JFB GROUP: 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.
JFB GROUP
Largest movements
- Financial fixed assets +€500,955
up €500,955 (+10.2%), from €4.9m to €5.4m
- Current investments -€69,363
down €69,363 (-26.4%), from €262,269 to €192,906
- Other debts +€615,624
up €615,624 (+30.2%), from €2.0m to €2.7m
- Debts after one year -€220,000
no longer reported in 2024 (was €220,000)
- Financial charges -€1.3m
down €1.3m (-99.9%), from €1.3m to €1,423
- Financial income -€153,493
down €153,493 (-98.7%), from €155,544 to €2,051
of which Non-recurring financial income: -€155,541
- Gross operating margin -€9,757
down €9,757, from €2,940 to -€6,817
- Taxes -€1,052
no longer reported in 2024 (was €1,052)
- Other operating charges -€778
down €778 (-44.6%), from €1,746 to €968
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 | €5,259,844 | €5,645,903 | +€386,060 | +7.3% |
| Fixed assets | 21/28 | €4,893,683 | €5,394,638 | +€500,955 | +10.2% |
| Financial fixed assets | 28 | €4,893,683 | €5,394,638 | +€500,955 | +10.2% |
| Current assets | 29/58 | €366,161 | €251,265 | -€114,895 | -31.4% |
| Amounts receivable within one year | 40/41 | €10,001 | €10,922 | +€921 | +9.2% |
| Other amounts receivable | 41 | €10,001 | €10,922 | +€921 | +9.2% |
| Current investments | 50/53 | €262,269 | €192,906 | -€69,363 | -26.4% |
| Cash at bank and in hand | 54/58 | €93,891 | €47,437 | -€46,454 | -49.5% |
| Total equity and liabilities | 10/49 | €5,259,844 | €5,645,903 | +€386,060 | +7.3% |
| Equity | 10/15 | €2,928,526 | €2,921,370 | -€7,156 | -0.2% |
| Contributions | 10/11 | €972,000 | €972,000 | = | 0.0% |
| Outside capital | 11 | €972,000 | €972,000 | = | 0.0% |
| Share premium | 1100/10 | €972,000 | €972,000 | = | 0.0% |
| Reserves | 13 | €34,054 | €34,054 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,790 | €24,790 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,790 | €24,790 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,264 | €9,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,922,472 | €1,915,316 | -€7,156 | -0.4% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,271,317 | €2,664,533 | +€393,216 | +17.3% |
| Amounts payable after more than one year | 17 | €220,000 | - | -€220,000 | |
| Other amounts payable | 178/9 | €220,000 | - | -€220,000 | |
| Amounts payable within one year | 42/48 | €2,051,317 | €2,664,533 | +€613,216 | +29.9% |
| Trade debts | 44 | €14,435 | €12,026 | -€2,408 | -16.7% |
| Suppliers | 440/4 | €14,435 | €12,026 | -€2,408 | -16.7% |
| Taxes, remuneration and social security | 45 | €1,164 | €1,164 | = | 0.0% |
| Taxes | 450/3 | €1,164 | €1,164 | = | 0.0% |
| Other amounts payable | 47/48 | €2,035,719 | €2,651,343 | +€615,624 | +30.2% |
| Other operating charges | 640/8 | €1,746 | €968 | -€778 | -44.6% |
| Non-recurring operating charges | 66A | €440,000 | - | -€440,000 | |
| Gross operating margin | 9900 | €2,940 | -€6,817 | -€9,757 | |
| Operating profit (loss) | 9901 | -€438,806 | -€7,784 | +€431,022 | +98.2% |
| Financial income | 75/76B | €155,544 | €2,051 | -€153,493 | -98.7% |
| Recurring financial income | 75 | €3 | €2,051 | +€2,048 | +69884.6% |
| Non-recurring financial income | 76B | €155,541 | - | -€155,541 | |
| Financial charges | 65/66B | €1,274,321 | €1,423 | -€1.3m | -99.9% |
| Recurring financial charges | 65 | €1,274,321 | €1,423 | -€1.3m | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,557,583 | -€7,156 | +€1.6m | +99.5% |
| Income taxes | 67/77 | €1,052 | - | -€1,052 | |
| Profit (loss) for the period | 9904 | -€1,558,635 | -€7,156 | +€1.6m | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,558,635 | -€7,156 | +€1.6m | +99.5% |
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 6 October 2026 via checked.be.