JAWID: 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.
JAWID
Largest movements
- Stocks and contracts -€87,345
down €87,345 (-67.5%), from €129,371 to €42,025
- Tangible fixed assets -€6,940
down €6,940 (-30.8%), from €22,497 to €15,557
- Cash +€6,849
up €6,849 (+18.7%), from €36,626 to €43,475
mainly Stocks and contracts (+€87,345) and Depreciation (+€6,940)
- Receivables within one year +€5,988
up €5,988 (+18.5%), from €32,348 to €38,336
of which Other amounts receivable: +€5,252
- Trade debts -€72,510
down €72,510 (-72.8%), from €99,643 to €27,133
- Other debts -€10,374
down €10,374 (-10.9%), from €94,979 to €84,605
- Gross operating margin +€27,959
up €27,959 (+618%), from €4,526 to €32,485
- Staff costs -€6,642
down €6,642 (-26.0%), from €25,575 to €18,933
- Taxes +€3,011
new in 2023: €3,011
- Other operating charges -€2,168
down €2,168 (-51.0%), from €4,247 to €2,079
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,661 | €146,436 | -€82,225 | -36.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €27,272 | €20,332 | -€6,940 | -25.4% |
| Tangible fixed assets | 22/27 | €22,497 | €15,557 | -€6,940 | -30.8% |
| Furniture and vehicles | 24 | €22,497 | €15,557 | -€6,940 | -30.8% |
| Financial fixed assets | 28 | €4,774 | €4,774 | = | 0.0% |
| Current assets | 29/58 | €201,389 | €126,104 | -€75,285 | -37.4% |
| Stocks and contracts in progress | 3 | €129,371 | €42,025 | -€87,345 | -67.5% |
| Stocks | 30/36 | €129,371 | €42,025 | -€87,345 | -67.5% |
| Amounts receivable within one year | 40/41 | €32,348 | €38,336 | +€5,988 | +18.5% |
| Trade receivables | 40 | €1,049 | €1,786 | +€736 | +70.1% |
| Other amounts receivable | 41 | €31,298 | €36,550 | +€5,252 | +16.8% |
| Cash at bank and in hand | 54/58 | €36,626 | €43,475 | +€6,849 | +18.7% |
| Deferred charges and accrued income | 490/1 | €3,045 | €2,268 | -€778 | -25.5% |
| Total equity and liabilities | 10/49 | €228,661 | €146,436 | -€82,225 | -36.0% |
| Equity | 10/15 | €10,001 | €11,183 | +€1,182 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,459 | -€9,278 | +€1,182 | +11.3% |
| Amounts payable | 17/49 | €218,660 | €135,253 | -€83,407 | -38.1% |
| Amounts payable within one year | 42/48 | €218,660 | €135,253 | -€83,407 | -38.1% |
| Trade debts | 44 | €99,643 | €27,133 | -€72,510 | -72.8% |
| Suppliers | 440/4 | €99,643 | €27,133 | -€72,510 | -72.8% |
| Taxes, remuneration and social security | 45 | €24,038 | €23,515 | -€523 | -2.2% |
| Taxes | 450/3 | €24,038 | €23,515 | -€523 | -2.2% |
| Other amounts payable | 47/48 | €94,979 | €84,605 | -€10,374 | -10.9% |
| Remuneration, social security and pensions | 62 | €25,575 | €18,933 | -€6,642 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €6,940 | = | 0.0% |
| Other operating charges | 640/8 | €4,247 | €2,079 | -€2,168 | -51.0% |
| Gross operating margin | 9900 | €4,526 | €32,485 | +€27,959 | +618% |
| Operating profit (loss) | 9901 | -€32,236 | €4,533 | +€36,769 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €182 | €342 | +€160 | +87.8% |
| Recurring financial charges | 65 | €182 | €342 | +€160 | +87.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,418 | €4,193 | +€36,611 | |
| Income taxes | 67/77 | - | €3,011 | +€3,011 | |
| Profit (loss) for the period | 9904 | -€32,418 | €1,182 | +€33,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,418 | €1,182 | +€33,600 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.