JOWORX: 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.
JOWORX
Largest movements
- Cash -€4,283
down €4,283 (-70.5%), from €6,079 to €1,796
mainly Tax, wage and social debts (-€9,097) and Receivables within one year (-€3,839)
- Receivables within one year +€3,839
up €3,839 (+10.4%), from €36,985 to €40,824
of which Trade receivables: +€2,979
- Tangible fixed assets -€1,429
down €1,429 (-7.6%), from €18,838 to €17,409
of which Land and buildings: -€1,116
- Deferred charges and accrued income +€864
new in 2024: €864
- Tax, wage and social debts -€9,097
down €9,097 (-40.3%), from €22,601 to €13,504
- Trade debts +€3,654
up €3,654 (+32.4%), from €11,278 to €14,931
- Other debts +€3,448
new in 2024: €3,448
- Contributions +€3,000
new in 2024: €3,000
- Reserves -€2,013
down €2,013 (-7.2%), from €28,024 to €26,010
- Gross operating margin -€29,160
down €29,160 (-73.9%), from €39,459 to €10,299
- Taxes -€5,456
down €5,456 (-57.6%), from €9,480 to €4,024
- Depreciation +€3,894
up €3,894 (+689%), from €565 to €4,459
- Other operating charges +€2,543
up €2,543 (+185%), from €1,377 to €3,921
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,903 | €60,894 | -€1,009 | -1.6% |
| Fixed assets | 21/28 | €18,838 | €17,409 | -€1,429 | -7.6% |
| Tangible fixed assets | 22/27 | €18,838 | €17,409 | -€1,429 | -7.6% |
| Land and buildings | 22 | €10,870 | €9,754 | -€1,116 | -10.3% |
| Furniture and vehicles | 24 | €7,968 | €7,655 | -€314 | -3.9% |
| Current assets | 29/58 | €43,064 | €43,484 | +€420 | +1.0% |
| Amounts receivable within one year | 40/41 | €36,985 | €40,824 | +€3,839 | +10.4% |
| Trade receivables | 40 | €36,588 | €39,567 | +€2,979 | +8.1% |
| Other amounts receivable | 41 | €397 | €1,257 | +€860 | +217% |
| Cash at bank and in hand | 54/58 | €6,079 | €1,796 | -€4,283 | -70.5% |
| Deferred charges and accrued income | 490/1 | - | €864 | +€864 | |
| Total equity and liabilities | 10/49 | €61,903 | €60,894 | -€1,009 | -1.6% |
| Equity | 10/15 | €28,024 | €29,010 | +€987 | +3.5% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €28,024 | €26,010 | -€2,013 | -7.2% |
| Distributable reserves | 133 | €28,024 | €26,010 | -€2,013 | -7.2% |
| Amounts payable | 17/49 | €33,879 | €31,883 | -€1,996 | -5.9% |
| Amounts payable within one year | 42/48 | €33,879 | €31,883 | -€1,996 | -5.9% |
| Trade debts | 44 | €11,278 | €14,931 | +€3,654 | +32.4% |
| Suppliers | 440/4 | €11,278 | €14,931 | +€3,654 | +32.4% |
| Taxes, remuneration and social security | 45 | €22,601 | €13,504 | -€9,097 | -40.3% |
| Taxes | 450/3 | €22,601 | €13,504 | -€9,097 | -40.3% |
| Other amounts payable | 47/48 | - | €3,448 | +€3,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565 | €4,459 | +€3,894 | +689% |
| Other operating charges | 640/8 | €1,377 | €3,921 | +€2,543 | +185% |
| Gross operating margin | 9900 | €39,459 | €10,299 | -€29,160 | -73.9% |
| Operating profit (loss) | 9901 | €37,517 | €1,919 | -€35,597 | -94.9% |
| Financial income | 75/76B | €11 | €166 | +€155 | +1,478% |
| Recurring financial income | 75 | €11 | €166 | +€155 | +1,478% |
| Financial charges | 65/66B | €24 | €75 | +€51 | +215% |
| Recurring financial charges | 65 | €24 | €75 | +€51 | +215% |
| Profit (loss) for the period before taxes | 9903 | €37,504 | €2,011 | -€35,493 | -94.6% |
| Income taxes | 67/77 | €9,480 | €4,024 | -€5,456 | -57.6% |
| Profit (loss) for the period | 9904 | €28,024 | -€2,013 | -€30,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,024 | -€2,013 | -€30,037 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.