CJW 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.
CJW SERVICES
Largest movements
- Tangible fixed assets +€76,572
up €76,572 (+7.9%), from €970,865 to €1.0m
of which Land and buildings: +€78,336
- Cash -€25,363
down €25,363 (-51.4%), from €49,369 to €24,006
mainly Investment in fixed assets (net) (-€110,450) and Debts after one year (-€42,871)
- Deferred charges and accrued income +€17,309
up €17,309 (+26,032%), from €66 to €17,375
- Reserves +€350,000
up €350,000 (+14,583%), from €2,400 to €352,400
- Profit (loss) carried forward -€336,271
down €336,271 (-94.6%), from €355,300 to €19,029
- Other debts +€86,989
up €86,989 (+21.6%), from €402,519 to €489,507
- Debts after one year -€42,871
down €42,871 (-21.2%), from €202,072 to €159,201
- Gross operating margin -€69,767
down €69,767 (-41.1%), from €169,932 to €100,164
- Other operating charges -€31,061
down €31,061 (-86.3%), from €36,007 to €4,946
- Depreciation -€7,935
down €7,935 (-19.0%), from €41,813 to €33,878
- Taxes -€7,102
down €7,102 (-31.5%), from €22,546 to €15,444
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.
Derived cash bridge
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 | €1,042,511 | €1,112,994 | +€70,483 | +6.8% |
| Fixed assets | 21/28 | €970,865 | €1,047,437 | +€76,572 | +7.9% |
| Tangible fixed assets | 22/27 | €970,865 | €1,047,437 | +€76,572 | +7.9% |
| Land and buildings | 22 | €927,142 | €1,005,478 | +€78,336 | +8.4% |
| Plant, machinery and equipment | 23 | €2,755 | €2,013 | -€742 | -26.9% |
| Furniture and vehicles | 24 | €2,528 | €3,045 | +€516 | +20.4% |
| Other tangible fixed assets | 26 | €38,440 | €36,902 | -€1,538 | -4.0% |
| Current assets | 29/58 | €71,646 | €65,557 | -€6,089 | -8.5% |
| Amounts receivable within one year | 40/41 | €22,210 | €24,176 | +€1,966 | +8.8% |
| Trade receivables | 40 | €12,100 | €10,491 | -€1,609 | -13.3% |
| Other amounts receivable | 41 | €10,110 | €13,685 | +€3,575 | +35.4% |
| Cash at bank and in hand | 54/58 | €49,369 | €24,006 | -€25,363 | -51.4% |
| Deferred charges and accrued income | 490/1 | €66 | €17,375 | +€17,309 | +26,032% |
| Total equity and liabilities | 10/49 | €1,042,511 | €1,112,994 | +€70,483 | +6.8% |
| Equity | 10/15 | €381,700 | €395,429 | +€13,729 | +3.6% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €2,400 | €352,400 | +€350,000 | +14,583% |
| Distributable reserves | 133 | €2,400 | €352,400 | +€350,000 | +14,583% |
| Profit (loss) carried forward | 14 | €355,300 | €19,029 | -€336,271 | -94.6% |
| Amounts payable | 17/49 | €660,811 | €717,565 | +€56,754 | +8.6% |
| Amounts payable after more than one year | 17 | €202,072 | €159,201 | -€42,871 | -21.2% |
| Financial debts | 170/4 | €202,072 | €159,201 | -€42,871 | -21.2% |
| Amounts payable within one year | 42/48 | €455,242 | €551,858 | +€96,615 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €42,275 | €42,871 | +€596 | +1.4% |
| Trade debts | 44 | €4,749 | €4,891 | +€142 | +3.0% |
| Suppliers | 440/4 | €4,749 | €4,891 | +€142 | +3.0% |
| Taxes, remuneration and social security | 45 | €5,700 | €14,588 | +€8,888 | +156% |
| Taxes | 450/3 | €5,700 | €6,548 | +€848 | +14.9% |
| Remuneration and social security | 454/9 | - | €8,040 | +€8,040 | |
| Other amounts payable | 47/48 | €402,519 | €489,507 | +€86,989 | +21.6% |
| Accrued charges and deferred income | 492/3 | €3,496 | €6,506 | +€3,010 | +86.1% |
| Non-recurring operating income | 76A | €7,500 | - | -€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,813 | €33,878 | -€7,935 | -19.0% |
| Other operating charges | 640/8 | €36,007 | €4,946 | -€31,061 | -86.3% |
| Gross operating margin | 9900 | €169,932 | €100,164 | -€69,767 | -41.1% |
| Operating profit (loss) | 9901 | €92,112 | €61,340 | -€30,772 | -33.4% |
| Financial income | 75/76B | - | €99 | +€99 | |
| Recurring financial income | 75 | - | €99 | +€99 | |
| Financial charges | 65/66B | €7,667 | €8,266 | +€599 | +7.8% |
| Recurring financial charges | 65 | €7,667 | €8,266 | +€599 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €84,445 | €53,174 | -€31,272 | -37.0% |
| Income taxes | 67/77 | €22,546 | €15,444 | -€7,102 | -31.5% |
| Profit (loss) for the period | 9904 | €61,899 | €37,729 | -€24,170 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,899 | €37,729 | -€24,170 | -39.0% |
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 15 October 2026 via checked.be.