JW CONSULTING & SERVICES: 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.
JW CONSULTING & SERVICES
Largest movements
- Current investments -€80,118
down €80,118 (-100%), from €80,118 to €0
- Cash +€73,738
up €73,738 (+318%), from €23,161 to €96,899
mainly Current investments (+€80,118) and Net result for the year (+€26,720)
- Tangible fixed assets -€5,616
down €5,616 (-31.7%), from €17,693 to €12,078
- Receivables within one year -€4,992
down €4,992 (-18.6%), from €26,876 to €21,883
of which Trade receivables: -€4,949
- Deferred charges and accrued income +€3,336
new in 2025: €3,336
- Other debts -€24,399
down €24,399 (-61.0%), from €40,000 to €15,601
- Reserves +€11,720
up €11,720 (+17.2%), from €68,247 to €79,967
- Tax, wage and social debts -€1,560
down €1,560 (-12.3%), from €12,715 to €11,155
- Gross operating margin -€16,963
down €16,963 (-27.3%), from €62,163 to €45,200
- Taxes -€1,727
down €1,727 (-14.1%), from €12,232 to €10,505
- Depreciation +€1,109
up €1,109 (+17.9%), from €6,187 to €7,295
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 | €147,848 | €134,196 | -€13,651 | -9.2% |
| Fixed assets | 21/28 | €17,693 | €12,078 | -€5,616 | -31.7% |
| Tangible fixed assets | 22/27 | €17,693 | €12,078 | -€5,616 | -31.7% |
| Furniture and vehicles | 24 | €17,693 | €12,078 | -€5,616 | -31.7% |
| Current assets | 29/58 | €130,154 | €122,118 | -€8,036 | -6.2% |
| Amounts receivable within one year | 40/41 | €26,876 | €21,883 | -€4,992 | -18.6% |
| Trade receivables | 40 | €26,581 | €21,632 | -€4,949 | -18.6% |
| Other amounts receivable | 41 | €295 | €252 | -€43 | -14.7% |
| Current investments | 50/53 | €80,118 | €0 | -€80,118 | -100% |
| Cash at bank and in hand | 54/58 | €23,161 | €96,899 | +€73,738 | +318% |
| Deferred charges and accrued income | 490/1 | - | €3,336 | +€3,336 | |
| Total equity and liabilities | 10/49 | €147,848 | €134,196 | -€13,651 | -9.2% |
| Equity | 10/15 | €91,747 | €103,467 | +€11,720 | +12.8% |
| Contributions | 10/11 | €23,500 | €23,500 | = | 0.0% |
| Reserves | 13 | €68,247 | €79,967 | +€11,720 | +17.2% |
| Distributable reserves | 133 | €68,247 | €79,967 | +€11,720 | +17.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €56,101 | €30,729 | -€25,372 | -45.2% |
| Amounts payable within one year | 42/48 | €56,101 | €30,709 | -€25,391 | -45.3% |
| Trade debts | 44 | €3,386 | €3,953 | +€568 | +16.8% |
| Suppliers | 440/4 | €3,386 | €3,953 | +€568 | +16.8% |
| Taxes, remuneration and social security | 45 | €12,715 | €11,155 | -€1,560 | -12.3% |
| Taxes | 450/3 | €12,715 | €11,155 | -€1,560 | -12.3% |
| Other amounts payable | 47/48 | €40,000 | €15,601 | -€24,399 | -61.0% |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,187 | €7,295 | +€1,109 | +17.9% |
| Other operating charges | 640/8 | €818 | €869 | +€52 | +6.3% |
| Non-recurring operating charges | 66A | €902 | €0 | -€902 | -100% |
| Gross operating margin | 9900 | €62,163 | €45,200 | -€16,963 | -27.3% |
| Operating profit (loss) | 9901 | €54,256 | €37,035 | -€17,221 | -31.7% |
| Financial income | 75/76B | €681 | €774 | +€93 | +13.6% |
| Recurring financial income | 75 | €681 | €774 | +€93 | +13.6% |
| Financial charges | 65/66B | €787 | €583 | -€203 | -25.9% |
| Recurring financial charges | 65 | €787 | €583 | -€203 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €54,151 | €37,225 | -€16,925 | -31.3% |
| Income taxes | 67/77 | €12,232 | €10,505 | -€1,727 | -14.1% |
| Profit (loss) for the period | 9904 | €41,918 | €26,720 | -€15,198 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,918 | €26,720 | -€15,198 | -36.3% |
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 27 October 2026 via checked.be.