CJE: 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.
CJE
Largest movements
- Cash +€52,710
up €52,710 (+52.2%), from €100,945 to €153,656
mainly Net result for the year (+€46,918) and Other debts (+€46,571)
- Tangible fixed assets +€12,883
up €12,883 (+4.2%), from €309,209 to €322,092
of which Land and buildings: +€21,559
- Other debts +€46,571
up €46,571 (+154.7%), from €30,103 to €76,674
- Tax, wage and social debts +€12,761
up €12,761 (+134.8%), from €9,467 to €22,228
- Debts after one year +€4,777
up €4,777 (+1.6%), from €299,463 to €304,240
- Gross operating margin +€54,207
up €54,207 (+142.2%), from €38,124 to €92,331
- Taxes +€11,573
up €11,573 (+175.8%), from €6,584 to €18,158
- Financial charges +€8,882
up €8,882 (+1001.6%), from €887 to €9,769
- Depreciation +€8,118
up €8,118 (+90.5%), from €8,971 to €17,090
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 | €410,548 | €476,357 | +€65,809 | +16.0% |
| Fixed assets | 21/28 | €309,209 | €322,092 | +€12,883 | +4.2% |
| Tangible fixed assets | 22/27 | €309,209 | €322,092 | +€12,883 | +4.2% |
| Land and buildings | 22 | €299,749 | €321,308 | +€21,559 | +7.2% |
| Furniture and vehicles | 24 | €9,460 | €784 | -€8,676 | -91.7% |
| Current assets | 29/58 | €101,339 | €154,266 | +€52,926 | +52.2% |
| Cash at bank and in hand | 54/58 | €100,945 | €153,656 | +€52,710 | +52.2% |
| Deferred charges and accrued income | 490/1 | €394 | €610 | +€216 | +54.9% |
| Total equity and liabilities | 10/49 | €410,548 | €476,357 | +€65,809 | +16.0% |
| Equity | 10/15 | €63,206 | €60,124 | -€3,082 | -4.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,706 | €57,624 | -€3,082 | -5.1% |
| Amounts payable | 17/49 | €347,342 | €416,234 | +€68,891 | +19.8% |
| Amounts payable after more than one year | 17 | €299,463 | €304,240 | +€4,777 | +1.6% |
| Financial debts | 170/4 | €299,463 | €304,240 | +€4,777 | +1.6% |
| Amounts payable within one year | 42/48 | €47,880 | €111,994 | +€64,114 | +133.9% |
| Current portion of amounts payable after more than one year | 42 | €8,152 | €12,565 | +€4,413 | +54.1% |
| Trade debts | 44 | €158 | €526 | +€369 | +234.2% |
| Suppliers | 440/4 | €158 | €526 | +€369 | +234.2% |
| Taxes, remuneration and social security | 45 | €9,467 | €22,228 | +€12,761 | +134.8% |
| Taxes | 450/3 | €9,467 | €22,228 | +€12,761 | +134.8% |
| Other amounts payable | 47/48 | €30,103 | €76,674 | +€46,571 | +154.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,971 | €17,090 | +€8,118 | +90.5% |
| Other operating charges | 640/8 | €808 | €416 | -€392 | -48.5% |
| Gross operating margin | 9900 | €38,124 | €92,331 | +€54,207 | +142.2% |
| Operating profit (loss) | 9901 | €28,344 | €74,825 | +€46,481 | +164.0% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €887 | €9,769 | +€8,882 | +1001.6% |
| Recurring financial charges | 65 | €887 | €9,769 | +€8,882 | +1001.6% |
| Profit (loss) for the period before taxes | 9903 | €27,457 | €65,075 | +€37,618 | +137.0% |
| Income taxes | 67/77 | €6,584 | €18,158 | +€11,573 | +175.8% |
| Profit (loss) for the period | 9904 | €20,873 | €46,918 | +€26,045 | +124.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,873 | €46,918 | +€26,045 | +124.8% |
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 4 October 2026 via checked.be.