J. BOXUS: what changed
What changed
J. BOXUS
NACE 47.540, Retail sale of electrical household appliances
filed annual accounts (NBB)
Net result for the year
-€27,692
2025 · €2,780-€30,472
Equity
-€38,085
2025 · -€10,393-€27,692
Cash
€11,502
2025 · €61,701-€50,198
Balance sheet total
€300,785
2025 · €337,177-€36,392
Largest movements
Assets
- Cash -€50,198
down €50,198 (-81.4%), from €61,701 to €11,502
mainly Investment in fixed assets (net) (-€42,380) and Net result for the year (-€27,692)
- Tangible fixed assets +€14,476
up €14,476 (+5.3%), from €274,711 to €289,187
Equity and liabilities
- Profit (loss) carried forward -€27,692
down €27,692 (-22.9%), from -€121,103 to -€148,795
- Debts after one year -€9,791
down €9,791 (-3.2%), from €309,951 to €300,160
of which Financial debts: -€9,791
Income statement
- Gross operating margin -€7,096
down €7,096 (-28.7%), from €24,715 to €17,620
- Depreciation +€3,170
up €3,170 (+12.8%), from €24,734 to €27,904
- Financial charges +€925
up €925 (+6.0%), from €15,360 to €16,285
- Other operating charges +€605
up €605 (+72.2%), from €837 to €1,442
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€2,780
Gross operating margin
-€7,096
Depreciation
-€3,170
Other operating charges
-€605
Financial income
+€154
Financial charges
-€925
Taxes
+€49
Deferred taxes and other
-€18,880
Result 2026
-€27,692
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€627
Investment
-€42,380
Financing
-€8,446
Cash 2025
€61,701
From operations (derived)
+€627
Net result for the year
-€27,692
Depreciation
+€27,904
Receivables within one year
+€669
Trade debts
-€212
Smaller working-capital items
-€42
Investment (derived)
-€42,380
Investment in fixed assets (net)
-€42,380
Financing
-€8,446
Debts after one year
-€9,791
Current portion of long-term debt
+€1,345
Cash 2026
€11,502
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,177 | €300,785 | -€36,392 | -10.8% |
| Fixed assets | 21/28 | €274,711 | €289,187 | +€14,476 | +5.3% |
| Tangible fixed assets | 22/27 | €274,711 | €289,187 | +€14,476 | +5.3% |
| Land and buildings | 22 | €274,711 | €289,187 | +€14,476 | +5.3% |
| Current assets | 29/58 | €62,466 | €11,598 | -€50,868 | -81.4% |
| Amounts receivable within one year | 40/41 | €765 | €95 | -€669 | -87.5% |
| Trade receivables | 40 | €694 | - | -€694 | |
| Other amounts receivable | 41 | €71 | €95 | +€25 | +34.5% |
| Cash at bank and in hand | 54/58 | €61,701 | €11,502 | -€50,198 | -81.4% |
| Total equity and liabilities | 10/49 | €337,177 | €300,785 | -€36,392 | -10.8% |
| Equity | 10/15 | -€10,393 | -€38,085 | -€27,692 | -266% |
| Contributions | 10/11 | €110,521 | €110,521 | = | 0.0% |
| Capital | 10 | €110,521 | €110,521 | = | 0.0% |
| Issued capital | 100 | €110,521 | €110,521 | = | 0.0% |
| Reserves | 13 | €189 | €189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €189 | €189 | = | 0.0% |
| Legal reserve | 130 | €189 | €189 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,103 | -€148,795 | -€27,692 | -22.9% |
| Amounts payable | 17/49 | €347,569 | €338,870 | -€8,699 | -2.5% |
| Amounts payable after more than one year | 17 | €309,951 | €300,160 | -€9,791 | -3.2% |
| Financial debts | 170/4 | €179,951 | €170,160 | -€9,791 | -5.4% |
| Other amounts payable | 178/9 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,618 | €38,709 | +€1,092 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €9,236 | €10,582 | +€1,345 | +14.6% |
| Trade debts | 44 | €411 | €199 | -€212 | -51.5% |
| Suppliers | 440/4 | €411 | €199 | -€212 | -51.5% |
| Taxes, remuneration and social security | 45 | €239 | €259 | +€20 | +8.4% |
| Taxes | 450/3 | €239 | €259 | +€20 | +8.4% |
| Other amounts payable | 47/48 | €27,731 | €27,669 | -€62 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,734 | €27,904 | +€3,170 | +12.8% |
| Other operating charges | 640/8 | €837 | €1,442 | +€605 | +72.2% |
| Gross operating margin | 9900 | €24,715 | €17,620 | -€7,096 | -28.7% |
| Operating profit (loss) | 9901 | -€855 | -€11,726 | -€10,871 | -1,271% |
| Financial income | 75/76B | €164 | €318 | +€154 | +93.5% |
| Recurring financial income | 75 | €164 | €318 | +€154 | +93.5% |
| Financial charges | 65/66B | €15,360 | €16,285 | +€925 | +6.0% |
| Recurring financial charges | 65 | €15,360 | €16,285 | +€925 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,050 | -€27,692 | -€11,642 | -72.5% |
| Transfer from deferred taxes | 780 | €18,880 | - | -€18,880 | |
| Income taxes | 67/77 | €49 | - | -€49 | |
| Profit (loss) for the period | 9904 | €2,780 | -€27,692 | -€30,472 | |
| Transfer from tax-exempt reserves | 789 | €56,639 | - | -€56,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,419 | -€27,692 | -€87,111 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.