JFM TOITURES: what changed
JFM TOITURES
Largest movements
- Cash +€97,949
up €97,949 (+60.5%), from €161,812 to €259,760
mainly Depreciation (+€55,120) and Debts after one year (+€54,298)
- Tangible fixed assets +€19,704
up €19,704 (+10.5%), from €186,771 to €206,475
of which Furniture and vehicles: +€18,529
- Receivables within one year -€6,029
down €6,029 (-17.0%), from €35,436 to €29,408
of which Other amounts receivable: -€15,189
- Debts after one year +€54,298
up €54,298 (+92.8%), from €58,513 to €112,811
- Reserves +€43,927
up €43,927 (+20.9%), from €209,820 to €253,747
of which Distributable reserves: +€43,927
- Current portion of long-term debt +€22,202
up €22,202 (+87.1%), from €25,498 to €47,700
- Other debts -€6,315
down €6,315 (-19.4%), from €32,477 to €26,161
- Trade debts -€5,038
down €5,038 (-18.6%), from €27,034 to €21,996
- Staff costs +€50,125
up €50,125 (+19.2%), from €260,730 to €310,856
- Gross operating margin +€26,043
up €26,043 (+6.4%), from €405,868 to €431,911
- Depreciation +€25,126
up €25,126 (+83.8%), from €29,993 to €55,120
- Taxes -€13,956
down €13,956 (-43.4%), from €32,125 to €18,169
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 | €389,394 | €501,018 | +€111,624 | +28.7% |
| Fixed assets | 21/28 | €187,146 | €206,850 | +€19,704 | +10.5% |
| Tangible fixed assets | 22/27 | €186,771 | €206,475 | +€19,704 | +10.5% |
| Land and buildings | 22 | €24,000 | €23,500 | -€500 | -2.1% |
| Plant, machinery and equipment | 23 | €13,416 | €15,092 | +€1,675 | +12.5% |
| Furniture and vehicles | 24 | €149,354 | €167,883 | +€18,529 | +12.4% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €202,248 | €294,168 | +€91,920 | +45.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,436 | €29,408 | -€6,029 | -17.0% |
| Trade receivables | 40 | €8,229 | €17,389 | +€9,161 | +111% |
| Other amounts receivable | 41 | €27,208 | €12,018 | -€15,189 | -55.8% |
| Cash at bank and in hand | 54/58 | €161,812 | €259,760 | +€97,949 | +60.5% |
| Total equity and liabilities | 10/49 | €389,394 | €501,018 | +€111,624 | +28.7% |
| Equity | 10/15 | €235,482 | €279,409 | +€43,927 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €209,820 | €253,747 | +€43,927 | +20.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €207,960 | €251,887 | +€43,927 | +21.1% |
| Profit (loss) carried forward | 14 | €7,062 | €7,062 | = | 0.0% |
| Amounts payable | 17/49 | €153,912 | €221,610 | +€67,698 | +44.0% |
| Amounts payable after more than one year | 17 | €58,513 | €112,811 | +€54,298 | +92.8% |
| Financial debts | 170/4 | €58,513 | €112,811 | +€54,298 | +92.8% |
| Amounts payable within one year | 42/48 | €95,399 | €108,698 | +€13,299 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €25,498 | €47,700 | +€22,202 | +87.1% |
| Trade debts | 44 | €27,034 | €21,996 | -€5,038 | -18.6% |
| Suppliers | 440/4 | €27,034 | €21,996 | -€5,038 | -18.6% |
| Taxes, remuneration and social security | 45 | €10,390 | €12,840 | +€2,451 | +23.6% |
| Remuneration and social security | 454/9 | €10,390 | €12,840 | +€2,451 | +23.6% |
| Other amounts payable | 47/48 | €32,477 | €26,161 | -€6,315 | -19.4% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Remuneration, social security and pensions | 62 | €260,730 | €310,856 | +€50,125 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,993 | €55,120 | +€25,126 | +83.8% |
| Other operating charges | 640/8 | €1,249 | €1,192 | -€58 | -4.6% |
| Gross operating margin | 9900 | €405,868 | €431,911 | +€26,043 | +6.4% |
| Operating profit (loss) | 9901 | €113,895 | €64,744 | -€49,151 | -43.2% |
| Financial income | 75/76B | €2,623 | €2,116 | -€507 | -19.3% |
| Recurring financial income | 75 | €2,623 | €2,116 | -€507 | -19.3% |
| Financial charges | 65/66B | €4,572 | €4,765 | +€192 | +4.2% |
| Recurring financial charges | 65 | €4,572 | €4,765 | +€192 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €111,946 | €62,095 | -€49,851 | -44.5% |
| Income taxes | 67/77 | €32,125 | €18,169 | -€13,956 | -43.4% |
| Profit (loss) for the period | 9904 | €79,821 | €43,927 | -€35,895 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,821 | €43,927 | -€35,895 | -45.0% |
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 4 November 2026 via checked.be.