BJPO: 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.
BJPO
Largest movements
- Receivables within one year -€24,883
down €24,883 (-29.9%), from €83,249 to €58,366
of which Trade receivables: -€18,570
- Deferred charges and accrued income -€15,741
down €15,741 (-86.8%), from €18,140 to €2,399
- Cash +€12,286
up €12,286 (+148%), from €8,313 to €20,599
mainly Receivables within one year (+€24,883) and Deferred charges and accrued income (+€15,741)
- Tangible fixed assets +€12,274
up €12,274 (+54.2%), from €22,635 to €34,908
of which Furniture and vehicles: +€14,501
- Stocks and contracts -€5,430
down €5,430 (-9.4%), from €57,885 to €52,455
- Profit (loss) carried forward -€22,566
down €22,566 (-37.8%), from €59,666 to €37,100
- Trade debts +€14,488
up €14,488 (+32.9%), from €44,046 to €58,534
- Current portion of long-term debt -€9,288
down €9,288 (-75.7%), from €12,263 to €2,975
- Debts after one year -€2,602
no longer reported in 2025 (was €2,602)
- Staff costs -€20,407
down €20,407 (-17.9%), from €113,869 to €93,462
- Gross operating margin +€15,059
up €15,059 (+20.7%), from €72,765 to €87,824
- Depreciation -€4,633
down €4,633 (-25.1%), from €18,476 to €13,843
- Financial charges -€1,040
down €1,040 (-41.4%), from €2,513 to €1,473
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 | €193,472 | €171,477 | -€21,995 | -11.4% |
| Fixed assets | 21/28 | €25,884 | €37,658 | +€11,774 | +45.5% |
| Intangible fixed assets | 21 | €3,249 | €2,749 | -€500 | -15.4% |
| Tangible fixed assets | 22/27 | €22,635 | €34,908 | +€12,274 | +54.2% |
| Plant, machinery and equipment | 23 | €1,423 | €646 | -€777 | -54.6% |
| Furniture and vehicles | 24 | €18,963 | €33,464 | +€14,501 | +76.5% |
| Leasing and similar rights | 25 | €2,249 | €799 | -€1,450 | -64.5% |
| Current assets | 29/58 | €167,588 | €133,819 | -€33,769 | -20.1% |
| Stocks and contracts in progress | 3 | €57,885 | €52,455 | -€5,430 | -9.4% |
| Stocks | 30/36 | €57,885 | €52,455 | -€5,430 | -9.4% |
| Amounts receivable within one year | 40/41 | €83,249 | €58,366 | -€24,883 | -29.9% |
| Trade receivables | 40 | €76,314 | €57,744 | -€18,570 | -24.3% |
| Other amounts receivable | 41 | €6,936 | €622 | -€6,313 | -91.0% |
| Cash at bank and in hand | 54/58 | €8,313 | €20,599 | +€12,286 | +148% |
| Deferred charges and accrued income | 490/1 | €18,140 | €2,399 | -€15,741 | -86.8% |
| Total equity and liabilities | 10/49 | €193,472 | €171,477 | -€21,995 | -11.4% |
| Equity | 10/15 | €84,666 | €62,100 | -€22,566 | -26.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,666 | €37,100 | -€22,566 | -37.8% |
| Amounts payable | 17/49 | €108,805 | €109,377 | +€572 | +0.5% |
| Amounts payable after more than one year | 17 | €2,602 | - | -€2,602 | |
| Financial debts | 170/4 | €2,602 | - | -€2,602 | |
| Amounts payable within one year | 42/48 | €106,203 | €109,377 | +€3,174 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €12,263 | €2,975 | -€9,288 | -75.7% |
| Trade debts | 44 | €44,046 | €58,534 | +€14,488 | +32.9% |
| Suppliers | 440/4 | €44,046 | €58,534 | +€14,488 | +32.9% |
| Taxes, remuneration and social security | 45 | €29,218 | €28,208 | -€1,010 | -3.5% |
| Taxes | 450/3 | €25,114 | €21,152 | -€3,962 | -15.8% |
| Remuneration and social security | 454/9 | €4,104 | €7,056 | +€2,951 | +71.9% |
| Other amounts payable | 47/48 | €20,676 | €19,660 | -€1,016 | -4.9% |
| Remuneration, social security and pensions | 62 | €113,869 | €93,462 | -€20,407 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,476 | €13,843 | -€4,633 | -25.1% |
| Other operating charges | 640/8 | €1,208 | €1,668 | +€460 | +38.1% |
| Gross operating margin | 9900 | €72,765 | €87,824 | +€15,059 | +20.7% |
| Operating profit (loss) | 9901 | -€60,788 | -€21,150 | +€39,638 | +65.2% |
| Financial income | 75/76B | €312 | €62 | -€250 | -80.1% |
| Recurring financial income | 75 | €312 | €62 | -€250 | -80.1% |
| Financial charges | 65/66B | €2,513 | €1,473 | -€1,040 | -41.4% |
| Recurring financial charges | 65 | €2,513 | €1,473 | -€1,040 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | -€62,990 | -€22,561 | +€40,429 | +64.2% |
| Income taxes | 67/77 | €64 | €5 | -€59 | -92.2% |
| Profit (loss) for the period | 9904 | -€63,054 | -€22,566 | +€40,488 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,054 | -€22,566 | +€40,488 | +64.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.