JSJ BAUDIVINS: 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.
JSJ BAUDIVINS
Largest movements
- Deferred charges and accrued income +€3,786
new in 2025: €3,786
- Receivables within one year -€2,287
down €2,287 (-6.9%), from €33,218 to €30,931
- Short-term financial debts +€8,400
new in 2025: €8,400
- Profit (loss) carried forward -€6,592
down €6,592 (-15.1%), from -€43,774 to -€50,366
- Gross operating margin -€2,517
down €2,517 (-177%), from -€1,422 to -€3,938
- Purchases and services +€2,517
up €2,517 (+177%), from €1,422 to €3,938
- Financial charges +€1,500
up €1,500 (+130%), from €1,153 to €2,654
- Other operating charges -€305
no longer reported in 2025 (was €305)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,384 | €38,883 | +€1,499 | +4.0% |
| Fixed assets | 21/28 | €1,108 | €1,108 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,108 | €1,108 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,099 | €1,099 | = | 0.0% |
| Furniture and vehicles | 24 | €9 | €9 | = | 0.0% |
| Current assets | 29/58 | €36,276 | €37,775 | +€1,499 | +4.1% |
| Stocks and contracts in progress | 3 | €3,058 | €3,058 | = | 0.0% |
| Stocks | 30/36 | €3,058 | €3,058 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,218 | €30,931 | -€2,287 | -6.9% |
| Other amounts receivable | 41 | €33,218 | €30,931 | -€2,287 | -6.9% |
| Deferred charges and accrued income | 490/1 | - | €3,786 | +€3,786 | |
| Total equity and liabilities | 10/49 | €37,384 | €38,883 | +€1,499 | +4.0% |
| Equity | 10/15 | €37,039 | €30,448 | -€6,591 | -17.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €18,813 | €18,814 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | +€0 | 0.0% |
| Legal reserve | 130 | €2,727 | €2,727 | +€0 | 0.0% |
| Distributable reserves | 133 | €16,086 | €16,086 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€43,774 | -€50,366 | -€6,592 | -15.1% |
| Amounts payable | 17/49 | €345 | €8,435 | +€8,090 | +2,344% |
| Amounts payable within one year | 42/48 | €345 | €8,435 | +€8,090 | +2,344% |
| Financial debts | 43 | - | €8,400 | +€8,400 | |
| Credit institutions | 430/8 | - | €8,400 | +€8,400 | |
| Taxes, remuneration and social security | 45 | - | €36 | +€36 | |
| Remuneration and social security | 454/9 | - | €36 | +€36 | |
| Other amounts payable | 47/48 | €345 | - | -€345 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,422 | €3,938 | +€2,517 | +177% |
| Other operating charges | 640/8 | €305 | - | -€305 | |
| Gross operating margin | 9900 | -€1,422 | -€3,938 | -€2,517 | -177% |
| Operating profit (loss) | 9901 | -€1,727 | -€3,938 | -€2,212 | -128% |
| Financial charges | 65/66B | €1,153 | €2,654 | +€1,500 | +130% |
| Recurring financial charges | 65 | €1,153 | €2,654 | +€1,500 | +130% |
| Profit (loss) for the period before taxes | 9903 | -€2,880 | -€6,592 | -€3,712 | -129% |
| Profit (loss) for the period | 9904 | -€2,880 | -€6,592 | -€3,712 | -129% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,880 | -€6,592 | -€3,712 | -129% |
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 24 October 2026 via checked.be.