BJ WORKS: 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.
BJ WORKS
Largest movements
- Cash +€12,718
up €12,718 (+74.4%), from €17,098 to €29,816
mainly Depreciation (+€7,506) and Net result for the year (+€5,828)
- Tangible fixed assets -€6,426
down €6,426 (-31.3%), from €20,519 to €14,093
of which Furniture and vehicles: -€5,273
- Receivables within one year -€4,278
down €4,278 (-74.5%), from €5,742 to €1,464
of which Trade receivables: -€3,966
- Reserves +€5,828
up €5,828 (+42.9%), from €13,595 to €19,423
- Debts after one year -€4,701
down €4,701 (-44.7%), from €10,519 to €5,818
- Other debts +€712
up €712 (+7.6%), from €9,395 to €10,107
- Gross operating margin -€16,097
down €16,097 (-49.3%), from €32,665 to €16,568
- Depreciation -€4,358
down €4,358 (-36.7%), from €11,864 to €7,506
- Taxes -€1,845
down €1,845 (-51.0%), from €3,619 to €1,774
- Financial charges -€1,416
down €1,416 (-62.5%), from €2,267 to €851
- Other operating charges -€747
down €747 (-54.5%), from €1,371 to €624
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 | €47,709 | €49,939 | +€2,231 | +4.7% |
| Fixed assets | 21/28 | €20,519 | €14,093 | -€6,426 | -31.3% |
| Tangible fixed assets | 22/27 | €20,519 | €14,093 | -€6,426 | -31.3% |
| Plant, machinery and equipment | 23 | €4,266 | €3,113 | -€1,153 | -27.0% |
| Furniture and vehicles | 24 | €16,254 | €10,981 | -€5,273 | -32.4% |
| Current assets | 29/58 | €27,189 | €35,846 | +€8,657 | +31.8% |
| Stocks and contracts in progress | 3 | €3,254 | €3,003 | -€252 | -7.7% |
| Stocks | 30/36 | €3,254 | €3,003 | -€252 | -7.7% |
| Amounts receivable within one year | 40/41 | €5,742 | €1,464 | -€4,278 | -74.5% |
| Trade receivables | 40 | €4,828 | €863 | -€3,966 | -82.1% |
| Other amounts receivable | 41 | €914 | €602 | -€312 | -34.2% |
| Cash at bank and in hand | 54/58 | €17,098 | €29,816 | +€12,718 | +74.4% |
| Deferred charges and accrued income | 490/1 | €1,094 | €1,563 | +€469 | +42.8% |
| Total equity and liabilities | 10/49 | €47,709 | €49,939 | +€2,231 | +4.7% |
| Equity | 10/15 | €21,595 | €27,423 | +€5,828 | +27.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €13,595 | €19,423 | +€5,828 | +42.9% |
| Distributable reserves | 133 | €13,595 | €19,423 | +€5,828 | +42.9% |
| Amounts payable | 17/49 | €26,114 | €22,516 | -€3,598 | -13.8% |
| Amounts payable after more than one year | 17 | €10,519 | €5,818 | -€4,701 | -44.7% |
| Financial debts | 170/4 | €10,519 | €5,818 | -€4,701 | -44.7% |
| Amounts payable within one year | 42/48 | €15,594 | €16,698 | +€1,103 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €4,452 | €4,701 | +€249 | +5.6% |
| Trade debts | 44 | €129 | €116 | -€13 | -9.8% |
| Suppliers | 440/4 | €129 | €116 | -€13 | -9.8% |
| Taxes, remuneration and social security | 45 | €1,619 | €1,774 | +€155 | +9.6% |
| Taxes | 450/3 | €1,619 | €1,774 | +€155 | +9.6% |
| Other amounts payable | 47/48 | €9,395 | €10,107 | +€712 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,864 | €7,506 | -€4,358 | -36.7% |
| Other operating charges | 640/8 | €1,371 | €624 | -€747 | -54.5% |
| Gross operating margin | 9900 | €32,665 | €16,568 | -€16,097 | -49.3% |
| Operating profit (loss) | 9901 | €19,430 | €8,438 | -€10,993 | -56.6% |
| Financial income | 75/76B | €50 | €15 | -€34 | -69.6% |
| Recurring financial income | 75 | €50 | €15 | -€34 | -69.6% |
| Financial charges | 65/66B | €2,267 | €851 | -€1,416 | -62.5% |
| Recurring financial charges | 65 | €2,267 | €851 | -€1,416 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €17,213 | €7,602 | -€9,611 | -55.8% |
| Income taxes | 67/77 | €3,619 | €1,774 | -€1,845 | -51.0% |
| Profit (loss) for the period | 9904 | €13,595 | €5,828 | -€7,766 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,595 | €5,828 | -€7,766 | -57.1% |
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 25 October 2026 via checked.be.