JOFRAKA: 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.
JOFRAKA
Largest movements
- Tangible fixed assets -€2,868
down €2,868 (-38.8%), from €7,384 to €4,516
of which Plant, machinery and equipment: -€1,576
- Cash -€1,381
down €1,381 (-29.6%), from €4,673 to €3,292
mainly Net result for the year (-€6,021) and Trade debts (-€4,822)
- Deferred charges and accrued income -€1,080
no longer reported in 2025 (was €1,080)
- Receivables within one year +€626
up €626 (+2.7%), from €22,942 to €23,568
of which Trade receivables: +€459
- Other debts +€7,315
up €7,315 (+14.0%), from €52,421 to €59,736
- Profit (loss) carried forward -€6,021
down €6,021 (-11.2%), from -€53,530 to -€59,552
- Trade debts -€4,822
down €4,822 (-29.6%), from €16,309 to €11,487
- Current portion of long-term debt -€1,752
no longer reported in 2025 (was €1,752)
- Tax, wage and social debts +€576
up €576 (+19.7%), from €2,928 to €3,504
- Gross operating margin +€9,309
up €9,309, from -€8,522 to €787
- Depreciation -€6,185
down €6,185 (-68.3%), from €9,053 to €2,868
- Other operating charges +€2,285
up €2,285 (+367.5%), from €622 to €2,907
- Financial charges +€229
up €229 (+87.5%), from €261 to €490
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 | €36,079 | €31,375 | -€4,703 | -13.0% |
| Fixed assets | 21/28 | €7,384 | €4,516 | -€2,868 | -38.8% |
| Tangible fixed assets | 22/27 | €7,384 | €4,516 | -€2,868 | -38.8% |
| Land and buildings | 22 | €567 | €150 | -€417 | -73.6% |
| Plant, machinery and equipment | 23 | €4,570 | €2,994 | -€1,576 | -34.5% |
| Furniture and vehicles | 24 | €2,247 | €1,372 | -€875 | -39.0% |
| Current assets | 29/58 | €28,695 | €26,860 | -€1,835 | -6.4% |
| Amounts receivable within one year | 40/41 | €22,942 | €23,568 | +€626 | +2.7% |
| Trade receivables | 40 | €15,288 | €15,748 | +€459 | +3.0% |
| Other amounts receivable | 41 | €7,654 | €7,820 | +€167 | +2.2% |
| Cash at bank and in hand | 54/58 | €4,673 | €3,292 | -€1,381 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,080 | - | -€1,080 | |
| Total equity and liabilities | 10/49 | €36,079 | €31,375 | -€4,703 | -13.0% |
| Equity | 10/15 | -€37,330 | -€43,352 | -€6,021 | -16.1% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,530 | -€59,552 | -€6,021 | -11.2% |
| Amounts payable | 17/49 | €73,409 | €74,727 | +€1,318 | +1.8% |
| Amounts payable within one year | 42/48 | €73,409 | €74,727 | +€1,318 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €1,752 | - | -€1,752 | |
| Trade debts | 44 | €16,309 | €11,487 | -€4,822 | -29.6% |
| Suppliers | 440/4 | €16,309 | €11,487 | -€4,822 | -29.6% |
| Taxes, remuneration and social security | 45 | €2,928 | €3,504 | +€576 | +19.7% |
| Taxes | 450/3 | €2,928 | €3,504 | +€576 | +19.7% |
| Other amounts payable | 47/48 | €52,421 | €59,736 | +€7,315 | +14.0% |
| Remuneration, social security and pensions | 62 | €214 | €265 | +€51 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,053 | €2,868 | -€6,185 | -68.3% |
| Other operating charges | 640/8 | €622 | €2,907 | +€2,285 | +367.5% |
| Gross operating margin | 9900 | -€8,522 | €787 | +€9,309 | |
| Operating profit (loss) | 9901 | -€18,411 | -€5,253 | +€13,158 | +71.5% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €261 | €490 | +€229 | +87.5% |
| Recurring financial charges | 65 | €261 | €490 | +€229 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,672 | -€5,730 | +€12,943 | +69.3% |
| Income taxes | 67/77 | €295 | €291 | -€4 | -1.3% |
| Profit (loss) for the period | 9904 | -€18,968 | -€6,021 | +€12,946 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,968 | -€6,021 | +€12,946 | +68.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.