JAMA - POOL: 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.
JAMA - POOL
Largest movements
- Stocks and contracts -€6,350
down €6,350 (-70.3%), from €9,030 to €2,680
- Receivables within one year -€2,988
down €2,988 (-45.6%), from €6,549 to €3,562
of which Trade receivables: -€1,623
- Cash +€2,645
up €2,645 (+66.7%), from €3,968 to €6,613
mainly Stocks and contracts (+€6,350) and Net result for the year (+€3,149)
- Deferred charges and accrued income -€730
down €730 (-67.9%), from €1,075 to €345
- Tangible fixed assets -€465
down €465 (-60.9%), from €763 to €298
- Debts after one year -€10,000
down €10,000 (-7.1%), from €140,000 to €130,000
- Profit (loss) carried forward +€5,267
up €5,267 (+3.6%), from -€144,657 to -€139,390
- Other debts -€2,144
down €2,144 (-84.5%), from €2,536 to €392
- Reserves -€2,118
no longer reported in 2025 (was €2,118)
- Trade debts +€772
up €772 (+60.4%), from €1,278 to €2,050
- Gross operating margin +€4,653
up €4,653, from -€253 to €4,400
- Depreciation -€238
down €238 (-33.9%), from €703 to €465
- Other operating charges +€128
up €128 (+21.7%), from €587 to €715
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 | €21,384 | €13,497 | -€7,887 | -36.9% |
| Fixed assets | 21/28 | €763 | €298 | -€465 | -60.9% |
| Tangible fixed assets | 22/27 | €763 | €298 | -€465 | -60.9% |
| Plant, machinery and equipment | 23 | €763 | €298 | -€465 | -60.9% |
| Current assets | 29/58 | €20,622 | €13,199 | -€7,422 | -36.0% |
| Stocks and contracts in progress | 3 | €9,030 | €2,680 | -€6,350 | -70.3% |
| Stocks | 30/36 | €9,030 | €2,680 | -€6,350 | -70.3% |
| Amounts receivable within one year | 40/41 | €6,549 | €3,562 | -€2,988 | -45.6% |
| Trade receivables | 40 | €5,065 | €3,442 | -€1,623 | -32.0% |
| Other amounts receivable | 41 | €1,485 | €120 | -€1,365 | -91.9% |
| Cash at bank and in hand | 54/58 | €3,968 | €6,613 | +€2,645 | +66.7% |
| Deferred charges and accrued income | 490/1 | €1,075 | €345 | -€730 | -67.9% |
| Total equity and liabilities | 10/49 | €21,384 | €13,497 | -€7,887 | -36.9% |
| Equity | 10/15 | -€122,539 | -€119,390 | +€3,149 | +2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,118 | - | -€2,118 | |
| Distributable reserves | 133 | €2,118 | - | -€2,118 | |
| Profit (loss) carried forward | 14 | -€144,657 | -€139,390 | +€5,267 | +3.6% |
| Amounts payable | 17/49 | €143,923 | €132,888 | -€11,036 | -7.7% |
| Amounts payable after more than one year | 17 | €140,000 | €130,000 | -€10,000 | -7.1% |
| Financial debts | 170/4 | €140,000 | €130,000 | -€10,000 | -7.1% |
| Amounts payable within one year | 42/48 | €3,813 | €2,888 | -€926 | -24.3% |
| Trade debts | 44 | €1,278 | €2,050 | +€772 | +60.4% |
| Suppliers | 440/4 | €1,278 | €2,050 | +€772 | +60.4% |
| Taxes, remuneration and social security | 45 | - | €446 | +€446 | |
| Taxes | 450/3 | - | €446 | +€446 | |
| Other amounts payable | 47/48 | €2,536 | €392 | -€2,144 | -84.5% |
| Accrued charges and deferred income | 492/3 | €110 | - | -€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €465 | -€238 | -33.9% |
| Other operating charges | 640/8 | €587 | €715 | +€128 | +21.7% |
| Gross operating margin | 9900 | -€253 | €4,400 | +€4,653 | |
| Operating profit (loss) | 9901 | -€1,543 | €3,221 | +€4,764 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €85 | €72 | -€13 | -15.4% |
| Recurring financial charges | 65 | €85 | €72 | -€13 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,629 | €3,149 | +€4,777 | |
| Profit (loss) for the period | 9904 | -€1,629 | €3,149 | +€4,777 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,629 | €3,149 | +€4,777 |
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.