JAMTECH
InactiveFinancials · financial year 2024, abbreviated format
2024 annual accounts filed late (3 days) Filed on 3 February 2025, deadline 31 January 2025 (7 months after the close on 30 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00028724.
Equity
€70,945▲ 62.2%
2023 · €43,729
Total assets
€120,748▲ 54.8%
2023 · €77,999
Net result
€27,217
2023 · -€31,048
Working capital
€84,051▲ 99.4%
2023 · €42,142
Trend over the years
2021 to 2024, 4 financial years
The operating result returns to profit in 2024: €57,804 after a loss of €27,636 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€57,804
2024
Net result€27,217
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€120,748
2024
Equity€70,945
2024
Debt€49,803
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€84,051
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)3
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Operating result€1,039-€42,992▲ 4,037%-€27,636€57,804
Net result€8,891-€30,380▲ 242%-€31,048€27,217
Equity€44,396-€74,776▲ 68.4%€43,729▼ 41.5%€70,945▲ 62.2%
Total assets€600,578-€114,390▼ 81.0%€77,999▼ 31.8%€120,748▲ 54.8%
Debt€556,183-€39,613▼ 92.9%€34,271▼ 13.5%€49,803▲ 45.3%
Working capital€44,396-€73,775▲ 66.2%€42,142▼ 42.9%€84,051▲ 99.4%
Staff (FTE)14.6-3▼ 79.5%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2022 Staff (FTE) -79% on 2021. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,748
Fixed assets
€1,895 ▲ 19.4%
Current assets
€118,853 ▲ 55.5%
Equity and liabilities €120,748
Equity
€70,945 ▲ 62.2%
Debt
€49,803 ▲ 45.3%
Debt's share of the balance-sheet total falls from 43.9% to 41.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58,772▲
2023 · -€27,122
Cash flow
€28,184▲
2023 · -€30,534
Current ratio
3.42▲
2023 · 2.23
Debt to equity
0.70▼
2023 · 0.78
ROE
38.4%▲
2023 · -71.0%
ROA
22.5%▲
2023 · -39.8%
Interest coverage
8.15▲
2023 · -7.96
Debt ≤ 1 year
€34,803▲
2023 · €34,271
Income taxes
€23,377▲
2023 · €3
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €97,945 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €21 | €513 | €967 | ▲ 88.4% |
| Other operating charges640/8 | - | €1,262 | €19,258 | €10,933 | ▼ 43.2% |
| Gross operating margin9900 | €553,223 | €142,220 | -€7,864 | €69,704 | - |
| Operating profit (loss)9901 | €1,039 | €42,992 | -€27,636 | €57,804 | - |
| Recurring financial income75 | €1 | - | - | - | - |
| Financial charges65/66B | - | €206 | €3,409 | €7,210 | ▲ 112% |
| Recurring financial charges65 | €560 | €206 | €3,409 | €7,210 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | €480 | €42,785 | -€31,045 | €50,594 | - |
| Income taxes67/77 | -€8,411 | €12,405 | €3 | €23,377 | ▲ 766,363% |
| Profit (loss) for the period9904 | €8,891 | €30,380 | -€31,048 | €27,217 | - |
| Profit (loss) for the period to be appropriated9905 | €8,891 | €30,380 | -€31,048 | €27,217 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €600,578 | €114,390 | €77,999 | €120,748 | ▲ 54.8% |
| Fixed assets21/28 | - | €1,001 | €1,586 | €1,895 | ▲ 19.4% |
| Tangible fixed assets22/27 | - | €1,001 | €1,586 | €1,895 | ▲ 19.4% |
| Plant, machinery and equipment23 | - | €1,001 | €1,586 | €1,895 | ▲ 19.4% |
| Current assets29/58 | €600,578 | €113,388 | €76,413 | €118,853 | ▲ 55.5% |
| Amounts receivable within one year40/41 | €525,735 | €101,457 | €66,165 | €76,649 | ▲ 15.8% |
| Trade receivables40 | - | €100,000 | €61,239 | €74,616 | ▲ 21.8% |
| Other amounts receivable41 | - | €1,457 | €4,926 | €2,033 | ▼ 58.7% |
| Cash at bank and in hand54/58 | €74,843 | €11,931 | €9,091 | €39,027 | ▲ 329% |
| Deferred charges and accrued income490/1 | - | - | €1,157 | €3,177 | ▲ 175% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €600,578 | €114,390 | €77,999 | €120,748 | ▲ 54.8% |
| Equity10/15 | €44,396 | €74,776 | €43,729 | €70,945 | ▲ 62.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €38,196 | €68,576 | €37,529 | €64,745 | ▲ 72.5% |
| Distributable reserves133 | - | €68,576 | €37,529 | €64,745 | ▲ 72.5% |
| Amounts payable17/49 | €556,183 | €39,613 | €34,271 | €49,803 | ▲ 45.3% |
| Amounts payable within one year42/48 | €556,183 | €39,613 | €34,271 | €34,803 | ▲ 1.6% |
| Trade debts44 | €391,126 | €1,401 | €12,877 | €8,253 | ▼ 35.9% |
| Suppliers440/4 | - | €1,401 | €12,877 | €8,253 | ▼ 35.9% |
| Taxes, remuneration and social security45 | - | €12,250 | €272 | €23,172 | ▲ 8,407% |
| Taxes450/3 | - | €12,250 | €272 | €23,172 | ▲ 8,407% |
| Other amounts payable47/48 | - | €25,963 | €21,122 | €3,377 | ▼ 84.0% |
| Accrued charges and deferred income492/3 | - | - | - | €15,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,891 | €30,380 | -€31,048 | €27,217 | - |
| + Depreciation and write-downs630 | - | €21 | €513 | €967 | ▲ 88.4% |
| Operating cash flow (approximation) | €8,891 | €30,402 | -€30,534 | €28,184 | - |
| Investment in fixed assets (approximation) | - | - | -€1,098 | -€1,276 | ▼ 16.1% |
| Change in cash | - | -€62,912 | -€2,840 | €29,937 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | abbreviated format | 03-02-2025 | 2025-00028724 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00023539 |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00005981 |
| 30-06-2021 | abbreviated format | 14-03-2022 | 2022-07600509 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.