CJV EQUIPMENT: 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.
CJV EQUIPMENT
Largest movements
- Tangible fixed assets +€165,558
new in 2025: €165,558
of which Leasing and similar rights: +€107,183
- Stocks and contracts -€29,762
no longer reported in 2025 (was €29,762)
- Receivables within one year +€22,459
up €22,459 (+31.1%), from €72,151 to €94,610
of which Trade receivables: +€12,346
- Cash +€5,673
up €5,673 (+34.1%), from €16,616 to €22,289
mainly Other debts (+€87,838) and Debts after one year (+€65,737)
- Other debts +€87,838
new in 2025: €87,838
- Debts after one year +€65,737
new in 2025: €65,737
- Trade debts -€55,299
down €55,299 (-89.4%), from €61,850 to €6,551
- Reserves +€39,941
up €39,941 (+164%), from €24,300 to €64,241
- Current portion of long-term debt +€19,455
new in 2025: €19,455
- Gross operating margin +€81,207
up €81,207 (+1,744%), from €4,657 to €85,865
- Depreciation +€16,108
new in 2025: €16,108
- Taxes +€15,544
up €15,544 (+22,521%), from €69 to €15,613
- Staff costs +€10,198
new in 2025: €10,198
- Financial charges +€2,957
up €2,957 (+373%), from €794 to €3,751
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 | €118,529 | €282,456 | +€163,928 | +138% |
| Fixed assets | 21/28 | - | €165,558 | +€165,558 | |
| Tangible fixed assets | 22/27 | - | €165,558 | +€165,558 | |
| Plant, machinery and equipment | 23 | - | €58,375 | +€58,375 | |
| Leasing and similar rights | 25 | - | €107,183 | +€107,183 | |
| Current assets | 29/58 | €118,529 | €116,899 | -€1,630 | -1.4% |
| Stocks and contracts in progress | 3 | €29,762 | - | -€29,762 | |
| Stocks | 30/36 | €29,762 | - | -€29,762 | |
| Amounts receivable within one year | 40/41 | €72,151 | €94,610 | +€22,459 | +31.1% |
| Trade receivables | 40 | €66,426 | €78,771 | +€12,346 | +18.6% |
| Other amounts receivable | 41 | €5,725 | €15,839 | +€10,113 | +177% |
| Cash at bank and in hand | 54/58 | €16,616 | €22,289 | +€5,673 | +34.1% |
| Total equity and liabilities | 10/49 | €118,529 | €282,456 | +€163,928 | +138% |
| Equity | 10/15 | €42,081 | €82,022 | +€39,941 | +94.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,300 | €64,241 | +€39,941 | +164% |
| Distributable reserves | 133 | €24,300 | €64,241 | +€39,941 | +164% |
| Profit (loss) carried forward | 14 | -€819 | -€819 | = | 0.0% |
| Amounts payable | 17/49 | €76,448 | €200,434 | +€123,987 | +162% |
| Amounts payable after more than one year | 17 | - | €65,737 | +€65,737 | |
| Financial debts | 170/4 | - | €65,737 | +€65,737 | |
| Amounts payable within one year | 42/48 | €76,448 | €134,698 | +€58,250 | +76.2% |
| Current portion of amounts payable after more than one year | 42 | - | €19,455 | +€19,455 | |
| Trade debts | 44 | €61,850 | €6,551 | -€55,299 | -89.4% |
| Suppliers | 440/4 | €61,850 | €6,551 | -€55,299 | -89.4% |
| Taxes, remuneration and social security | 45 | €14,598 | €20,854 | +€6,257 | +42.9% |
| Taxes | 450/3 | €8,298 | €16,301 | +€8,003 | +96.5% |
| Remuneration and social security | 454/9 | €6,300 | €4,553 | -€1,747 | -27.7% |
| Other amounts payable | 47/48 | - | €87,838 | +€87,838 | |
| Remuneration, social security and pensions | 62 | - | €10,198 | +€10,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,108 | +€16,108 | |
| Other operating charges | 640/8 | €110 | €253 | +€143 | +130% |
| Gross operating margin | 9900 | €4,657 | €85,865 | +€81,207 | +1,744% |
| Operating profit (loss) | 9901 | €4,547 | €59,305 | +€54,758 | +1,204% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €794 | €3,751 | +€2,957 | +373% |
| Recurring financial charges | 65 | €794 | €3,751 | +€2,957 | +373% |
| Profit (loss) for the period before taxes | 9903 | €3,754 | €55,554 | +€51,801 | +1,380% |
| Income taxes | 67/77 | €69 | €15,613 | +€15,544 | +22,521% |
| Profit (loss) for the period | 9904 | €3,685 | €39,941 | +€36,257 | +984% |
| Profit (loss) for the period to be appropriated | 9905 | €3,685 | €39,941 | +€36,257 | +984% |
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 22 October 2026 via checked.be.