Jefiko: 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.
Jefiko
Largest movements
- Cash +€575,453
up €575,453 (+131%), from €439,319 to €1.0m
mainly Other debts (+€935,887) and Net result for the year (+€654,656)
- Receivables within one year +€170,724
up €170,724 (+3,404%), from €5,015 to €175,739
of which Other amounts receivable: +€100,435
- Current investments -€155,000
down €155,000 (-12.4%), from €1.3m to €1.1m
- Tangible fixed assets -€46,873
down €46,873 (-7.0%), from €673,582 to €626,709
- Other debts +€935,887
up €935,887 (+5,558%), from €16,839 to €952,727
- Reserves -€445,344
down €445,344 (-20.2%), from €2.2m to €1.8m
of which Distributable reserves: -€445,344
- Tax, wage and social debts +€66,741
up €66,741 (+80.6%), from €82,834 to €149,575
of which Taxes: +€66,520
- Gross operating margin +€193,531
up €193,531 (+25.9%), from €746,774 to €940,305
- Taxes +€59,191
up €59,191 (+37.1%), from €159,344 to €218,535
- Financial income +€39,783
up €39,783 (+189%), from €21,086 to €60,869
of which Financial income: +€36,330
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,390,901 | €2,953,503 | +€562,602 | +23.5% |
| Fixed assets | 21/28 | €676,352 | €629,479 | -€46,873 | -6.9% |
| Tangible fixed assets | 22/27 | €673,582 | €626,709 | -€46,873 | -7.0% |
| Land and buildings | 22 | €579,616 | €561,730 | -€17,886 | -3.1% |
| Plant, machinery and equipment | 23 | €21,485 | €15,485 | -€6,000 | -27.9% |
| Furniture and vehicles | 24 | €72,481 | €49,494 | -€22,987 | -31.7% |
| Financial fixed assets | 28 | €2,770 | €2,770 | = | 0.0% |
| Current assets | 29/58 | €1,714,549 | €2,324,024 | +€609,475 | +35.5% |
| Amounts receivable within one year | 40/41 | €5,015 | €175,739 | +€170,724 | +3,404% |
| Trade receivables | 40 | €2,220 | €72,509 | +€70,289 | +3,166% |
| Other amounts receivable | 41 | €2,795 | €103,230 | +€100,435 | +3,593% |
| Current investments | 50/53 | €1,255,000 | €1,100,000 | -€155,000 | -12.4% |
| Cash at bank and in hand | 54/58 | €439,319 | €1,014,772 | +€575,453 | +131% |
| Deferred charges and accrued income | 490/1 | €15,215 | €33,513 | +€18,298 | +120% |
| Total equity and liabilities | 10/49 | €2,390,901 | €2,953,503 | +€562,602 | +23.5% |
| Equity | 10/15 | €2,226,363 | €1,781,020 | -€445,344 | -20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,207,763 | €1,762,420 | -€445,344 | -20.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,205,903 | €1,760,560 | -€445,344 | -20.2% |
| Amounts payable | 17/49 | €164,537 | €1,172,483 | +€1.0m | +613% |
| Amounts payable within one year | 42/48 | €103,112 | €1,107,696 | +€1.0m | +974% |
| Trade debts | 44 | €3,439 | €5,395 | +€1,956 | +56.9% |
| Suppliers | 440/4 | €3,439 | €5,395 | +€1,956 | +56.9% |
| Taxes, remuneration and social security | 45 | €82,834 | €149,575 | +€66,741 | +80.6% |
| Taxes | 450/3 | €70,014 | €136,534 | +€66,520 | +95.0% |
| Remuneration and social security | 454/9 | €12,821 | €13,041 | +€221 | +1.7% |
| Other amounts payable | 47/48 | €16,839 | €952,727 | +€935,887 | +5,558% |
| Accrued charges and deferred income | 492/3 | €61,425 | €64,787 | +€3,361 | +5.5% |
| Remuneration, social security and pensions | 62 | €65,198 | €56,273 | -€8,925 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,755 | €67,872 | +€3,118 | +4.8% |
| Other operating charges | 640/8 | €3,421 | €3,598 | +€177 | +5.2% |
| Gross operating margin | 9900 | €746,774 | €940,305 | +€193,531 | +25.9% |
| Operating profit (loss) | 9901 | €613,400 | €812,562 | +€199,162 | +32.5% |
| Financial income | 75/76B | €21,086 | €60,869 | +€39,783 | +189% |
| Recurring financial income | 75 | €21,086 | €57,417 | +€36,330 | +172% |
| Non-recurring financial income | 76B | - | €3,453 | +€3,453 | |
| Financial charges | 65/66B | €157 | €240 | +€83 | +52.9% |
| Recurring financial charges | 65 | €157 | €240 | +€83 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €634,330 | €873,192 | +€238,862 | +37.7% |
| Income taxes | 67/77 | €159,344 | €218,535 | +€59,191 | +37.1% |
| Profit (loss) for the period | 9904 | €474,985 | €654,656 | +€179,671 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €474,985 | €654,656 | +€179,671 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.