JF Kitchen: 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 Kitchen
Largest movements
- Receivables within one year -€5,126
down €5,126 (-59.1%), from €8,672 to €3,546
of which Trade receivables: -€5,177
- Intangible fixed assets -€2,184
down €2,184 (-11.5%), from €18,965 to €16,782
- Stocks and contracts +€2,087
up €2,087 (+205.5%), from €1,016 to €3,102
- Tangible fixed assets +€1,024
up €1,024 (+8.6%), from €11,955 to €12,979
of which Other tangible fixed assets: +€6,466
- Trade debts -€24,874
down €24,874 (-94.2%), from €26,395 to €1,521
- Other debts +€14,487
up €14,487 (+2342.1%), from €619 to €15,105
- Profit (loss) carried forward +€5,761
up €5,761 (+228.1%), from €2,526 to €8,286
- Debts after one year +€1,252
new in 2025: €1,252
- Tax, wage and social debts -€659
down €659 (-15.1%), from €4,371 to €3,712
of which Taxes: -€659
- Gross operating margin +€5,247
up €5,247 (+43.7%), from €12,019 to €17,266
- Depreciation +€1,589
up €1,589 (+25.1%), from €6,324 to €7,913
- Taxes +€599
up €599 (+58.2%), from €1,030 to €1,629
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,556 | €37,489 | -€4,067 | -9.8% |
| Fixed assets | 21/28 | €30,920 | €29,760 | -€1,160 | -3.8% |
| Intangible fixed assets | 21 | €18,965 | €16,782 | -€2,184 | -11.5% |
| Tangible fixed assets | 22/27 | €11,955 | €12,979 | +€1,024 | +8.6% |
| Plant, machinery and equipment | 23 | €8,905 | €4,572 | -€4,333 | -48.7% |
| Furniture and vehicles | 24 | €3,050 | €1,942 | -€1,109 | -36.4% |
| Other tangible fixed assets | 26 | - | €6,466 | +€6,466 | |
| Current assets | 29/58 | €10,636 | €7,728 | -€2,908 | -27.3% |
| Stocks and contracts in progress | 3 | €1,016 | €3,102 | +€2,087 | +205.5% |
| Stocks | 30/36 | €1,016 | €3,102 | +€2,087 | +205.5% |
| Amounts receivable within one year | 40/41 | €8,672 | €3,546 | -€5,126 | -59.1% |
| Trade receivables | 40 | €6,425 | €1,248 | -€5,177 | -80.6% |
| Other amounts receivable | 41 | €2,248 | €2,299 | +€51 | +2.3% |
| Deferred charges and accrued income | 490/1 | €948 | €1,080 | +€131 | +13.9% |
| Total equity and liabilities | 10/49 | €41,556 | €37,489 | -€4,067 | -9.8% |
| Equity | 10/15 | €4,526 | €10,286 | +€5,761 | +127.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,526 | €8,286 | +€5,761 | +228.1% |
| Amounts payable | 17/49 | €37,030 | €27,202 | -€9,828 | -26.5% |
| Amounts payable after more than one year | 17 | - | €1,252 | +€1,252 | |
| Financial debts | 170/4 | - | €1,252 | +€1,252 | |
| Amounts payable within one year | 42/48 | €37,030 | €25,951 | -€11,080 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €4,199 | €4,614 | +€414 | +9.9% |
| Financial debts | 43 | €1,447 | €999 | -€448 | -30.9% |
| Credit institutions | 430/8 | €1,447 | €999 | -€448 | -30.9% |
| Trade debts | 44 | €26,395 | €1,521 | -€24,874 | -94.2% |
| Suppliers | 440/4 | €26,395 | €1,521 | -€24,874 | -94.2% |
| Taxes, remuneration and social security | 45 | €4,371 | €3,712 | -€659 | -15.1% |
| Taxes | 450/3 | €2,471 | €1,812 | -€659 | -26.7% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €619 | €15,105 | +€14,487 | +2342.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,324 | €7,913 | +€1,589 | +25.1% |
| Other operating charges | 640/8 | €675 | €606 | -€69 | -10.3% |
| Gross operating margin | 9900 | €12,019 | €17,266 | +€5,247 | +43.7% |
| Operating profit (loss) | 9901 | €5,020 | €8,747 | +€3,728 | +74.3% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €1,474 | €1,358 | -€116 | -7.9% |
| Recurring financial charges | 65 | €1,474 | €1,358 | -€116 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €3,556 | €7,390 | +€3,834 | +107.8% |
| Income taxes | 67/77 | €1,030 | €1,629 | +€599 | +58.2% |
| Profit (loss) for the period | 9904 | €2,526 | €5,761 | +€3,235 | +128.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,526 | €5,761 | +€3,235 | +128.1% |
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 6 October 2026 via checked.be.