JEEWI: what changed
Two fiscal 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.
JEEWI
Largest movements
- Cash +€138,717
up €138,717 (+51.9%), from €267,134 to €405,851
mainly Other debts (+€356,758) and Net result for the year (+€97,945)
- Receivables within one year +€76,523
up €76,523 (+68.1%), from €112,295 to €188,818
of which Trade receivables: +€77,440
- Tangible fixed assets -€18,324
down €18,324 (-23.4%), from €78,352 to €60,028
- Other debts +€356,758
up €356,758 (+2928.1%), from €12,184 to €368,942
- Reserves -€237,955
down €237,955 (-65.0%), from €366,110 to €128,155
of which Distributable reserves: -€230,955
- Tax, wage and social debts +€87,002
up €87,002 (+12500.3%), from €696 to €87,698
- Trade debts -€8,439
down €8,439 (-96.2%), from €8,773 to €333
- Gross operating margin +€127,511
up €127,511 (+522.0%), from €24,428 to €151,939
- Taxes +€45,392
up €45,392 (+1253.2%), from €3,622 to €49,015
- Financial income +€13,700
new in 2025: €13,700
- Depreciation +€5,057
up €5,057 (+38.1%), from €13,267 to €18,324
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.
Cash bridge derived
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 | €457,781 | €655,146 | +€197,366 | +43.1% |
| Fixed assets | 21/28 | €78,352 | €60,028 | -€18,324 | -23.4% |
| Tangible fixed assets | 22/27 | €78,352 | €60,028 | -€18,324 | -23.4% |
| Furniture and vehicles | 24 | €78,352 | €60,028 | -€18,324 | -23.4% |
| Current assets | 29/58 | €379,429 | €595,119 | +€215,689 | +56.8% |
| Amounts receivable within one year | 40/41 | €112,295 | €188,818 | +€76,523 | +68.1% |
| Trade receivables | 40 | - | €77,440 | +€77,440 | |
| Other amounts receivable | 41 | €112,295 | €111,378 | -€917 | -0.8% |
| Cash at bank and in hand | 54/58 | €267,134 | €405,851 | +€138,717 | +51.9% |
| Deferred charges and accrued income | 490/1 | - | €449 | +€449 | |
| Total equity and liabilities | 10/49 | €457,781 | €655,146 | +€197,366 | +43.1% |
| Equity | 10/15 | €436,128 | €198,173 | -€237,955 | -54.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €366,110 | €128,155 | -€237,955 | -65.0% |
| Non-distributable reserves | 130/1 | €7,000 | - | -€7,000 | |
| Reserves not available under the articles | 1311 | €7,000 | - | -€7,000 | |
| Distributable reserves | 133 | €359,110 | €128,155 | -€230,955 | -64.3% |
| Profit (loss) carried forward | 14 | €18 | €18 | = | 0.0% |
| Amounts payable | 17/49 | €21,653 | €456,973 | +€435,321 | +2010.5% |
| Amounts payable within one year | 42/48 | €21,653 | €456,973 | +€435,321 | +2010.5% |
| Trade debts | 44 | €8,773 | €333 | -€8,439 | -96.2% |
| Suppliers | 440/4 | €8,773 | €333 | -€8,439 | -96.2% |
| Taxes, remuneration and social security | 45 | €696 | €87,698 | +€87,002 | +12500.3% |
| Taxes | 450/3 | €696 | €87,698 | +€87,002 | +12500.3% |
| Other amounts payable | 47/48 | €12,184 | €368,942 | +€356,758 | +2928.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,267 | €18,324 | +€5,057 | +38.1% |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Gross operating margin | 9900 | €24,428 | €151,939 | +€127,511 | +522.0% |
| Operating profit (loss) | 9901 | €11,002 | €133,515 | +€122,513 | +1113.6% |
| Financial income | 75/76B | - | €13,700 | +€13,700 | |
| Recurring financial income | 75 | - | €13,700 | +€13,700 | |
| Financial charges | 65/66B | €410 | €255 | -€155 | -37.9% |
| Recurring financial charges | 65 | €410 | €255 | -€155 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €10,591 | €146,960 | +€136,368 | +1287.5% |
| Income taxes | 67/77 | €3,622 | €49,015 | +€45,392 | +1253.2% |
| Profit (loss) for the period | 9904 | €6,969 | €97,945 | +€90,976 | +1305.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,969 | €97,945 | +€90,976 | +1305.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.