James & Whisky: 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.
James & Whisky
Largest movements
- Deferred charges and accrued income -€23,062
down €23,062 (-97.2%), from €23,728 to €666
- Stocks and contracts -€3,596
no longer reported in 2025 (was €3,596)
- Tangible fixed assets -€1,004
down €1,004 (-95.5%), from €1,051 to €47
- Receivables within one year -€712
down €712 (-44.7%), from €1,593 to €881
of which Trade receivables: -€841
- Other debts +€32,570
up €32,570 (+93.1%), from €34,983 to €67,553
- Advances received -€27,813
down €27,813 (-97.2%), from €28,618 to €805
- Debts after one year -€14,507
down €14,507 (-66.6%), from €21,798 to €7,291
- Trade debts -€12,710
down €12,710 (-70.2%), from €18,097 to €5,387
- Tax, wage and social debts -€5,941
down €5,941 (-94.0%), from €6,320 to €379
- Gross operating margin +€25,443
up €25,443, from -€16,853 to €8,590
- Financial charges -€2,879
down €2,879 (-51.3%), from €5,612 to €2,733
- Taxes -€178
no longer reported in 2025 (was €178)
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 | €30,090 | €1,806 | -€28,284 | -94.0% |
| Fixed assets | 21/28 | €1,051 | €47 | -€1,004 | -95.5% |
| Tangible fixed assets | 22/27 | €1,051 | €47 | -€1,004 | -95.5% |
| Land and buildings | 22 | €257 | - | -€257 | |
| Plant, machinery and equipment | 23 | €454 | €39 | -€415 | -91.4% |
| Furniture and vehicles | 24 | €340 | €8 | -€331 | -97.6% |
| Current assets | 29/58 | €29,039 | €1,759 | -€27,280 | -93.9% |
| Stocks and contracts in progress | 3 | €3,596 | - | -€3,596 | |
| Stocks | 30/36 | €3,596 | - | -€3,596 | |
| Amounts receivable within one year | 40/41 | €1,593 | €881 | -€712 | -44.7% |
| Trade receivables | 40 | €841 | - | -€841 | |
| Other amounts receivable | 41 | €752 | €881 | +€129 | +17.1% |
| Cash at bank and in hand | 54/58 | €122 | €212 | +€90 | +74.0% |
| Deferred charges and accrued income | 490/1 | €23,728 | €666 | -€23,062 | -97.2% |
| Total equity and liabilities | 10/49 | €30,090 | €1,806 | -€28,284 | -94.0% |
| Equity | 10/15 | -€103,766 | -€103,137 | +€628 | +0.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,266 | -€105,637 | +€628 | +0.6% |
| Amounts payable | 17/49 | €133,855 | €104,943 | -€28,912 | -21.6% |
| Amounts payable after more than one year | 17 | €21,798 | €7,291 | -€14,507 | -66.6% |
| Financial debts | 170/4 | €21,798 | €7,291 | -€14,507 | -66.6% |
| Amounts payable within one year | 42/48 | €106,957 | €97,574 | -€9,383 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,939 | €23,450 | +€4,512 | +23.8% |
| Trade debts | 44 | €18,097 | €5,387 | -€12,710 | -70.2% |
| Suppliers | 440/4 | €18,097 | €5,387 | -€12,710 | -70.2% |
| Advances received on contracts in progress | 46 | €28,618 | €805 | -€27,813 | -97.2% |
| Taxes, remuneration and social security | 45 | €6,320 | €379 | -€5,941 | -94.0% |
| Taxes | 450/3 | €6,320 | €379 | -€5,941 | -94.0% |
| Other amounts payable | 47/48 | €34,983 | €67,553 | +€32,570 | +93.1% |
| Accrued charges and deferred income | 492/3 | €5,101 | €79 | -€5,022 | -98.5% |
| Non-recurring operating income | 76A | - | €3,451 | +€3,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | €1,004 | -€126 | -11.2% |
| Other operating charges | 640/8 | €436 | €582 | +€146 | +33.4% |
| Non-recurring operating charges | 66A | - | €3,644 | +€3,644 | |
| Gross operating margin | 9900 | -€16,853 | €8,590 | +€25,443 | |
| Operating profit (loss) | 9901 | -€18,419 | €3,360 | +€21,779 | |
| Financial income | 75/76B | €71 | €1 | -€70 | -98.7% |
| Recurring financial income | 75 | €71 | €1 | -€70 | -98.7% |
| Financial charges | 65/66B | €5,612 | €2,733 | -€2,879 | -51.3% |
| Recurring financial charges | 65 | €5,612 | €2,733 | -€2,879 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,960 | €628 | +€24,589 | |
| Income taxes | 67/77 | €178 | - | -€178 | |
| Profit (loss) for the period | 9904 | -€24,139 | €628 | +€24,767 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,139 | €628 | +€24,767 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.