JF GENERAL SERVICES: 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.
What changed
JF GENERAL SERVICES
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,768
2024 · €55,352+€20,417
Equity
€5.1m
2024 · €5.3m-€184,232
Cash
€502,388
2024 · €291,281+€211,108
Balance sheet total
€10.8m
2024 · €11.0m-€191,271
Largest movements
Assets
- Current investments -€450,000
down €450,000 (-100.0%), from €450,000 to €0
- Cash +€211,108
up €211,108 (+72.5%), from €291,281 to €502,388
mainly Current investments (+€450,000) and Net result for the year (+€75,768)
Equity and liabilities
- Profit (loss) carried forward -€184,232
down €184,232 (-12.7%), from €1.5m to €1.3m
Income statement
- Gross operating margin +€24,349
up €24,349 (+3.2%), from €762,230 to €786,579
- Staff costs +€12,551
up €12,551 (+1.8%), from €685,886 to €698,437
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.
Result 2024
€55,352
Gross operating margin
+€24,349
Staff costs
-€12,551
Depreciation
-€1,381
Other operating charges
+€7,243
Financial income
+€1,590
Financial charges
+€1,171
Taxes
-€5
Result 2025
€75,768
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.
From operations
+€21,058
Investment
+€450,050
Financing
-€260,000
Cash 2024
€291,281
From operations (derived)
+€21,058
Net result for the year
+€75,768
Depreciation
+€9,717
Receivables within one year
-€64,689
Deferred charges and accrued income
+€7,300
Trade debts
+€19,013
Tax, wage and social debts
+€5,274
Advances received
+€660
Other debts
-€30,000
Accrued charges and deferred income
-€1,986
Investment (derived)
+€450,050
Investment in fixed assets (net)
+€50
Current investments
+€450,000
Financing
-€260,000
Contributions, distributions and other
-€260,000
Cash 2025
€502,388
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,965,485 | €10,774,214 | -€191,271 | -1.7% |
| Fixed assets | 21/28 | €9,638,415 | €9,628,648 | -€9,767 | -0.1% |
| Tangible fixed assets | 22/27 | €40,248 | €30,531 | -€9,717 | -24.1% |
| Furniture and vehicles | 24 | €40,248 | €30,531 | -€9,717 | -24.1% |
| Financial fixed assets | 28 | €9,598,167 | €9,598,117 | -€50 | 0.0% |
| Current assets | 29/58 | €1,327,070 | €1,145,566 | -€181,504 | -13.7% |
| Amounts receivable after more than one year | 29 | €375,000 | €375,000 | = | 0.0% |
| Other amounts receivable | 291 | €375,000 | €375,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €201,800 | €266,489 | +€64,689 | +32.1% |
| Trade receivables | 40 | €98,988 | €118,453 | +€19,465 | +19.7% |
| Other amounts receivable | 41 | €102,812 | €148,036 | +€45,224 | +44.0% |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €291,281 | €502,388 | +€211,108 | +72.5% |
| Deferred charges and accrued income | 490/1 | €8,989 | €1,689 | -€7,300 | -81.2% |
| Total equity and liabilities | 10/49 | €10,965,485 | €10,774,214 | -€191,271 | -1.7% |
| Equity | 10/15 | €5,276,075 | €5,091,843 | -€184,232 | -3.5% |
| Contributions | 10/11 | €3,821,921 | €3,821,921 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €1,454,154 | €1,269,922 | -€184,232 | -12.7% |
| Amounts payable | 17/49 | €5,689,410 | €5,682,371 | -€7,039 | -0.1% |
| Amounts payable after more than one year | 17 | €5,000,000 | €5,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,000,000 | €5,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €483,916 | €478,863 | -€5,053 | -1.0% |
| Trade debts | 44 | €75,217 | €94,230 | +€19,013 | +25.3% |
| Suppliers | 440/4 | €75,217 | €94,230 | +€19,013 | +25.3% |
| Advances received on contracts in progress | 46 | €18,158 | €18,818 | +€660 | +3.6% |
| Taxes, remuneration and social security | 45 | €100,542 | €105,815 | +€5,274 | +5.2% |
| Remuneration and social security | 454/9 | €100,542 | €105,815 | +€5,274 | +5.2% |
| Other amounts payable | 47/48 | €290,000 | €260,000 | -€30,000 | -10.3% |
| Accrued charges and deferred income | 492/3 | €205,494 | €203,508 | -€1,986 | -1.0% |
| Non-recurring operating income | 76A | €16,777 | €0 | -€16,777 | -100.0% |
| Remuneration, social security and pensions | 62 | €685,886 | €698,437 | +€12,551 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,336 | €9,717 | +€1,381 | +16.6% |
| Other operating charges | 640/8 | €10,525 | €3,283 | -€7,243 | -68.8% |
| Gross operating margin | 9900 | €762,230 | €786,579 | +€24,349 | +3.2% |
| Operating profit (loss) | 9901 | €57,482 | €75,142 | +€17,660 | +30.7% |
| Financial income | 75/76B | €202,019 | €203,609 | +€1,590 | +0.8% |
| Recurring financial income | 75 | €202,019 | €203,609 | +€1,590 | +0.8% |
| Financial charges | 65/66B | €203,991 | €202,820 | -€1,171 | -0.6% |
| Recurring financial charges | 65 | €203,991 | €202,820 | -€1,171 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €55,510 | €75,932 | +€20,422 | +36.8% |
| Income taxes | 67/77 | €159 | €164 | +€5 | +3.2% |
| Profit (loss) for the period | 9904 | €55,352 | €75,768 | +€20,417 | +36.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €55,352 | €75,768 | +€20,417 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.