S&J Store: 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
S&J Store
NACE 47.621, Retail sale of newspapers and periodicals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€853
2024 · -€18,080+€18,933
Equity
€144,621
2024 · €143,768+€853
Cash
€87,926
2024 · €83,880+€4,046
Balance sheet total
€580,463
2024 · €801,418-€220,955
Largest movements
Assets
- Receivables within one year -€207,669
down €207,669 (-59.3%), from €350,329 to €142,660
of which Trade receivables: -€231,108
- Stocks and contracts -€14,071
down €14,071 (-7.0%), from €201,524 to €187,453
Equity and liabilities
- Trade debts -€151,950
down €151,950 (-31.0%), from €489,982 to €338,032
- Debts after one year -€35,662
down €35,662 (-51.5%), from €69,235 to €33,573
- Accrued charges and deferred income -€28,514
down €28,514 (-78.5%), from €36,302 to €7,789
- Current portion of long-term debt -€8,122
down €8,122 (-18.1%), from €44,752 to €36,629
Income statement
- Gross operating margin +€34,847
up €34,847 (+7.8%), from €445,771 to €480,618
- Staff costs +€14,919
up €14,919 (+3.6%), from €418,275 to €433,193
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.
Result 2024
-€18,080
Gross operating margin
+€34,847
Staff costs
-€14,919
Depreciation
+€251
Other operating charges
+€2,830
Financial income
-€1,639
Financial charges
-€2,437
Result 2025
€853
raises the resultlowers the result
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.
From operations
+€52,668
Investment
-€4,837
Financing
-€43,784
Cash 2024
€83,880
From operations (derived)
+€52,668
Net result for the year
+€853
Depreciation
+€6,086
Stocks and contracts
+€14,071
Receivables within one year
+€207,669
Deferred charges and accrued income
+€2,013
Trade debts
-€151,950
Tax, wage and social debts
+€2,439
Accrued charges and deferred income
-€28,514
Investment (derived)
-€4,837
Investment in fixed assets (net)
-€4,837
Financing
-€43,784
Debts after one year
-€35,662
Current portion of long-term debt
-€8,122
Cash 2025
€87,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €801,418 | €580,463 | -€220,955 | -27.6% |
| Fixed assets | 21/28 | €163,672 | €162,424 | -€1,248 | -0.8% |
| Intangible fixed assets | 21 | €108,546 | €108,546 | = | 0.0% |
| Tangible fixed assets | 22/27 | €54,191 | €52,943 | -€1,248 | -2.3% |
| Land and buildings | 22 | €28,504 | €27,555 | -€949 | -3.3% |
| Plant, machinery and equipment | 23 | €1,453 | €0 | -€1,453 | -100% |
| Furniture and vehicles | 24 | €24,234 | €25,388 | +€1,153 | +4.8% |
| Financial fixed assets | 28 | €936 | €936 | = | 0.0% |
| Current assets | 29/58 | €637,746 | €418,039 | -€219,707 | -34.5% |
| Stocks and contracts in progress | 3 | €201,524 | €187,453 | -€14,071 | -7.0% |
| Stocks | 30/36 | €201,524 | €187,453 | -€14,071 | -7.0% |
| Amounts receivable within one year | 40/41 | €350,329 | €142,660 | -€207,669 | -59.3% |
| Trade receivables | 40 | €235,578 | €4,470 | -€231,108 | -98.1% |
| Other amounts receivable | 41 | €114,750 | €138,190 | +€23,439 | +20.4% |
| Cash at bank and in hand | 54/58 | €83,880 | €87,926 | +€4,046 | +4.8% |
| Deferred charges and accrued income | 490/1 | €2,013 | €0 | -€2,013 | -100% |
| Total equity and liabilities | 10/49 | €801,418 | €580,463 | -€220,955 | -27.6% |
| Equity | 10/15 | €143,768 | €144,621 | +€853 | +0.6% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €3,158 | €3,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,158 | €3,158 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,158 | €3,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,610 | €113,463 | +€853 | +0.8% |
| Amounts payable | 17/49 | €657,650 | €435,842 | -€221,808 | -33.7% |
| Amounts payable after more than one year | 17 | €69,235 | €33,573 | -€35,662 | -51.5% |
| Financial debts | 170/4 | €69,235 | €33,573 | -€35,662 | -51.5% |
| Amounts payable within one year | 42/48 | €552,112 | €394,480 | -€157,633 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €44,752 | €36,629 | -€8,122 | -18.1% |
| Trade debts | 44 | €489,982 | €338,032 | -€151,950 | -31.0% |
| Suppliers | 440/4 | €489,982 | €338,032 | -€151,950 | -31.0% |
| Taxes, remuneration and social security | 45 | €6,375 | €8,814 | +€2,439 | +38.3% |
| Taxes | 450/3 | €5,862 | €0 | -€5,862 | -100% |
| Remuneration and social security | 454/9 | €513 | €8,814 | +€8,301 | +1,618% |
| Other amounts payable | 47/48 | €11,004 | €11,004 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36,302 | €7,789 | -€28,514 | -78.5% |
| Non-recurring operating income | 76A | €8 | €0 | -€8 | -100% |
| Remuneration, social security and pensions | 62 | €418,275 | €433,193 | +€14,919 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,336 | €6,086 | -€251 | -4.0% |
| Other operating charges | 640/8 | €13,670 | €10,840 | -€2,830 | -20.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €445,771 | €480,618 | +€34,847 | +7.8% |
| Operating profit (loss) | 9901 | €7,490 | €30,499 | +€23,009 | +307% |
| Financial income | 75/76B | €1,944 | €305 | -€1,639 | -84.3% |
| Recurring financial income | 75 | €1,944 | €305 | -€1,639 | -84.3% |
| Financial charges | 65/66B | €27,514 | €29,951 | +€2,437 | +8.9% |
| Recurring financial charges | 65 | €27,514 | €29,951 | +€2,437 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,080 | €853 | +€18,933 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€18,080 | €853 | +€18,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,080 | €853 | +€18,933 |
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 13 October 2026 via checked.be.