BJInvest: 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.
BJInvest
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Cash -€49,083
down €49,083 (-23.1%), from €212,801 to €163,718
mainly Receivables after one year (-€100,000) and Tax, wage and social debts (-€39,245)
- Receivables within one year -€16,272
down €16,272 (-77.4%), from €21,023 to €4,750
- Reserves +€54,928
up €54,928 (+36.4%), from €150,701 to €205,630
- Tax, wage and social debts -€39,245
down €39,245 (-62.3%), from €63,008 to €23,762
- Other debts +€17,792
up €17,792 (+114.5%), from €15,546 to €33,338
- Gross operating margin -€131,320
down €131,320 (-66.4%), from €197,630 to €66,310
- Taxes -€31,418
down €31,418 (-69.6%), from €45,164 to €13,746
- Financial income +€3,045
up €3,045 (+1522400.0%), from €0 to €3,045
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.
Cash bridge derived
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 | €235,389 | €270,446 | +€35,057 | +14.9% |
| Fixed assets | 21/28 | €1,565 | €1,978 | +€412 | +26.3% |
| Tangible fixed assets | 22/27 | €1,565 | €1,978 | +€412 | +26.3% |
| Land and buildings | 22 | €1,565 | €1,398 | -€168 | -10.7% |
| Furniture and vehicles | 24 | - | €580 | +€580 | |
| Current assets | 29/58 | €233,823 | €268,468 | +€34,645 | +14.8% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €21,023 | €4,750 | -€16,272 | -77.4% |
| Trade receivables | 40 | €21,023 | €4,750 | -€16,272 | -77.4% |
| Cash at bank and in hand | 54/58 | €212,801 | €163,718 | -€49,083 | -23.1% |
| Total equity and liabilities | 10/49 | €235,389 | €270,446 | +€35,057 | +14.9% |
| Equity | 10/15 | €155,701 | €210,630 | +€54,928 | +35.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €150,701 | €205,630 | +€54,928 | +36.4% |
| Distributable reserves | 133 | €150,701 | €205,630 | +€54,928 | +36.4% |
| Amounts payable | 17/49 | €79,687 | €59,817 | -€19,871 | -24.9% |
| Amounts payable within one year | 42/48 | €79,687 | €59,817 | -€19,871 | -24.9% |
| Trade debts | 44 | €1,134 | €2,717 | +€1,582 | +139.5% |
| Suppliers | 440/4 | €1,134 | €2,717 | +€1,582 | +139.5% |
| Taxes, remuneration and social security | 45 | €63,008 | €23,762 | -€39,245 | -62.3% |
| Taxes | 450/3 | €63,008 | €23,762 | -€39,245 | -62.3% |
| Other amounts payable | 47/48 | €15,546 | €33,338 | +€17,792 | +114.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €457 | +€345 | +310.1% |
| Other operating charges | 640/8 | €1,195 | €120 | -€1,075 | -90.0% |
| Gross operating margin | 9900 | €197,630 | €66,310 | -€131,320 | -66.4% |
| Operating profit (loss) | 9901 | €196,324 | €65,734 | -€130,590 | -66.5% |
| Financial income | 75/76B | €0 | €3,045 | +€3,045 | +1522400.0% |
| Recurring financial income | 75 | €0 | €3,045 | +€3,045 | +1522400.0% |
| Financial charges | 65/66B | €458 | €104 | -€354 | -77.2% |
| Recurring financial charges | 65 | €458 | €104 | -€354 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €195,866 | €68,674 | -€127,191 | -64.9% |
| Income taxes | 67/77 | €45,164 | €13,746 | -€31,418 | -69.6% |
| Profit (loss) for the period | 9904 | €150,701 | €54,928 | -€95,773 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €150,701 | €54,928 | -€95,773 | -63.6% |
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 9 October 2026 via checked.be.