JW DESIGN CONCEPT: 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 DESIGN CONCEPT
Largest movements
- Receivables within one year +€126,312
up €126,312 (+213%), from €59,256 to €185,568
of which Other amounts receivable: +€106,263
- Tangible fixed assets -€74,302
down €74,302 (-7.7%), from €965,256 to €890,954
of which Plant, machinery and equipment: -€38,651
- Profit (loss) carried forward +€115,634
up €115,634, from -€30,702 to €84,931
- Other debts -€96,074
no longer reported in 2025 (was €96,074)
- Debts after one year -€62,447
down €62,447 (-8.4%), from €739,850 to €677,403
- Tax, wage and social debts +€43,215
up €43,215 (+235%), from €18,384 to €61,599
of which Taxes: +€31,663
- Trade debts +€37,510
up €37,510 (+30.5%), from €122,933 to €160,443
- Gross operating margin +€194,350
up €194,350 (+92.3%), from €210,676 to €405,026
- Taxes +€26,730
up €26,730 (+3,607%), from €741 to €27,471
- Financial charges +€12,428
up €12,428 (+45.9%), from €27,102 to €39,530
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 | €1,036,958 | €1,087,414 | +€50,456 | +4.9% |
| Fixed assets | 21/28 | €969,314 | €894,862 | -€74,452 | -7.7% |
| Intangible fixed assets | 21 | €1,356 | €1,206 | -€150 | -11.1% |
| Tangible fixed assets | 22/27 | €965,256 | €890,954 | -€74,302 | -7.7% |
| Land and buildings | 22 | €592,838 | €568,881 | -€23,958 | -4.0% |
| Plant, machinery and equipment | 23 | €330,321 | €291,669 | -€38,651 | -11.7% |
| Furniture and vehicles | 24 | €42,096 | €30,404 | -€11,692 | -27.8% |
| Financial fixed assets | 28 | €2,702 | €2,702 | = | 0.0% |
| Current assets | 29/58 | €67,644 | €192,552 | +€124,908 | +185% |
| Stocks and contracts in progress | 3 | €4,227 | €1,906 | -€2,321 | -54.9% |
| Stocks | 30/36 | €4,227 | €1,906 | -€2,321 | -54.9% |
| Amounts receivable within one year | 40/41 | €59,256 | €185,568 | +€126,312 | +213% |
| Trade receivables | 40 | €28,146 | €48,195 | +€20,049 | +71.2% |
| Other amounts receivable | 41 | €31,110 | €137,373 | +€106,263 | +342% |
| Cash at bank and in hand | 54/58 | €0 | €2,248 | +€2,248 | |
| Deferred charges and accrued income | 490/1 | €4,161 | €2,830 | -€1,331 | -32.0% |
| Total equity and liabilities | 10/49 | €1,036,958 | €1,087,414 | +€50,456 | +4.9% |
| Equity | 10/15 | -€702 | €114,931 | +€115,634 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,702 | €84,931 | +€115,634 | |
| Amounts payable | 17/49 | €1,037,660 | €972,483 | -€65,177 | -6.3% |
| Amounts payable after more than one year | 17 | €739,850 | €677,403 | -€62,447 | -8.4% |
| Financial debts | 170/4 | €739,850 | €677,403 | -€62,447 | -8.4% |
| Amounts payable within one year | 42/48 | €297,810 | €295,079 | -€2,731 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €58,717 | €70,622 | +€11,905 | +20.3% |
| Financial debts | 43 | €1,701 | €2,415 | +€714 | +42.0% |
| Credit institutions | 430/8 | €1,701 | €2,415 | +€714 | +42.0% |
| Trade debts | 44 | €122,933 | €160,443 | +€37,510 | +30.5% |
| Suppliers | 440/4 | €122,933 | €160,443 | +€37,510 | +30.5% |
| Taxes, remuneration and social security | 45 | €18,384 | €61,599 | +€43,215 | +235% |
| Taxes | 450/3 | €3,301 | €34,964 | +€31,663 | +959% |
| Remuneration and social security | 454/9 | €15,083 | €26,635 | +€11,552 | +76.6% |
| Other amounts payable | 47/48 | €96,074 | - | -€96,074 | |
| Remuneration, social security and pensions | 62 | €130,272 | €132,733 | +€2,462 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,410 | €81,819 | +€409 | +0.5% |
| Other operating charges | 640/8 | €4,763 | €8,192 | +€3,429 | +72.0% |
| Non-recurring operating charges | 66A | €8,925 | - | -€8,925 | |
| Gross operating margin | 9900 | €210,676 | €405,026 | +€194,350 | +92.3% |
| Operating profit (loss) | 9901 | -€14,694 | €182,282 | +€196,976 | |
| Financial income | 75/76B | €2 | €353 | +€352 | +20,691% |
| Recurring financial income | 75 | €2 | €353 | +€352 | +20,691% |
| Financial charges | 65/66B | €27,102 | €39,530 | +€12,428 | +45.9% |
| Recurring financial charges | 65 | €27,102 | €39,530 | +€12,428 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | -€41,794 | €143,105 | +€184,899 | |
| Income taxes | 67/77 | €741 | €27,471 | +€26,730 | +3,607% |
| Profit (loss) for the period | 9904 | -€42,535 | €115,634 | +€158,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,535 | €115,634 | +€158,169 |
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 26 October 2026 via checked.be.