JDW ADVICE: 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.
JDW ADVICE
Largest movements
- Tangible fixed assets -€2,233
down €2,233 (-54.0%), from €4,136 to €1,903
of which Other tangible fixed assets: -€1,996
- Profit (loss) carried forward -€1,920
down €1,920, from €1,600 to -€320
- Other debts -€303
down €303 (-7.4%), from €4,078 to €3,775
- Gross operating margin +€5,017
up €5,017, from -€4,592 to €424
- Other operating charges +€138
up €138 (+35.7%), from €387 to €526
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 | €24,277 | €22,085 | -€2,192 | -9.0% |
| Fixed assets | 21/28 | €4,136 | €1,903 | -€2,233 | -54.0% |
| Tangible fixed assets | 22/27 | €4,136 | €1,903 | -€2,233 | -54.0% |
| Plant, machinery and equipment | 23 | €294 | €57 | -€237 | -80.7% |
| Other tangible fixed assets | 26 | €3,842 | €1,847 | -€1,996 | -51.9% |
| Current assets | 29/58 | €20,141 | €20,182 | +€41 | +0.2% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141 | €40 | -€101 | -71.8% |
| Other amounts receivable | 41 | €141 | €40 | -€101 | -71.8% |
| Cash at bank and in hand | 54/58 | - | €142 | +€142 | |
| Total equity and liabilities | 10/49 | €24,277 | €22,085 | -€2,192 | -9.0% |
| Equity | 10/15 | €20,200 | €18,280 | -€1,920 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,600 | -€320 | -€1,920 | |
| Amounts payable | 17/49 | €4,078 | €3,805 | -€273 | -6.7% |
| Amounts payable within one year | 42/48 | €4,078 | €3,805 | -€273 | -6.7% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Other amounts payable | 47/48 | €4,078 | €3,775 | -€303 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,233 | €2,233 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €526 | +€138 | +35.7% |
| Gross operating margin | 9900 | -€4,592 | €424 | +€5,017 | |
| Operating profit (loss) | 9901 | -€7,213 | -€2,335 | +€4,878 | +67.6% |
| Financial income | 75/76B | €560 | €560 | = | 0.0% |
| Recurring financial income | 75 | €560 | €560 | = | 0.0% |
| Financial charges | 65/66B | €140 | €145 | +€5 | +3.6% |
| Recurring financial charges | 65 | €140 | €145 | +€5 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,793 | -€1,920 | +€4,873 | +71.7% |
| Profit (loss) for the period | 9904 | -€6,793 | -€1,920 | +€4,873 | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,793 | -€1,920 | +€4,873 | +71.7% |
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 18 October 2026 via checked.be.