JOURNEE BART: 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.
JOURNEE BART
Largest movements
- Cash +€2.8m
up €2.8m (+204.1%), from €1.4m to €4.2m
mainly Current investments (+€2.2m) and Net result for the year (+€738,289)
- Current investments -€2.2m
no longer reported in 2025 (was €2.2m)
- Reserves +€736,623
up €736,623 (+21.1%), from €3.5m to €4.2m
- Tax, wage and social debts -€68,190
down €68,190 (-65.9%), from €103,458 to €35,268
- Financial income -€404,307
down €404,307 (-44.1%), from €917,578 to €513,271
- Gross operating margin +€29,549
up €29,549 (+7.3%), from €402,093 to €431,642
- Taxes -€24,318
down €24,318 (-11.2%), from €216,268 to €191,950
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 | €3,599,495 | €4,269,609 | +€670,113 | +18.6% |
| Fixed assets | 21/28 | €35,444 | €24,469 | -€10,975 | -31.0% |
| Tangible fixed assets | 22/27 | €35,444 | €24,469 | -€10,975 | -31.0% |
| Furniture and vehicles | 24 | €35,444 | €24,469 | -€10,975 | -31.0% |
| Current assets | 29/58 | €3,564,051 | €4,245,140 | +€681,088 | +19.1% |
| Amounts receivable within one year | 40/41 | €3,757 | €5,098 | +€1,341 | +35.7% |
| Trade receivables | 40 | €3,757 | €5,098 | +€1,341 | +35.7% |
| Current investments | 50/53 | €2,163,745 | - | -€2.2m | |
| Cash at bank and in hand | 54/58 | €1,393,300 | €4,236,329 | +€2.8m | +204.1% |
| Deferred charges and accrued income | 490/1 | €3,249 | €3,712 | +€463 | +14.2% |
| Total equity and liabilities | 10/49 | €3,599,495 | €4,269,609 | +€670,113 | +18.6% |
| Equity | 10/15 | €3,492,069 | €4,228,692 | +€736,623 | +21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,485,869 | €4,222,492 | +€736,623 | +21.1% |
| Distributable reserves | 133 | €3,485,869 | €4,222,492 | +€736,623 | +21.1% |
| Amounts payable | 17/49 | €107,426 | €40,916 | -€66,510 | -61.9% |
| Amounts payable within one year | 42/48 | €107,426 | €40,916 | -€66,510 | -61.9% |
| Trade debts | 44 | €1,775 | €3,783 | +€2,008 | +113.1% |
| Suppliers | 440/4 | €1,775 | €3,783 | +€2,008 | +113.1% |
| Taxes, remuneration and social security | 45 | €103,458 | €35,268 | -€68,190 | -65.9% |
| Taxes | 450/3 | €103,458 | €35,268 | -€68,190 | -65.9% |
| Other amounts payable | 47/48 | €2,193 | €1,866 | -€327 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,456 | €10,975 | +€2,519 | +29.8% |
| Other operating charges | 640/8 | €5,085 | €3,426 | -€1,660 | -32.6% |
| Gross operating margin | 9900 | €402,093 | €431,642 | +€29,549 | +7.3% |
| Operating profit (loss) | 9901 | €388,551 | €417,241 | +€28,690 | +7.4% |
| Financial income | 75/76B | €917,578 | €513,271 | -€404,307 | -44.1% |
| Recurring financial income | 75 | €917,578 | €513,271 | -€404,307 | -44.1% |
| Financial charges | 65/66B | €131 | €273 | +€142 | +108.1% |
| Recurring financial charges | 65 | €131 | €273 | +€142 | +108.1% |
| Profit (loss) for the period before taxes | 9903 | €1,305,998 | €930,239 | -€375,759 | -28.8% |
| Income taxes | 67/77 | €216,268 | €191,950 | -€24,318 | -11.2% |
| Profit (loss) for the period | 9904 | €1,089,730 | €738,289 | -€351,440 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,089,730 | €738,289 | -€351,440 | -32.3% |
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 9 October 2026 via checked.be.