SJIS Management Services: 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.
What changed
SJIS Management Services
NACE 85.699, Other educational support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€722,552
2024 · -€1.3m+€564,000
Equity
-€1.4m
2024 · -€646,459-€722,552
Cash
€160,286
2024 · €238,470-€78,185
Balance sheet total
€6.9m
2024 · €8.0m-€1.1m
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-21.0%), from €4.8m to €3.8m
Equity and liabilities
- Profit (loss) carried forward -€722,552
down €722,552 (-48.8%), from -€1.5m to -€2.2m
- Short-term financial debts -€583,009
down €583,009 (-7.3%), from €8.0m to €7.4m
of which Credit institutions: -€4.5m
- Tax, wage and social debts +€144,005
up €144,005 (+88.9%), from €161,989 to €305,994
of which Taxes: +€77,524
Income statement
- Services and other goods -€970,841
no longer reported in 2025 (was €970,841)
- Turnover -€484,108
no longer reported in 2025 (was €484,108)
- Staff costs -€217,102
down €217,102 (-28.0%), from €775,812 to €558,710
- Other operating income -€119,057
no longer reported in 2025 (was €119,057)
- Financial charges +€8,597
up €8,597 (+6.2%), from €139,315 to €147,912
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.
Result 2024
-€1.3m
Turnover
-€484,108
Other operating income
-€119,057
Services and other goods
+€970,841
Staff costs
+€217,102
Depreciation
-€3,267
Other operating items
-€8,156
Financial charges
-€8,597
Taxes
-€758
Result 2025
-€722,552
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€504,824
Investment
+€0
Financing
-€583,009
Cash 2024
€238,470
From operations (derived)
+€504,824
Net result for the year
-€722,552
Depreciation
+€6,578
Receivables within one year
+€1.0m
Smaller working-capital items
+€929
Tax, wage and social debts
+€144,005
Other debts
+€60,296
Investment (derived)
+€0
Investment in fixed assets (net)
+€0
Financing
-€583,009
Short-term financial debts
-€583,009
Cash 2025
€160,286
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,014,487 | €6,914,156 | -€1.1m | -13.7% |
| Fixed assets | 21/28 | €2,935,994 | €2,929,415 | -€6,579 | -0.2% |
| Tangible fixed assets | 22/27 | €14,703 | €8,125 | -€6,578 | -44.7% |
| Plant, machinery and equipment | 23 | €14,703 | €8,125 | -€6,578 | -44.7% |
| Financial fixed assets | 28 | €2,921,290 | €2,921,290 | -€0 | 0.0% |
| Affiliated companies | 280/1 | €2,921,290 | - | -€2.9m | |
| Participating interests | 280 | €2,921,290 | - | -€2.9m | |
| Current assets | 29/58 | €5,078,493 | €3,984,741 | -€1.1m | -21.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,840,018 | €3,824,451 | -€1.0m | -21.0% |
| Other amounts receivable | 41 | €4,840,018 | €3,824,451 | -€1.0m | -21.0% |
| Cash at bank and in hand | 54/58 | €238,470 | €160,286 | -€78,185 | -32.8% |
| Deferred charges and accrued income | 490/1 | €5 | €5 | -€0 | -5.2% |
| Total equity and liabilities | 10/49 | €8,014,487 | €6,914,156 | -€1.1m | -13.7% |
| Equity | 10/15 | -€646,459 | -€1,369,011 | -€722,552 | -112% |
| Contributions | 10/11 | €792,827 | €792,827 | = | 0.0% |
| Reserves | 13 | €41,685 | €41,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,685 | €41,685 | = | 0.0% |
| Reserves not available under the articles | 1311 | €41,685 | €41,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,480,970 | -€2,203,522 | -€722,552 | -48.8% |
| Amounts payable | 17/49 | €8,660,946 | €8,283,166 | -€377,779 | -4.4% |
| Amounts payable within one year | 42/48 | €8,660,946 | €8,283,166 | -€377,779 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €7,962,830 | €7,379,820 | -€583,009 | -7.3% |
| Credit institutions | 430/8 | €4,495,123 | €0 | -€4.5m | -100% |
| Other loans | 439 | €3,467,707 | €7,379,820 | +€3.9m | +113% |
| Trade debts | 44 | €27,017 | €27,946 | +€929 | +3.4% |
| Suppliers | 440/4 | €27,017 | €27,946 | +€929 | +3.4% |
| Taxes, remuneration and social security | 45 | €161,989 | €305,994 | +€144,005 | +88.9% |
| Taxes | 450/3 | €5,097 | €82,621 | +€77,524 | +1,521% |
| Remuneration and social security | 454/9 | €156,892 | €223,373 | +€66,481 | +42.4% |
| Other amounts payable | 47/48 | €509,110 | €569,406 | +€60,296 | +11.8% |
| Operating income | 70/76A | €603,165 | - | -€603,165 | |
| Turnover | 70 | €484,108 | - | -€484,108 | |
| Other operating income | 74 | €119,057 | - | -€119,057 | |
| Operating charges | 60/66A | €1,749,964 | - | -€1.7m | |
| Services and other goods | 61 | €970,841 | - | -€970,841 | |
| Remuneration, social security and pensions | 62 | €775,812 | €558,710 | -€217,102 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,311 | €6,578 | +€3,267 | +98.7% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | - | -€8,156 | -€8,156 | |
| Operating profit (loss) | 9901 | -€1,146,799 | -€573,444 | +€573,355 | +50.0% |
| Financial charges | 65/66B | €139,315 | €147,912 | +€8,597 | +6.2% |
| Recurring financial charges | 65 | €139,315 | €147,912 | +€8,597 | +6.2% |
| Debt charges | 650 | €132,937 | - | -€132,937 | |
| Other financial charges | 652/9 | €6,378 | - | -€6,378 | |
| Profit (loss) for the period before taxes | 9903 | -€1,286,114 | -€721,356 | +€564,758 | +43.9% |
| Income taxes | 67/77 | €438 | €1,196 | +€758 | +173% |
| Taxes | 670/3 | €438 | - | -€438 | |
| Profit (loss) for the period | 9904 | -€1,286,552 | -€722,552 | +€564,000 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,286,552 | -€722,552 | +€564,000 | +43.8% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.