JFP Finances: what changed
JFP Finances
Largest movements
- Cash +€43,315
up €43,315 (+158%), from €27,438 to €70,753
mainly Net result for the year (+€149,358) and Other debts (+€53,121)
- Current investments +€40,274
up €40,274 (+68.8%), from €58,500 to €98,774
- Receivables within one year -€28,036
down €28,036 (-20.8%), from €135,050 to €107,015
of which Other amounts receivable: -€52,068
- Tangible fixed assets +€4,914
up €4,914 (+230%), from €2,138 to €7,052
of which Furniture and vehicles: +€5,610
- Other debts +€53,121
up €53,121 (+27.4%), from €193,614 to €246,735
- Tax, wage and social debts +€17,571
up €17,571 (+554%), from €3,171 to €20,742
- Current portion of long-term debt -€9,232
no longer reported in 2025 (was €9,232)
- Gross operating margin +€73,003
up €73,003 (+60.7%), from €120,335 to €193,338
- Financial income -€51,074
down €51,074 (-81.9%), from €62,333 to €11,258
- Taxes +€22,367
up €22,367 (+78.6%), from €28,455 to €50,822
- Depreciation -€11,152
down €11,152 (-82.5%), from €13,523 to €2,371
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 | €228,074 | €289,159 | +€61,085 | +26.8% |
| Fixed assets | 21/28 | €3,938 | €8,852 | +€4,914 | +125% |
| Tangible fixed assets | 22/27 | €2,138 | €7,052 | +€4,914 | +230% |
| Plant, machinery and equipment | 23 | €854 | €158 | -€696 | -81.5% |
| Furniture and vehicles | 24 | €1,284 | €6,894 | +€5,610 | +437% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €224,136 | €280,307 | +€56,171 | +25.1% |
| Amounts receivable within one year | 40/41 | €135,050 | €107,015 | -€28,036 | -20.8% |
| Trade receivables | 40 | €69,951 | €93,983 | +€24,032 | +34.4% |
| Other amounts receivable | 41 | €65,100 | €13,032 | -€52,068 | -80.0% |
| Current investments | 50/53 | €58,500 | €98,774 | +€40,274 | +68.8% |
| Cash at bank and in hand | 54/58 | €27,438 | €70,753 | +€43,315 | +158% |
| Deferred charges and accrued income | 490/1 | €3,148 | €3,765 | +€618 | +19.6% |
| Total equity and liabilities | 10/49 | €228,074 | €289,159 | +€61,085 | +26.8% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €207,614 | €268,699 | +€61,085 | +29.4% |
| Amounts payable within one year | 42/48 | €207,614 | €268,699 | +€61,085 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €9,232 | - | -€9,232 | |
| Trade debts | 44 | €1,597 | €1,221 | -€376 | -23.5% |
| Suppliers | 440/4 | €1,597 | €1,221 | -€376 | -23.5% |
| Taxes, remuneration and social security | 45 | €3,171 | €20,742 | +€17,571 | +554% |
| Taxes | 450/3 | €3,171 | €20,742 | +€17,571 | +554% |
| Other amounts payable | 47/48 | €193,614 | €246,735 | +€53,121 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,523 | €2,371 | -€11,152 | -82.5% |
| Other operating charges | 640/8 | €1,357 | €1,169 | -€189 | -13.9% |
| Gross operating margin | 9900 | €120,335 | €193,338 | +€73,003 | +60.7% |
| Operating profit (loss) | 9901 | €105,455 | €189,799 | +€84,344 | +80.0% |
| Financial income | 75/76B | €62,333 | €11,258 | -€51,074 | -81.9% |
| Recurring financial income | 75 | €62,333 | €11,258 | -€51,074 | -81.9% |
| Financial charges | 65/66B | €1,320 | €877 | -€443 | -33.6% |
| Recurring financial charges | 65 | €1,320 | €877 | -€443 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €166,468 | €200,180 | +€33,712 | +20.3% |
| Income taxes | 67/77 | €28,455 | €50,822 | +€22,367 | +78.6% |
| Profit (loss) for the period | 9904 | €138,013 | €149,358 | +€11,345 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €138,013 | €149,358 | +€11,345 | +8.2% |
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 1 November 2026 via checked.be.