JAWY: 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.
JAWY
Largest movements
- Cash +€22,026
up €22,026 (+13.5%), from €163,104 to €185,130
mainly Other debts (+€48,161) and Net result for the year (+€17,160)
- Receivables within one year -€13,616
down €13,616 (-63.1%), from €21,589 to €7,973
of which Trade receivables: -€7,656
- Deferred charges and accrued income +€8,343
up €8,343 (+510%), from €1,636 to €9,979
- Other debts +€48,161
up €48,161 (+33.4%), from €144,259 to €192,420
- Reserves -€34,537
down €34,537 (-66.8%), from €51,697 to €17,160
- Tax, wage and social debts +€2,408
new in 2025: €2,408
- Gross operating margin -€23,666
down €23,666 (-40.6%), from €58,274 to €34,608
- Taxes -€5,528
down €5,528 (-36.8%), from €15,027 to €9,499
- Other operating charges +€2,336
up €2,336 (+396%), from €589 to €2,925
- Financial charges +€1,810
up €1,810 (+653%), from €277 to €2,087
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 | €208,005 | €224,631 | +€16,627 | +8.0% |
| Fixed assets | 21/28 | €21,676 | €21,550 | -€126 | -0.6% |
| Tangible fixed assets | 22/27 | €21,676 | €21,550 | -€126 | -0.6% |
| Land and buildings | 22 | €21,676 | €18,907 | -€2,769 | -12.8% |
| Plant, machinery and equipment | 23 | - | €2,643 | +€2,643 | |
| Current assets | 29/58 | €186,329 | €203,081 | +€16,753 | +9.0% |
| Amounts receivable within one year | 40/41 | €21,589 | €7,973 | -€13,616 | -63.1% |
| Trade receivables | 40 | €7,656 | €0 | -€7,656 | -100% |
| Other amounts receivable | 41 | €13,933 | €7,973 | -€5,960 | -42.8% |
| Cash at bank and in hand | 54/58 | €163,104 | €185,130 | +€22,026 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,636 | €9,979 | +€8,343 | +510% |
| Total equity and liabilities | 10/49 | €208,005 | €224,631 | +€16,627 | +8.0% |
| Equity | 10/15 | €61,697 | €27,160 | -€34,537 | -56.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €51,697 | €17,160 | -€34,537 | -66.8% |
| Distributable reserves | 133 | €51,697 | €17,160 | -€34,537 | -66.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €146,308 | €197,472 | +€51,164 | +35.0% |
| Amounts payable within one year | 42/48 | €144,411 | €196,417 | +€52,006 | +36.0% |
| Trade debts | 44 | €151 | €1,589 | +€1,438 | +950% |
| Suppliers | 440/4 | €151 | €1,589 | +€1,438 | +950% |
| Taxes, remuneration and social security | 45 | - | €2,408 | +€2,408 | |
| Taxes | 450/3 | - | €2,408 | +€2,408 | |
| Other amounts payable | 47/48 | €144,259 | €192,420 | +€48,161 | +33.4% |
| Accrued charges and deferred income | 492/3 | €1,897 | €1,055 | -€843 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,769 | €3,113 | +€344 | +12.4% |
| Other operating charges | 640/8 | €589 | €2,925 | +€2,336 | +396% |
| Gross operating margin | 9900 | €58,274 | €34,608 | -€23,666 | -40.6% |
| Operating profit (loss) | 9901 | €54,916 | €28,571 | -€26,345 | -48.0% |
| Financial income | 75/76B | - | €176 | +€176 | |
| Recurring financial income | 75 | - | €176 | +€176 | |
| Financial charges | 65/66B | €277 | €2,087 | +€1,810 | +653% |
| Recurring financial charges | 65 | €277 | €2,087 | +€1,810 | +653% |
| Profit (loss) for the period before taxes | 9903 | €54,639 | €26,659 | -€27,980 | -51.2% |
| Income taxes | 67/77 | €15,027 | €9,499 | -€5,528 | -36.8% |
| Profit (loss) for the period | 9904 | €39,611 | €17,160 | -€22,452 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,611 | €17,160 | -€22,452 | -56.7% |
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 13 October 2026 via checked.be.