J.A.M.S.: 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.
J.A.M.S.
Largest movements
- Tangible fixed assets -€6,433
down €6,433 (-30.9%), from €20,824 to €14,391
- Stocks and contracts +€2,155
up €2,155 (+56.3%), from €3,830 to €5,985
- Profit (loss) carried forward -€13,312
down €13,312 (-120%), from -€11,092 to -€24,405
- Other debts +€7,005
new in 2025: €7,005
- Trade debts +€5,935
up €5,935 (+1,939%), from €306 to €6,241
- Debts after one year -€3,077
down €3,077 (-17.0%), from €18,113 to €15,035
- Accrued charges and deferred income -€914
no longer reported in 2025 (was €914)
- Purchases and services -€28,709
no longer reported in 2025 (was €28,709)
- Turnover -€19,674
no longer reported in 2025 (was €19,674)
- Depreciation +€2,231
up €2,231 (+147%), from €1,518 to €3,749
- Gross operating margin +€1,490
up €1,490 (+16.5%), from -€9,035 to -€7,544
- Financial charges +€839
up €839 (+194%), from €433 to €1,272
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 | €25,784 | €21,351 | -€4,433 | -17.2% |
| Fixed assets | 21/28 | €21,324 | €14,891 | -€6,433 | -30.2% |
| Tangible fixed assets | 22/27 | €20,824 | €14,391 | -€6,433 | -30.9% |
| Furniture and vehicles | 24 | €20,824 | €14,391 | -€6,433 | -30.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €4,460 | €6,460 | +€2,000 | +44.8% |
| Stocks and contracts in progress | 3 | €3,830 | €5,985 | +€2,155 | +56.3% |
| Stocks | 30/36 | €3,830 | €5,985 | +€2,155 | +56.3% |
| Amounts receivable within one year | 40/41 | €469 | €422 | -€47 | -10.1% |
| Trade receivables | 40 | €469 | €422 | -€47 | -10.1% |
| Cash at bank and in hand | 54/58 | €161 | €53 | -€108 | -67.1% |
| Total equity and liabilities | 10/49 | €25,784 | €21,351 | -€4,433 | -17.2% |
| Equity | 10/15 | €3,908 | -€9,405 | -€13,312 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | -€11,092 | -€24,405 | -€13,312 | -120% |
| Amounts payable | 17/49 | €21,876 | €30,756 | +€8,879 | +40.6% |
| Amounts payable after more than one year | 17 | €18,113 | €15,035 | -€3,077 | -17.0% |
| Financial debts | 170/4 | €18,113 | €15,035 | -€3,077 | -17.0% |
| Amounts payable within one year | 42/48 | €2,849 | €15,720 | +€12,871 | +452% |
| Current portion of amounts payable after more than one year | 42 | €1,976 | €2,141 | +€166 | +8.4% |
| Trade debts | 44 | €306 | €6,241 | +€5,935 | +1,939% |
| Suppliers | 440/4 | €306 | €6,241 | +€5,935 | +1,939% |
| Taxes, remuneration and social security | 45 | €568 | €333 | -€235 | -41.4% |
| Taxes | 450/3 | €568 | €333 | -€235 | -41.4% |
| Other amounts payable | 47/48 | - | €7,005 | +€7,005 | |
| Accrued charges and deferred income | 492/3 | €914 | - | -€914 | |
| Turnover | 70 | €19,674 | - | -€19,674 | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,709 | - | -€28,709 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | €3,749 | +€2,231 | +147% |
| Other operating charges | 640/8 | €106 | €809 | +€703 | +662% |
| Gross operating margin | 9900 | -€9,035 | -€7,544 | +€1,490 | +16.5% |
| Operating profit (loss) | 9901 | -€10,659 | -€12,103 | -€1,444 | -13.5% |
| Financial income | 75/76B | - | €62 | +€62 | |
| Recurring financial income | 75 | - | €62 | +€62 | |
| Financial charges | 65/66B | €433 | €1,272 | +€839 | +194% |
| Recurring financial charges | 65 | €433 | €1,272 | +€839 | +194% |
| Profit (loss) for the period before taxes | 9903 | -€11,092 | -€13,312 | -€2,220 | -20.0% |
| Profit (loss) for the period | 9904 | -€11,092 | -€13,312 | -€2,220 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,092 | -€13,312 | -€2,220 | -20.0% |
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 25 October 2026 via checked.be.