JVS: 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.
JVS
Largest movements
- Tangible fixed assets +€310,361
new in 2025: €310,361
- Receivables within one year +€130,396
up €130,396 (+63.0%), from €206,991 to €337,387
of which Trade receivables: +€90,000
- Debts after one year +€300,000
new in 2025: €300,000
- Trade debts +€108,900
new in 2025: €108,900
- Profit (loss) carried forward +€32,250
up €32,250 (+17.6%), from -€182,750 to -€150,499
- Gross operating margin +€64,207
up €64,207 (+602.2%), from €10,662 to €74,869
- Other operating charges +€40,806
up €40,806 (+32385.8%), from €126 to €40,932
- Depreciation +€870
new in 2025: €870
- Financial charges +€816
new in 2025: €816
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 | €206,995 | €648,145 | +€441,150 | +213.1% |
| Fixed assets | 21/28 | - | €310,361 | +€310,361 | |
| Tangible fixed assets | 22/27 | - | €310,361 | +€310,361 | |
| Land and buildings | 22 | - | €310,361 | +€310,361 | |
| Current assets | 29/58 | €206,995 | €337,785 | +€130,790 | +63.2% |
| Amounts receivable within one year | 40/41 | €206,991 | €337,387 | +€130,396 | +63.0% |
| Trade receivables | 40 | - | €90,000 | +€90,000 | |
| Other amounts receivable | 41 | €206,991 | €247,387 | +€40,396 | +19.5% |
| Cash at bank and in hand | 54/58 | €4 | €398 | +€394 | +9736.0% |
| Total equity and liabilities | 10/49 | €206,995 | €648,145 | +€441,150 | +213.1% |
| Equity | 10/15 | €206,995 | €239,245 | +€32,250 | +15.6% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Capital | 10 | €74,500 | €74,500 | = | 0.0% |
| Issued capital | 100 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €315,245 | €315,245 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,450 | €7,450 | = | 0.0% |
| Legal reserve | 130 | €7,450 | €7,450 | = | 0.0% |
| Distributable reserves | 133 | €307,795 | €307,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,750 | -€150,499 | +€32,250 | +17.6% |
| Amounts payable | 17/49 | - | €408,900 | +€408,900 | |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Other amounts payable | 178/9 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | - | €108,900 | +€108,900 | |
| Trade debts | 44 | - | €108,900 | +€108,900 | |
| Suppliers | 440/4 | - | €108,900 | +€108,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €870 | +€870 | |
| Other operating charges | 640/8 | €126 | €40,932 | +€40,806 | +32385.8% |
| Gross operating margin | 9900 | €10,662 | €74,869 | +€64,207 | +602.2% |
| Operating profit (loss) | 9901 | €10,536 | €33,067 | +€22,530 | +213.8% |
| Financial charges | 65/66B | - | €816 | +€816 | |
| Recurring financial charges | 65 | - | €816 | +€816 | |
| Profit (loss) for the period before taxes | 9903 | €10,536 | €32,250 | +€21,714 | +206.1% |
| Profit (loss) for the period | 9904 | €10,536 | €32,250 | +€21,714 | +206.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,536 | €32,250 | +€21,714 | +206.1% |
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 6 October 2026 via checked.be.