SJ Concept: 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.
SJ Concept
Largest movements
- Receivables within one year +€6,099
up €6,099 (+22.1%), from €27,551 to €33,650
of which Trade receivables: +€6,059
- Cash -€800
down €800 (-84.6%), from €946 to €145
mainly Receivables within one year (-€6,099) and Other debts (-€650)
- Profit (loss) carried forward +€4,319
up €4,319 (+33.8%), from €12,771 to €17,090
- Tax, wage and social debts +€1,630
up €1,630 (+42.7%), from €3,817 to €5,448
- Other debts -€650
down €650 (-16.7%), from €3,884 to €3,234
- Gross operating margin -€8,288
down €8,288 (-56.1%), from €14,766 to €6,478
- Taxes -€2,046
down €2,046 (-55.9%), from €3,664 to €1,618
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 | €28,497 | €33,796 | +€5,299 | +18.6% |
| Current assets | 29/58 | €28,497 | €33,796 | +€5,299 | +18.6% |
| Amounts receivable within one year | 40/41 | €27,551 | €33,650 | +€6,099 | +22.1% |
| Trade receivables | 40 | €27,500 | €33,559 | +€6,059 | +22.0% |
| Other amounts receivable | 41 | €51 | €91 | +€40 | +79.0% |
| Cash at bank and in hand | 54/58 | €946 | €145 | -€800 | -84.6% |
| Total equity and liabilities | 10/49 | €28,497 | €33,796 | +€5,299 | +18.6% |
| Equity | 10/15 | €20,796 | €25,114 | +€4,319 | +20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,825 | €1,825 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,825 | €1,825 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,825 | €1,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,771 | €17,090 | +€4,319 | +33.8% |
| Amounts payable | 17/49 | €7,701 | €8,681 | +€980 | +12.7% |
| Amounts payable within one year | 42/48 | €7,701 | €8,681 | +€980 | +12.7% |
| Taxes, remuneration and social security | 45 | €3,817 | €5,448 | +€1,630 | +42.7% |
| Taxes | 450/3 | €3,817 | €5,448 | +€1,630 | +42.7% |
| Other amounts payable | 47/48 | €3,884 | €3,234 | -€650 | -16.7% |
| Gross operating margin | 9900 | €14,766 | €6,478 | -€8,288 | -56.1% |
| Operating profit (loss) | 9901 | €14,766 | €6,478 | -€8,288 | -56.1% |
| Financial charges | 65/66B | €461 | €541 | +€80 | +17.3% |
| Recurring financial charges | 65 | €461 | €541 | +€80 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €14,304 | €5,936 | -€8,368 | -58.5% |
| Income taxes | 67/77 | €3,664 | €1,618 | -€2,046 | -55.9% |
| Profit (loss) for the period | 9904 | €10,640 | €4,319 | -€6,322 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,640 | €4,319 | -€6,322 | -59.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.