Jeffun: what changed
Two fiscal 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.
Jeffun
Largest movements
- Current investments +€818,237
up €818,237 (+320.1%), from €255,629 to €1.1m
- Cash +€100,870
up €100,870 (+46.3%), from €217,979 to €318,849
mainly Other debts (+€738,550) and Net result for the year (+€90,939)
- Receivables within one year -€60,300
down €60,300 (-59.9%), from €100,633 to €40,333
of which Other amounts receivable: -€63,319
- Stocks and contracts +€45,000
new in 2025: €45,000
- Other debts +€738,550
up €738,550, from €0 to €738,550
- Profit (loss) carried forward +€90,939
up €90,939 (+22.6%), from €401,808 to €492,747
- Trade debts +€56,677
up €56,677 (+184.6%), from €30,697 to €87,374
- Tax, wage and social debts +€18,530
up €18,530 (+10.1%), from €183,985 to €202,515
of which Taxes: +€16,482
- Gross operating margin -€86,221
down €86,221 (-27.8%), from €309,869 to €223,648
- Staff costs +€26,700
up €26,700 (+191.1%), from €13,971 to €40,671
- Taxes -€12,494
down €12,494 (-14.1%), from €88,306 to €75,811
- Depreciation +€4,881
up €4,881 (+65.9%), from €7,411 to €12,293
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 | €617,690 | €1,522,386 | +€904,696 | +146.5% |
| Fixed assets | 21/28 | €43,448 | €41,156 | -€2,293 | -5.3% |
| Tangible fixed assets | 22/27 | €43,448 | €31,156 | -€12,293 | -28.3% |
| Furniture and vehicles | 24 | €43,448 | €31,156 | -€12,293 | -28.3% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €574,241 | €1,481,230 | +€906,989 | +157.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | - | €45,000 | +€45,000 | |
| Stocks | 30/36 | - | €45,000 | +€45,000 | |
| Amounts receivable within one year | 40/41 | €100,633 | €40,333 | -€60,300 | -59.9% |
| Trade receivables | 40 | €37,314 | €40,333 | +€3,019 | +8.1% |
| Other amounts receivable | 41 | €63,319 | €0 | -€63,319 | -100.0% |
| Current investments | 50/53 | €255,629 | €1,073,866 | +€818,237 | +320.1% |
| Cash at bank and in hand | 54/58 | €217,979 | €318,849 | +€100,870 | +46.3% |
| Deferred charges and accrued income | 490/1 | - | €3,182 | +€3,182 | |
| Total equity and liabilities | 10/49 | €617,690 | €1,522,386 | +€904,696 | +146.5% |
| Equity | 10/15 | €403,008 | €493,947 | +€90,939 | +22.6% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €401,808 | €492,747 | +€90,939 | +22.6% |
| Amounts payable | 17/49 | €214,682 | €1,028,439 | +€813,757 | +379.1% |
| Amounts payable within one year | 42/48 | €214,682 | €1,028,439 | +€813,757 | +379.1% |
| Trade debts | 44 | €30,697 | €87,374 | +€56,677 | +184.6% |
| Suppliers | 440/4 | €30,697 | €87,374 | +€56,677 | +184.6% |
| Taxes, remuneration and social security | 45 | €183,985 | €202,515 | +€18,530 | +10.1% |
| Taxes | 450/3 | €180,196 | €196,678 | +€16,482 | +9.1% |
| Remuneration and social security | 454/9 | €3,789 | €5,837 | +€2,048 | +54.1% |
| Other amounts payable | 47/48 | €0 | €738,550 | +€738,550 | |
| Non-recurring operating income | 76A | - | €60,151 | +€60,151 | |
| Remuneration, social security and pensions | 62 | €13,971 | €40,671 | +€26,700 | +191.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,411 | €12,293 | +€4,881 | +65.9% |
| Other operating charges | 640/8 | €1,338 | €3,162 | +€1,824 | +136.3% |
| Gross operating margin | 9900 | €309,869 | €223,648 | -€86,221 | -27.8% |
| Operating profit (loss) | 9901 | €287,149 | €167,523 | -€119,626 | -41.7% |
| Financial income | 75/76B | €1,935 | €2,971 | +€1,036 | +53.5% |
| Recurring financial income | 75 | €1,935 | €2,971 | +€1,036 | +53.5% |
| Financial charges | 65/66B | €870 | €3,743 | +€2,873 | +330.3% |
| Recurring financial charges | 65 | €870 | €3,743 | +€2,873 | +330.3% |
| Profit (loss) for the period before taxes | 9903 | €288,214 | €166,750 | -€121,463 | -42.1% |
| Income taxes | 67/77 | €88,306 | €75,811 | -€12,494 | -14.1% |
| Profit (loss) for the period | 9904 | €199,908 | €90,939 | -€108,969 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €199,908 | €90,939 | -€108,969 | -54.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.