Jam.law: 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.
Jam.law
Largest movements
- Cash -€80,242
down €80,242 (-58.8%), from €136,580 to €56,337
mainly Contributions, distributions and other (-€140,000) and Receivables within one year (-€59,175)
- Receivables within one year +€59,175
up €59,175 (+62.1%), from €95,287 to €154,462
of which Trade receivables: +€58,872
- Tangible fixed assets +€8,396
up €8,396 (+23.1%), from €36,390 to €44,786
of which Other tangible fixed assets: +€20,410
- Profit (loss) carried forward +€14,985
up €14,985 (+110.4%), from €13,574 to €28,559
- Debts after one year -€14,524
down €14,524 (-92.1%), from €15,763 to €1,239
- Other debts -€9,538
down €9,538 (-7.4%), from €128,538 to €119,000
- Tax, wage and social debts -€8,166
down €8,166 (-16.8%), from €48,650 to €40,484
of which Taxes: -€8,166
- Gross operating margin +€23,156
up €23,156 (+11.7%), from €197,750 to €220,907
- Taxes +€6,731
up €6,731 (+15.7%), from €42,878 to €49,608
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 | €275,507 | €262,662 | -€12,845 | -4.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €42,590 | €50,986 | +€8,396 | +19.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €36,390 | €44,786 | +€8,396 | +23.1% |
| Furniture and vehicles | 24 | €36,390 | €24,376 | -€12,014 | -33.0% |
| Other tangible fixed assets | 26 | - | €20,410 | +€20,410 | |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €232,917 | €211,676 | -€21,241 | -9.1% |
| Amounts receivable within one year | 40/41 | €95,287 | €154,462 | +€59,175 | +62.1% |
| Trade receivables | 40 | €95,287 | €154,159 | +€58,872 | +61.8% |
| Other amounts receivable | 41 | €0 | €303 | +€303 | |
| Cash at bank and in hand | 54/58 | €136,580 | €56,337 | -€80,242 | -58.8% |
| Deferred charges and accrued income | 490/1 | €1,050 | €877 | -€173 | -16.5% |
| Total equity and liabilities | 10/49 | €275,507 | €262,662 | -€12,845 | -4.7% |
| Equity | 10/15 | €34,034 | €49,019 | +€14,985 | +44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €13,574 | €28,559 | +€14,985 | +110.4% |
| Amounts payable | 17/49 | €241,473 | €213,643 | -€27,830 | -11.5% |
| Amounts payable after more than one year | 17 | €15,763 | €1,239 | -€14,524 | -92.1% |
| Financial debts | 170/4 | €15,763 | €1,239 | -€14,524 | -92.1% |
| Amounts payable within one year | 42/48 | €225,710 | €212,404 | -€13,306 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €42,668 | €44,582 | +€1,914 | +4.5% |
| Trade debts | 44 | €5,854 | €8,338 | +€2,484 | +42.4% |
| Suppliers | 440/4 | €5,854 | €8,338 | +€2,484 | +42.4% |
| Taxes, remuneration and social security | 45 | €48,650 | €40,484 | -€8,166 | -16.8% |
| Taxes | 450/3 | €48,650 | €40,484 | -€8,166 | -16.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €128,538 | €119,000 | -€9,538 | -7.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,486 | €13,288 | +€802 | +6.4% |
| Other operating charges | 640/8 | €1,800 | €923 | -€877 | -48.7% |
| Gross operating margin | 9900 | €197,750 | €220,907 | +€23,156 | +11.7% |
| Operating profit (loss) | 9901 | €183,465 | €206,696 | +€23,231 | +12.7% |
| Financial income | 75/76B | €117 | €0 | -€117 | -99.7% |
| Recurring financial income | 75 | €117 | €0 | -€117 | -99.7% |
| Financial charges | 65/66B | €2,464 | €2,103 | -€361 | -14.6% |
| Recurring financial charges | 65 | €2,464 | €2,103 | -€361 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €181,118 | €204,593 | +€23,475 | +13.0% |
| Income taxes | 67/77 | €42,878 | €49,608 | +€6,731 | +15.7% |
| Profit (loss) for the period | 9904 | €138,241 | €154,985 | +€16,745 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €138,241 | €154,985 | +€16,745 | +12.1% |
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 12 October 2026 via checked.be.