BJK: what changed
Two fiscal 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.
BJK
Largest movements
- Tangible fixed assets -€24,182
down €24,182 (-10.2%), from €237,944 to €213,762
of which Furniture and vehicles: -€13,112
- Receivables within one year +€17,089
up €17,089 (+55.5%), from €30,773 to €47,862
of which Other amounts receivable: +€12,299
- Cash -€6,157
down €6,157 (-81.1%), from €7,594 to €1,437
mainly Current portion of long-term debt (-€17,684) and Receivables within one year (-€17,089)
- Current portion of long-term debt -€17,684
no longer reported in 2025 (was €17,684)
- Other debts -€10,920
down €10,920 (-50.4%), from €21,650 to €10,730
- Reserves +€9,956
up €9,956 (+7.0%), from €141,589 to €151,545
of which Distributable reserves: +€12,995
- Tax, wage and social debts +€6,195
up €6,195 (+987.3%), from €628 to €6,823
- Gross operating margin +€12,878
up €12,878 (+91.5%), from €14,080 to €26,958
- Taxes +€6,302
new in 2025: €6,302
- Depreciation -€5,429
down €5,429 (-32.9%), from €16,499 to €11,071
- Financial charges -€344
down €344 (-51.8%), from €664 to €320
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 | €294,874 | €281,623 | -€13,251 | -4.5% |
| Fixed assets | 21/28 | €237,944 | €213,762 | -€24,182 | -10.2% |
| Tangible fixed assets | 22/27 | €237,944 | €213,762 | -€24,182 | -10.2% |
| Land and buildings | 22 | €224,832 | €213,762 | -€11,071 | -4.9% |
| Furniture and vehicles | 24 | €13,112 | - | -€13,112 | |
| Current assets | 29/58 | €56,930 | €67,861 | +€10,931 | +19.2% |
| Amounts receivable after more than one year | 29 | €18,400 | €18,400 | = | 0.0% |
| Other amounts receivable | 291 | €18,400 | €18,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,773 | €47,862 | +€17,089 | +55.5% |
| Trade receivables | 40 | €14,691 | €19,481 | +€4,790 | +32.6% |
| Other amounts receivable | 41 | €16,082 | €28,381 | +€12,299 | +76.5% |
| Cash at bank and in hand | 54/58 | €7,594 | €1,437 | -€6,157 | -81.1% |
| Deferred charges and accrued income | 490/1 | €163 | €163 | = | 0.0% |
| Total equity and liabilities | 10/49 | €294,874 | €281,623 | -€13,251 | -4.5% |
| Equity | 10/15 | €226,728 | €236,685 | +€9,958 | +4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €141,589 | €151,545 | +€9,956 | +7.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €65,089 | €62,050 | -€3,039 | -4.7% |
| Distributable reserves | 133 | €74,000 | €86,995 | +€12,995 | +17.6% |
| Profit (loss) carried forward | 14 | €60,139 | €60,140 | +€1 | 0.0% |
| Provisions and deferred taxes | 16 | €15,910 | €14,897 | -€1,013 | -6.4% |
| Deferred taxes | 168 | €15,910 | €14,897 | -€1,013 | -6.4% |
| Amounts payable | 17/49 | €52,236 | €30,040 | -€22,196 | -42.5% |
| Amounts payable within one year | 42/48 | €51,318 | €29,001 | -€22,317 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €17,684 | - | -€17,684 | |
| Trade debts | 44 | €11,356 | €11,448 | +€93 | +0.8% |
| Suppliers | 440/4 | €11,356 | €11,448 | +€93 | +0.8% |
| Taxes, remuneration and social security | 45 | €628 | €6,823 | +€6,195 | +987.3% |
| Taxes | 450/3 | €628 | €6,823 | +€6,195 | +987.3% |
| Other amounts payable | 47/48 | €21,650 | €10,730 | -€10,920 | -50.4% |
| Accrued charges and deferred income | 492/3 | €918 | €1,039 | +€121 | +13.2% |
| Non-recurring operating income | 76A | €1,370 | €16,981 | +€15,611 | +1139.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,499 | €11,071 | -€5,429 | -32.9% |
| Other operating charges | 640/8 | €1,989 | €1,922 | -€67 | -3.4% |
| Gross operating margin | 9900 | €14,080 | €26,958 | +€12,878 | +91.5% |
| Operating profit (loss) | 9901 | -€4,408 | €13,966 | +€18,374 | |
| Financial income | 75/76B | €1,452 | €1,601 | +€149 | +10.3% |
| Recurring financial income | 75 | €1,452 | €1,601 | +€149 | +10.3% |
| Financial charges | 65/66B | €664 | €320 | -€344 | -51.8% |
| Recurring financial charges | 65 | €664 | €320 | -€344 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,620 | €15,247 | +€18,867 | |
| Transfer from deferred taxes | 780 | €1,013 | €1,013 | = | 0.0% |
| Income taxes | 67/77 | - | €6,302 | +€6,302 | |
| Profit (loss) for the period | 9904 | -€2,607 | €9,958 | +€12,565 | |
| Transfer from tax-exempt reserves | 789 | €3,039 | €3,039 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €432 | €12,996 | +€12,565 | +2909.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.