JIWA: 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.
JIWA
Largest movements
- Cash +€41,314
up €41,314 (+123%), from €33,586 to €74,900
mainly Depreciation (+€23,503) and Net result for the year (+€22,360)
- Tangible fixed assets -€21,702
down €21,702 (-9.1%), from €238,795 to €217,094
of which Land and buildings: -€13,904
- Deferred charges and accrued income -€8,956
no longer reported in 2025 (was €8,956)
- Reserves +€22,000
up €22,000 (+32.7%), from €67,250 to €89,250
- Debts after one year -€11,360
down €11,360 (-5.9%), from €193,302 to €181,943
- Other debts +€4,056
new in 2025: €4,056
- Tax, wage and social debts -€3,850
down €3,850 (-14.6%), from €26,421 to €22,571
- Accrued charges and deferred income -€3,280
no longer reported in 2025 (was €3,280)
- Turnover -€72,600
no longer reported in 2025 (was €72,600)
- Purchases and services -€15,874
no longer reported in 2025 (was €15,874)
- Depreciation +€12,313
up €12,313 (+110%), from €11,190 to €23,503
- Gross operating margin +€4,045
up €4,045 (+7.1%), from €56,726 to €60,771
- Financial income -€2,893
no longer reported in 2025 (was €2,893)
of which Financial income: -€2,893
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 | €299,889 | €309,578 | +€9,688 | +3.2% |
| Fixed assets | 21/28 | €238,795 | €217,094 | -€21,702 | -9.1% |
| Tangible fixed assets | 22/27 | €238,795 | €217,094 | -€21,702 | -9.1% |
| Land and buildings | 22 | €152,888 | €138,985 | -€13,904 | -9.1% |
| Plant, machinery and equipment | 23 | - | €572 | +€572 | |
| Furniture and vehicles | 24 | €18,821 | €14,116 | -€4,705 | -25.0% |
| Other tangible fixed assets | 26 | €67,086 | €63,422 | -€3,664 | -5.5% |
| Current assets | 29/58 | €61,094 | €92,484 | +€31,390 | +51.4% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,552 | €12,584 | -€968 | -7.1% |
| Trade receivables | 40 | €13,552 | €12,584 | -€968 | -7.1% |
| Cash at bank and in hand | 54/58 | €33,586 | €74,900 | +€41,314 | +123% |
| Deferred charges and accrued income | 490/1 | €8,956 | - | -€8,956 | |
| Total equity and liabilities | 10/49 | €299,889 | €309,578 | +€9,688 | +3.2% |
| Equity | 10/15 | €76,886 | €99,246 | +€22,360 | +29.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | - | -€12,500 | |
| Issued capital | 100 | €12,500 | - | -€12,500 | |
| Reserves | 13 | €67,250 | €89,250 | +€22,000 | +32.7% |
| Non-distributable reserves | 130/1 | €67,250 | €89,250 | +€22,000 | +32.7% |
| Legal reserve | 130 | €1,250 | - | -€1,250 | |
| Reserves not available under the articles | 1311 | - | €1,250 | +€1,250 | |
| Other | 1319 | €66,000 | €88,000 | +€22,000 | +33.3% |
| Profit (loss) carried forward | 14 | -€2,864 | -€2,504 | +€360 | +12.6% |
| Amounts payable | 17/49 | €223,003 | €210,331 | -€12,672 | -5.7% |
| Amounts payable after more than one year | 17 | €193,302 | €181,943 | -€11,360 | -5.9% |
| Financial debts | 170/4 | €193,302 | €181,943 | -€11,360 | -5.9% |
| Amounts payable within one year | 42/48 | €26,421 | €28,389 | +€1,968 | +7.4% |
| Trade debts | 44 | - | €1,762 | +€1,762 | |
| Suppliers | 440/4 | - | €1,762 | +€1,762 | |
| Taxes, remuneration and social security | 45 | €26,421 | €22,571 | -€3,850 | -14.6% |
| Taxes | 450/3 | €26,421 | €22,571 | -€3,850 | -14.6% |
| Other amounts payable | 47/48 | - | €4,056 | +€4,056 | |
| Accrued charges and deferred income | 492/3 | €3,280 | - | -€3,280 | |
| Turnover | 70 | €72,600 | - | -€72,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €15,874 | - | -€15,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,190 | €23,503 | +€12,313 | +110% |
| Other operating charges | 640/8 | €1,035 | €1,762 | +€727 | +70.2% |
| Non-recurring operating charges | 66A | €5,405 | - | -€5,405 | |
| Gross operating margin | 9900 | €56,726 | €60,771 | +€4,045 | +7.1% |
| Operating profit (loss) | 9901 | €39,097 | €35,507 | -€3,590 | -9.2% |
| Financial income | 75/76B | €2,893 | - | -€2,893 | |
| Recurring financial income | 75 | €2,893 | - | -€2,893 | |
| Non-recurring financial income | 76B | €2,893 | - | -€2,893 | |
| Financial charges | 65/66B | €1,940 | €2,265 | +€325 | +16.8% |
| Recurring financial charges | 65 | €1,940 | €2,265 | +€325 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €40,050 | €33,242 | -€6,807 | -17.0% |
| Income taxes | 67/77 | €11,688 | €10,883 | -€806 | -6.9% |
| Profit (loss) for the period | 9904 | €28,362 | €22,360 | -€6,002 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,362 | €22,360 | -€6,002 | -21.2% |
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.