J & W CONSULTING: what changed
J & W CONSULTING
Largest movements
- Cash -€780,287
down €780,287 (-88.2%), from €884,800 to €104,512
mainly Contributions, distributions and other (-€2.1m) and Debts after one year (-€18,300)
- Current investments -€748,010
down €748,010 (-100%), from €748,010 to €0
- Receivables within one year -€39,919
down €39,919 (-19.8%), from €201,173 to €161,254
of which Other amounts receivable: -€39,919
- Tangible fixed assets -€35,718
down €35,718 (-16.2%), from €220,109 to €184,390
- Reserves -€2.0m
down €2.0m (-93.7%), from €2.1m to €133,964
- Other debts +€352,376
up €352,376 (+13,786%), from €2,556 to €354,932
- Profit (loss) carried forward +€72,538
up €72,538, from -€72,538 to €0
- Financial income +€187,548
up €187,548 (+2,886%), from €6,499 to €194,047
- Staff costs -€95,680
down €95,680 (-99.4%), from €96,287 to €607
- Taxes +€76,993
up €76,993 (+11,255%), from €684 to €77,677
- Gross operating margin -€65,398
down €65,398 (-52.3%), from €125,005 to €59,607
- Financial charges +€2,093
up €2,093 (+81.0%), from €2,585 to €4,678
of which Financial charges: +€2,093
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 | €2,195,229 | €591,295 | -€1.6m | -73.1% |
| Fixed assets | 21/28 | €361,247 | €325,528 | -€35,718 | -9.9% |
| Tangible fixed assets | 22/27 | €220,109 | €184,390 | -€35,718 | -16.2% |
| Land and buildings | 22 | €220,109 | €184,390 | -€35,718 | -16.2% |
| Financial fixed assets | 28 | €141,138 | €141,138 | = | 0.0% |
| Current assets | 29/58 | €1,833,982 | €265,767 | -€1.6m | -85.5% |
| Amounts receivable within one year | 40/41 | €201,173 | €161,254 | -€39,919 | -19.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €201,173 | €161,254 | -€39,919 | -19.8% |
| Current investments | 50/53 | €748,010 | €0 | -€748,010 | -100% |
| Cash at bank and in hand | 54/58 | €884,800 | €104,512 | -€780,287 | -88.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,195,229 | €591,295 | -€1.6m | -73.1% |
| Equity | 10/15 | €2,089,731 | €163,964 | -€1.9m | -92.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,132,269 | €133,964 | -€2.0m | -93.7% |
| Distributable reserves | 133 | €2,132,269 | €133,964 | -€2.0m | -93.7% |
| Profit (loss) carried forward | 14 | -€72,538 | €0 | +€72,538 | |
| Amounts payable | 17/49 | €105,498 | €427,331 | +€321,833 | +305% |
| Amounts payable after more than one year | 17 | €68,989 | €50,690 | -€18,300 | -26.5% |
| Financial debts | 170/4 | €68,989 | €50,690 | -€18,300 | -26.5% |
| Amounts payable within one year | 42/48 | €36,509 | €376,642 | +€340,133 | +932% |
| Current portion of amounts payable after more than one year | 42 | €17,604 | €18,300 | +€696 | +4.0% |
| Trade debts | 44 | €2,674 | €0 | -€2,674 | -100% |
| Suppliers | 440/4 | €2,674 | €0 | -€2,674 | -100% |
| Taxes, remuneration and social security | 45 | €13,675 | €3,410 | -€10,265 | -75.1% |
| Taxes | 450/3 | €13,675 | €3,410 | -€10,265 | -75.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,556 | €354,932 | +€352,376 | +13,786% |
| Remuneration, social security and pensions | 62 | €96,287 | €607 | -€95,680 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,718 | €35,718 | = | 0.0% |
| Other operating charges | 640/8 | €3,598 | €3,926 | +€327 | +9.1% |
| Gross operating margin | 9900 | €125,005 | €59,607 | -€65,398 | -52.3% |
| Operating profit (loss) | 9901 | -€10,600 | €19,355 | +€29,955 | |
| Financial income | 75/76B | €6,499 | €194,047 | +€187,548 | +2,886% |
| Recurring financial income | 75 | €6,499 | €194,047 | +€187,548 | +2,886% |
| Financial charges | 65/66B | €2,585 | €4,678 | +€2,093 | +81.0% |
| Recurring financial charges | 65 | €2,585 | €4,678 | +€2,093 | +81.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€6,685 | €208,725 | +€215,410 | |
| Income taxes | 67/77 | €684 | €77,677 | +€76,993 | +11,255% |
| Profit (loss) for the period | 9904 | -€7,370 | €131,048 | +€138,417 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,370 | €131,048 | +€138,417 |
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 7 November 2026 via checked.be.