CAJEMY: what changed
Two fiscal 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.
CAJEMY
Largest movements
- Cash +€31,253
up €31,253 (+55.9%), from €55,906 to €87,159
mainly Trade debts (+€21,197) and Depreciation (+€20,937)
- Tangible fixed assets -€20,937
down €20,937 (-12.8%), from €163,682 to €142,745
of which Other tangible fixed assets: -€18,377
- Stocks and contracts -€7,407
down €7,407 (-34.1%), from €21,749 to €14,342
- Receivables within one year -€5,015
down €5,015 (-7.7%), from €65,443 to €60,428
of which Trade receivables: -€5,015
- Profit (loss) carried forward -€30,400
down €30,400 (-13.4%), from €226,050 to €195,650
- Trade debts +€21,197
up €21,197 (+98.2%), from €21,589 to €42,786
- Tax, wage and social debts +€9,189
up €9,189 (+24.0%), from €38,346 to €47,535
of which Remuneration and social security: +€5,969
- Staff costs -€85,694
down €85,694 (-88.4%), from €96,921 to €11,227
- Gross operating margin -€83,003
down €83,003 (-62.6%), from €132,598 to €49,595
- Taxes -€8,426
no longer reported in 2025 (was €8,426)
- Financial charges -€1,775
down €1,775 (-26.6%), from €6,679 to €4,904
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 | €306,780 | €306,769 | -€11 | 0.0% |
| Fixed assets | 21/28 | €163,682 | €142,745 | -€20,937 | -12.8% |
| Tangible fixed assets | 22/27 | €163,682 | €142,745 | -€20,937 | -12.8% |
| Plant, machinery and equipment | 23 | €6,392 | €4,723 | -€1,669 | -26.1% |
| Furniture and vehicles | 24 | €1,387 | €496 | -€891 | -64.2% |
| Other tangible fixed assets | 26 | €155,903 | €137,526 | -€18,377 | -11.8% |
| Current assets | 29/58 | €143,098 | €164,024 | +€20,926 | +14.6% |
| Stocks and contracts in progress | 3 | €21,749 | €14,342 | -€7,407 | -34.1% |
| Stocks | 30/36 | €21,749 | €14,342 | -€7,407 | -34.1% |
| Amounts receivable within one year | 40/41 | €65,443 | €60,428 | -€5,015 | -7.7% |
| Trade receivables | 40 | €59,443 | €54,428 | -€5,015 | -8.4% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,906 | €87,159 | +€31,253 | +55.9% |
| Deferred charges and accrued income | 490/1 | - | €2,095 | +€2,095 | |
| Total equity and liabilities | 10/49 | €306,780 | €306,769 | -€11 | 0.0% |
| Equity | 10/15 | €246,510 | €216,110 | -€30,400 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| 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 | €226,050 | €195,650 | -€30,400 | -13.4% |
| Amounts payable | 17/49 | €60,270 | €90,659 | +€30,389 | +50.4% |
| Amounts payable within one year | 42/48 | €60,270 | €90,659 | +€30,389 | +50.4% |
| Trade debts | 44 | €21,589 | €42,786 | +€21,197 | +98.2% |
| Suppliers | 440/4 | €21,589 | €42,786 | +€21,197 | +98.2% |
| Taxes, remuneration and social security | 45 | €38,346 | €47,535 | +€9,189 | +24.0% |
| Taxes | 450/3 | €19,067 | €22,287 | +€3,220 | +16.9% |
| Remuneration and social security | 454/9 | €19,279 | €25,248 | +€5,969 | +31.0% |
| Other amounts payable | 47/48 | €335 | €338 | +€3 | +0.9% |
| Remuneration, social security and pensions | 62 | €96,921 | €11,227 | -€85,694 | -88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,812 | €20,937 | +€125 | +0.6% |
| Other operating charges | 640/8 | €215 | €103 | -€112 | -52.1% |
| Gross operating margin | 9900 | €132,598 | €49,595 | -€83,003 | -62.6% |
| Operating profit (loss) | 9901 | €14,650 | €17,328 | +€2,678 | +18.3% |
| Financial income | 75/76B | €475 | - | -€475 | |
| Recurring financial income | 75 | €475 | - | -€475 | |
| Financial charges | 65/66B | €6,679 | €4,904 | -€1,775 | -26.6% |
| Recurring financial charges | 65 | €6,679 | €4,904 | -€1,775 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €8,446 | €12,424 | +€3,978 | +47.1% |
| Income taxes | 67/77 | €8,426 | - | -€8,426 | |
| Profit (loss) for the period | 9904 | €20 | €12,424 | +€12,404 | +62020.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20 | €12,424 | +€12,404 | +62020.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.