BJK & ASSOCIES: 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.
BJK & ASSOCIES
Largest movements
- Financial fixed assets +€150,000
up €150,000 (+78.9%), from €190,000 to €340,000
- Stocks and contracts -€37,500
down €37,500 (-100%), from €37,500 to €0
- Tangible fixed assets -€15,000
down €15,000 (-60.0%), from €25,000 to €10,000
- Receivables within one year +€10,455
up €10,455 (+20.7%), from €50,605 to €61,060
of which Other amounts receivable: +€9,257
- Debts after one year +€54,752
up €54,752 (+21.8%), from €250,645 to €305,397
- Other debts +€50,990
new in 2025: €50,990
- Contributions -€19,500
no longer reported in 2025 (was €19,500)
- Current portion of long-term debt +€15,864
up €15,864 (+59.9%), from €26,504 to €42,368
- Trade debts +€7,124
up €7,124 (+393%), from €1,813 to €8,937
- Staff costs +€13,035
up €13,035 (+46.2%), from €28,242 to €41,277
- Gross operating margin +€11,968
up €11,968 (+25.5%), from €46,969 to €58,937
- Depreciation -€617
down €617 (-4.0%), from €15,617 to €15,000
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 | €307,462 | €417,317 | +€109,855 | +35.7% |
| Fixed assets | 21/28 | €215,000 | €350,000 | +€135,000 | +62.8% |
| Tangible fixed assets | 22/27 | €25,000 | €10,000 | -€15,000 | -60.0% |
| Furniture and vehicles | 24 | €25,000 | €10,000 | -€15,000 | -60.0% |
| Financial fixed assets | 28 | €190,000 | €340,000 | +€150,000 | +78.9% |
| Current assets | 29/58 | €92,462 | €67,317 | -€25,145 | -27.2% |
| Stocks and contracts in progress | 3 | €37,500 | €0 | -€37,500 | -100% |
| Stocks | 30/36 | €37,500 | €0 | -€37,500 | -100% |
| Amounts receivable within one year | 40/41 | €50,605 | €61,060 | +€10,455 | +20.7% |
| Trade receivables | 40 | €4,627 | €5,825 | +€1,198 | +25.9% |
| Other amounts receivable | 41 | €45,978 | €55,235 | +€9,257 | +20.1% |
| Cash at bank and in hand | 54/58 | €4,357 | €6,257 | +€1,900 | +43.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €307,462 | €417,317 | +€109,855 | +35.7% |
| Equity | 10/15 | €28,500 | €9,625 | -€18,875 | -66.2% |
| Contributions | 10/11 | €19,500 | - | -€19,500 | |
| Capital | 10 | €19,500 | - | -€19,500 | |
| Issued capital | 100 | €19,500 | - | -€19,500 | |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Other | 1319 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,050 | €7,675 | +€625 | +8.9% |
| Amounts payable | 17/49 | €278,962 | €407,692 | +€128,730 | +46.1% |
| Amounts payable after more than one year | 17 | €250,645 | €305,397 | +€54,752 | +21.8% |
| Financial debts | 170/4 | €250,645 | €305,397 | +€54,752 | +21.8% |
| Amounts payable within one year | 42/48 | €28,317 | €102,295 | +€73,978 | +261% |
| Current portion of amounts payable after more than one year | 42 | €26,504 | €42,368 | +€15,864 | +59.9% |
| Trade debts | 44 | €1,813 | €8,937 | +€7,124 | +393% |
| Suppliers | 440/4 | €1,813 | €8,937 | +€7,124 | +393% |
| Other amounts payable | 47/48 | - | €50,990 | +€50,990 | |
| Remuneration, social security and pensions | 62 | €28,242 | €41,277 | +€13,035 | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,617 | €15,000 | -€617 | -4.0% |
| Other operating charges | 640/8 | €171 | - | -€171 | |
| Gross operating margin | 9900 | €46,969 | €58,937 | +€11,968 | +25.5% |
| Operating profit (loss) | 9901 | €2,939 | €2,660 | -€279 | -9.5% |
| Financial charges | 65/66B | €2,435 | €2,035 | -€400 | -16.4% |
| Recurring financial charges | 65 | €2,435 | €2,035 | -€400 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €504 | €625 | +€121 | +24.0% |
| Profit (loss) for the period | 9904 | €504 | €625 | +€121 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €504 | €625 | +€121 | +24.0% |
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 31 October 2026 via checked.be.