JAFAR: 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.
JAFAR
Largest movements
- Tangible fixed assets -€4,739
down €4,739 (-12.4%), from €38,110 to €33,371
- Receivables within one year +€1,752
up €1,752 (+40.1%), from €4,365 to €6,117
- Other debts -€4,997
down €4,997 (-42.6%), from €11,739 to €6,742
- Trade debts +€3,878
new in 2024: €3,878
- Tax, wage and social debts -€1,161
down €1,161 (-85.2%), from €1,363 to €202
- Financial income -€2,750
no longer reported in 2024 (was €2,750)
- Taxes -€1,161
down €1,161 (-85.2%), from €1,363 to €202
- Gross operating margin -€896
down €896 (-13.7%), from €6,520 to €5,625
- Other operating charges +€393
up €393 (+361.0%), from €109 to €502
- Depreciation -€278
down €278 (-5.5%), from €5,016 to €4,739
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,301 | €87,026 | -€2,276 | -2.5% |
| Fixed assets | 21/28 | €39,845 | €35,106 | -€4,739 | -11.9% |
| Tangible fixed assets | 22/27 | €38,110 | €33,371 | -€4,739 | -12.4% |
| Land and buildings | 22 | €38,110 | €33,371 | -€4,739 | -12.4% |
| Financial fixed assets | 28 | €1,735 | €1,735 | = | 0.0% |
| Current assets | 29/58 | €49,456 | €51,920 | +€2,463 | +5.0% |
| Amounts receivable within one year | 40/41 | €4,365 | €6,117 | +€1,752 | +40.1% |
| Other amounts receivable | 41 | €4,365 | €6,117 | +€1,752 | +40.1% |
| Current investments | 50/53 | €183 | €183 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,909 | €45,620 | +€711 | +1.6% |
| Total equity and liabilities | 10/49 | €89,301 | €87,026 | -€2,276 | -2.5% |
| Equity | 10/15 | €76,200 | €76,204 | +€4 | 0.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €61,217 | €61,217 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,440 | €19,440 | = | 0.0% |
| Distributable reserves | 133 | €39,918 | €39,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,786 | €8,790 | +€4 | 0.0% |
| Amounts payable | 17/49 | €13,101 | €10,821 | -€2,280 | -17.4% |
| Amounts payable within one year | 42/48 | €13,101 | €10,821 | -€2,280 | -17.4% |
| Trade debts | 44 | - | €3,878 | +€3,878 | |
| Suppliers | 440/4 | - | €3,878 | +€3,878 | |
| Taxes, remuneration and social security | 45 | €1,363 | €202 | -€1,161 | -85.2% |
| Taxes | 450/3 | €1,363 | €202 | -€1,161 | -85.2% |
| Other amounts payable | 47/48 | €11,739 | €6,742 | -€4,997 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,016 | €4,739 | -€278 | -5.5% |
| Other operating charges | 640/8 | €109 | €502 | +€393 | +361.0% |
| Gross operating margin | 9900 | €6,520 | €5,625 | -€896 | -13.7% |
| Operating profit (loss) | 9901 | €1,395 | €384 | -€1,011 | -72.5% |
| Financial income | 75/76B | €2,750 | - | -€2,750 | |
| Recurring financial income | 75 | €2,750 | - | -€2,750 | |
| Financial charges | 65/66B | €219 | €177 | -€42 | -19.0% |
| Recurring financial charges | 65 | €219 | €177 | -€42 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €3,926 | €206 | -€3,720 | -94.7% |
| Income taxes | 67/77 | €1,363 | €202 | -€1,161 | -85.2% |
| Profit (loss) for the period | 9904 | €2,563 | €4 | -€2,559 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,563 | €4 | -€2,559 | -99.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.