SJ INDUSTRY: 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 INDUSTRY
Largest movements
- Stocks and contracts -€10,223
down €10,223 (-76.1%), from €13,435 to €3,212
- Receivables within one year +€5,576
up €5,576 (+52.4%), from €10,638 to €16,214
of which Other amounts receivable: +€3,446
- Cash -€2,723
down €2,723 (-35.2%), from €7,727 to €5,004
mainly Net result for the year (-€9,350) and Receivables within one year (-€5,576)
- Tangible fixed assets +€1,679
up €1,679 (+217.5%), from €772 to €2,452
- Profit (loss) carried forward -€9,350
down €9,350 (-121.4%), from -€7,702 to -€17,052
- Other debts +€4,771
up €4,771 (+16.6%), from €28,680 to €33,450
- Trade debts -€1,231
down €1,231 (-88.5%), from €1,390 to €159
- Gross operating margin -€12,169
down €12,169 (-174.6%), from -€6,968 to -€19,137
- Financial income +€10,623
up €10,623 (+57330.2%), from €19 to €10,642
- Depreciation +€466
up €466 (+861.3%), from €54 to €521
- Other operating charges -€357
no longer reported in 2025 (was €357)
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.
Cash bridge derived
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 | €32,572 | €26,882 | -€5,691 | -17.5% |
| Fixed assets | 21/28 | €772 | €2,452 | +€1,679 | +217.5% |
| Tangible fixed assets | 22/27 | €772 | €2,452 | +€1,679 | +217.5% |
| Furniture and vehicles | 24 | €772 | €2,452 | +€1,679 | +217.5% |
| Current assets | 29/58 | €31,800 | €24,430 | -€7,370 | -23.2% |
| Stocks and contracts in progress | 3 | €13,435 | €3,212 | -€10,223 | -76.1% |
| Stocks | 30/36 | €13,435 | €3,212 | -€10,223 | -76.1% |
| Amounts receivable within one year | 40/41 | €10,638 | €16,214 | +€5,576 | +52.4% |
| Trade receivables | 40 | €9,337 | €11,467 | +€2,130 | +22.8% |
| Other amounts receivable | 41 | €1,302 | €4,747 | +€3,446 | +264.7% |
| Cash at bank and in hand | 54/58 | €7,727 | €5,004 | -€2,723 | -35.2% |
| Total equity and liabilities | 10/49 | €32,572 | €26,882 | -€5,691 | -17.5% |
| Equity | 10/15 | €1,798 | -€7,552 | -€9,350 | |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,702 | -€17,052 | -€9,350 | -121.4% |
| Amounts payable | 17/49 | €30,774 | €34,433 | +€3,659 | +11.9% |
| Amounts payable within one year | 42/48 | €30,774 | €34,433 | +€3,659 | +11.9% |
| Trade debts | 44 | €1,390 | €159 | -€1,231 | -88.5% |
| Suppliers | 440/4 | €1,390 | €159 | -€1,231 | -88.5% |
| Taxes, remuneration and social security | 45 | €705 | €824 | +€119 | +16.8% |
| Taxes | 450/3 | €705 | €824 | +€119 | +16.8% |
| Other amounts payable | 47/48 | €28,680 | €33,450 | +€4,771 | +16.6% |
| Remuneration, social security and pensions | 62 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €521 | +€466 | +861.3% |
| Other operating charges | 640/8 | €357 | - | -€357 | |
| Gross operating margin | 9900 | -€6,968 | -€19,137 | -€12,169 | -174.6% |
| Operating profit (loss) | 9901 | -€7,379 | -€19,704 | -€12,325 | -167.0% |
| Financial income | 75/76B | €19 | €10,642 | +€10,623 | +57330.2% |
| Recurring financial income | 75 | €19 | €10,642 | +€10,623 | +57330.2% |
| Financial charges | 65/66B | €341 | €288 | -€54 | -15.7% |
| Recurring financial charges | 65 | €341 | €288 | -€54 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,702 | -€9,350 | -€1,648 | -21.4% |
| Profit (loss) for the period | 9904 | -€7,702 | -€9,350 | -€1,648 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,702 | -€9,350 | -€1,648 | -21.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.