Jaffa: 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.
Jaffa
Largest movements
- Tangible fixed assets -€52,370
down €52,370 (-58.4%), from €89,600 to €37,230
- Receivables within one year -€13,719
down €13,719 (-60.6%), from €22,641 to €8,923
of which Other amounts receivable: -€7,162
- Cash +€7,731
up €7,731 (+42.0%), from €18,391 to €26,122
mainly Investment in fixed assets (net) (+€38,335) and Depreciation (+€14,035)
- Deferred charges and accrued income -€2,219
no longer reported in 2025 (was €2,219)
- Debts after one year -€62,745
down €62,745 (-83.6%), from €75,049 to €12,304
- Other debts +€8,335
up €8,335 (+44.2%), from €18,853 to €27,188
- Current portion of long-term debt -€7,200
down €7,200 (-44.4%), from €16,200 to €9,000
- Profit (loss) carried forward +€6,589
up €6,589 (+664.8%), from €991 to €7,581
- Trade debts -€6,149
no longer reported in 2025 (was €6,149)
- Gross operating margin +€13,079
up €13,079 (+101.4%), from €12,894 to €25,973
- Depreciation +€8,095
up €8,095 (+136.3%), from €5,939 to €14,035
- Other operating charges -€3,181
down €3,181 (-58.6%), from €5,432 to €2,251
- Taxes +€1,127
up €1,127 (+187.8%), from €600 to €1,727
- Financial charges +€734
up €734 (+138.5%), from €530 to €1,264
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 | €132,851 | €72,275 | -€60,576 | -45.6% |
| Fixed assets | 21/28 | €89,600 | €37,230 | -€52,370 | -58.4% |
| Tangible fixed assets | 22/27 | €89,600 | €37,230 | -€52,370 | -58.4% |
| Furniture and vehicles | 24 | €89,600 | €37,230 | -€52,370 | -58.4% |
| Current assets | 29/58 | €43,251 | €35,045 | -€8,207 | -19.0% |
| Amounts receivable within one year | 40/41 | €22,641 | €8,923 | -€13,719 | -60.6% |
| Trade receivables | 40 | €15,441 | €8,884 | -€6,557 | -42.5% |
| Other amounts receivable | 41 | €7,200 | €38 | -€7,162 | -99.5% |
| Cash at bank and in hand | 54/58 | €18,391 | €26,122 | +€7,731 | +42.0% |
| Deferred charges and accrued income | 490/1 | €2,219 | - | -€2,219 | |
| Total equity and liabilities | 10/49 | €132,851 | €72,275 | -€60,576 | -45.6% |
| Equity | 10/15 | €13,991 | €20,581 | +€6,589 | +47.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €991 | €7,581 | +€6,589 | +664.8% |
| Amounts payable | 17/49 | €118,860 | €51,694 | -€67,166 | -56.5% |
| Amounts payable after more than one year | 17 | €75,049 | €12,304 | -€62,745 | -83.6% |
| Financial debts | 170/4 | €75,049 | €12,304 | -€62,745 | -83.6% |
| Amounts payable within one year | 42/48 | €43,747 | €39,390 | -€4,357 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €16,200 | €9,000 | -€7,200 | -44.4% |
| Trade debts | 44 | €6,149 | - | -€6,149 | |
| Suppliers | 440/4 | €6,149 | - | -€6,149 | |
| Taxes, remuneration and social security | 45 | €2,545 | €3,202 | +€657 | +25.8% |
| Taxes | 450/3 | €2,545 | €3,202 | +€657 | +25.8% |
| Other amounts payable | 47/48 | €18,853 | €27,188 | +€8,335 | +44.2% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Remuneration, social security and pensions | 62 | - | €108 | +€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,939 | €14,035 | +€8,095 | +136.3% |
| Other operating charges | 640/8 | €5,432 | €2,251 | -€3,181 | -58.6% |
| Gross operating margin | 9900 | €12,894 | €25,973 | +€13,079 | +101.4% |
| Operating profit (loss) | 9901 | €1,523 | €9,580 | +€8,056 | +528.9% |
| Financial charges | 65/66B | €530 | €1,264 | +€734 | +138.5% |
| Recurring financial charges | 65 | €530 | €1,264 | +€734 | +138.5% |
| Profit (loss) for the period before taxes | 9903 | €993 | €8,316 | +€7,322 | +737.1% |
| Income taxes | 67/77 | €600 | €1,727 | +€1,127 | +187.8% |
| Profit (loss) for the period | 9904 | €393 | €6,589 | +€6,196 | +1574.7% |
| Profit (loss) for the period to be appropriated | 9905 | €393 | €6,589 | +€6,196 | +1574.7% |
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.