AWJ: 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.
AWJ
Largest movements
- Receivables within one year +€40,622
up €40,622 (+187.0%), from €21,728 to €62,350
of which Trade receivables: +€44,427
- Tangible fixed assets -€8,931
down €8,931 (-17.9%), from €49,941 to €41,009
of which Furniture and vehicles: -€13,719
- Trade debts +€30,561
up €30,561 (+392.9%), from €7,778 to €38,339
- Debts after one year -€12,649
down €12,649 (-36.1%), from €35,043 to €22,394
- Accrued charges and deferred income +€9,225
new in 2025: €9,225
- Reserves +€8,900
up €8,900 (+136.9%), from €6,500 to €15,400
- Short-term financial debts -€5,070
no longer reported in 2025 (was €5,070)
- Gross operating margin +€4,758
up €4,758 (+17.7%), from €26,833 to €31,591
- Depreciation +€1,890
up €1,890 (+14.6%), from €12,925 to €14,815
- Taxes +€876
up €876 (+27.0%), from €3,241 to €4,116
- Financial charges -€389
down €389 (-12.3%), from €3,165 to €2,776
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 | €71,668 | €104,754 | +€33,086 | +46.2% |
| Fixed assets | 21/28 | €49,941 | €41,009 | -€8,931 | -17.9% |
| Tangible fixed assets | 22/27 | €49,941 | €41,009 | -€8,931 | -17.9% |
| Plant, machinery and equipment | 23 | €2,716 | €7,505 | +€4,788 | +176.3% |
| Furniture and vehicles | 24 | €47,224 | €33,505 | -€13,719 | -29.1% |
| Current assets | 29/58 | €21,728 | €63,745 | +€42,017 | +193.4% |
| Amounts receivable within one year | 40/41 | €21,728 | €62,350 | +€40,622 | +187.0% |
| Trade receivables | 40 | €11,030 | €55,456 | +€44,427 | +402.8% |
| Other amounts receivable | 41 | €10,698 | €6,893 | -€3,804 | -35.6% |
| Cash at bank and in hand | 54/58 | - | €451 | +€451 | |
| Deferred charges and accrued income | 490/1 | - | €944 | +€944 | |
| Total equity and liabilities | 10/49 | €71,668 | €104,754 | +€33,086 | +46.2% |
| Equity | 10/15 | €8,603 | €17,506 | +€8,902 | +103.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €15,400 | +€8,900 | +136.9% |
| Distributable reserves | 133 | €6,500 | €15,400 | +€8,900 | +136.9% |
| Profit (loss) carried forward | 14 | €103 | €106 | +€2 | +2.0% |
| Amounts payable | 17/49 | €63,065 | €87,249 | +€24,184 | +38.3% |
| Amounts payable after more than one year | 17 | €35,043 | €22,394 | -€12,649 | -36.1% |
| Financial debts | 170/4 | €35,043 | €22,394 | -€12,649 | -36.1% |
| Amounts payable within one year | 42/48 | €28,022 | €55,630 | +€27,608 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €11,933 | €12,649 | +€716 | +6.0% |
| Financial debts | 43 | €5,070 | - | -€5,070 | |
| Credit institutions | 430/8 | €5,070 | - | -€5,070 | |
| Trade debts | 44 | €7,778 | €38,339 | +€30,561 | +392.9% |
| Suppliers | 440/4 | €7,778 | €38,339 | +€30,561 | +392.9% |
| Taxes, remuneration and social security | 45 | €3,241 | €4,642 | +€1,401 | +43.2% |
| Taxes | 450/3 | €3,241 | €4,116 | +€876 | +27.0% |
| Remuneration and social security | 454/9 | - | €525 | +€525 | |
| Accrued charges and deferred income | 492/3 | - | €9,225 | +€9,225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,925 | €14,815 | +€1,890 | +14.6% |
| Other operating charges | 640/8 | €941 | €1,003 | +€62 | +6.6% |
| Gross operating margin | 9900 | €26,833 | €31,591 | +€4,758 | +17.7% |
| Operating profit (loss) | 9901 | €12,968 | €15,773 | +€2,805 | +21.6% |
| Financial income | 75/76B | €41 | €21 | -€20 | -48.5% |
| Recurring financial income | 75 | €41 | €21 | -€20 | -48.5% |
| Financial charges | 65/66B | €3,165 | €2,776 | -€389 | -12.3% |
| Recurring financial charges | 65 | €3,165 | €2,776 | -€389 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €9,844 | €13,018 | +€3,174 | +32.2% |
| Income taxes | 67/77 | €3,241 | €4,116 | +€876 | +27.0% |
| Profit (loss) for the period | 9904 | €6,603 | €8,902 | +€2,299 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,603 | €8,902 | +€2,299 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.