CJA MANAGEMENT: 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.
CJA MANAGEMENT
Largest movements
- Cash +€74,917
up €74,917 (+42.2%), from €177,542 to €252,459
mainly Net result for the year (+€90,298) and Trade debts (+€19,591)
- Receivables within one year +€29,675
up €29,675 (+152%), from €19,476 to €49,151
of which Trade receivables: +€25,193
- Reserves +€89,465
up €89,465 (+61.3%), from €145,895 to €235,361
- Trade debts +€19,591
up €19,591 (+3,710%), from €528 to €20,119
- Tax, wage and social debts -€5,872
down €5,872 (-11.0%), from €53,312 to €47,440
- Financial income +€3,492
up €3,492 (+2,223%), from €157 to €3,649
- Gross operating margin -€3,274
down €3,274 (-2.4%), from €134,089 to €130,815
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.
Derived cash bridge
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 | €203,068 | €307,127 | +€104,058 | +51.2% |
| Fixed assets | 21/28 | €3,125 | €4,972 | +€1,847 | +59.1% |
| Tangible fixed assets | 22/27 | €3,125 | €4,972 | +€1,847 | +59.1% |
| Plant, machinery and equipment | 23 | - | €3,003 | +€3,003 | |
| Furniture and vehicles | 24 | €3,125 | €1,969 | -€1,156 | -37.0% |
| Current assets | 29/58 | €199,943 | €302,154 | +€102,211 | +51.1% |
| Amounts receivable within one year | 40/41 | €19,476 | €49,151 | +€29,675 | +152% |
| Trade receivables | 40 | €15,032 | €40,225 | +€25,193 | +168% |
| Other amounts receivable | 41 | €4,444 | €8,926 | +€4,482 | +101% |
| Cash at bank and in hand | 54/58 | €177,542 | €252,459 | +€74,917 | +42.2% |
| Deferred charges and accrued income | 490/1 | €2,926 | €545 | -€2,381 | -81.4% |
| Total equity and liabilities | 10/49 | €203,068 | €307,127 | +€104,058 | +51.2% |
| Equity | 10/15 | €148,395 | €237,861 | +€89,465 | +60.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €145,895 | €235,361 | +€89,465 | +61.3% |
| Distributable reserves | 133 | €145,895 | €235,361 | +€89,465 | +61.3% |
| Amounts payable | 17/49 | €54,673 | €69,266 | +€14,593 | +26.7% |
| Amounts payable within one year | 42/48 | €54,673 | €68,391 | +€13,718 | +25.1% |
| Trade debts | 44 | €528 | €20,119 | +€19,591 | +3,710% |
| Suppliers | 440/4 | €528 | €20,119 | +€19,591 | +3,710% |
| Taxes, remuneration and social security | 45 | €53,312 | €47,440 | -€5,872 | -11.0% |
| Taxes | 450/3 | €53,312 | €47,440 | -€5,872 | -11.0% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €875 | +€875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | €1,724 | +€752 | +77.4% |
| Other operating charges | 640/8 | €316 | €66 | -€251 | -79.2% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €134,089 | €130,815 | -€3,274 | -2.4% |
| Operating profit (loss) | 9901 | €132,802 | €128,962 | -€3,839 | -2.9% |
| Financial income | 75/76B | €157 | €3,649 | +€3,492 | +2,223% |
| Recurring financial income | 75 | €157 | €3,649 | +€3,492 | +2,223% |
| Financial charges | 65/66B | €5,181 | €4,425 | -€756 | -14.6% |
| Recurring financial charges | 65 | €5,181 | €4,425 | -€756 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €127,778 | €128,187 | +€409 | +0.3% |
| Income taxes | 67/77 | €37,824 | €37,888 | +€64 | +0.2% |
| Profit (loss) for the period | 9904 | €89,954 | €90,298 | +€345 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,954 | €90,298 | +€345 | +0.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.