JWBO: 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.
JWBO
Largest movements
- Cash +€40,559
up €40,559 (+2093.0%), from €1,938 to €42,497
mainly Net result for the year (+€45,124) and Other debts (+€38,029)
- Receivables within one year +€10,527
new in 2025: €10,527
- Tangible fixed assets -€1,201
down €1,201 (-48.4%), from €2,482 to €1,281
- Other debts +€38,029
new in 2025: €38,029
- Tax, wage and social debts +€9,046
new in 2025: €9,046
- Trade debts +€2,262
new in 2025: €2,262
- Gross operating margin +€63,348
up €63,348, from -€116 to €63,232
- Taxes +€15,690
new in 2025: €15,690
- Depreciation +€1,480
up €1,480 (+181.3%), from €816 to €2,297
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 | €4,420 | €54,305 | +€49,885 | +1128.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,482 | €1,281 | -€1,201 | -48.4% |
| Tangible fixed assets | 22/27 | €2,482 | €1,281 | -€1,201 | -48.4% |
| Furniture and vehicles | 24 | €2,482 | €1,281 | -€1,201 | -48.4% |
| Current assets | 29/58 | €1,938 | €53,024 | +€51,086 | +2636.3% |
| Amounts receivable within one year | 40/41 | - | €10,527 | +€10,527 | |
| Trade receivables | 40 | - | €10,527 | +€10,527 | |
| Cash at bank and in hand | 54/58 | €1,938 | €42,497 | +€40,559 | +2093.0% |
| Total equity and liabilities | 10/49 | €4,420 | €54,305 | +€49,885 | +1128.7% |
| Equity | 10/15 | €4,420 | €4,544 | +€124 | +2.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€580 | -€456 | +€124 | +21.4% |
| Amounts payable | 17/49 | - | €49,761 | +€49,761 | |
| Amounts payable within one year | 42/48 | - | €49,337 | +€49,337 | |
| Trade debts | 44 | - | €2,262 | +€2,262 | |
| Suppliers | 440/4 | - | €2,262 | +€2,262 | |
| Taxes, remuneration and social security | 45 | - | €9,046 | +€9,046 | |
| Taxes | 450/3 | - | €9,046 | +€9,046 | |
| Other amounts payable | 47/48 | - | €38,029 | +€38,029 | |
| Accrued charges and deferred income | 492/3 | - | €424 | +€424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €816 | €2,297 | +€1,480 | +181.3% |
| Other operating charges | 640/8 | - | €19 | +€19 | |
| Gross operating margin | 9900 | -€116 | €63,232 | +€63,348 | |
| Operating profit (loss) | 9901 | -€932 | €60,917 | +€61,849 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €45 | €104 | +€59 | +130.1% |
| Recurring financial charges | 65 | €45 | €104 | +€59 | +130.1% |
| Profit (loss) for the period before taxes | 9903 | -€977 | €60,814 | +€61,791 | |
| Income taxes | 67/77 | - | €15,690 | +€15,690 | |
| Profit (loss) for the period | 9904 | -€977 | €45,124 | +€46,102 | |
| Profit (loss) for the period to be appropriated | 9905 | -€977 | €45,124 | +€46,102 |
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 8 October 2026 via checked.be.