JOWIL: 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.
JOWIL
Largest movements
- Tangible fixed assets +€22,777
up €22,777 (+42.9%), from €53,116 to €75,893
- Current investments -€10,000
down €10,000 (-5.3%), from €190,000 to €180,000
- Reserves +€9,504
up €9,504 (+4.4%), from €215,880 to €225,384
of which Distributable reserves: +€9,504
- Gross operating margin -€8,966
down €8,966 (-32.6%), from €27,489 to €18,523
- Depreciation +€4,009
up €4,009 (+102%), from €3,923 to €7,932
- Taxes -€3,779
down €3,779 (-52.3%), from €7,230 to €3,451
- Financial charges -€1,628
down €1,628 (-84.2%), from €1,934 to €306
- Financial income +€969
up €969 (+34.4%), from €2,818 to €3,787
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 | €298,653 | €310,301 | +€11,648 | +3.9% |
| Fixed assets | 21/28 | €53,116 | €75,893 | +€22,777 | +42.9% |
| Tangible fixed assets | 22/27 | €53,116 | €75,893 | +€22,777 | +42.9% |
| Land and buildings | 22 | €53,116 | €75,893 | +€22,777 | +42.9% |
| Current assets | 29/58 | €245,537 | €234,408 | -€11,129 | -4.5% |
| Amounts receivable within one year | 40/41 | €15,602 | €16,624 | +€1,022 | +6.6% |
| Trade receivables | 40 | €2,638 | €5,909 | +€3,271 | +124% |
| Other amounts receivable | 41 | €12,964 | €10,715 | -€2,249 | -17.3% |
| Current investments | 50/53 | €190,000 | €180,000 | -€10,000 | -5.3% |
| Cash at bank and in hand | 54/58 | €38,159 | €36,355 | -€1,804 | -4.7% |
| Deferred charges and accrued income | 490/1 | €1,776 | €1,429 | -€347 | -19.5% |
| Total equity and liabilities | 10/49 | €298,653 | €310,301 | +€11,648 | +3.9% |
| Equity | 10/15 | €288,124 | €297,628 | +€9,504 | +3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €215,880 | €225,384 | +€9,504 | +4.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €209,680 | €219,184 | +€9,504 | +4.5% |
| Profit (loss) carried forward | 14 | €10,244 | €10,244 | = | 0.0% |
| Amounts payable | 17/49 | €10,529 | €12,673 | +€2,144 | +20.4% |
| Amounts payable within one year | 42/48 | €7,146 | €9,184 | +€2,038 | +28.5% |
| Trade debts | 44 | €6,526 | €8,313 | +€1,787 | +27.4% |
| Suppliers | 440/4 | €6,526 | €8,313 | +€1,787 | +27.4% |
| Taxes, remuneration and social security | 45 | €620 | €871 | +€251 | +40.5% |
| Taxes | 450/3 | €620 | €871 | +€251 | +40.5% |
| Accrued charges and deferred income | 492/3 | €3,383 | €3,489 | +€106 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,923 | €7,932 | +€4,009 | +102% |
| Other operating charges | 640/8 | €1,177 | €1,117 | -€60 | -5.1% |
| Gross operating margin | 9900 | €27,489 | €18,523 | -€8,966 | -32.6% |
| Operating profit (loss) | 9901 | €22,389 | €9,474 | -€12,915 | -57.7% |
| Financial income | 75/76B | €2,818 | €3,787 | +€969 | +34.4% |
| Recurring financial income | 75 | €2,818 | €3,787 | +€969 | +34.4% |
| Financial charges | 65/66B | €1,934 | €306 | -€1,628 | -84.2% |
| Recurring financial charges | 65 | €1,934 | €306 | -€1,628 | -84.2% |
| Profit (loss) for the period before taxes | 9903 | €23,273 | €12,955 | -€10,318 | -44.3% |
| Income taxes | 67/77 | €7,230 | €3,451 | -€3,779 | -52.3% |
| Profit (loss) for the period | 9904 | €16,043 | €9,504 | -€6,539 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,043 | €9,504 | -€6,539 | -40.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.