BRJ Management: 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.
BRJ Management
Largest movements
- Receivables within one year +€33,508
up €33,508 (+37.6%), from €89,140 to €122,648
of which Trade receivables: +€32,980
- Stocks and contracts +€15,000
new in 2024: €15,000
- Reserves +€34,366
up €34,366 (+54.8%), from €62,656 to €97,022
- Tax, wage and social debts +€27,931
up €27,931 (+115%), from €24,327 to €52,258
of which Taxes: +€33,926
- Trade debts -€12,350
down €12,350 (-46.0%), from €26,863 to €14,513
- Other debts -€2,088
down €2,088 (-24.9%), from €8,401 to €6,313
- Gross operating margin -€30,788
down €30,788 (-34.2%), from €89,993 to €59,204
- Taxes -€5,044
down €5,044 (-27.5%), from €18,332 to €13,288
- Financial charges +€1,273
up €1,273 (+22.3%), from €5,706 to €6,978
- Other operating charges +€1,088
up €1,088 (+74.8%), from €1,454 to €2,542
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 | €123,247 | €171,106 | +€47,859 | +38.8% |
| Formation expenses | 20 | €512 | €0 | -€512 | -100% |
| Fixed assets | 21/28 | €7,263 | €5,745 | -€1,519 | -20.9% |
| Tangible fixed assets | 22/27 | €7,263 | €5,745 | -€1,519 | -20.9% |
| Furniture and vehicles | 24 | €7,263 | €5,745 | -€1,519 | -20.9% |
| Current assets | 29/58 | €115,471 | €165,361 | +€49,890 | +43.2% |
| Stocks and contracts in progress | 3 | - | €15,000 | +€15,000 | |
| Contracts in progress | 37 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €89,140 | €122,648 | +€33,508 | +37.6% |
| Trade receivables | 40 | €87,600 | €120,580 | +€32,980 | +37.6% |
| Other amounts receivable | 41 | €1,540 | €2,068 | +€528 | +34.3% |
| Cash at bank and in hand | 54/58 | €25,235 | €26,739 | +€1,504 | +6.0% |
| Deferred charges and accrued income | 490/1 | €1,097 | €975 | -€122 | -11.1% |
| Total equity and liabilities | 10/49 | €123,247 | €171,106 | +€47,859 | +38.8% |
| Equity | 10/15 | €63,656 | €98,022 | +€34,366 | +54.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €62,656 | €97,022 | +€34,366 | +54.8% |
| Distributable reserves | 133 | €62,656 | €97,022 | +€34,366 | +54.8% |
| Amounts payable | 17/49 | €59,591 | €73,084 | +€13,493 | +22.6% |
| Amounts payable within one year | 42/48 | €59,591 | €73,084 | +€13,493 | +22.6% |
| Trade debts | 44 | €26,863 | €14,513 | -€12,350 | -46.0% |
| Suppliers | 440/4 | €26,863 | €14,513 | -€12,350 | -46.0% |
| Taxes, remuneration and social security | 45 | €24,327 | €52,258 | +€27,931 | +115% |
| Taxes | 450/3 | €18,332 | €52,258 | +€33,926 | +185% |
| Remuneration and social security | 454/9 | €5,995 | €0 | -€5,995 | -100% |
| Other amounts payable | 47/48 | €8,401 | €6,313 | -€2,088 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,846 | €2,031 | +€185 | +10.0% |
| Other operating charges | 640/8 | €1,454 | €2,542 | +€1,088 | +74.8% |
| Gross operating margin | 9900 | €89,993 | €59,204 | -€30,788 | -34.2% |
| Operating profit (loss) | 9901 | €86,693 | €54,632 | -€32,061 | -37.0% |
| Financial charges | 65/66B | €5,706 | €6,978 | +€1,273 | +22.3% |
| Recurring financial charges | 65 | €5,706 | €6,978 | +€1,273 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €80,987 | €47,654 | -€33,334 | -41.2% |
| Income taxes | 67/77 | €18,332 | €13,288 | -€5,044 | -27.5% |
| Profit (loss) for the period | 9904 | €62,656 | €34,366 | -€28,290 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,656 | €34,366 | -€28,290 | -45.2% |
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 16 October 2026 via checked.be.