JWLB-IT: 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.
JWLB-IT
Largest movements
- Receivables within one year +€88,416
up €88,416 (+1,051%), from €8,416 to €96,832
- Stocks and contracts +€31,220
up €31,220 (+142%), from €22,000 to €53,220
- Tangible fixed assets +€9,758
up €9,758 (+64.4%), from €15,140 to €24,898
- Financial fixed assets +€2,850
new in 2024: €2,850
- Trade debts +€90,700
up €90,700 (+1,217%), from €7,455 to €98,154
- Debts after one year +€39,602
up €39,602 (+1,253%), from €3,160 to €42,763
- Profit (loss) carried forward -€22,341
down €22,341 (-675%), from -€3,310 to -€25,651
- Tax, wage and social debts +€13,845
up €13,845 (+89.1%), from €15,544 to €29,390
- Current portion of long-term debt +€7,332
up €7,332 (+168%), from €4,375 to €11,707
- Financial charges +€4,200
up €4,200 (+163%), from €2,584 to €6,783
- Depreciation +€3,383
up €3,383 (+6,603%), from €51 to €3,435
- Other operating charges +€2,215
up €2,215 (+315%), from €704 to €2,919
- Gross operating margin +€1,531
up €1,531 (+15.9%), from -€9,611 to -€8,079
- Taxes +€1,003
up €1,003 (+622%), from €161 to €1,165
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,055 | €181,158 | +€134,104 | +285% |
| Fixed assets | 21/28 | €15,140 | €29,523 | +€14,383 | +95.0% |
| Intangible fixed assets | 21 | - | €1,775 | +€1,775 | |
| Tangible fixed assets | 22/27 | €15,140 | €24,898 | +€9,758 | +64.4% |
| Plant, machinery and equipment | 23 | €15,140 | €24,898 | +€9,758 | +64.4% |
| Financial fixed assets | 28 | - | €2,850 | +€2,850 | |
| Current assets | 29/58 | €31,914 | €151,635 | +€119,721 | +375% |
| Stocks and contracts in progress | 3 | €22,000 | €53,220 | +€31,220 | +142% |
| Stocks | 30/36 | €22,000 | €53,220 | +€31,220 | +142% |
| Amounts receivable within one year | 40/41 | €8,416 | €96,832 | +€88,416 | +1,051% |
| Trade receivables | 40 | €8,416 | €96,832 | +€88,416 | +1,051% |
| Cash at bank and in hand | 54/58 | €1,180 | €1,273 | +€94 | +7.9% |
| Deferred charges and accrued income | 490/1 | €319 | €310 | -€8 | -2.6% |
| Total equity and liabilities | 10/49 | €47,055 | €181,158 | +€134,104 | +285% |
| Equity | 10/15 | -€1,310 | -€23,651 | -€22,341 | -1,705% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,310 | -€25,651 | -€22,341 | -675% |
| Amounts payable | 17/49 | €48,365 | €204,810 | +€156,445 | +323% |
| Amounts payable after more than one year | 17 | €3,160 | €42,763 | +€39,602 | +1,253% |
| Financial debts | 170/4 | €3,160 | €42,763 | +€39,602 | +1,253% |
| Amounts payable within one year | 42/48 | €45,205 | €162,047 | +€116,842 | +258% |
| Current portion of amounts payable after more than one year | 42 | €4,375 | €11,707 | +€7,332 | +168% |
| Financial debts | 43 | €4,925 | €10,921 | +€5,996 | +122% |
| Credit institutions | 430/8 | €3,903 | €1,545 | -€2,358 | -60.4% |
| Other loans | 439 | €1,021 | €9,376 | +€8,354 | +818% |
| Trade debts | 44 | €7,455 | €98,154 | +€90,700 | +1,217% |
| Suppliers | 440/4 | €7,455 | €98,154 | +€90,700 | +1,217% |
| Taxes, remuneration and social security | 45 | €15,544 | €29,390 | +€13,845 | +89.1% |
| Taxes | 450/3 | €15,544 | €29,390 | +€13,845 | +89.1% |
| Other amounts payable | 47/48 | €12,906 | €11,875 | -€1,031 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €3,435 | +€3,383 | +6,603% |
| Other operating charges | 640/8 | €704 | €2,919 | +€2,215 | +315% |
| Gross operating margin | 9900 | -€9,611 | -€8,079 | +€1,531 | +15.9% |
| Operating profit (loss) | 9901 | -€10,366 | -€14,433 | -€4,067 | -39.2% |
| Financial income | 75/76B | €15 | €40 | +€25 | +158% |
| Recurring financial income | 75 | €15 | €40 | +€25 | +158% |
| Financial charges | 65/66B | €2,584 | €6,783 | +€4,200 | +163% |
| Recurring financial charges | 65 | €2,584 | €6,783 | +€4,200 | +163% |
| Profit (loss) for the period before taxes | 9903 | -€12,935 | -€21,176 | -€8,242 | -63.7% |
| Income taxes | 67/77 | €161 | €1,165 | +€1,003 | +622% |
| Profit (loss) for the period | 9904 | -€13,096 | -€22,341 | -€9,245 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,096 | -€22,341 | -€9,245 | -70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.