JWServices: 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.
JWServices
Largest movements
- Cash +€31,193
up €31,193 (+284%), from €11,001 to €42,194
mainly Net result for the year (+€31,474) and Tax, wage and social debts (+€4,907)
- Receivables within one year +€4,064
up €4,064 (+35.9%), from €11,330 to €15,394
of which Trade receivables: +€2,450
- Tangible fixed assets -€1,995
down €1,995 (-24.7%), from €8,068 to €6,072
of which Furniture and vehicles: -€2,057
- Reserves +€31,474
up €31,474 (+219%), from €14,343 to €45,818
- Tax, wage and social debts +€4,907
up €4,907 (+93.5%), from €5,250 to €10,157
- Other debts -€2,253
no longer reported in 2025 (was €2,253)
- Debts after one year -€2,054
down €2,054 (-53.7%), from €3,828 to €1,774
- Trade debts +€1,128
up €1,128 (+127%), from €886 to €2,014
- Gross operating margin +€26,143
up €26,143 (+136%), from €19,184 to €45,327
- Taxes +€4,645
up €4,645 (+123%), from €3,767 to €8,412
- Depreciation +€2,425
up €2,425 (+796%), from €305 to €2,729
- Financial charges +€1,880
up €1,880 (+262%), from €719 to €2,599
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.
Derived cash bridge
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 | €31,054 | €64,316 | +€33,262 | +107% |
| Fixed assets | 21/28 | €8,068 | €6,072 | -€1,995 | -24.7% |
| Tangible fixed assets | 22/27 | €8,068 | €6,072 | -€1,995 | -24.7% |
| Plant, machinery and equipment | 23 | €2,160 | €2,222 | +€62 | +2.9% |
| Furniture and vehicles | 24 | €5,907 | €3,850 | -€2,057 | -34.8% |
| Current assets | 29/58 | €22,986 | €58,243 | +€35,258 | +153% |
| Amounts receivable within one year | 40/41 | €11,330 | €15,394 | +€4,064 | +35.9% |
| Trade receivables | 40 | €10,890 | €13,340 | +€2,450 | +22.5% |
| Other amounts receivable | 41 | €440 | €2,054 | +€1,614 | +367% |
| Cash at bank and in hand | 54/58 | €11,001 | €42,194 | +€31,193 | +284% |
| Deferred charges and accrued income | 490/1 | €656 | €656 | = | 0.0% |
| Total equity and liabilities | 10/49 | €31,054 | €64,316 | +€33,262 | +107% |
| Equity | 10/15 | €16,843 | €48,318 | +€31,474 | +187% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,343 | €45,818 | +€31,474 | +219% |
| Distributable reserves | 133 | €14,343 | €45,818 | +€31,474 | +219% |
| Amounts payable | 17/49 | €14,210 | €15,998 | +€1,788 | +12.6% |
| Amounts payable after more than one year | 17 | €3,828 | €1,774 | -€2,054 | -53.7% |
| Financial debts | 170/4 | €3,828 | €1,774 | -€2,054 | -53.7% |
| Amounts payable within one year | 42/48 | €10,383 | €14,224 | +€3,842 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €1,976 | €2,054 | +€78 | +4.0% |
| Financial debts | 43 | €18 | - | -€18 | |
| Credit institutions | 430/8 | €18 | - | -€18 | |
| Trade debts | 44 | €886 | €2,014 | +€1,128 | +127% |
| Suppliers | 440/4 | €886 | €2,014 | +€1,128 | +127% |
| Taxes, remuneration and social security | 45 | €5,250 | €10,157 | +€4,907 | +93.5% |
| Taxes | 450/3 | €5,250 | €10,157 | +€4,907 | +93.5% |
| Other amounts payable | 47/48 | €2,253 | - | -€2,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €2,729 | +€2,425 | +796% |
| Other operating charges | 640/8 | €50 | €120 | +€70 | +140% |
| Gross operating margin | 9900 | €19,184 | €45,327 | +€26,143 | +136% |
| Operating profit (loss) | 9901 | €18,829 | €42,478 | +€23,649 | +126% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €719 | €2,599 | +€1,880 | +262% |
| Recurring financial charges | 65 | €719 | €2,599 | +€1,880 | +262% |
| Profit (loss) for the period before taxes | 9903 | €18,110 | €39,886 | +€21,776 | +120% |
| Income taxes | 67/77 | €3,767 | €8,412 | +€4,645 | +123% |
| Profit (loss) for the period | 9904 | €14,343 | €31,474 | +€17,131 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €14,343 | €31,474 | +€17,131 | +119% |
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 15 October 2026 via checked.be.