loss) | 9901 | €17,869 | €36,334 | +€18,465 | +103% |
| Financial income | 75/76B | €318 | €139 | -€179 | -56.3% |
| Recurring financial income | 75 | €318 | €139 | -€179 | -56.3% |
| Financial charges | 65/66B | €1,106 | €826 | -€280 | -25.3% |
| Recurring financial charges | 65 | €1,106 | €826 | -€280 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €17,082 | €35,647 | +€18,565 | +109% |
| Income taxes | 67/77 | €10,027 | €11,644 | +€1,617 | +16.1% |
| Profit (loss) for the period | 9904 | €7,055 | €24,002 | +€16,948 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €7,055 | €24,002 | +€16,948 | +240% |
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 15 October 2026 via checked.be.