JVTECHNICS: what changed
JVTECHNICS
Largest movements
- Receivables within one year +€92,763
up €92,763 (+301%), from €30,798 to €123,561
of which Trade receivables: +€90,084
- Cash -€14,452
down €14,452 (-70.9%), from €20,397 to €5,944
mainly Receivables within one year (-€92,763) and Other debts (-€22,384)
- Tangible fixed assets -€3,048
down €3,048 (-37.0%), from €8,234 to €5,186
of which Plant, machinery and equipment: -€2,832
- Intangible fixed assets -€2,850
down €2,850 (-79.6%), from €3,580 to €730
- Trade debts +€66,530
up €66,530 (+292%), from €22,807 to €89,337
- Reserves +€40,675
up €40,675 (+75.6%), from €53,833 to €94,509
- Other debts -€22,384
down €22,384 (-96.3%), from €23,255 to €871
- Contributions -€18,000
down €18,000 (-100%), from €18,000 to €0
- Tax, wage and social debts +€4,195
up €4,195 (+238%), from €1,759 to €5,954
- Gross operating margin +€41,323
up €41,323 (+321%), from €12,867 to €54,190
- Taxes +€9,195
up €9,195 (+523%), from €1,759 to €10,954
- Financial income +€2,402
up €2,402 (+83.5%), from €2,879 to €5,281
- Depreciation +€1,581
up €1,581 (+36.6%), from €4,316 to €5,898
- Other operating charges -€1,025
down €1,025 (-71.9%), from €1,425 to €400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,655 | €190,671 | +€71,016 | +59.4% |
| Fixed assets | 21/28 | €14,864 | €8,966 | -€5,898 | -39.7% |
| Intangible fixed assets | 21 | €3,580 | €730 | -€2,850 | -79.6% |
| Tangible fixed assets | 22/27 | €8,234 | €5,186 | -€3,048 | -37.0% |
| Plant, machinery and equipment | 23 | €8,018 | €5,186 | -€2,832 | -35.3% |
| Furniture and vehicles | 24 | €216 | €0 | -€216 | -100% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €104,791 | €181,705 | +€76,914 | +73.4% |
| Stocks and contracts in progress | 3 | €53,596 | €52,199 | -€1,397 | -2.6% |
| Stocks | 30/36 | €53,596 | €52,199 | -€1,397 | -2.6% |
| Amounts receivable within one year | 40/41 | €30,798 | €123,561 | +€92,763 | +301% |
| Trade receivables | 40 | €26,567 | €116,652 | +€90,084 | +339% |
| Other amounts receivable | 41 | €4,231 | €6,910 | +€2,679 | +63.3% |
| Cash at bank and in hand | 54/58 | €20,397 | €5,944 | -€14,452 | -70.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €119,655 | €190,671 | +€71,016 | +59.4% |
| Equity | 10/15 | €71,833 | €94,509 | +€22,675 | +31.6% |
| Contributions | 10/11 | €18,000 | €0 | -€18,000 | -100% |
| Reserves | 13 | €53,833 | €94,509 | +€40,675 | +75.6% |
| Distributable reserves | 133 | €53,833 | €94,509 | +€40,675 | +75.6% |
| Amounts payable | 17/49 | €47,822 | €96,162 | +€48,340 | +101% |
| Amounts payable within one year | 42/48 | €47,822 | €96,162 | +€48,340 | +101% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €22,807 | €89,337 | +€66,530 | +292% |
| Suppliers | 440/4 | €22,807 | €89,337 | +€66,530 | +292% |
| Taxes, remuneration and social security | 45 | €1,759 | €5,954 | +€4,195 | +238% |
| Taxes | 450/3 | €1,759 | €5,954 | +€4,195 | +238% |
| Other amounts payable | 47/48 | €23,255 | €871 | -€22,384 | -96.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,316 | €5,898 | +€1,581 | +36.6% |
| Other operating charges | 640/8 | €1,425 | €400 | -€1,025 | -71.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €12,867 | €54,190 | +€41,323 | +321% |
| Operating profit (loss) | 9901 | €7,126 | €47,892 | +€40,766 | +572% |
| Financial income | 75/76B | €2,879 | €5,281 | +€2,402 | +83.5% |
| Recurring financial income | 75 | €2,879 | €5,281 | +€2,402 | +83.5% |
| Financial charges | 65/66B | €1,945 | €1,543 | -€402 | -20.6% |
| Recurring financial charges | 65 | €1,945 | €1,543 | -€402 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €8,060 | €51,629 | +€43,570 | +541% |
| Income taxes | 67/77 | €1,759 | €10,954 | +€9,195 | +523% |
| Profit (loss) for the period | 9904 | €6,300 | €40,675 | +€34,375 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €6,300 | €40,675 | +€34,375 | +546% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.