JHOWELDING SERVICE: what changed
JHOWELDING SERVICE
Largest movements
- Cash -€7,293
down €7,293 (-53.2%), from €13,714 to €6,421
mainly Contributions, distributions and other (-€13,406) and Investment in fixed assets (net) (-€3,758)
- Receivables within one year -€5,572
down €5,572 (-47.9%), from €11,645 to €6,073
of which Other amounts receivable: -€7,634
- Stocks and contracts +€3,750
new in 2025: €3,750
- Intangible fixed assets +€1,272
new in 2025: €1,272
- Deferred charges and accrued income +€898
new in 2025: €898
- Profit (loss) carried forward -€7,119
down €7,119 (-51.9%), from €13,725 to €6,606
- Other debts +€3,056
new in 2025: €3,056
- Tax, wage and social debts -€2,346
down €2,346 (-53.3%), from €4,400 to €2,054
of which Remuneration and social security: -€4,400
- Trade debts -€300
down €300 (-6.9%), from €4,333 to €4,033
- Purchases and services -€105,732
no longer reported in 2025 (was €105,732)
- Turnover -€12,778
no longer reported in 2025 (was €12,778)
- Gross operating margin -€5,186
down €5,186 (-30.4%), from €17,040 to €11,854
- Staff costs -€2,911
no longer reported in 2025 (was €2,911)
- Depreciation +€2,250
new in 2025: €2,250
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,458 | €18,749 | -€6,709 | -26.4% |
| Fixed assets | 21/28 | €99 | €1,607 | +€1,508 | +1,523% |
| Intangible fixed assets | 21 | - | €1,272 | +€1,272 | |
| Tangible fixed assets | 22/27 | - | €335 | +€335 | |
| Plant, machinery and equipment | 23 | - | €335 | +€335 | |
| Financial fixed assets | 28 | €99 | - | -€99 | |
| Current assets | 29/58 | €25,359 | €17,142 | -€8,217 | -32.4% |
| Stocks and contracts in progress | 3 | - | €3,750 | +€3,750 | |
| Stocks | 30/36 | - | €3,750 | +€3,750 | |
| Amounts receivable within one year | 40/41 | €11,645 | €6,073 | -€5,572 | -47.9% |
| Trade receivables | 40 | €934 | €2,996 | +€2,062 | +221% |
| Other amounts receivable | 41 | €10,711 | €3,077 | -€7,634 | -71.3% |
| Cash at bank and in hand | 54/58 | €13,714 | €6,421 | -€7,293 | -53.2% |
| Deferred charges and accrued income | 490/1 | - | €898 | +€898 | |
| Total equity and liabilities | 10/49 | €25,458 | €18,749 | -€6,709 | -26.4% |
| Equity | 10/15 | €16,725 | €9,606 | -€7,119 | -42.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,725 | €6,606 | -€7,119 | -51.9% |
| Amounts payable | 17/49 | €8,733 | €9,143 | +€410 | +4.7% |
| Amounts payable within one year | 42/48 | €8,733 | €9,143 | +€410 | +4.7% |
| Trade debts | 44 | €4,333 | €4,033 | -€300 | -6.9% |
| Suppliers | 440/4 | €4,333 | €4,033 | -€300 | -6.9% |
| Taxes, remuneration and social security | 45 | €4,400 | €2,054 | -€2,346 | -53.3% |
| Taxes | 450/3 | - | €2,054 | +€2,054 | |
| Remuneration and social security | 454/9 | €4,400 | - | -€4,400 | |
| Other amounts payable | 47/48 | - | €3,056 | +€3,056 | |
| Turnover | 70 | €12,778 | - | -€12,778 | |
| Goods, raw materials, services and sundry goods | 60/61 | €105,732 | - | -€105,732 | |
| Remuneration, social security and pensions | 62 | €2,911 | - | -€2,911 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,250 | +€2,250 | |
| Other operating charges | 640/8 | €148 | €900 | +€752 | +508% |
| Non-recurring operating charges | 66A | €32 | - | -€32 | |
| Gross operating margin | 9900 | €17,040 | €11,854 | -€5,186 | -30.4% |
| Operating profit (loss) | 9901 | €13,949 | €8,704 | -€5,245 | -37.6% |
| Financial charges | 65/66B | €224 | €614 | +€390 | +174% |
| Recurring financial charges | 65 | €224 | €614 | +€390 | +174% |
| Profit (loss) for the period before taxes | 9903 | €13,725 | €8,090 | -€5,635 | -41.1% |
| Income taxes | 67/77 | - | €1,804 | +€1,804 | |
| Profit (loss) for the period | 9904 | €13,725 | €6,286 | -€7,439 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,725 | €6,286 | -€7,439 | -54.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.