JEF AUTOMOBILES: what changed
What changed
JEF AUTOMOBILES
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€46,492
2024 · -€63,658+€110,150
Equity
-€65,704
2024 · -€112,196+€46,492
Cash
€14,653
2024 · €15,753-€1,100
Balance sheet total
€287,866
2024 · €354,299-€66,433
Largest movements
Assets
- Stocks and contracts -€31,304
down €31,304 (-17.0%), from €183,762 to €152,458
- Tangible fixed assets -€16,993
down €16,993 (-45.1%), from €37,719 to €20,725
of which Furniture and vehicles: -€15,100
- Receivables within one year -€14,932
down €14,932 (-13.0%), from €114,563 to €99,630
of which Trade receivables: -€14,128
Equity and liabilities
- Trade debts -€94,603
down €94,603 (-87.9%), from €107,636 to €13,034
- Profit (loss) carried forward +€46,492
up €46,492 (+26.3%), from -€177,051 to -€130,559
- Advances received -€13,050
down €13,050 (-4.3%), from €305,045 to €291,995
- Debts after one year -€6,662
down €6,662 (-40.0%), from €16,672 to €10,010
Income statement
- Gross operating margin +€119,349
up €119,349, from -€44,506 to €74,843
- Depreciation +€5,836
up €5,836 (+52.3%), from €11,158 to €16,993
- Financial charges +€2,923
up €2,923 (+49.4%), from €5,919 to €8,842
- Write-downs +€1,050
new in 2025: €1,050
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.
Result 2024
-€63,658
Gross operating margin
+€119,349
Depreciation
-€5,836
Write-downs
-€1,050
Other operating charges
+€468
Financial income
-€389
Financial charges
-€2,923
Taxes
+€531
Result 2025
€46,492
raises the resultlowers the result
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.
From operations
+€4,053
Investment
€0
Financing
-€5,153
Cash 2024
€15,753
From operations (derived)
+€4,053
Net result for the year
+€46,492
Depreciation
+€16,993
Stocks and contracts
+€31,304
Receivables within one year
+€14,932
Deferred charges and accrued income
+€2,103
Trade debts
-€94,603
Tax, wage and social debts
-€119
Advances received
-€13,050
Financing
-€5,153
Debts after one year
-€6,662
Current portion of long-term debt
-€791
Short-term financial debts
+€2,299
Cash 2025
€14,653
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €354,299 | €287,866 | -€66,433 | -18.8% |
| Fixed assets | 21/28 | €38,119 | €21,126 | -€16,993 | -44.6% |
| Tangible fixed assets | 22/27 | €37,719 | €20,725 | -€16,993 | -45.1% |
| Plant, machinery and equipment | 23 | €2,932 | €1,273 | -€1,659 | -56.6% |
| Furniture and vehicles | 24 | €34,552 | €19,452 | -€15,100 | -43.7% |
| Other tangible fixed assets | 26 | €235 | €0 | -€235 | -100% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €316,180 | €266,741 | -€49,440 | -15.6% |
| Stocks and contracts in progress | 3 | €183,762 | €152,458 | -€31,304 | -17.0% |
| Stocks | 30/36 | €183,762 | €152,458 | -€31,304 | -17.0% |
| Amounts receivable within one year | 40/41 | €114,563 | €99,630 | -€14,932 | -13.0% |
| Trade receivables | 40 | €56,396 | €42,268 | -€14,128 | -25.1% |
| Other amounts receivable | 41 | €58,167 | €57,362 | -€805 | -1.4% |
| Cash at bank and in hand | 54/58 | €15,753 | €14,653 | -€1,100 | -7.0% |
| Deferred charges and accrued income | 490/1 | €2,103 | €0 | -€2,103 | -100% |
| Total equity and liabilities | 10/49 | €354,299 | €287,866 | -€66,433 | -18.8% |
| Equity | 10/15 | -€112,196 | -€65,704 | +€46,492 | +41.4% |
| Contributions | 10/11 | €58,395 | €58,395 | = | 0.0% |
| Reserves | 13 | €6,460 | €6,460 | = | 0.0% |
| Distributable reserves | 133 | €6,460 | €6,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,051 | -€130,559 | +€46,492 | +26.3% |
| Amounts payable | 17/49 | €466,495 | €353,570 | -€112,925 | -24.2% |
| Amounts payable after more than one year | 17 | €16,672 | €10,010 | -€6,662 | -40.0% |
| Financial debts | 170/4 | €16,672 | €10,010 | -€6,662 | -40.0% |
| Amounts payable within one year | 42/48 | €449,823 | €343,560 | -€106,263 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €11,197 | €10,407 | -€791 | -7.1% |
| Financial debts | 43 | €25,731 | €28,031 | +€2,299 | +8.9% |
| Credit institutions | 430/8 | €25,731 | €28,031 | +€2,299 | +8.9% |
| Trade debts | 44 | €107,636 | €13,034 | -€94,603 | -87.9% |
| Suppliers | 440/4 | €107,636 | €13,034 | -€94,603 | -87.9% |
| Advances received on contracts in progress | 46 | €305,045 | €291,995 | -€13,050 | -4.3% |
| Taxes, remuneration and social security | 45 | €213 | €94 | -€119 | -55.9% |
| Taxes | 450/3 | €213 | €94 | -€119 | -55.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,158 | €16,993 | +€5,836 | +52.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,050 | +€1,050 | |
| Other operating charges | 640/8 | €1,962 | €1,493 | -€468 | -23.9% |
| Gross operating margin | 9900 | -€44,506 | €74,843 | +€119,349 | |
| Operating profit (loss) | 9901 | -€57,625 | €55,306 | +€112,931 | |
| Financial income | 75/76B | €417 | €28 | -€389 | -93.3% |
| Recurring financial income | 75 | €417 | €28 | -€389 | -93.3% |
| Financial charges | 65/66B | €5,919 | €8,842 | +€2,923 | +49.4% |
| Recurring financial charges | 65 | €5,919 | €8,842 | +€2,923 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | -€63,128 | €46,492 | +€109,619 | |
| Income taxes | 67/77 | €531 | - | -€531 | |
| Profit (loss) for the period | 9904 | -€63,658 | €46,492 | +€110,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,658 | €46,492 | +€110,150 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.