BIJOUX-V: 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.
BIJOUX-V
Largest movements
- Cash +€427,166
up €427,166 (+501%), from €85,295 to €512,461
mainly Trade debts (+€290,186) and Net result for the year (+€171,514)
- Stocks and contracts -€121,060
down €121,060 (-14.8%), from €819,391 to €698,331
- Receivables within one year +€110,494
up €110,494 (+28.2%), from €391,197 to €501,691
of which Other amounts receivable: +€141,388
- Tangible fixed assets -€55,973
down €55,973 (-5.2%), from €1.1m to €1.0m
of which Land and buildings: -€39,375
- Trade debts +€290,186
up €290,186 (+233%), from €124,312 to €414,498
- Profit (loss) carried forward +€176,787
up €176,787 (+23.8%), from €742,803 to €919,590
- Tax, wage and social debts -€63,737
down €63,737 (-26.7%), from €238,845 to €175,107
of which Taxes: -€57,551
- Current portion of long-term debt -€53,934
down €53,934 (-44.5%), from €121,312 to €67,378
- Gross operating margin -€338,691
down €338,691 (-31.5%), from €1.1m to €736,746
- Taxes -€62,033
down €62,033 (-48.0%), from €129,159 to €67,126
- Depreciation -€39,440
down €39,440 (-37.6%), from €104,865 to €65,425
- Other operating charges -€25,715
down €25,715 (-50.1%), from €51,371 to €25,657
- Staff costs -€13,039
down €13,039 (-3.7%), from €347,749 to €334,711
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 | €2,390,069 | €2,757,316 | +€367,247 | +15.4% |
| Fixed assets | 21/28 | €1,085,415 | €1,036,742 | -€48,673 | -4.5% |
| Intangible fixed assets | 21 | €14,923 | €22,223 | +€7,300 | +48.9% |
| Tangible fixed assets | 22/27 | €1,070,492 | €1,014,519 | -€55,973 | -5.2% |
| Land and buildings | 22 | €983,979 | €944,604 | -€39,375 | -4.0% |
| Plant, machinery and equipment | 23 | €12,923 | €7,975 | -€4,949 | -38.3% |
| Furniture and vehicles | 24 | €26,724 | €21,210 | -€5,514 | -20.6% |
| Other tangible fixed assets | 26 | €46,866 | €40,730 | -€6,136 | -13.1% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €1,304,655 | €1,720,575 | +€415,920 | +31.9% |
| Stocks and contracts in progress | 3 | €819,391 | €698,331 | -€121,060 | -14.8% |
| Stocks | 30/36 | €819,391 | €698,331 | -€121,060 | -14.8% |
| Amounts receivable within one year | 40/41 | €391,197 | €501,691 | +€110,494 | +28.2% |
| Trade receivables | 40 | €247,383 | €216,488 | -€30,895 | -12.5% |
| Other amounts receivable | 41 | €143,814 | €285,203 | +€141,388 | +98.3% |
| Cash at bank and in hand | 54/58 | €85,295 | €512,461 | +€427,166 | +501% |
| Deferred charges and accrued income | 490/1 | €8,772 | €8,092 | -€680 | -7.7% |
| Total equity and liabilities | 10/49 | €2,390,069 | €2,757,316 | +€367,247 | +15.4% |
| Equity | 10/15 | €861,597 | €1,033,111 | +€171,514 | +19.9% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €96,794 | €91,521 | -€5,273 | -5.4% |
| Tax-exempt reserves | 132 | €96,794 | €91,521 | -€5,273 | -5.4% |
| Profit (loss) carried forward | 14 | €742,803 | €919,590 | +€176,787 | +23.8% |
| Provisions and deferred taxes | 16 | €32,262 | €30,501 | -€1,761 | -5.5% |
| Deferred taxes | 168 | €32,262 | €30,501 | -€1,761 | -5.5% |
| Amounts payable | 17/49 | €1,496,210 | €1,693,705 | +€197,494 | +13.2% |
| Amounts payable after more than one year | 17 | €987,225 | €1,000,000 | +€12,775 | +1.3% |
| Financial debts | 170/4 | €987,225 | €1,000,000 | +€12,775 | +1.3% |
| Amounts payable within one year | 42/48 | €503,996 | €682,268 | +€178,272 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €121,312 | €67,378 | -€53,934 | -44.5% |
| Trade debts | 44 | €124,312 | €414,498 | +€290,186 | +233% |
| Suppliers | 440/4 | €124,312 | €414,498 | +€290,186 | +233% |
| Taxes, remuneration and social security | 45 | €238,845 | €175,107 | -€63,737 | -26.7% |
| Taxes | 450/3 | €195,780 | €138,229 | -€57,551 | -29.4% |
| Remuneration and social security | 454/9 | €43,065 | €36,878 | -€6,186 | -14.4% |
| Other amounts payable | 47/48 | €19,526 | €25,284 | +€5,758 | +29.5% |
| Accrued charges and deferred income | 492/3 | €4,989 | €11,437 | +€6,448 | +129% |
| Remuneration, social security and pensions | 62 | €347,749 | €334,711 | -€13,039 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,865 | €65,425 | -€39,440 | -37.6% |
| Other operating charges | 640/8 | €51,371 | €25,657 | -€25,715 | -50.1% |
| Gross operating margin | 9900 | €1,075,437 | €736,746 | -€338,691 | -31.5% |
| Operating profit (loss) | 9901 | €571,451 | €310,953 | -€260,498 | -45.6% |
| Financial income | 75/76B | €3,400 | €4,816 | +€1,416 | +41.7% |
| Recurring financial income | 75 | €3,400 | €4,816 | +€1,416 | +41.7% |
| Financial charges | 65/66B | €71,010 | €78,890 | +€7,881 | +11.1% |
| Recurring financial charges | 65 | €71,010 | €78,890 | +€7,881 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €503,841 | €236,879 | -€266,962 | -53.0% |
| Transfer from deferred taxes | 780 | €1,761 | €1,761 | = | 0.0% |
| Income taxes | 67/77 | €129,159 | €67,126 | -€62,033 | -48.0% |
| Profit (loss) for the period | 9904 | €376,443 | €171,514 | -€204,929 | -54.4% |
| Transfer from tax-exempt reserves | 789 | €5,273 | €5,273 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €381,716 | €176,787 | -€204,929 | -53.7% |
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 15 October 2026 via checked.be.