JFOAM: 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.
JFOAM
Largest movements
- Current investments +€11,712
new in 2025: €11,712
- Tangible fixed assets -€5,524
down €5,524 (-35.9%), from €15,392 to €9,868
- Deferred charges and accrued income +€1,452
new in 2025: €1,452
- Cash +€517
up €517 (+8.4%), from €6,180 to €6,697
mainly Net result for the year (+€10,407) and Depreciation (+€5,524)
- Profit (loss) carried forward +€10,407
new in 2025: €10,407
- Trade debts -€1,148
down €1,148 (-36.9%), from €3,114 to €1,966
- Tax, wage and social debts -€933
down €933 (-27.9%), from €3,346 to €2,414
- Other debts -€541
down €541 (-24.6%), from €2,198 to €1,657
- Gross operating margin +€1,279
up €1,279 (+6.6%), from €19,256 to €20,535
- Taxes -€780
down €780 (-15.2%), from €5,145 to €4,365
- Financial charges +€273
up €273 (+2276.4%), from €12 to €285
- Depreciation +€261
up €261 (+5.0%), from €5,263 to €5,524
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 | €36,202 | €43,987 | +€7,785 | +21.5% |
| Fixed assets | 21/28 | €20,902 | €15,378 | -€5,524 | -26.4% |
| Tangible fixed assets | 22/27 | €15,392 | €9,868 | -€5,524 | -35.9% |
| Furniture and vehicles | 24 | €15,392 | €9,868 | -€5,524 | -35.9% |
| Financial fixed assets | 28 | €5,510 | €5,510 | = | 0.0% |
| Current assets | 29/58 | €15,301 | €28,610 | +€13,309 | +87.0% |
| Amounts receivable within one year | 40/41 | €9,120 | €8,749 | -€372 | -4.1% |
| Trade receivables | 40 | €7,100 | €7,100 | = | 0.0% |
| Other amounts receivable | 41 | €2,020 | €1,649 | -€372 | -18.4% |
| Current investments | 50/53 | - | €11,712 | +€11,712 | |
| Cash at bank and in hand | 54/58 | €6,180 | €6,697 | +€517 | +8.4% |
| Deferred charges and accrued income | 490/1 | - | €1,452 | +€1,452 | |
| Total equity and liabilities | 10/49 | €36,202 | €43,987 | +€7,785 | +21.5% |
| Equity | 10/15 | €27,544 | €37,951 | +€10,407 | +37.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,544 | €24,544 | = | 0.0% |
| Distributable reserves | 133 | €24,544 | €24,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €10,407 | +€10,407 | |
| Amounts payable | 17/49 | €8,658 | €6,036 | -€2,622 | -30.3% |
| Amounts payable within one year | 42/48 | €8,658 | €6,036 | -€2,622 | -30.3% |
| Trade debts | 44 | €3,114 | €1,966 | -€1,148 | -36.9% |
| Suppliers | 440/4 | €3,114 | €1,966 | -€1,148 | -36.9% |
| Taxes, remuneration and social security | 45 | €3,346 | €2,414 | -€933 | -27.9% |
| Taxes | 450/3 | €3,346 | €2,414 | -€933 | -27.9% |
| Other amounts payable | 47/48 | €2,198 | €1,657 | -€541 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,263 | €5,524 | +€261 | +5.0% |
| Gross operating margin | 9900 | €19,256 | €20,535 | +€1,279 | +6.6% |
| Operating profit (loss) | 9901 | €13,993 | €15,011 | +€1,017 | +7.3% |
| Financial income | 75/76B | - | €47 | +€47 | |
| Recurring financial income | 75 | - | €47 | +€47 | |
| Financial charges | 65/66B | €12 | €285 | +€273 | +2276.4% |
| Recurring financial charges | 65 | €12 | €285 | +€273 | +2276.4% |
| Profit (loss) for the period before taxes | 9903 | €13,981 | €14,772 | +€791 | +5.7% |
| Income taxes | 67/77 | €5,145 | €4,365 | -€780 | -15.2% |
| Profit (loss) for the period | 9904 | €8,836 | €10,407 | +€1,571 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,836 | €10,407 | +€1,571 | +17.8% |
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 12 October 2026 via checked.be.