GJA GROUP: 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.
GJA GROUP
Largest movements
- Cash -€3,590
down €3,590 (-33.0%), from €10,885 to €7,295
mainly Net result for the year (-€8,062) and Tax, wage and social debts (-€3,841)
- Receivables within one year -€1,810
down €1,810 (-36.2%), from €5,000 to €3,190
- Tangible fixed assets +€334
up €334 (+18.3%), from €1,827 to €2,160
of which Furniture and vehicles: +€410
- Other debts +€6,739
up €6,739 (+454.4%), from €1,483 to €8,222
- Profit (loss) carried forward -€4,401
new in 2025: -€4,401
- Tax, wage and social debts -€3,841
down €3,841 (-51.7%), from €7,433 to €3,593
of which Taxes: -€2,601
- Reserves -€3,661
no longer reported in 2025 (was €3,661)
- Gross operating margin -€11,718
down €11,718, from €5,991 to -€5,727
- Taxes -€2,066
no longer reported in 2025 (was €2,066)
- Write-downs +€1,801
new in 2025: €1,801
- Depreciation +€761
up €761 (+353.7%), from €215 to €976
- Financial income +€504
new in 2025: €504
of which Financial income: +€372
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 | €17,744 | €12,710 | -€5,033 | -28.4% |
| Fixed assets | 21/28 | €1,827 | €2,160 | +€334 | +18.3% |
| Tangible fixed assets | 22/27 | €1,827 | €2,160 | +€334 | +18.3% |
| Plant, machinery and equipment | 23 | €356 | €279 | -€77 | -21.6% |
| Furniture and vehicles | 24 | €1,471 | €1,881 | +€410 | +27.9% |
| Current assets | 29/58 | €15,917 | €10,550 | -€5,367 | -33.7% |
| Amounts receivable within one year | 40/41 | €5,000 | €3,190 | -€1,810 | -36.2% |
| Trade receivables | 40 | €5,000 | €3,190 | -€1,810 | -36.2% |
| Cash at bank and in hand | 54/58 | €10,885 | €7,295 | -€3,590 | -33.0% |
| Deferred charges and accrued income | 490/1 | €32 | €65 | +€33 | +105.8% |
| Total equity and liabilities | 10/49 | €17,744 | €12,710 | -€5,033 | -28.4% |
| Equity | 10/15 | €8,661 | €599 | -€8,062 | -93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,661 | - | -€3,661 | |
| Distributable reserves | 133 | €3,661 | - | -€3,661 | |
| Profit (loss) carried forward | 14 | - | -€4,401 | -€4,401 | |
| Amounts payable | 17/49 | €9,083 | €12,112 | +€3,029 | +33.3% |
| Amounts payable within one year | 42/48 | €9,083 | €12,112 | +€3,029 | +33.3% |
| Trade debts | 44 | €167 | €297 | +€130 | +78.0% |
| Suppliers | 440/4 | €167 | €297 | +€130 | +78.0% |
| Taxes, remuneration and social security | 45 | €7,433 | €3,593 | -€3,841 | -51.7% |
| Taxes | 450/3 | €6,194 | €3,593 | -€2,601 | -42.0% |
| Remuneration and social security | 454/9 | €1,239 | - | -€1,239 | |
| Other amounts payable | 47/48 | €1,483 | €8,222 | +€6,739 | +454.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €976 | +€761 | +353.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,801 | +€1,801 | |
| Gross operating margin | 9900 | €5,991 | -€5,727 | -€11,718 | |
| Operating profit (loss) | 9901 | €5,776 | -€8,504 | -€14,280 | |
| Financial income | 75/76B | - | €504 | +€504 | |
| Recurring financial income | 75 | - | €372 | +€372 | |
| Non-recurring financial income | 76B | - | €132 | +€132 | |
| Financial charges | 65/66B | €50 | €62 | +€12 | +24.6% |
| Recurring financial charges | 65 | €50 | €62 | +€12 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €5,726 | -€8,062 | -€13,788 | |
| Income taxes | 67/77 | €2,066 | - | -€2,066 | |
| Profit (loss) for the period | 9904 | €3,661 | -€8,062 | -€11,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,661 | -€8,062 | -€11,722 |
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.