B.J. TRADING: 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. TRADING
Largest movements
- Cash -€214,694
down €214,694 (-18.6%), from €1.2m to €942,634
mainly Contributions, distributions and other (-€326,000) and Trade debts (-€195,364)
- Financial fixed assets -€99,622
down €99,622 (-96.6%), from €103,161 to €3,539
- Receivables within one year +€45,442
up €45,442 (+22.9%), from €198,097 to €243,539
of which Other amounts receivable: +€66,933
- Tangible fixed assets -€38,247
down €38,247 (-30.0%), from €127,596 to €89,349
of which Furniture and vehicles: -€31,484
- Trade debts -€195,364
down €195,364 (-44.2%), from €442,352 to €246,988
- Tax, wage and social debts -€60,971
down €60,971 (-30.2%), from €201,591 to €140,620
- Debts after one year -€17,070
down €17,070 (-53.6%), from €31,833 to €14,763
- Gross operating margin -€62,652
down €62,652 (-10.0%), from €629,138 to €566,486
- Financial income -€43,113
down €43,113 (-97.7%), from €44,110 to €997
of which Non-recurring financial income: -€38,000
- Taxes -€22,013
down €22,013 (-16.3%), from €134,833 to €112,820
- Depreciation -€15,385
down €15,385 (-26.1%), from €58,931 to €43,546
- Financial charges -€8,303
down €8,303 (-10.1%), from €82,340 to €74,037
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 | €1,613,747 | €1,323,475 | -€290,272 | -18.0% |
| Fixed assets | 21/28 | €246,477 | €104,654 | -€141,823 | -57.5% |
| Intangible fixed assets | 21 | €15,720 | €11,766 | -€3,954 | -25.1% |
| Tangible fixed assets | 22/27 | €127,596 | €89,349 | -€38,247 | -30.0% |
| Furniture and vehicles | 24 | €105,190 | €73,707 | -€31,484 | -29.9% |
| Other tangible fixed assets | 26 | €22,406 | €15,642 | -€6,764 | -30.2% |
| Financial fixed assets | 28 | €103,161 | €3,539 | -€99,622 | -96.6% |
| Current assets | 29/58 | €1,367,270 | €1,218,821 | -€148,449 | -10.9% |
| Stocks and contracts in progress | 3 | €3,772 | €14,971 | +€11,199 | +297% |
| Stocks | 30/36 | €3,772 | €14,971 | +€11,199 | +297% |
| Amounts receivable within one year | 40/41 | €198,097 | €243,539 | +€45,442 | +22.9% |
| Trade receivables | 40 | €172,013 | €150,522 | -€21,491 | -12.5% |
| Other amounts receivable | 41 | €26,084 | €93,017 | +€66,933 | +257% |
| Cash at bank and in hand | 54/58 | €1,157,328 | €942,634 | -€214,694 | -18.6% |
| Deferred charges and accrued income | 490/1 | €8,073 | €17,678 | +€9,605 | +119% |
| Total equity and liabilities | 10/49 | €1,613,747 | €1,323,475 | -€290,272 | -18.0% |
| Equity | 10/15 | €880,024 | €880,337 | +€313 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €861,424 | €861,737 | +€313 | 0.0% |
| Distributable reserves | 133 | €861,424 | €861,737 | +€313 | 0.0% |
| Amounts payable | 17/49 | €733,723 | €443,139 | -€290,584 | -39.6% |
| Amounts payable after more than one year | 17 | €31,833 | €14,763 | -€17,070 | -53.6% |
| Financial debts | 170/4 | €31,833 | €14,763 | -€17,070 | -53.6% |
| Amounts payable within one year | 42/48 | €700,118 | €428,375 | -€271,743 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €51,241 | €40,767 | -€10,474 | -20.4% |
| Trade debts | 44 | €442,352 | €246,988 | -€195,364 | -44.2% |
| Suppliers | 440/4 | €442,352 | €246,988 | -€195,364 | -44.2% |
| Taxes, remuneration and social security | 45 | €201,591 | €140,620 | -€60,971 | -30.2% |
| Taxes | 450/3 | €201,591 | €140,620 | -€60,971 | -30.2% |
| Other amounts payable | 47/48 | €4,934 | - | -€4,934 | |
| Accrued charges and deferred income | 492/3 | €1,772 | - | -€1,772 | |
| Non-recurring operating income | 76A | €3,191 | €39 | -€3,152 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,931 | €43,546 | -€15,385 | -26.1% |
| Other operating charges | 640/8 | €7,949 | €2,894 | -€5,055 | -63.6% |
| Non-recurring operating charges | 66A | €6 | €7,872 | +€7,866 | +131,100% |
| Gross operating margin | 9900 | €629,138 | €566,486 | -€62,652 | -10.0% |
| Operating profit (loss) | 9901 | €562,252 | €512,173 | -€50,079 | -8.9% |
| Financial income | 75/76B | €44,110 | €997 | -€43,113 | -97.7% |
| Recurring financial income | 75 | €6,110 | €997 | -€5,113 | -83.7% |
| Non-recurring financial income | 76B | €38,000 | - | -€38,000 | |
| Financial charges | 65/66B | €82,340 | €74,037 | -€8,303 | -10.1% |
| Recurring financial charges | 65 | €82,340 | €74,037 | -€8,303 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €524,022 | €439,133 | -€84,889 | -16.2% |
| Income taxes | 67/77 | €134,833 | €112,820 | -€22,013 | -16.3% |
| Profit (loss) for the period | 9904 | €389,189 | €326,313 | -€62,876 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €389,189 | €326,313 | -€62,876 | -16.2% |
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 23 October 2026 via checked.be.