FOUR JAMILS: 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.
FOUR JAMILS
Largest movements
- Receivables within one year -€10,521
down €10,521 (-7.5%), from €140,161 to €129,640
of which Trade receivables: -€12,016
- Stocks and contracts -€9,750
down €9,750 (-41.1%), from €23,750 to €14,000
- Cash -€4,351
down €4,351 (-41.3%), from €10,527 to €6,176
mainly Net result for the year (-€15,715) and Tax, wage and social debts (-€13,400)
- Profit (loss) carried forward -€15,715
new in 2025: -€15,715
- Tax, wage and social debts -€13,400
down €13,400 (-62.4%), from €21,459 to €8,059
of which Remuneration and social security: -€7,400
- Trade debts +€3,525
up €3,525 (+1854.3%), from €190 to €3,716
- Gross operating margin -€60,726
down €60,726, from €47,054 to -€13,672
- Taxes -€12,059
no longer reported in 2025 (was €12,059)
- Other operating charges +€732
up €732 (+492.1%), from €149 to €881
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 | €184,317 | €158,727 | -€25,590 | -13.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,202 | €8,202 | -€1,000 | -10.9% |
| Tangible fixed assets | 22/27 | €9,202 | €8,202 | -€1,000 | -10.9% |
| Plant, machinery and equipment | 23 | €9,202 | €8,202 | -€1,000 | -10.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €175,115 | €150,525 | -€24,590 | -14.0% |
| Stocks and contracts in progress | 3 | €23,750 | €14,000 | -€9,750 | -41.1% |
| Stocks | 30/36 | €23,750 | €14,000 | -€9,750 | -41.1% |
| Amounts receivable within one year | 40/41 | €140,161 | €129,640 | -€10,521 | -7.5% |
| Trade receivables | 40 | €139,024 | €127,008 | -€12,016 | -8.6% |
| Other amounts receivable | 41 | €1,138 | €2,633 | +€1,495 | +131.4% |
| Cash at bank and in hand | 54/58 | €10,527 | €6,176 | -€4,351 | -41.3% |
| Deferred charges and accrued income | 490/1 | €676 | €708 | +€32 | +4.7% |
| Total equity and liabilities | 10/49 | €184,317 | €158,727 | -€25,590 | -13.9% |
| Equity | 10/15 | €137,288 | €121,573 | -€15,715 | -11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,088 | €131,088 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €129,228 | €129,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,715 | -€15,715 | |
| Amounts payable | 17/49 | €47,029 | €37,155 | -€9,875 | -21.0% |
| Amounts payable after more than one year | 17 | €25,380 | €25,380 | = | 0.0% |
| Financial debts | 170/4 | €25,380 | €25,380 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,650 | €11,775 | -€9,875 | -45.6% |
| Trade debts | 44 | €190 | €3,716 | +€3,525 | +1854.3% |
| Suppliers | 440/4 | €190 | €3,716 | +€3,525 | +1854.3% |
| Taxes, remuneration and social security | 45 | €21,459 | €8,059 | -€13,400 | -62.4% |
| Taxes | 450/3 | €12,059 | €6,059 | -€6,000 | -49.8% |
| Remuneration and social security | 454/9 | €9,400 | €2,000 | -€7,400 | -78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €1,000 | +€202 | +25.3% |
| Other operating charges | 640/8 | €149 | €881 | +€732 | +492.1% |
| Non-recurring operating charges | 66A | €272 | - | -€272 | |
| Gross operating margin | 9900 | €47,054 | -€13,672 | -€60,726 | |
| Operating profit (loss) | 9901 | €45,836 | -€15,553 | -€61,389 | |
| Financial charges | 65/66B | €120 | €162 | +€42 | +35.2% |
| Recurring financial charges | 65 | €120 | €162 | +€42 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €45,716 | -€15,715 | -€61,431 | |
| Income taxes | 67/77 | €12,059 | - | -€12,059 | |
| Profit (loss) for the period | 9904 | €33,656 | -€15,715 | -€49,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,656 | -€15,715 | -€49,372 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.