SJJS: 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.
SJJS
Largest movements
- Cash -€26,473
down €26,473 (-54.3%), from €48,737 to €22,264
mainly Contributions, distributions and other (-€192,944) and Investment in fixed assets (net) (-€119,269)
- Tangible fixed assets +€23,196
up €23,196 (+4.7%), from €495,463 to €518,658
of which Furniture and vehicles: +€49,855
- Deferred charges and accrued income +€21,611
up €21,611 (+65.1%), from €33,194 to €54,804
- Debts after one year +€54,900
up €54,900 (+43.8%), from €125,461 to €180,362
- Other debts -€44,400
down €44,400 (-100.0%), from €44,400 to €0
- Current portion of long-term debt +€26,398
up €26,398 (+55.6%), from €47,496 to €73,895
- Reserves -€12,493
down €12,493 (-1.7%), from €747,440 to €734,947
of which Distributable reserves: -€12,493
- Gross operating margin -€28,296
down €28,296 (-7.5%), from €379,295 to €350,998
- Depreciation +€22,704
up €22,704 (+30.9%), from €73,370 to €96,074
- Taxes -€17,107
down €17,107 (-17.4%), from €98,450 to €81,343
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 | €1,014,940 | €1,042,067 | +€27,126 | +2.7% |
| Fixed assets | 21/28 | €495,713 | €518,908 | +€23,196 | +4.7% |
| Tangible fixed assets | 22/27 | €495,463 | €518,658 | +€23,196 | +4.7% |
| Land and buildings | 22 | €97,500 | €78,000 | -€19,500 | -20.0% |
| Plant, machinery and equipment | 23 | €371,159 | €364,000 | -€7,159 | -1.9% |
| Furniture and vehicles | 24 | €26,804 | €76,659 | +€49,855 | +186.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €519,228 | €523,158 | +€3,931 | +0.8% |
| Amounts receivable within one year | 40/41 | €377,297 | €385,735 | +€8,438 | +2.2% |
| Other amounts receivable | 41 | €377,297 | €385,735 | +€8,438 | +2.2% |
| Current investments | 50/53 | €60,000 | €60,354 | +€354 | +0.6% |
| Cash at bank and in hand | 54/58 | €48,737 | €22,264 | -€26,473 | -54.3% |
| Deferred charges and accrued income | 490/1 | €33,194 | €54,804 | +€21,611 | +65.1% |
| Total equity and liabilities | 10/49 | €1,014,940 | €1,042,067 | +€27,126 | +2.7% |
| Equity | 10/15 | €759,840 | €747,347 | -€12,493 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €747,440 | €734,947 | -€12,493 | -1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €747,440 | €734,947 | -€12,493 | -1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €255,100 | €294,720 | +€39,619 | +15.5% |
| Amounts payable after more than one year | 17 | €125,461 | €180,362 | +€54,900 | +43.8% |
| Financial debts | 170/4 | €125,461 | €180,362 | +€54,900 | +43.8% |
| Amounts payable within one year | 42/48 | €129,639 | €114,358 | -€15,281 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €47,496 | €73,895 | +€26,398 | +55.6% |
| Trade debts | 44 | €9,483 | €6,197 | -€3,286 | -34.7% |
| Suppliers | 440/4 | €9,483 | €6,197 | -€3,286 | -34.7% |
| Taxes, remuneration and social security | 45 | €28,260 | €34,267 | +€6,007 | +21.3% |
| Taxes | 450/3 | €28,260 | €34,267 | +€6,007 | +21.3% |
| Other amounts payable | 47/48 | €44,400 | €0 | -€44,400 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,370 | €96,074 | +€22,704 | +30.9% |
| Other operating charges | 640/8 | €1,049 | €1,032 | -€18 | -1.7% |
| Non-recurring operating charges | 66A | €1,338 | €0 | -€1,338 | -100.0% |
| Gross operating margin | 9900 | €379,295 | €350,998 | -€28,296 | -7.5% |
| Operating profit (loss) | 9901 | €303,537 | €253,893 | -€49,644 | -16.4% |
| Financial income | 75/76B | €20,023 | €20,729 | +€706 | +3.5% |
| Recurring financial income | 75 | €20,023 | €20,729 | +€706 | +3.5% |
| Financial charges | 65/66B | €12,221 | €12,829 | +€608 | +5.0% |
| Recurring financial charges | 65 | €12,221 | €12,829 | +€608 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €311,339 | €261,793 | -€49,546 | -15.9% |
| Income taxes | 67/77 | €98,450 | €81,343 | -€17,107 | -17.4% |
| Profit (loss) for the period | 9904 | €212,890 | €180,450 | -€32,439 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €212,890 | €180,450 | -€32,439 | -15.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.