B.J.K.: 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.
B.J.K.
Largest movements
- Tangible fixed assets -€22,165
down €22,165 (-27.4%), from €80,925 to €58,761
of which Furniture and vehicles: -€16,272
- Current investments +€20,218
up €20,218 (+10.1%), from €200,012 to €220,230
- Receivables within one year -€7,227
down €7,227 (-16.2%), from €44,566 to €37,339
of which Trade receivables: -€12,555
- Cash +€7,161
up €7,161 (+54.9%), from €13,043 to €20,204
mainly Depreciation (+€29,018) and Trade debts (+€9,313)
- Provisions -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Trade debts +€9,313
up €9,313 (+199%), from €4,683 to €13,996
- Current portion of long-term debt -€8,081
down €8,081 (-62.6%), from €12,909 to €4,828
- Reserves +€6,889
up €6,889 (+2.8%), from €246,735 to €253,624
- Debts after one year -€3,984
down €3,984 (-15.6%), from €25,514 to €21,530
- Depreciation -€4,172
down €4,172 (-12.6%), from €33,190 to €29,018
- Taxes +€2,122
up €2,122 (+165%), from €1,290 to €3,412
- Gross operating margin +€1,552
up €1,552 (+4.0%), from €38,566 to €40,118
- Financial charges -€498
down €498 (-21.9%), from €2,279 to €1,781
- Financial income +€408
up €408 (+14.0%), from €2,912 to €3,320
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 | €367,964 | €362,984 | -€4,980 | -1.4% |
| Fixed assets | 21/28 | €81,207 | €59,042 | -€22,165 | -27.3% |
| Tangible fixed assets | 22/27 | €80,925 | €58,761 | -€22,165 | -27.4% |
| Land and buildings | 22 | €20,528 | €16,773 | -€3,755 | -18.3% |
| Plant, machinery and equipment | 23 | €21,703 | €19,703 | -€1,999 | -9.2% |
| Furniture and vehicles | 24 | €38,139 | €21,867 | -€16,272 | -42.7% |
| Other tangible fixed assets | 26 | €556 | €417 | -€139 | -25.0% |
| Financial fixed assets | 28 | €282 | €282 | = | 0.0% |
| Current assets | 29/58 | €286,757 | €303,942 | +€17,185 | +6.0% |
| Stocks and contracts in progress | 3 | €24,708 | €21,369 | -€3,339 | -13.5% |
| Stocks | 30/36 | €7,500 | €7,500 | = | 0.0% |
| Contracts in progress | 37 | €17,208 | €13,869 | -€3,339 | -19.4% |
| Amounts receivable within one year | 40/41 | €44,566 | €37,339 | -€7,227 | -16.2% |
| Trade receivables | 40 | €31,498 | €18,943 | -€12,555 | -39.9% |
| Other amounts receivable | 41 | €13,067 | €18,395 | +€5,328 | +40.8% |
| Current investments | 50/53 | €200,012 | €220,230 | +€20,218 | +10.1% |
| Cash at bank and in hand | 54/58 | €13,043 | €20,204 | +€7,161 | +54.9% |
| Deferred charges and accrued income | 490/1 | €4,428 | €4,800 | +€372 | +8.4% |
| Total equity and liabilities | 10/49 | €367,964 | €362,984 | -€4,980 | -1.4% |
| Equity | 10/15 | €265,327 | €272,216 | +€6,889 | +2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €246,735 | €253,624 | +€6,889 | +2.8% |
| Distributable reserves | 133 | €246,735 | €253,624 | +€6,889 | +2.8% |
| Provisions and deferred taxes | 16 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Pensions and similar obligations | 160 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Amounts payable | 17/49 | €82,637 | €80,768 | -€1,869 | -2.3% |
| Amounts payable after more than one year | 17 | €25,514 | €21,530 | -€3,984 | -15.6% |
| Financial debts | 170/4 | €25,514 | €21,530 | -€3,984 | -15.6% |
| Amounts payable within one year | 42/48 | €57,123 | €59,238 | +€2,115 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €12,909 | €4,828 | -€8,081 | -62.6% |
| Trade debts | 44 | €4,683 | €13,996 | +€9,313 | +199% |
| Suppliers | 440/4 | €4,683 | €13,996 | +€9,313 | +199% |
| Taxes, remuneration and social security | 45 | €250 | €105 | -€145 | -58.1% |
| Taxes | 450/3 | €250 | €105 | -€145 | -58.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,281 | €40,310 | +€1,029 | +2.6% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,190 | €29,018 | -€4,172 | -12.6% |
| Other operating charges | 640/8 | €2,609 | €2,339 | -€270 | -10.4% |
| Gross operating margin | 9900 | €38,566 | €40,118 | +€1,552 | +4.0% |
| Operating profit (loss) | 9901 | €2,767 | €8,762 | +€5,994 | +217% |
| Financial income | 75/76B | €2,912 | €3,320 | +€408 | +14.0% |
| Recurring financial income | 75 | €2,912 | €3,320 | +€408 | +14.0% |
| Financial charges | 65/66B | €2,279 | €1,781 | -€498 | -21.9% |
| Recurring financial charges | 65 | €2,279 | €1,781 | -€498 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €3,400 | €10,301 | +€6,900 | +203% |
| Income taxes | 67/77 | €1,290 | €3,412 | +€2,122 | +165% |
| Profit (loss) for the period | 9904 | €2,111 | €6,889 | +€4,778 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €2,111 | €6,889 | +€4,778 | +226% |
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 27 October 2026 via checked.be.