SJ Systems: 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 Systems
Largest movements
- Cash +€27,293
up €27,293 (+94.7%), from €28,820 to €56,113
mainly Net result for the year (+€27,758) and Tax, wage and social debts (+€2,910)
- Tangible fixed assets -€2,795
down €2,795 (-89.3%), from €3,129 to €334
- Profit (loss) carried forward +€27,758
up €27,758 (+45.8%), from €60,655 to €88,413
- Other debts -€4,615
down €4,615 (-19.3%), from €23,946 to €19,331
- Tax, wage and social debts +€2,910
up €2,910 (+91.8%), from €3,170 to €6,080
- Trade debts -€2,119
down €2,119 (-79.1%), from €2,680 to €561
- Gross operating margin +€24,286
up €24,286 (+180.7%), from €13,437 to €37,723
- Taxes +€4,593
up €4,593 (+177.1%), from €2,593 to €7,186
- Depreciation -€2,152
down €2,152 (-43.5%), from €4,947 to €2,795
- Other operating charges +€777
up €777 (+264.3%), from €294 to €1,071
- Financial income -€531
down €531 (-27.3%), from €1,946 to €1,415
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 | €94,502 | €118,859 | +€24,358 | +25.8% |
| Fixed assets | 21/28 | €3,129 | €334 | -€2,795 | -89.3% |
| Tangible fixed assets | 22/27 | €3,129 | €334 | -€2,795 | -89.3% |
| Furniture and vehicles | 24 | €3,129 | €334 | -€2,795 | -89.3% |
| Current assets | 29/58 | €91,372 | €118,525 | +€27,153 | +29.7% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,054 | €12,412 | +€358 | +3.0% |
| Trade receivables | 40 | €8,535 | €8,894 | +€358 | +4.2% |
| Other amounts receivable | 41 | €3,519 | €3,519 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,820 | €56,113 | +€27,293 | +94.7% |
| Deferred charges and accrued income | 490/1 | €498 | - | -€498 | |
| Total equity and liabilities | 10/49 | €94,502 | €118,859 | +€24,358 | +25.8% |
| Equity | 10/15 | €62,655 | €90,413 | +€27,758 | +44.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,655 | €88,413 | +€27,758 | +45.8% |
| Amounts payable | 17/49 | €31,847 | €28,446 | -€3,401 | -10.7% |
| Amounts payable within one year | 42/48 | €31,847 | €28,026 | -€3,821 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €2,051 | €2,055 | +€3 | +0.2% |
| Trade debts | 44 | €2,680 | €561 | -€2,119 | -79.1% |
| Suppliers | 440/4 | €2,680 | €561 | -€2,119 | -79.1% |
| Taxes, remuneration and social security | 45 | €3,170 | €6,080 | +€2,910 | +91.8% |
| Taxes | 450/3 | €3,170 | €6,080 | +€2,910 | +91.8% |
| Other amounts payable | 47/48 | €23,946 | €19,331 | -€4,615 | -19.3% |
| Accrued charges and deferred income | 492/3 | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,947 | €2,795 | -€2,152 | -43.5% |
| Other operating charges | 640/8 | €294 | €1,071 | +€777 | +264.3% |
| Gross operating margin | 9900 | €13,437 | €37,723 | +€24,286 | +180.7% |
| Operating profit (loss) | 9901 | €8,196 | €33,857 | +€25,661 | +313.1% |
| Financial income | 75/76B | €1,946 | €1,415 | -€531 | -27.3% |
| Recurring financial income | 75 | €1,946 | €1,415 | -€531 | -27.3% |
| Financial charges | 65/66B | €306 | €327 | +€21 | +7.0% |
| Recurring financial charges | 65 | €306 | €327 | +€21 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €9,836 | €34,945 | +€25,109 | +255.3% |
| Income taxes | 67/77 | €2,593 | €7,186 | +€4,593 | +177.1% |
| Profit (loss) for the period | 9904 | €7,243 | €27,758 | +€20,515 | +283.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,243 | €27,758 | +€20,515 | +283.2% |
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 7 October 2026 via checked.be.