Bjornies: 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.
Bjornies
Largest movements
- Tangible fixed assets +€95,242
up €95,242 (+39.5%), from €241,101 to €336,343
of which Plant, machinery and equipment: +€73,875
- Deferred charges and accrued income +€60,458
up €60,458 (+4,018%), from €1,505 to €61,962
- Cash -€18,525
down €18,525 (-57.7%), from €32,085 to €13,560
mainly Investment in fixed assets (net) (-€150,340) and Deferred charges and accrued income (-€60,458)
- Receivables within one year +€17,150
up €17,150 (+58.4%), from €29,381 to €46,531
of which Other amounts receivable: +€9,410
- Stocks and contracts +€15,777
up €15,777 (+55.1%), from €28,638 to €44,414
- Reserves +€61,300
up €61,300 (+51.4%), from €119,300 to €180,600
- Tax, wage and social debts +€31,453
up €31,453 (+61.6%), from €51,022 to €82,475
of which Taxes: +€21,443
- Trade debts +€26,164
up €26,164 (+215%), from €12,189 to €38,353
- Short-term financial debts +€24,940
new in 2024: €24,940
of which Other loans: +€23,404
- Debts after one year +€21,529
up €21,529 (+19.4%), from €111,067 to €132,596
- Gross operating margin +€167,854
up €167,854 (+64.0%), from €262,104 to €429,958
- Staff costs +€161,829
up €161,829 (+147%), from €109,877 to €271,706
- Depreciation +€21,748
up €21,748 (+81.0%), from €26,854 to €48,603
- Financial charges +€18,707
up €18,707 (+304%), from €6,147 to €24,854
- Taxes -€9,226
down €9,226 (-29.4%), from €31,341 to €22,115
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,641 | €510,238 | +€176,597 | +52.9% |
| Formation expenses | 20 | €932 | €481 | -€451 | -48.4% |
| Fixed assets | 21/28 | €241,101 | €343,289 | +€102,188 | +42.4% |
| Intangible fixed assets | 21 | - | €6,947 | +€6,947 | |
| Tangible fixed assets | 22/27 | €241,101 | €336,343 | +€95,242 | +39.5% |
| Land and buildings | 22 | €73,448 | €66,372 | -€7,076 | -9.6% |
| Plant, machinery and equipment | 23 | €116,764 | €190,639 | +€73,875 | +63.3% |
| Furniture and vehicles | 24 | €50,889 | €52,771 | +€1,882 | +3.7% |
| Leasing and similar rights | 25 | - | €26,561 | +€26,561 | |
| Current assets | 29/58 | €91,609 | €166,468 | +€74,860 | +81.7% |
| Stocks and contracts in progress | 3 | €28,638 | €44,414 | +€15,777 | +55.1% |
| Stocks | 30/36 | €28,638 | €44,414 | +€15,777 | +55.1% |
| Amounts receivable within one year | 40/41 | €29,381 | €46,531 | +€17,150 | +58.4% |
| Trade receivables | 40 | €14,411 | €22,151 | +€7,741 | +53.7% |
| Other amounts receivable | 41 | €14,970 | €24,380 | +€9,410 | +62.9% |
| Cash at bank and in hand | 54/58 | €32,085 | €13,560 | -€18,525 | -57.7% |
| Deferred charges and accrued income | 490/1 | €1,505 | €61,962 | +€60,458 | +4,018% |
| Total equity and liabilities | 10/49 | €333,641 | €510,238 | +€176,597 | +52.9% |
| Equity | 10/15 | €126,233 | €187,576 | +€61,342 | +48.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,300 | €180,600 | +€61,300 | +51.4% |
| Distributable reserves | 133 | €119,300 | €180,600 | +€61,300 | +51.4% |
| Profit (loss) carried forward | 14 | €1,933 | €1,976 | +€42 | +2.2% |
| Amounts payable | 17/49 | €207,408 | €322,663 | +€115,255 | +55.6% |
| Amounts payable after more than one year | 17 | €111,067 | €132,596 | +€21,529 | +19.4% |
| Financial debts | 170/4 | €111,067 | €132,596 | +€21,529 | +19.4% |
| Amounts payable within one year | 42/48 | €95,955 | €187,924 | +€91,969 | +95.8% |
| Current portion of amounts payable after more than one year | 42 | €32,745 | €39,973 | +€7,229 | +22.1% |
| Financial debts | 43 | - | €24,940 | +€24,940 | |
| Credit institutions | 430/8 | - | €1,536 | +€1,536 | |
| Other loans | 439 | - | €23,404 | +€23,404 | |
| Trade debts | 44 | €12,189 | €38,353 | +€26,164 | +215% |
| Suppliers | 440/4 | €12,189 | €38,353 | +€26,164 | +215% |
| Advances received on contracts in progress | 46 | - | €2,183 | +€2,183 | |
| Taxes, remuneration and social security | 45 | €51,022 | €82,475 | +€31,453 | +61.6% |
| Taxes | 450/3 | €33,144 | €54,587 | +€21,443 | +64.7% |
| Remuneration and social security | 454/9 | €17,878 | €27,888 | +€10,010 | +56.0% |
| Accrued charges and deferred income | 492/3 | €385 | €2,143 | +€1,758 | +457% |
| Non-recurring operating income | 76A | €329 | €52 | -€278 | -84.3% |
| Remuneration, social security and pensions | 62 | €109,877 | €271,706 | +€161,829 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,854 | €48,603 | +€21,748 | +81.0% |
| Other operating charges | 640/8 | €1,425 | €3,441 | +€2,015 | +141% |
| Non-recurring operating charges | 66A | - | €2,135 | +€2,135 | |
| Gross operating margin | 9900 | €262,104 | €429,958 | +€167,854 | +64.0% |
| Operating profit (loss) | 9901 | €123,948 | €104,074 | -€19,874 | -16.0% |
| Financial income | 75/76B | €330 | €4,237 | +€3,908 | +1,186% |
| Recurring financial income | 75 | €330 | €4,237 | +€3,908 | +1,186% |
| Financial charges | 65/66B | €6,147 | €24,854 | +€18,707 | +304% |
| Recurring financial charges | 65 | €6,147 | €24,854 | +€18,707 | +304% |
| Profit (loss) for the period before taxes | 9903 | €118,131 | €83,457 | -€34,674 | -29.4% |
| Income taxes | 67/77 | €31,341 | €22,115 | -€9,226 | -29.4% |
| Profit (loss) for the period | 9904 | €86,790 | €61,342 | -€25,448 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,790 | €61,342 | -€25,448 | -29.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.