JAWAG&K: what changed
JAWAG&K
Largest movements
- Receivables within one year +€77,549
up €77,549 (+657%), from €11,799 to €89,348
of which Other amounts receivable: +€77,566
- Cash +€16,130
up €16,130 (+1,034%), from €1,559 to €17,689
mainly Net result for the year (+€88,730) and Tax, wage and social debts (+€19,561)
- Profit (loss) carried forward +€49,962
up €49,962, from -€49,962 to €0
- Reserves +€38,768
up €38,768 (+91.7%), from €42,292 to €81,061
- Tax, wage and social debts +€19,561
up €19,561 (+13,307%), from €147 to €19,708
- Other debts -€15,914
no longer reported in 2025 (was €15,914)
- Gross operating margin +€123,480
up €123,480, from -€13,184 to €110,296
- Taxes +€20,236
new in 2025: €20,236
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 | €14,604 | €107,617 | +€93,014 | +637% |
| Fixed assets | 21/28 | €1,245 | €580 | -€666 | -53.5% |
| Tangible fixed assets | 22/27 | €1,245 | €580 | -€666 | -53.5% |
| Furniture and vehicles | 24 | €671 | €149 | -€522 | -77.8% |
| Other tangible fixed assets | 26 | €574 | €431 | -€144 | -25.0% |
| Current assets | 29/58 | €13,358 | €107,038 | +€93,679 | +701% |
| Amounts receivable within one year | 40/41 | €11,799 | €89,348 | +€77,549 | +657% |
| Trade receivables | 40 | €17 | - | -€17 | |
| Other amounts receivable | 41 | €11,782 | €89,348 | +€77,566 | +658% |
| Cash at bank and in hand | 54/58 | €1,559 | €17,689 | +€16,130 | +1,034% |
| Total equity and liabilities | 10/49 | €14,604 | €107,617 | +€93,014 | +637% |
| Equity | 10/15 | -€1,469 | €87,261 | +€88,730 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,292 | €81,061 | +€38,768 | +91.7% |
| Distributable reserves | 133 | €42,292 | €81,061 | +€38,768 | +91.7% |
| Profit (loss) carried forward | 14 | -€49,962 | €0 | +€49,962 | |
| Amounts payable | 17/49 | €16,073 | €20,357 | +€4,284 | +26.7% |
| Amounts payable within one year | 42/48 | €16,061 | €19,935 | +€3,874 | +24.1% |
| Trade debts | 44 | - | €227 | +€227 | |
| Suppliers | 440/4 | - | €227 | +€227 | |
| Taxes, remuneration and social security | 45 | €147 | €19,708 | +€19,561 | +13,307% |
| Taxes | 450/3 | €147 | €19,708 | +€19,561 | +13,307% |
| Other amounts payable | 47/48 | €15,914 | - | -€15,914 | |
| Accrued charges and deferred income | 492/3 | €12 | €421 | +€410 | +3,535% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €666 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €540 | +€27 | +5.2% |
| Gross operating margin | 9900 | -€13,184 | €110,296 | +€123,480 | |
| Operating profit (loss) | 9901 | -€14,362 | €109,091 | +€123,453 | |
| Financial income | 75/76B | €762 | - | -€762 | |
| Recurring financial income | 75 | €762 | - | -€762 | |
| Financial charges | 65/66B | €210 | €125 | -€86 | -40.7% |
| Recurring financial charges | 65 | €210 | €125 | -€86 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,811 | €108,966 | +€122,777 | |
| Income taxes | 67/77 | - | €20,236 | +€20,236 | |
| Profit (loss) for the period | 9904 | -€13,811 | €88,730 | +€102,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,811 | €88,730 | +€102,541 |
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.