JWi²: 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.
JWi²
Largest movements
- Receivables within one year -€76,783
down €76,783 (-62.3%), from €123,291 to €46,509
of which Other amounts receivable: -€91,306
- Cash +€24,904
up €24,904 (+15.8%), from €157,656 to €182,559
mainly Net result for the year (+€181,414) and Other debts (+€91,500)
- Reserves -€141,000
down €141,000 (-61.0%), from €231,000 to €90,000
- Other debts +€91,500
new in 2025: €91,500
- Tax, wage and social debts -€5,385
down €5,385 (-9.1%), from €59,332 to €53,947
- Trade debts +€3,568
up €3,568 (+218.0%), from €1,637 to €5,205
- Gross operating margin +€48,489
up €48,489 (+24.2%), from €200,262 to €248,752
- Taxes +€15,557
up €15,557 (+35.0%), from €44,445 to €60,002
- Other operating charges -€3,775
down €3,775 (-74.8%), from €5,043 to €1,269
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 | €294,835 | €243,433 | -€51,402 | -17.4% |
| Fixed assets | 21/28 | €12,050 | €12,744 | +€694 | +5.8% |
| Intangible fixed assets | 21 | €400 | €200 | -€200 | -50.0% |
| Tangible fixed assets | 22/27 | €11,650 | €12,544 | +€894 | +7.7% |
| Furniture and vehicles | 24 | €3,725 | €3,996 | +€270 | +7.3% |
| Other tangible fixed assets | 26 | €7,924 | €8,548 | +€623 | +7.9% |
| Current assets | 29/58 | €282,785 | €230,690 | -€52,096 | -18.4% |
| Amounts receivable within one year | 40/41 | €123,291 | €46,509 | -€76,783 | -62.3% |
| Trade receivables | 40 | €23,394 | €37,918 | +€14,523 | +62.1% |
| Other amounts receivable | 41 | €99,897 | €8,591 | -€91,306 | -91.4% |
| Cash at bank and in hand | 54/58 | €157,656 | €182,559 | +€24,904 | +15.8% |
| Deferred charges and accrued income | 490/1 | €1,838 | €1,622 | -€216 | -11.8% |
| Total equity and liabilities | 10/49 | €294,835 | €243,433 | -€51,402 | -17.4% |
| Equity | 10/15 | €233,800 | €92,714 | -€141,086 | -60.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €231,000 | €90,000 | -€141,000 | -61.0% |
| Distributable reserves | 133 | €231,000 | €90,000 | -€141,000 | -61.0% |
| Profit (loss) carried forward | 14 | €800 | €714 | -€86 | -10.8% |
| Amounts payable | 17/49 | €61,035 | €150,719 | +€89,684 | +146.9% |
| Amounts payable within one year | 42/48 | €60,969 | €150,652 | +€89,683 | +147.1% |
| Trade debts | 44 | €1,637 | €5,205 | +€3,568 | +218.0% |
| Suppliers | 440/4 | €1,637 | €5,205 | +€3,568 | +218.0% |
| Taxes, remuneration and social security | 45 | €59,332 | €53,947 | -€5,385 | -9.1% |
| Taxes | 450/3 | €59,332 | €53,947 | -€5,385 | -9.1% |
| Other amounts payable | 47/48 | - | €91,500 | +€91,500 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €2,716 | +€1,074 | +65.4% |
| Other operating charges | 640/8 | €5,043 | €1,269 | -€3,775 | -74.8% |
| Gross operating margin | 9900 | €200,262 | €248,752 | +€48,489 | +24.2% |
| Operating profit (loss) | 9901 | €193,577 | €244,767 | +€51,189 | +26.4% |
| Financial charges | 65/66B | €2,233 | €3,351 | +€1,118 | +50.1% |
| Recurring financial charges | 65 | €2,233 | €3,351 | +€1,118 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €191,345 | €241,416 | +€50,071 | +26.2% |
| Income taxes | 67/77 | €44,445 | €60,002 | +€15,557 | +35.0% |
| Profit (loss) for the period | 9904 | €146,900 | €181,414 | +€34,514 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,900 | €181,414 | +€34,514 | +23.5% |
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 9 October 2026 via checked.be.