JVV: 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.
JVV
Largest movements
- Tangible fixed assets -€4,173
down €4,173 (-52.2%), from €7,998 to €3,825
- Stocks and contracts -€1,531
down €1,531 (-20.6%), from €7,435 to €5,904
- Receivables within one year +€1,125
new in 2025: €1,125
- Cash -€257
down €257 (-8.0%), from €3,233 to €2,976
mainly Other debts (-€6,129) and Tax, wage and social debts (-€1,408)
- Other debts -€6,129
down €6,129 (-76.2%), from €8,043 to €1,914
- Trade debts +€2,536
up €2,536 (+2,984%), from €85 to €2,621
- Tax, wage and social debts -€1,408
down €1,408 (-63.6%), from €2,214 to €806
- Gross operating margin +€2,433
up €2,433 (+23.9%), from €10,163 to €12,596
- Financial charges +€230
up €230 (+105%), from €219 to €449
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 | €18,666 | €13,830 | -€4,836 | -25.9% |
| Fixed assets | 21/28 | €7,998 | €3,825 | -€4,173 | -52.2% |
| Tangible fixed assets | 22/27 | €7,998 | €3,825 | -€4,173 | -52.2% |
| Furniture and vehicles | 24 | €7,998 | €3,825 | -€4,173 | -52.2% |
| Current assets | 29/58 | €10,668 | €10,005 | -€663 | -6.2% |
| Stocks and contracts in progress | 3 | €7,435 | €5,904 | -€1,531 | -20.6% |
| Stocks | 30/36 | €7,435 | €5,904 | -€1,531 | -20.6% |
| Amounts receivable within one year | 40/41 | - | €1,125 | +€1,125 | |
| Trade receivables | 40 | - | €1,125 | +€1,125 | |
| Cash at bank and in hand | 54/58 | €3,233 | €2,976 | -€257 | -8.0% |
| Total equity and liabilities | 10/49 | €18,666 | €13,830 | -€4,836 | -25.9% |
| Equity | 10/15 | €8,324 | €8,488 | +€164 | +2.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,324 | €6,488 | +€164 | +2.6% |
| Amounts payable | 17/49 | €10,342 | €5,342 | -€5,000 | -48.3% |
| Amounts payable within one year | 42/48 | €10,342 | €5,342 | -€5,000 | -48.3% |
| Trade debts | 44 | €85 | €2,621 | +€2,536 | +2,984% |
| Suppliers | 440/4 | €85 | €2,621 | +€2,536 | +2,984% |
| Taxes, remuneration and social security | 45 | €2,214 | €806 | -€1,408 | -63.6% |
| Taxes | 450/3 | €2,214 | €806 | -€1,408 | -63.6% |
| Other amounts payable | 47/48 | €8,043 | €1,914 | -€6,129 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,173 | €4,173 | = | 0.0% |
| Other operating charges | 640/8 | €7,781 | €7,750 | -€32 | -0.4% |
| Gross operating margin | 9900 | €10,163 | €12,596 | +€2,433 | +23.9% |
| Operating profit (loss) | 9901 | -€1,791 | €673 | +€2,464 | |
| Financial charges | 65/66B | €219 | €449 | +€230 | +105% |
| Recurring financial charges | 65 | €219 | €449 | +€230 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€2,011 | €224 | +€2,235 | |
| Income taxes | 67/77 | - | €60 | +€60 | |
| Profit (loss) for the period | 9904 | -€2,011 | €164 | +€2,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,011 | €164 | +€2,175 |
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 17 October 2026 via checked.be.