B.J. PELLETS: 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.
B.J. PELLETS
Largest movements
- Receivables within one year +€16,375
up €16,375 (+49.1%), from €33,336 to €49,712
- Cash -€6,493
down €6,493 (-70.9%), from €9,154 to €2,661
mainly Net result for the year (-€21,806) and Receivables within one year (-€16,375)
- Stocks and contracts +€6,141
up €6,141 (+64.0%), from €9,591 to €15,732
- Tax, wage and social debts +€43,725
up €43,725 (+144.1%), from €30,336 to €74,060
of which Remuneration and social security: +€39,669
- Profit (loss) carried forward -€21,806
down €21,806 (-12.9%), from -€169,554 to -€191,360
- Trade debts -€5,153
down €5,153 (-6.7%), from €77,214 to €72,061
- Gross operating margin +€17,750
up €17,750 (+66.8%), from €26,573 to €44,323
- Staff costs +€7,431
up €7,431 (+13.8%), from €53,705 to €61,136
- Financial charges +€2,176
up €2,176 (+60.1%), from €3,624 to €5,800
- Financial income +€1,262
up €1,262 (+2924.0%), from €43 to €1,305
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 | €59,482 | €75,732 | +€16,250 | +27.3% |
| Fixed assets | 21/28 | €4,400 | €4,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,000 | €2,000 | = | 0.0% |
| Furniture and vehicles | 24 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €55,082 | €71,332 | +€16,250 | +29.5% |
| Stocks and contracts in progress | 3 | €9,591 | €15,732 | +€6,141 | +64.0% |
| Stocks | 30/36 | €9,591 | €15,732 | +€6,141 | +64.0% |
| Amounts receivable within one year | 40/41 | €33,336 | €49,712 | +€16,375 | +49.1% |
| Trade receivables | 40 | €33,336 | €49,712 | +€16,375 | +49.1% |
| Cash at bank and in hand | 54/58 | €9,154 | €2,661 | -€6,493 | -70.9% |
| Deferred charges and accrued income | 490/1 | €3,000 | €3,227 | +€228 | +7.6% |
| Total equity and liabilities | 10/49 | €59,482 | €75,732 | +€16,250 | +27.3% |
| Equity | 10/15 | -€150,962 | -€172,768 | -€21,806 | -14.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,554 | -€191,360 | -€21,806 | -12.9% |
| Amounts payable | 17/49 | €210,444 | €248,501 | +€38,056 | +18.1% |
| Amounts payable within one year | 42/48 | €210,444 | €248,501 | +€38,056 | +18.1% |
| Trade debts | 44 | €77,214 | €72,061 | -€5,153 | -6.7% |
| Suppliers | 440/4 | €77,214 | €72,061 | -€5,153 | -6.7% |
| Taxes, remuneration and social security | 45 | €30,336 | €74,060 | +€43,725 | +144.1% |
| Taxes | 450/3 | €20,352 | €24,408 | +€4,056 | +19.9% |
| Remuneration and social security | 454/9 | €9,984 | €49,652 | +€39,669 | +397.3% |
| Other amounts payable | 47/48 | €102,894 | €102,379 | -€515 | -0.5% |
| Remuneration, social security and pensions | 62 | €53,705 | €61,136 | +€7,431 | +13.8% |
| Other operating charges | 640/8 | €892 | €499 | -€393 | -44.1% |
| Gross operating margin | 9900 | €26,573 | €44,323 | +€17,750 | +66.8% |
| Operating profit (loss) | 9901 | -€28,024 | -€17,312 | +€10,712 | +38.2% |
| Financial income | 75/76B | €43 | €1,305 | +€1,262 | +2924.0% |
| Recurring financial income | 75 | €43 | €1,305 | +€1,262 | +2924.0% |
| Financial charges | 65/66B | €3,624 | €5,800 | +€2,176 | +60.1% |
| Recurring financial charges | 65 | €3,624 | €5,800 | +€2,176 | +60.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,604 | -€21,806 | +€9,798 | +31.0% |
| Profit (loss) for the period | 9904 | -€31,604 | -€21,806 | +€9,798 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,604 | -€21,806 | +€9,798 | +31.0% |
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 5 October 2026 via checked.be.