JAFLAR: 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.
JAFLAR
Largest movements
- Receivables after one year +€70,000
new in 2025: €70,000
- Receivables within one year -€40,264
down €40,264 (-47.6%), from €84,649 to €44,385
of which Trade receivables: -€41,851
- Tangible fixed assets -€8,767
down €8,767 (-1.7%), from €510,870 to €502,104
of which Furniture and vehicles: -€15,894
- Reserves +€124,000
up €124,000 (+69.3%), from €179,000 to €303,000
- Debts after one year -€46,188
down €46,188 (-11.6%), from €399,522 to €353,334
- Tax, wage and social debts -€34,358
down €34,358 (-66.1%), from €51,957 to €17,599
of which Taxes: -€37,056
- Trade debts -€14,933
down €14,933 (-21.6%), from €69,087 to €54,154
- Gross operating margin +€42,005
up €42,005 (+14.9%), from €281,349 to €323,354
- Staff costs +€24,657
up €24,657 (+33.9%), from €72,641 to €97,297
- Depreciation +€6,567
up €6,567 (+19.0%), from €34,570 to €41,137
- Taxes +€5,974
up €5,974 (+17.8%), from €33,475 to €39,448
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.
Derived cash bridge
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 | €773,898 | €796,618 | +€22,719 | +2.9% |
| Fixed assets | 21/28 | €510,870 | €502,104 | -€8,767 | -1.7% |
| Tangible fixed assets | 22/27 | €510,870 | €502,104 | -€8,767 | -1.7% |
| Land and buildings | 22 | €396,967 | €395,961 | -€1,005 | -0.3% |
| Plant, machinery and equipment | 23 | €36,353 | €44,486 | +€8,133 | +22.4% |
| Furniture and vehicles | 24 | €77,550 | €61,656 | -€15,894 | -20.5% |
| Current assets | 29/58 | €263,028 | €294,514 | +€31,486 | +12.0% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 291 | - | €70,000 | +€70,000 | |
| Stocks and contracts in progress | 3 | €5,847 | €9,974 | +€4,127 | +70.6% |
| Stocks | 30/36 | €5,847 | €9,974 | +€4,127 | +70.6% |
| Amounts receivable within one year | 40/41 | €84,649 | €44,385 | -€40,264 | -47.6% |
| Trade receivables | 40 | €82,408 | €40,557 | -€41,851 | -50.8% |
| Other amounts receivable | 41 | €2,241 | €3,828 | +€1,586 | +70.8% |
| Cash at bank and in hand | 54/58 | €171,226 | €166,293 | -€4,933 | -2.9% |
| Deferred charges and accrued income | 490/1 | €1,306 | €3,862 | +€2,556 | +196% |
| Total equity and liabilities | 10/49 | €773,898 | €796,618 | +€22,719 | +2.9% |
| Equity | 10/15 | €184,002 | €308,946 | +€124,944 | +67.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €179,000 | €303,000 | +€124,000 | +69.3% |
| Distributable reserves | 133 | €179,000 | €303,000 | +€124,000 | +69.3% |
| Profit (loss) carried forward | 14 | €2 | €946 | +€944 | +39,314% |
| Amounts payable | 17/49 | €589,896 | €487,672 | -€102,224 | -17.3% |
| Amounts payable after more than one year | 17 | €399,522 | €353,334 | -€46,188 | -11.6% |
| Financial debts | 170/4 | €399,522 | €353,334 | -€46,188 | -11.6% |
| Amounts payable within one year | 42/48 | €189,954 | €132,148 | -€57,806 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €48,478 | €46,188 | -€2,290 | -4.7% |
| Trade debts | 44 | €69,087 | €54,154 | -€14,933 | -21.6% |
| Suppliers | 440/4 | €69,087 | €54,154 | -€14,933 | -21.6% |
| Advances received on contracts in progress | 46 | €993 | €1,529 | +€536 | +54.0% |
| Taxes, remuneration and social security | 45 | €51,957 | €17,599 | -€34,358 | -66.1% |
| Taxes | 450/3 | €40,625 | €3,569 | -€37,056 | -91.2% |
| Remuneration and social security | 454/9 | €11,332 | €14,030 | +€2,698 | +23.8% |
| Other amounts payable | 47/48 | €19,439 | €12,678 | -€6,761 | -34.8% |
| Accrued charges and deferred income | 492/3 | €420 | €2,190 | +€1,770 | +421% |
| Remuneration, social security and pensions | 62 | €72,641 | €97,297 | +€24,657 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,570 | €41,137 | +€6,567 | +19.0% |
| Other operating charges | 640/8 | €2,859 | €3,339 | +€480 | +16.8% |
| Gross operating margin | 9900 | €281,349 | €323,354 | +€42,005 | +14.9% |
| Operating profit (loss) | 9901 | €171,280 | €181,581 | +€10,301 | +6.0% |
| Financial income | 75/76B | €2,850 | €3,143 | +€293 | +10.3% |
| Recurring financial income | 75 | €2,850 | €3,143 | +€293 | +10.3% |
| Financial charges | 65/66B | €21,524 | €20,332 | -€1,192 | -5.5% |
| Recurring financial charges | 65 | €21,524 | €20,332 | -€1,192 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €152,606 | €164,392 | +€11,786 | +7.7% |
| Income taxes | 67/77 | €33,475 | €39,448 | +€5,974 | +17.8% |
| Profit (loss) for the period | 9904 | €119,131 | €124,944 | +€5,812 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €119,131 | €124,944 | +€5,812 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.