RJ - BEHEER: 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.
RJ - BEHEER
Largest movements
- Tangible fixed assets +€528,159
up €528,159 (+64.7%), from €816,774 to €1.3m
- Debts after one year +€614,436
new in 2025: €614,436
- Trade debts -€124,537
down €124,537 (-96.5%), from €128,989 to €4,452
- Other debts +€50,000
up €50,000 (+58.4%), from €85,595 to €135,595
- Profit (loss) carried forward -€24,430
new in 2025: -€24,430
- Depreciation +€8,384
up €8,384, from €0 to €8,384
- Financial income -€6,363
down €6,363 (-99.9%), from €6,371 to €8
- Financial charges +€4,123
up €4,123 (+63.0%), from €6,545 to €10,668
- Gross operating margin -€2,145
down €2,145 (-68.0%), from -€3,155 to -€5,300
- Other operating charges -€174
down €174 (-27.4%), from €636 to €462
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 | €830,632 | €1,348,704 | +€518,073 | +62.4% |
| Fixed assets | 21/28 | €816,774 | €1,344,933 | +€528,159 | +64.7% |
| Tangible fixed assets | 22/27 | €816,774 | €1,344,933 | +€528,159 | +64.7% |
| Land and buildings | 22 | €816,774 | €1,344,933 | +€528,159 | +64.7% |
| Current assets | 29/58 | €13,857 | €3,772 | -€10,086 | -72.8% |
| Amounts receivable within one year | 40/41 | €1,911 | €0 | -€1,911 | -100% |
| Other amounts receivable | 41 | €1,911 | €0 | -€1,911 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,946 | €3,772 | -€8,175 | -68.4% |
| Total equity and liabilities | 10/49 | €830,632 | €1,348,704 | +€518,073 | +62.4% |
| Equity | 10/15 | €614,098 | €589,290 | -€24,808 | -4.0% |
| Contributions | 10/11 | €582,000 | €582,000 | = | 0.0% |
| Reserves | 13 | €32,098 | €31,720 | -€378 | -1.2% |
| Distributable reserves | 133 | €32,098 | €31,720 | -€378 | -1.2% |
| Profit (loss) carried forward | 14 | - | -€24,430 | -€24,430 | |
| Amounts payable | 17/49 | €216,534 | €759,414 | +€542,880 | +251% |
| Amounts payable after more than one year | 17 | - | €614,436 | +€614,436 | |
| Financial debts | 170/4 | - | €614,436 | +€614,436 | |
| Amounts payable within one year | 42/48 | €216,534 | €143,233 | -€73,300 | -33.9% |
| Trade debts | 44 | €128,989 | €4,452 | -€124,537 | -96.5% |
| Suppliers | 440/4 | €128,989 | €4,452 | -€124,537 | -96.5% |
| Taxes, remuneration and social security | 45 | €1,950 | €3,187 | +€1,237 | +63.4% |
| Taxes | 450/3 | €1,950 | €3,187 | +€1,237 | +63.4% |
| Other amounts payable | 47/48 | €85,595 | €135,595 | +€50,000 | +58.4% |
| Accrued charges and deferred income | 492/3 | - | €1,745 | +€1,745 | |
| Non-recurring operating income | 76A | €2,475 | €2,673 | +€198 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €8,384 | +€8,384 | |
| Other operating charges | 640/8 | €636 | €462 | -€174 | -27.4% |
| Gross operating margin | 9900 | -€3,155 | -€5,300 | -€2,145 | -68.0% |
| Operating profit (loss) | 9901 | -€3,790 | -€14,146 | -€10,356 | -273% |
| Financial income | 75/76B | €6,371 | €8 | -€6,363 | -99.9% |
| Recurring financial income | 75 | €6,371 | €8 | -€6,363 | -99.9% |
| Financial charges | 65/66B | €6,545 | €10,668 | +€4,123 | +63.0% |
| Recurring financial charges | 65 | €6,545 | €10,668 | +€4,123 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,964 | -€24,805 | -€20,841 | -526% |
| Income taxes | 67/77 | €0 | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€3,964 | -€24,808 | -€20,844 | -526% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,964 | -€24,808 | -€20,844 | -526% |
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 26 October 2026 via checked.be.