BJF: 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.
BJF
Largest movements
- Deferred charges and accrued income +€16,502
up €16,502 (+1,997%), from €826 to €17,328
- Receivables within one year +€10,000
up €10,000 (+109%), from €9,143 to €19,143
of which Trade receivables: +€10,000
- Other debts +€150,000
up €150,000 (+5,455%), from €2,750 to €152,750
- Profit (loss) carried forward -€81,372
down €81,372 (-30.8%), from €263,940 to €182,568
- Debts after one year -€22,633
down €22,633 (-100%), from €22,633 to €0
- Current portion of long-term debt -€22,464
down €22,464 (-47.9%), from €46,866 to €24,402
- Financial income +€19,000
up €19,000 (+82.6%), from €23,000 to €42,000
- Gross operating margin +€1,023
up €1,023 (+2.6%), from €39,019 to €40,043
- Other operating charges +€411
up €411 (+54.4%), from €756 to €1,167
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 | €387,429 | €413,802 | +€26,373 | +6.8% |
| Fixed assets | 21/28 | €360,000 | €360,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €360,000 | €360,000 | = | 0.0% |
| Current assets | 29/58 | €27,429 | €53,802 | +€26,373 | +96.1% |
| Amounts receivable within one year | 40/41 | €9,143 | €19,143 | +€10,000 | +109% |
| Trade receivables | 40 | €9,143 | €19,143 | +€10,000 | +109% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €17,460 | €17,331 | -€129 | -0.7% |
| Deferred charges and accrued income | 490/1 | €826 | €17,328 | +€16,502 | +1,997% |
| Total equity and liabilities | 10/49 | €387,429 | €413,802 | +€26,373 | +6.8% |
| Equity | 10/15 | €294,400 | €213,028 | -€81,372 | -27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €263,940 | €182,568 | -€81,372 | -30.8% |
| Amounts payable | 17/49 | €93,029 | €200,774 | +€107,744 | +116% |
| Amounts payable after more than one year | 17 | €22,633 | €0 | -€22,633 | -100% |
| Financial debts | 170/4 | €22,633 | €0 | -€22,633 | -100% |
| Amounts payable within one year | 42/48 | €70,397 | €200,774 | +€130,377 | +185% |
| Current portion of amounts payable after more than one year | 42 | €46,866 | €24,402 | -€22,464 | -47.9% |
| Trade debts | 44 | €1,639 | €3,639 | +€1,999 | +122% |
| Suppliers | 440/4 | €1,639 | €3,639 | +€1,999 | +122% |
| Taxes, remuneration and social security | 45 | €19,142 | €19,984 | +€841 | +4.4% |
| Taxes | 450/3 | €13,821 | €14,937 | +€1,116 | +8.1% |
| Remuneration and social security | 454/9 | €5,321 | €5,046 | -€275 | -5.2% |
| Other amounts payable | 47/48 | €2,750 | €152,750 | +€150,000 | +5,455% |
| Remuneration, social security and pensions | 62 | €1,734 | €1,741 | +€7 | +0.4% |
| Other operating charges | 640/8 | €756 | €1,167 | +€411 | +54.4% |
| Gross operating margin | 9900 | €39,019 | €40,043 | +€1,023 | +2.6% |
| Operating profit (loss) | 9901 | €36,529 | €37,135 | +€605 | +1.7% |
| Financial income | 75/76B | €23,000 | €42,000 | +€19,000 | +82.6% |
| Recurring financial income | 75 | €23,000 | €42,000 | +€19,000 | +82.6% |
| Financial charges | 65/66B | €1,080 | €799 | -€281 | -26.0% |
| Recurring financial charges | 65 | €1,080 | €799 | -€281 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €58,449 | €78,336 | +€19,887 | +34.0% |
| Income taxes | 67/77 | €9,308 | €9,708 | +€400 | +4.3% |
| Profit (loss) for the period | 9904 | €49,142 | €68,628 | +€19,487 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,142 | €68,628 | +€19,487 | +39.7% |
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 1 November 2026 via checked.be.