CJ: 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.
CJ
Largest movements
- Tangible fixed assets +€15,825
new in 2025: €15,825
- Receivables within one year -€3,890
down €3,890 (-65.4%), from €5,947 to €2,056
of which Trade receivables: -€5,266
- Cash +€3,123
up €3,123 (+855.2%), from €365 to €3,489
mainly Debts after one year (+€17,500) and Net result for the year (+€5,166)
- Intangible fixed assets -€1,234
down €1,234 (-21.3%), from €5,785 to €4,551
- Formation expenses -€411
down €411 (-25.6%), from €1,606 to €1,195
- Debts after one year +€17,500
new in 2025: €17,500
- Other debts -€5,465
down €5,465 (-90.1%), from €6,066 to €600
- Profit (loss) carried forward +€5,166
up €5,166, from -€2,209 to €2,958
- Trade debts -€4,612
down €4,612 (-95.2%), from €4,846 to €234
- Tax, wage and social debts +€739
new in 2025: €739
- Gross operating margin +€7,994
up €7,994, from -€24 to €7,970
- Depreciation +€1,055
up €1,055 (+126.7%), from €832 to €1,887
- Taxes +€739
new in 2025: €739
- Write-downs -€625
down €625 (-83.5%), from €748 to €123
- Financial charges -€392
down €392 (-87.9%), from €446 to €54
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 | €13,703 | €27,116 | +€13,413 | +97.9% |
| Formation expenses | 20 | €1,606 | €1,195 | -€411 | -25.6% |
| Fixed assets | 21/28 | €5,785 | €20,375 | +€14,591 | +252.2% |
| Intangible fixed assets | 21 | €5,785 | €4,551 | -€1,234 | -21.3% |
| Tangible fixed assets | 22/27 | - | €15,825 | +€15,825 | |
| Furniture and vehicles | 24 | - | €15,825 | +€15,825 | |
| Current assets | 29/58 | €6,312 | €5,545 | -€767 | -12.2% |
| Amounts receivable within one year | 40/41 | €5,947 | €2,056 | -€3,890 | -65.4% |
| Trade receivables | 40 | €5,491 | €226 | -€5,266 | -95.9% |
| Other amounts receivable | 41 | €455 | €1,830 | +€1,375 | +302.3% |
| Cash at bank and in hand | 54/58 | €365 | €3,489 | +€3,123 | +855.2% |
| Total equity and liabilities | 10/49 | €13,703 | €27,116 | +€13,413 | +97.9% |
| Equity | 10/15 | €2,791 | €7,958 | +€5,166 | +185.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,209 | €2,958 | +€5,166 | |
| Amounts payable | 17/49 | €10,911 | €19,158 | +€8,247 | +75.6% |
| Amounts payable after more than one year | 17 | - | €17,500 | +€17,500 | |
| Other amounts payable | 178/9 | - | €17,500 | +€17,500 | |
| Amounts payable within one year | 42/48 | €10,911 | €1,573 | -€9,338 | -85.6% |
| Trade debts | 44 | €4,846 | €234 | -€4,612 | -95.2% |
| Suppliers | 440/4 | €4,846 | €234 | -€4,612 | -95.2% |
| Taxes, remuneration and social security | 45 | - | €739 | +€739 | |
| Taxes | 450/3 | - | €739 | +€739 | |
| Other amounts payable | 47/48 | €6,066 | €600 | -€5,465 | -90.1% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832 | €1,887 | +€1,055 | +126.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €748 | €123 | -€625 | -83.5% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€24 | €7,970 | +€7,994 | |
| Operating profit (loss) | 9901 | -€1,989 | €5,960 | +€7,949 | |
| Financial income | 75/76B | €227 | - | -€227 | |
| Recurring financial income | 75 | €227 | - | -€227 | |
| Financial charges | 65/66B | €446 | €54 | -€392 | -87.9% |
| Recurring financial charges | 65 | €446 | €54 | -€392 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,209 | €5,906 | +€8,114 | |
| Income taxes | 67/77 | - | €739 | +€739 | |
| Profit (loss) for the period | 9904 | -€2,209 | €5,166 | +€7,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,209 | €5,166 | +€7,375 |
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 8 October 2026 via checked.be.