JEFIMA: 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.
JEFIMA
Largest movements
- Stocks and contracts +€7,800
up €7,800 (+13.2%), from €58,936 to €66,736
- Tangible fixed assets +€4,822
new in 2025: €4,822
- Cash +€3,441
up €3,441 (+524%), from €657 to €4,098
mainly Trade debts (+€9,809) and Other debts (+€4,500)
- Trade debts +€9,809
up €9,809 (+416%), from €2,360 to €12,169
- Other debts +€4,500
new in 2025: €4,500
- Profit (loss) carried forward +€1,791
up €1,791 (+30.2%), from -€5,928 to -€4,137
- Gross operating margin +€4,303
up €4,303, from -€861 to €3,442
- Other operating charges +€978
new in 2025: €978
- Depreciation +€603
new in 2025: €603
- Financial charges +€70
new in 2025: €70
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.
Derived cash bridge
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 | €62,432 | €78,532 | +€16,100 | +25.8% |
| Fixed assets | 21/28 | - | €4,822 | +€4,822 | |
| Tangible fixed assets | 22/27 | - | €4,822 | +€4,822 | |
| Furniture and vehicles | 24 | - | €4,822 | +€4,822 | |
| Current assets | 29/58 | €62,432 | €73,710 | +€11,278 | +18.1% |
| Stocks and contracts in progress | 3 | €58,936 | €66,736 | +€7,800 | +13.2% |
| Stocks | 30/36 | €58,936 | €66,736 | +€7,800 | +13.2% |
| Amounts receivable within one year | 40/41 | €2,839 | €2,876 | +€37 | +1.3% |
| Other amounts receivable | 41 | €2,839 | €2,876 | +€37 | +1.3% |
| Cash at bank and in hand | 54/58 | €657 | €4,098 | +€3,441 | +524% |
| Total equity and liabilities | 10/49 | €62,432 | €78,532 | +€16,100 | +25.8% |
| Equity | 10/15 | €60,072 | €61,863 | +€1,791 | +3.0% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,928 | -€4,137 | +€1,791 | +30.2% |
| Amounts payable | 17/49 | €2,360 | €16,669 | +€14,309 | +606% |
| Amounts payable within one year | 42/48 | €2,360 | €16,669 | +€14,309 | +606% |
| Trade debts | 44 | €2,360 | €12,169 | +€9,809 | +416% |
| Suppliers | 440/4 | €2,360 | €12,169 | +€9,809 | +416% |
| Other amounts payable | 47/48 | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €603 | +€603 | |
| Other operating charges | 640/8 | - | €978 | +€978 | |
| Gross operating margin | 9900 | -€861 | €3,442 | +€4,303 | |
| Operating profit (loss) | 9901 | -€861 | €1,861 | +€2,722 | |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | -€861 | €1,791 | +€2,652 | |
| Profit (loss) for the period | 9904 | -€861 | €1,791 | +€2,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€861 | €1,791 | +€2,652 |
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 14 October 2026 via checked.be.