JFG Location Service: what changed
JFG Location Service
Largest movements
- Cash -€85,298
down €85,298 (-94.8%), from €89,989 to €4,691
mainly Trade debts (-€71,121) and Debts after one year (-€35,419)
- Tangible fixed assets -€42,876
down €42,876 (-6.4%), from €668,761 to €625,885
of which Land and buildings: -€36,692
- Receivables within one year +€18,197
up €18,197 (+14.5%), from €125,377 to €143,574
of which Trade receivables: +€16,585
- Trade debts -€71,121
down €71,121 (-35.7%), from €199,135 to €128,013
- Debts after one year -€35,419
down €35,419 (-24.7%), from €143,540 to €108,122
- Financial income -€133,812
down €133,812 (-93.9%), from €142,441 to €8,629
of which Non-recurring financial income: -€133,870
- Other operating charges -€15,133
down €15,133 (-95.6%), from €15,821 to €688
- Financial charges -€4,382
down €4,382 (-25.4%), from €17,249 to €12,867
- Gross operating margin -€3,191
down €3,191 (-3.9%), from €82,645 to €79,454
- Staff costs +€1,017
up €1,017 (+3.4%), from €29,574 to €30,591
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €884,177 | €774,201 | -€109,976 | -12.4% |
| Fixed assets | 21/28 | €668,811 | €625,935 | -€42,876 | -6.4% |
| Tangible fixed assets | 22/27 | €668,761 | €625,885 | -€42,876 | -6.4% |
| Land and buildings | 22 | €619,424 | €582,732 | -€36,692 | -5.9% |
| Plant, machinery and equipment | 23 | €49,337 | €43,153 | -€6,184 | -12.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €215,366 | €148,265 | -€67,101 | -31.2% |
| Amounts receivable within one year | 40/41 | €125,377 | €143,574 | +€18,197 | +14.5% |
| Trade receivables | 40 | €125,377 | €141,962 | +€16,585 | +13.2% |
| Other amounts receivable | 41 | - | €1,612 | +€1,612 | |
| Cash at bank and in hand | 54/58 | €89,989 | €4,691 | -€85,298 | -94.8% |
| Total equity and liabilities | 10/49 | €884,177 | €774,201 | -€109,976 | -12.4% |
| Equity | 10/15 | €447,926 | €446,495 | -€1,431 | -0.3% |
| Contributions | 10/11 | €102,859 | €102,859 | = | 0.0% |
| Revaluation surpluses | 12 | €170,235 | €170,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,659 | €42,228 | -€1,431 | -3.3% |
| Investment grants | 15 | €131,172 | €131,172 | = | 0.0% |
| Amounts payable | 17/49 | €436,251 | €327,706 | -€108,545 | -24.9% |
| Amounts payable after more than one year | 17 | €143,540 | €108,122 | -€35,419 | -24.7% |
| Financial debts | 170/4 | €143,540 | €108,122 | -€35,419 | -24.7% |
| Amounts payable within one year | 42/48 | €292,711 | €219,585 | -€73,127 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €34,341 | €34,341 | = | 0.0% |
| Financial debts | 43 | €40,965 | €39,356 | -€1,609 | -3.9% |
| Credit institutions | 430/8 | €40,965 | €39,356 | -€1,609 | -3.9% |
| Trade debts | 44 | €199,135 | €128,013 | -€71,121 | -35.7% |
| Suppliers | 440/4 | €199,135 | €128,013 | -€71,121 | -35.7% |
| Taxes, remuneration and social security | 45 | €12,261 | €14,974 | +€2,713 | +22.1% |
| Taxes | 450/3 | €3,874 | €4,579 | +€705 | +18.2% |
| Remuneration and social security | 454/9 | €8,386 | €10,395 | +€2,009 | +23.9% |
| Other amounts payable | 47/48 | €6,010 | €2,901 | -€3,109 | -51.7% |
| Remuneration, social security and pensions | 62 | €29,574 | €30,591 | +€1,017 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,253 | €45,368 | +€115 | +0.3% |
| Other operating charges | 640/8 | €15,821 | €688 | -€15,133 | -95.6% |
| Non-recurring operating charges | 66A | €103,566 | - | -€103,566 | |
| Gross operating margin | 9900 | €82,645 | €79,454 | -€3,191 | -3.9% |
| Operating profit (loss) | 9901 | -€111,569 | €2,806 | +€114,376 | |
| Financial income | 75/76B | €142,441 | €8,629 | -€133,812 | -93.9% |
| Recurring financial income | 75 | €18 | €76 | +€58 | +331% |
| Non-recurring financial income | 76B | €142,424 | €8,553 | -€133,870 | -94.0% |
| Financial charges | 65/66B | €17,249 | €12,867 | -€4,382 | -25.4% |
| Recurring financial charges | 65 | €17,249 | €12,867 | -€4,382 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €13,623 | -€1,431 | -€15,054 | |
| Profit (loss) for the period | 9904 | €13,623 | -€1,431 | -€15,054 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,623 | -€1,431 | -€15,054 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.