T & J BVBA: 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.
T & J BVBA
Largest movements
- Receivables within one year +€199,243
up €199,243 (+281%), from €70,988 to €270,231
of which Trade receivables: +€236,950
- Stocks and contracts +€123,452
up €123,452 (+60.9%), from €202,610 to €326,062
- Tangible fixed assets -€75,317
down €75,317 (-11.3%), from €663,823 to €588,506
of which Leasing and similar rights: -€87,060
- Cash -€61,268
down €61,268 (-41.8%), from €146,702 to €85,434
mainly Receivables within one year (-€199,243) and Stocks and contracts (-€123,452)
- Accrued charges and deferred income +€143,243
new in 2025: €143,243
- Debts after one year -€80,858
down €80,858 (-34.7%), from €232,753 to €151,894
- Other debts +€58,369
up €58,369 (+25.7%), from €227,229 to €285,598
- Trade debts +€55,298
up €55,298 (+59.7%), from €92,592 to €147,890
- Gross operating margin -€100,746
down €100,746 (-21.2%), from €475,850 to €375,104
- Depreciation -€77,030
down €77,030 (-32.7%), from €235,325 to €158,295
- Other operating charges -€36,402
down €36,402 (-66.8%), from €54,490 to €18,088
- Write-downs +€26,519
new in 2025: €26,519
- Financial charges -€17,733
down €17,733 (-45.1%), from €39,329 to €21,596
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,096,571 | €1,284,326 | +€187,755 | +17.1% |
| Fixed assets | 21/28 | €664,093 | €588,776 | -€75,317 | -11.3% |
| Tangible fixed assets | 22/27 | €663,823 | €588,506 | -€75,317 | -11.3% |
| Land and buildings | 22 | €286,357 | €292,722 | +€6,365 | +2.2% |
| Plant, machinery and equipment | 23 | €17,800 | €30,651 | +€12,851 | +72.2% |
| Furniture and vehicles | 24 | €58,812 | €51,339 | -€7,473 | -12.7% |
| Leasing and similar rights | 25 | €300,853 | €213,794 | -€87,060 | -28.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €432,478 | €695,550 | +€263,072 | +60.8% |
| Stocks and contracts in progress | 3 | €202,610 | €326,062 | +€123,452 | +60.9% |
| Stocks | 30/36 | €202,610 | €326,062 | +€123,452 | +60.9% |
| Amounts receivable within one year | 40/41 | €70,988 | €270,231 | +€199,243 | +281% |
| Trade receivables | 40 | €31,490 | €268,439 | +€236,950 | +752% |
| Other amounts receivable | 41 | €39,498 | €1,792 | -€37,706 | -95.5% |
| Cash at bank and in hand | 54/58 | €146,702 | €85,434 | -€61,268 | -41.8% |
| Deferred charges and accrued income | 490/1 | €12,178 | €13,823 | +€1,645 | +13.5% |
| Total equity and liabilities | 10/49 | €1,096,571 | €1,284,326 | +€187,755 | +17.1% |
| Equity | 10/15 | €453,211 | €453,245 | +€35 | 0.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €49,957 | €49,957 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €31,207 | €31,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,253 | €253,288 | +€35 | 0.0% |
| Amounts payable | 17/49 | €643,360 | €831,081 | +€187,721 | +29.2% |
| Amounts payable after more than one year | 17 | €232,753 | €151,894 | -€80,858 | -34.7% |
| Financial debts | 170/4 | €232,753 | €151,894 | -€80,858 | -34.7% |
| Amounts payable within one year | 42/48 | €410,607 | €535,943 | +€125,336 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €72,660 | €75,107 | +€2,448 | +3.4% |
| Trade debts | 44 | €92,592 | €147,890 | +€55,298 | +59.7% |
| Suppliers | 440/4 | €92,592 | €147,890 | +€55,298 | +59.7% |
| Taxes, remuneration and social security | 45 | €18,127 | €27,348 | +€9,221 | +50.9% |
| Taxes | 450/3 | €13,539 | €18,059 | +€4,521 | +33.4% |
| Remuneration and social security | 454/9 | €4,588 | €9,289 | +€4,700 | +102% |
| Other amounts payable | 47/48 | €227,229 | €285,598 | +€58,369 | +25.7% |
| Accrued charges and deferred income | 492/3 | - | €143,243 | +€143,243 | |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €88,447 | €74,309 | -€14,138 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235,325 | €158,295 | -€77,030 | -32.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,519 | +€26,519 | |
| Other operating charges | 640/8 | €54,490 | €18,088 | -€36,402 | -66.8% |
| Gross operating margin | 9900 | €475,850 | €375,104 | -€100,746 | -21.2% |
| Operating profit (loss) | 9901 | €97,588 | €97,893 | +€305 | +0.3% |
| Financial income | 75/76B | €4,270 | €2,177 | -€2,093 | -49.0% |
| Recurring financial income | 75 | €4,270 | €2,177 | -€2,093 | -49.0% |
| Financial charges | 65/66B | €39,329 | €21,596 | -€17,733 | -45.1% |
| Recurring financial charges | 65 | €39,329 | €21,596 | -€17,733 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €62,529 | €78,474 | +€15,945 | +25.5% |
| Income taxes | 67/77 | €5,691 | €6,773 | +€1,082 | +19.0% |
| Profit (loss) for the period | 9904 | €56,838 | €71,701 | +€14,863 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,838 | €71,701 | +€14,863 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.