JFE VASTGOED: what changed
Two financial 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.
JFE VASTGOED
Largest movements
- Tangible fixed assets -€91,080
down €91,080 (-15.3%), from €596,626 to €505,546
of which Land and buildings: -€90,983
- Cash +€74,110
up €74,110 (+38.7%), from €191,594 to €265,704
mainly Depreciation (+€91,080) and Net result for the year (+€33,827)
- Other debts -€40,542
down €40,542 (-6.0%), from €674,553 to €634,011
- Profit (loss) carried forward +€33,827
up €33,827 (+12.2%), from -€277,060 to -€243,233
- Gross operating margin +€45,838
up €45,838 (+37.1%), from €123,450 to €169,288
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.
Derived cash bridge
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 | €789,718 | €772,788 | -€16,930 | -2.1% |
| Fixed assets | 21/28 | €596,626 | €505,546 | -€91,080 | -15.3% |
| Tangible fixed assets | 22/27 | €596,626 | €505,546 | -€91,080 | -15.3% |
| Land and buildings | 22 | €595,831 | €504,848 | -€90,983 | -15.3% |
| Plant, machinery and equipment | 23 | €795 | €698 | -€97 | -12.3% |
| Current assets | 29/58 | €193,092 | €267,242 | +€74,150 | +38.4% |
| Cash at bank and in hand | 54/58 | €191,594 | €265,704 | +€74,110 | +38.7% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,538 | +€41 | +2.7% |
| Total equity and liabilities | 10/49 | €789,718 | €772,788 | -€16,930 | -2.1% |
| Equity | 10/15 | -€154,305 | -€120,478 | +€33,827 | +21.9% |
| Contributions | 10/11 | €110,726 | €110,726 | = | 0.0% |
| Capital | 10 | €110,726 | €110,726 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Uncalled capital | 101 | €826 | €826 | = | 0.0% |
| Revaluation surpluses | 12 | €12,030 | €12,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€277,060 | -€243,233 | +€33,827 | +12.2% |
| Amounts payable | 17/49 | €944,023 | €893,266 | -€50,757 | -5.4% |
| Amounts payable after more than one year | 17 | €9,856 | €4,536 | -€5,320 | -54.0% |
| Financial debts | 170/4 | €9,856 | €4,536 | -€5,320 | -54.0% |
| Amounts payable within one year | 42/48 | €930,804 | €887,384 | -€43,420 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €10,683 | €5,828 | -€4,855 | -45.4% |
| Trade debts | 44 | €1,004 | €2,981 | +€1,977 | +197% |
| Suppliers | 440/4 | €1,004 | €2,981 | +€1,977 | +197% |
| Advances received on contracts in progress | 46 | €244,564 | €244,564 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1 | +€1 | |
| Remuneration and social security | 454/9 | - | €1 | +€1 | |
| Other amounts payable | 47/48 | €674,553 | €634,011 | -€40,542 | -6.0% |
| Accrued charges and deferred income | 492/3 | €3,363 | €1,346 | -€2,017 | -60.0% |
| Remuneration, social security and pensions | 62 | €21,555 | €22,600 | +€1,046 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,869 | €91,080 | -€789 | -0.9% |
| Other operating charges | 640/8 | €19,213 | €20,050 | +€837 | +4.4% |
| Gross operating margin | 9900 | €123,450 | €169,288 | +€45,838 | +37.1% |
| Operating profit (loss) | 9901 | -€9,187 | €35,557 | +€44,744 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,000 | €1,730 | -€1,270 | -42.3% |
| Recurring financial charges | 65 | €3,000 | €1,730 | -€1,270 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,187 | €33,827 | +€46,014 | |
| Profit (loss) for the period | 9904 | -€12,187 | €33,827 | +€46,014 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,187 | €33,827 | +€46,014 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.