JWB AVIATION: 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.
JWB AVIATION
Largest movements
- Receivables within one year -€270,304
down €270,304 (-10.7%), from €2.5m to €2.3m
of which Other amounts receivable: -€279,862
- Tangible fixed assets -€261,391
down €261,391 (-7.2%), from €3.7m to €3.4m
of which Leasing and similar rights: -€346,941
- Debts after one year -€482,646
down €482,646 (-23.3%), from €2.1m to €1.6m
- Accrued charges and deferred income -€100,824
down €100,824 (-9.5%), from €1.1m to €956,660
- Gross operating margin +€605,486
up €605,486, from -€25,573 to €579,914
- Depreciation +€340,102
up €340,102 (+798%), from €42,593 to €382,695
- Financial charges +€141,375
up €141,375 (+12,575%), from €1,124 to €142,500
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 | €6,189,099 | €5,692,250 | -€496,849 | -8.0% |
| Fixed assets | 21/28 | €3,653,349 | €3,391,958 | -€261,391 | -7.2% |
| Tangible fixed assets | 22/27 | €3,653,349 | €3,391,958 | -€261,391 | -7.2% |
| Plant, machinery and equipment | 23 | €14,501 | €100,051 | +€85,550 | +590% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €3,638,848 | €3,291,907 | -€346,941 | -9.5% |
| Current assets | 29/58 | €2,535,750 | €2,300,292 | -€235,458 | -9.3% |
| Amounts receivable within one year | 40/41 | €2,535,750 | €2,265,446 | -€270,304 | -10.7% |
| Trade receivables | 40 | €42,232 | €51,790 | +€9,558 | +22.6% |
| Other amounts receivable | 41 | €2,493,518 | €2,213,656 | -€279,862 | -11.2% |
| Cash at bank and in hand | 54/58 | €0 | €34,846 | +€34,846 | |
| Total equity and liabilities | 10/49 | €6,189,099 | €5,692,250 | -€496,849 | -8.0% |
| Equity | 10/15 | €2,572,262 | €2,625,387 | +€53,125 | +2.1% |
| Contributions | 10/11 | €3,230,239 | €3,230,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€657,978 | -€604,852 | +€53,125 | +8.1% |
| Amounts payable | 17/49 | €3,616,838 | €3,066,863 | -€549,974 | -15.2% |
| Amounts payable after more than one year | 17 | €2,071,315 | €1,588,669 | -€482,646 | -23.3% |
| Financial debts | 170/4 | €2,071,315 | €1,588,669 | -€482,646 | -23.3% |
| Amounts payable within one year | 42/48 | €488,038 | €521,534 | +€33,496 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €454,000 | €482,646 | +€28,646 | +6.3% |
| Financial debts | 43 | €67 | €0 | -€67 | -100% |
| Credit institutions | 430/8 | €67 | €0 | -€67 | -100% |
| Trade debts | 44 | €33,971 | €38,888 | +€4,917 | +14.5% |
| Suppliers | 440/4 | €33,971 | €38,888 | +€4,917 | +14.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,057,485 | €956,660 | -€100,824 | -9.5% |
| Non-recurring operating income | 76A | €12,310 | €100,824 | +€88,515 | +719% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,593 | €382,695 | +€340,102 | +798% |
| Other operating charges | 640/8 | €633 | €2,643 | +€2,010 | +318% |
| Gross operating margin | 9900 | -€25,573 | €579,914 | +€605,486 | |
| Operating profit (loss) | 9901 | -€68,799 | €194,575 | +€263,374 | |
| Financial income | 75/76B | €0 | €1,050 | +€1,050 | |
| Recurring financial income | 75 | €0 | €1,050 | +€1,050 | |
| Financial charges | 65/66B | €1,124 | €142,500 | +€141,375 | +12,575% |
| Recurring financial charges | 65 | €1,124 | €142,500 | +€141,375 | +12,575% |
| Profit (loss) for the period before taxes | 9903 | -€69,923 | €53,125 | +€123,048 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€69,923 | €53,125 | +€123,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,923 | €53,125 | +€123,048 |
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 28 October 2026 via checked.be.