DANY JAMAR: what changed
Two fiscal 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.
DANY JAMAR
Largest movements
- Tangible fixed assets -€12,709
down €12,709 (-21.9%), from €58,134 to €45,425
of which Land and buildings: -€9,415
- Receivables within one year +€7,614
up €7,614 (+55.3%), from €13,775 to €21,389
of which Trade receivables: +€11,370
- Cash -€3,787
down €3,787 (-10.8%), from €35,015 to €31,229
mainly Other debts (-€12,098) and Receivables within one year (-€7,614)
- Other debts -€12,098
down €12,098 (-82.2%), from €14,715 to €2,617
- Reserves +€10,296
up €10,296 (+10.0%), from €102,738 to €113,034
of which Distributable reserves: +€10,296
- Current portion of long-term debt -€7,109
no longer reported in 2025 (was €7,109)
- Gross operating margin -€8,906
down €8,906 (-18.0%), from €49,401 to €40,496
- Other operating charges -€1,826
down €1,826 (-22.4%), from €8,136 to €6,310
- Taxes -€1,381
down €1,381 (-25.1%), from €5,499 to €4,117
- Depreciation -€761
down €761 (-4.0%), from €19,112 to €18,351
- Financial charges -€744
down €744 (-33.8%), from €2,205 to €1,460
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 | €210,709 | €202,046 | -€8,663 | -4.1% |
| Fixed assets | 21/28 | €58,134 | €45,425 | -€12,709 | -21.9% |
| Tangible fixed assets | 22/27 | €58,134 | €45,425 | -€12,709 | -21.9% |
| Land and buildings | 22 | €46,110 | €36,695 | -€9,415 | -20.4% |
| Plant, machinery and equipment | 23 | €2,034 | €684 | -€1,350 | -66.4% |
| Furniture and vehicles | 24 | €7,530 | €6,519 | -€1,011 | -13.4% |
| Other tangible fixed assets | 26 | €2,460 | €1,527 | -€933 | -37.9% |
| Current assets | 29/58 | €152,575 | €156,621 | +€4,046 | +2.7% |
| Stocks and contracts in progress | 3 | €550 | €550 | = | 0.0% |
| Stocks | 30/36 | €550 | €550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,775 | €21,389 | +€7,614 | +55.3% |
| Trade receivables | 40 | €8,800 | €20,170 | +€11,370 | +129.2% |
| Other amounts receivable | 41 | €4,975 | €1,219 | -€3,756 | -75.5% |
| Current investments | 50/53 | €99,000 | €99,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,015 | €31,229 | -€3,787 | -10.8% |
| Deferred charges and accrued income | 490/1 | €4,235 | €4,454 | +€219 | +5.2% |
| Total equity and liabilities | 10/49 | €210,709 | €202,046 | -€8,663 | -4.1% |
| Equity | 10/15 | €184,620 | €194,916 | +€10,296 | +5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,738 | €113,034 | +€10,296 | +10.0% |
| Tax-exempt reserves | 132 | €24,442 | €24,442 | = | 0.0% |
| Distributable reserves | 133 | €78,296 | €88,592 | +€10,296 | +13.2% |
| Profit (loss) carried forward | 14 | €75,682 | €75,682 | = | 0.0% |
| Amounts payable | 17/49 | €26,089 | €7,130 | -€18,960 | -72.7% |
| Amounts payable within one year | 42/48 | €26,089 | €7,130 | -€18,960 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €7,109 | - | -€7,109 | |
| Trade debts | 44 | €2,290 | €1,997 | -€294 | -12.8% |
| Suppliers | 440/4 | €2,290 | €1,997 | -€294 | -12.8% |
| Taxes, remuneration and social security | 45 | €1,975 | €2,516 | +€541 | +27.4% |
| Taxes | 450/3 | €1,975 | €2,516 | +€541 | +27.4% |
| Other amounts payable | 47/48 | €14,715 | €2,617 | -€12,098 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,112 | €18,351 | -€761 | -4.0% |
| Other operating charges | 640/8 | €8,136 | €6,310 | -€1,826 | -22.4% |
| Gross operating margin | 9900 | €49,401 | €40,496 | -€8,906 | -18.0% |
| Operating profit (loss) | 9901 | €22,153 | €15,834 | -€6,319 | -28.5% |
| Financial income | 75/76B | €71 | €40 | -€31 | -43.6% |
| Recurring financial income | 75 | €71 | €40 | -€31 | -43.6% |
| Financial charges | 65/66B | €2,205 | €1,460 | -€744 | -33.8% |
| Recurring financial charges | 65 | €2,205 | €1,460 | -€744 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €20,019 | €14,414 | -€5,606 | -28.0% |
| Income taxes | 67/77 | €5,499 | €4,117 | -€1,381 | -25.1% |
| Profit (loss) for the period | 9904 | €14,521 | €10,296 | -€4,224 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,521 | €10,296 | -€4,224 | -29.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.