BIJORMA: 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.
BIJORMA
Largest movements
- Cash +€18,915
up €18,915 (+77.5%), from €24,403 to €43,318
mainly Trade debts (+€35,021) and Depreciation (+€18,554)
- Tangible fixed assets -€14,719
down €14,719 (-15.1%), from €97,311 to €82,592
of which Land and buildings: -€15,917
- Stocks and contracts +€9,620
up €9,620 (+2.4%), from €398,638 to €408,258
- Receivables within one year -€6,444
down €6,444 (-58.9%), from €10,935 to €4,492
of which Trade receivables: -€4,142
- Trade debts +€35,021
up €35,021 (+38.8%), from €90,273 to €125,294
- Tax, wage and social debts -€23,653
down €23,653 (-55.8%), from €42,401 to €18,748
of which Taxes: -€22,456
- Reserves +€13,179
up €13,179 (+23.6%), from €55,920 to €69,099
of which Distributable reserves: +€13,179
- Short-term financial debts -€6,952
down €6,952 (-27.6%), from €25,174 to €18,223
- Other debts -€5,773
down €5,773 (-14.4%), from €40,171 to €34,398
- Gross operating margin -€53,756
down €53,756 (-38.9%), from €138,139 to €84,383
- Purchases and services +€31,979
up €31,979 (+8.7%), from €369,428 to €401,407
- Taxes -€14,741
down €14,741 (-63.1%), from €23,360 to €8,620
- Turnover +€7,944
up €7,944 (+1.7%), from €477,845 to €485,790
- Depreciation -€7,396
down €7,396 (-28.5%), from €25,950 to €18,554
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,564 | €538,835 | +€7,272 | +1.4% |
| Fixed assets | 21/28 | €97,587 | €82,767 | -€14,820 | -15.2% |
| Intangible fixed assets | 21 | €101 | - | -€101 | |
| Tangible fixed assets | 22/27 | €97,311 | €82,592 | -€14,719 | -15.1% |
| Land and buildings | 22 | €91,011 | €75,094 | -€15,917 | -17.5% |
| Plant, machinery and equipment | 23 | €4,893 | €5,446 | +€552 | +11.3% |
| Furniture and vehicles | 24 | €1,406 | €2,052 | +€646 | +45.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €433,977 | €456,068 | +€22,091 | +5.1% |
| Stocks and contracts in progress | 3 | €398,638 | €408,258 | +€9,620 | +2.4% |
| Stocks | 30/36 | €398,638 | €408,258 | +€9,620 | +2.4% |
| Amounts receivable within one year | 40/41 | €10,935 | €4,492 | -€6,444 | -58.9% |
| Trade receivables | 40 | €8,587 | €4,445 | -€4,142 | -48.2% |
| Other amounts receivable | 41 | €2,348 | €46 | -€2,302 | -98.0% |
| Cash at bank and in hand | 54/58 | €24,403 | €43,318 | +€18,915 | +77.5% |
| Total equity and liabilities | 10/49 | €531,564 | €538,835 | +€7,272 | +1.4% |
| Equity | 10/15 | €284,848 | €298,027 | +€13,179 | +4.6% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Capital | 10 | €99,200 | €99,200 | = | 0.0% |
| Issued capital | 100 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €55,920 | €69,099 | +€13,179 | +23.6% |
| Non-distributable reserves | 130/1 | €9,920 | €9,920 | = | 0.0% |
| Legal reserve | 130 | €9,920 | €9,920 | = | 0.0% |
| Distributable reserves | 133 | €46,000 | €59,179 | +€13,179 | +28.7% |
| Profit (loss) carried forward | 14 | €129,728 | €129,728 | = | 0.0% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €206,716 | €200,808 | -€5,908 | -2.9% |
| Amounts payable after more than one year | 17 | €2,145 | - | -€2,145 | |
| Financial debts | 170/4 | €2,145 | - | -€2,145 | |
| Amounts payable within one year | 42/48 | €204,571 | €200,808 | -€3,763 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €6,551 | €4,145 | -€2,406 | -36.7% |
| Financial debts | 43 | €25,174 | €18,223 | -€6,952 | -27.6% |
| Credit institutions | 430/8 | €25,174 | €18,223 | -€6,952 | -27.6% |
| Trade debts | 44 | €90,273 | €125,294 | +€35,021 | +38.8% |
| Suppliers | 440/4 | €90,273 | €125,294 | +€35,021 | +38.8% |
| Taxes, remuneration and social security | 45 | €42,401 | €18,748 | -€23,653 | -55.8% |
| Taxes | 450/3 | €35,540 | €13,084 | -€22,456 | -63.2% |
| Remuneration and social security | 454/9 | €6,860 | €5,664 | -€1,197 | -17.4% |
| Other amounts payable | 47/48 | €40,171 | €34,398 | -€5,773 | -14.4% |
| Turnover | 70 | €477,845 | €485,790 | +€7,944 | +1.7% |
| Non-recurring operating income | 76A | €29,721 | €4,402 | -€25,319 | -85.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €369,428 | €401,407 | +€31,979 | +8.7% |
| Remuneration, social security and pensions | 62 | €26,180 | €26,565 | +€385 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,950 | €18,554 | -€7,396 | -28.5% |
| Other operating charges | 640/8 | €10,427 | €6,348 | -€4,079 | -39.1% |
| Non-recurring operating charges | 66A | - | €4,402 | +€4,402 | |
| Gross operating margin | 9900 | €138,139 | €84,383 | -€53,756 | -38.9% |
| Operating profit (loss) | 9901 | €75,582 | €28,514 | -€47,068 | -62.3% |
| Financial income | 75/76B | €284 | €3 | -€280 | -98.9% |
| Recurring financial income | 75 | €284 | €3 | -€280 | -98.9% |
| Financial charges | 65/66B | €7,962 | €6,718 | -€1,244 | -15.6% |
| Recurring financial charges | 65 | €7,962 | €6,718 | -€1,244 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €67,903 | €21,799 | -€46,104 | -67.9% |
| Income taxes | 67/77 | €23,360 | €8,620 | -€14,741 | -63.1% |
| Profit (loss) for the period | 9904 | €44,543 | €13,179 | -€31,364 | -70.4% |
| Transfer from tax-exempt reserves | 789 | €1,835 | - | -€1,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,378 | €13,179 | -€33,199 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.