JZV: 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.
JZV
Largest movements
- Tangible fixed assets -€51,805
down €51,805 (-24.9%), from €207,842 to €156,038
of which Other tangible fixed assets: -€32,688
- Cash -€14,296
no longer reported in 2024 (was €14,296)
mainly Net result for the year (-€39,275) and Trade debts (-€25,462)
- Current investments +€14,233
new in 2024: €14,233
- Receivables within one year +€6,850
up €6,850 (+52.9%), from €12,942 to €19,791
of which Other amounts receivable: +€19,791
- Profit (loss) carried forward -€39,275
down €39,275 (-6.2%), from -€633,772 to -€673,047
- Trade debts -€25,462
down €25,462 (-89.6%), from €28,420 to €2,959
- Other debts +€17,231
up €17,231 (+4.9%), from €354,125 to €371,356
- Gross operating margin +€16,772
up €16,772 (+28.1%), from €59,625 to €76,397
- Depreciation -€4,746
down €4,746 (-8.4%), from €56,551 to €51,805
- Taxes -€1,842
down €1,842 (-99.9%), from €1,844 to €2
- Other operating charges -€1,125
down €1,125 (-20.0%), from €5,624 to €4,498
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,401 | €194,792 | -€45,609 | -19.0% |
| Fixed assets | 21/28 | €207,842 | €156,038 | -€51,805 | -24.9% |
| Tangible fixed assets | 22/27 | €207,842 | €156,038 | -€51,805 | -24.9% |
| Plant, machinery and equipment | 23 | €62,900 | €44,010 | -€18,890 | -30.0% |
| Furniture and vehicles | 24 | €579 | €353 | -€226 | -39.1% |
| Other tangible fixed assets | 26 | €144,363 | €111,675 | -€32,688 | -22.6% |
| Current assets | 29/58 | €32,558 | €38,754 | +€6,196 | +19.0% |
| Stocks and contracts in progress | 3 | €5,321 | €4,730 | -€591 | -11.1% |
| Stocks | 30/36 | €5,321 | €4,730 | -€591 | -11.1% |
| Amounts receivable within one year | 40/41 | €12,942 | €19,791 | +€6,850 | +52.9% |
| Trade receivables | 40 | €12,942 | - | -€12,942 | |
| Other amounts receivable | 41 | - | €19,791 | +€19,791 | |
| Current investments | 50/53 | - | €14,233 | +€14,233 | |
| Cash at bank and in hand | 54/58 | €14,296 | - | -€14,296 | |
| Total equity and liabilities | 10/49 | €240,401 | €194,792 | -€45,609 | -19.0% |
| Equity | 10/15 | -€570,719 | -€609,994 | -€39,275 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,453 | €44,453 | = | 0.0% |
| Distributable reserves | 133 | €44,453 | €44,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€633,772 | -€673,047 | -€39,275 | -6.2% |
| Amounts payable | 17/49 | €811,120 | €804,786 | -€6,334 | -0.8% |
| Amounts payable after more than one year | 17 | €425,000 | €425,000 | = | 0.0% |
| Financial debts | 170/4 | €425,000 | €425,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €385,786 | €379,786 | -€6,000 | -1.6% |
| Trade debts | 44 | €28,420 | €2,959 | -€25,462 | -89.6% |
| Suppliers | 440/4 | €28,420 | €2,959 | -€25,462 | -89.6% |
| Taxes, remuneration and social security | 45 | €3,240 | €5,471 | +€2,231 | +68.9% |
| Taxes | 450/3 | €1,369 | €669 | -€700 | -51.1% |
| Remuneration and social security | 454/9 | €1,871 | €4,802 | +€2,931 | +157% |
| Other amounts payable | 47/48 | €354,125 | €371,356 | +€17,231 | +4.9% |
| Accrued charges and deferred income | 492/3 | €334 | - | -€334 | |
| Remuneration, social security and pensions | 62 | €58,781 | €59,360 | +€580 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,551 | €51,805 | -€4,746 | -8.4% |
| Other operating charges | 640/8 | €5,624 | €4,498 | -€1,125 | -20.0% |
| Gross operating margin | 9900 | €59,625 | €76,397 | +€16,772 | +28.1% |
| Operating profit (loss) | 9901 | -€61,330 | -€39,267 | +€22,063 | +36.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5 | €6 | +€1 | +16.5% |
| Recurring financial charges | 65 | €5 | €6 | +€1 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€61,334 | -€39,272 | +€22,062 | +36.0% |
| Income taxes | 67/77 | €1,844 | €2 | -€1,842 | -99.9% |
| Profit (loss) for the period | 9904 | -€63,178 | -€39,275 | +€23,903 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,178 | -€39,275 | +€23,903 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.