C.J.B.D.: 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.
C.J.B.D.
Largest movements
- Tangible fixed assets -€13,059
down €13,059 (-4.6%), from €286,555 to €273,496
of which Land and buildings: -€14,691
- Cash +€10,550
up €10,550 (+35.0%), from €30,173 to €40,723
mainly Depreciation (+€15,650) and Net result for the year (+€13,445)
- Debts after one year -€16,505
no longer reported in 2025 (was €16,505)
- Reserves +€13,445
up €13,445 (+7.8%), from €171,984 to €185,429
of which Distributable reserves: +€21,064
- Tax, wage and social debts +€4,488
up €4,488 (+536.1%), from €837 to €5,326
- Provisions -€3,200
down €3,200 (-4.7%), from €68,725 to €65,525
- Depreciation -€7,789
down €7,789 (-33.2%), from €23,439 to €15,650
- Gross operating margin +€7,023
up €7,023 (+23.0%), from €30,489 to €37,512
- Taxes +€3,742
up €3,742 (+446.9%), from €837 to €4,579
- Financial charges -€765
down €765 (-37.7%), from €2,028 to €1,263
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.
Cash bridge derived
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 | €316,945 | €314,438 | -€2,506 | -0.8% |
| Fixed assets | 21/28 | €286,555 | €273,496 | -€13,059 | -4.6% |
| Tangible fixed assets | 22/27 | €286,555 | €273,496 | -€13,059 | -4.6% |
| Land and buildings | 22 | €283,343 | €268,652 | -€14,691 | -5.2% |
| Plant, machinery and equipment | 23 | €3,211 | €4,844 | +€1,632 | +50.8% |
| Current assets | 29/58 | €30,390 | €40,942 | +€10,552 | +34.7% |
| Amounts receivable within one year | 40/41 | €38 | €30 | -€8 | -20.7% |
| Trade receivables | 40 | €30 | €30 | = | 0.0% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €30,173 | €40,723 | +€10,550 | +35.0% |
| Deferred charges and accrued income | 490/1 | €179 | €190 | +€10 | +5.7% |
| Total equity and liabilities | 10/49 | €316,945 | €314,438 | -€2,506 | -0.8% |
| Equity | 10/15 | €203,218 | €216,663 | +€13,445 | +6.6% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €171,984 | €185,429 | +€13,445 | +7.8% |
| Tax-exempt reserves | 132 | €163,611 | €155,992 | -€7,619 | -4.7% |
| Distributable reserves | 133 | €8,373 | €29,437 | +€21,064 | +251.6% |
| Provisions and deferred taxes | 16 | €68,725 | €65,525 | -€3,200 | -4.7% |
| Deferred taxes | 168 | €68,725 | €65,525 | -€3,200 | -4.7% |
| Amounts payable | 17/49 | €45,001 | €32,250 | -€12,751 | -28.3% |
| Amounts payable after more than one year | 17 | €16,505 | - | -€16,505 | |
| Financial debts | 170/4 | €16,505 | - | -€16,505 | |
| Amounts payable within one year | 42/48 | €26,336 | €30,090 | +€3,754 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €17,240 | €16,505 | -€734 | -4.3% |
| Taxes, remuneration and social security | 45 | €837 | €5,326 | +€4,488 | +536.1% |
| Taxes | 450/3 | €837 | €5,326 | +€4,488 | +536.1% |
| Other amounts payable | 47/48 | €8,259 | €8,259 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,160 | €2,160 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,439 | €15,650 | -€7,789 | -33.2% |
| Other operating charges | 640/8 | €5,882 | €6,070 | +€188 | +3.2% |
| Gross operating margin | 9900 | €30,489 | €37,512 | +€7,023 | +23.0% |
| Operating profit (loss) | 9901 | €1,169 | €15,792 | +€14,623 | +1251.4% |
| Financial income | 75/76B | €54 | €295 | +€241 | +443.3% |
| Recurring financial income | 75 | €54 | €295 | +€241 | +443.3% |
| Financial charges | 65/66B | €2,028 | €1,263 | -€765 | -37.7% |
| Recurring financial charges | 65 | €2,028 | €1,263 | -€765 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€805 | €14,824 | +€15,629 | |
| Transfer from deferred taxes | 780 | €3,200 | €3,200 | = | 0.0% |
| Income taxes | 67/77 | €837 | €4,579 | +€3,742 | +446.9% |
| Profit (loss) for the period | 9904 | €1,558 | €13,445 | +€11,887 | +763.0% |
| Transfer from tax-exempt reserves | 789 | €7,619 | €7,619 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,177 | €21,064 | +€11,887 | +129.5% |
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 9 October 2026 via checked.be.