JAPAFRACI: what changed
JAPAFRACI
Largest movements
- Cash -€19,748
down €19,748 (-88.3%), from €22,376 to €2,628
mainly Tax, wage and social debts (-€9,000) and Investment in fixed assets (net) (-€8,600)
- Tangible fixed assets -€6,665
down €6,665 (-16.7%), from €39,988 to €33,322
of which Furniture and vehicles: -€7,132
- Deferred charges and accrued income +€5,677
up €5,677 (+1,411%), from €402 to €6,080
- Stocks and contracts +€4,277
new in 2025: €4,277
- Tax, wage and social debts -€9,000
down €9,000 (-70.8%), from €12,714 to €3,714
- Trade debts +€8,608
up €8,608 (+116%), from €7,419 to €16,026
- Debts after one year -€7,546
down €7,546 (-41.6%), from €18,144 to €10,598
- Profit (loss) carried forward -€5,552
new in 2025: -€5,552
- Current portion of long-term debt -€2,190
down €2,190 (-22.5%), from €9,736 to €7,546
- Gross operating margin -€54,467
down €54,467 (-85.1%), from €64,039 to €9,572
- Taxes -€15,214
down €15,214 (-100%), from €15,214 to €0
- Financial income +€1,511
up €1,511 (+237%), from €638 to €2,149
of which Non-recurring financial income: +€1,108
- Depreciation +€865
up €865 (+6.0%), from €14,400 to €15,265
- Other operating charges -€673
down €673 (-73.1%), from €920 to €248
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,735 | €66,054 | -€15,681 | -19.2% |
| Fixed assets | 21/28 | €39,988 | €33,322 | -€6,665 | -16.7% |
| Tangible fixed assets | 22/27 | €39,988 | €33,322 | -€6,665 | -16.7% |
| Land and buildings | 22 | - | €6,305 | +€6,305 | |
| Plant, machinery and equipment | 23 | €15,006 | €9,167 | -€5,839 | -38.9% |
| Furniture and vehicles | 24 | €24,982 | €17,850 | -€7,132 | -28.5% |
| Current assets | 29/58 | €41,747 | €32,732 | -€9,015 | -21.6% |
| Stocks and contracts in progress | 3 | - | €4,277 | +€4,277 | |
| Stocks | 30/36 | - | €4,277 | +€4,277 | |
| Amounts receivable within one year | 40/41 | €18,969 | €19,747 | +€779 | +4.1% |
| Other amounts receivable | 41 | €18,969 | €19,747 | +€779 | +4.1% |
| Cash at bank and in hand | 54/58 | €22,376 | €2,628 | -€19,748 | -88.3% |
| Deferred charges and accrued income | 490/1 | €402 | €6,080 | +€5,677 | +1,411% |
| Total equity and liabilities | 10/49 | €81,735 | €66,054 | -€15,681 | -19.2% |
| Equity | 10/15 | €33,722 | €28,169 | -€5,552 | -16.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €32,222 | €32,222 | = | 0.0% |
| Distributable reserves | 133 | €32,222 | €32,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,552 | -€5,552 | |
| Amounts payable | 17/49 | €48,013 | €37,885 | -€10,129 | -21.1% |
| Amounts payable after more than one year | 17 | €18,144 | €10,598 | -€7,546 | -41.6% |
| Financial debts | 170/4 | €18,144 | €10,598 | -€7,546 | -41.6% |
| Amounts payable within one year | 42/48 | €29,869 | €27,287 | -€2,582 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €9,736 | €7,546 | -€2,190 | -22.5% |
| Trade debts | 44 | €7,419 | €16,026 | +€8,608 | +116% |
| Suppliers | 440/4 | €7,419 | €16,026 | +€8,608 | +116% |
| Taxes, remuneration and social security | 45 | €12,714 | €3,714 | -€9,000 | -70.8% |
| Taxes | 450/3 | €12,714 | €3,714 | -€9,000 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,400 | €15,265 | +€865 | +6.0% |
| Other operating charges | 640/8 | €920 | €248 | -€673 | -73.1% |
| Gross operating margin | 9900 | €64,039 | €9,572 | -€54,467 | -85.1% |
| Operating profit (loss) | 9901 | €48,718 | -€5,941 | -€54,659 | |
| Financial income | 75/76B | €638 | €2,149 | +€1,511 | +237% |
| Recurring financial income | 75 | €638 | €1,042 | +€404 | +63.3% |
| Non-recurring financial income | 76B | - | €1,108 | +€1,108 | |
| Financial charges | 65/66B | €1,920 | €1,760 | -€160 | -8.3% |
| Recurring financial charges | 65 | €1,920 | €1,760 | -€160 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €47,436 | -€5,552 | -€52,988 | |
| Income taxes | 67/77 | €15,214 | €0 | -€15,214 | -100% |
| Profit (loss) for the period | 9904 | €32,222 | -€5,552 | -€37,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,222 | -€5,552 | -€37,774 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.