JVUC: 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.
JVUC
Largest movements
- Receivables within one year -€4,737
down €4,737 (-100%), from €4,737 to €0
of which Trade receivables: -€3,476
- Deferred charges and accrued income +€2,855
new in 2025: €2,855
- Cash -€819
down €819 (-22.3%), from €3,666 to €2,848
mainly Deferred charges and accrued income (-€2,855) and Tax, wage and social debts (-€1,041)
- Tax, wage and social debts -€1,041
down €1,041 (-100%), from €1,041 to €0
- Reserves -€848
down €848 (-23.9%), from €3,551 to €2,703
- Trade debts -€812
down €812 (-100%), from €812 to €0
- Gross operating margin -€3,489
down €3,489 (-79.2%), from €4,405 to €915
- Financial charges +€1,190
up €1,190 (+1,001%), from €119 to €1,309
of which Non-recurring financial charges: +€1,174
- Taxes -€987
down €987 (-94.8%), from €1,041 to €54
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 | €8,403 | €5,703 | -€2,701 | -32.1% |
| Current assets | 29/58 | €8,403 | €5,703 | -€2,701 | -32.1% |
| Amounts receivable within one year | 40/41 | €4,737 | €0 | -€4,737 | -100% |
| Trade receivables | 40 | €3,476 | €0 | -€3,476 | -100% |
| Other amounts receivable | 41 | €1,261 | €0 | -€1,261 | -100% |
| Cash at bank and in hand | 54/58 | €3,666 | €2,848 | -€819 | -22.3% |
| Deferred charges and accrued income | 490/1 | - | €2,855 | +€2,855 | |
| Total equity and liabilities | 10/49 | €8,403 | €5,703 | -€2,701 | -32.1% |
| Equity | 10/15 | €6,551 | €5,703 | -€848 | -12.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,551 | €2,703 | -€848 | -23.9% |
| Distributable reserves | 133 | €3,551 | €2,703 | -€848 | -23.9% |
| Amounts payable | 17/49 | €1,853 | €0 | -€1,853 | -100% |
| Amounts payable within one year | 42/48 | €1,853 | €0 | -€1,853 | -100% |
| Trade debts | 44 | €812 | €0 | -€812 | -100% |
| Suppliers | 440/4 | €812 | €0 | -€812 | -100% |
| Taxes, remuneration and social security | 45 | €1,041 | €0 | -€1,041 | -100% |
| Taxes | 450/3 | €1,041 | €0 | -€1,041 | -100% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | €4,405 | €915 | -€3,489 | -79.2% |
| Operating profit (loss) | 9901 | €4,020 | €516 | -€3,505 | -87.2% |
| Financial charges | 65/66B | €119 | €1,309 | +€1,190 | +1,001% |
| Recurring financial charges | 65 | €119 | €135 | +€16 | +13.8% |
| Non-recurring financial charges | 66B | - | €1,174 | +€1,174 | |
| Profit (loss) for the period before taxes | 9903 | €3,901 | -€794 | -€4,695 | |
| Income taxes | 67/77 | €1,041 | €54 | -€987 | -94.8% |
| Profit (loss) for the period | 9904 | €2,860 | -€848 | -€3,708 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,860 | -€848 | -€3,708 |
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 24 October 2026 via checked.be.