JOFLAN: what changed
Two fiscal 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.
JOFLAN
Largest movements
- Tangible fixed assets -€16,214
down €16,214 (-33.1%), from €48,998 to €32,784
of which Furniture and vehicles: -€10,992
- Receivables within one year +€8,608
up €8,608 (+24.9%), from €34,633 to €43,242
of which Trade receivables: +€12,869
- Cash -€6,194
down €6,194 (-69.2%), from €8,956 to €2,762
mainly Contributions, distributions and other (-€18,571) and Debts after one year (-€13,199)
- Reserves +€28,741
new in 2025: €28,741
- Profit (loss) carried forward -€18,571
down €18,571 (-100.0%), from €18,571 to €0
- Debts after one year -€13,199
down €13,199 (-100.0%), from €13,199 to €0
- Other debts -€9,164
down €9,164 (-30.9%), from €29,696 to €20,532
- Current portion of long-term debt -€2,036
down €2,036 (-13.3%), from €15,327 to €13,290
- Gross operating margin +€11,987
up €11,987 (+26.1%), from €45,948 to €57,934
- Taxes +€1,717
up €1,717 (+19.6%), from €8,742 to €10,459
- Depreciation -€1,543
down €1,543 (-8.7%), from €17,757 to €16,214
- Staff costs -€1,535
down €1,535 (-100.0%), from €1,535 to €0
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.
Cash bridge derived
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 | €92,868 | €78,787 | -€14,081 | -15.2% |
| Fixed assets | 21/28 | €48,998 | €32,784 | -€16,214 | -33.1% |
| Tangible fixed assets | 22/27 | €48,998 | €32,784 | -€16,214 | -33.1% |
| Plant, machinery and equipment | 23 | €9,164 | €3,942 | -€5,222 | -57.0% |
| Furniture and vehicles | 24 | €39,834 | €28,842 | -€10,992 | -27.6% |
| Current assets | 29/58 | €43,871 | €46,004 | +€2,133 | +4.9% |
| Amounts receivable within one year | 40/41 | €34,633 | €43,242 | +€8,608 | +24.9% |
| Trade receivables | 40 | €23,865 | €36,734 | +€12,869 | +53.9% |
| Other amounts receivable | 41 | €10,768 | €6,508 | -€4,260 | -39.6% |
| Cash at bank and in hand | 54/58 | €8,956 | €2,762 | -€6,194 | -69.2% |
| Deferred charges and accrued income | 490/1 | €281 | €0 | -€281 | -100.0% |
| Total equity and liabilities | 10/49 | €92,868 | €78,787 | -€14,081 | -15.2% |
| Equity | 10/15 | €19,071 | €29,241 | +€10,170 | +53.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | - | €28,741 | +€28,741 | |
| Distributable reserves | 133 | - | €28,741 | +€28,741 | |
| Profit (loss) carried forward | 14 | €18,571 | €0 | -€18,571 | -100.0% |
| Amounts payable | 17/49 | €73,798 | €49,546 | -€24,251 | -32.9% |
| Amounts payable after more than one year | 17 | €13,199 | €0 | -€13,199 | -100.0% |
| Financial debts | 170/4 | €13,199 | €0 | -€13,199 | -100.0% |
| Amounts payable within one year | 42/48 | €60,598 | €49,546 | -€11,052 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €15,327 | €13,290 | -€2,036 | -13.3% |
| Trade debts | 44 | €1,817 | €2,047 | +€230 | +12.7% |
| Suppliers | 440/4 | €1,817 | €2,047 | +€230 | +12.7% |
| Taxes, remuneration and social security | 45 | €13,758 | €13,676 | -€82 | -0.6% |
| Taxes | 450/3 | €13,758 | €13,676 | -€82 | -0.6% |
| Other amounts payable | 47/48 | €29,696 | €20,532 | -€9,164 | -30.9% |
| Non-recurring operating income | 76A | - | €1,652 | +€1,652 | |
| Remuneration, social security and pensions | 62 | €1,535 | €0 | -€1,535 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,757 | €16,214 | -€1,543 | -8.7% |
| Other operating charges | 640/8 | €1,124 | €1,226 | +€102 | +9.1% |
| Gross operating margin | 9900 | €45,948 | €57,934 | +€11,987 | +26.1% |
| Operating profit (loss) | 9901 | €25,532 | €40,494 | +€14,963 | +58.6% |
| Financial income | 75/76B | €3 | €18 | +€15 | +488.3% |
| Recurring financial income | 75 | €3 | €18 | +€15 | +488.3% |
| Financial charges | 65/66B | €1,683 | €1,312 | -€371 | -22.1% |
| Recurring financial charges | 65 | €1,683 | €1,312 | -€371 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €23,851 | €39,200 | +€15,349 | +64.4% |
| Income taxes | 67/77 | €8,742 | €10,459 | +€1,717 | +19.6% |
| Profit (loss) for the period | 9904 | €15,109 | €28,741 | +€13,632 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,109 | €28,741 | +€13,632 | +90.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.