C.J.C. SYSTEMS: 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.C. SYSTEMS
Largest movements
- Intangible fixed assets +€49,008
up €49,008 (+389.5%), from €12,583 to €61,591
- Receivables within one year +€31,549
up €31,549 (+13.4%), from €235,518 to €267,067
of which Trade receivables: +€25,014
- Deferred charges and accrued income +€16,465
up €16,465 (+132.5%), from €12,426 to €28,891
- Cash -€16,085
down €16,085 (-5.0%), from €319,534 to €303,449
mainly Investment in fixed assets (net) (-€61,824) and Receivables within one year (-€31,549)
- Stocks and contracts +€15,624
up €15,624 (+1.8%), from €857,853 to €873,477
- Trade debts +€74,882
up €74,882 (+29.5%), from €254,212 to €329,094
- Reserves +€24,173
up €24,173 (+2.1%), from €1.1m to €1.2m
of which Distributable reserves: +€24,173
- Gross operating margin -€64,754
down €64,754 (-21.5%), from €301,063 to €236,309
- Taxes -€21,700
down €21,700 (-76.0%), from €28,557 to €6,857
- Staff costs +€3,967
up €3,967 (+2.2%), from €183,684 to €187,651
- Financial income -€3,282
down €3,282 (-65.7%), from €4,993 to €1,711
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 | €1,444,433 | €1,544,344 | +€99,910 | +6.9% |
| Fixed assets | 21/28 | €19,102 | €71,459 | +€52,357 | +274.1% |
| Intangible fixed assets | 21 | €12,583 | €61,591 | +€49,008 | +389.5% |
| Tangible fixed assets | 22/27 | €6,519 | €9,868 | +€3,349 | +51.4% |
| Land and buildings | 22 | €4,233 | €8,747 | +€4,514 | +106.6% |
| Furniture and vehicles | 24 | €2,286 | €1,121 | -€1,165 | -51.0% |
| Current assets | 29/58 | €1,425,331 | €1,472,885 | +€47,553 | +3.3% |
| Stocks and contracts in progress | 3 | €857,853 | €873,477 | +€15,624 | +1.8% |
| Stocks | 30/36 | €857,853 | €873,477 | +€15,624 | +1.8% |
| Amounts receivable within one year | 40/41 | €235,518 | €267,067 | +€31,549 | +13.4% |
| Trade receivables | 40 | €204,225 | €229,238 | +€25,014 | +12.2% |
| Other amounts receivable | 41 | €31,293 | €37,828 | +€6,535 | +20.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €319,534 | €303,449 | -€16,085 | -5.0% |
| Deferred charges and accrued income | 490/1 | €12,426 | €28,891 | +€16,465 | +132.5% |
| Total equity and liabilities | 10/49 | €1,444,433 | €1,544,344 | +€99,910 | +6.9% |
| Equity | 10/15 | €1,146,580 | €1,170,753 | +€24,173 | +2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,127,988 | €1,152,161 | +€24,173 | +2.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,126,129 | €1,150,302 | +€24,173 | +2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €297,853 | €373,590 | +€75,737 | +25.4% |
| Amounts payable within one year | 42/48 | €297,744 | €373,590 | +€75,847 | +25.5% |
| Trade debts | 44 | €254,212 | €329,094 | +€74,882 | +29.5% |
| Suppliers | 440/4 | €254,212 | €329,094 | +€74,882 | +29.5% |
| Taxes, remuneration and social security | 45 | €43,532 | €44,497 | +€965 | +2.2% |
| Taxes | 450/3 | €18,843 | €18,981 | +€138 | +0.7% |
| Remuneration and social security | 454/9 | €24,688 | €25,515 | +€827 | +3.4% |
| Accrued charges and deferred income | 492/3 | €110 | €0 | -€110 | -100.0% |
| Remuneration, social security and pensions | 62 | €183,684 | €187,651 | +€3,967 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,529 | €9,467 | +€1,939 | +25.8% |
| Other operating charges | 640/8 | €6,317 | €6,445 | +€128 | +2.0% |
| Gross operating margin | 9900 | €301,063 | €236,309 | -€64,754 | -21.5% |
| Operating profit (loss) | 9901 | €103,533 | €32,745 | -€70,788 | -68.4% |
| Financial income | 75/76B | €4,993 | €1,711 | -€3,282 | -65.7% |
| Recurring financial income | 75 | €4,993 | €1,711 | -€3,282 | -65.7% |
| Financial charges | 65/66B | €2,501 | €3,426 | +€925 | +37.0% |
| Recurring financial charges | 65 | €2,501 | €3,426 | +€925 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €106,025 | €31,030 | -€74,995 | -70.7% |
| Income taxes | 67/77 | €28,557 | €6,857 | -€21,700 | -76.0% |
| Profit (loss) for the period | 9904 | €77,468 | €24,173 | -€53,295 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,468 | €24,173 | -€53,295 | -68.8% |
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 10 October 2026 via checked.be.