JWBM: what changed
Two fiscal 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.
JWBM
Largest movements
- Deferred charges and accrued income +€14,259
new in 2025: €14,259
- Receivables within one year -€8,622
down €8,622 (-21.7%), from €39,641 to €31,019
of which Trade receivables: -€13,994
- Cash -€3,734
down €3,734 (-16.5%), from €22,577 to €18,842
mainly Deferred charges and accrued income (-€14,259) and Other debts (-€6,142)
- Tangible fixed assets +€3,084
new in 2025: €3,084
of which Furniture and vehicles: +€2,167
- Trade debts +€6,395
new in 2025: €6,395
- Other debts -€6,142
no longer reported in 2025 (was €6,142)
- Profit (loss) carried forward +€2,994
up €2,994 (+10.0%), from €29,827 to €32,821
- Tax, wage and social debts +€1,740
up €1,740 (+7.8%), from €22,249 to €23,989
- Gross operating margin -€37,522
down €37,522 (-81.9%), from €45,792 to €8,270
- Taxes -€12,468
down €12,468 (-83.7%), from €14,897 to €2,429
- Other operating charges +€1,328
up €1,328 (+112.1%), from €1,185 to €2,513
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.
Cash bridge derived
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 | €62,218 | €67,205 | +€4,987 | +8.0% |
| Fixed assets | 21/28 | - | €3,084 | +€3,084 | |
| Tangible fixed assets | 22/27 | - | €3,084 | +€3,084 | |
| Plant, machinery and equipment | 23 | - | €917 | +€917 | |
| Furniture and vehicles | 24 | - | €2,167 | +€2,167 | |
| Current assets | 29/58 | €62,218 | €64,121 | +€1,903 | +3.1% |
| Amounts receivable within one year | 40/41 | €39,641 | €31,019 | -€8,622 | -21.7% |
| Trade receivables | 40 | €39,189 | €25,195 | -€13,994 | -35.7% |
| Other amounts receivable | 41 | €452 | €5,824 | +€5,372 | +1187.7% |
| Cash at bank and in hand | 54/58 | €22,577 | €18,842 | -€3,734 | -16.5% |
| Deferred charges and accrued income | 490/1 | - | €14,259 | +€14,259 | |
| Total equity and liabilities | 10/49 | €62,218 | €67,205 | +€4,987 | +8.0% |
| Equity | 10/15 | €33,827 | €36,821 | +€2,994 | +8.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,827 | €32,821 | +€2,994 | +10.0% |
| Amounts payable | 17/49 | €28,391 | €30,384 | +€1,993 | +7.0% |
| Amounts payable within one year | 42/48 | €28,391 | €30,384 | +€1,993 | +7.0% |
| Trade debts | 44 | - | €6,395 | +€6,395 | |
| Suppliers | 440/4 | - | €6,395 | +€6,395 | |
| Taxes, remuneration and social security | 45 | €22,249 | €23,989 | +€1,740 | +7.8% |
| Taxes | 450/3 | €22,249 | €23,989 | +€1,740 | +7.8% |
| Other amounts payable | 47/48 | €6,142 | - | -€6,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €218 | +€218 | |
| Other operating charges | 640/8 | €1,185 | €2,513 | +€1,328 | +112.1% |
| Gross operating margin | 9900 | €45,792 | €8,270 | -€37,522 | -81.9% |
| Operating profit (loss) | 9901 | €44,607 | €5,539 | -€39,068 | -87.6% |
| Financial income | 75/76B | €1 | €323 | +€322 | +29799.1% |
| Recurring financial income | 75 | €1 | €323 | +€322 | +29799.1% |
| Financial charges | 65/66B | €89 | €440 | +€351 | +394.2% |
| Recurring financial charges | 65 | €89 | €440 | +€351 | +394.2% |
| Profit (loss) for the period before taxes | 9903 | €44,519 | €5,422 | -€39,097 | -87.8% |
| Income taxes | 67/77 | €14,897 | €2,429 | -€12,468 | -83.7% |
| Profit (loss) for the period | 9904 | €29,622 | €2,994 | -€26,629 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,622 | €2,994 | -€26,629 | -89.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.