JVS MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€35,873
up €35,873 (+4.6%), from €785,477 to €821,350
- Reserves +€23,925
up €23,925 (+4.2%), from €576,375 to €600,300
of which Distributable reserves: +€23,925
- Tax, wage and social debts +€11,791
up €11,791 (+327%), from €3,605 to €15,396
- Gross operating margin +€15,067
up €15,067 (+93.8%), from -€16,061 to -€994
- Taxes +€8,553
up €8,553 (+250%), from €3,422 to €11,975
- Financial income -€2,551
down €2,551 (-6.3%), from €40,689 to €38,138
- Financial charges -€1,467
no longer reported in 2025 (was €1,467)
- Depreciation -€192
down €192 (-51.0%), from €377 to €185
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,032,469 | €1,068,157 | +€35,688 | +3.5% |
| Fixed assets | 21/28 | €246,992 | €246,807 | -€185 | -0.1% |
| Tangible fixed assets | 22/27 | €185 | - | -€185 | |
| Furniture and vehicles | 24 | €185 | - | -€185 | |
| Financial fixed assets | 28 | €246,807 | €246,807 | = | 0.0% |
| Current assets | 29/58 | €785,477 | €821,350 | +€35,873 | +4.6% |
| Amounts receivable within one year | 40/41 | €785,477 | €821,350 | +€35,873 | +4.6% |
| Other amounts receivable | 41 | €785,477 | €821,350 | +€35,873 | +4.6% |
| Total equity and liabilities | 10/49 | €1,032,469 | €1,068,157 | +€35,688 | +3.5% |
| Equity | 10/15 | €1,017,067 | €1,040,997 | +€23,930 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €576,375 | €600,300 | +€23,925 | +4.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €570,175 | €594,100 | +€23,925 | +4.2% |
| Profit (loss) carried forward | 14 | €378,692 | €378,697 | +€5 | 0.0% |
| Amounts payable | 17/49 | €15,402 | €27,160 | +€11,758 | +76.3% |
| Amounts payable within one year | 42/48 | €15,402 | €27,160 | +€11,758 | +76.3% |
| Financial debts | 43 | €10,765 | €10,765 | = | 0.0% |
| Credit institutions | 430/8 | €10,765 | €10,765 | = | 0.0% |
| Trade debts | 44 | €1,031 | €998 | -€33 | -3.2% |
| Suppliers | 440/4 | €1,031 | €998 | -€33 | -3.2% |
| Taxes, remuneration and social security | 45 | €3,605 | €15,396 | +€11,791 | +327% |
| Taxes | 450/3 | €3,605 | €15,396 | +€11,791 | +327% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €185 | -€192 | -51.0% |
| Other operating charges | 640/8 | €968 | €1,054 | +€87 | +9.0% |
| Gross operating margin | 9900 | -€16,061 | -€994 | +€15,067 | +93.8% |
| Operating profit (loss) | 9901 | -€17,406 | -€2,233 | +€15,173 | +87.2% |
| Financial income | 75/76B | €40,689 | €38,138 | -€2,551 | -6.3% |
| Recurring financial income | 75 | €40,689 | €38,138 | -€2,551 | -6.3% |
| Financial charges | 65/66B | €1,467 | - | -€1,467 | |
| Recurring financial charges | 65 | €1,467 | - | -€1,467 | |
| Profit (loss) for the period before taxes | 9903 | €21,816 | €35,905 | +€14,089 | +64.6% |
| Income taxes | 67/77 | €3,422 | €11,975 | +€8,553 | +250% |
| Profit (loss) for the period | 9904 | €18,394 | €23,930 | +€5,536 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,394 | €23,930 | +€5,536 | +30.1% |
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 22 October 2026 via checked.be.