J WE HOLDING: 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.
J WE HOLDING
Largest movements
- Cash +€1.3m
up €1.3m (+1,283%), from €103,193 to €1.4m
mainly Net result for the year (+€2.7m) and Tax, wage and social debts (+€246,177)
- Receivables within one year +€157,431
up €157,431 (+10.9%), from €1.4m to €1.6m
of which Other amounts receivable: +€131,531
- Reserves +€2.2m
up €2.2m (+74.4%), from €2.9m to €5.1m
- Contributions -€1.0m
down €1.0m (-98.0%), from €1.0m to €20,500
- Tax, wage and social debts +€246,177
up €246,177 (+159%), from €155,151 to €401,328
of which Taxes: +€246,125
- Other debts +€103,740
up €103,740 (+41.8%), from €248,177 to €351,917
- Financial income +€1.4m
up €1.4m (+104%), from €1.4m to €2.8m
- Taxes +€138,301
up €138,301 (+72.2%), from €191,463 to €329,764
- Gross operating margin +€65,048
up €65,048 (+32.5%), from €200,381 to €265,429
- Depreciation +€8,279
up €8,279 (+247%), from €3,348 to €11,627
- Financial charges +€3,901
up €3,901 (+142%), from €2,744 to €6,645
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 | €4,332,336 | €5,847,368 | +€1.5m | +35.0% |
| Fixed assets | 21/28 | €2,777,668 | €2,807,414 | +€29,746 | +1.1% |
| Tangible fixed assets | 22/27 | €7,168 | €36,914 | +€29,746 | +415% |
| Furniture and vehicles | 24 | €7,168 | €36,914 | +€29,746 | +415% |
| Financial fixed assets | 28 | €2,770,500 | €2,770,500 | = | 0.0% |
| Current assets | 29/58 | €1,554,668 | €3,039,954 | +€1.5m | +95.5% |
| Amounts receivable within one year | 40/41 | €1,445,899 | €1,603,330 | +€157,431 | +10.9% |
| Trade receivables | 40 | €62,430 | €88,330 | +€25,900 | +41.5% |
| Other amounts receivable | 41 | €1,383,469 | €1,515,000 | +€131,531 | +9.5% |
| Cash at bank and in hand | 54/58 | €103,193 | €1,426,796 | +€1.3m | +1,283% |
| Deferred charges and accrued income | 490/1 | €5,576 | €9,828 | +€4,252 | +76.3% |
| Total equity and liabilities | 10/49 | €4,332,336 | €5,847,368 | +€1.5m | +35.0% |
| Equity | 10/15 | €3,926,151 | €5,087,827 | +€1.2m | +29.6% |
| Contributions | 10/11 | €1,020,500 | €20,500 | -€1.0m | -98.0% |
| Reserves | 13 | €2,905,651 | €5,067,327 | +€2.2m | +74.4% |
| Distributable reserves | 133 | €2,905,651 | €5,067,327 | +€2.2m | +74.4% |
| Amounts payable | 17/49 | €406,185 | €759,541 | +€353,356 | +87.0% |
| Amounts payable within one year | 42/48 | €405,932 | €759,541 | +€353,608 | +87.1% |
| Trade debts | 44 | €2,604 | €6,295 | +€3,691 | +142% |
| Suppliers | 440/4 | €2,604 | €6,295 | +€3,691 | +142% |
| Taxes, remuneration and social security | 45 | €155,151 | €401,328 | +€246,177 | +159% |
| Taxes | 450/3 | €152,043 | €398,168 | +€246,125 | +162% |
| Remuneration and social security | 454/9 | €3,108 | €3,160 | +€52 | +1.7% |
| Other amounts payable | 47/48 | €248,177 | €351,917 | +€103,740 | +41.8% |
| Accrued charges and deferred income | 492/3 | €252 | - | -€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,348 | €11,627 | +€8,279 | +247% |
| Other operating charges | 640/8 | €3,501 | €2,529 | -€971 | -27.7% |
| Gross operating margin | 9900 | €200,381 | €265,429 | +€65,048 | +32.5% |
| Operating profit (loss) | 9901 | €193,532 | €251,272 | +€57,740 | +29.8% |
| Financial income | 75/76B | €1,350,000 | €2,750,000 | +€1.4m | +104% |
| Recurring financial income | 75 | €1,350,000 | €2,750,000 | +€1.4m | +104% |
| Financial charges | 65/66B | €2,744 | €6,645 | +€3,901 | +142% |
| Recurring financial charges | 65 | €2,744 | €6,645 | +€3,901 | +142% |
| Profit (loss) for the period before taxes | 9903 | €1,540,788 | €2,994,627 | +€1.5m | +94.4% |
| Income taxes | 67/77 | €191,463 | €329,764 | +€138,301 | +72.2% |
| Profit (loss) for the period | 9904 | €1,349,324 | €2,664,863 | +€1.3m | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,349,324 | €2,664,863 | +€1.3m | +97.5% |
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 29 October 2026 via checked.be.