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JF Ground: 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.

What changed

JF Ground

BE 0789.904.652
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,490
2024 · -€1,461-€29
Equity
€3,525
2024 · €5,108-€1,583
Cash
€4,105
2024 · €4,839-€734
Balance sheet total
€4,105
2024 · €63,874-€59,768

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€59,035

    down €59,035 (-100.0%), from €59,035 to €0

  • Cash -€734

    down €734 (-15.2%), from €4,839 to €4,105

    mainly Other debts (-€58,284) and Net result for the year (-€1,490)

Equity and liabilities
  • Other debts -€58,284

    down €58,284 (-100.0%), from €58,284 to €0

  • Profit (loss) carried forward -€1,583

    down €1,583 (-32.4%), from -€4,892 to -€6,475

Income statement
  • Other operating charges +€160

    up €160 (+30.3%), from €528 to €688

  • Gross operating margin +€87

    up €87 (+9.8%), from -€889 to -€802

  • Financial charges -€44

    down €44 (-100.0%), from €44 to €0

From the 2024 result to the 2025 result

effect on the 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 -€1,461
Gross operating margin +€87
Other operating charges -€160
Financial charges +€44
Result 2025 -€1,490

Cash bridge derived

cash 2024 to 2025

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 -€640
Investment €0
Financing -€94
Cash 2024 €4,839
Net result for the year -€1,490
Receivables within one year +€59,035
Trade debts +€99
Other debts -€58,284
Contributions, distributions and other -€94
Cash 2025 €4,105
Every line side by side 22 lines
Line Code 2024 2025 Change %
Total assets 20/58 €63,874 €4,105 -€59,768 -93.6%
Current assets 29/58 €63,874 €4,105 -€59,768 -93.6%
Amounts receivable within one year 40/41 €59,035 €0 -€59,035 -100.0%
Other amounts receivable 41 €59,035 €0 -€59,035 -100.0%
Cash at bank and in hand 54/58 €4,839 €4,105 -€734 -15.2%
Total equity and liabilities 10/49 €63,874 €4,105 -€59,768 -93.6%
Equity 10/15 €5,108 €3,525 -€1,583 -31.0%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€4,892 -€6,475 -€1,583 -32.4%
Amounts payable 17/49 €58,766 €581 -€58,185 -99.0%
Amounts payable within one year 42/48 €58,766 €581 -€58,185 -99.0%
Trade debts 44 €481 €581 +€99 +20.6%
Suppliers 440/4 €481 €581 +€99 +20.6%
Other amounts payable 47/48 €58,284 €0 -€58,284 -100.0%
Other operating charges 640/8 €528 €688 +€160 +30.3%
Gross operating margin 9900 -€889 -€802 +€87 +9.8%
Operating profit (loss) 9901 -€1,417 -€1,490 -€73 -5.1%
Financial charges 65/66B €44 €0 -€44 -100.0%
Recurring financial charges 65 €44 €0 -€44 -100.0%
Profit (loss) for the period before taxes 9903 -€1,461 -€1,490 -€29 -2.0%
Profit (loss) for the period 9904 -€1,461 -€1,490 -€29 -2.0%
Profit (loss) for the period to be appropriated 9905 -€1,461 -€1,490 -€29 -2.0%

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 28 September 2026 via checked.be.