JAFAB: 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.
JAFAB
Largest movements
- Tangible fixed assets +€40,031
up €40,031 (+76.0%), from €52,677 to €92,708
of which Other tangible fixed assets: +€34,032
- Profit (loss) carried forward +€30,927
up €30,927 (+43.2%), from €71,568 to €102,495
- Trade debts +€4,218
up €4,218 (+38.3%), from €11,002 to €15,220
- Other debts +€2,918
new in 2025: €2,918
- Purchases and services -€287,739
no longer reported in 2025 (was €287,739)
- Gross operating margin +€30,534
up €30,534 (+85.7%), from €35,609 to €66,143
- Other operating charges +€2,777
up €2,777 (+661.1%), from €420 to €3,197
- Staff costs -€1,236
down €1,236 (-6.6%), from €18,714 to €17,478
- Financial charges -€827
down €827 (-24.2%), from €3,421 to €2,594
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 | €111,767 | €150,920 | +€39,153 | +35.0% |
| Fixed assets | 21/28 | €52,905 | €92,937 | +€40,032 | +75.7% |
| Tangible fixed assets | 22/27 | €52,677 | €92,708 | +€40,031 | +76.0% |
| Plant, machinery and equipment | 23 | €3,028 | €2,271 | -€757 | -25.0% |
| Furniture and vehicles | 24 | €1,760 | €8,516 | +€6,756 | +383.9% |
| Other tangible fixed assets | 26 | €47,889 | €81,921 | +€34,032 | +71.1% |
| Financial fixed assets | 28 | €228 | €228 | +€0 | +0.2% |
| Current assets | 29/58 | €58,862 | €57,983 | -€879 | -1.5% |
| Amounts receivable within one year | 40/41 | €2,730 | €1,522 | -€1,208 | -44.3% |
| Trade receivables | 40 | €1,297 | €1,522 | +€225 | +17.3% |
| Other amounts receivable | 41 | €1,433 | - | -€1,433 | |
| Cash at bank and in hand | 54/58 | €56,132 | €56,462 | +€330 | +0.6% |
| Total equity and liabilities | 10/49 | €111,767 | €150,920 | +€39,153 | +35.0% |
| Equity | 10/15 | €97,668 | €128,595 | +€30,927 | +31.7% |
| Contributions | 10/11 | €22,600 | €22,600 | = | 0.0% |
| Capital | 10 | €22,600 | - | -€22,600 | |
| Issued capital | 100 | €35,000 | - | -€35,000 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | - | -€3,500 | |
| Reserves not available under the articles | 1311 | - | €3,500 | +€3,500 | |
| Profit (loss) carried forward | 14 | €71,568 | €102,495 | +€30,927 | +43.2% |
| Amounts payable | 17/49 | €14,099 | €22,325 | +€8,226 | +58.3% |
| Amounts payable within one year | 42/48 | €14,099 | €22,325 | +€8,226 | +58.3% |
| Trade debts | 44 | €11,002 | €15,220 | +€4,218 | +38.3% |
| Suppliers | 440/4 | €11,002 | €15,220 | +€4,218 | +38.3% |
| Taxes, remuneration and social security | 45 | €3,097 | €4,187 | +€1,090 | +35.2% |
| Taxes | 450/3 | €3,097 | €3,579 | +€482 | +15.6% |
| Remuneration and social security | 454/9 | - | €608 | +€608 | |
| Other amounts payable | 47/48 | - | €2,918 | +€2,918 | |
| Goods, raw materials, services and sundry goods | 60/61 | €287,739 | - | -€287,739 | |
| Remuneration, social security and pensions | 62 | €18,714 | €17,478 | -€1,236 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,831 | €11,806 | -€25 | -0.2% |
| Other operating charges | 640/8 | €420 | €3,197 | +€2,777 | +661.1% |
| Gross operating margin | 9900 | €35,609 | €66,143 | +€30,534 | +85.7% |
| Operating profit (loss) | 9901 | €4,644 | €33,662 | +€29,018 | +624.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,421 | €2,594 | -€827 | -24.2% |
| Recurring financial charges | 65 | €3,421 | €2,594 | -€827 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €1,223 | €31,068 | +€29,845 | +2440.3% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €1,223 | €30,927 | +€29,704 | +2428.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,223 | €30,927 | +€29,704 | +2428.8% |
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 9 October 2026 via checked.be.