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PJ PROPERTIES: 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.

What changed

PJ PROPERTIES

BE 0780.526.831
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,414
2024 · €8,098-€11,512
Equity
€973,691
2024 · €977,105-€3,414
Cash
€540,537
2024 · €536,792+€3,745
Balance sheet total
€973,691
2024 · €977,218-€3,527

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Financial income -€11,737

        no longer reported in 2025 (was €11,737)

      • Taxes -€992

        no longer reported in 2025 (was €992)

      • Gross operating margin -€764

        down €764 (-56.1%), from -€1,364 to -€2,128

      • Financial charges +€72

        up €72 (+47.1%), from €153 to €226

      • Other operating charges -€69

        down €69 (-6.1%), from €1,130 to €1,060

      From the 2024 result to the 2025 result

      effect on the 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.

      Result 2024 €8,098
      Gross operating margin -€764
      Other operating charges +€69
      Financial income -€11,737
      Financial charges -€72
      Taxes +€992
      Result 2025 -€3,414

      Cash bridge derived

      cash 2024 to 2025

      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.

      From operations +€3,745
      Investment €0
      Financing €0
      Cash 2024 €536,792
      Net result for the year -€3,414
      Receivables within one year +€2,529
      Deferred charges and accrued income +€4,743
      Trade debts -€100
      Accrued charges and deferred income -€13
      Cash 2025 €540,537
      Every line side by side 30 lines
      Line Code 2024 2025 Change %
      Total assets 20/58 €977,218 €973,691 -€3,527 -0.4%
      Fixed assets 21/28 €433,155 €433,155 = 0.0%
      Financial fixed assets 28 €433,155 €433,155 = 0.0%
      Current assets 29/58 €544,063 €540,537 -€3,527 -0.6%
      Amounts receivable within one year 40/41 €2,529 - -€2,529
      Other amounts receivable 41 €2,529 - -€2,529
      Cash at bank and in hand 54/58 €536,792 €540,537 +€3,745 +0.7%
      Deferred charges and accrued income 490/1 €4,743 - -€4,743
      Total equity and liabilities 10/49 €977,218 €973,691 -€3,527 -0.4%
      Equity 10/15 €977,105 €973,691 -€3,414 -0.3%
      Contributions 10/11 €523,230 €523,230 = 0.0%
      Reserves 13 €453,876 €450,462 -€3,414 -0.8%
      Tax-exempt reserves 132 €59,956 €59,956 = 0.0%
      Distributable reserves 133 €393,920 €390,506 -€3,414 -0.9%
      Amounts payable 17/49 €113 - -€113
      Amounts payable within one year 42/48 €100 - -€100
      Trade debts 44 €100 - -€100
      Suppliers 440/4 €100 - -€100
      Accrued charges and deferred income 492/3 €13 - -€13
      Other operating charges 640/8 €1,130 €1,060 -€69 -6.1%
      Gross operating margin 9900 -€1,364 -€2,128 -€764 -56.1%
      Operating profit (loss) 9901 -€2,493 -€3,189 -€695 -27.9%
      Financial income 75/76B €11,737 - -€11,737
      Recurring financial income 75 €11,737 - -€11,737
      Financial charges 65/66B €153 €226 +€72 +47.1%
      Recurring financial charges 65 €153 €226 +€72 +47.1%
      Profit (loss) for the period before taxes 9903 €9,090 -€3,414 -€12,504
      Income taxes 67/77 €992 - -€992
      Profit (loss) for the period 9904 €8,098 -€3,414 -€11,512
      Profit (loss) for the period to be appropriated 9905 €8,098 -€3,414 -€11,512

      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 10 October 2026 via checked.be.