EJAMUN: 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.
EJAMUN
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+543,976%), from €201 to €1.1m
of which Land and buildings: +€1.1m
- Receivables within one year +€198,390
up €198,390 (+4,212%), from €4,710 to €203,101
- Cash +€190,317
up €190,317 (+654%), from €29,111 to €219,428
mainly Debts after one year (+€1.1m) and Contributions, distributions and other (+€368,800)
- Debts after one year +€1.1m
new in 2025: €1.1m
- Contributions +€368,800
up €368,800 (+5,948%), from €6,200 to €375,000
- Current portion of long-term debt +€23,668
new in 2025: €23,668
- Financial income -€47,340
down €47,340 (-100%), from €47,340 to €0
- Gross operating margin +€12,246
up €12,246 (+52.6%), from -€23,297 to -€11,051
- Depreciation +€784
up €784 (+131%), from €600 to €1,384
- Financial charges -€356
down €356 (-84.4%), from €422 to €66
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 | €34,022 | €1,513,455 | +€1.5m | +4,348% |
| Fixed assets | 21/28 | €201 | €1,090,926 | +€1.1m | +543,976% |
| Tangible fixed assets | 22/27 | €201 | €1,090,926 | +€1.1m | +543,976% |
| Land and buildings | 22 | - | €1,090,926 | +€1.1m | |
| Furniture and vehicles | 24 | €201 | €0 | -€201 | -100% |
| Current assets | 29/58 | €33,821 | €422,529 | +€388,708 | +1,149% |
| Amounts receivable within one year | 40/41 | €4,710 | €203,101 | +€198,390 | +4,212% |
| Other amounts receivable | 41 | €4,710 | €203,101 | +€198,390 | +4,212% |
| Cash at bank and in hand | 54/58 | €29,111 | €219,428 | +€190,317 | +654% |
| Total equity and liabilities | 10/49 | €34,022 | €1,513,455 | +€1.5m | +4,348% |
| Equity | 10/15 | €26,882 | €382,527 | +€355,645 | +1,323% |
| Contributions | 10/11 | €6,200 | €375,000 | +€368,800 | +5,948% |
| Reserves | 13 | €56,414 | €56,414 | = | 0.0% |
| Distributable reserves | 133 | €56,414 | €56,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,732 | -€48,887 | -€13,155 | -36.8% |
| Amounts payable | 17/49 | €7,140 | €1,130,928 | +€1.1m | +15,740% |
| Amounts payable after more than one year | 17 | - | €1,100,332 | +€1.1m | |
| Financial debts | 170/4 | - | €1,100,332 | +€1.1m | |
| Amounts payable within one year | 42/48 | €7,140 | €30,596 | +€23,456 | +329% |
| Current portion of amounts payable after more than one year | 42 | - | €23,668 | +€23,668 | |
| Trade debts | 44 | - | €4,392 | +€4,392 | |
| Suppliers | 440/4 | - | €4,392 | +€4,392 | |
| Taxes, remuneration and social security | 45 | €767 | €0 | -€767 | -100% |
| Taxes | 450/3 | €767 | €0 | -€767 | -100% |
| Other amounts payable | 47/48 | €6,372 | €2,536 | -€3,837 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €1,384 | +€784 | +131% |
| Other operating charges | 640/8 | €868 | €654 | -€213 | -24.6% |
| Gross operating margin | 9900 | -€23,297 | -€11,051 | +€12,246 | +52.6% |
| Operating profit (loss) | 9901 | -€24,765 | -€13,089 | +€11,675 | +47.1% |
| Financial income | 75/76B | €47,340 | €0 | -€47,340 | -100% |
| Recurring financial income | 75 | €47,340 | €0 | -€47,340 | -100% |
| Financial charges | 65/66B | €422 | €66 | -€356 | -84.4% |
| Recurring financial charges | 65 | €422 | €66 | -€356 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €22,153 | -€13,155 | -€35,308 | |
| Profit (loss) for the period | 9904 | €22,153 | -€13,155 | -€35,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,153 | -€13,155 | -€35,308 |
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 19 October 2026 via checked.be.