JDW CONSULT: 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 CONSULT
Largest movements
- Cash +€73,732
up €73,732 (+228%), from €32,298 to €106,029
mainly Net result for the year (+€56,070) and Receivables within one year (+€47,809)
- Receivables within one year -€47,809
down €47,809 (-69.3%), from €68,989 to €21,180
of which Other amounts receivable: -€39,627
- Receivables after one year -€15,000
down €15,000 (-25.4%), from €59,000 to €44,000
- Tax, wage and social debts +€8,472
up €8,472 (+95.6%), from €8,865 to €17,337
- Reserves -€4,930
down €4,930 (-3.7%), from €133,627 to €128,696
of which Distributable reserves: -€4,930
- Other debts +€3,234
new in 2025: €3,234
- Accrued charges and deferred income +€1,856
up €1,856 (+105%), from €1,766 to €3,622
- Trade debts +€1,773
up €1,773 (+37.4%), from €4,745 to €6,519
- Gross operating margin -€14,440
down €14,440 (-14.9%), from €96,957 to €82,517
- Other operating charges -€8,146
down €8,146 (-95.3%), from €8,545 to €400
- Taxes +€3,794
up €3,794 (+16.2%), from €23,474 to €27,268
- Financial income -€1,563
down €1,563 (-42.1%), from €3,713 to €2,150
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 | €161,402 | €171,808 | +€10,405 | +6.4% |
| Fixed assets | 21/28 | €35 | €35 | = | 0.0% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €161,367 | €171,773 | +€10,405 | +6.4% |
| Amounts receivable after more than one year | 29 | €59,000 | €44,000 | -€15,000 | -25.4% |
| Other amounts receivable | 291 | €59,000 | €44,000 | -€15,000 | -25.4% |
| Amounts receivable within one year | 40/41 | €68,989 | €21,180 | -€47,809 | -69.3% |
| Trade receivables | 40 | €27,804 | €19,622 | -€8,182 | -29.4% |
| Other amounts receivable | 41 | €41,184 | €1,557 | -€39,627 | -96.2% |
| Cash at bank and in hand | 54/58 | €32,298 | €106,029 | +€73,732 | +228% |
| Deferred charges and accrued income | 490/1 | €1,081 | €564 | -€517 | -47.9% |
| Total equity and liabilities | 10/49 | €161,402 | €171,808 | +€10,405 | +6.4% |
| Equity | 10/15 | €146,027 | €141,096 | -€4,930 | -3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €133,627 | €128,696 | -€4,930 | -3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,767 | €126,836 | -€4,930 | -3.7% |
| Amounts payable | 17/49 | €15,376 | €30,712 | +€15,336 | +99.7% |
| Amounts payable within one year | 42/48 | €13,610 | €27,090 | +€13,479 | +99.0% |
| Trade debts | 44 | €4,745 | €6,519 | +€1,773 | +37.4% |
| Suppliers | 440/4 | €4,745 | €6,519 | +€1,773 | +37.4% |
| Taxes, remuneration and social security | 45 | €8,865 | €17,337 | +€8,472 | +95.6% |
| Taxes | 450/3 | €8,865 | €17,337 | +€8,472 | +95.6% |
| Other amounts payable | 47/48 | - | €3,234 | +€3,234 | |
| Accrued charges and deferred income | 492/3 | €1,766 | €3,622 | +€1,856 | +105% |
| Other operating charges | 640/8 | €8,545 | €400 | -€8,146 | -95.3% |
| Gross operating margin | 9900 | €96,957 | €82,517 | -€14,440 | -14.9% |
| Operating profit (loss) | 9901 | €88,412 | €82,117 | -€6,295 | -7.1% |
| Financial income | 75/76B | €3,713 | €2,150 | -€1,563 | -42.1% |
| Recurring financial income | 75 | €3,713 | €2,150 | -€1,563 | -42.1% |
| Financial charges | 65/66B | €1,627 | €929 | -€697 | -42.9% |
| Recurring financial charges | 65 | €1,627 | €929 | -€697 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €90,498 | €83,338 | -€7,160 | -7.9% |
| Income taxes | 67/77 | €23,474 | €27,268 | +€3,794 | +16.2% |
| Profit (loss) for the period | 9904 | €67,024 | €56,070 | -€10,955 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,024 | €56,070 | -€10,955 | -16.3% |
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 15 October 2026 via checked.be.