BB SJIEK: 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.
BB SJIEK
Largest movements
- Stocks and contracts +€41,038
up €41,038 (+16.2%), from €252,895 to €293,933
- Receivables within one year +€16,873
up €16,873 (+83.9%), from €20,103 to €36,976
of which Trade receivables: +€16,873
- Tangible fixed assets -€16,866
down €16,866 (-2.3%), from €749,128 to €732,262
of which Land and buildings: -€17,212
- Debts after one year -€49,125
down €49,125 (-7.7%), from €636,542 to €587,417
of which Financial debts: -€43,438
- Reserves +€41,459
up €41,459 (+53.7%), from €77,167 to €118,626
- Advances received +€33,170
up €33,170 (+182%), from €18,192 to €51,361
- Short-term financial debts +€15,834
up €15,834 (+14.4%), from €109,994 to €125,828
of which Credit institutions: +€20,260
- Gross operating margin +€28,844
up €28,844 (+21.4%), from €135,033 to €163,878
- Financial charges -€9,664
down €9,664 (-16.1%), from €60,144 to €50,480
- Taxes +€5,845
up €5,845 (+3,351%), from €174 to €6,019
- Staff costs +€2,027
up €2,027 (+4.5%), from €45,370 to €47,396
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 | €1,041,542 | €1,092,440 | +€50,898 | +4.9% |
| Fixed assets | 21/28 | €749,853 | €735,547 | -€14,306 | -1.9% |
| Intangible fixed assets | 21 | - | €2,560 | +€2,560 | |
| Tangible fixed assets | 22/27 | €749,128 | €732,262 | -€16,866 | -2.3% |
| Land and buildings | 22 | €741,492 | €724,281 | -€17,212 | -2.3% |
| Plant, machinery and equipment | 23 | €1,504 | €590 | -€914 | -60.8% |
| Furniture and vehicles | 24 | €2,559 | €4,739 | +€2,181 | +85.2% |
| Other tangible fixed assets | 26 | €3,573 | €2,653 | -€920 | -25.8% |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €291,689 | €356,893 | +€65,204 | +22.4% |
| Stocks and contracts in progress | 3 | €252,895 | €293,933 | +€41,038 | +16.2% |
| Stocks | 30/36 | €252,895 | €293,933 | +€41,038 | +16.2% |
| Amounts receivable within one year | 40/41 | €20,103 | €36,976 | +€16,873 | +83.9% |
| Trade receivables | 40 | €19,063 | €35,936 | +€16,873 | +88.5% |
| Other amounts receivable | 41 | €1,041 | €1,041 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,737 | €24,293 | +€6,556 | +37.0% |
| Deferred charges and accrued income | 490/1 | €954 | €1,690 | +€736 | +77.2% |
| Total equity and liabilities | 10/49 | €1,041,542 | €1,092,440 | +€50,898 | +4.9% |
| Equity | 10/15 | €95,717 | €137,176 | +€41,459 | +43.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €77,167 | €118,626 | +€41,459 | +53.7% |
| Distributable reserves | 133 | €77,167 | €118,626 | +€41,459 | +53.7% |
| Amounts payable | 17/49 | €945,825 | €955,264 | +€9,439 | +1.0% |
| Amounts payable after more than one year | 17 | €636,542 | €587,417 | -€49,125 | -7.7% |
| Financial debts | 170/4 | €574,756 | €531,317 | -€43,438 | -7.6% |
| Other amounts payable | 178/9 | €61,787 | €56,100 | -€5,687 | -9.2% |
| Amounts payable within one year | 42/48 | €308,737 | €366,955 | +€58,218 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €44,932 | €46,432 | +€1,501 | +3.3% |
| Financial debts | 43 | €109,994 | €125,828 | +€15,834 | +14.4% |
| Credit institutions | 430/8 | €90,677 | €110,937 | +€20,260 | +22.3% |
| Other loans | 439 | €19,317 | €14,890 | -€4,426 | -22.9% |
| Trade debts | 44 | €81,143 | €85,856 | +€4,712 | +5.8% |
| Suppliers | 440/4 | €81,143 | €85,856 | +€4,712 | +5.8% |
| Advances received on contracts in progress | 46 | €18,192 | €51,361 | +€33,170 | +182% |
| Taxes, remuneration and social security | 45 | €36,213 | €44,066 | +€7,853 | +21.7% |
| Taxes | 450/3 | €26,318 | €32,882 | +€6,564 | +24.9% |
| Remuneration and social security | 454/9 | €9,895 | €11,184 | +€1,289 | +13.0% |
| Other amounts payable | 47/48 | €18,263 | €13,412 | -€4,851 | -26.6% |
| Accrued charges and deferred income | 492/3 | €546 | €892 | +€346 | +63.5% |
| Non-recurring operating income | 76A | €75 | €0 | -€75 | -100% |
| Remuneration, social security and pensions | 62 | €45,370 | €47,396 | +€2,027 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,582 | €20,099 | +€517 | +2.6% |
| Other operating charges | 640/8 | €4,143 | €3,003 | -€1,140 | -27.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €135,033 | €163,878 | +€28,844 | +21.4% |
| Operating profit (loss) | 9901 | €65,939 | €93,379 | +€27,441 | +41.6% |
| Financial income | 75/76B | €5,063 | €4,579 | -€484 | -9.6% |
| Recurring financial income | 75 | €5,063 | €4,579 | -€484 | -9.6% |
| Financial charges | 65/66B | €60,144 | €50,480 | -€9,664 | -16.1% |
| Recurring financial charges | 65 | €60,144 | €50,480 | -€9,664 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €10,858 | €47,478 | +€36,620 | +337% |
| Income taxes | 67/77 | €174 | €6,019 | +€5,845 | +3,351% |
| Profit (loss) for the period | 9904 | €10,684 | €41,459 | +€30,776 | +288% |
| Profit (loss) for the period to be appropriated | 9905 | €10,684 | €41,459 | +€30,776 | +288% |
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 22 October 2026 via checked.be.