JVS Invest: 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.
JVS Invest
Largest movements
- Cash +€52,293
up €52,293 (+358%), from €14,617 to €66,910
mainly Net result for the year (+€98,877) and Current investments (+€50,389)
- Current investments -€50,389
down €50,389 (-50.4%), from €100,000 to €49,611
- Receivables within one year -€4,736
down €4,736 (-19.9%), from €23,807 to €19,070
of which Other amounts receivable: -€4,303
- Tangible fixed assets +€1,725
up €1,725 (+88.0%), from €1,960 to €3,684
of which Furniture and vehicles: +€2,292
- Other debts +€19,185
up €19,185 (+17.6%), from €108,901 to €128,085
- Profit (loss) carried forward -€16,123
down €16,123 (-72.3%), from €22,314 to €6,191
- Trade debts -€3,476
down €3,476 (-97.2%), from €3,574 to €99
- Tax, wage and social debts -€3,393
down €3,393 (-62.9%), from €5,393 to €2,000
- Accrued charges and deferred income +€2,895
new in 2025: €2,895
- Gross operating margin +€7,350
up €7,350 (+6.5%), from €112,554 to €119,904
- Taxes -€4,730
down €4,730 (-20.0%), from €23,643 to €18,913
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 | €141,182 | €140,269 | -€912 | -0.6% |
| Fixed assets | 21/28 | €1,960 | €3,684 | +€1,725 | +88.0% |
| Tangible fixed assets | 22/27 | €1,960 | €3,684 | +€1,725 | +88.0% |
| Plant, machinery and equipment | 23 | €1,960 | €1,392 | -€567 | -28.9% |
| Furniture and vehicles | 24 | - | €2,292 | +€2,292 | |
| Current assets | 29/58 | €139,222 | €136,585 | -€2,637 | -1.9% |
| Stocks and contracts in progress | 3 | - | €170 | +€170 | |
| Stocks | 30/36 | - | €170 | +€170 | |
| Amounts receivable within one year | 40/41 | €23,807 | €19,070 | -€4,736 | -19.9% |
| Trade receivables | 40 | €18,583 | €18,150 | -€433 | -2.3% |
| Other amounts receivable | 41 | €5,223 | €920 | -€4,303 | -82.4% |
| Current investments | 50/53 | €100,000 | €49,611 | -€50,389 | -50.4% |
| Cash at bank and in hand | 54/58 | €14,617 | €66,910 | +€52,293 | +358% |
| Deferred charges and accrued income | 490/1 | €799 | €824 | +€25 | +3.1% |
| Total equity and liabilities | 10/49 | €141,182 | €140,269 | -€912 | -0.6% |
| Equity | 10/15 | €23,314 | €7,191 | -€16,123 | -69.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,314 | €6,191 | -€16,123 | -72.3% |
| Amounts payable | 17/49 | €117,868 | €133,078 | +€15,211 | +12.9% |
| Amounts payable within one year | 42/48 | €117,868 | €130,184 | +€12,316 | +10.4% |
| Trade debts | 44 | €3,574 | €99 | -€3,476 | -97.2% |
| Suppliers | 440/4 | €3,574 | €99 | -€3,476 | -97.2% |
| Taxes, remuneration and social security | 45 | €5,393 | €2,000 | -€3,393 | -62.9% |
| Taxes | 450/3 | €5,393 | €2,000 | -€3,393 | -62.9% |
| Other amounts payable | 47/48 | €108,901 | €128,085 | +€19,185 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €2,895 | +€2,895 | |
| Non-recurring operating income | 76A | €26,725 | - | -€26,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €774 | €681 | -€93 | -12.0% |
| Other operating charges | 640/8 | €643 | €774 | +€131 | +20.4% |
| Gross operating margin | 9900 | €112,554 | €119,904 | +€7,350 | +6.5% |
| Operating profit (loss) | 9901 | €111,137 | €118,449 | +€7,312 | +6.6% |
| Financial income | 75/76B | €317 | €605 | +€289 | +91.1% |
| Recurring financial income | 75 | €317 | €605 | +€289 | +91.1% |
| Financial charges | 65/66B | €1,541 | €1,264 | -€277 | -18.0% |
| Recurring financial charges | 65 | €1,541 | €1,264 | -€277 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €109,913 | €117,790 | +€7,878 | +7.2% |
| Income taxes | 67/77 | €23,643 | €18,913 | -€4,730 | -20.0% |
| Profit (loss) for the period | 9904 | €86,270 | €98,877 | +€12,607 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,270 | €98,877 | +€12,607 | +14.6% |
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 31 October 2026 via checked.be.