BEJOY: what changed
BEJOY
Largest movements
- Receivables within one year -€11,977
down €11,977 (-45.1%), from €26,583 to €14,606
of which Trade receivables: -€13,473
- Tangible fixed assets +€10,185
up €10,185 (+155%), from €6,573 to €16,757
of which Furniture and vehicles: +€10,071
- Cash -€5,476
down €5,476 (-15.4%), from €35,515 to €30,039
mainly Investment in fixed assets (net) (-€15,805) and Debts after one year (-€8,363)
- Debts after one year -€8,363
down €8,363 (-23.8%), from €35,183 to €26,821
- Trade debts +€7,079
up €7,079 (+1,100%), from €643 to €7,723
- Profit (loss) carried forward -€2,565
down €2,565 (-5.3%), from €48,435 to €45,870
- Tax, wage and social debts -€1,447
down €1,447 (-6.3%), from €22,971 to €21,524
of which Taxes: -€6,835
- Staff costs +€11,354
up €11,354 (+40.9%), from €27,747 to €39,101
- Gross operating margin -€8,289
down €8,289 (-15.4%), from €53,905 to €45,615
- Taxes -€4,727
down €4,727 (-71.5%), from €6,613 to €1,886
- Depreciation +€1,597
up €1,597 (+52.8%), from €3,023 to €4,620
- Other operating charges +€877
up €877 (+201%), from €436 to €1,313
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,468 | €126,635 | -€3,833 | -2.9% |
| Fixed assets | 21/28 | €19,123 | €30,307 | +€11,185 | +58.5% |
| Tangible fixed assets | 22/27 | €6,573 | €16,757 | +€10,185 | +155% |
| Furniture and vehicles | 24 | €3,037 | €13,108 | +€10,071 | +332% |
| Other tangible fixed assets | 26 | €3,536 | €3,650 | +€114 | +3.2% |
| Financial fixed assets | 28 | €12,550 | €13,550 | +€1,000 | +8.0% |
| Current assets | 29/58 | €111,345 | €96,328 | -€15,017 | -13.5% |
| Amounts receivable after more than one year | 29 | €45,100 | €45,100 | = | 0.0% |
| Other amounts receivable | 291 | €45,100 | €45,100 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,997 | €3,294 | +€1,297 | +64.9% |
| Stocks | 30/36 | €1,997 | €3,294 | +€1,297 | +64.9% |
| Amounts receivable within one year | 40/41 | €26,583 | €14,606 | -€11,977 | -45.1% |
| Trade receivables | 40 | €23,997 | €10,524 | -€13,473 | -56.1% |
| Other amounts receivable | 41 | €2,586 | €4,082 | +€1,496 | +57.9% |
| Cash at bank and in hand | 54/58 | €35,515 | €30,039 | -€5,476 | -15.4% |
| Deferred charges and accrued income | 490/1 | €2,150 | €3,289 | +€1,139 | +53.0% |
| Total equity and liabilities | 10/49 | €130,468 | €126,635 | -€3,833 | -2.9% |
| Equity | 10/15 | €63,745 | €61,180 | -€2,565 | -4.0% |
| Contributions | 10/11 | €14,910 | €14,910 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,435 | €45,870 | -€2,565 | -5.3% |
| Amounts payable | 17/49 | €66,723 | €65,455 | -€1,268 | -1.9% |
| Amounts payable after more than one year | 17 | €35,183 | €26,821 | -€8,363 | -23.8% |
| Financial debts | 170/4 | €35,183 | €26,821 | -€8,363 | -23.8% |
| Amounts payable within one year | 42/48 | €31,540 | €37,610 | +€6,070 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €7,925 | €8,363 | +€437 | +5.5% |
| Trade debts | 44 | €643 | €7,723 | +€7,079 | +1,100% |
| Suppliers | 440/4 | €643 | €7,723 | +€7,079 | +1,100% |
| Taxes, remuneration and social security | 45 | €22,971 | €21,524 | -€1,447 | -6.3% |
| Taxes | 450/3 | €17,716 | €10,881 | -€6,835 | -38.6% |
| Remuneration and social security | 454/9 | €5,255 | €10,643 | +€5,388 | +103% |
| Accrued charges and deferred income | 492/3 | - | €1,025 | +€1,025 | |
| Non-recurring operating income | 76A | €3,737 | - | -€3,737 | |
| Remuneration, social security and pensions | 62 | €27,747 | €39,101 | +€11,354 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,023 | €4,620 | +€1,597 | +52.8% |
| Other operating charges | 640/8 | €436 | €1,313 | +€877 | +201% |
| Non-recurring operating charges | 66A | €1,463 | - | -€1,463 | |
| Gross operating margin | 9900 | €53,905 | €45,615 | -€8,289 | -15.4% |
| Operating profit (loss) | 9901 | €21,236 | €581 | -€20,655 | -97.3% |
| Financial income | 75/76B | €1 | €3 | +€2 | +392% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +392% |
| Financial charges | 65/66B | €634 | €1,263 | +€629 | +99.1% |
| Recurring financial charges | 65 | €634 | €1,263 | +€629 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €20,602 | -€679 | -€21,281 | |
| Income taxes | 67/77 | €6,613 | €1,886 | -€4,727 | -71.5% |
| Profit (loss) for the period | 9904 | €13,989 | -€2,565 | -€16,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,989 | -€2,565 | -€16,554 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.