JIWI: 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.
JIWI
Largest movements
- Cash +€146,382
up €146,382 (+156%), from €93,854 to €240,236
mainly Net result for the year (+€177,355) and Current investments (+€39,400)
- Receivables within one year +€64,774
up €64,774 (+12,204%), from €531 to €65,305
- Current investments -€39,400
down €39,400 (-98.0%), from €40,200 to €800
- Tangible fixed assets -€11,886
down €11,886 (-25.9%), from €45,947 to €34,061
- Deferred charges and accrued income +€9,815
up €9,815 (+11.8%), from €83,333 to €93,148
- Reserves +€177,355
up €177,355 (+112%), from €158,990 to €336,345
- Debts after one year -€11,674
down €11,674 (-33.2%), from €35,167 to €23,493
- Tax, wage and social debts +€9,784
up €9,784 (+22.7%), from €43,111 to €52,895
- Trade debts -€5,988
down €5,988 (-39.6%), from €15,130 to €9,142
- Gross operating margin +€51,046
up €51,046 (+26.2%), from €194,783 to €245,830
- Taxes +€13,229
up €13,229 (+33.0%), from €40,111 to €53,340
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 | €263,865 | €433,550 | +€169,685 | +64.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €45,947 | €34,061 | -€11,886 | -25.9% |
| Tangible fixed assets | 22/27 | €45,947 | €34,061 | -€11,886 | -25.9% |
| Leasing and similar rights | 25 | €45,947 | €34,061 | -€11,886 | -25.9% |
| Current assets | 29/58 | €217,918 | €399,489 | +€181,571 | +83.3% |
| Amounts receivable within one year | 40/41 | €531 | €65,305 | +€64,774 | +12,204% |
| Other amounts receivable | 41 | €531 | €65,305 | +€64,774 | +12,204% |
| Current investments | 50/53 | €40,200 | €800 | -€39,400 | -98.0% |
| Cash at bank and in hand | 54/58 | €93,854 | €240,236 | +€146,382 | +156% |
| Deferred charges and accrued income | 490/1 | €83,333 | €93,148 | +€9,815 | +11.8% |
| Total equity and liabilities | 10/49 | €263,865 | €433,550 | +€169,685 | +64.3% |
| Equity | 10/15 | €158,991 | €336,346 | +€177,355 | +112% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €158,990 | €336,345 | +€177,355 | +112% |
| Distributable reserves | 133 | €158,990 | €336,345 | +€177,355 | +112% |
| Amounts payable | 17/49 | €104,874 | €97,205 | -€7,670 | -7.3% |
| Amounts payable after more than one year | 17 | €35,167 | €23,493 | -€11,674 | -33.2% |
| Financial debts | 170/4 | €35,167 | €23,493 | -€11,674 | -33.2% |
| Amounts payable within one year | 42/48 | €69,707 | €73,712 | +€4,004 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €11,466 | €11,674 | +€208 | +1.8% |
| Trade debts | 44 | €15,130 | €9,142 | -€5,988 | -39.6% |
| Suppliers | 440/4 | €15,130 | €9,142 | -€5,988 | -39.6% |
| Taxes, remuneration and social security | 45 | €43,111 | €52,895 | +€9,784 | +22.7% |
| Taxes | 450/3 | €43,111 | €52,895 | +€9,784 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,323 | €11,886 | -€438 | -3.6% |
| Other operating charges | 640/8 | €2,741 | €3,469 | +€728 | +26.5% |
| Gross operating margin | 9900 | €194,783 | €245,830 | +€51,046 | +26.2% |
| Operating profit (loss) | 9901 | €179,718 | €230,475 | +€50,756 | +28.2% |
| Financial income | 75/76B | €0 | €2,265 | +€2,265 | +11,324,650% |
| Recurring financial income | 75 | €0 | €2,265 | +€2,265 | +11,324,650% |
| Financial charges | 65/66B | €2,703 | €2,045 | -€658 | -24.3% |
| Recurring financial charges | 65 | €2,703 | €2,045 | -€658 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €177,016 | €230,695 | +€53,679 | +30.3% |
| Income taxes | 67/77 | €40,111 | €53,340 | +€13,229 | +33.0% |
| Profit (loss) for the period | 9904 | €136,905 | €177,355 | +€40,450 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €136,905 | €177,355 | +€40,450 | +29.5% |
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 16 October 2026 via checked.be.