CJC: 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.
CJC
Largest movements
- Receivables within one year -€66,431
down €66,431 (-56.7%), from €117,088 to €50,657
of which Trade receivables: -€69,000
- Cash +€2,287
up €2,287 (+63.9%), from €3,578 to €5,865
mainly Receivables within one year (+€66,431) and Trade debts (+€4,085)
- Tangible fixed assets -€2,203
down €2,203 (-39.8%), from €5,539 to €3,336
of which Furniture and vehicles: -€2,174
- Other debts -€40,000
no longer reported in 2025 (was €40,000)
- Profit (loss) carried forward -€12,290
down €12,290 (-55.7%), from €22,072 to €9,782
- Reserves -€10,000
no longer reported in 2025 (was €10,000)
- Short-term financial debts -€9,000
down €9,000 (-16.7%), from €54,000 to €45,000
- Trade debts +€4,085
up €4,085 (+543.6%), from €752 to €4,837
- Gross operating margin -€88,117
down €88,117, from €83,030 to -€5,087
- Taxes -€16,836
down €16,836 (-92.9%), from €18,130 to €1,294
- Other operating charges +€1,282
up €1,282 (+76.2%), from €1,683 to €2,965
- Financial income +€913
up €913 (+58.8%), from €1,553 to €2,466
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 | €151,529 | €85,369 | -€66,159 | -43.7% |
| Fixed assets | 21/28 | €29,539 | €27,336 | -€2,203 | -7.5% |
| Tangible fixed assets | 22/27 | €5,539 | €3,336 | -€2,203 | -39.8% |
| Plant, machinery and equipment | 23 | €29 | - | -€29 | |
| Furniture and vehicles | 24 | €5,510 | €3,336 | -€2,174 | -39.5% |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €121,990 | €58,033 | -€63,956 | -52.4% |
| Amounts receivable within one year | 40/41 | €117,088 | €50,657 | -€66,431 | -56.7% |
| Trade receivables | 40 | €69,000 | - | -€69,000 | |
| Other amounts receivable | 41 | €48,088 | €50,657 | +€2,569 | +5.3% |
| Cash at bank and in hand | 54/58 | €3,578 | €5,865 | +€2,287 | +63.9% |
| Deferred charges and accrued income | 490/1 | €1,324 | €1,511 | +€187 | +14.2% |
| Total equity and liabilities | 10/49 | €151,529 | €85,369 | -€66,159 | -43.7% |
| Equity | 10/15 | €50,622 | €28,332 | -€22,290 | -44.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €22,072 | €9,782 | -€12,290 | -55.7% |
| Amounts payable | 17/49 | €100,907 | €57,037 | -€43,869 | -43.5% |
| Amounts payable within one year | 42/48 | €99,289 | €56,684 | -€42,605 | -42.9% |
| Financial debts | 43 | €54,000 | €45,000 | -€9,000 | -16.7% |
| Credit institutions | 430/8 | €54,000 | €45,000 | -€9,000 | -16.7% |
| Trade debts | 44 | €752 | €4,837 | +€4,085 | +543.6% |
| Suppliers | 440/4 | €752 | €4,837 | +€4,085 | +543.6% |
| Taxes, remuneration and social security | 45 | €4,537 | €6,847 | +€2,310 | +50.9% |
| Taxes | 450/3 | €4,537 | €6,847 | +€2,310 | +50.9% |
| Other amounts payable | 47/48 | €40,000 | - | -€40,000 | |
| Accrued charges and deferred income | 492/3 | €1,618 | €353 | -€1,265 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,389 | €2,203 | -€186 | -7.8% |
| Other operating charges | 640/8 | €1,683 | €2,965 | +€1,282 | +76.2% |
| Gross operating margin | 9900 | €83,030 | -€5,087 | -€88,117 | |
| Operating profit (loss) | 9901 | €78,958 | -€10,255 | -€89,214 | |
| Financial income | 75/76B | €1,553 | €2,466 | +€913 | +58.8% |
| Recurring financial income | 75 | €1,553 | €2,466 | +€913 | +58.8% |
| Financial charges | 65/66B | €3,219 | €3,207 | -€12 | -0.4% |
| Recurring financial charges | 65 | €3,219 | €3,207 | -€12 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €77,292 | -€10,996 | -€88,288 | |
| Income taxes | 67/77 | €18,130 | €1,294 | -€16,836 | -92.9% |
| Profit (loss) for the period | 9904 | €59,162 | -€12,290 | -€71,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,162 | -€12,290 | -€71,452 |
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.