JVT Cycling: 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.
JVT Cycling
Largest movements
- Cash +€22,376
up €22,376 (+1,492%), from €1,500 to €23,876
mainly Net result for the year (+€19,136) and Tax, wage and social debts (+€6,581)
- Receivables within one year +€3,492
new in 2025: €3,492
of which Trade receivables: +€2,225
- Tangible fixed assets +€2,042
new in 2025: €2,042
- Reserves +€18,031
new in 2025: €18,031
- Tax, wage and social debts +€6,581
new in 2025: €6,581
- Other debts +€1,667
new in 2025: €1,667
- Profit (loss) carried forward +€1,105
up €1,105, from -€1,105 to €0
- Trade debts +€526
up €526 (+47.5%), from €1,105 to €1,631
- Gross operating margin +€25,813
up €25,813, from -€1,105 to €24,708
- Taxes +€5,081
new in 2025: €5,081
- Other operating charges +€295
new in 2025: €295
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 | €1,500 | €29,411 | +€27,911 | +1,861% |
| Fixed assets | 21/28 | - | €2,042 | +€2,042 | |
| Tangible fixed assets | 22/27 | - | €2,042 | +€2,042 | |
| Plant, machinery and equipment | 23 | - | €2,042 | +€2,042 | |
| Current assets | 29/58 | €1,500 | €27,368 | +€25,868 | +1,725% |
| Amounts receivable within one year | 40/41 | - | €3,492 | +€3,492 | |
| Trade receivables | 40 | - | €2,225 | +€2,225 | |
| Other amounts receivable | 41 | - | €1,267 | +€1,267 | |
| Cash at bank and in hand | 54/58 | €1,500 | €23,876 | +€22,376 | +1,492% |
| Total equity and liabilities | 10/49 | €1,500 | €29,411 | +€27,911 | +1,861% |
| Equity | 10/15 | €395 | €19,531 | +€19,136 | +4,850% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €18,031 | +€18,031 | |
| Distributable reserves | 133 | - | €18,031 | +€18,031 | |
| Profit (loss) carried forward | 14 | -€1,105 | €0 | +€1,105 | |
| Amounts payable | 17/49 | €1,105 | €9,880 | +€8,774 | +794% |
| Amounts payable within one year | 42/48 | €1,105 | €9,880 | +€8,774 | +794% |
| Trade debts | 44 | €1,105 | €1,631 | +€526 | +47.5% |
| Suppliers | 440/4 | €1,105 | €1,631 | +€526 | +47.5% |
| Taxes, remuneration and social security | 45 | - | €6,581 | +€6,581 | |
| Taxes | 450/3 | - | €6,581 | +€6,581 | |
| Other amounts payable | 47/48 | - | €1,667 | +€1,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €115 | +€115 | |
| Other operating charges | 640/8 | - | €295 | +€295 | |
| Gross operating margin | 9900 | -€1,105 | €24,708 | +€25,813 | |
| Operating profit (loss) | 9901 | -€1,105 | €24,298 | +€25,404 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €81 | +€81 | |
| Recurring financial charges | 65 | - | €81 | +€81 | |
| Profit (loss) for the period before taxes | 9903 | -€1,105 | €24,218 | +€25,323 | |
| Income taxes | 67/77 | - | €5,081 | +€5,081 | |
| Profit (loss) for the period | 9904 | -€1,105 | €19,136 | +€20,242 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,105 | €19,136 | +€20,242 |
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 29 October 2026 via checked.be.