SJ SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€16,571
down €16,571 (-95.5%), from €17,347 to €776
- Cash -€4,897
down €4,897 (-99.8%), from €4,906 to €9
mainly Net result for the year (-€26,805) and Debts after one year (-€8,392)
- Profit (loss) carried forward -€26,805
down €26,805 (-225.9%), from -€11,864 to -€38,669
- Other debts +€15,735
up €15,735 (+316.8%), from €4,967 to €20,701
- Debts after one year -€8,392
down €8,392 (-59.3%), from €14,162 to €5,770
- Tax, wage and social debts -€5,337
down €5,337 (-100.0%), from €5,337 to €0
- Short-term financial debts +€2,993
new in 2025: €2,993
- Gross operating margin -€13,673
down €13,673 (-849.5%), from -€1,610 to -€15,283
- Depreciation -€3,240
down €3,240 (-71.8%), from €4,513 to €1,273
- Other operating charges +€709
up €709 (+150.6%), from €471 to €1,180
- Financial charges -€199
down €199 (-16.6%), from €1,201 to €1,002
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 | €23,296 | €1,687 | -€21,610 | -92.8% |
| Fixed assets | 21/28 | €17,407 | €836 | -€16,571 | -95.2% |
| Tangible fixed assets | 22/27 | €17,347 | €776 | -€16,571 | -95.5% |
| Furniture and vehicles | 24 | €17,347 | €776 | -€16,571 | -95.5% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €5,889 | €851 | -€5,038 | -85.5% |
| Amounts receivable within one year | 40/41 | €984 | €842 | -€141 | -14.4% |
| Trade receivables | 40 | €376 | €378 | +€2 | +0.5% |
| Other amounts receivable | 41 | €607 | €464 | -€143 | -23.6% |
| Cash at bank and in hand | 54/58 | €4,906 | €9 | -€4,897 | -99.8% |
| Total equity and liabilities | 10/49 | €23,296 | €1,687 | -€21,610 | -92.8% |
| Equity | 10/15 | -€9,364 | -€36,169 | -€26,805 | -286.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,864 | -€38,669 | -€26,805 | -225.9% |
| Amounts payable | 17/49 | €32,660 | €37,856 | +€5,195 | +15.9% |
| Amounts payable after more than one year | 17 | €14,162 | €5,770 | -€8,392 | -59.3% |
| Financial debts | 170/4 | €14,162 | €5,770 | -€8,392 | -59.3% |
| Amounts payable within one year | 42/48 | €18,498 | €32,086 | +€13,588 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | €8,088 | €8,392 | +€304 | +3.8% |
| Financial debts | 43 | - | €2,993 | +€2,993 | |
| Credit institutions | 430/8 | - | €2,993 | +€2,993 | |
| Trade debts | 44 | €107 | - | -€107 | |
| Suppliers | 440/4 | €107 | - | -€107 | |
| Taxes, remuneration and social security | 45 | €5,337 | €0 | -€5,337 | -100.0% |
| Taxes | 450/3 | €5,337 | €0 | -€5,337 | -100.0% |
| Other amounts payable | 47/48 | €4,967 | €20,701 | +€15,735 | +316.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,513 | €1,273 | -€3,240 | -71.8% |
| Other operating charges | 640/8 | €471 | €1,180 | +€709 | +150.6% |
| Non-recurring operating charges | 66A | - | €8,067 | +€8,067 | |
| Gross operating margin | 9900 | -€1,610 | -€15,283 | -€13,673 | -849.5% |
| Operating profit (loss) | 9901 | -€6,593 | -€25,803 | -€19,209 | -291.4% |
| Financial charges | 65/66B | €1,201 | €1,002 | -€199 | -16.6% |
| Recurring financial charges | 65 | €1,201 | €1,002 | -€199 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,795 | -€26,805 | -€19,010 | -243.9% |
| Profit (loss) for the period | 9904 | -€7,795 | -€26,805 | -€19,010 | -243.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,795 | -€26,805 | -€19,010 | -243.9% |
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.