JW HOLDCO: what changed
What changed
JW HOLDCO
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€55,242
2024 · €42,692+€12,550
Equity
€656,601
2024 · €601,359+€55,242
Cash
€274,331
2024 · €265,533+€8,798
Balance sheet total
€778,406
2024 · €714,506+€63,900
Largest movements
Assets
- Current investments +€48,110
up €48,110 (+35.8%), from €134,524 to €182,634
- Receivables within one year +€46,803
up €46,803 (+74.8%), from €62,572 to €109,375
of which Trade receivables: +€59,390
- Intangible fixed assets -€23,488
down €23,488 (-12.1%), from €193,761 to €170,273
- Tangible fixed assets -€15,710
down €15,710 (-28.6%), from €54,990 to €39,280
of which Furniture and vehicles: -€11,922
- Cash +€8,798
up €8,798 (+3.3%), from €265,533 to €274,331
mainly Net result for the year (+€55,242) and Depreciation (+€31,539)
Equity and liabilities
- Reserves +€55,242
up €55,242 (+10.5%), from €527,025 to €582,267
of which Distributable reserves: +€55,242
Income statement
- Gross operating margin +€26,430
up €26,430 (+29.1%), from €90,890 to €117,321
- Financial charges +€8,444
up €8,444 (+2,365%), from €357 to €8,801
- Taxes +€6,592
up €6,592 (+42.0%), from €15,707 to €22,298
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.
Result 2024
€42,692
Gross operating margin
+€26,430
Staff costs
+€540
Depreciation
-€604
Other operating charges
+€713
Financial income
+€506
Financial charges
-€8,444
Taxes
-€6,592
Result 2025
€55,242
raises the resultlowers the result
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.
From operations
+€49,249
Investment
-€40,451
Financing
€0
Cash 2024
€265,533
From operations (derived)
+€49,249
Net result for the year
+€55,242
Depreciation
+€31,539
Receivables after one year
+€1,377
Receivables within one year
-€46,803
Deferred charges and accrued income
-€764
Trade debts
+€268
Tax, wage and social debts
+€4,115
Other debts
+€4,276
Investment (derived)
-€40,451
Investment in fixed assets (net)
+€7,659
Current investments
-€48,110
Cash 2025
€274,331
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €714,506 | €778,406 | +€63,900 | +8.9% |
| Fixed assets | 21/28 | €248,851 | €209,653 | -€39,198 | -15.8% |
| Intangible fixed assets | 21 | €193,761 | €170,273 | -€23,488 | -12.1% |
| Tangible fixed assets | 22/27 | €54,990 | €39,280 | -€15,710 | -28.6% |
| Land and buildings | 22 | €10,667 | €9,374 | -€1,293 | -12.1% |
| Plant, machinery and equipment | 23 | €16,670 | €14,175 | -€2,495 | -15.0% |
| Furniture and vehicles | 24 | €27,653 | €15,731 | -€11,922 | -43.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €465,655 | €568,753 | +€103,098 | +22.1% |
| Amounts receivable after more than one year | 29 | €1,377 | - | -€1,377 | |
| Other amounts receivable | 291 | €1,377 | - | -€1,377 | |
| Amounts receivable within one year | 40/41 | €62,572 | €109,375 | +€46,803 | +74.8% |
| Trade receivables | 40 | €47,834 | €107,224 | +€59,390 | +124% |
| Other amounts receivable | 41 | €14,737 | €2,151 | -€12,586 | -85.4% |
| Current investments | 50/53 | €134,524 | €182,634 | +€48,110 | +35.8% |
| Cash at bank and in hand | 54/58 | €265,533 | €274,331 | +€8,798 | +3.3% |
| Deferred charges and accrued income | 490/1 | €1,649 | €2,413 | +€764 | +46.3% |
| Total equity and liabilities | 10/49 | €714,506 | €778,406 | +€63,900 | +8.9% |
| Equity | 10/15 | €601,359 | €656,601 | +€55,242 | +9.2% |
| Contributions | 10/11 | €74,334 | €74,334 | = | 0.0% |
| Contributions outside capital | 11 | €74,334 | €74,334 | = | 0.0% |
| Other | 1109/19 | €74,334 | €74,334 | = | 0.0% |
| Reserves | 13 | €527,025 | €582,267 | +€55,242 | +10.5% |
| Non-distributable reserves | 130/1 | €5,573 | €5,573 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,573 | - | -€5,573 | |
| Own shares acquired | 1312 | - | €5,573 | +€5,573 | |
| Tax-exempt reserves | 132 | €19,340 | €19,340 | = | 0.0% |
| Distributable reserves | 133 | €502,112 | €557,353 | +€55,242 | +11.0% |
| Amounts payable | 17/49 | €113,147 | €121,805 | +€8,659 | +7.7% |
| Amounts payable within one year | 42/48 | €113,147 | €121,805 | +€8,659 | +7.7% |
| Trade debts | 44 | €257 | €525 | +€268 | +104% |
| Suppliers | 440/4 | €257 | €525 | +€268 | +104% |
| Taxes, remuneration and social security | 45 | €5,557 | €9,672 | +€4,115 | +74.0% |
| Taxes | 450/3 | €5,557 | €4,487 | -€1,070 | -19.3% |
| Remuneration and social security | 454/9 | - | €5,185 | +€5,185 | |
| Other amounts payable | 47/48 | €107,332 | €111,609 | +€4,276 | +4.0% |
| Non-recurring operating income | 76A | - | €1,742 | +€1,742 | |
| Remuneration, social security and pensions | 62 | €540 | - | -€540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,935 | €31,539 | +€604 | +2.0% |
| Other operating charges | 640/8 | €1,512 | €799 | -€713 | -47.2% |
| Gross operating margin | 9900 | €90,890 | €117,321 | +€26,430 | +29.1% |
| Operating profit (loss) | 9901 | €57,904 | €84,983 | +€27,080 | +46.8% |
| Financial income | 75/76B | €852 | €1,358 | +€506 | +59.3% |
| Recurring financial income | 75 | €852 | €1,358 | +€506 | +59.3% |
| Financial charges | 65/66B | €357 | €8,801 | +€8,444 | +2,365% |
| Recurring financial charges | 65 | €357 | €8,801 | +€8,444 | +2,365% |
| Profit (loss) for the period before taxes | 9903 | €58,399 | €77,540 | +€19,141 | +32.8% |
| Income taxes | 67/77 | €15,707 | €22,298 | +€6,592 | +42.0% |
| Profit (loss) for the period | 9904 | €42,692 | €55,242 | +€12,550 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,692 | €55,242 | +€12,550 | +29.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.