JFD Services: 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.
JFD Services
Largest movements
- Tangible fixed assets -€123,166
down €123,166 (-5.6%), from €2.2m to €2.1m
of which Land and buildings: -€111,729
- Debts after one year -€276,673
down €276,673 (-12.9%), from €2.2m to €1.9m
- Profit (loss) carried forward +€204,030
up €204,030 (+27.7%), from €735,365 to €939,395
- Other debts -€86,755
down €86,755 (-14.2%), from €609,391 to €522,636
- Gross operating margin +€82,914
up €82,914 (+41.4%), from €200,096 to €283,010
- Financial income -€60,008
down €60,008 (-25.0%), from €240,017 to €180,009
- Depreciation +€38,233
up €38,233 (+45.0%), from €84,933 to €123,166
- Financial charges -€15,871
down €15,871 (-16.2%), from €98,103 to €82,232
of which Non-recurring financial charges: -€42,500
- Other operating charges +€8,453
up €8,453 (+533.0%), from €1,586 to €10,039
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 | €3,892,554 | €3,769,591 | -€122,962 | -3.2% |
| Fixed assets | 21/28 | €3,786,036 | €3,687,370 | -€98,666 | -2.6% |
| Tangible fixed assets | 22/27 | €2,207,036 | €2,083,870 | -€123,166 | -5.6% |
| Land and buildings | 22 | €2,176,671 | €2,064,942 | -€111,729 | -5.1% |
| Furniture and vehicles | 24 | €30,365 | €18,928 | -€11,437 | -37.7% |
| Financial fixed assets | 28 | €1,579,000 | €1,603,500 | +€24,500 | +1.6% |
| Current assets | 29/58 | €106,517 | €82,221 | -€24,296 | -22.8% |
| Amounts receivable within one year | 40/41 | €73,107 | €50,560 | -€22,547 | -30.8% |
| Trade receivables | 40 | €38,052 | €50,504 | +€12,453 | +32.7% |
| Other amounts receivable | 41 | €35,056 | €56 | -€35,000 | -99.8% |
| Cash at bank and in hand | 54/58 | €32,120 | €31,296 | -€824 | -2.6% |
| Deferred charges and accrued income | 490/1 | €1,290 | €365 | -€925 | -71.7% |
| Total equity and liabilities | 10/49 | €3,892,554 | €3,769,591 | -€122,962 | -3.2% |
| Equity | 10/15 | €802,817 | €1,026,847 | +€224,030 | +27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,252 | €81,252 | +€20,000 | +32.7% |
| Distributable reserves | 133 | €61,252 | €81,252 | +€20,000 | +32.7% |
| Profit (loss) carried forward | 14 | €735,365 | €939,395 | +€204,030 | +27.7% |
| Amounts payable | 17/49 | €3,089,737 | €2,742,744 | -€346,993 | -11.2% |
| Amounts payable after more than one year | 17 | €2,150,537 | €1,873,864 | -€276,673 | -12.9% |
| Financial debts | 170/4 | €2,150,537 | €1,873,864 | -€276,673 | -12.9% |
| Amounts payable within one year | 42/48 | €934,206 | €863,384 | -€70,822 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €273,252 | €277,735 | +€4,483 | +1.6% |
| Trade debts | 44 | €23,607 | €10,698 | -€12,909 | -54.7% |
| Suppliers | 440/4 | €22,668 | €9,446 | -€13,222 | -58.3% |
| Bills of exchange payable | 441 | €939 | €1,252 | +€314 | +33.4% |
| Taxes, remuneration and social security | 45 | €27,956 | €52,315 | +€24,359 | +87.1% |
| Taxes | 450/3 | €27,956 | €48,315 | +€20,359 | +72.8% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €609,391 | €522,636 | -€86,755 | -14.2% |
| Accrued charges and deferred income | 492/3 | €4,994 | €5,496 | +€502 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,933 | €123,166 | +€38,233 | +45.0% |
| Other operating charges | 640/8 | €1,586 | €10,039 | +€8,453 | +533.0% |
| Gross operating margin | 9900 | €200,096 | €283,010 | +€82,914 | +41.4% |
| Operating profit (loss) | 9901 | €113,577 | €149,804 | +€36,227 | +31.9% |
| Financial income | 75/76B | €240,017 | €180,009 | -€60,008 | -25.0% |
| Recurring financial income | 75 | €240,017 | €180,009 | -€60,008 | -25.0% |
| Financial charges | 65/66B | €98,103 | €82,232 | -€15,871 | -16.2% |
| Recurring financial charges | 65 | €55,603 | €82,232 | +€26,629 | +47.9% |
| Non-recurring financial charges | 66B | €42,500 | - | -€42,500 | |
| Profit (loss) for the period before taxes | 9903 | €255,491 | €247,582 | -€7,910 | -3.1% |
| Income taxes | 67/77 | €20,124 | €23,551 | +€3,427 | +17.0% |
| Profit (loss) for the period | 9904 | €235,367 | €224,030 | -€11,337 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €235,367 | €224,030 | -€11,337 | -4.8% |
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 2 October 2026 via checked.be.