Japhagri: 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.
Japhagri
Largest movements
- Tangible fixed assets -€13,759
down €13,759 (-13.1%), from €105,142 to €91,383
of which Furniture and vehicles: -€16,183
- Receivables within one year -€11,235
down €11,235 (-21.2%), from €53,083 to €41,847
of which Trade receivables: -€11,315
- Cash -€9,093
down €9,093 (-26.5%), from €34,267 to €25,174
mainly Debts after one year (-€20,054) and Investment in fixed assets (net) (-€18,500)
- Debts after one year -€20,054
down €20,054 (-95.3%), from €21,052 to €998
- Reserves -€9,028
down €9,028 (-26.4%), from €34,237 to €25,209
of which Tax-exempt reserves: -€9,028
- Provisions -€3,573
down €3,573 (-27.8%), from €12,861 to €9,289
- Profit (loss) carried forward +€2,089
up €2,089 (+10.2%), from -€20,562 to -€18,473
- Gross operating margin -€12,816
down €12,816 (-36.3%), from €35,283 to €22,467
- Depreciation +€1,953
up €1,953 (+6.4%), from €30,306 to €32,259
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 | €193,744 | €159,724 | -€34,019 | -17.6% |
| Fixed assets | 21/28 | €105,142 | €91,383 | -€13,759 | -13.1% |
| Tangible fixed assets | 22/27 | €105,142 | €91,383 | -€13,759 | -13.1% |
| Land and buildings | 22 | €27,770 | €23,803 | -€3,967 | -14.3% |
| Plant, machinery and equipment | 23 | €22,531 | €28,922 | +€6,391 | +28.4% |
| Furniture and vehicles | 24 | €54,841 | €38,658 | -€16,183 | -29.5% |
| Current assets | 29/58 | €88,601 | €68,341 | -€20,260 | -22.9% |
| Amounts receivable within one year | 40/41 | €53,083 | €41,847 | -€11,235 | -21.2% |
| Trade receivables | 40 | €53,083 | €41,768 | -€11,315 | -21.3% |
| Other amounts receivable | 41 | - | €79 | +€79 | |
| Cash at bank and in hand | 54/58 | €34,267 | €25,174 | -€9,093 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,252 | €1,319 | +€68 | +5.4% |
| Total equity and liabilities | 10/49 | €193,744 | €159,724 | -€34,019 | -17.6% |
| Equity | 10/15 | €38,675 | €31,736 | -€6,940 | -17.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €34,237 | €25,209 | -€9,028 | -26.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,737 | €22,709 | -€9,028 | -28.4% |
| Profit (loss) carried forward | 14 | -€20,562 | -€18,473 | +€2,089 | +10.2% |
| Provisions and deferred taxes | 16 | €12,861 | €9,289 | -€3,573 | -27.8% |
| Deferred taxes | 168 | €12,861 | €9,289 | -€3,573 | -27.8% |
| Amounts payable | 17/49 | €142,207 | €118,700 | -€23,507 | -16.5% |
| Amounts payable after more than one year | 17 | €21,052 | €998 | -€20,054 | -95.3% |
| Financial debts | 170/4 | €21,052 | €998 | -€20,054 | -95.3% |
| Amounts payable within one year | 42/48 | €121,155 | €117,702 | -€3,453 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €21,449 | €20,054 | -€1,396 | -6.5% |
| Trade debts | 44 | €763 | €135 | -€628 | -82.3% |
| Suppliers | 440/4 | €763 | €135 | -€628 | -82.3% |
| Taxes, remuneration and social security | 45 | €2,620 | €1,194 | -€1,426 | -54.4% |
| Taxes | 450/3 | €2,620 | €1,194 | -€1,426 | -54.4% |
| Other amounts payable | 47/48 | €96,322 | €96,318 | -€4 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,306 | €32,259 | +€1,953 | +6.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €35,283 | €22,467 | -€12,816 | -36.3% |
| Operating profit (loss) | 9901 | €4,590 | -€10,191 | -€14,781 | |
| Financial income | 75/76B | €86 | €179 | +€93 | +108.5% |
| Recurring financial income | 75 | €86 | €179 | +€93 | +108.5% |
| Financial charges | 65/66B | €773 | €526 | -€248 | -32.0% |
| Recurring financial charges | 65 | €773 | €526 | -€248 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €3,903 | -€10,538 | -€14,441 | |
| Transfer from deferred taxes | 780 | €3,572 | €3,573 | +€1 | 0.0% |
| Income taxes | 67/77 | €26 | -€26 | -€51 | |
| Profit (loss) for the period | 9904 | €7,449 | -€6,940 | -€14,389 | |
| Transfer from tax-exempt reserves | 789 | €9,027 | €9,028 | +€2 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,476 | €2,089 | -€14,387 | -87.3% |
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 11 October 2026 via checked.be.