SJ: what changed
Two fiscal 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.
SJ
Largest movements
- Cash +€7,162
up €7,162 (+134.5%), from €5,324 to €12,486
mainly Tax, wage and social debts (+€9,219) and Accrued charges and deferred income (+€7,527)
- Receivables within one year -€5,955
down €5,955 (-69.4%), from €8,577 to €2,622
- Tangible fixed assets -€2,374
down €2,374 (-32.8%), from €7,238 to €4,864
of which Plant, machinery and equipment: -€2,166
- Deferred charges and accrued income +€452
up €452 (+42.6%), from €1,060 to €1,511
- Profit (loss) carried forward -€10,211
down €10,211 (-59.8%), from -€17,088 to -€27,299
- Tax, wage and social debts +€9,219
up €9,219 (+57.6%), from €16,006 to €25,226
of which Remuneration and social security: +€8,250
- Accrued charges and deferred income +€7,527
new in 2024: €7,527
- Other debts -€5,149
down €5,149 (-60.6%), from €8,493 to €3,344
- Trade debts -€2,246
down €2,246 (-64.3%), from €3,495 to €1,249
- Staff costs +€5,807
up €5,807 (+21.5%), from €26,973 to €32,779
- Gross operating margin -€2,535
down €2,535 (-8.3%), from €30,709 to €28,174
- Other operating charges -€1,531
down €1,531 (-41.2%), from €3,716 to €2,184
- Depreciation -€1,065
down €1,065 (-31.0%), from €3,439 to €2,374
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,249 | €23,389 | -€859 | -3.5% |
| Fixed assets | 21/28 | €7,373 | €4,999 | -€2,374 | -32.2% |
| Tangible fixed assets | 22/27 | €7,238 | €4,864 | -€2,374 | -32.8% |
| Plant, machinery and equipment | 23 | €5,456 | €3,289 | -€2,166 | -39.7% |
| Other tangible fixed assets | 26 | €1,782 | €1,575 | -€208 | -11.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €16,876 | €18,391 | +€1,515 | +9.0% |
| Stocks and contracts in progress | 3 | €1,916 | €1,771 | -€145 | -7.5% |
| Stocks | 30/36 | €1,916 | €1,771 | -€145 | -7.5% |
| Amounts receivable within one year | 40/41 | €8,577 | €2,622 | -€5,955 | -69.4% |
| Other amounts receivable | 41 | €8,577 | €2,622 | -€5,955 | -69.4% |
| Cash at bank and in hand | 54/58 | €5,324 | €12,486 | +€7,162 | +134.5% |
| Deferred charges and accrued income | 490/1 | €1,060 | €1,511 | +€452 | +42.6% |
| Total equity and liabilities | 10/49 | €24,249 | €23,389 | -€859 | -3.5% |
| Equity | 10/15 | -€3,746 | -€13,957 | -€10,211 | -272.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €942 | €942 | = | 0.0% |
| Distributable reserves | 133 | €942 | €942 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,088 | -€27,299 | -€10,211 | -59.8% |
| Amounts payable | 17/49 | €27,995 | €37,346 | +€9,352 | +33.4% |
| Amounts payable within one year | 42/48 | €27,995 | €29,819 | +€1,824 | +6.5% |
| Trade debts | 44 | €3,495 | €1,249 | -€2,246 | -64.3% |
| Suppliers | 440/4 | €3,495 | €1,249 | -€2,246 | -64.3% |
| Taxes, remuneration and social security | 45 | €16,006 | €25,226 | +€9,219 | +57.6% |
| Taxes | 450/3 | €14,227 | €15,196 | +€970 | +6.8% |
| Remuneration and social security | 454/9 | €1,780 | €10,029 | +€8,250 | +463.5% |
| Other amounts payable | 47/48 | €8,493 | €3,344 | -€5,149 | -60.6% |
| Accrued charges and deferred income | 492/3 | - | €7,527 | +€7,527 | |
| Remuneration, social security and pensions | 62 | €26,973 | €32,779 | +€5,807 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,439 | €2,374 | -€1,065 | -31.0% |
| Other operating charges | 640/8 | €3,716 | €2,184 | -€1,531 | -41.2% |
| Gross operating margin | 9900 | €30,709 | €28,174 | -€2,535 | -8.3% |
| Operating profit (loss) | 9901 | -€3,418 | -€9,164 | -€5,745 | -168.1% |
| Financial income | 75/76B | €573 | €508 | -€66 | -11.4% |
| Recurring financial income | 75 | €573 | €508 | -€66 | -11.4% |
| Financial charges | 65/66B | €1,656 | €1,555 | -€101 | -6.1% |
| Recurring financial charges | 65 | €1,656 | €1,555 | -€101 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,501 | -€10,211 | -€5,710 | -126.9% |
| Profit (loss) for the period | 9904 | -€4,501 | -€10,211 | -€5,710 | -126.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,501 | -€10,211 | -€5,710 | -126.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.