JW TALENT: 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 TALENT
Largest movements
- Deferred charges and accrued income -€22,880
down €22,880 (-91.7%), from €24,963 to €2,083
- Tangible fixed assets -€6,267
down €6,267 (-91.7%), from €6,835 to €568
- Receivables within one year +€5,173
up €5,173 (+20.5%), from €25,200 to €30,373
of which Trade receivables: +€10,086
- Cash -€2,332
down €2,332 (-9.6%), from €24,222 to €21,890
mainly Other debts (-€53,678) and Tax, wage and social debts (-€12,374)
- Other debts -€53,678
down €53,678 (-94.8%), from €56,627 to €2,949
- Profit (loss) carried forward +€40,000
up €40,000, from €0 to €40,000
- Tax, wage and social debts -€12,374
down €12,374 (-62.6%), from €19,765 to €7,391
- Gross operating margin -€19,083
down €19,083 (-22.6%), from €84,350 to €65,267
- Depreciation -€4,007
down €4,007 (-36.2%), from €11,059 to €7,052
- Taxes -€2,196
down €2,196 (-13.5%), from €16,315 to €14,120
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 | €81,221 | €54,913 | -€26,307 | -32.4% |
| Fixed assets | 21/28 | €6,835 | €568 | -€6,267 | -91.7% |
| Tangible fixed assets | 22/27 | €6,835 | €568 | -€6,267 | -91.7% |
| Furniture and vehicles | 24 | €6,835 | €568 | -€6,267 | -91.7% |
| Current assets | 29/58 | €74,385 | €54,346 | -€20,040 | -26.9% |
| Amounts receivable within one year | 40/41 | €25,200 | €30,373 | +€5,173 | +20.5% |
| Trade receivables | 40 | €19,406 | €29,492 | +€10,086 | +52.0% |
| Other amounts receivable | 41 | €5,794 | €880 | -€4,914 | -84.8% |
| Cash at bank and in hand | 54/58 | €24,222 | €21,890 | -€2,332 | -9.6% |
| Deferred charges and accrued income | 490/1 | €24,963 | €2,083 | -€22,880 | -91.7% |
| Total equity and liabilities | 10/49 | €81,221 | €54,913 | -€26,307 | -32.4% |
| Equity | 10/15 | €2,500 | €42,500 | +€40,000 | +1,600% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €40,000 | +€40,000 | |
| Amounts payable | 17/49 | €78,721 | €12,413 | -€66,307 | -84.2% |
| Amounts payable within one year | 42/48 | €78,721 | €11,859 | -€66,861 | -84.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,329 | €1,519 | -€810 | -34.8% |
| Suppliers | 440/4 | €2,329 | €1,519 | -€810 | -34.8% |
| Taxes, remuneration and social security | 45 | €19,765 | €7,391 | -€12,374 | -62.6% |
| Taxes | 450/3 | €19,765 | €7,391 | -€12,374 | -62.6% |
| Other amounts payable | 47/48 | €56,627 | €2,949 | -€53,678 | -94.8% |
| Accrued charges and deferred income | 492/3 | - | €554 | +€554 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,059 | €7,052 | -€4,007 | -36.2% |
| Other operating charges | 640/8 | €577 | €465 | -€112 | -19.4% |
| Gross operating margin | 9900 | €84,350 | €65,267 | -€19,083 | -22.6% |
| Operating profit (loss) | 9901 | €72,714 | €57,750 | -€14,964 | -20.6% |
| Financial income | 75/76B | €9 | €21 | +€12 | +135% |
| Recurring financial income | 75 | €9 | €21 | +€12 | +135% |
| Financial charges | 65/66B | €801 | €384 | -€417 | -52.0% |
| Recurring financial charges | 65 | €801 | €384 | -€417 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €71,922 | €57,387 | -€14,535 | -20.2% |
| Income taxes | 67/77 | €16,315 | €14,120 | -€2,196 | -13.5% |
| Profit (loss) for the period | 9904 | €55,607 | €43,267 | -€12,340 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,607 | €43,267 | -€12,340 | -22.2% |
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 22 October 2026 via checked.be.