C&J 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.
C&J MANAGEMENT
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€85,583
up €85,583 (+58.8%), from €145,514 to €231,097
mainly Current investments (+€100,000) and Tax, wage and social debts (+€3,705)
- Deferred charges and accrued income -€3,433
down €3,433 (-33.0%), from €10,414 to €6,981
- Reserves -€14,828
down €14,828 (-4.9%), from €301,677 to €286,849
- Other debts -€6,335
down €6,335 (-88.0%), from €7,201 to €865
- Short-term financial debts -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts +€3,705
new in 2025: €3,705
of which Taxes: +€2,707
- Financial income -€278,809
down €278,809 (-98.9%), from €281,911 to €3,101
- Gross operating margin -€33,762
down €33,762, from €21,263 to -€12,499
- Taxes -€3,910
down €3,910 (-91.4%), from €4,276 to €366
- Depreciation +€1,497
up €1,497 (+298%), from €503 to €2,000
- Financial charges +€1,423
up €1,423 (+483%), from €295 to €1,717
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 | €334,351 | €312,189 | -€22,161 | -6.6% |
| Fixed assets | 21/28 | €44,860 | €42,860 | -€2,000 | -4.5% |
| Tangible fixed assets | 22/27 | €9,497 | €7,497 | -€2,000 | -21.1% |
| Plant, machinery and equipment | 23 | €9,497 | €7,497 | -€2,000 | -21.1% |
| Financial fixed assets | 28 | €35,363 | €35,363 | = | 0.0% |
| Current assets | 29/58 | €289,490 | €269,329 | -€20,161 | -7.0% |
| Amounts receivable within one year | 40/41 | €33,562 | €31,250 | -€2,312 | -6.9% |
| Trade receivables | 40 | €6,232 | €5,168 | -€1,064 | -17.1% |
| Other amounts receivable | 41 | €27,330 | €26,083 | -€1,248 | -4.6% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €145,514 | €231,097 | +€85,583 | +58.8% |
| Deferred charges and accrued income | 490/1 | €10,414 | €6,981 | -€3,433 | -33.0% |
| Total equity and liabilities | 10/49 | €334,351 | €312,189 | -€22,161 | -6.6% |
| Equity | 10/15 | €320,463 | €305,635 | -€14,828 | -4.6% |
| Contributions | 10/11 | €18,786 | €18,786 | = | 0.0% |
| Reserves | 13 | €301,677 | €286,849 | -€14,828 | -4.9% |
| Distributable reserves | 133 | €301,677 | €286,849 | -€14,828 | -4.9% |
| Amounts payable | 17/49 | €13,887 | €6,554 | -€7,333 | -52.8% |
| Amounts payable within one year | 42/48 | €13,887 | €6,554 | -€7,333 | -52.8% |
| Financial debts | 43 | €6,000 | - | -€6,000 | |
| Other loans | 439 | €6,000 | - | -€6,000 | |
| Trade debts | 44 | €687 | €1,984 | +€1,298 | +189% |
| Suppliers | 440/4 | €687 | €1,984 | +€1,298 | +189% |
| Taxes, remuneration and social security | 45 | - | €3,705 | +€3,705 | |
| Taxes | 450/3 | - | €2,707 | +€2,707 | |
| Remuneration and social security | 454/9 | - | €998 | +€998 | |
| Other amounts payable | 47/48 | €7,201 | €865 | -€6,335 | -88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €2,000 | +€1,497 | +298% |
| Other operating charges | 640/8 | €1,592 | €1,348 | -€244 | -15.3% |
| Non-recurring operating charges | 66A | €4,440 | - | -€4,440 | |
| Gross operating margin | 9900 | €21,263 | -€12,499 | -€33,762 | |
| Operating profit (loss) | 9901 | €14,729 | -€15,847 | -€30,576 | |
| Financial income | 75/76B | €281,911 | €3,101 | -€278,809 | -98.9% |
| Recurring financial income | 75 | €281,911 | €3,101 | -€278,809 | -98.9% |
| Financial charges | 65/66B | €295 | €1,717 | +€1,423 | +483% |
| Recurring financial charges | 65 | €295 | €1,717 | +€1,423 | +483% |
| Profit (loss) for the period before taxes | 9903 | €296,345 | -€14,463 | -€310,808 | |
| Income taxes | 67/77 | €4,276 | €366 | -€3,910 | -91.4% |
| Profit (loss) for the period | 9904 | €292,069 | -€14,828 | -€306,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €292,069 | -€14,828 | -€306,898 |
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 18 October 2026 via checked.be.