BCJ PROJECTS: 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.
BCJ PROJECTS
Largest movements
- Receivables within one year +€5,269
up €5,269 (+30.5%), from €17,266 to €22,535
- Cash -€3,850
down €3,850 (-19.0%), from €20,238 to €16,388
mainly Tax, wage and social debts (-€8,838) and Receivables within one year (-€5,269)
- Deferred charges and accrued income +€1,481
up €1,481 (+67.1%), from €2,206 to €3,687
- Tax, wage and social debts -€8,838
down €8,838 (-46.3%), from €19,085 to €10,246
of which Remuneration and social security: -€8,400
- Profit (loss) carried forward +€8,155
up €8,155 (+68.2%), from €11,963 to €20,118
- Trade debts +€4,157
up €4,157 (+108.6%), from €3,826 to €7,983
- Gross operating margin -€4,459
down €4,459 (-27.1%), from €16,427 to €11,968
- Taxes -€1,086
down €1,086 (-26.7%), from €4,067 to €2,981
- Depreciation +€468
up €468 (+139.1%), from €337 to €805
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 | €42,283 | €45,565 | +€3,282 | +7.8% |
| Fixed assets | 21/28 | €2,572 | €2,955 | +€382 | +14.9% |
| Tangible fixed assets | 22/27 | €2,572 | €2,955 | +€382 | +14.9% |
| Plant, machinery and equipment | 23 | €1,903 | €1,459 | -€444 | -23.3% |
| Furniture and vehicles | 24 | €670 | €1,496 | +€827 | +123.5% |
| Current assets | 29/58 | €39,711 | €42,610 | +€2,900 | +7.3% |
| Amounts receivable within one year | 40/41 | €17,266 | €22,535 | +€5,269 | +30.5% |
| Trade receivables | 40 | €17,266 | €22,535 | +€5,269 | +30.5% |
| Cash at bank and in hand | 54/58 | €20,238 | €16,388 | -€3,850 | -19.0% |
| Deferred charges and accrued income | 490/1 | €2,206 | €3,687 | +€1,481 | +67.1% |
| Total equity and liabilities | 10/49 | €42,283 | €45,565 | +€3,282 | +7.8% |
| Equity | 10/15 | €12,963 | €21,118 | +€8,155 | +62.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,963 | €20,118 | +€8,155 | +68.2% |
| Amounts payable | 17/49 | €29,320 | €24,447 | -€4,873 | -16.6% |
| Amounts payable within one year | 42/48 | €29,320 | €24,447 | -€4,873 | -16.6% |
| Trade debts | 44 | €3,826 | €7,983 | +€4,157 | +108.6% |
| Suppliers | 440/4 | €3,826 | €7,983 | +€4,157 | +108.6% |
| Taxes, remuneration and social security | 45 | €19,085 | €10,246 | -€8,838 | -46.3% |
| Taxes | 450/3 | €10,685 | €10,246 | -€438 | -4.1% |
| Remuneration and social security | 454/9 | €8,400 | €0 | -€8,400 | -100.0% |
| Other amounts payable | 47/48 | €6,409 | €6,218 | -€192 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €805 | +€468 | +139.1% |
| Gross operating margin | 9900 | €16,427 | €11,968 | -€4,459 | -27.1% |
| Operating profit (loss) | 9901 | €16,090 | €11,163 | -€4,927 | -30.6% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €60 | €46 | -€14 | -22.7% |
| Recurring financial charges | 65 | €60 | €46 | -€14 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €16,030 | €11,136 | -€4,894 | -30.5% |
| Income taxes | 67/77 | €4,067 | €2,981 | -€1,086 | -26.7% |
| Profit (loss) for the period | 9904 | €11,963 | €8,155 | -€3,808 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,963 | €8,155 | -€3,808 | -31.8% |
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.