JAWACO: 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.
JAWACO
Largest movements
- Tangible fixed assets +€118,984
up €118,984 (+29.3%), from €406,774 to €525,758
of which Furniture and vehicles: +€83,573
- Cash +€37,381
up €37,381 (+20.8%), from €179,797 to €217,178
mainly Net result for the year (+€113,403) and Debts after one year (+€59,284)
- Profit (loss) carried forward +€113,403
up €113,403 (+13.7%), from €829,593 to €942,996
- Debts after one year +€59,284
up €59,284 (+225.0%), from €26,344 to €85,628
- Short-term financial debts -€35,668
down €35,668 (-47.8%), from €74,606 to €38,938
- Accrued charges and deferred income +€30,388
up €30,388 (+2170.6%), from €1,400 to €31,788
- Tax, wage and social debts +€23,269
up €23,269, from €0 to €23,269
of which Taxes: +€23,269
- Taxes +€93,810
up €93,810, from -€28,083 to €65,727
- Gross operating margin +€71,336
up €71,336 (+40.1%), from €177,902 to €249,238
- Depreciation -€54,892
down €54,892 (-57.2%), from €95,925 to €41,033
- Other operating charges -€3,596
down €3,596 (-12.7%), from €28,377 to €24,781
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 | €1,266,132 | €1,432,475 | +€166,343 | +13.1% |
| Fixed assets | 21/28 | €407,304 | €525,758 | +€118,454 | +29.1% |
| Tangible fixed assets | 22/27 | €406,774 | €525,758 | +€118,984 | +29.3% |
| Land and buildings | 22 | €212,783 | €214,607 | +€1,824 | +0.9% |
| Plant, machinery and equipment | 23 | €114,283 | €147,870 | +€33,587 | +29.4% |
| Furniture and vehicles | 24 | €79,708 | €163,281 | +€83,573 | +104.8% |
| Financial fixed assets | 28 | €530 | - | -€530 | |
| Current assets | 29/58 | €858,828 | €906,717 | +€47,889 | +5.6% |
| Amounts receivable within one year | 40/41 | €679,031 | €689,539 | +€10,508 | +1.5% |
| Other amounts receivable | 41 | €679,031 | €689,539 | +€10,508 | +1.5% |
| Cash at bank and in hand | 54/58 | €179,797 | €217,178 | +€37,381 | +20.8% |
| Total equity and liabilities | 10/49 | €1,266,132 | €1,432,475 | +€166,343 | +13.1% |
| Equity | 10/15 | €861,218 | €974,621 | +€113,403 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,025 | €13,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,025 | €13,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,025 | €13,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €829,593 | €942,996 | +€113,403 | +13.7% |
| Amounts payable | 17/49 | €404,914 | €457,854 | +€52,940 | +13.1% |
| Amounts payable after more than one year | 17 | €26,344 | €85,628 | +€59,284 | +225.0% |
| Financial debts | 170/4 | €26,344 | €85,628 | +€59,284 | +225.0% |
| Amounts payable within one year | 42/48 | €377,170 | €340,438 | -€36,732 | -9.7% |
| Financial debts | 43 | €74,606 | €38,938 | -€35,668 | -47.8% |
| Credit institutions | 430/8 | €74,606 | €38,938 | -€35,668 | -47.8% |
| Trade debts | 44 | €7,605 | €3,788 | -€3,817 | -50.2% |
| Suppliers | 440/4 | €7,605 | €3,788 | -€3,817 | -50.2% |
| Taxes, remuneration and social security | 45 | €0 | €23,269 | +€23,269 | |
| Taxes | 450/3 | - | €23,269 | +€23,269 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €294,959 | €274,443 | -€20,516 | -7.0% |
| Accrued charges and deferred income | 492/3 | €1,400 | €31,788 | +€30,388 | +2170.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,925 | €41,033 | -€54,892 | -57.2% |
| Other operating charges | 640/8 | €28,377 | €24,781 | -€3,596 | -12.7% |
| Gross operating margin | 9900 | €177,902 | €249,238 | +€71,336 | +40.1% |
| Operating profit (loss) | 9901 | €53,600 | €183,424 | +€129,824 | +242.2% |
| Financial charges | 65/66B | €3,411 | €4,294 | +€883 | +25.9% |
| Recurring financial charges | 65 | €3,411 | €4,294 | +€883 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €50,189 | €179,130 | +€128,941 | +256.9% |
| Income taxes | 67/77 | -€28,083 | €65,727 | +€93,810 | |
| Profit (loss) for the period | 9904 | €78,272 | €113,403 | +€35,131 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,272 | €113,403 | +€35,131 | +44.9% |
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 30 September 2026 via checked.be.