NJA ACTIVITES: 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.
NJA ACTIVITES
Largest movements
- Tangible fixed assets -€6,799
down €6,799 (-82.5%), from €8,238 to €1,439
of which Furniture and vehicles: -€6,789
- Cash +€6,444
up €6,444 (+107%), from €6,008 to €12,452
mainly Other debts (+€8,033) and Depreciation (+€7,801)
- Deferred charges and accrued income +€5,485
up €5,485 (+239%), from €2,291 to €7,776
- Receivables within one year +€455
up €455 (+157%), from €289 to €744
of which Other amounts receivable: +€744
- Intangible fixed assets -€408
down €408 (-25.2%), from €1,616 to €1,208
- Other debts +€8,033
up €8,033 (+47,788%), from €17 to €8,050
- Reserves -€4,295
down €4,295 (-13.9%), from €30,944 to €26,649
of which Tax-exempt reserves: -€4,295
- Tax, wage and social debts +€2,886
up €2,886 (+512%), from €564 to €3,450
- Provisions -€1,432
no longer reported in 2025 (was €1,432)
- Gross operating margin +€29,496
up €29,496, from -€12,934 to €16,561
- Depreciation -€7,539
down €7,539 (-49.1%), from €15,340 to €7,801
- Other operating charges +€240
up €240 (+11.2%), from €2,143 to €2,383
- Taxes -€179
down €179 (-31.8%), from €564 to €385
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 | €18,442 | €23,619 | +€5,177 | +28.1% |
| Fixed assets | 21/28 | €9,854 | €2,648 | -€7,206 | -73.1% |
| Intangible fixed assets | 21 | €1,616 | €1,208 | -€408 | -25.2% |
| Tangible fixed assets | 22/27 | €8,238 | €1,439 | -€6,799 | -82.5% |
| Plant, machinery and equipment | 23 | €504 | €494 | -€10 | -2.0% |
| Furniture and vehicles | 24 | €7,734 | €945 | -€6,789 | -87.8% |
| Current assets | 29/58 | €8,589 | €20,972 | +€12,383 | +144% |
| Amounts receivable within one year | 40/41 | €289 | €744 | +€455 | +157% |
| Trade receivables | 40 | €289 | - | -€289 | |
| Other amounts receivable | 41 | - | €744 | +€744 | |
| Cash at bank and in hand | 54/58 | €6,008 | €12,452 | +€6,444 | +107% |
| Deferred charges and accrued income | 490/1 | €2,291 | €7,776 | +€5,485 | +239% |
| Total equity and liabilities | 10/49 | €18,442 | €23,619 | +€5,177 | +28.1% |
| Equity | 10/15 | €16,430 | €12,013 | -€4,417 | -26.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,944 | €26,649 | -€4,295 | -13.9% |
| Tax-exempt reserves | 132 | €4,295 | - | -€4,295 | |
| Distributable reserves | 133 | €26,649 | €26,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,106 | -€33,228 | -€122 | -0.4% |
| Provisions and deferred taxes | 16 | €1,432 | - | -€1,432 | |
| Deferred taxes | 168 | €1,432 | - | -€1,432 | |
| Amounts payable | 17/49 | €581 | €11,607 | +€11,026 | +1,898% |
| Amounts payable within one year | 42/48 | €581 | €11,607 | +€11,026 | +1,898% |
| Trade debts | 44 | - | €107 | +€107 | |
| Suppliers | 440/4 | - | €107 | +€107 | |
| Taxes, remuneration and social security | 45 | €564 | €3,450 | +€2,886 | +512% |
| Taxes | 450/3 | €564 | €3,450 | +€2,886 | +512% |
| Other amounts payable | 47/48 | €17 | €8,050 | +€8,033 | +47,788% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,340 | €7,801 | -€7,539 | -49.1% |
| Other operating charges | 640/8 | €2,143 | €2,383 | +€240 | +11.2% |
| Non-recurring operating charges | 66A | - | €181 | +€181 | |
| Gross operating margin | 9900 | -€12,934 | €16,561 | +€29,496 | |
| Operating profit (loss) | 9901 | -€30,417 | €6,197 | +€36,614 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €166 | €161 | -€5 | -3.0% |
| Recurring financial charges | 65 | €166 | €161 | -€5 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,581 | €6,036 | +€36,618 | |
| Transfer from deferred taxes | 780 | €1,702 | €1,432 | -€270 | -15.9% |
| Income taxes | 67/77 | €564 | €385 | -€179 | -31.8% |
| Profit (loss) for the period | 9904 | -€29,444 | €7,083 | +€36,527 | |
| Transfer from tax-exempt reserves | 789 | €5,106 | €4,295 | -€811 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,338 | €11,378 | +€35,716 |
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 31 October 2026 via checked.be.