CJ: 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.
CJ
Largest movements
- Receivables within one year -€18,088
down €18,088 (-3.3%), from €551,918 to €533,830
of which Other amounts receivable: -€19,077
- Cash -€5,961
down €5,961 (-94.6%), from €6,303 to €342
mainly Other debts (-€13,420) and Net result for the year (-€10,780)
- Other debts -€13,420
down €13,420 (-4.8%), from €279,126 to €265,707
- Profit (loss) carried forward -€10,780
down €10,780 (-52.8%), from -€20,417 to -€31,198
- Gross operating margin -€11,945
down €11,945 (-20.2%), from €59,019 to €47,073
- Financial charges -€11,240
down €11,240 (-80.7%), from €13,925 to €2,685
- Other operating charges +€1,813
up €1,813 (+64.2%), from €2,825 to €4,638
- Staff costs +€824
up €824 (+1.7%), from €49,433 to €50,256
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 | €583,719 | €561,655 | -€22,064 | -3.8% |
| Current assets | 29/58 | €583,719 | €561,655 | -€22,064 | -3.8% |
| Stocks and contracts in progress | 3 | €25,497 | €27,482 | +€1,985 | +7.8% |
| Stocks | 30/36 | €25,497 | €27,482 | +€1,985 | +7.8% |
| Amounts receivable within one year | 40/41 | €551,918 | €533,830 | -€18,088 | -3.3% |
| Trade receivables | 40 | €25,603 | €26,592 | +€989 | +3.9% |
| Other amounts receivable | 41 | €526,315 | €507,238 | -€19,077 | -3.6% |
| Cash at bank and in hand | 54/58 | €6,303 | €342 | -€5,961 | -94.6% |
| Total equity and liabilities | 10/49 | €583,719 | €561,655 | -€22,064 | -3.8% |
| Equity | 10/15 | €265,893 | €255,113 | -€10,780 | -4.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €267,311 | €267,311 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €265,411 | €265,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,417 | -€31,198 | -€10,780 | -52.8% |
| Amounts payable | 17/49 | €317,826 | €306,542 | -€11,284 | -3.6% |
| Amounts payable within one year | 42/48 | €317,826 | €306,542 | -€11,284 | -3.6% |
| Financial debts | 43 | - | €4,913 | +€4,913 | |
| Credit institutions | 430/8 | - | €4,913 | +€4,913 | |
| Trade debts | 44 | €16,412 | €15,723 | -€689 | -4.2% |
| Suppliers | 440/4 | €16,412 | €15,723 | -€689 | -4.2% |
| Advances received on contracts in progress | 46 | €178 | €1,730 | +€1,552 | +872.2% |
| Taxes, remuneration and social security | 45 | €22,109 | €18,469 | -€3,640 | -16.5% |
| Taxes | 450/3 | €11,942 | €5,037 | -€6,905 | -57.8% |
| Remuneration and social security | 454/9 | €10,167 | €13,431 | +€3,264 | +32.1% |
| Other amounts payable | 47/48 | €279,126 | €265,707 | -€13,420 | -4.8% |
| Remuneration, social security and pensions | 62 | €49,433 | €50,256 | +€824 | +1.7% |
| Other operating charges | 640/8 | €2,825 | €4,638 | +€1,813 | +64.2% |
| Gross operating margin | 9900 | €59,019 | €47,073 | -€11,945 | -20.2% |
| Operating profit (loss) | 9901 | €6,761 | -€7,821 | -€14,582 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €13,925 | €2,685 | -€11,240 | -80.7% |
| Recurring financial charges | 65 | €13,925 | €2,685 | -€11,240 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,164 | -€10,506 | -€3,342 | -46.7% |
| Income taxes | 67/77 | €150 | €274 | +€124 | +82.8% |
| Profit (loss) for the period | 9904 | -€7,314 | -€10,780 | -€3,466 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,314 | -€10,780 | -€3,466 | -47.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.