JVV Design: 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 Design
Largest movements
- Tangible fixed assets -€177,606
down €177,606 (-97.9%), from €181,401 to €3,795
of which Land and buildings: -€174,442
- Receivables within one year +€51,185
up €51,185 (+555%), from €9,222 to €60,407
of which Trade receivables: +€46,940
- Cash +€12,060
up €12,060 (+38,311%), from €31 to €12,092
mainly Investment in fixed assets (net) (+€174,442) and Net result for the year (+€4,937)
- Stocks and contracts +€11,281
new in 2025: €11,281
- Deferred charges and accrued income +€10,420
up €10,420 (+174%), from €6,000 to €16,420
- Other debts -€56,298
no longer reported in 2025 (was €56,298)
- Debts after one year -€25,254
no longer reported in 2025 (was €25,254)
- Trade debts -€10,482
down €10,482 (-79.5%), from €13,186 to €2,704
- Tax, wage and social debts -€6,691
down €6,691 (-35.6%), from €18,793 to €12,102
- Profit (loss) carried forward +€4,937
up €4,937 (+8.4%), from €58,763 to €63,700
- Gross operating margin -€19,864
down €19,864 (-44.4%), from €44,732 to €24,867
- Depreciation -€11,853
down €11,853 (-78.9%), from €15,018 to €3,164
- Financial charges +€10,430
up €10,430 (+2,812%), from €371 to €10,801
of which Non-recurring financial charges: +€8,981
- Taxes -€4,392
down €4,392 (-62.8%), from €6,992 to €2,600
- Financial income -€1,051
down €1,051 (-88.8%), from €1,183 to €132
of which Non-recurring financial income: -€957
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 | €196,654 | €103,995 | -€92,660 | -47.1% |
| Fixed assets | 21/28 | €181,401 | €3,795 | -€177,606 | -97.9% |
| Tangible fixed assets | 22/27 | €181,401 | €3,795 | -€177,606 | -97.9% |
| Land and buildings | 22 | €174,442 | - | -€174,442 | |
| Plant, machinery and equipment | 23 | €6,814 | €3,795 | -€3,019 | -44.3% |
| Furniture and vehicles | 24 | €145 | €0 | -€145 | -100% |
| Current assets | 29/58 | €15,254 | €100,200 | +€84,946 | +557% |
| Stocks and contracts in progress | 3 | - | €11,281 | +€11,281 | |
| Stocks | 30/36 | - | €11,281 | +€11,281 | |
| Amounts receivable within one year | 40/41 | €9,222 | €60,407 | +€51,185 | +555% |
| Trade receivables | 40 | €3,812 | €50,753 | +€46,940 | +1,231% |
| Other amounts receivable | 41 | €5,410 | €9,654 | +€4,244 | +78.5% |
| Cash at bank and in hand | 54/58 | €31 | €12,092 | +€12,060 | +38,311% |
| Deferred charges and accrued income | 490/1 | €6,000 | €16,420 | +€10,420 | +174% |
| Total equity and liabilities | 10/49 | €196,654 | €103,995 | -€92,660 | -47.1% |
| Equity | 10/15 | €72,094 | €77,031 | +€4,937 | +6.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,331 | €11,331 | = | 0.0% |
| Distributable reserves | 133 | €11,331 | €11,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,763 | €63,700 | +€4,937 | +8.4% |
| Amounts payable | 17/49 | €124,560 | €26,964 | -€97,597 | -78.4% |
| Amounts payable after more than one year | 17 | €25,254 | - | -€25,254 | |
| Financial debts | 170/4 | €25,254 | - | -€25,254 | |
| Amounts payable within one year | 42/48 | €99,307 | €25,836 | -€73,471 | -74.0% |
| Current portion of amounts payable after more than one year | 42 | €11,030 | €11,030 | = | 0.0% |
| Trade debts | 44 | €13,186 | €2,704 | -€10,482 | -79.5% |
| Suppliers | 440/4 | €13,186 | €2,704 | -€10,482 | -79.5% |
| Taxes, remuneration and social security | 45 | €18,793 | €12,102 | -€6,691 | -35.6% |
| Taxes | 450/3 | €18,793 | €12,102 | -€6,691 | -35.6% |
| Other amounts payable | 47/48 | €56,298 | - | -€56,298 | |
| Accrued charges and deferred income | 492/3 | - | €1,128 | +€1,128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,018 | €3,164 | -€11,853 | -78.9% |
| Other operating charges | 640/8 | €3,629 | €3,497 | -€132 | -3.6% |
| Gross operating margin | 9900 | €44,732 | €24,867 | -€19,864 | -44.4% |
| Operating profit (loss) | 9901 | €26,086 | €18,206 | -€7,879 | -30.2% |
| Financial income | 75/76B | €1,183 | €132 | -€1,051 | -88.8% |
| Recurring financial income | 75 | €226 | €132 | -€94 | -41.5% |
| Non-recurring financial income | 76B | €957 | - | -€957 | |
| Financial charges | 65/66B | €371 | €10,801 | +€10,430 | +2,812% |
| Recurring financial charges | 65 | €371 | €1,820 | +€1,449 | +391% |
| Non-recurring financial charges | 66B | - | €8,981 | +€8,981 | |
| Profit (loss) for the period before taxes | 9903 | €26,898 | €7,537 | -€19,361 | -72.0% |
| Income taxes | 67/77 | €6,992 | €2,600 | -€4,392 | -62.8% |
| Profit (loss) for the period | 9904 | €19,906 | €4,937 | -€14,969 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,906 | €4,937 | -€14,969 | -75.2% |
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 14 October 2026 via checked.be.