JACRIMAR: 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.
JACRIMAR
Largest movements
- Tangible fixed assets -€118,339
down €118,339 (-4.5%), from €2.6m to €2.5m
- Cash -€75,643
down €75,643 (-14.8%), from €512,081 to €436,439
mainly Debts after one year (-€145,361) and Contributions, distributions and other (-€50,426)
- Debts after one year -€145,361
down €145,361 (-5.4%), from €2.7m to €2.6m
of which Financial debts: -€145,361
- Other debts -€38,678
down €38,678 (-24.8%), from €155,802 to €117,124
- Other operating charges +€48,283
up €48,283 (+2549.6%), from €1,894 to €50,177
- Taxes -€12,665
down €12,665 (-43.0%), from €29,474 to €16,809
- Gross operating margin -€4,218
down €4,218 (-1.4%), from €292,495 to €288,277
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 | €3,179,994 | €2,986,786 | -€193,208 | -6.1% |
| Fixed assets | 21/28 | €2,639,230 | €2,520,890 | -€118,339 | -4.5% |
| Tangible fixed assets | 22/27 | €2,639,230 | €2,520,890 | -€118,339 | -4.5% |
| Land and buildings | 22 | €2,639,230 | €2,520,890 | -€118,339 | -4.5% |
| Current assets | 29/58 | €540,764 | €465,896 | -€74,868 | -13.8% |
| Amounts receivable within one year | 40/41 | €28,683 | €29,457 | +€774 | +2.7% |
| Trade receivables | 40 | €28,157 | €25,740 | -€2,417 | -8.6% |
| Other amounts receivable | 41 | €526 | €3,718 | +€3,191 | +606.5% |
| Cash at bank and in hand | 54/58 | €512,081 | €436,439 | -€75,643 | -14.8% |
| Total equity and liabilities | 10/49 | €3,179,994 | €2,986,786 | -€193,208 | -6.1% |
| Equity | 10/15 | €155,306 | €155,306 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €93,806 | €93,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,097 | €33,097 | = | 0.0% |
| Legal reserve | 130 | €33,097 | €33,097 | = | 0.0% |
| Distributable reserves | 133 | €60,709 | €60,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,024,688 | €2,831,480 | -€193,208 | -6.4% |
| Amounts payable after more than one year | 17 | €2,713,285 | €2,567,924 | -€145,361 | -5.4% |
| Financial debts | 170/4 | €2,708,445 | €2,563,084 | -€145,361 | -5.4% |
| Other amounts payable | 178/9 | €4,840 | €4,840 | = | 0.0% |
| Amounts payable within one year | 42/48 | €311,403 | €263,556 | -€47,847 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €143,148 | €145,361 | +€2,213 | +1.5% |
| Trade debts | 44 | €8,628 | €1,072 | -€7,556 | -87.6% |
| Suppliers | 440/4 | €8,628 | €1,072 | -€7,556 | -87.6% |
| Taxes, remuneration and social security | 45 | €3,826 | €0 | -€3,826 | -100.0% |
| Taxes | 450/3 | €3,826 | €0 | -€3,826 | -100.0% |
| Other amounts payable | 47/48 | €155,802 | €117,124 | -€38,678 | -24.8% |
| Non-recurring operating income | 76A | €12,525 | €0 | -€12,525 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,925 | €127,353 | +€429 | +0.3% |
| Other operating charges | 640/8 | €1,894 | €50,177 | +€48,283 | +2549.6% |
| Gross operating margin | 9900 | €292,495 | €288,277 | -€4,218 | -1.4% |
| Operating profit (loss) | 9901 | €163,676 | €110,746 | -€52,930 | -32.3% |
| Financial charges | 65/66B | €45,781 | €43,512 | -€2,269 | -5.0% |
| Recurring financial charges | 65 | €45,781 | €43,512 | -€2,269 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €117,895 | €67,234 | -€50,661 | -43.0% |
| Income taxes | 67/77 | €29,474 | €16,809 | -€12,665 | -43.0% |
| Profit (loss) for the period | 9904 | €88,421 | €50,426 | -€37,996 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,421 | €50,426 | -€37,996 | -43.0% |
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 3 October 2026 via checked.be.