J.F. TRANS: what changed
J.F. TRANS
Largest movements
- Tangible fixed assets -€37,545
down €37,545 (-35.2%), from €106,765 to €69,220
of which Furniture and vehicles: -€34,518
- Cash +€23,412
up €23,412 (+37.6%), from €62,258 to €85,670
mainly Depreciation (+€37,545) and Other debts (+€11,474)
- Receivables after one year -€5,799
down €5,799 (-12.4%), from €46,649 to €40,850
- Reserves -€13,293
down €13,293 (-7.1%), from €187,904 to €174,611
of which Distributable reserves: -€13,293
- Other debts +€11,474
up €11,474 (+161%), from €7,110 to €18,583
- Tax, wage and social debts -€6,622
down €6,622 (-66.5%), from €9,956 to €3,334
- Current portion of long-term debt -€5,829
down €5,829 (-54.4%), from €10,717 to €4,888
- Debts after one year -€4,888
down €4,888 (-26.6%), from €18,375 to €13,488
- Depreciation +€9,977
up €9,977 (+36.2%), from €27,568 to €37,545
- Gross operating margin -€9,756
down €9,756 (-17.8%), from €54,673 to €44,917
- Taxes -€8,371
down €8,371 (-74.0%), from €11,306 to €2,935
- Other operating charges -€1,150
down €1,150 (-47.6%), from €2,416 to €1,266
- Financial income -€582
down €582 (-12.4%), from €4,698 to €4,116
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 | €238,783 | €220,478 | -€18,305 | -7.7% |
| Fixed assets | 21/28 | €106,765 | €69,220 | -€37,545 | -35.2% |
| Tangible fixed assets | 22/27 | €106,765 | €69,220 | -€37,545 | -35.2% |
| Plant, machinery and equipment | 23 | €12,334 | €9,306 | -€3,028 | -24.5% |
| Furniture and vehicles | 24 | €94,431 | €59,913 | -€34,518 | -36.6% |
| Current assets | 29/58 | €132,018 | €151,258 | +€19,240 | +14.6% |
| Amounts receivable after more than one year | 29 | €46,649 | €40,850 | -€5,799 | -12.4% |
| Other amounts receivable | 291 | €46,649 | €40,850 | -€5,799 | -12.4% |
| Amounts receivable within one year | 40/41 | €22,165 | €23,779 | +€1,614 | +7.3% |
| Trade receivables | 40 | €19,683 | €21,575 | +€1,892 | +9.6% |
| Other amounts receivable | 41 | €2,482 | €2,204 | -€278 | -11.2% |
| Cash at bank and in hand | 54/58 | €62,258 | €85,670 | +€23,412 | +37.6% |
| Deferred charges and accrued income | 490/1 | €946 | €959 | +€13 | +1.4% |
| Total equity and liabilities | 10/49 | €238,783 | €220,478 | -€18,305 | -7.7% |
| Equity | 10/15 | €187,904 | €174,611 | -€13,293 | -7.1% |
| Reserves | 13 | €187,904 | €174,611 | -€13,293 | -7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €186,045 | €172,752 | -€13,293 | -7.1% |
| Amounts payable | 17/49 | €50,879 | €45,867 | -€5,012 | -9.9% |
| Amounts payable after more than one year | 17 | €18,375 | €13,488 | -€4,888 | -26.6% |
| Financial debts | 170/4 | €18,375 | €13,488 | -€4,888 | -26.6% |
| Amounts payable within one year | 42/48 | €32,503 | €30,773 | -€1,731 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €10,717 | €4,888 | -€5,829 | -54.4% |
| Trade debts | 44 | €4,721 | €3,968 | -€753 | -16.0% |
| Suppliers | 440/4 | €4,721 | €3,968 | -€753 | -16.0% |
| Taxes, remuneration and social security | 45 | €9,956 | €3,334 | -€6,622 | -66.5% |
| Taxes | 450/3 | €9,956 | €3,334 | -€6,622 | -66.5% |
| Other amounts payable | 47/48 | €7,110 | €18,583 | +€11,474 | +161% |
| Accrued charges and deferred income | 492/3 | - | €1,607 | +€1,607 | |
| Non-recurring operating income | 76A | €16,730 | €5,421 | -€11,310 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,568 | €37,545 | +€9,977 | +36.2% |
| Other operating charges | 640/8 | €2,416 | €1,266 | -€1,150 | -47.6% |
| Gross operating margin | 9900 | €54,673 | €44,917 | -€9,756 | -17.8% |
| Operating profit (loss) | 9901 | €24,689 | €6,106 | -€18,583 | -75.3% |
| Financial income | 75/76B | €4,698 | €4,116 | -€582 | -12.4% |
| Recurring financial income | 75 | €4,698 | €4,116 | -€582 | -12.4% |
| Financial charges | 65/66B | €791 | €1,018 | +€227 | +28.7% |
| Recurring financial charges | 65 | €791 | €1,018 | +€227 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €28,596 | €9,204 | -€19,392 | -67.8% |
| Income taxes | 67/77 | €11,306 | €2,935 | -€8,371 | -74.0% |
| Profit (loss) for the period | 9904 | €17,290 | €6,268 | -€11,022 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,290 | €6,268 | -€11,022 | -63.7% |
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.