FJA-OEYEN: 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.
FJA-OEYEN
Largest movements
- Stocks and contracts +€57,355
up €57,355 (+8.7%), from €657,066 to €714,421
- Tangible fixed assets -€52,990
down €52,990 (-22.3%), from €238,136 to €185,146
of which Land and buildings: -€44,673
- Receivables within one year -€45,166
down €45,166 (-65.0%), from €69,538 to €24,372
of which Trade receivables: -€45,166
- Cash -€23,190
down €23,190 (-4.8%), from €486,307 to €463,117
mainly Debts after one year (-€253,333) and Investment in fixed assets (net) (-€72,151)
- Intangible fixed assets +€14,853
new in 2025: €14,853
- Debts after one year -€253,333
down €253,333 (-60.7%), from €417,325 to €163,991
- Other debts +€161,501
up €161,501 (+270%), from €59,898 to €221,399
- Trade debts +€21,895
up €21,895 (+22.5%), from €97,131 to €119,026
- Gross operating margin +€14,661
up €14,661 (+2.9%), from €504,353 to €519,013
- Staff costs +€9,138
up €9,138 (+2.6%), from €351,707 to €360,844
- Other operating charges +€6,578
up €6,578 (+65.4%), from €10,053 to €16,631
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 | €1,469,257 | €1,417,304 | -€51,952 | -3.5% |
| Fixed assets | 21/28 | €238,136 | €200,000 | -€38,136 | -16.0% |
| Intangible fixed assets | 21 | - | €14,853 | +€14,853 | |
| Tangible fixed assets | 22/27 | €238,136 | €185,146 | -€52,990 | -22.3% |
| Land and buildings | 22 | €189,513 | €144,840 | -€44,673 | -23.6% |
| Plant, machinery and equipment | 23 | €2,079 | €0 | -€2,079 | -100% |
| Furniture and vehicles | 24 | €43,661 | €38,888 | -€4,773 | -10.9% |
| Other tangible fixed assets | 26 | €2,884 | €1,418 | -€1,465 | -50.8% |
| Current assets | 29/58 | €1,231,121 | €1,217,305 | -€13,816 | -1.1% |
| Stocks and contracts in progress | 3 | €657,066 | €714,421 | +€57,355 | +8.7% |
| Stocks | 30/36 | €657,066 | €714,421 | +€57,355 | +8.7% |
| Amounts receivable within one year | 40/41 | €69,538 | €24,372 | -€45,166 | -65.0% |
| Trade receivables | 40 | €69,538 | €24,372 | -€45,166 | -65.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €486,307 | €463,117 | -€23,190 | -4.8% |
| Deferred charges and accrued income | 490/1 | €18,209 | €15,395 | -€2,814 | -15.5% |
| Total equity and liabilities | 10/49 | €1,469,257 | €1,417,304 | -€51,952 | -3.5% |
| Equity | 10/15 | €789,974 | €803,751 | +€13,777 | +1.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €728,474 | €742,251 | +€13,777 | +1.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €722,324 | €736,101 | +€13,777 | +1.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €679,283 | €613,553 | -€65,730 | -9.7% |
| Amounts payable after more than one year | 17 | €417,325 | €163,991 | -€253,333 | -60.7% |
| Financial debts | 170/4 | €417,325 | €163,991 | -€253,333 | -60.7% |
| Amounts payable within one year | 42/48 | €261,855 | €449,562 | +€187,707 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €97,131 | €119,026 | +€21,895 | +22.5% |
| Suppliers | 440/4 | €97,131 | €119,026 | +€21,895 | +22.5% |
| Taxes, remuneration and social security | 45 | €71,492 | €75,804 | +€4,311 | +6.0% |
| Taxes | 450/3 | €38,684 | €38,451 | -€233 | -0.6% |
| Remuneration and social security | 454/9 | €32,809 | €37,353 | +€4,544 | +13.9% |
| Other amounts payable | 47/48 | €59,898 | €221,399 | +€161,501 | +270% |
| Accrued charges and deferred income | 492/3 | €104 | €0 | -€104 | -100% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100% |
| Remuneration, social security and pensions | 62 | €351,707 | €360,844 | +€9,138 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,214 | €110,287 | -€1,927 | -1.7% |
| Other operating charges | 640/8 | €10,053 | €16,631 | +€6,578 | +65.4% |
| Gross operating margin | 9900 | €504,353 | €519,013 | +€14,661 | +2.9% |
| Operating profit (loss) | 9901 | €30,379 | €31,251 | +€872 | +2.9% |
| Financial income | 75/76B | €544 | €1,933 | +€1,389 | +255% |
| Recurring financial income | 75 | €544 | €1,933 | +€1,389 | +255% |
| Financial charges | 65/66B | €11,756 | €8,915 | -€2,840 | -24.2% |
| Recurring financial charges | 65 | €11,756 | €8,915 | -€2,840 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €19,168 | €24,269 | +€5,102 | +26.6% |
| Income taxes | 67/77 | €8,709 | €10,492 | +€1,783 | +20.5% |
| Profit (loss) for the period | 9904 | €10,459 | €13,777 | +€3,319 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,459 | €13,777 | +€3,319 | +31.7% |
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 25 October 2026 via checked.be.