BKJ: 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.
BKJ
Largest movements
- Financial fixed assets -€60,000
down €60,000 (-100%), from €60,000 to €0
- Cash +€8,812
up €8,812 (+37.3%), from €23,640 to €32,452
mainly Investment in fixed assets (net) (+€60,000) and Depreciation (+€3,508)
- Tangible fixed assets -€3,508
down €3,508 (-100%), from €3,508 to €0
- Profit (loss) carried forward -€49,582
down €49,582, from €48,128 to -€1,454
- Other debts -€5,142
down €5,142 (-33.9%), from €15,184 to €10,042
- Financial charges +€59,351
up €59,351 (+7,482%), from €793 to €60,144
of which Non-recurring financial charges: +€59,386
- Depreciation -€3,841
down €3,841 (-52.3%), from €7,349 to €3,508
- Taxes +€2,454
up €2,454 (+204%), from €1,203 to €3,657
- Gross operating margin -€663
down €663 (-3.5%), from €19,129 to €18,466
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 | €92,267 | €37,167 | -€55,099 | -59.7% |
| Fixed assets | 21/28 | €63,508 | €0 | -€63,508 | -100% |
| Tangible fixed assets | 22/27 | €3,508 | €0 | -€3,508 | -100% |
| Furniture and vehicles | 24 | €3,508 | €0 | -€3,508 | -100% |
| Financial fixed assets | 28 | €60,000 | €0 | -€60,000 | -100% |
| Current assets | 29/58 | €28,759 | €37,167 | +€8,409 | +29.2% |
| Amounts receivable within one year | 40/41 | €5,119 | €4,347 | -€771 | -15.1% |
| Trade receivables | 40 | €3,321 | €2,550 | -€771 | -23.2% |
| Other amounts receivable | 41 | €1,797 | €1,797 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,640 | €32,452 | +€8,812 | +37.3% |
| Deferred charges and accrued income | 490/1 | - | €368 | +€368 | |
| Total equity and liabilities | 10/49 | €92,267 | €37,167 | -€55,099 | -59.7% |
| Equity | 10/15 | €68,588 | €19,006 | -€49,582 | -72.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,128 | -€1,454 | -€49,582 | |
| Amounts payable | 17/49 | €23,678 | €18,161 | -€5,518 | -23.3% |
| Amounts payable within one year | 42/48 | €23,678 | €18,161 | -€5,518 | -23.3% |
| Trade debts | 44 | €6,832 | €6,501 | -€331 | -4.8% |
| Suppliers | 440/4 | €6,832 | €6,501 | -€331 | -4.8% |
| Taxes, remuneration and social security | 45 | €1,662 | €1,618 | -€44 | -2.7% |
| Taxes | 450/3 | €1,662 | €1,618 | -€44 | -2.7% |
| Other amounts payable | 47/48 | €15,184 | €10,042 | -€5,142 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,349 | €3,508 | -€3,841 | -52.3% |
| Other operating charges | 640/8 | €964 | €912 | -€52 | -5.4% |
| Gross operating margin | 9900 | €19,129 | €18,466 | -€663 | -3.5% |
| Operating profit (loss) | 9901 | €10,815 | €14,045 | +€3,231 | +29.9% |
| Financial income | 75/76B | €55 | €174 | +€119 | +215% |
| Recurring financial income | 75 | €55 | €174 | +€119 | +215% |
| Financial charges | 65/66B | €793 | €60,144 | +€59,351 | +7,482% |
| Recurring financial charges | 65 | €179 | €144 | -€35 | -19.5% |
| Non-recurring financial charges | 66B | €614 | €60,000 | +€59,386 | +9,672% |
| Profit (loss) for the period before taxes | 9903 | €10,077 | -€45,925 | -€56,002 | |
| Income taxes | 67/77 | €1,203 | €3,657 | +€2,454 | +204% |
| Profit (loss) for the period | 9904 | €8,874 | -€49,582 | -€58,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,874 | -€49,582 | -€58,456 |
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 16 October 2026 via checked.be.