E&J: 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.
E&J
Largest movements
- Receivables within one year +€62,228
up €62,228 (+45.9%), from €135,682 to €197,909
of which Trade receivables: +€47,576
- Tangible fixed assets -€3,347
down €3,347 (-65.4%), from €5,115 to €1,768
of which Furniture and vehicles: -€4,333
- Cash +€2,179
new in 2024: €2,179
mainly Net result for the year (+€37,909) and Trade debts (+€14,954)
- Profit (loss) carried forward +€37,909
up €37,909 (+72.6%), from €52,224 to €90,132
- Trade debts +€14,954
up €14,954 (+30.3%), from €49,423 to €64,377
- Short-term financial debts -€13,416
down €13,416 (-71.9%), from €18,666 to €5,250
of which Other loans: -€14,546
- Debts after one year +€12,305
new in 2024: €12,305
- Tax, wage and social debts +€9,309
up €9,309 (+70.6%), from €13,184 to €22,492
of which Taxes: +€6,966
- Staff costs -€18,574
down €18,574 (-55.0%), from €33,745 to €15,171
- Gross operating margin +€16,258
up €16,258 (+32.1%), from €50,599 to €66,857
- Taxes +€7,928
up €7,928 (+242.6%), from €3,268 to €11,195
- Other operating charges -€1,956
down €1,956 (-88.4%), from €2,213 to €257
- Financial charges +€1,650
up €1,650 (+33.6%), from €4,916 to €6,567
of which Non-recurring financial charges: +€1,758
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,497 | €204,556 | +€61,059 | +42.6% |
| Fixed assets | 21/28 | €7,815 | €4,468 | -€3,347 | -42.8% |
| Tangible fixed assets | 22/27 | €5,115 | €1,768 | -€3,347 | -65.4% |
| Plant, machinery and equipment | 23 | €783 | €1,768 | +€985 | +125.9% |
| Furniture and vehicles | 24 | €4,333 | - | -€4,333 | |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €135,682 | €200,088 | +€64,407 | +47.5% |
| Amounts receivable within one year | 40/41 | €135,682 | €197,909 | +€62,228 | +45.9% |
| Trade receivables | 40 | €7,549 | €55,124 | +€47,576 | +630.2% |
| Other amounts receivable | 41 | €128,133 | €142,785 | +€14,652 | +11.4% |
| Cash at bank and in hand | 54/58 | - | €2,179 | +€2,179 | |
| Total equity and liabilities | 10/49 | €143,497 | €204,556 | +€61,059 | +42.6% |
| Equity | 10/15 | €62,224 | €100,132 | +€37,909 | +60.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,224 | €90,132 | +€37,909 | +72.6% |
| Amounts payable | 17/49 | €81,273 | €104,424 | +€23,151 | +28.5% |
| Amounts payable after more than one year | 17 | - | €12,305 | +€12,305 | |
| Financial debts | 170/4 | - | €12,305 | +€12,305 | |
| Amounts payable within one year | 42/48 | €81,273 | €92,119 | +€10,846 | +13.3% |
| Financial debts | 43 | €18,666 | €5,250 | -€13,416 | -71.9% |
| Credit institutions | 430/8 | €4,120 | €5,250 | +€1,130 | +27.4% |
| Other loans | 439 | €14,546 | - | -€14,546 | |
| Trade debts | 44 | €49,423 | €64,377 | +€14,954 | +30.3% |
| Suppliers | 440/4 | €49,423 | €64,377 | +€14,954 | +30.3% |
| Taxes, remuneration and social security | 45 | €13,184 | €22,492 | +€9,309 | +70.6% |
| Taxes | 450/3 | €11,803 | €18,769 | +€6,966 | +59.0% |
| Remuneration and social security | 454/9 | €1,380 | €3,723 | +€2,343 | +169.7% |
| Remuneration, social security and pensions | 62 | €33,745 | €15,171 | -€18,574 | -55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,855 | €711 | -€1,144 | -61.7% |
| Other operating charges | 640/8 | €2,213 | €257 | -€1,956 | -88.4% |
| Gross operating margin | 9900 | €50,599 | €66,857 | +€16,258 | +32.1% |
| Operating profit (loss) | 9901 | €12,786 | €50,718 | +€37,933 | +296.7% |
| Financial income | 75/76B | €6,599 | €4,952 | -€1,647 | -25.0% |
| Recurring financial income | 75 | €6,599 | €4,427 | -€2,172 | -32.9% |
| Non-recurring financial income | 76B | - | €525 | +€525 | |
| Financial charges | 65/66B | €4,916 | €6,567 | +€1,650 | +33.6% |
| Recurring financial charges | 65 | €4,916 | €4,808 | -€108 | -2.2% |
| Non-recurring financial charges | 66B | - | €1,758 | +€1,758 | |
| Profit (loss) for the period before taxes | 9903 | €14,469 | €49,104 | +€34,635 | +239.4% |
| Income taxes | 67/77 | €3,268 | €11,195 | +€7,928 | +242.6% |
| Profit (loss) for the period | 9904 | €11,201 | €37,909 | +€26,708 | +238.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,201 | €37,909 | +€26,708 | +238.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.