JAMADEOS: 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.
JAMADEOS
Largest movements
- Receivables within one year -€75
down €75 (-37.6%), from €199 to €124
- Cash -€57
no longer reported in 2025 (was €57)
mainly Other debts (-€4,165) and Tax, wage and social debts (-€639)
- Other debts -€4,165
down €4,165 (-88.9%), from €4,683 to €518
- Current portion of long-term debt +€2,348
up €2,348 (+7.2%), from €32,584 to €34,931
- Profit (loss) carried forward +€1,897
up €1,897 (+4.3%), from -€44,235 to -€42,338
- Tax, wage and social debts -€639
down €639 (-30.8%), from €2,077 to €1,438
- Short-term financial debts +€462
up €462 (+91.2%), from €506 to €968
- Gross operating margin +€1,049
up €1,049 (+44.3%), from €2,366 to €3,416
- Taxes +€313
up €313 (+55.6%), from €563 to €875
- Financial income -€47
no longer reported in 2025 (was €47)
- Financial charges -€42
down €42 (-19.9%), from €210 to €168
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 | €3,756 | €3,624 | -€132 | -3.5% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,500 | €3,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €256 | €124 | -€132 | -51.4% |
| Amounts receivable within one year | 40/41 | €199 | €124 | -€75 | -37.6% |
| Other amounts receivable | 41 | €199 | €124 | -€75 | -37.6% |
| Cash at bank and in hand | 54/58 | €57 | - | -€57 | |
| Total equity and liabilities | 10/49 | €3,756 | €3,624 | -€132 | -3.5% |
| Equity | 10/15 | -€36,208 | -€34,311 | +€1,897 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,827 | €1,827 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,827 | €1,827 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,827 | €1,827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,235 | -€42,338 | +€1,897 | +4.3% |
| Amounts payable | 17/49 | €39,964 | €37,935 | -€2,029 | -5.1% |
| Amounts payable within one year | 42/48 | €39,964 | €37,935 | -€2,029 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €32,584 | €34,931 | +€2,348 | +7.2% |
| Financial debts | 43 | €506 | €968 | +€462 | +91.2% |
| Credit institutions | 430/8 | €506 | €968 | +€462 | +91.2% |
| Trade debts | 44 | €114 | €80 | -€34 | -29.8% |
| Suppliers | 440/4 | €114 | €80 | -€34 | -29.8% |
| Taxes, remuneration and social security | 45 | €2,077 | €1,438 | -€639 | -30.8% |
| Taxes | 450/3 | €2,077 | €1,438 | -€639 | -30.8% |
| Other amounts payable | 47/48 | €4,683 | €518 | -€4,165 | -88.9% |
| Non-recurring operating income | 76A | €786 | - | -€786 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €75 | +€75 | |
| Gross operating margin | 9900 | €2,366 | €3,416 | +€1,049 | +44.3% |
| Operating profit (loss) | 9901 | €1,979 | €2,941 | +€962 | +48.6% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €210 | €168 | -€42 | -19.9% |
| Recurring financial charges | 65 | €210 | €168 | -€42 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €1,816 | €2,773 | +€957 | +52.7% |
| Income taxes | 67/77 | €563 | €875 | +€313 | +55.6% |
| Profit (loss) for the period | 9904 | €1,253 | €1,897 | +€644 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,253 | €1,897 | +€644 | +51.4% |
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 4 October 2026 via checked.be.