JALMA CARMEN: 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.
JALMA CARMEN
Largest movements
- Cash +€72,169
up €72,169 (+68.0%), from €106,114 to €178,283
mainly Net result for the year (+€76,473) and Receivables within one year (+€19,722)
- Receivables within one year -€19,722
down €19,722 (-15.9%), from €124,004 to €104,282
of which Trade receivables: -€55,097
- Tangible fixed assets +€12,350
up €12,350 (+74.8%), from €16,502 to €28,852
of which Assets under construction and advance payments: +€19,745
- Reserves +€60,000
up €60,000 (+36.0%), from €166,860 to €226,860
of which Distributable reserves: +€60,000
- Profit (loss) carried forward +€16,473
up €16,473 (+40.9%), from €40,270 to €56,742
- Current portion of long-term debt -€7,213
down €7,213 (-83.0%), from €8,689 to €1,476
- Gross operating margin -€24,323
down €24,323 (-16.9%), from €144,231 to €119,908
- Taxes -€6,958
down €6,958 (-18.8%), from €37,107 to €30,149
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 | €246,645 | €311,442 | +€64,797 | +26.3% |
| Fixed assets | 21/28 | €16,527 | €28,877 | +€12,350 | +74.7% |
| Tangible fixed assets | 22/27 | €16,502 | €28,852 | +€12,350 | +74.8% |
| Furniture and vehicles | 24 | €16,502 | €9,108 | -€7,395 | -44.8% |
| Assets under construction and advance payments | 27 | - | €19,745 | +€19,745 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €230,118 | €282,565 | +€52,447 | +22.8% |
| Amounts receivable within one year | 40/41 | €124,004 | €104,282 | -€19,722 | -15.9% |
| Trade receivables | 40 | €55,097 | - | -€55,097 | |
| Other amounts receivable | 41 | €68,907 | €104,282 | +€35,375 | +51.3% |
| Cash at bank and in hand | 54/58 | €106,114 | €178,283 | +€72,169 | +68.0% |
| Total equity and liabilities | 10/49 | €246,645 | €311,442 | +€64,797 | +26.3% |
| Equity | 10/15 | €219,530 | €296,002 | +€76,473 | +34.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €166,860 | €226,860 | +€60,000 | +36.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €165,000 | €225,000 | +€60,000 | +36.4% |
| Profit (loss) carried forward | 14 | €40,270 | €56,742 | +€16,473 | +40.9% |
| Amounts payable | 17/49 | €27,115 | €15,439 | -€11,676 | -43.1% |
| Amounts payable after more than one year | 17 | €1,476 | - | -€1,476 | |
| Financial debts | 170/4 | €1,476 | - | -€1,476 | |
| Amounts payable within one year | 42/48 | €25,639 | €15,439 | -€10,200 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €8,689 | €1,476 | -€7,213 | -83.0% |
| Trade debts | 44 | €450 | €463 | +€13 | +2.9% |
| Suppliers | 440/4 | €450 | €463 | +€13 | +2.9% |
| Taxes, remuneration and social security | 45 | €16,500 | €13,500 | -€3,000 | -18.2% |
| Taxes | 450/3 | €16,500 | €13,500 | -€3,000 | -18.2% |
| Remuneration, social security and pensions | 62 | €2,895 | €3,130 | +€235 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,759 | €7,395 | +€636 | +9.4% |
| Other operating charges | 640/8 | €2,460 | €2,416 | -€44 | -1.8% |
| Gross operating margin | 9900 | €144,231 | €119,908 | -€24,323 | -16.9% |
| Operating profit (loss) | 9901 | €132,118 | €106,968 | -€25,150 | -19.0% |
| Financial charges | 65/66B | €638 | €346 | -€292 | -45.7% |
| Recurring financial charges | 65 | €638 | €346 | -€292 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €131,480 | €106,622 | -€24,858 | -18.9% |
| Income taxes | 67/77 | €37,107 | €30,149 | -€6,958 | -18.8% |
| Profit (loss) for the period | 9904 | €94,373 | €76,473 | -€17,900 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,373 | €76,473 | -€17,900 | -19.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.