JFcom: 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.
JFcom
Largest movements
- Cash +€25,319
up €25,319 (+92.3%), from €27,435 to €52,754
mainly Net result for the year (+€40,131) and Other debts (+€10,378)
- Receivables within one year -€5,448
down €5,448 (-24.0%), from €22,749 to €17,300
of which Trade receivables: -€5,306
- Tangible fixed assets -€4,980
down €4,980 (-27.7%), from €17,965 to €12,985
of which Furniture and vehicles: -€4,830
- Deferred charges and accrued income -€859
down €859 (-32.6%), from €2,637 to €1,778
- Other debts +€10,378
up €10,378 (+32.4%), from €32,068 to €42,446
- Debts after one year -€4,681
down €4,681 (-31.3%), from €14,965 to €10,284
- Tax, wage and social debts +€3,905
up €3,905 (+33.8%), from €11,548 to €15,452
- Current portion of long-term debt +€3,491
up €3,491 (+77.2%), from €4,523 to €8,014
- Gross operating margin +€22,082
up €22,082 (+48.8%), from €45,237 to €67,319
- Taxes +€3,648
up €3,648 (+29.0%), from €12,596 to €16,243
- Financial charges +€1,599
up €1,599 (+69.1%), from €2,312 to €3,911
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 | €71,316 | €84,848 | +€13,532 | +19.0% |
| Fixed assets | 21/28 | €17,995 | €13,015 | -€4,980 | -27.7% |
| Tangible fixed assets | 22/27 | €17,965 | €12,985 | -€4,980 | -27.7% |
| Plant, machinery and equipment | 23 | €756 | €606 | -€150 | -19.9% |
| Furniture and vehicles | 24 | €17,210 | €12,380 | -€4,830 | -28.1% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €53,320 | €71,832 | +€18,512 | +34.7% |
| Stocks and contracts in progress | 3 | €500 | - | -€500 | |
| Stocks | 30/36 | €500 | - | -€500 | |
| Amounts receivable within one year | 40/41 | €22,749 | €17,300 | -€5,448 | -24.0% |
| Trade receivables | 40 | €22,607 | €17,300 | -€5,306 | -23.5% |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Cash at bank and in hand | 54/58 | €27,435 | €52,754 | +€25,319 | +92.3% |
| Deferred charges and accrued income | 490/1 | €2,637 | €1,778 | -€859 | -32.6% |
| Total equity and liabilities | 10/49 | €71,316 | €84,848 | +€13,532 | +19.0% |
| Equity | 10/15 | €6,317 | €6,447 | +€131 | +2.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,817 | €3,947 | +€131 | +3.4% |
| Amounts payable | 17/49 | €64,999 | €78,400 | +€13,401 | +20.6% |
| Amounts payable after more than one year | 17 | €14,965 | €10,284 | -€4,681 | -31.3% |
| Financial debts | 170/4 | €14,965 | €10,284 | -€4,681 | -31.3% |
| Amounts payable within one year | 42/48 | €50,034 | €68,116 | +€18,082 | +36.1% |
| Current portion of amounts payable after more than one year | 42 | €4,523 | €8,014 | +€3,491 | +77.2% |
| Trade debts | 44 | €1,896 | €2,204 | +€308 | +16.3% |
| Suppliers | 440/4 | €1,896 | €2,204 | +€308 | +16.3% |
| Taxes, remuneration and social security | 45 | €11,548 | €15,452 | +€3,905 | +33.8% |
| Taxes | 450/3 | €11,548 | €15,452 | +€3,905 | +33.8% |
| Other amounts payable | 47/48 | €32,068 | €42,446 | +€10,378 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,700 | €5,763 | +€63 | +1.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €512 | €871 | +€360 | +70.4% |
| Gross operating margin | 9900 | €45,237 | €67,319 | +€22,082 | +48.8% |
| Operating profit (loss) | 9901 | €38,638 | €60,285 | +€21,647 | +56.0% |
| Financial charges | 65/66B | €2,312 | €3,911 | +€1,599 | +69.1% |
| Recurring financial charges | 65 | €2,312 | €3,911 | +€1,599 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €36,326 | €56,374 | +€20,048 | +55.2% |
| Income taxes | 67/77 | €12,596 | €16,243 | +€3,648 | +29.0% |
| Profit (loss) for the period | 9904 | €23,730 | €40,131 | +€16,401 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,730 | €40,131 | +€16,401 | +69.1% |
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 1 October 2026 via checked.be.