JALOFIN: 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.
JALOFIN
Largest movements
- Cash +€7,333
up €7,333 (+15.9%), from €46,103 to €53,436
mainly Net result for the year (+€40,298) and Other debts (+€11,758)
- Tangible fixed assets +€7,259
up €7,259 (+87.4%), from €8,309 to €15,568
of which Furniture and vehicles: +€7,259
- Deferred charges and accrued income +€1,576
up €1,576 (+72.2%), from €2,181 to €3,756
- Profit (loss) carried forward -€47,886
down €47,886 (-100.0%), from €47,886 to €0
- Reserves +€38,279
new in 2025: €38,279
of which Distributable reserves: +€36,419
- Other debts +€11,758
up €11,758 (+29.4%), from €40,007 to €51,765
- Tax, wage and social debts +€10,058
up €10,058 (+100.6%), from €10,003 to €20,061
- Debts after one year +€4,875
new in 2025: €4,875
- Gross operating margin +€16,568
up €16,568 (+37.4%), from €44,318 to €60,886
- Financial income -€9,176
down €9,176 (-86.2%), from €10,644 to €1,468
of which Financial income: -€10,166
- Taxes +€7,031
up €7,031 (+75.9%), from €9,264 to €16,295
- Financial charges -€6,648
down €6,648 (-82.9%), from €8,018 to €1,370
- Other operating charges -€1,908
down €1,908 (-63.4%), from €3,009 to €1,101
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 | €120,803 | €137,479 | +€16,676 | +13.8% |
| Fixed assets | 21/28 | €26,675 | €33,834 | +€7,159 | +26.8% |
| Intangible fixed assets | 21 | €341 | €241 | -€100 | -29.3% |
| Tangible fixed assets | 22/27 | €8,309 | €15,568 | +€7,259 | +87.4% |
| Furniture and vehicles | 24 | €4,461 | €11,720 | +€7,259 | +162.7% |
| Other tangible fixed assets | 26 | €3,848 | €3,848 | = | 0.0% |
| Financial fixed assets | 28 | €18,025 | €18,025 | = | 0.0% |
| Current assets | 29/58 | €94,128 | €103,645 | +€9,517 | +10.1% |
| Amounts receivable within one year | 40/41 | €23,590 | €24,368 | +€778 | +3.3% |
| Trade receivables | 40 | €16,473 | €18,354 | +€1,881 | +11.4% |
| Other amounts receivable | 41 | €7,117 | €6,014 | -€1,103 | -15.5% |
| Current investments | 50/53 | €22,254 | €22,085 | -€170 | -0.8% |
| Cash at bank and in hand | 54/58 | €46,103 | €53,436 | +€7,333 | +15.9% |
| Deferred charges and accrued income | 490/1 | €2,181 | €3,756 | +€1,576 | +72.2% |
| Total equity and liabilities | 10/49 | €120,803 | €137,479 | +€16,676 | +13.8% |
| Equity | 10/15 | €68,346 | €56,879 | -€11,467 | -16.8% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | - | €38,279 | +€38,279 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €36,419 | +€36,419 | |
| Profit (loss) carried forward | 14 | €47,886 | €0 | -€47,886 | -100.0% |
| Amounts payable | 17/49 | €52,457 | €80,600 | +€28,143 | +53.6% |
| Amounts payable after more than one year | 17 | - | €4,875 | +€4,875 | |
| Financial debts | 170/4 | - | €4,875 | +€4,875 | |
| Amounts payable within one year | 42/48 | €52,457 | €75,725 | +€23,268 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €2,222 | +€2,222 | |
| Trade debts | 44 | €2,448 | €1,677 | -€770 | -31.5% |
| Suppliers | 440/4 | €2,448 | €1,677 | -€770 | -31.5% |
| Taxes, remuneration and social security | 45 | €10,003 | €20,061 | +€10,058 | +100.6% |
| Taxes | 450/3 | €10,003 | €20,061 | +€10,058 | +100.6% |
| Other amounts payable | 47/48 | €40,007 | €51,765 | +€11,758 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €3,291 | +€1,501 | +83.9% |
| Other operating charges | 640/8 | €3,009 | €1,101 | -€1,908 | -63.4% |
| Gross operating margin | 9900 | €44,318 | €60,886 | +€16,568 | +37.4% |
| Operating profit (loss) | 9901 | €39,520 | €56,494 | +€16,975 | +43.0% |
| Financial income | 75/76B | €10,644 | €1,468 | -€9,176 | -86.2% |
| Recurring financial income | 75 | €10,644 | €478 | -€10,166 | -95.5% |
| Non-recurring financial income | 76B | - | €990 | +€990 | |
| Financial charges | 65/66B | €8,018 | €1,370 | -€6,648 | -82.9% |
| Recurring financial charges | 65 | €8,018 | €1,370 | -€6,648 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €42,145 | €56,592 | +€14,447 | +34.3% |
| Income taxes | 67/77 | €9,264 | €16,295 | +€7,031 | +75.9% |
| Profit (loss) for the period | 9904 | €32,881 | €40,298 | +€7,417 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,881 | €40,298 | +€7,417 | +22.6% |
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.