JF TRADERS: 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.
JF TRADERS
Largest movements
- Receivables within one year +€153,959
up €153,959 (+41.0%), from €375,284 to €529,243
of which Trade receivables: +€153,934
- Cash -€22,375
down €22,375 (-19.5%), from €114,834 to €92,459
mainly Receivables within one year (-€153,959) and Investment in fixed assets (net) (-€21,497)
- Tangible fixed assets +€13,205
up €13,205 (+309%), from €4,273 to €17,478
of which Furniture and vehicles: +€9,735
- Trade debts +€146,260
up €146,260 (+34.1%), from €428,557 to €574,817
- Tax, wage and social debts +€14,077
up €14,077 (+37.2%), from €37,892 to €51,969
of which Remuneration and social security: +€13,671
- Profit (loss) carried forward -€8,919
down €8,919 (-20.0%), from €44,590 to €35,671
- Turnover -€1.6m
no longer reported in 2025 (was €1.6m)
- Purchases and services -€1.5m
no longer reported in 2025 (was €1.5m)
- Gross operating margin -€26,135
down €26,135 (-23.0%), from €113,400 to €87,265
- Other operating charges -€18,655
down €18,655 (-88.1%), from €21,182 to €2,527
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.
Derived cash bridge
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 | €544,465 | €694,138 | +€149,673 | +27.5% |
| Fixed assets | 21/28 | €4,468 | €21,423 | +€16,955 | +379% |
| Tangible fixed assets | 22/27 | €4,273 | €17,478 | +€13,205 | +309% |
| Plant, machinery and equipment | 23 | €2,606 | €6,076 | +€3,470 | +133% |
| Furniture and vehicles | 24 | €1,667 | €11,402 | +€9,735 | +584% |
| Financial fixed assets | 28 | €195 | €3,945 | +€3,750 | +1,923% |
| Current assets | 29/58 | €539,997 | €672,715 | +€132,718 | +24.6% |
| Stocks and contracts in progress | 3 | €49,879 | €51,013 | +€1,134 | +2.3% |
| Stocks | 30/36 | €49,879 | €51,013 | +€1,134 | +2.3% |
| Amounts receivable within one year | 40/41 | €375,284 | €529,243 | +€153,959 | +41.0% |
| Trade receivables | 40 | €365,041 | €518,975 | +€153,934 | +42.2% |
| Other amounts receivable | 41 | €10,243 | €10,268 | +€25 | +0.2% |
| Cash at bank and in hand | 54/58 | €114,834 | €92,459 | -€22,375 | -19.5% |
| Total equity and liabilities | 10/49 | €544,465 | €694,138 | +€149,673 | +27.5% |
| Equity | 10/15 | €63,190 | €54,271 | -€8,919 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,590 | €35,671 | -€8,919 | -20.0% |
| Amounts payable | 17/49 | €481,275 | €639,867 | +€158,592 | +33.0% |
| Amounts payable after more than one year | 17 | €6,277 | €4,532 | -€1,745 | -27.8% |
| Financial debts | 170/4 | €6,277 | €4,532 | -€1,745 | -27.8% |
| Amounts payable within one year | 42/48 | €474,998 | €635,335 | +€160,337 | +33.8% |
| Trade debts | 44 | €428,557 | €574,817 | +€146,260 | +34.1% |
| Suppliers | 440/4 | €428,557 | €574,817 | +€146,260 | +34.1% |
| Advances received on contracts in progress | 46 | €3,301 | €3,301 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,892 | €51,969 | +€14,077 | +37.2% |
| Taxes | 450/3 | €10,130 | €10,536 | +€406 | +4.0% |
| Remuneration and social security | 454/9 | €27,762 | €41,433 | +€13,671 | +49.2% |
| Other amounts payable | 47/48 | €5,248 | €5,248 | = | 0.0% |
| Turnover | 70 | €1,647,649 | - | -€1.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,534,623 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €74,738 | €88,958 | +€14,220 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,044 | €4,542 | -€502 | -10.0% |
| Other operating charges | 640/8 | €21,182 | €2,527 | -€18,655 | -88.1% |
| Gross operating margin | 9900 | €113,400 | €87,265 | -€26,135 | -23.0% |
| Operating profit (loss) | 9901 | €12,436 | -€8,762 | -€21,198 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €5,373 | €165 | -€5,208 | -96.9% |
| Recurring financial charges | 65 | €5,373 | €165 | -€5,208 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €7,063 | -€8,919 | -€15,982 | |
| Profit (loss) for the period | 9904 | €7,063 | -€8,919 | -€15,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,063 | -€8,919 | -€15,982 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.