NJ SOLUTION: 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.
NJ SOLUTION
Largest movements
- Receivables within one year +€26,858
up €26,858 (+212.4%), from €12,644 to €39,502
of which Trade receivables: +€21,206
- Tangible fixed assets +€22,937
up €22,937 (+321.1%), from €7,144 to €30,081
of which Furniture and vehicles: +€23,209
- Stocks and contracts +€4,316
up €4,316 (+50.8%), from €8,494 to €12,810
of which Contracts in progress: +€4,000
- Cash +€2,675
up €2,675 (+50.5%), from €5,299 to €7,974
mainly Debts after one year (+€21,900) and Trade debts (+€16,380)
- Debts after one year +€21,900
new in 2025: €21,900
- Trade debts +€16,380
up €16,380 (+300.7%), from €5,447 to €21,827
- Profit (loss) carried forward +€10,795
up €10,795 (+99.7%), from €10,824 to €21,619
- Tax, wage and social debts +€4,228
up €4,228 (+140.4%), from €3,010 to €7,238
- Other debts +€2,617
up €2,617 (+39.8%), from €6,568 to €9,185
- Gross operating margin +€17,110
up €17,110 (+150.3%), from €11,381 to €28,490
- Depreciation +€3,745
up €3,745 (+65.9%), from €5,680 to €9,425
- Taxes +€2,933
up €2,933 (+214.2%), from €1,369 to €4,302
- Other operating charges +€1,782
new in 2025: €1,782
- Financial charges +€1,137
up €1,137 (+82.9%), from €1,372 to €2,509
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 | €33,582 | €90,367 | +€56,785 | +169.1% |
| Fixed assets | 21/28 | €7,144 | €30,081 | +€22,937 | +321.1% |
| Tangible fixed assets | 22/27 | €7,144 | €30,081 | +€22,937 | +321.1% |
| Plant, machinery and equipment | 23 | €272 | - | -€272 | |
| Furniture and vehicles | 24 | €6,872 | €30,081 | +€23,209 | +337.7% |
| Current assets | 29/58 | €26,438 | €60,286 | +€33,848 | +128.0% |
| Stocks and contracts in progress | 3 | €8,494 | €12,810 | +€4,316 | +50.8% |
| Stocks | 30/36 | €3,494 | €3,810 | +€316 | +9.0% |
| Contracts in progress | 37 | €5,000 | €9,000 | +€4,000 | +80.0% |
| Amounts receivable within one year | 40/41 | €12,644 | €39,502 | +€26,858 | +212.4% |
| Trade receivables | 40 | €11,363 | €32,569 | +€21,206 | +186.6% |
| Other amounts receivable | 41 | €1,281 | €6,933 | +€5,651 | +441.1% |
| Cash at bank and in hand | 54/58 | €5,299 | €7,974 | +€2,675 | +50.5% |
| Total equity and liabilities | 10/49 | €33,582 | €90,367 | +€56,785 | +169.1% |
| Equity | 10/15 | €12,824 | €23,619 | +€10,795 | +84.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,824 | €21,619 | +€10,795 | +99.7% |
| Amounts payable | 17/49 | €20,758 | €66,748 | +€45,990 | +221.6% |
| Amounts payable after more than one year | 17 | - | €21,900 | +€21,900 | |
| Financial debts | 170/4 | - | €21,900 | +€21,900 | |
| Amounts payable within one year | 42/48 | €20,758 | €44,848 | +€24,090 | +116.1% |
| Current portion of amounts payable after more than one year | 42 | €5,732 | €6,597 | +€865 | +15.1% |
| Trade debts | 44 | €5,447 | €21,827 | +€16,380 | +300.7% |
| Suppliers | 440/4 | €5,447 | €21,827 | +€16,380 | +300.7% |
| Taxes, remuneration and social security | 45 | €3,010 | €7,238 | +€4,228 | +140.4% |
| Taxes | 450/3 | €3,010 | €7,238 | +€4,228 | +140.4% |
| Other amounts payable | 47/48 | €6,568 | €9,185 | +€2,617 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,680 | €9,425 | +€3,745 | +65.9% |
| Other operating charges | 640/8 | - | €1,782 | +€1,782 | |
| Gross operating margin | 9900 | €11,381 | €28,490 | +€17,110 | +150.3% |
| Operating profit (loss) | 9901 | €5,701 | €17,283 | +€11,582 | +203.2% |
| Financial income | 75/76B | €0 | €323 | +€322 | +107403.3% |
| Recurring financial income | 75 | €0 | €323 | +€322 | +107403.3% |
| Financial charges | 65/66B | €1,372 | €2,509 | +€1,137 | +82.9% |
| Recurring financial charges | 65 | €1,372 | €2,509 | +€1,137 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | €4,329 | €15,097 | +€10,768 | +248.7% |
| Income taxes | 67/77 | €1,369 | €4,302 | +€2,933 | +214.2% |
| Profit (loss) for the period | 9904 | €2,960 | €10,795 | +€7,835 | +264.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,960 | €10,795 | +€7,835 | +264.7% |
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 6 October 2026 via checked.be.