JWORKX: 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.
JWORKX
Largest movements
- Receivables within one year +€34,965
up €34,965 (+18.6%), from €187,688 to €222,653
of which Trade receivables: +€34,313
- Tangible fixed assets -€11,736
down €11,736 (-33.3%), from €35,208 to €23,472
of which Leasing and similar rights: -€11,736
- Cash -€5,054
down €5,054 (-84.5%), from €5,978 to €924
mainly Receivables within one year (-€34,965) and Tax, wage and social debts (-€16,084)
- Reserves +€51,068
up €51,068 (+58.5%), from €87,310 to €138,378
of which Tax-exempt reserves: +€29,470
- Tax, wage and social debts -€16,084
down €16,084 (-62.8%), from €25,620 to €9,536
of which Taxes: -€16,084
- Debts after one year -€12,239
down €12,239 (-48.9%), from €25,028 to €12,789
- Other debts -€4,548
down €4,548 (-5.3%), from €85,271 to €80,723
- Gross operating margin +€33,780
up €33,780 (+70.8%), from €47,693 to €81,473
- Taxes +€9,240
up €9,240 (+112.8%), from €8,188 to €17,428
- Depreciation -€2,197
down €2,197 (-15.3%), from €14,322 to €12,125
- Financial income +€1,898
up €1,898 (+301.0%), from €630 to €2,528
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 | €248,990 | €266,178 | +€17,188 | +6.9% |
| Fixed assets | 21/28 | €50,986 | €38,861 | -€12,125 | -23.8% |
| Intangible fixed assets | 21 | €778 | €389 | -€389 | -50.0% |
| Tangible fixed assets | 22/27 | €35,208 | €23,472 | -€11,736 | -33.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €35,208 | €23,472 | -€11,736 | -33.3% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €198,004 | €227,317 | +€29,313 | +14.8% |
| Amounts receivable within one year | 40/41 | €187,688 | €222,653 | +€34,965 | +18.6% |
| Trade receivables | 40 | €57,779 | €92,092 | +€34,313 | +59.4% |
| Other amounts receivable | 41 | €129,909 | €130,561 | +€652 | +0.5% |
| Cash at bank and in hand | 54/58 | €5,978 | €924 | -€5,054 | -84.5% |
| Deferred charges and accrued income | 490/1 | €4,337 | €3,740 | -€598 | -13.8% |
| Total equity and liabilities | 10/49 | €248,990 | €266,178 | +€17,188 | +6.9% |
| Equity | 10/15 | €97,310 | €148,378 | +€51,068 | +52.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87,310 | €138,378 | +€51,068 | +58.5% |
| Tax-exempt reserves | 132 | - | €29,470 | +€29,470 | |
| Distributable reserves | 133 | €87,310 | €108,908 | +€21,598 | +24.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,680 | €117,800 | -€33,879 | -22.3% |
| Amounts payable after more than one year | 17 | €25,028 | €12,789 | -€12,239 | -48.9% |
| Financial debts | 170/4 | €25,028 | €12,789 | -€12,239 | -48.9% |
| Amounts payable within one year | 42/48 | €126,651 | €104,580 | -€22,072 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €11,713 | €12,239 | +€526 | +4.5% |
| Trade debts | 44 | €4,047 | €2,081 | -€1,966 | -48.6% |
| Suppliers | 440/4 | €4,047 | €2,081 | -€1,966 | -48.6% |
| Taxes, remuneration and social security | 45 | €25,620 | €9,536 | -€16,084 | -62.8% |
| Taxes | 450/3 | €25,620 | €9,536 | -€16,084 | -62.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €85,271 | €80,723 | -€4,548 | -5.3% |
| Accrued charges and deferred income | 492/3 | - | €432 | +€432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,322 | €12,125 | -€2,197 | -15.3% |
| Other operating charges | 640/8 | €789 | €488 | -€302 | -38.2% |
| Non-recurring operating charges | 66A | €792 | €0 | -€792 | -100.0% |
| Gross operating margin | 9900 | €47,693 | €81,473 | +€33,780 | +70.8% |
| Operating profit (loss) | 9901 | €31,790 | €68,860 | +€37,070 | +116.6% |
| Financial income | 75/76B | €630 | €2,528 | +€1,898 | +301.0% |
| Recurring financial income | 75 | €630 | €2,528 | +€1,898 | +301.0% |
| Financial charges | 65/66B | €3,207 | €2,894 | -€314 | -9.8% |
| Recurring financial charges | 65 | €3,207 | €2,894 | -€314 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €29,213 | €68,495 | +€39,282 | +134.5% |
| Income taxes | 67/77 | €8,188 | €17,428 | +€9,240 | +112.8% |
| Profit (loss) for the period | 9904 | €21,025 | €51,068 | +€30,042 | +142.9% |
| Transfer to tax-exempt reserves | 689 | - | €29,470 | +€29,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,025 | €21,598 | +€572 | +2.7% |
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 7 October 2026 via checked.be.