JVW Solutions: 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.
JVW Solutions
Largest movements
- Tangible fixed assets +€48,644
up €48,644 (+277%), from €17,540 to €66,184
of which Furniture and vehicles: +€45,381
- Receivables within one year +€9,730
up €9,730 (+54.1%), from €17,979 to €27,709
of which Trade receivables: +€9,837
- Cash -€5,078
down €5,078 (-15.3%), from €33,271 to €28,192
mainly Contributions, distributions and other (-€69,000) and Investment in fixed assets (net) (-€55,762)
- Deferred charges and accrued income -€1,649
down €1,649 (-58.1%), from €2,839 to €1,190
- Debts after one year +€16,767
new in 2025: €16,767
- Current portion of long-term debt +€16,233
new in 2025: €16,233
- Other debts +€13,925
up €13,925 (+24.8%), from €56,227 to €70,152
- Tax, wage and social debts +€4,267
up €4,267 (+45.6%), from €9,359 to €13,625
of which Remuneration and social security: +€2,381
- Gross operating margin +€37,167
up €37,167 (+64.4%), from €57,672 to €94,839
- Taxes +€6,755
up €6,755 (+57.8%), from €11,690 to €18,445
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 | €71,629 | €123,275 | +€51,647 | +72.1% |
| Fixed assets | 21/28 | €17,540 | €66,184 | +€48,644 | +277% |
| Tangible fixed assets | 22/27 | €17,540 | €66,184 | +€48,644 | +277% |
| Plant, machinery and equipment | 23 | - | €3,263 | +€3,263 | |
| Furniture and vehicles | 24 | €17,540 | €62,921 | +€45,381 | +259% |
| Current assets | 29/58 | €54,088 | €57,091 | +€3,003 | +5.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,979 | €27,709 | +€9,730 | +54.1% |
| Trade receivables | 40 | €17,872 | €27,709 | +€9,837 | +55.0% |
| Other amounts receivable | 41 | €107 | €0 | -€107 | -100% |
| Cash at bank and in hand | 54/58 | €33,271 | €28,192 | -€5,078 | -15.3% |
| Deferred charges and accrued income | 490/1 | €2,839 | €1,190 | -€1,649 | -58.1% |
| Total equity and liabilities | 10/49 | €71,629 | €123,275 | +€51,647 | +72.1% |
| Equity | 10/15 | €3,463 | €3,063 | -€399 | -11.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €963 | €563 | -€399 | -41.5% |
| Distributable reserves | 133 | €963 | €563 | -€399 | -41.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,166 | €120,212 | +€52,046 | +76.4% |
| Amounts payable after more than one year | 17 | - | €16,767 | +€16,767 | |
| Financial debts | 170/4 | - | €16,767 | +€16,767 | |
| Amounts payable within one year | 42/48 | €68,166 | €103,445 | +€35,279 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,233 | +€16,233 | |
| Financial debts | 43 | - | €45 | +€45 | |
| Credit institutions | 430/8 | - | €45 | +€45 | |
| Trade debts | 44 | €2,581 | €3,389 | +€808 | +31.3% |
| Suppliers | 440/4 | €2,581 | €3,389 | +€808 | +31.3% |
| Taxes, remuneration and social security | 45 | €9,359 | €13,625 | +€4,267 | +45.6% |
| Taxes | 450/3 | €9,359 | €11,244 | +€1,885 | +20.1% |
| Remuneration and social security | 454/9 | €0 | €2,381 | +€2,381 | |
| Other amounts payable | 47/48 | €56,227 | €70,152 | +€13,925 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,332 | €7,118 | +€786 | +12.4% |
| Other operating charges | 640/8 | €611 | €507 | -€104 | -17.0% |
| Gross operating margin | 9900 | €57,672 | €94,839 | +€37,167 | +64.4% |
| Operating profit (loss) | 9901 | €50,728 | €87,213 | +€36,485 | +71.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €100 | €168 | +€68 | +68.0% |
| Recurring financial charges | 65 | €100 | €168 | +€68 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | €50,629 | €87,046 | +€36,417 | +71.9% |
| Income taxes | 67/77 | €11,690 | €18,445 | +€6,755 | +57.8% |
| Profit (loss) for the period | 9904 | €38,938 | €68,601 | +€29,663 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,938 | €68,601 | +€29,663 | +76.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.