DJW Projects: what changed
Two fiscal 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.
DJW Projects
Largest movements
- Receivables within one year -€43,513
down €43,513 (-28.4%), from €153,199 to €109,687
of which Trade receivables: -€121,883
- Tangible fixed assets +€24,113
up €24,113 (+51.2%), from €47,138 to €71,251
of which Plant, machinery and equipment: +€19,259
- Stocks and contracts +€20,715
up €20,715 (+37.4%), from €55,349 to €76,064
of which Contracts in progress: +€20,715
- Profit (loss) carried forward -€193,821
new in 2024: -€193,821
- Debts after one year +€130,254
up €130,254 (+677.4%), from €19,227 to €149,481
- Current portion of long-term debt +€50,939
up €50,939 (+842.1%), from €6,049 to €56,988
- Trade debts +€26,092
up €26,092 (+16.8%), from €155,239 to €181,330
- Tax, wage and social debts -€10,567
down €10,567 (-36.5%), from €28,990 to €18,422
- Gross operating margin -€163,072
down €163,072, from €78,417 to -€84,654
- Write-downs +€44,949
up €44,949 (+292.9%), from €15,347 to €60,295
- Financial charges +€20,757
up €20,757 (+709.6%), from €2,925 to €23,682
- Depreciation +€12,124
up €12,124 (+150.4%), from €8,059 to €20,182
- Taxes -€10,945
down €10,945 (-95.1%), from €11,508 to €563
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,225 | €264,081 | +€1,857 | +0.7% |
| Formation expenses | 20 | €789 | €174 | -€615 | -78.0% |
| Fixed assets | 21/28 | €51,038 | €76,851 | +€25,813 | +50.6% |
| Tangible fixed assets | 22/27 | €47,138 | €71,251 | +€24,113 | +51.2% |
| Plant, machinery and equipment | 23 | €11,157 | €30,416 | +€19,259 | +172.6% |
| Furniture and vehicles | 24 | €35,982 | €40,835 | +€4,854 | +13.5% |
| Financial fixed assets | 28 | €3,900 | €5,600 | +€1,700 | +43.6% |
| Current assets | 29/58 | €210,398 | €187,057 | -€23,340 | -11.1% |
| Stocks and contracts in progress | 3 | €55,349 | €76,064 | +€20,715 | +37.4% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €55,349 | €76,064 | +€20,715 | +37.4% |
| Amounts receivable within one year | 40/41 | €153,199 | €109,687 | -€43,513 | -28.4% |
| Trade receivables | 40 | €134,896 | €13,014 | -€121,883 | -90.4% |
| Other amounts receivable | 41 | €18,303 | €96,673 | +€78,370 | +428.2% |
| Cash at bank and in hand | 54/58 | €686 | €1,306 | +€621 | +90.6% |
| Deferred charges and accrued income | 490/1 | €1,163 | €0 | -€1,163 | -100.0% |
| Total equity and liabilities | 10/49 | €262,225 | €264,081 | +€1,857 | +0.7% |
| Equity | 10/15 | €51,681 | -€142,140 | -€193,821 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,181 | €49,181 | = | 0.0% |
| Distributable reserves | 133 | €49,181 | €49,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€193,821 | -€193,821 | |
| Amounts payable | 17/49 | €210,544 | €406,222 | +€195,678 | +92.9% |
| Amounts payable after more than one year | 17 | €19,227 | €149,481 | +€130,254 | +677.4% |
| Financial debts | 170/4 | €19,227 | €149,481 | +€130,254 | +677.4% |
| Amounts payable within one year | 42/48 | €191,317 | €256,741 | +€65,424 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €6,049 | €56,988 | +€50,939 | +842.1% |
| Financial debts | 43 | €1,039 | €0 | -€1,039 | -100.0% |
| Credit institutions | 430/8 | €1,039 | €0 | -€1,039 | -100.0% |
| Trade debts | 44 | €155,239 | €181,330 | +€26,092 | +16.8% |
| Suppliers | 440/4 | €155,239 | €181,330 | +€26,092 | +16.8% |
| Taxes, remuneration and social security | 45 | €28,990 | €18,422 | -€10,567 | -36.5% |
| Taxes | 450/3 | €28,990 | €18,422 | -€10,567 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,059 | €20,182 | +€12,124 | +150.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,347 | €60,295 | +€44,949 | +292.9% |
| Other operating charges | 640/8 | €5,014 | €3,535 | -€1,479 | -29.5% |
| Non-recurring operating charges | 66A | - | €3,868 | +€3,868 | |
| Gross operating margin | 9900 | €78,417 | -€84,654 | -€163,072 | |
| Operating profit (loss) | 9901 | €49,999 | -€172,535 | -€222,534 | |
| Financial income | 75/76B | €2,712 | €2,959 | +€246 | +9.1% |
| Recurring financial income | 75 | €2,712 | €2,959 | +€246 | +9.1% |
| Financial charges | 65/66B | €2,925 | €23,682 | +€20,757 | +709.6% |
| Recurring financial charges | 65 | €2,925 | €23,682 | +€20,757 | +709.6% |
| Profit (loss) for the period before taxes | 9903 | €49,786 | -€193,258 | -€243,044 | |
| Income taxes | 67/77 | €11,508 | €563 | -€10,945 | -95.1% |
| Profit (loss) for the period | 9904 | €38,278 | -€193,821 | -€232,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,278 | -€193,821 | -€232,099 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.