CHEZ JEF: 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.
CHEZ JEF
Largest movements
- Receivables within one year +€164,398
up €164,398 (+102%), from €160,416 to €324,814
of which Other amounts receivable: +€200,738
- Cash -€136,126
down €136,126 (-35.7%), from €380,861 to €244,735
mainly Receivables within one year (-€164,398) and Trade debts (-€150,243)
- Financial fixed assets +€33,000
up €33,000 (+6.9%), from €476,832 to €509,832
- Stocks and contracts +€25,291
up €25,291 (+613%), from €4,128 to €29,419
- Tangible fixed assets -€15,089
down €15,089 (-18.0%), from €83,746 to €68,657
of which Plant, machinery and equipment: -€10,556
- Tax, wage and social debts +€270,231
up €270,231 (+50.5%), from €534,751 to €804,982
of which Remuneration and social security: +€140,974
- Trade debts -€150,243
down €150,243 (-31.5%), from €476,394 to €326,151
- Profit (loss) carried forward -€58,913
down €58,913 (-44.0%), from €133,937 to €75,024
- Turnover -€192,902
down €192,902 (-7.4%), from €2.6m to €2.4m
- Purchases and services -€143,703
down €143,703 (-8.1%), from €1.8m to €1.6m
- Staff costs +€86,439
up €86,439 (+14.0%), from €617,995 to €704,434
- Gross operating margin -€79,389
down €79,389 (-9.2%), from €863,265 to €783,876
- Write-downs +€64,474
new in 2025: €64,474
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 | €1,147,582 | €1,208,657 | +€61,075 | +5.3% |
| Fixed assets | 21/28 | €602,177 | €609,689 | +€7,511 | +1.2% |
| Intangible fixed assets | 21 | €41,600 | €31,200 | -€10,400 | -25.0% |
| Tangible fixed assets | 22/27 | €83,746 | €68,657 | -€15,089 | -18.0% |
| Plant, machinery and equipment | 23 | €74,303 | €63,747 | -€10,556 | -14.2% |
| Furniture and vehicles | 24 | €9,443 | €4,910 | -€4,533 | -48.0% |
| Financial fixed assets | 28 | €476,832 | €509,832 | +€33,000 | +6.9% |
| Current assets | 29/58 | €545,405 | €598,968 | +€53,564 | +9.8% |
| Stocks and contracts in progress | 3 | €4,128 | €29,419 | +€25,291 | +613% |
| Stocks | 30/36 | €4,128 | €29,419 | +€25,291 | +613% |
| Amounts receivable within one year | 40/41 | €160,416 | €324,814 | +€164,398 | +102% |
| Trade receivables | 40 | €64,865 | €28,526 | -€36,339 | -56.0% |
| Other amounts receivable | 41 | €95,551 | €296,288 | +€200,738 | +210% |
| Cash at bank and in hand | 54/58 | €380,861 | €244,735 | -€136,126 | -35.7% |
| Total equity and liabilities | 10/49 | €1,147,582 | €1,208,657 | +€61,075 | +5.3% |
| Equity | 10/15 | €136,437 | €77,524 | -€58,913 | -43.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,937 | €75,024 | -€58,913 | -44.0% |
| Amounts payable | 17/49 | €1,011,145 | €1,131,133 | +€119,988 | +11.9% |
| Amounts payable within one year | 42/48 | €1,011,145 | €1,131,133 | +€119,988 | +11.9% |
| Trade debts | 44 | €476,394 | €326,151 | -€150,243 | -31.5% |
| Suppliers | 440/4 | €476,394 | €326,151 | -€150,243 | -31.5% |
| Taxes, remuneration and social security | 45 | €534,751 | €804,982 | +€270,231 | +50.5% |
| Taxes | 450/3 | €311,039 | €440,296 | +€129,257 | +41.6% |
| Remuneration and social security | 454/9 | €223,712 | €364,686 | +€140,974 | +63.0% |
| Turnover | 70 | €2,606,775 | €2,413,873 | -€192,902 | -7.4% |
| Non-recurring operating income | 76A | €30,190 | - | -€30,190 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,773,700 | €1,629,997 | -€143,703 | -8.1% |
| Remuneration, social security and pensions | 62 | €617,995 | €704,434 | +€86,439 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,989 | €25,489 | -€2,500 | -8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €64,474 | +€64,474 | |
| Other operating charges | 640/8 | €29,957 | €5,648 | -€24,310 | -81.1% |
| Non-recurring operating charges | 66A | €100,319 | €18,059 | -€82,260 | -82.0% |
| Gross operating margin | 9900 | €863,265 | €783,876 | -€79,389 | -9.2% |
| Operating profit (loss) | 9901 | €87,004 | -€34,228 | -€121,233 | |
| Financial income | 75/76B | - | €16,121 | +€16,121 | |
| Recurring financial income | 75 | - | €16,121 | +€16,121 | |
| Financial charges | 65/66B | €57,382 | €40,805 | -€16,577 | -28.9% |
| Recurring financial charges | 65 | €57,382 | €40,805 | -€16,577 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €29,622 | -€58,913 | -€88,535 | |
| Income taxes | 67/77 | €17,144 | - | -€17,144 | |
| Profit (loss) for the period | 9904 | €12,478 | -€58,913 | -€71,391 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,478 | -€58,913 | -€71,391 |
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 14 October 2026 via checked.be.