JAFARI: what changed
Two fiscal 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.
JAFARI
Largest movements
- Receivables within one year +€22,732
up €22,732 (+30.6%), from €74,353 to €97,085
of which Other amounts receivable: +€21,932
- Tangible fixed assets -€17,835
down €17,835 (-30.7%), from €58,052 to €40,217
of which Furniture and vehicles: -€17,835
- Stocks and contracts -€2,238
down €2,238 (-43.4%), from €5,154 to €2,916
- Profit (loss) carried forward +€33,465
up €33,465 (+947.0%), from €3,534 to €36,999
- Other debts -€24,000
no longer reported in 2025 (was €24,000)
- Trade debts +€10,135
up €10,135 (+45.3%), from €22,382 to €32,517
- Debts after one year -€7,557
down €7,557 (-16.7%), from €45,309 to €37,752
- Tax, wage and social debts -€6,300
down €6,300 (-23.5%), from €26,828 to €20,529
of which Remuneration and social security: -€4,155
- Staff costs -€30,522
down €30,522 (-34.5%), from €88,405 to €57,884
- Taxes +€8,860
up €8,860 (+427.5%), from €2,073 to €10,932
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 | €140,625 | €144,390 | +€3,765 | +2.7% |
| Fixed assets | 21/28 | €58,052 | €40,217 | -€17,835 | -30.7% |
| Tangible fixed assets | 22/27 | €58,052 | €40,217 | -€17,835 | -30.7% |
| Plant, machinery and equipment | 23 | €699 | €699 | = | 0.0% |
| Furniture and vehicles | 24 | €57,352 | €39,518 | -€17,835 | -31.1% |
| Current assets | 29/58 | €82,573 | €104,173 | +€21,599 | +26.2% |
| Stocks and contracts in progress | 3 | €5,154 | €2,916 | -€2,238 | -43.4% |
| Stocks | 30/36 | €5,154 | €2,916 | -€2,238 | -43.4% |
| Amounts receivable within one year | 40/41 | €74,353 | €97,085 | +€22,732 | +30.6% |
| Trade receivables | 40 | - | €800 | +€800 | |
| Other amounts receivable | 41 | €74,353 | €96,285 | +€21,932 | +29.5% |
| Cash at bank and in hand | 54/58 | €3,067 | €4,172 | +€1,105 | +36.0% |
| Total equity and liabilities | 10/49 | €140,625 | €144,390 | +€3,765 | +2.7% |
| Equity | 10/15 | €13,734 | €47,199 | +€33,465 | +243.7% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,534 | €36,999 | +€33,465 | +947.0% |
| Amounts payable | 17/49 | €126,891 | €97,191 | -€29,700 | -23.4% |
| Amounts payable after more than one year | 17 | €45,309 | €37,752 | -€7,557 | -16.7% |
| Financial debts | 170/4 | €45,309 | €37,752 | -€7,557 | -16.7% |
| Amounts payable within one year | 42/48 | €81,583 | €59,439 | -€22,144 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €5,697 | €6,394 | +€697 | +12.2% |
| Financial debts | 43 | €2,675 | - | -€2,675 | |
| Credit institutions | 430/8 | €2,675 | - | -€2,675 | |
| Trade debts | 44 | €22,382 | €32,517 | +€10,135 | +45.3% |
| Suppliers | 440/4 | €22,382 | €32,517 | +€10,135 | +45.3% |
| Taxes, remuneration and social security | 45 | €26,828 | €20,529 | -€6,300 | -23.5% |
| Taxes | 450/3 | €17,781 | €15,636 | -€2,145 | -12.1% |
| Remuneration and social security | 454/9 | €9,047 | €4,892 | -€4,155 | -45.9% |
| Other amounts payable | 47/48 | €24,000 | - | -€24,000 | |
| Remuneration, social security and pensions | 62 | €88,405 | €57,884 | -€30,522 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,458 | €14,289 | -€1,169 | -7.6% |
| Other operating charges | 640/8 | €3,083 | €2,105 | -€978 | -31.7% |
| Gross operating margin | 9900 | €124,943 | €124,500 | -€443 | -0.4% |
| Operating profit (loss) | 9901 | €17,997 | €50,222 | +€32,226 | +179.1% |
| Financial charges | 65/66B | €6,037 | €5,825 | -€211 | -3.5% |
| Recurring financial charges | 65 | €6,037 | €5,825 | -€211 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €11,960 | €44,397 | +€32,437 | +271.2% |
| Income taxes | 67/77 | €2,073 | €10,932 | +€8,860 | +427.5% |
| Profit (loss) for the period | 9904 | €9,887 | €33,465 | +€23,577 | +238.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,887 | €33,465 | +€23,577 | +238.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.