Garage JFT: 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.
Garage JFT
Largest movements
- Stocks and contracts +€33,089
up €33,089 (+88.3%), from €37,475 to €70,564
of which Stocks: +€18,468
- Tangible fixed assets +€10,698
up €10,698 (+13.1%), from €81,442 to €92,140
of which Furniture and vehicles: +€7,204
- Receivables within one year +€6,544
up €6,544 (+25.8%), from €25,387 to €31,931
of which Trade receivables: +€6,553
- Cash -€4,419
down €4,419 (-51.9%), from €8,521 to €4,102
mainly Stocks and contracts (-€33,089) and Investment in fixed assets (net) (-€24,887)
- Financial fixed assets -€3,750
down €3,750 (-100%), from €3,750 to €0
- Other debts +€71,356
up €71,356 (+61.6%), from €115,851 to €187,207
- Profit (loss) carried forward -€17,653
down €17,653 (-66.0%), from -€26,746 to -€44,400
- Trade debts -€11,069
down €11,069 (-31.5%), from €35,171 to €24,102
- Depreciation +€17,939
up €17,939, from €0 to €17,939
- Gross operating margin +€9,972
up €9,972 (+98.1%), from €10,170 to €20,142
- Other operating charges +€6,584
up €6,584 (+167%), from €3,953 to €10,537
- Write-downs +€2,681
new in 2025: €2,681
- Staff costs -€996
down €996 (-31.0%), from €3,210 to €2,214
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 | €160,917 | €202,175 | +€41,258 | +25.6% |
| Fixed assets | 21/28 | €85,192 | €92,140 | +€6,948 | +8.2% |
| Tangible fixed assets | 22/27 | €81,442 | €92,140 | +€10,698 | +13.1% |
| Plant, machinery and equipment | 23 | €22,968 | €26,462 | +€3,494 | +15.2% |
| Furniture and vehicles | 24 | €58,474 | €65,677 | +€7,204 | +12.3% |
| Financial fixed assets | 28 | €3,750 | €0 | -€3,750 | -100% |
| Current assets | 29/58 | €75,725 | €110,035 | +€34,310 | +45.3% |
| Stocks and contracts in progress | 3 | €37,475 | €70,564 | +€33,089 | +88.3% |
| Stocks | 30/36 | €37,475 | €55,943 | +€18,468 | +49.3% |
| Contracts in progress | 37 | - | €14,621 | +€14,621 | |
| Amounts receivable within one year | 40/41 | €25,387 | €31,931 | +€6,544 | +25.8% |
| Trade receivables | 40 | €25,377 | €31,931 | +€6,553 | +25.8% |
| Other amounts receivable | 41 | €10 | €0 | -€10 | -100% |
| Cash at bank and in hand | 54/58 | €8,521 | €4,102 | -€4,419 | -51.9% |
| Deferred charges and accrued income | 490/1 | €4,342 | €3,439 | -€903 | -20.8% |
| Total equity and liabilities | 10/49 | €160,917 | €202,175 | +€41,258 | +25.6% |
| Equity | 10/15 | €8,254 | -€9,400 | -€17,653 | |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,746 | -€44,400 | -€17,653 | -66.0% |
| Amounts payable | 17/49 | €152,664 | €211,575 | +€58,911 | +38.6% |
| Amounts payable within one year | 42/48 | €152,664 | €211,575 | +€58,911 | +38.6% |
| Trade debts | 44 | €35,171 | €24,102 | -€11,069 | -31.5% |
| Suppliers | 440/4 | €35,171 | €24,102 | -€11,069 | -31.5% |
| Taxes, remuneration and social security | 45 | €1,642 | €265 | -€1,377 | -83.8% |
| Taxes | 450/3 | €1,642 | €265 | -€1,377 | -83.8% |
| Other amounts payable | 47/48 | €115,851 | €187,207 | +€71,356 | +61.6% |
| Remuneration, social security and pensions | 62 | €3,210 | €2,214 | -€996 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €17,939 | +€17,939 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,681 | +€2,681 | |
| Other operating charges | 640/8 | €3,953 | €10,537 | +€6,584 | +167% |
| Non-recurring operating charges | 66A | €447 | €4,374 | +€3,927 | +878% |
| Gross operating margin | 9900 | €10,170 | €20,142 | +€9,972 | +98.1% |
| Operating profit (loss) | 9901 | €2,560 | -€17,603 | -€20,163 | |
| Financial income | 75/76B | €50 | €49 | -€1 | -1.6% |
| Recurring financial income | 75 | €50 | €49 | -€1 | -1.6% |
| Financial charges | 65/66B | €70 | €87 | +€18 | +25.3% |
| Recurring financial charges | 65 | €70 | €87 | +€18 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €2,540 | -€17,641 | -€20,181 | |
| Income taxes | 67/77 | €0 | €12 | +€12 | |
| Profit (loss) for the period | 9904 | €2,540 | -€17,653 | -€20,193 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,540 | -€17,653 | -€20,193 |
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 17 October 2026 via checked.be.