CNJ: 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.
CNJ
Largest movements
- Cash +€28,270
up €28,270 (+512.5%), from €5,516 to €33,786
mainly Net result for the year (+€52,515) and Other debts (+€44,772)
- Tangible fixed assets -€24,765
down €24,765 (-14.5%), from €170,353 to €145,588
of which Land and buildings: -€17,809
- Receivables within one year +€18,935
up €18,935 (+162.5%), from €11,651 to €30,585
of which Other amounts receivable: +€22,011
- Other debts +€44,772
up €44,772 (+352.7%), from €12,694 to €57,466
- Debts after one year -€20,756
down €20,756 (-23.3%), from €89,063 to €68,307
- Profit (loss) carried forward +€7,515
up €7,515 (+23.5%), from -€32,019 to -€24,503
- Trade debts -€6,800
down €6,800 (-25.9%), from €26,257 to €19,456
- Tax, wage and social debts -€4,345
down €4,345 (-11.5%), from €37,799 to €33,454
of which Remuneration and social security: -€11,867
- Staff costs -€81,802
down €81,802 (-59.3%), from €137,866 to €56,065
- Taxes +€17,409
up €17,409 (+2663.3%), from €654 to €18,063
- Depreciation +€8,011
up €8,011 (+27.7%), from €28,904 to €36,915
- Other operating charges -€6,084
down €6,084 (-74.0%), from €8,227 to €2,143
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 | €196,472 | €216,378 | +€19,907 | +10.1% |
| Fixed assets | 21/28 | €170,754 | €145,990 | -€24,765 | -14.5% |
| Tangible fixed assets | 22/27 | €170,353 | €145,588 | -€24,765 | -14.5% |
| Land and buildings | 22 | €105,197 | €87,387 | -€17,809 | -16.9% |
| Plant, machinery and equipment | 23 | €14,181 | €20,167 | +€5,986 | +42.2% |
| Furniture and vehicles | 24 | €50,975 | €38,034 | -€12,941 | -25.4% |
| Financial fixed assets | 28 | €402 | €402 | = | 0.0% |
| Current assets | 29/58 | €25,717 | €70,389 | +€44,671 | +173.7% |
| Stocks and contracts in progress | 3 | €4,616 | €2,744 | -€1,872 | -40.6% |
| Stocks | 30/36 | €4,616 | €2,744 | -€1,872 | -40.6% |
| Amounts receivable within one year | 40/41 | €11,651 | €30,585 | +€18,935 | +162.5% |
| Trade receivables | 40 | €7,175 | €4,099 | -€3,077 | -42.9% |
| Other amounts receivable | 41 | €4,476 | €26,487 | +€22,011 | +491.8% |
| Cash at bank and in hand | 54/58 | €5,516 | €33,786 | +€28,270 | +512.5% |
| Deferred charges and accrued income | 490/1 | €3,934 | €3,273 | -€661 | -16.8% |
| Total equity and liabilities | 10/49 | €196,472 | €216,378 | +€19,907 | +10.1% |
| Equity | 10/15 | €9,423 | €16,939 | +€7,515 | +79.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,042 | €29,042 | = | 0.0% |
| Distributable reserves | 133 | €29,042 | €29,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,019 | -€24,503 | +€7,515 | +23.5% |
| Amounts payable | 17/49 | €187,048 | €199,439 | +€12,391 | +6.6% |
| Amounts payable after more than one year | 17 | €89,063 | €68,307 | -€20,756 | -23.3% |
| Financial debts | 170/4 | €89,063 | €68,307 | -€20,756 | -23.3% |
| Amounts payable within one year | 42/48 | €97,985 | €131,132 | +€33,147 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €21,236 | €20,756 | -€480 | -2.3% |
| Trade debts | 44 | €26,257 | €19,456 | -€6,800 | -25.9% |
| Suppliers | 440/4 | €26,257 | €19,456 | -€6,800 | -25.9% |
| Taxes, remuneration and social security | 45 | €37,799 | €33,454 | -€4,345 | -11.5% |
| Taxes | 450/3 | €15,827 | €23,349 | +€7,522 | +47.5% |
| Remuneration and social security | 454/9 | €21,972 | €10,105 | -€11,867 | -54.0% |
| Other amounts payable | 47/48 | €12,694 | €57,466 | +€44,772 | +352.7% |
| Remuneration, social security and pensions | 62 | €137,866 | €56,065 | -€81,802 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,904 | €36,915 | +€8,011 | +27.7% |
| Other operating charges | 640/8 | €8,227 | €2,143 | -€6,084 | -74.0% |
| Non-recurring operating charges | 66A | €2,425 | - | -€2,425 | |
| Gross operating margin | 9900 | €174,987 | €173,834 | -€1,153 | -0.7% |
| Operating profit (loss) | 9901 | -€2,435 | €78,711 | +€81,146 | |
| Financial income | 75/76B | €220 | €277 | +€56 | +25.5% |
| Recurring financial income | 75 | €220 | €277 | +€56 | +25.5% |
| Financial charges | 65/66B | €8,669 | €8,410 | -€259 | -3.0% |
| Recurring financial charges | 65 | €8,669 | €8,410 | -€259 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,884 | €70,578 | +€81,462 | |
| Income taxes | 67/77 | €654 | €18,063 | +€17,409 | +2663.3% |
| Profit (loss) for the period | 9904 | -€11,537 | €52,515 | +€64,053 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,537 | €52,515 | +€64,053 |
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 30 September 2026 via checked.be.