JABEMA: 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.
JABEMA
Largest movements
- Current investments +€60,598
up €60,598 (+17.9%), from €338,557 to €399,156
- Cash -€57,785
down €57,785 (-73.7%), from €78,358 to €20,573
mainly Current investments (-€60,598) and Other debts (-€50,689)
- Tangible fixed assets -€7,209
down €7,209 (-2.8%), from €257,182 to €249,972
of which Land and buildings: -€5,450
- Other debts -€50,689
down €50,689 (-45.8%), from €110,661 to €59,972
- Reserves +€43,754
up €43,754 (+8.8%), from €495,987 to €539,740
of which Distributable reserves: +€43,754
- Gross operating margin +€17,482
up €17,482 (+23.5%), from €74,320 to €91,802
- Taxes +€4,855
up €4,855 (+30.5%), from €15,919 to €20,773
- Financial charges +€4,189
up €4,189 (+147%), from €2,849 to €7,038
- Financial income +€1,191
up €1,191 (+106%), from €1,125 to €2,316
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 | €682,944 | €679,988 | -€2,956 | -0.4% |
| Fixed assets | 21/28 | €257,182 | €249,972 | -€7,209 | -2.8% |
| Tangible fixed assets | 22/27 | €257,182 | €249,972 | -€7,209 | -2.8% |
| Land and buildings | 22 | €251,818 | €246,368 | -€5,450 | -2.2% |
| Furniture and vehicles | 24 | €5,364 | €3,604 | -€1,759 | -32.8% |
| Current assets | 29/58 | €425,762 | €430,016 | +€4,253 | +1.0% |
| Amounts receivable within one year | 40/41 | €4,086 | €4,396 | +€311 | +7.6% |
| Other amounts receivable | 41 | €4,086 | €4,396 | +€311 | +7.6% |
| Current investments | 50/53 | €338,557 | €399,156 | +€60,598 | +17.9% |
| Cash at bank and in hand | 54/58 | €78,358 | €20,573 | -€57,785 | -73.7% |
| Deferred charges and accrued income | 490/1 | €4,761 | €5,891 | +€1,129 | +23.7% |
| Total equity and liabilities | 10/49 | €682,944 | €679,988 | -€2,956 | -0.4% |
| Equity | 10/15 | €565,987 | €609,740 | +€43,754 | +7.7% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €495,987 | €539,740 | +€43,754 | +8.8% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €460,987 | €504,740 | +€43,754 | +9.5% |
| Amounts payable | 17/49 | €116,957 | €70,248 | -€46,709 | -39.9% |
| Amounts payable within one year | 42/48 | €114,201 | €64,348 | -€49,853 | -43.7% |
| Taxes, remuneration and social security | 45 | €3,540 | €4,375 | +€836 | +23.6% |
| Taxes | 450/3 | €3,540 | €4,375 | +€836 | +23.6% |
| Other amounts payable | 47/48 | €110,661 | €59,972 | -€50,689 | -45.8% |
| Accrued charges and deferred income | 492/3 | €2,756 | €5,900 | +€3,144 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,021 | €9,107 | +€86 | +1.0% |
| Other operating charges | 640/8 | €13,711 | €13,447 | -€265 | -1.9% |
| Gross operating margin | 9900 | €74,320 | €91,802 | +€17,482 | +23.5% |
| Operating profit (loss) | 9901 | €51,589 | €69,249 | +€17,661 | +34.2% |
| Financial income | 75/76B | €1,125 | €2,316 | +€1,191 | +106% |
| Recurring financial income | 75 | €1,125 | €2,316 | +€1,191 | +106% |
| Financial charges | 65/66B | €2,849 | €7,038 | +€4,189 | +147% |
| Recurring financial charges | 65 | €2,849 | €7,038 | +€4,189 | +147% |
| Profit (loss) for the period before taxes | 9903 | €49,865 | €64,527 | +€14,662 | +29.4% |
| Income taxes | 67/77 | €15,919 | €20,773 | +€4,855 | +30.5% |
| Profit (loss) for the period | 9904 | €33,946 | €43,754 | +€9,807 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,946 | €43,754 | +€9,807 | +28.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.