AJ bâtiment: 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.
AJ bâtiment
Largest movements
- Cash +€34,187
up €34,187 (+21.7%), from €157,369 to €191,556
mainly Net result for the year (+€27,118) and Depreciation (+€25,469)
- Tangible fixed assets -€13,894
down €13,894 (-21.8%), from €63,623 to €49,729
of which Leasing and similar rights: -€11,125
- Profit (loss) carried forward +€27,118
up €27,118 (+34.3%), from €79,062 to €106,180
- Debts after one year -€11,583
down €11,583 (-33.2%), from €34,932 to €23,350
- Tax, wage and social debts +€9,706
up €9,706 (+27.0%), from €35,985 to €45,691
of which Taxes: +€10,793
- Other debts -€3,794
down €3,794 (-13.7%), from €27,737 to €23,943
- Staff costs -€11,062
down €11,062 (-22.8%), from €48,497 to €37,435
- Gross operating margin -€9,780
down €9,780 (-8.2%), from €119,292 to €109,511
- Other operating charges -€2,701
down €2,701 (-74.7%), from €3,618 to €917
- Taxes +€2,293
up €2,293 (+27.0%), from €8,499 to €10,793
- Financial charges +€2,184
up €2,184 (+49.4%), from €4,422 to €6,607
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 | €248,727 | €267,464 | +€18,737 | +7.5% |
| Fixed assets | 21/28 | €63,623 | €49,729 | -€13,894 | -21.8% |
| Tangible fixed assets | 22/27 | €63,623 | €49,729 | -€13,894 | -21.8% |
| Plant, machinery and equipment | 23 | €8,928 | €8,319 | -€609 | -6.8% |
| Furniture and vehicles | 24 | €21,320 | €19,160 | -€2,160 | -10.1% |
| Leasing and similar rights | 25 | €33,375 | €22,250 | -€11,125 | -33.3% |
| Current assets | 29/58 | €185,104 | €217,734 | +€32,631 | +17.6% |
| Amounts receivable within one year | 40/41 | €27,660 | €26,178 | -€1,482 | -5.4% |
| Trade receivables | 40 | €18,867 | €14,145 | -€4,721 | -25.0% |
| Other amounts receivable | 41 | €8,793 | €12,033 | +€3,240 | +36.8% |
| Cash at bank and in hand | 54/58 | €157,369 | €191,556 | +€34,187 | +21.7% |
| Deferred charges and accrued income | 490/1 | €75 | - | -€75 | |
| Total equity and liabilities | 10/49 | €248,727 | €267,464 | +€18,737 | +7.5% |
| Equity | 10/15 | €89,062 | €116,180 | +€27,118 | +30.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,062 | €106,180 | +€27,118 | +34.3% |
| Amounts payable | 17/49 | €159,665 | €151,284 | -€8,381 | -5.2% |
| Amounts payable after more than one year | 17 | €34,932 | €23,350 | -€11,583 | -33.2% |
| Financial debts | 170/4 | €34,932 | €23,350 | -€11,583 | -33.2% |
| Amounts payable within one year | 42/48 | €124,733 | €127,934 | +€3,201 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €12,368 | €11,585 | -€783 | -6.3% |
| Trade debts | 44 | €48,643 | €46,715 | -€1,928 | -4.0% |
| Suppliers | 440/4 | €42,815 | €39,560 | -€3,256 | -7.6% |
| Bills of exchange payable | 441 | €5,828 | €7,155 | +€1,328 | +22.8% |
| Taxes, remuneration and social security | 45 | €35,985 | €45,691 | +€9,706 | +27.0% |
| Taxes | 450/3 | €18,382 | €29,175 | +€10,793 | +58.7% |
| Remuneration and social security | 454/9 | €17,602 | €16,516 | -€1,087 | -6.2% |
| Other amounts payable | 47/48 | €27,737 | €23,943 | -€3,794 | -13.7% |
| Remuneration, social security and pensions | 62 | €48,497 | €37,435 | -€11,062 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,525 | €25,469 | -€56 | -0.2% |
| Other operating charges | 640/8 | €3,618 | €917 | -€2,701 | -74.7% |
| Non-recurring operating charges | 66A | €318 | €1,464 | +€1,145 | +359.8% |
| Gross operating margin | 9900 | €119,292 | €109,511 | -€9,780 | -8.2% |
| Operating profit (loss) | 9901 | €41,333 | €44,227 | +€2,894 | +7.0% |
| Financial income | 75/76B | €694 | €291 | -€404 | -58.2% |
| Recurring financial income | 75 | €694 | €291 | -€404 | -58.2% |
| Financial charges | 65/66B | €4,422 | €6,607 | +€2,184 | +49.4% |
| Recurring financial charges | 65 | €4,422 | €6,607 | +€2,184 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €37,605 | €37,911 | +€306 | +0.8% |
| Income taxes | 67/77 | €8,499 | €10,793 | +€2,293 | +27.0% |
| Profit (loss) for the period | 9904 | €29,105 | €27,118 | -€1,987 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,105 | €27,118 | -€1,987 | -6.8% |
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 8 October 2026 via checked.be.