JWT TRANSPORT: 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.
JWT TRANSPORT
Largest movements
- Tangible fixed assets +€133,479
up €133,479 (+580%), from €23,003 to €156,482
of which Leasing and similar rights: +€136,835
- Cash +€58,059
up €58,059 (+127%), from €45,605 to €103,664
mainly Debts after one year (+€97,755) and Net result for the year (+€50,136)
- Receivables within one year -€7,572
down €7,572 (-18.5%), from €41,037 to €33,464
- Debts after one year +€97,755
up €97,755 (+1,784%), from €5,481 to €103,236
- Reserves +€34,036
up €34,036 (+60.8%), from €55,960 to €89,996
of which Tax-exempt reserves: +€23,950
- Other debts +€21,847
up €21,847 (+234%), from €9,327 to €31,174
- Current portion of long-term debt +€17,646
up €17,646 (+157%), from €11,221 to €28,867
- Provisions +€5,987
new in 2025: €5,987
- Gross operating margin +€49,811
up €49,811 (+75.2%), from €66,203 to €116,014
- Financial charges +€5,802
up €5,802 (+347%), from €1,671 to €7,473
- Other operating charges +€2,177
up €2,177 (+21.0%), from €10,353 to €12,529
- Purchases and services -€1,752
down €1,752 (-1.1%), from €159,234 to €157,482
- Depreciation -€1,260
down €1,260 (-3.8%), from €33,216 to €31,956
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 | €110,607 | €295,212 | +€184,605 | +167% |
| Fixed assets | 21/28 | €23,378 | €156,857 | +€133,479 | +571% |
| Tangible fixed assets | 22/27 | €23,003 | €156,482 | +€133,479 | +580% |
| Land and buildings | 22 | €3,368 | €2,937 | -€431 | -12.8% |
| Plant, machinery and equipment | 23 | €595 | €347 | -€247 | -41.6% |
| Furniture and vehicles | 24 | €7,783 | €2,570 | -€5,213 | -67.0% |
| Leasing and similar rights | 25 | €11,258 | €148,092 | +€136,835 | +1,215% |
| Other tangible fixed assets | 26 | - | €2,535 | +€2,535 | |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €87,229 | €138,355 | +€51,126 | +58.6% |
| Amounts receivable within one year | 40/41 | €41,037 | €33,464 | -€7,572 | -18.5% |
| Trade receivables | 40 | €41,037 | €33,464 | -€7,572 | -18.5% |
| Cash at bank and in hand | 54/58 | €45,605 | €103,664 | +€58,059 | +127% |
| Deferred charges and accrued income | 490/1 | €587 | €1,226 | +€639 | +109% |
| Total equity and liabilities | 10/49 | €110,607 | €295,212 | +€184,605 | +167% |
| Equity | 10/15 | €74,717 | €108,753 | +€34,036 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,960 | €89,996 | +€34,036 | +60.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €23,950 | +€23,950 | |
| Distributable reserves | 133 | €54,100 | €64,187 | +€10,087 | +18.6% |
| Profit (loss) carried forward | 14 | €157 | €157 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €5,987 | +€5,987 | |
| Deferred taxes | 168 | - | €5,987 | +€5,987 | |
| Amounts payable | 17/49 | €35,890 | €180,472 | +€144,582 | +403% |
| Amounts payable after more than one year | 17 | €5,481 | €103,236 | +€97,755 | +1,784% |
| Financial debts | 170/4 | €5,481 | €103,236 | +€97,755 | +1,784% |
| Amounts payable within one year | 42/48 | €30,409 | €77,236 | +€46,827 | +154% |
| Current portion of amounts payable after more than one year | 42 | €11,221 | €28,867 | +€17,646 | +157% |
| Trade debts | 44 | €812 | €2,756 | +€1,943 | +239% |
| Suppliers | 440/4 | €812 | €2,756 | +€1,943 | +239% |
| Taxes, remuneration and social security | 45 | €9,048 | €14,439 | +€5,391 | +59.6% |
| Taxes | 450/3 | €9,048 | €14,439 | +€5,391 | +59.6% |
| Other amounts payable | 47/48 | €9,327 | €31,174 | +€21,847 | +234% |
| Non-recurring operating income | 76A | - | €31,052 | +€31,052 | |
| Goods, raw materials, services and sundry goods | 60/61 | €159,234 | €157,482 | -€1,752 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,216 | €31,956 | -€1,260 | -3.8% |
| Other operating charges | 640/8 | €10,353 | €12,529 | +€2,177 | +21.0% |
| Gross operating margin | 9900 | €66,203 | €116,014 | +€49,811 | +75.2% |
| Operating profit (loss) | 9901 | €22,634 | €71,529 | +€48,894 | +216% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,671 | €7,473 | +€5,802 | +347% |
| Recurring financial charges | 65 | €1,671 | €7,473 | +€5,802 | +347% |
| Profit (loss) for the period before taxes | 9903 | €20,963 | €64,056 | +€43,092 | +206% |
| Transfer from deferred taxes | 780 | - | €1,013 | +€1,013 | |
| Transfer to deferred taxes | 680 | - | €7,000 | +€7,000 | |
| Income taxes | 67/77 | €7,745 | €7,933 | +€187 | +2.4% |
| Profit (loss) for the period | 9904 | €13,218 | €50,136 | +€36,918 | +279% |
| Transfer from tax-exempt reserves | 789 | - | €4,050 | +€4,050 | |
| Transfer to tax-exempt reserves | 689 | - | €28,000 | +€28,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,218 | €26,186 | +€12,968 | +98.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.