Jofa: 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.
Jofa
Largest movements
- Tangible fixed assets -€11,520
down €11,520 (-2.9%), from €403,057 to €391,537
- Cash +€8,909
up €8,909 (+62.0%), from €14,374 to €23,283
mainly Depreciation (+€11,520) and Net result for the year (+€4,388)
- Debts after one year -€8,685
down €8,685 (-2.1%), from €414,132 to €405,447
- Other operating charges +€3,303
up €3,303 (+2,351%), from €141 to €3,444
- Gross operating margin -€1,902
down €1,902 (-6.1%), from €31,430 to €29,528
- Taxes -€828
down €828 (-40.6%), from €2,042 to €1,214
- Financial charges -€633
down €633 (-6.6%), from €9,620 to €8,987
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 | €443,382 | €440,796 | -€2,586 | -0.6% |
| Fixed assets | 21/28 | €403,557 | €392,037 | -€11,520 | -2.9% |
| Tangible fixed assets | 22/27 | €403,057 | €391,537 | -€11,520 | -2.9% |
| Land and buildings | 22 | €403,057 | €391,537 | -€11,520 | -2.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €39,826 | €48,759 | +€8,934 | +22.4% |
| Amounts receivable within one year | 40/41 | €25,416 | €25,452 | +€36 | +0.1% |
| Trade receivables | 40 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 41 | €416 | €452 | +€36 | +8.6% |
| Cash at bank and in hand | 54/58 | €14,374 | €23,283 | +€8,909 | +62.0% |
| Deferred charges and accrued income | 490/1 | €36 | €24 | -€12 | -32.4% |
| Total equity and liabilities | 10/49 | €443,382 | €440,796 | -€2,586 | -0.6% |
| Equity | 10/15 | €13,960 | €18,348 | +€4,388 | +31.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,960 | €13,348 | +€4,388 | +49.0% |
| Amounts payable | 17/49 | €429,423 | €422,449 | -€6,974 | -1.6% |
| Amounts payable after more than one year | 17 | €414,132 | €405,447 | -€8,685 | -2.1% |
| Financial debts | 170/4 | €414,132 | €405,447 | -€8,685 | -2.1% |
| Amounts payable within one year | 42/48 | €15,290 | €17,001 | +€1,711 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €12,636 | €12,913 | +€277 | +2.2% |
| Trade debts | 44 | €145 | €476 | +€331 | +229% |
| Suppliers | 440/4 | €145 | €476 | +€331 | +229% |
| Taxes, remuneration and social security | 45 | €2,510 | €3,613 | +€1,103 | +43.9% |
| Taxes | 450/3 | €2,510 | €3,613 | +€1,103 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,520 | €11,520 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €3,444 | +€3,303 | +2,351% |
| Gross operating margin | 9900 | €31,430 | €29,528 | -€1,902 | -6.1% |
| Operating profit (loss) | 9901 | €19,770 | €14,565 | -€5,205 | -26.3% |
| Financial income | 75/76B | €36 | €24 | -€12 | -32.4% |
| Recurring financial income | 75 | €36 | €24 | -€12 | -32.4% |
| Financial charges | 65/66B | €9,620 | €8,987 | -€633 | -6.6% |
| Recurring financial charges | 65 | €9,620 | €8,987 | -€633 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €10,186 | €5,602 | -€4,584 | -45.0% |
| Income taxes | 67/77 | €2,042 | €1,214 | -€828 | -40.6% |
| Profit (loss) for the period | 9904 | €8,144 | €4,388 | -€3,756 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,144 | €4,388 | -€3,756 | -46.1% |
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 26 October 2026 via checked.be.