A J W SERVICES: 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.
A J W SERVICES
Largest movements
- Cash +€51,378
up €51,378 (+57.9%), from €88,786 to €140,164
mainly Net result for the year (+€35,732) and Other debts (+€23,207)
- Receivables within one year -€13,845
down €13,845 (-19.0%), from €72,739 to €58,894
of which Trade receivables: -€8,686
- Tangible fixed assets -€8,686
down €8,686 (-30.9%), from €28,125 to €19,439
of which Furniture and vehicles: -€8,716
- Other debts +€23,207
up €23,207 (+4,825%), from €481 to €23,688
- Profit (loss) carried forward +€11,431
no longer reported in 2026 (was -€11,431)
- Tax, wage and social debts -€9,832
down €9,832 (-57.8%), from €17,017 to €7,185
- Reserves +€3,468
up €3,468 (+1.9%), from €178,610 to €182,078
of which Distributable reserves: +€3,468
- Gross operating margin +€3,038
up €3,038 (+5.1%), from €59,830 to €62,868
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,877 | €219,807 | +€28,930 | +15.2% |
| Fixed assets | 21/28 | €28,125 | €19,439 | -€8,686 | -30.9% |
| Tangible fixed assets | 22/27 | €28,125 | €19,439 | -€8,686 | -30.9% |
| Plant, machinery and equipment | 23 | €257 | €287 | +€30 | +11.7% |
| Furniture and vehicles | 24 | €27,868 | €19,152 | -€8,716 | -31.3% |
| Current assets | 29/58 | €162,752 | €200,368 | +€37,616 | +23.1% |
| Amounts receivable within one year | 40/41 | €72,739 | €58,894 | -€13,845 | -19.0% |
| Trade receivables | 40 | €22,664 | €13,978 | -€8,686 | -38.3% |
| Other amounts receivable | 41 | €50,075 | €44,916 | -€5,159 | -10.3% |
| Cash at bank and in hand | 54/58 | €88,786 | €140,164 | +€51,378 | +57.9% |
| Deferred charges and accrued income | 490/1 | €1,227 | €1,310 | +€83 | +6.8% |
| Total equity and liabilities | 10/49 | €190,877 | €219,807 | +€28,930 | +15.2% |
| Equity | 10/15 | €173,379 | €188,278 | +€14,899 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €178,610 | €182,078 | +€3,468 | +1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €176,750 | €180,218 | +€3,468 | +2.0% |
| Profit (loss) carried forward | 14 | -€11,431 | - | +€11,431 | |
| Amounts payable | 17/49 | €17,498 | €31,529 | +€14,031 | +80.2% |
| Amounts payable within one year | 42/48 | €17,498 | €31,529 | +€14,031 | +80.2% |
| Trade debts | 44 | - | €656 | +€656 | |
| Suppliers | 440/4 | - | €656 | +€656 | |
| Taxes, remuneration and social security | 45 | €17,017 | €7,185 | -€9,832 | -57.8% |
| Taxes | 450/3 | €17,017 | €7,185 | -€9,832 | -57.8% |
| Other amounts payable | 47/48 | €481 | €23,688 | +€23,207 | +4,825% |
| Remuneration, social security and pensions | 62 | €111 | - | -€111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,961 | €9,027 | +€66 | +0.7% |
| Other operating charges | 640/8 | €1,082 | €845 | -€237 | -21.9% |
| Gross operating margin | 9900 | €59,830 | €62,868 | +€3,038 | +5.1% |
| Operating profit (loss) | 9901 | €49,676 | €52,996 | +€3,320 | +6.7% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €134 | €90 | -€44 | -32.8% |
| Recurring financial charges | 65 | €134 | €90 | -€44 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €49,542 | €52,917 | +€3,375 | +6.8% |
| Income taxes | 67/77 | €17,018 | €17,185 | +€167 | +1.0% |
| Profit (loss) for the period | 9904 | €32,524 | €35,732 | +€3,208 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,524 | €35,732 | +€3,208 | +9.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.