CBJD: 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.
CBJD
Largest movements
- Cash -€25,528
down €25,528 (-48.7%), from €52,376 to €26,848
mainly Net result for the year (-€20,638) and Debts after one year (-€11,794)
- Tangible fixed assets -€10,819
down €10,819 (-11.2%), from €96,561 to €85,742
of which Land and buildings: -€10,687
- Stocks and contracts -€4,810
no longer reported in 2025 (was €4,810)
- Receivables within one year -€3,452
down €3,452 (-67.8%), from €5,089 to €1,637
of which Trade receivables: -€3,422
- Profit (loss) carried forward -€20,638
down €20,638 (-58.7%), from -€35,159 to -€55,797
- Debts after one year -€11,794
down €11,794 (-28.6%), from €41,221 to €29,427
- Other debts -€10,658
down €10,658 (-9.0%), from €118,960 to €108,301
- Trade debts -€3,989
down €3,989 (-93.1%), from €4,284 to €295
- Gross operating margin -€17,380
down €17,380, from €13,342 to -€4,037
- Other operating charges -€2,089
down €2,089 (-39.3%), from €5,311 to €3,222
- Financial charges -€484
down €484 (-19.3%), from €2,501 to €2,017
- Depreciation -€235
down €235 (-2.1%), from €11,336 to €11,102
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 | €160,806 | €115,226 | -€45,580 | -28.3% |
| Fixed assets | 21/28 | €97,581 | €86,479 | -€11,102 | -11.4% |
| Intangible fixed assets | 21 | €937 | €655 | -€283 | -30.2% |
| Tangible fixed assets | 22/27 | €96,561 | €85,742 | -€10,819 | -11.2% |
| Land and buildings | 22 | €96,132 | €85,446 | -€10,687 | -11.1% |
| Furniture and vehicles | 24 | €428 | €296 | -€133 | -30.9% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €63,225 | €28,747 | -€34,478 | -54.5% |
| Stocks and contracts in progress | 3 | €4,810 | - | -€4,810 | |
| Stocks | 30/36 | €4,810 | - | -€4,810 | |
| Amounts receivable within one year | 40/41 | €5,089 | €1,637 | -€3,452 | -67.8% |
| Trade receivables | 40 | €5,059 | €1,637 | -€3,422 | -67.6% |
| Other amounts receivable | 41 | €30 | - | -€30 | |
| Cash at bank and in hand | 54/58 | €52,376 | €26,848 | -€25,528 | -48.7% |
| Deferred charges and accrued income | 490/1 | €950 | €262 | -€688 | -72.4% |
| Total equity and liabilities | 10/49 | €160,806 | €115,226 | -€45,580 | -28.3% |
| Equity | 10/15 | -€16,559 | -€37,197 | -€20,638 | -124.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,159 | -€55,797 | -€20,638 | -58.7% |
| Amounts payable | 17/49 | €177,365 | €152,423 | -€24,942 | -14.1% |
| Amounts payable after more than one year | 17 | €41,221 | €29,427 | -€11,794 | -28.6% |
| Financial debts | 170/4 | €41,221 | €29,427 | -€11,794 | -28.6% |
| Amounts payable within one year | 42/48 | €135,993 | €122,851 | -€13,141 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €12,421 | €12,529 | +€107 | +0.9% |
| Trade debts | 44 | €4,284 | €295 | -€3,989 | -93.1% |
| Suppliers | 440/4 | €4,284 | €295 | -€3,989 | -93.1% |
| Taxes, remuneration and social security | 45 | €327 | €1,726 | +€1,399 | +427.6% |
| Taxes | 450/3 | €327 | €1,726 | +€1,399 | +427.6% |
| Other amounts payable | 47/48 | €118,960 | €108,301 | -€10,658 | -9.0% |
| Accrued charges and deferred income | 492/3 | €151 | €144 | -€7 | -4.4% |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,336 | €11,102 | -€235 | -2.1% |
| Other operating charges | 640/8 | €5,311 | €3,222 | -€2,089 | -39.3% |
| Non-recurring operating charges | 66A | - | €119 | +€119 | |
| Gross operating margin | 9900 | €13,342 | -€4,037 | -€17,380 | |
| Operating profit (loss) | 9901 | -€3,306 | -€18,480 | -€15,175 | -459.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,501 | €2,017 | -€484 | -19.3% |
| Recurring financial charges | 65 | €2,501 | €2,017 | -€484 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,806 | -€20,497 | -€14,691 | -253.0% |
| Income taxes | 67/77 | €151 | €141 | -€10 | -6.6% |
| Profit (loss) for the period | 9904 | -€5,957 | -€20,638 | -€14,681 | -246.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,957 | -€20,638 | -€14,681 | -246.4% |
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 30 September 2026 via checked.be.