JF TRADERS: 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 TRADERS
Largest movements
- Receivables within one year +€292,519
up €292,519 (+353.4%), from €82,765 to €375,284
of which Trade receivables: +€292,839
- Cash +€43,257
up €43,257 (+60.4%), from €71,577 to €114,834
mainly Trade debts (+€320,863) and Tax, wage and social debts (+€8,878)
- Trade debts +€320,863
up €320,863 (+297.9%), from €107,694 to €428,557
- Tax, wage and social debts +€8,878
up €8,878 (+30.6%), from €29,014 to €37,892
of which Remuneration and social security: +€13,500
- Profit (loss) carried forward +€7,063
up €7,063 (+18.8%), from €37,528 to €44,590
- Turnover +€1.6m
new in 2024: €1.6m
- Purchases and services +€1.5m
new in 2024: €1.5m
- Gross operating margin +€37,887
up €37,887 (+50.2%), from €75,513 to €113,400
- Staff costs +€35,953
up €35,953 (+92.7%), from €38,785 to €74,738
- Other operating charges +€19,517
up €19,517 (+1171.9%), from €1,665 to €21,182
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,935 | €544,465 | +€336,530 | +161.8% |
| Fixed assets | 21/28 | €6,862 | €4,468 | -€2,394 | -34.9% |
| Tangible fixed assets | 22/27 | €6,667 | €4,273 | -€2,394 | -35.9% |
| Plant, machinery and equipment | 23 | - | €2,606 | +€2,606 | |
| Furniture and vehicles | 24 | €6,667 | €1,667 | -€5,000 | -75.0% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €201,073 | €539,997 | +€338,924 | +168.6% |
| Stocks and contracts in progress | 3 | €46,731 | €49,879 | +€3,148 | +6.7% |
| Stocks | 30/36 | €46,731 | €49,879 | +€3,148 | +6.7% |
| Amounts receivable within one year | 40/41 | €82,765 | €375,284 | +€292,519 | +353.4% |
| Trade receivables | 40 | €72,202 | €365,041 | +€292,839 | +405.6% |
| Other amounts receivable | 41 | €10,563 | €10,243 | -€320 | -3.0% |
| Cash at bank and in hand | 54/58 | €71,577 | €114,834 | +€43,257 | +60.4% |
| Total equity and liabilities | 10/49 | €207,935 | €544,465 | +€336,530 | +161.8% |
| Equity | 10/15 | €56,128 | €63,190 | +€7,063 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,528 | €44,590 | +€7,063 | +18.8% |
| Amounts payable | 17/49 | €151,807 | €481,275 | +€329,468 | +217.0% |
| Amounts payable after more than one year | 17 | €6,277 | €6,277 | = | 0.0% |
| Financial debts | 170/4 | €6,277 | €6,277 | = | 0.0% |
| Amounts payable within one year | 42/48 | €145,530 | €474,998 | +€329,468 | +226.4% |
| Trade debts | 44 | €107,694 | €428,557 | +€320,863 | +297.9% |
| Suppliers | 440/4 | €107,694 | €428,557 | +€320,863 | +297.9% |
| Advances received on contracts in progress | 46 | €3,301 | €3,301 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,014 | €37,892 | +€8,878 | +30.6% |
| Taxes | 450/3 | €14,753 | €10,130 | -€4,623 | -31.3% |
| Remuneration and social security | 454/9 | €14,262 | €27,762 | +€13,500 | +94.7% |
| Other amounts payable | 47/48 | €5,520 | €5,248 | -€272 | -4.9% |
| Turnover | 70 | - | €1,647,649 | +€1.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,534,623 | +€1.5m | |
| Remuneration, social security and pensions | 62 | €38,785 | €74,738 | +€35,953 | +92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,330 | €5,044 | -€1,286 | -20.3% |
| Other operating charges | 640/8 | €1,665 | €21,182 | +€19,517 | +1171.9% |
| Gross operating margin | 9900 | €75,513 | €113,400 | +€37,887 | +50.2% |
| Operating profit (loss) | 9901 | €28,733 | €12,436 | -€16,297 | -56.7% |
| Financial income | 75/76B | €290 | - | -€290 | |
| Recurring financial income | 75 | €290 | - | -€290 | |
| Financial charges | 65/66B | €132 | €5,373 | +€5,241 | +3955.4% |
| Recurring financial charges | 65 | €132 | €5,373 | +€5,241 | +3955.4% |
| Profit (loss) for the period before taxes | 9903 | €28,891 | €7,063 | -€21,828 | -75.6% |
| Profit (loss) for the period | 9904 | €28,891 | €7,063 | -€21,828 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,891 | €7,063 | -€21,828 | -75.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.