JSWorking: what changed
JSWorking
Largest movements
- Receivables within one year +€44,254
up €44,254 (+142%), from €31,210 to €75,464
of which Trade receivables: +€29,593
- Cash +€1,727
up €1,727 (+593%), from €291 to €2,018
mainly Net result for the year (+€35,696) and Trade debts (+€8,769)
- Reserves +€30,665
up €30,665 (+4,718%), from €650 to €31,315
- Trade debts +€8,769
up €8,769 (+113%), from €7,790 to €16,559
- Profit (loss) carried forward +€5,031
up €5,031, from -€5,031 to €0
- Gross operating margin +€27,607
up €27,607 (+106%), from €26,022 to €53,629
- Taxes +€8,634
up €8,634 (+158%), from €5,477 to €14,111
- Financial charges -€1,060
down €1,060 (-22.6%), from €4,695 to €3,635
- Financial income +€1,047
up €1,047 (+95.1%), from €1,101 to €2,148
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 | €35,516 | €81,361 | +€45,845 | +129% |
| Fixed assets | 21/28 | €1,341 | €887 | -€455 | -33.9% |
| Tangible fixed assets | 22/27 | €1,341 | €887 | -€455 | -33.9% |
| Furniture and vehicles | 24 | €1,341 | €887 | -€455 | -33.9% |
| Current assets | 29/58 | €34,175 | €80,474 | +€46,299 | +135% |
| Amounts receivable within one year | 40/41 | €31,210 | €75,464 | +€44,254 | +142% |
| Trade receivables | 40 | €7,551 | €37,144 | +€29,593 | +392% |
| Other amounts receivable | 41 | €23,659 | €38,320 | +€14,661 | +62.0% |
| Cash at bank and in hand | 54/58 | €291 | €2,018 | +€1,727 | +593% |
| Deferred charges and accrued income | 490/1 | €2,673 | €2,991 | +€318 | +11.9% |
| Total equity and liabilities | 10/49 | €35,516 | €81,361 | +€45,845 | +129% |
| Equity | 10/15 | €14,219 | €49,915 | +€35,696 | +251% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €650 | €31,315 | +€30,665 | +4,718% |
| Distributable reserves | 133 | €650 | €31,315 | +€30,665 | +4,718% |
| Profit (loss) carried forward | 14 | -€5,031 | €0 | +€5,031 | |
| Amounts payable | 17/49 | €21,297 | €31,446 | +€10,149 | +47.7% |
| Amounts payable within one year | 42/48 | €21,297 | €31,446 | +€10,149 | +47.7% |
| Financial debts | 43 | - | €604 | +€604 | |
| Credit institutions | 430/8 | - | €604 | +€604 | |
| Trade debts | 44 | €7,790 | €16,559 | +€8,769 | +113% |
| Suppliers | 440/4 | €7,790 | €16,559 | +€8,769 | +113% |
| Taxes, remuneration and social security | 45 | €13,507 | €13,919 | +€412 | +3.1% |
| Taxes | 450/3 | €13,507 | €13,919 | +€412 | +3.1% |
| Other amounts payable | 47/48 | - | €365 | +€365 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €455 | = | 0.0% |
| Other operating charges | 640/8 | €1,351 | €1,881 | +€530 | +39.2% |
| Gross operating margin | 9900 | €26,022 | €53,629 | +€27,607 | +106% |
| Operating profit (loss) | 9901 | €24,217 | €51,294 | +€27,077 | +112% |
| Financial income | 75/76B | €1,101 | €2,148 | +€1,047 | +95.1% |
| Recurring financial income | 75 | €1,101 | €2,148 | +€1,047 | +95.1% |
| Financial charges | 65/66B | €4,695 | €3,635 | -€1,060 | -22.6% |
| Recurring financial charges | 65 | €4,695 | €3,635 | -€1,060 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €20,622 | €49,807 | +€29,184 | +142% |
| Income taxes | 67/77 | €5,477 | €14,111 | +€8,634 | +158% |
| Profit (loss) for the period | 9904 | €15,145 | €35,696 | +€20,551 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €15,145 | €35,696 | +€20,551 | +136% |
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.