WJ-Solutions: what changed
What changed
WJ-Solutions
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€30,954
2023 · €6,841+€24,114
Equity
€68,655
2023 · €37,701+€30,954
Cash
€8,204
2023 · €21,859-€13,655
Balance sheet total
€133,063
2023 · €185,019-€51,956
Largest movements
Assets
- Receivables within one year -€34,977
down €34,977 (-23.5%), from €148,714 to €113,737
of which Trade receivables: -€33,597
- Cash -€13,655
down €13,655 (-62.5%), from €21,859 to €8,204
mainly Trade debts (-€81,129) and Advances received (-€1,814)
- Tangible fixed assets -€3,324
down €3,324 (-23.0%), from €14,437 to €11,114
Equity and liabilities
- Trade debts -€81,129
down €81,129 (-63.3%), from €128,235 to €47,106
- Reserves +€30,954
up €30,954 (+85.5%), from €36,201 to €67,155
Income statement
- Gross operating margin +€34,244
up €34,244 (+17.7%), from €193,166 to €227,410
- Taxes +€10,446
up €10,446 (+437%), from €2,392 to €12,839
- Depreciation -€3,012
down €3,012 (-47.5%), from €6,336 to €3,324
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€6,841
Gross operating margin
+€34,244
Staff costs
-€1,878
Depreciation
+€3,012
Other operating charges
-€1,106
Financial income
-€408
Financial charges
+€696
Taxes
-€10,446
Result 2024
€30,954
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€11,711
Investment
€0
Financing
-€1,944
Cash 2023
€21,859
From operations (derived)
-€11,711
Net result for the year
+€30,954
Depreciation
+€3,324
Receivables within one year
+€34,977
Trade debts
-€81,129
Tax, wage and social debts
+€836
Advances received
-€1,814
Other debts
+€432
Accrued charges and deferred income
+€708
Financing
-€1,944
Debts after one year
-€988
Current portion of long-term debt
-€988
Short-term financial debts
+€31
Cash 2024
€8,204
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,019 | €133,063 | -€51,956 | -28.1% |
| Fixed assets | 21/28 | €14,445 | €11,121 | -€3,324 | -23.0% |
| Tangible fixed assets | 22/27 | €14,437 | €11,114 | -€3,324 | -23.0% |
| Land and buildings | 22 | €11,814 | €10,359 | -€1,455 | -12.3% |
| Plant, machinery and equipment | 23 | €1,068 | €619 | -€449 | -42.1% |
| Furniture and vehicles | 24 | €1,556 | €136 | -€1,420 | -91.3% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €170,574 | €121,941 | -€48,633 | -28.5% |
| Amounts receivable within one year | 40/41 | €148,714 | €113,737 | -€34,977 | -23.5% |
| Trade receivables | 40 | €135,099 | €101,502 | -€33,597 | -24.9% |
| Other amounts receivable | 41 | €13,616 | €12,235 | -€1,381 | -10.1% |
| Cash at bank and in hand | 54/58 | €21,859 | €8,204 | -€13,655 | -62.5% |
| Total equity and liabilities | 10/49 | €185,019 | €133,063 | -€51,956 | -28.1% |
| Equity | 10/15 | €37,701 | €68,655 | +€30,954 | +82.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €36,201 | €67,155 | +€30,954 | +85.5% |
| Distributable reserves | 133 | €36,201 | €67,155 | +€30,954 | +85.5% |
| Amounts payable | 17/49 | €147,318 | €64,407 | -€82,911 | -56.3% |
| Amounts payable after more than one year | 17 | €988 | - | -€988 | |
| Financial debts | 170/4 | €988 | - | -€988 | |
| Amounts payable within one year | 42/48 | €146,330 | €63,699 | -€82,631 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | €1,975 | €988 | -€988 | -50.0% |
| Financial debts | 43 | - | €31 | +€31 | |
| Credit institutions | 430/8 | - | €31 | +€31 | |
| Trade debts | 44 | €128,235 | €47,106 | -€81,129 | -63.3% |
| Suppliers | 440/4 | €128,235 | €47,106 | -€81,129 | -63.3% |
| Advances received on contracts in progress | 46 | €1,814 | - | -€1,814 | |
| Taxes, remuneration and social security | 45 | €14,306 | €15,142 | +€836 | +5.8% |
| Taxes | 450/3 | €13,105 | €15,142 | +€2,037 | +15.5% |
| Remuneration and social security | 454/9 | €1,201 | - | -€1,201 | |
| Other amounts payable | 47/48 | - | €432 | +€432 | |
| Accrued charges and deferred income | 492/3 | - | €708 | +€708 | |
| Remuneration, social security and pensions | 62 | €166,905 | €168,783 | +€1,878 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,336 | €3,324 | -€3,012 | -47.5% |
| Other operating charges | 640/8 | €4,248 | €5,355 | +€1,106 | +26.0% |
| Gross operating margin | 9900 | €193,166 | €227,410 | +€34,244 | +17.7% |
| Operating profit (loss) | 9901 | €15,677 | €49,949 | +€34,272 | +219% |
| Financial income | 75/76B | €730 | €323 | -€408 | -55.8% |
| Recurring financial income | 75 | €730 | €323 | -€408 | -55.8% |
| Financial charges | 65/66B | €7,174 | €6,478 | -€696 | -9.7% |
| Recurring financial charges | 65 | €1,231 | €6,478 | +€5,247 | +426% |
| Non-recurring financial charges | 66B | €5,943 | - | -€5,943 | |
| Profit (loss) for the period before taxes | 9903 | €9,233 | €43,793 | +€34,560 | +374% |
| Income taxes | 67/77 | €2,392 | €12,839 | +€10,446 | +437% |
| Profit (loss) for the period | 9904 | €6,841 | €30,954 | +€24,114 | +352% |
| Profit (loss) for the period to be appropriated | 9905 | €6,841 | €30,954 | +€24,114 | +352% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.