JAFI: 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.
JAFI
Largest movements
- Cash +€62,879
up €62,879 (+884.4%), from €7,110 to €69,988
mainly Current investments (+€51,553) and Net result for the year (+€10,918)
- Current investments -€51,553
no longer reported in 2025 (was €51,553)
- Receivables within one year +€1,026
up €1,026 (+5.0%), from €20,624 to €21,650
- Profit (loss) carried forward +€10,918
up €10,918 (+32.0%), from -€34,073 to -€23,154
- Tax, wage and social debts +€952
new in 2025: €952
- Financial income +€15,706
up €15,706 (+2593.4%), from €606 to €16,311
- Gross operating margin +€8,602
up €8,602 (+67.8%), from -€12,693 to -€4,090
- Financial charges -€1,196
down €1,196 (-89.3%), from €1,339 to €143
- Taxes +€1,032
up €1,032, from €0 to €1,032
- Other operating charges -€182
down €182 (-58.8%), from €310 to €128
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 | €79,287 | €91,639 | +€12,352 | +15.6% |
| Current assets | 29/58 | €79,287 | €91,639 | +€12,352 | +15.6% |
| Amounts receivable within one year | 40/41 | €20,624 | €21,650 | +€1,026 | +5.0% |
| Other amounts receivable | 41 | €20,624 | €21,650 | +€1,026 | +5.0% |
| Current investments | 50/53 | €51,553 | - | -€51,553 | |
| Cash at bank and in hand | 54/58 | €7,110 | €69,988 | +€62,879 | +884.4% |
| Total equity and liabilities | 10/49 | €79,287 | €91,639 | +€12,352 | +15.6% |
| Equity | 10/15 | €36,756 | €47,674 | +€10,918 | +29.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €40,828 | €40,828 | = | 0.0% |
| Distributable reserves | 133 | €40,828 | €40,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,073 | -€23,154 | +€10,918 | +32.0% |
| Amounts payable | 17/49 | €42,531 | €43,965 | +€1,434 | +3.4% |
| Amounts payable within one year | 42/48 | €42,531 | €43,965 | +€1,434 | +3.4% |
| Trade debts | 44 | €231 | €713 | +€482 | +208.6% |
| Suppliers | 440/4 | €231 | €713 | +€482 | +208.6% |
| Taxes, remuneration and social security | 45 | - | €952 | +€952 | |
| Taxes | 450/3 | - | €952 | +€952 | |
| Other amounts payable | 47/48 | €42,300 | €42,300 | = | 0.0% |
| Other operating charges | 640/8 | €310 | €128 | -€182 | -58.8% |
| Gross operating margin | 9900 | -€12,693 | -€4,090 | +€8,602 | +67.8% |
| Operating profit (loss) | 9901 | -€13,003 | -€4,218 | +€8,785 | +67.6% |
| Financial income | 75/76B | €606 | €16,311 | +€15,706 | +2593.4% |
| Recurring financial income | 75 | €606 | €16,311 | +€15,706 | +2593.4% |
| Financial charges | 65/66B | €1,339 | €143 | -€1,196 | -89.3% |
| Recurring financial charges | 65 | €1,339 | €143 | -€1,196 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,737 | €11,950 | +€25,687 | |
| Income taxes | 67/77 | €0 | €1,032 | +€1,032 | |
| Profit (loss) for the period | 9904 | -€13,737 | €10,918 | +€24,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,737 | €10,918 | +€24,655 |
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 8 October 2026 via checked.be.