NOT JVR: 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.
NOT JVR
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash +€16,492
up €16,492 (+22.6%), from €72,903 to €89,395
mainly Net result for the year (+€65,800) and Receivables within one year (+€11,678)
- Receivables within one year -€11,678
down €11,678 (-99.9%), from €11,689 to €11
of which Trade receivables: -€11,689
- Tangible fixed assets +€3,249
up €3,249 (+187.6%), from €1,732 to €4,982
of which Other tangible fixed assets: +€2,282
- Profit (loss) carried forward +€65,800
up €65,800 (+115.1%), from €57,159 to €122,959
- Tax, wage and social debts +€1,758
up €1,758 (+7.3%), from €24,120 to €25,877
- Gross operating margin +€10,144
up €10,144 (+14.1%), from €72,100 to €82,244
- Taxes +€2,107
up €2,107 (+14.5%), from €14,516 to €16,623
- Financial income +€1,722
up €1,722 (+2027.8%), from €85 to €1,807
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.
Cash bridge derived
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 | €86,325 | €154,388 | +€68,063 | +78.8% |
| Fixed assets | 21/28 | €1,732 | €4,982 | +€3,249 | +187.6% |
| Tangible fixed assets | 22/27 | €1,732 | €4,982 | +€3,249 | +187.6% |
| Furniture and vehicles | 24 | €1,732 | €2,699 | +€967 | +55.8% |
| Other tangible fixed assets | 26 | - | €2,282 | +€2,282 | |
| Current assets | 29/58 | €84,592 | €149,406 | +€64,814 | +76.6% |
| Amounts receivable within one year | 40/41 | €11,689 | €11 | -€11,678 | -99.9% |
| Trade receivables | 40 | €11,689 | €0 | -€11,689 | -100.0% |
| Other amounts receivable | 41 | €0 | €11 | +€11 | +2477.3% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €72,903 | €89,395 | +€16,492 | +22.6% |
| Total equity and liabilities | 10/49 | €86,325 | €154,388 | +€68,063 | +78.8% |
| Equity | 10/15 | €58,659 | €124,459 | +€65,800 | +112.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,159 | €122,959 | +€65,800 | +115.1% |
| Amounts payable | 17/49 | €27,665 | €29,928 | +€2,263 | +8.2% |
| Amounts payable within one year | 42/48 | €27,665 | €29,928 | +€2,263 | +8.2% |
| Trade debts | 44 | €650 | €650 | = | 0.0% |
| Suppliers | 440/4 | €650 | €650 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,120 | €25,877 | +€1,758 | +7.3% |
| Taxes | 450/3 | €24,120 | €25,877 | +€1,758 | +7.3% |
| Other amounts payable | 47/48 | €2,896 | €3,401 | +€505 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €821 | +€512 | +165.7% |
| Other operating charges | 640/8 | €190 | €378 | +€189 | +99.5% |
| Gross operating margin | 9900 | €72,100 | €82,244 | +€10,144 | +14.1% |
| Operating profit (loss) | 9901 | €71,601 | €81,044 | +€9,443 | +13.2% |
| Financial income | 75/76B | €85 | €1,807 | +€1,722 | +2027.8% |
| Recurring financial income | 75 | €85 | €1,807 | +€1,722 | +2027.8% |
| Financial charges | 65/66B | €11 | €428 | +€417 | +3740.4% |
| Recurring financial charges | 65 | €11 | €428 | +€417 | +3740.4% |
| Profit (loss) for the period before taxes | 9903 | €71,675 | €82,423 | +€10,748 | +15.0% |
| Income taxes | 67/77 | €14,516 | €16,623 | +€2,107 | +14.5% |
| Profit (loss) for the period | 9904 | €57,159 | €65,800 | +€8,641 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,159 | €65,800 | +€8,641 | +15.1% |
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 9 October 2026 via checked.be.