J.F.ONE: what changed
J.F.ONE
Largest movements
- Stocks and contracts +€194,740
up €194,740 (+38.4%), from €507,520 to €702,260
- Receivables within one year +€135,721
up €135,721 (+3,956%), from €3,431 to €139,151
of which Trade receivables: +€135,721
- Cash +€10,350
up €10,350 (+76.5%), from €13,536 to €23,886
mainly Trade debts (+€346,977) and Short-term financial debts (+€118,880)
- Trade debts +€346,977
up €346,977 (+567%), from €61,185 to €408,162
- Current portion of long-term debt -€129,252
down €129,252 (-77.1%), from €167,748 to €38,496
- Short-term financial debts +€118,880
up €118,880 (+48,435%), from €245 to €119,125
- Profit (loss) carried forward -€48,742
down €48,742 (-54.5%), from €89,393 to €40,651
- Advances received +€37,726
up €37,726 (+174%), from €21,657 to €59,383
- Gross operating margin -€45,310
down €45,310, from €40,952 to -€4,358
- Other operating charges +€7,147
up €7,147 (+1,264%), from €566 to €7,712
- Staff costs +€4,127
up €4,127 (+26.2%), from €15,773 to €19,900
- Financial charges -€2,224
down €2,224 (-13.7%), from €16,190 to €13,966
- Taxes -€1,350
down €1,350 (-90.5%), from €1,491 to €141
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 | €527,612 | €866,115 | +€338,503 | +64.2% |
| Fixed assets | 21/28 | €3,125 | €818 | -€2,307 | -73.8% |
| Tangible fixed assets | 22/27 | €3,100 | €793 | -€2,307 | -74.4% |
| Plant, machinery and equipment | 23 | €1,832 | €767 | -€1,065 | -58.1% |
| Furniture and vehicles | 24 | €413 | €26 | -€387 | -93.7% |
| Other tangible fixed assets | 26 | €854 | €0 | -€854 | -100% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €524,486 | €865,297 | +€340,810 | +65.0% |
| Stocks and contracts in progress | 3 | €507,520 | €702,260 | +€194,740 | +38.4% |
| Stocks | 30/36 | €507,520 | €702,260 | +€194,740 | +38.4% |
| Amounts receivable within one year | 40/41 | €3,431 | €139,151 | +€135,721 | +3,956% |
| Trade receivables | 40 | €3,336 | €139,056 | +€135,721 | +4,069% |
| Other amounts receivable | 41 | €95 | €95 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,536 | €23,886 | +€10,350 | +76.5% |
| Total equity and liabilities | 10/49 | €527,612 | €866,115 | +€338,503 | +64.2% |
| Equity | 10/15 | €107,993 | €59,251 | -€48,742 | -45.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,393 | €40,651 | -€48,742 | -54.5% |
| Amounts payable | 17/49 | €419,619 | €806,864 | +€387,245 | +92.3% |
| Amounts payable within one year | 42/48 | €419,619 | €806,864 | +€387,245 | +92.3% |
| Current portion of amounts payable after more than one year | 42 | €167,748 | €38,496 | -€129,252 | -77.1% |
| Financial debts | 43 | €245 | €119,125 | +€118,880 | +48,435% |
| Credit institutions | 430/8 | €245 | €119,125 | +€118,880 | +48,435% |
| Trade debts | 44 | €61,185 | €408,162 | +€346,977 | +567% |
| Suppliers | 440/4 | €61,185 | €408,162 | +€346,977 | +567% |
| Advances received on contracts in progress | 46 | €21,657 | €59,383 | +€37,726 | +174% |
| Taxes, remuneration and social security | 45 | €15,064 | €10,515 | -€4,550 | -30.2% |
| Taxes | 450/3 | €13,239 | €9,301 | -€3,938 | -29.7% |
| Remuneration and social security | 454/9 | €1,826 | €1,214 | -€612 | -33.5% |
| Other amounts payable | 47/48 | €153,719 | €171,183 | +€17,463 | +11.4% |
| Remuneration, social security and pensions | 62 | €15,773 | €19,900 | +€4,127 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,323 | €2,901 | -€422 | -12.7% |
| Other operating charges | 640/8 | €566 | €7,712 | +€7,147 | +1,264% |
| Gross operating margin | 9900 | €40,952 | -€4,358 | -€45,310 | |
| Operating profit (loss) | 9901 | €21,291 | -€34,871 | -€56,162 | |
| Financial income | 75/76B | €161 | €236 | +€75 | +46.6% |
| Recurring financial income | 75 | €161 | €236 | +€75 | +46.6% |
| Financial charges | 65/66B | €16,190 | €13,966 | -€2,224 | -13.7% |
| Recurring financial charges | 65 | €16,190 | €13,966 | -€2,224 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €5,262 | -€48,601 | -€53,863 | |
| Income taxes | 67/77 | €1,491 | €141 | -€1,350 | -90.5% |
| Profit (loss) for the period | 9904 | €3,771 | -€48,742 | -€52,512 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,771 | -€48,742 | -€52,512 |
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 7 November 2026 via checked.be.