JFJ IMMO: 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.
JFJ IMMO
Largest movements
- Current investments -€544,101
down €544,101 (-18.1%), from €3.0m to €2.5m
- Cash +€496,134
up €496,134 (+393.7%), from €126,026 to €622,160
mainly Current investments (+€544,101) and Depreciation (+€39,944)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€6.2m
down €6.2m (-98.1%), from €6.3m to €118,695
- Taxes -€546,640
down €546,640 (-99.8%), from €547,765 to €1,125
- Gross operating margin +€207,520
up €207,520 (+80.5%), from -€257,882 to -€50,363
- Financial charges +€37,205
up €37,205 (+523.2%), from €7,111 to €44,316
- Depreciation +€24,617
up €24,617 (+160.6%), from €15,327 to €39,944
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 | €6,859,497 | €6,777,807 | -€81,690 | -1.2% |
| Fixed assets | 21/28 | €1,230,395 | €1,192,518 | -€37,877 | -3.1% |
| Tangible fixed assets | 22/27 | €171,777 | €133,900 | -€37,877 | -22.0% |
| Furniture and vehicles | 24 | €169,055 | €129,802 | -€39,253 | -23.2% |
| Other tangible fixed assets | 26 | €2,722 | €4,098 | +€1,376 | +50.6% |
| Financial fixed assets | 28 | €1,058,618 | €1,058,618 | = | 0.0% |
| Current assets | 29/58 | €5,629,102 | €5,585,289 | -€43,813 | -0.8% |
| Amounts receivable after more than one year | 29 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €499,036 | €502,798 | +€3,762 | +0.8% |
| Trade receivables | 40 | €17,593 | €29,045 | +€11,452 | +65.1% |
| Other amounts receivable | 41 | €481,443 | €473,753 | -€7,690 | -1.6% |
| Current investments | 50/53 | €3,000,000 | €2,455,899 | -€544,101 | -18.1% |
| Cash at bank and in hand | 54/58 | €126,026 | €622,160 | +€496,134 | +393.7% |
| Deferred charges and accrued income | 490/1 | €4,040 | €4,432 | +€392 | +9.7% |
| Total equity and liabilities | 10/49 | €6,859,497 | €6,777,807 | -€81,690 | -1.2% |
| Equity | 10/15 | €5,718,950 | €5,696,604 | -€22,346 | -0.4% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €5,652,950 | €5,652,950 | = | 0.0% |
| Distributable reserves | 133 | €5,652,950 | €5,652,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,346 | -€22,346 | |
| Amounts payable | 17/49 | €1,140,547 | €1,081,203 | -€59,344 | -5.2% |
| Amounts payable after more than one year | 17 | €522,133 | €474,667 | -€47,467 | -9.1% |
| Financial debts | 170/4 | €522,133 | €474,667 | -€47,467 | -9.1% |
| Amounts payable within one year | 42/48 | €618,413 | €606,537 | -€11,877 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €47,467 | €47,467 | = | 0.0% |
| Trade debts | 44 | €842 | €469 | -€373 | -44.3% |
| Suppliers | 440/4 | €842 | €469 | -€373 | -44.3% |
| Taxes, remuneration and social security | 45 | €570,105 | €558,601 | -€11,504 | -2.0% |
| Taxes | 450/3 | €566,005 | €554,501 | -€11,504 | -2.0% |
| Remuneration and social security | 454/9 | €4,100 | €4,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,327 | €39,944 | +€24,617 | +160.6% |
| Other operating charges | 640/8 | €10,702 | €5,293 | -€5,409 | -50.5% |
| Gross operating margin | 9900 | -€257,882 | -€50,363 | +€207,520 | +80.5% |
| Operating profit (loss) | 9901 | -€283,911 | -€95,600 | +€188,311 | +66.3% |
| Financial income | 75/76B | €6,337,043 | €118,695 | -€6.2m | -98.1% |
| Recurring financial income | 75 | €6,337,043 | €118,695 | -€6.2m | -98.1% |
| Financial charges | 65/66B | €7,111 | €44,316 | +€37,205 | +523.2% |
| Recurring financial charges | 65 | €7,111 | €44,316 | +€37,205 | +523.2% |
| Profit (loss) for the period before taxes | 9903 | €6,046,020 | -€21,221 | -€6.1m | |
| Income taxes | 67/77 | €547,765 | €1,125 | -€546,640 | -99.8% |
| Profit (loss) for the period | 9904 | €5,498,256 | -€22,346 | -€5.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €5,498,256 | -€22,346 | -€5.5m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.