J & W PARTNERS: what changed
What changed
J & W PARTNERS
NACE 53.200, Other postal and courier activities
filed annual accounts (NBB)
Net result for the year
-€45,294
2024 · -€45,686+€392
Equity
-€131,312
2024 · -€86,018-€45,294
Cash
€20,809
2024 · €17,379+€3,430
Balance sheet total
€469,260
2024 · €538,539-€69,279
Largest movements
Assets
- Tangible fixed assets -€61,757
down €61,757 (-12.2%), from €508,140 to €446,383
of which Other tangible fixed assets: -€44,098
- Receivables within one year -€11,063
down €11,063 (-91.0%), from €12,152 to €1,089
of which Trade receivables: -€9,563
Equity and liabilities
- Profit (loss) carried forward -€40,080
down €40,080 (-23.8%), from -€168,495 to -€208,575
- Other debts -€20,489
down €20,489 (-3.4%), from €605,738 to €585,249
Income statement
- Purchases and services -€17,033
down €17,033 (-45.5%), from €37,419 to €20,386
- Turnover -€16,659
down €16,659 (-32.5%), from €51,265 to €34,606
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.
Result 2024
-€45,686
Gross operating margin
+€374
Staff costs
+€22
Other operating charges
-€13
Financial charges
+€9
Result 2025
-€45,294
raises the resultlowers the result
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.
From operations
+€3,430
Investment
€0
Financing
€0
Cash 2024
€17,379
From operations (derived)
+€3,430
Net result for the year
-€45,294
Depreciation
+€61,757
Receivables within one year
+€11,063
Deferred charges and accrued income
-€111
Provisions
-€2,686
Trade debts
+€415
Tax, wage and social debts
-€1,225
Other debts
-€20,489
Cash 2025
€20,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €538,539 | €469,260 | -€69,279 | -12.9% |
| Fixed assets | 21/28 | €509,008 | €447,251 | -€61,757 | -12.1% |
| Tangible fixed assets | 22/27 | €508,140 | €446,383 | -€61,757 | -12.2% |
| Land and buildings | 22 | €305,860 | €297,400 | -€8,460 | -2.8% |
| Furniture and vehicles | 24 | €35,990 | €26,791 | -€9,199 | -25.6% |
| Other tangible fixed assets | 26 | €166,290 | €122,192 | -€44,098 | -26.5% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €29,531 | €22,009 | -€7,522 | -25.5% |
| Amounts receivable within one year | 40/41 | €12,152 | €1,089 | -€11,063 | -91.0% |
| Trade receivables | 40 | €10,652 | €1,089 | -€9,563 | -89.8% |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €17,379 | €20,809 | +€3,430 | +19.7% |
| Deferred charges and accrued income | 490/1 | - | €111 | +€111 | |
| Total equity and liabilities | 10/49 | €538,539 | €469,260 | -€69,279 | -12.9% |
| Equity | 10/15 | -€86,018 | -€131,312 | -€45,294 | -52.7% |
| Contributions | 10/11 | €6,817 | €6,817 | = | 0.0% |
| Reserves | 13 | €75,660 | €70,446 | -€5,214 | -6.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,660 | €68,446 | -€5,214 | -7.1% |
| Profit (loss) carried forward | 14 | -€168,495 | -€208,575 | -€40,080 | -23.8% |
| Provisions and deferred taxes | 16 | €16,969 | €14,283 | -€2,686 | -15.8% |
| Deferred taxes | 168 | €16,969 | €14,283 | -€2,686 | -15.8% |
| Amounts payable | 17/49 | €607,588 | €586,289 | -€21,299 | -3.5% |
| Amounts payable within one year | 42/48 | €607,588 | €586,289 | -€21,299 | -3.5% |
| Trade debts | 44 | €495 | €910 | +€415 | +83.8% |
| Suppliers | 440/4 | €495 | €910 | +€415 | +83.8% |
| Taxes, remuneration and social security | 45 | €1,355 | €130 | -€1,225 | -90.4% |
| Taxes | 450/3 | €1,355 | €130 | -€1,225 | -90.4% |
| Other amounts payable | 47/48 | €605,738 | €585,249 | -€20,489 | -3.4% |
| Turnover | 70 | €51,265 | €34,606 | -€16,659 | -32.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,419 | €20,386 | -€17,033 | -45.5% |
| Remuneration, social security and pensions | 62 | €22 | - | -€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,757 | €61,757 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €13,846 | €14,220 | +€374 | +2.7% |
| Operating profit (loss) | 9901 | -€48,320 | -€47,937 | +€383 | +0.8% |
| Financial charges | 65/66B | €52 | €43 | -€9 | -17.3% |
| Recurring financial charges | 65 | €52 | €43 | -€9 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,372 | -€47,980 | +€392 | +0.8% |
| Transfer from deferred taxes | 780 | €2,686 | €2,686 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€45,686 | -€45,294 | +€392 | +0.9% |
| Transfer from tax-exempt reserves | 789 | €5,214 | €5,214 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,472 | -€40,080 | +€392 | +1.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 6 November 2026 via checked.be.