BEJUST: 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.
BEJUST
Largest movements
- Tangible fixed assets -€40,189
down €40,189 (-5.6%), from €721,587 to €681,399
of which Land and buildings: -€49,395
- Cash -€34,479
down €34,479 (-79.7%), from €43,238 to €8,759
mainly Net result for the year (-€94,703) and Investment in fixed assets (net) (-€38,425)
- Profit (loss) carried forward -€94,703
down €94,703 (-19.7%), from -€481,923 to -€576,625
- Other debts +€39,290
up €39,290 (+9.4%), from €417,783 to €457,073
- Debts after one year -€23,677
down €23,677 (-9.9%), from €239,434 to €215,757
of which Financial debts: -€23,677
- Gross operating margin +€99,780
up €99,780, from -€15,533 to €84,247
- Financial income -€10,673
down €10,673 (-43.8%), from €24,354 to €13,681
- Depreciation +€7,792
up €7,792 (+11.0%), from €70,822 to €78,614
- Financial charges +€2,215
up €2,215 (+12.7%), from €17,414 to €19,629
- Staff costs +€1,816
up €1,816 (+2.5%), from €73,077 to €74,893
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 | €1,151,725 | €1,079,051 | -€72,674 | -6.3% |
| Fixed assets | 21/28 | €811,587 | €771,399 | -€40,189 | -5.0% |
| Tangible fixed assets | 22/27 | €721,587 | €681,399 | -€40,189 | -5.6% |
| Land and buildings | 22 | €596,852 | €547,458 | -€49,395 | -8.3% |
| Furniture and vehicles | 24 | €34,303 | €34,557 | +€254 | +0.7% |
| Other tangible fixed assets | 26 | €90,432 | €99,384 | +€8,952 | +9.9% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €340,137 | €307,652 | -€32,485 | -9.6% |
| Amounts receivable within one year | 40/41 | €286,706 | €281,609 | -€5,097 | -1.8% |
| Trade receivables | 40 | €10,970 | €16,373 | +€5,403 | +49.3% |
| Other amounts receivable | 41 | €275,736 | €265,235 | -€10,501 | -3.8% |
| Cash at bank and in hand | 54/58 | €43,238 | €8,759 | -€34,479 | -79.7% |
| Deferred charges and accrued income | 490/1 | €10,193 | €17,285 | +€7,092 | +69.6% |
| Total equity and liabilities | 10/49 | €1,151,725 | €1,079,051 | -€72,674 | -6.3% |
| Equity | 10/15 | €426,090 | €331,387 | -€94,703 | -22.2% |
| Contributions | 10/11 | €540,000 | €540,000 | = | 0.0% |
| Reserves | 13 | €368,013 | €368,013 | = | 0.0% |
| Distributable reserves | 133 | €368,013 | €368,013 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€481,923 | -€576,625 | -€94,703 | -19.7% |
| Amounts payable | 17/49 | €725,635 | €747,663 | +€22,029 | +3.0% |
| Amounts payable after more than one year | 17 | €239,434 | €215,757 | -€23,677 | -9.9% |
| Financial debts | 170/4 | €82,434 | €58,757 | -€23,677 | -28.7% |
| Other amounts payable | 178/9 | €157,000 | €157,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €472,914 | €516,295 | +€43,380 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €28,181 | €23,677 | -€4,504 | -16.0% |
| Trade debts | 44 | €11,006 | €12,911 | +€1,906 | +17.3% |
| Suppliers | 440/4 | €11,006 | €12,911 | +€1,906 | +17.3% |
| Taxes, remuneration and social security | 45 | €15,944 | €22,633 | +€6,689 | +42.0% |
| Taxes | 450/3 | €4,873 | €6,575 | +€1,702 | +34.9% |
| Remuneration and social security | 454/9 | €11,071 | €16,058 | +€4,987 | +45.0% |
| Other amounts payable | 47/48 | €417,783 | €457,073 | +€39,290 | +9.4% |
| Accrued charges and deferred income | 492/3 | €13,286 | €15,612 | +€2,326 | +17.5% |
| Remuneration, social security and pensions | 62 | €73,077 | €74,893 | +€1,816 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,822 | €78,614 | +€7,792 | +11.0% |
| Other operating charges | 640/8 | €20,000 | €19,223 | -€777 | -3.9% |
| Gross operating margin | 9900 | -€15,533 | €84,247 | +€99,780 | |
| Operating profit (loss) | 9901 | -€179,432 | -€88,483 | +€90,948 | +50.7% |
| Financial income | 75/76B | €24,354 | €13,681 | -€10,673 | -43.8% |
| Recurring financial income | 75 | €24,354 | €13,681 | -€10,673 | -43.8% |
| Financial charges | 65/66B | €17,414 | €19,629 | +€2,215 | +12.7% |
| Recurring financial charges | 65 | €17,414 | €19,629 | +€2,215 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€172,492 | -€94,431 | +€78,060 | +45.3% |
| Income taxes | 67/77 | €279 | €271 | -€8 | -2.8% |
| Profit (loss) for the period | 9904 | -€172,771 | -€94,703 | +€78,068 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,771 | -€94,703 | +€78,068 | +45.2% |
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 30 September 2026 via checked.be.