S’Jegers Bulk: what changed
What changed
S’Jegers Bulk
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€117,695
2023 · €22,749-€140,444
Equity
€38,015
2023 · €155,710-€117,695
Cash
€43,195
2023 · €21,417+€21,778
Balance sheet total
€4.2m
2023 · €4.9m-€680,674
Largest movements
Assets
- Tangible fixed assets -€789,502
down €789,502 (-35.7%), from €2.2m to €1.4m
of which Leasing and similar rights: -€642,513
- Receivables within one year +€85,112
up €85,112 (+3.3%), from €2.5m to €2.6m
of which Trade receivables: +€234,540
Equity and liabilities
- Debts after one year -€596,987
down €596,987 (-53.4%), from €1.1m to €521,559
- Current portion of long-term debt -€337,955
down €337,955 (-34.1%), from €990,256 to €652,301
- Trade debts +€228,199
up €228,199 (+8.8%), from €2.6m to €2.8m
- Tax, wage and social debts +€143,764
up €143,764 (+518%), from €27,775 to €171,539
of which Taxes: +€127,975
- Profit (loss) carried forward -€117,695
down €117,695 (-95.9%), from €122,710 to €5,015
Income statement
- Gross operating margin -€278,261
down €278,261 (-15.2%), from €1.8m to €1.6m
- Financial charges -€100,411
down €100,411 (-73.2%), from €137,245 to €36,834
- Staff costs -€58,771
down €58,771 (-6.9%), from €851,772 to €793,001
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€22,749
Gross operating margin
-€278,261
Staff costs
+€58,771
Depreciation
-€13,619
Other operating charges
-€7,441
Financial charges
+€100,411
Taxes
-€305
Result 2024
-€117,695
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€978,419
Investment
-€21,699
Financing
-€934,942
Cash 2023
€21,417
From operations (derived)
+€978,419
Net result for the year
-€117,695
Depreciation
+€811,201
Receivables within one year
-€85,112
Deferred charges and accrued income
-€1,938
Trade debts
+€228,199
Tax, wage and social debts
+€143,764
Investment (derived)
-€21,699
Investment in fixed assets (net)
-€21,699
Financing
-€934,942
Debts after one year
-€596,987
Current portion of long-term debt
-€337,955
Cash 2024
€43,195
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,873,907 | €4,193,233 | -€680,674 | -14.0% |
| Fixed assets | 21/28 | €2,216,792 | €1,427,290 | -€789,502 | -35.6% |
| Intangible fixed assets | 21 | €5,688 | €5,688 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,211,054 | €1,421,552 | -€789,502 | -35.7% |
| Plant, machinery and equipment | 23 | €12,271 | €5,231 | -€7,040 | -57.4% |
| Furniture and vehicles | 24 | €294,596 | €157,425 | -€137,171 | -46.6% |
| Leasing and similar rights | 25 | €1,896,770 | €1,254,257 | -€642,513 | -33.9% |
| Other tangible fixed assets | 26 | €7,417 | €4,639 | -€2,778 | -37.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,657,115 | €2,765,943 | +€108,828 | +4.1% |
| Amounts receivable within one year | 40/41 | €2,542,542 | €2,627,654 | +€85,112 | +3.3% |
| Trade receivables | 40 | €2,312,533 | €2,547,073 | +€234,540 | +10.1% |
| Other amounts receivable | 41 | €230,009 | €80,581 | -€149,428 | -65.0% |
| Cash at bank and in hand | 54/58 | €21,417 | €43,195 | +€21,778 | +102% |
| Deferred charges and accrued income | 490/1 | €93,156 | €95,094 | +€1,938 | +2.1% |
| Total equity and liabilities | 10/49 | €4,873,907 | €4,193,233 | -€680,674 | -14.0% |
| Equity | 10/15 | €155,710 | €38,015 | -€117,695 | -75.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,710 | €5,015 | -€117,695 | -95.9% |
| Amounts payable | 17/49 | €4,718,197 | €4,155,218 | -€562,979 | -11.9% |
| Amounts payable after more than one year | 17 | €1,118,546 | €521,559 | -€596,987 | -53.4% |
| Financial debts | 170/4 | €1,118,546 | €521,559 | -€596,987 | -53.4% |
| Amounts payable within one year | 42/48 | €3,599,651 | €3,633,659 | +€34,008 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €990,256 | €652,301 | -€337,955 | -34.1% |
| Trade debts | 44 | €2,581,620 | €2,809,819 | +€228,199 | +8.8% |
| Suppliers | 440/4 | €2,581,620 | €2,809,819 | +€228,199 | +8.8% |
| Taxes, remuneration and social security | 45 | €27,775 | €171,539 | +€143,764 | +518% |
| Taxes | 450/3 | - | €127,975 | +€127,975 | |
| Remuneration and social security | 454/9 | €27,775 | €43,564 | +€15,789 | +56.8% |
| Non-recurring operating income | 76A | - | €22,500 | +€22,500 | |
| Remuneration, social security and pensions | 62 | €851,772 | €793,001 | -€58,771 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797,582 | €811,201 | +€13,619 | +1.7% |
| Other operating charges | 640/8 | €22,389 | €29,830 | +€7,441 | +33.2% |
| Gross operating margin | 9900 | €1,831,737 | €1,553,476 | -€278,261 | -15.2% |
| Operating profit (loss) | 9901 | €159,994 | -€80,556 | -€240,550 | |
| Financial charges | 65/66B | €137,245 | €36,834 | -€100,411 | -73.2% |
| Recurring financial charges | 65 | €137,245 | €36,834 | -€100,411 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €22,749 | -€117,390 | -€140,139 | |
| Income taxes | 67/77 | - | €305 | +€305 | |
| Profit (loss) for the period | 9904 | €22,749 | -€117,695 | -€140,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,749 | -€117,695 | -€140,444 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.