BCJ: 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.
What changed
BCJ
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,574
2024 · €39,411-€51,986
Equity
€10,614
2024 · €23,188-€12,574
Cash
€1,004
2024 · €3,134-€2,129
Balance sheet total
€208,538
2024 · €255,789-€47,251
Largest movements
Assets
- Receivables within one year -€35,842
down €35,842 (-77.2%), from €46,420 to €10,578
of which Trade receivables: -€29,335
- Deferred charges and accrued income -€9,727
no longer reported in 2025 (was €9,727)
Equity and liabilities
- Profit (loss) carried forward -€14,928
no longer reported in 2025 (was €14,928)
- Tax, wage and social debts -€13,715
down €13,715 (-22.3%), from €61,364 to €47,650
of which Taxes: -€22,653
- Debts after one year -€11,220
down €11,220 (-7.9%), from €141,349 to €130,129
- Accrued charges and deferred income -€7,899
no longer reported in 2025 (was €7,899)
Income statement
- Staff costs +€17,970
up €17,970 (+20.3%), from €88,693 to €106,662
- Gross operating margin +€10,687
up €10,687 (+6.3%), from €170,971 to €181,658
- Financial charges -€9,760
down €9,760 (-73.8%), from €13,228 to €3,468
- Taxes +€2,103
up €2,103 (+22.7%), from €9,274 to €11,378
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.
Result 2024
€39,411
Gross operating margin
+€10,687
Staff costs
-€17,970
Depreciation
+€358
Other operating charges
-€1,593
Other operating items
-€51,125
Financial income
-€1
Financial charges
+€9,760
Taxes
-€2,103
Result 2025
-€12,574
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.
From operations
+€24,240
Investment
-€15,995
Financing
-€10,375
Cash 2024
€3,134
From operations (derived)
+€24,240
Net result for the year
-€12,574
Depreciation
+€15,548
Receivables within one year
+€35,842
Deferred charges and accrued income
+€9,727
Trade debts
-€1,262
Tax, wage and social debts
-€13,715
Advances received
-€1,426
Accrued charges and deferred income
-€7,899
Investment (derived)
-€15,995
Investment in fixed assets (net)
-€15,995
Financing
-€10,375
Debts after one year
-€11,220
Current portion of long-term debt
+€917
Short-term financial debts
-€71
Cash 2025
€1,004
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,789 | €208,538 | -€47,251 | -18.5% |
| Fixed assets | 21/28 | €196,508 | €196,955 | +€447 | +0.2% |
| Tangible fixed assets | 22/27 | €196,427 | €196,875 | +€447 | +0.2% |
| Land and buildings | 22 | €185,693 | €173,529 | -€12,165 | -6.6% |
| Plant, machinery and equipment | 23 | €8,804 | €7,438 | -€1,366 | -15.5% |
| Furniture and vehicles | 24 | €1,930 | €15,908 | +€13,978 | +724.2% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €59,281 | €11,582 | -€47,699 | -80.5% |
| Amounts receivable within one year | 40/41 | €46,420 | €10,578 | -€35,842 | -77.2% |
| Trade receivables | 40 | €39,513 | €10,178 | -€29,335 | -74.2% |
| Other amounts receivable | 41 | €6,907 | €400 | -€6,507 | -94.2% |
| Cash at bank and in hand | 54/58 | €3,134 | €1,004 | -€2,129 | -68.0% |
| Deferred charges and accrued income | 490/1 | €9,727 | - | -€9,727 | |
| Total equity and liabilities | 10/49 | €255,789 | €208,538 | -€47,251 | -18.5% |
| Equity | 10/15 | €23,188 | €10,614 | -€12,574 | -54.2% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Contributions outside capital | 11 | €6,400 | €6,400 | = | 0.0% |
| Other | 1109/19 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,214 | +€2,354 | +126.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €2,354 | +€2,354 | |
| Profit (loss) carried forward | 14 | €14,928 | - | -€14,928 | |
| Amounts payable | 17/49 | €232,601 | €197,924 | -€34,677 | -14.9% |
| Amounts payable after more than one year | 17 | €141,349 | €130,129 | -€11,220 | -7.9% |
| Financial debts | 170/4 | €141,349 | €130,129 | -€11,220 | -7.9% |
| Amounts payable within one year | 42/48 | €83,352 | €67,795 | -€15,557 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €11,139 | €12,056 | +€917 | +8.2% |
| Financial debts | 43 | €71 | - | -€71 | |
| Credit institutions | 430/8 | €71 | - | -€71 | |
| Trade debts | 44 | €9,352 | €8,089 | -€1,262 | -13.5% |
| Suppliers | 440/4 | €9,352 | €8,089 | -€1,262 | -13.5% |
| Advances received on contracts in progress | 46 | €1,426 | - | -€1,426 | |
| Taxes, remuneration and social security | 45 | €61,364 | €47,650 | -€13,715 | -22.3% |
| Taxes | 450/3 | €54,016 | €31,363 | -€22,653 | -41.9% |
| Remuneration and social security | 454/9 | €7,348 | €16,287 | +€8,939 | +121.6% |
| Accrued charges and deferred income | 492/3 | €7,899 | - | -€7,899 | |
| Non-recurring operating income | 76A | €2,998 | - | -€2,998 | |
| Remuneration, social security and pensions | 62 | €88,693 | €106,662 | +€17,970 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,906 | €15,548 | -€358 | -2.3% |
| Other operating charges | 640/8 | €4,461 | €6,054 | +€1,593 | +35.7% |
| Non-recurring operating charges | 66A | - | €51,125 | +€51,125 | |
| Gross operating margin | 9900 | €170,971 | €181,658 | +€10,687 | +6.3% |
| Operating profit (loss) | 9901 | €61,911 | €2,269 | -€59,642 | -96.3% |
| Financial income | 75/76B | €3 | €2 | -€1 | -28.7% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -28.7% |
| Financial charges | 65/66B | €13,228 | €3,468 | -€9,760 | -73.8% |
| Recurring financial charges | 65 | €13,228 | €3,468 | -€9,760 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €48,686 | -€1,197 | -€49,882 | |
| Income taxes | 67/77 | €9,274 | €11,378 | +€2,103 | +22.7% |
| Profit (loss) for the period | 9904 | €39,411 | -€12,574 | -€51,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,411 | -€12,574 | -€51,986 |
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 10 October 2026 via checked.be.