GLOBAL FORCES BJORKMAN: 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.
GLOBAL FORCES BJORKMAN
Largest movements
- Cash +€210,950
up €210,950 (+634%), from €33,266 to €244,216
mainly Current investments (+€200,000) and Depreciation (+€18,991)
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets -€16,245
down €16,245 (-22.2%), from €73,298 to €57,053
of which Furniture and vehicles: -€14,977
- Current portion of long-term debt -€11,228
no longer reported in 2025 (was €11,228)
- Reserves +€10,101
up €10,101 (+3.3%), from €305,213 to €315,314
of which Distributable reserves: +€10,101
- Gross operating margin -€21,245
down €21,245 (-41.3%), from €51,443 to €30,199
- Taxes -€5,189
down €5,189 (-49.9%), from €10,405 to €5,215
- Financial income +€1,539
up €1,539 (+32.9%), from €4,679 to €6,218
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 | €339,502 | €335,154 | -€4,348 | -1.3% |
| Fixed assets | 21/28 | €73,363 | €57,118 | -€16,245 | -22.1% |
| Tangible fixed assets | 22/27 | €73,298 | €57,053 | -€16,245 | -22.2% |
| Furniture and vehicles | 24 | €63,745 | €48,768 | -€14,977 | -23.5% |
| Other tangible fixed assets | 26 | €9,554 | €8,285 | -€1,268 | -13.3% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €266,139 | €278,035 | +€11,896 | +4.5% |
| Amounts receivable within one year | 40/41 | €30,347 | €28,876 | -€1,471 | -4.8% |
| Trade receivables | 40 | €28,348 | €27,226 | -€1,122 | -4.0% |
| Other amounts receivable | 41 | €1,999 | €1,650 | -€349 | -17.5% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €33,266 | €244,216 | +€210,950 | +634% |
| Deferred charges and accrued income | 490/1 | €2,526 | €4,943 | +€2,417 | +95.7% |
| Total equity and liabilities | 10/49 | €339,502 | €335,154 | -€4,348 | -1.3% |
| Equity | 10/15 | €317,613 | €327,714 | +€10,101 | +3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €305,213 | €315,314 | +€10,101 | +3.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €303,353 | €313,454 | +€10,101 | +3.3% |
| Amounts payable | 17/49 | €21,889 | €7,439 | -€14,450 | -66.0% |
| Amounts payable within one year | 42/48 | €20,689 | €6,239 | -€14,450 | -69.8% |
| Current portion of amounts payable after more than one year | 42 | €11,228 | - | -€11,228 | |
| Trade debts | 44 | €1,219 | €695 | -€523 | -42.9% |
| Suppliers | 440/4 | €1,219 | €695 | -€523 | -42.9% |
| Taxes, remuneration and social security | 45 | €8,160 | €5,544 | -€2,616 | -32.1% |
| Taxes | 450/3 | €8,160 | €5,544 | -€2,616 | -32.1% |
| Other amounts payable | 47/48 | €82 | - | -€82 | |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,380 | €18,991 | -€389 | -2.0% |
| Other operating charges | 640/8 | €562 | €502 | -€60 | -10.7% |
| Non-recurring operating charges | 66A | €396 | €1,145 | +€749 | +189% |
| Gross operating margin | 9900 | €51,443 | €30,199 | -€21,245 | -41.3% |
| Operating profit (loss) | 9901 | €31,105 | €9,561 | -€21,545 | -69.3% |
| Financial income | 75/76B | €4,679 | €6,218 | +€1,539 | +32.9% |
| Recurring financial income | 75 | €4,679 | €6,218 | +€1,539 | +32.9% |
| Financial charges | 65/66B | €406 | €463 | +€56 | +13.9% |
| Recurring financial charges | 65 | €406 | €463 | +€56 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €35,378 | €15,317 | -€20,062 | -56.7% |
| Income taxes | 67/77 | €10,405 | €5,215 | -€5,189 | -49.9% |
| Profit (loss) for the period | 9904 | €24,974 | €10,101 | -€14,873 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,974 | €10,101 | -€14,873 | -59.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.