BJC HORECA CONCEPT: 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.
BJC HORECA CONCEPT
Largest movements
- Receivables within one year +€109,080
up €109,080 (+92.3%), from €118,163 to €227,243
of which Other amounts receivable: +€90,724
- Cash -€47,535
down €47,535 (-86.5%), from €54,923 to €7,388
mainly Net result for the year (-€117,678) and Receivables within one year (-€109,080)
- Tangible fixed assets -€32,565
down €32,565 (-45.7%), from €71,259 to €38,694
- Stocks and contracts -€30,260
no longer reported in 2025 (was €30,260)
- Trade debts +€173,675
up €173,675 (+134%), from €130,065 to €303,740
- Profit (loss) carried forward -€117,678
down €117,678 (-87.5%), from -€134,521 to -€252,199
- Debts after one year -€39,413
down €39,413 (-40.7%), from €96,897 to €57,484
- Current portion of long-term debt -€11,498
down €11,498 (-19.4%), from €59,124 to €47,626
- Tax, wage and social debts -€6,538
down €6,538 (-5.0%), from €131,612 to €125,075
of which Remuneration and social security: -€50,380
- Gross operating margin -€274,020
down €274,020 (-84.6%), from €323,762 to €49,742
- Staff costs -€235,185
down €235,185 (-64.6%), from €364,203 to €129,019
- Other operating charges -€19,404
no longer reported in 2025 (was €19,404)
- Depreciation -€9,427
down €9,427 (-22.4%), from €41,992 to €32,565
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 | €288,578 | €287,125 | -€1,453 | -0.5% |
| Fixed assets | 21/28 | €85,059 | €52,494 | -€32,565 | -38.3% |
| Tangible fixed assets | 22/27 | €71,259 | €38,694 | -€32,565 | -45.7% |
| Plant, machinery and equipment | 23 | €71,259 | €38,694 | -€32,565 | -45.7% |
| Financial fixed assets | 28 | €13,800 | €13,800 | = | 0.0% |
| Current assets | 29/58 | €203,520 | €234,632 | +€31,112 | +15.3% |
| Stocks and contracts in progress | 3 | €30,260 | - | -€30,260 | |
| Stocks | 30/36 | €30,260 | - | -€30,260 | |
| Amounts receivable within one year | 40/41 | €118,163 | €227,243 | +€109,080 | +92.3% |
| Trade receivables | 40 | €40,394 | €58,750 | +€18,356 | +45.4% |
| Other amounts receivable | 41 | €77,770 | €168,493 | +€90,724 | +117% |
| Cash at bank and in hand | 54/58 | €54,923 | €7,388 | -€47,535 | -86.5% |
| Deferred charges and accrued income | 490/1 | €173 | - | -€173 | |
| Total equity and liabilities | 10/49 | €288,578 | €287,125 | -€1,453 | -0.5% |
| Equity | 10/15 | -€129,121 | -€246,799 | -€117,678 | -91.1% |
| Contributions | 10/11 | €5,400 | €5,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,521 | -€252,199 | -€117,678 | -87.5% |
| Amounts payable | 17/49 | €417,699 | €533,925 | +€116,226 | +27.8% |
| Amounts payable after more than one year | 17 | €96,897 | €57,484 | -€39,413 | -40.7% |
| Financial debts | 170/4 | €96,897 | €57,484 | -€39,413 | -40.7% |
| Amounts payable within one year | 42/48 | €320,802 | €476,441 | +€155,639 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €59,124 | €47,626 | -€11,498 | -19.4% |
| Trade debts | 44 | €130,065 | €303,740 | +€173,675 | +134% |
| Suppliers | 440/4 | €130,065 | €303,740 | +€173,675 | +134% |
| Taxes, remuneration and social security | 45 | €131,612 | €125,075 | -€6,538 | -5.0% |
| Taxes | 450/3 | €34,800 | €78,642 | +€43,842 | +126% |
| Remuneration and social security | 454/9 | €96,812 | €46,432 | -€50,380 | -52.0% |
| Remuneration, social security and pensions | 62 | €364,203 | €129,019 | -€235,185 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,992 | €32,565 | -€9,427 | -22.4% |
| Other operating charges | 640/8 | €19,404 | - | -€19,404 | |
| Gross operating margin | 9900 | €323,762 | €49,742 | -€274,020 | -84.6% |
| Operating profit (loss) | 9901 | -€101,837 | -€111,841 | -€10,004 | -9.8% |
| Financial charges | 65/66B | €8,696 | €6,609 | -€2,087 | -24.0% |
| Recurring financial charges | 65 | €8,696 | €6,609 | -€2,087 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€110,533 | -€118,450 | -€7,917 | -7.2% |
| Income taxes | 67/77 | - | -€772 | -€772 | |
| Profit (loss) for the period | 9904 | -€110,533 | -€117,678 | -€7,145 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,533 | -€117,678 | -€7,145 | -6.5% |
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 26 October 2026 via checked.be.