SSJ EXPRESS: 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.
SSJ EXPRESS
Largest movements
- Tangible fixed assets -€16,119
down €16,119 (-42.5%), from €37,895 to €21,777
- Receivables within one year +€5,626
up €5,626 (+14.9%), from €37,844 to €43,470
of which Other amounts receivable: +€3,200
- Profit (loss) carried forward -€19,500
down €19,500 (-108.4%), from -€17,994 to -€37,494
- Trade debts -€13,640
down €13,640 (-26.1%), from €52,335 to €38,695
- Debts after one year +€11,789
new in 2025: €11,789
- Tax, wage and social debts +€8,235
up €8,235 (+23.7%), from €34,707 to €42,942
of which Taxes: +€12,417
- Current portion of long-term debt +€2,554
up €2,554 (+63.5%), from €4,020 to €6,573
- Gross operating margin -€60,272
down €60,272 (-49.0%), from €123,054 to €62,782
- Staff costs -€38,857
down €38,857 (-39.0%), from €99,523 to €60,666
- Depreciation +€5,891
up €5,891 (+51.8%), from €11,368 to €17,259
- Financial charges -€2,708
down €2,708 (-56.1%), from €4,826 to €2,118
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 | €76,202 | €65,545 | -€10,657 | -14.0% |
| Fixed assets | 21/28 | €37,895 | €21,777 | -€16,119 | -42.5% |
| Tangible fixed assets | 22/27 | €37,895 | €21,777 | -€16,119 | -42.5% |
| Furniture and vehicles | 24 | €37,895 | €21,777 | -€16,119 | -42.5% |
| Current assets | 29/58 | €38,306 | €43,769 | +€5,462 | +14.3% |
| Amounts receivable within one year | 40/41 | €37,844 | €43,470 | +€5,626 | +14.9% |
| Trade receivables | 40 | €26,387 | €28,814 | +€2,426 | +9.2% |
| Other amounts receivable | 41 | €11,456 | €14,656 | +€3,200 | +27.9% |
| Cash at bank and in hand | 54/58 | - | €12 | +€12 | |
| Deferred charges and accrued income | 490/1 | €463 | €287 | -€175 | -37.9% |
| Total equity and liabilities | 10/49 | €76,202 | €65,545 | -€10,657 | -14.0% |
| Equity | 10/15 | -€14,954 | -€34,454 | -€19,500 | -130.4% |
| Contributions | 10/11 | €3,040 | €3,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,994 | -€37,494 | -€19,500 | -108.4% |
| Amounts payable | 17/49 | €91,156 | €100,000 | +€8,843 | +9.7% |
| Amounts payable after more than one year | 17 | - | €11,789 | +€11,789 | |
| Financial debts | 170/4 | - | €11,789 | +€11,789 | |
| Amounts payable within one year | 42/48 | €91,156 | €88,210 | -€2,946 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €4,020 | €6,573 | +€2,554 | +63.5% |
| Financial debts | 43 | €95 | - | -€95 | |
| Credit institutions | 430/8 | €95 | - | -€95 | |
| Trade debts | 44 | €52,335 | €38,695 | -€13,640 | -26.1% |
| Suppliers | 440/4 | €52,335 | €38,695 | -€13,640 | -26.1% |
| Taxes, remuneration and social security | 45 | €34,707 | €42,942 | +€8,235 | +23.7% |
| Taxes | 450/3 | €17,528 | €29,945 | +€12,417 | +70.8% |
| Remuneration and social security | 454/9 | €17,178 | €12,997 | -€4,182 | -24.3% |
| Remuneration, social security and pensions | 62 | €99,523 | €60,666 | -€38,857 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,368 | €17,259 | +€5,891 | +51.8% |
| Other operating charges | 640/8 | €2,792 | €2,936 | +€145 | +5.2% |
| Gross operating margin | 9900 | €123,054 | €62,782 | -€60,272 | -49.0% |
| Operating profit (loss) | 9901 | €9,371 | -€18,079 | -€27,450 | |
| Financial income | 75/76B | €1,391 | €697 | -€694 | -49.9% |
| Recurring financial income | 75 | €1,391 | €697 | -€694 | -49.9% |
| Financial charges | 65/66B | €4,826 | €2,118 | -€2,708 | -56.1% |
| Recurring financial charges | 65 | €4,826 | €2,118 | -€2,708 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €5,936 | -€19,500 | -€25,436 | |
| Profit (loss) for the period | 9904 | €5,936 | -€19,500 | -€25,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,936 | -€19,500 | -€25,436 |
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.