JF GOTTA: 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.
JF GOTTA
Largest movements
- Tangible fixed assets -€81,518
down €81,518 (-47.9%), from €170,245 to €88,727
of which Plant, machinery and equipment: -€69,520
- Receivables within one year -€7,504
down €7,504 (-16.5%), from €45,506 to €38,002
of which Trade receivables: -€5,777
- Profit (loss) carried forward -€77,130
down €77,130 (-312.5%), from -€24,682 to -€101,812
- Tax, wage and social debts -€18,321
down €18,321 (-69.4%), from €26,398 to €8,077
of which Remuneration and social security: -€19,007
- Other debts +€6,968
up €6,968 (+7.5%), from €92,293 to €99,260
- Short-term financial debts +€6,501
up €6,501 (+16.6%), from €39,133 to €45,634
- Debts after one year -€4,144
down €4,144 (-9.4%), from €44,217 to €40,073
- Staff costs +€32,700
up €32,700 (+283.6%), from €11,532 to €44,232
- Gross operating margin -€25,253
down €25,253 (-38.8%), from €65,054 to €39,801
- Other operating charges -€16,965
down €16,965 (-96.4%), from €17,600 to €635
- Financial charges +€8,537
up €8,537 (+232.9%), from €3,665 to €12,202
- Depreciation +€2,924
up €2,924 (+5.1%), from €56,939 to €59,863
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 | €215,751 | €127,431 | -€88,320 | -40.9% |
| Fixed assets | 21/28 | €170,245 | €88,727 | -€81,518 | -47.9% |
| Tangible fixed assets | 22/27 | €170,245 | €88,727 | -€81,518 | -47.9% |
| Plant, machinery and equipment | 23 | €146,836 | €77,316 | -€69,520 | -47.3% |
| Furniture and vehicles | 24 | €23,409 | €11,411 | -€11,999 | -51.3% |
| Current assets | 29/58 | €45,506 | €38,704 | -€6,802 | -14.9% |
| Amounts receivable within one year | 40/41 | €45,506 | €38,002 | -€7,504 | -16.5% |
| Trade receivables | 40 | €43,779 | €38,002 | -€5,777 | -13.2% |
| Other amounts receivable | 41 | €1,727 | - | -€1,727 | |
| Cash at bank and in hand | 54/58 | - | €702 | +€702 | |
| Total equity and liabilities | 10/49 | €215,751 | €127,431 | -€88,320 | -40.9% |
| Equity | 10/15 | -€14,682 | -€91,812 | -€77,130 | -525.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,682 | -€101,812 | -€77,130 | -312.5% |
| Amounts payable | 17/49 | €230,433 | €219,243 | -€11,190 | -4.9% |
| Amounts payable after more than one year | 17 | €44,217 | €40,073 | -€4,144 | -9.4% |
| Financial debts | 170/4 | €44,217 | €40,073 | -€4,144 | -9.4% |
| Amounts payable within one year | 42/48 | €186,216 | €179,170 | -€7,046 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €3,911 | €4,144 | +€233 | +6.0% |
| Financial debts | 43 | €39,133 | €45,634 | +€6,501 | +16.6% |
| Credit institutions | 430/8 | €39,133 | €45,634 | +€6,501 | +16.6% |
| Trade debts | 44 | €24,481 | €22,055 | -€2,427 | -9.9% |
| Suppliers | 440/4 | €24,481 | €22,055 | -€2,427 | -9.9% |
| Taxes, remuneration and social security | 45 | €26,398 | €8,077 | -€18,321 | -69.4% |
| Taxes | 450/3 | €4,554 | €5,240 | +€686 | +15.1% |
| Remuneration and social security | 454/9 | €21,844 | €2,837 | -€19,007 | -87.0% |
| Other amounts payable | 47/48 | €92,293 | €99,260 | +€6,968 | +7.5% |
| Remuneration, social security and pensions | 62 | €11,532 | €44,232 | +€32,700 | +283.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,939 | €59,863 | +€2,924 | +5.1% |
| Other operating charges | 640/8 | €17,600 | €635 | -€16,965 | -96.4% |
| Gross operating margin | 9900 | €65,054 | €39,801 | -€25,253 | -38.8% |
| Operating profit (loss) | 9901 | -€21,017 | -€64,928 | -€43,911 | -208.9% |
| Financial charges | 65/66B | €3,665 | €12,202 | +€8,537 | +232.9% |
| Recurring financial charges | 65 | €3,665 | €12,202 | +€8,537 | +232.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,682 | -€77,130 | -€52,448 | -212.5% |
| Profit (loss) for the period | 9904 | -€24,682 | -€77,130 | -€52,448 | -212.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,682 | -€77,130 | -€52,448 | -212.5% |
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 8 October 2026 via checked.be.