CAJU: 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.
CAJU
Largest movements
- Tangible fixed assets -€22,827
down €22,827 (-50.4%), from €45,312 to €22,485
- Cash -€2,002
down €2,002 (-81.0%), from €2,470 to €468
mainly Debts after one year (-€22,000) and Net result for the year (-€16,962)
- Intangible fixed assets -€2,000
down €2,000 (-13.0%), from €15,331 to €13,331
- Deferred charges and accrued income -€1,982
down €1,982 (-99.2%), from €1,998 to €16
- Stocks and contracts -€1,635
down €1,635 (-38.1%), from €4,292 to €2,657
- Debts after one year -€22,000
down €22,000 (-25.6%), from €86,000 to €64,000
- Profit (loss) carried forward -€16,962
down €16,962 (-21.3%), from -€79,465 to -€96,427
- Current portion of long-term debt +€13,343
up €13,343 (+111.2%), from €12,000 to €25,343
- Tax, wage and social debts -€4,580
down €4,580 (-47.7%), from €9,595 to €5,015
of which Remuneration and social security: -€2,595
- Other debts -€3,360
down €3,360 (-9.7%), from €34,556 to €31,196
- Gross operating margin -€13,036
down €13,036 (-22.0%), from €59,268 to €46,232
- Staff costs -€9,335
down €9,335 (-20.8%), from €44,828 to €35,493
- Depreciation -€4,005
down €4,005 (-13.5%), from €29,768 to €25,763
- Financial charges -€1,100
down €1,100 (-81.8%), from €1,344 to €244
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 | €72,828 | €41,309 | -€31,518 | -43.3% |
| Formation expenses | 20 | €2,549 | €1,613 | -€936 | -36.7% |
| Fixed assets | 21/28 | €60,644 | €35,817 | -€24,827 | -40.9% |
| Intangible fixed assets | 21 | €15,331 | €13,331 | -€2,000 | -13.0% |
| Tangible fixed assets | 22/27 | €45,312 | €22,485 | -€22,827 | -50.4% |
| Land and buildings | 22 | €391 | €251 | -€140 | -35.8% |
| Plant, machinery and equipment | 23 | €32,292 | €20,958 | -€11,334 | -35.1% |
| Furniture and vehicles | 24 | €12,630 | €1,276 | -€11,353 | -89.9% |
| Current assets | 29/58 | €9,635 | €3,880 | -€5,756 | -59.7% |
| Stocks and contracts in progress | 3 | €4,292 | €2,657 | -€1,635 | -38.1% |
| Stocks | 30/36 | €4,292 | €2,657 | -€1,635 | -38.1% |
| Amounts receivable within one year | 40/41 | €875 | €738 | -€137 | -15.7% |
| Other amounts receivable | 41 | €875 | €738 | -€137 | -15.7% |
| Cash at bank and in hand | 54/58 | €2,470 | €468 | -€2,002 | -81.0% |
| Deferred charges and accrued income | 490/1 | €1,998 | €16 | -€1,982 | -99.2% |
| Total equity and liabilities | 10/49 | €72,828 | €41,309 | -€31,518 | -43.3% |
| Equity | 10/15 | -€69,465 | -€86,427 | -€16,962 | -24.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,465 | -€96,427 | -€16,962 | -21.3% |
| Amounts payable | 17/49 | €142,293 | €127,736 | -€14,557 | -10.2% |
| Amounts payable after more than one year | 17 | €86,000 | €64,000 | -€22,000 | -25.6% |
| Financial debts | 170/4 | €86,000 | €64,000 | -€22,000 | -25.6% |
| Amounts payable within one year | 42/48 | €56,293 | €63,036 | +€6,743 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €25,343 | +€13,343 | +111.2% |
| Trade debts | 44 | €141 | €1,481 | +€1,341 | +951.5% |
| Suppliers | 440/4 | €141 | €1,481 | +€1,341 | +951.5% |
| Taxes, remuneration and social security | 45 | €9,595 | €5,015 | -€4,580 | -47.7% |
| Taxes | 450/3 | €4,887 | €2,902 | -€1,985 | -40.6% |
| Remuneration and social security | 454/9 | €4,709 | €2,114 | -€2,595 | -55.1% |
| Other amounts payable | 47/48 | €34,556 | €31,196 | -€3,360 | -9.7% |
| Accrued charges and deferred income | 492/3 | - | €700 | +€700 | |
| Remuneration, social security and pensions | 62 | €44,828 | €35,493 | -€9,335 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,768 | €25,763 | -€4,005 | -13.5% |
| Other operating charges | 640/8 | €1,785 | €1,694 | -€91 | -5.1% |
| Gross operating margin | 9900 | €59,268 | €46,232 | -€13,036 | -22.0% |
| Operating profit (loss) | 9901 | -€17,113 | -€16,718 | +€395 | +2.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,344 | €244 | -€1,100 | -81.8% |
| Recurring financial charges | 65 | €1,344 | €244 | -€1,100 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,457 | -€16,962 | +€1,495 | +8.1% |
| Profit (loss) for the period | 9904 | -€18,457 | -€16,962 | +€1,495 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,457 | -€16,962 | +€1,495 | +8.1% |
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 5 October 2026 via checked.be.