SPJ.OJAIL: 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.
SPJ.OJAIL
Largest movements
- Receivables within one year -€16,684
down €16,684 (-68.5%), from €24,341 to €7,657
of which Other amounts receivable: -€14,915
- Cash +€12,833
up €12,833 (+40.1%), from €31,969 to €44,802
mainly Net result for the year (+€22,594) and Receivables within one year (+€16,684)
- Tangible fixed assets +€700
up €700, from €0 to €700
- Other debts -€4,000
down €4,000 (-16.0%), from €25,000 to €21,000
- Tax, wage and social debts +€2,998
up €2,998 (+32.3%), from €9,293 to €12,291
of which Taxes: +€2,998
- Reserves -€2,112
down €2,112 (-13.5%), from €15,661 to €13,549
of which Distributable reserves: -€2,112
- Gross operating margin +€8,397
up €8,397 (+36.3%), from €23,131 to €31,528
- Purchases and services +€7,184
new in 2025: €7,184
- Taxes +€1,575
up €1,575 (+24.2%), from €6,516 to €8,091
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 | €56,310 | €53,159 | -€3,151 | -5.6% |
| Fixed assets | 21/28 | €0 | €700 | +€700 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | €700 | +€700 | |
| Furniture and vehicles | 24 | €0 | €700 | +€700 | |
| Current assets | 29/58 | €56,310 | €52,459 | -€3,851 | -6.8% |
| Amounts receivable within one year | 40/41 | €24,341 | €7,657 | -€16,684 | -68.5% |
| Trade receivables | 40 | €5,300 | €3,531 | -€1,769 | -33.4% |
| Other amounts receivable | 41 | €19,041 | €4,126 | -€14,915 | -78.3% |
| Cash at bank and in hand | 54/58 | €31,969 | €44,802 | +€12,833 | +40.1% |
| Total equity and liabilities | 10/49 | €56,310 | €53,159 | -€3,151 | -5.6% |
| Equity | 10/15 | €21,861 | €19,749 | -€2,112 | -9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,661 | €13,549 | -€2,112 | -13.5% |
| Non-distributable reserves | 130/1 | €320 | €320 | = | 0.0% |
| Reserves not available under the articles | 1311 | €320 | €320 | = | 0.0% |
| Distributable reserves | 133 | €15,341 | €13,229 | -€2,112 | -13.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €34,449 | €33,410 | -€1,039 | -3.0% |
| Amounts payable within one year | 42/48 | €34,449 | €33,410 | -€1,039 | -3.0% |
| Trade debts | 44 | €156 | €119 | -€37 | -23.7% |
| Suppliers | 440/4 | €156 | €119 | -€37 | -23.7% |
| Taxes, remuneration and social security | 45 | €9,293 | €12,291 | +€2,998 | +32.3% |
| Taxes | 450/3 | €8,895 | €11,893 | +€2,998 | +33.7% |
| Remuneration and social security | 454/9 | €398 | €398 | = | 0.0% |
| Other amounts payable | 47/48 | €25,000 | €21,000 | -€4,000 | -16.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,184 | +€7,184 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52 | - | -€52 | |
| Other operating charges | 640/8 | €1,001 | €1,126 | +€125 | +12.5% |
| Gross operating margin | 9900 | €23,131 | €31,528 | +€8,397 | +36.3% |
| Operating profit (loss) | 9901 | €22,078 | €30,402 | +€8,324 | +37.7% |
| Financial income | 75/76B | €518 | €450 | -€68 | -13.1% |
| Recurring financial income | 75 | €518 | €450 | -€68 | -13.1% |
| Financial charges | 65/66B | €164 | €167 | +€3 | +1.8% |
| Recurring financial charges | 65 | €164 | €167 | +€3 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €22,432 | €30,685 | +€8,253 | +36.8% |
| Income taxes | 67/77 | €6,516 | €8,091 | +€1,575 | +24.2% |
| Profit (loss) for the period | 9904 | €15,916 | €22,594 | +€6,678 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,916 | €22,594 | +€6,678 | +42.0% |
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.