JVR ENGINEERING: what changed
JVR ENGINEERING
Largest movements
- Cash +€66,701
up €66,701 (+108%), from €61,559 to €128,260
mainly Net result for the year (+€63,230) and Receivables within one year (+€11,802)
- Receivables within one year -€11,802
down €11,802 (-38.9%), from €30,347 to €18,545
of which Trade receivables: -€18,828
- Tangible fixed assets -€5,897
down €5,897 (-25.3%), from €23,337 to €17,440
- Reserves +€62,406
up €62,406 (+70.8%), from €88,200 to €150,606
- Tax, wage and social debts -€14,659
down €14,659 (-65.4%), from €22,401 to €7,741
- Gross operating margin -€41,941
down €41,941 (-32.7%), from €128,192 to €86,251
- Taxes -€18,420
down €18,420 (-52.0%), from €35,410 to €16,991
- Depreciation +€1,502
up €1,502 (+34.2%), from €4,395 to €5,897
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,561 | €167,004 | +€49,442 | +42.1% |
| Fixed assets | 21/28 | €23,337 | €17,440 | -€5,897 | -25.3% |
| Tangible fixed assets | 22/27 | €23,337 | €17,440 | -€5,897 | -25.3% |
| Furniture and vehicles | 24 | €23,337 | €17,440 | -€5,897 | -25.3% |
| Current assets | 29/58 | €94,224 | €149,563 | +€55,340 | +58.7% |
| Amounts receivable within one year | 40/41 | €30,347 | €18,545 | -€11,802 | -38.9% |
| Trade receivables | 40 | €30,347 | €11,519 | -€18,828 | -62.0% |
| Other amounts receivable | 41 | - | €7,026 | +€7,026 | |
| Cash at bank and in hand | 54/58 | €61,559 | €128,260 | +€66,701 | +108% |
| Deferred charges and accrued income | 490/1 | €2,318 | €2,758 | +€441 | +19.0% |
| Total equity and liabilities | 10/49 | €117,561 | €167,004 | +€49,442 | +42.1% |
| Equity | 10/15 | €92,376 | €155,606 | +€63,230 | +68.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,200 | €150,606 | +€62,406 | +70.8% |
| Distributable reserves | 133 | €88,200 | €150,606 | +€62,406 | +70.8% |
| Profit (loss) carried forward | 14 | -€824 | - | +€824 | |
| Amounts payable | 17/49 | €25,185 | €11,398 | -€13,787 | -54.7% |
| Amounts payable within one year | 42/48 | €24,248 | €10,428 | -€13,820 | -57.0% |
| Trade debts | 44 | €19 | €73 | +€54 | +285% |
| Suppliers | 440/4 | €19 | €73 | +€54 | +285% |
| Taxes, remuneration and social security | 45 | €22,401 | €7,741 | -€14,659 | -65.4% |
| Taxes | 450/3 | €22,401 | €7,741 | -€14,659 | -65.4% |
| Other amounts payable | 47/48 | €1,828 | €2,614 | +€785 | +43.0% |
| Accrued charges and deferred income | 492/3 | €938 | €970 | +€33 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,395 | €5,897 | +€1,502 | +34.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €128,192 | €86,251 | -€41,941 | -32.7% |
| Operating profit (loss) | 9901 | €123,679 | €80,233 | -€43,446 | -35.1% |
| Financial income | 75/76B | €4 | €59 | +€55 | +1,380% |
| Recurring financial income | 75 | €4 | €59 | +€55 | +1,380% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €123,616 | €80,220 | -€43,396 | -35.1% |
| Income taxes | 67/77 | €35,410 | €16,991 | -€18,420 | -52.0% |
| Profit (loss) for the period | 9904 | €88,206 | €63,230 | -€24,976 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,206 | €63,230 | -€24,976 | -28.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.