JaMaenco: 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.
JaMaenco
Largest movements
- Tangible fixed assets -€13,196
down €13,196 (-24.9%), from €53,061 to €39,866
- Deferred charges and accrued income +€5,350
up €5,350 (+225%), from €2,378 to €7,728
- Cash +€2,717
up €2,717 (+30.0%), from €9,063 to €11,781
mainly Depreciation (+€13,196) and Other debts (+€10,428)
- Contributions -€14,159
down €14,159 (-25.7%), from €55,000 to €40,841
- Other debts +€10,428
up €10,428 (+2,810%), from €371 to €10,799
- Debts after one year -€5,805
down €5,805 (-43.2%), from €13,429 to €7,624
- Reserves +€5,346
up €5,346 (+28.3%), from €18,859 to €24,205
- Tax, wage and social debts +€2,265
up €2,265 (+40.2%), from €5,637 to €7,902
- Gross operating margin +€7,202
up €7,202 (+39.3%), from €18,343 to €25,544
- Taxes +€2,876
up €2,876 (+436%), from €659 to €3,535
- Financial charges -€387
down €387 (-26.7%), from €1,452 to €1,064
- Other operating charges -€267
down €267 (-50.6%), from €527 to €261
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 | €113,958 | €109,589 | -€4,369 | -3.8% |
| Fixed assets | 21/28 | €53,061 | €39,866 | -€13,196 | -24.9% |
| Tangible fixed assets | 22/27 | €53,061 | €39,866 | -€13,196 | -24.9% |
| Land and buildings | 22 | €17,051 | €13,095 | -€3,956 | -23.2% |
| Plant, machinery and equipment | 23 | €14,129 | €11,930 | -€2,199 | -15.6% |
| Furniture and vehicles | 24 | €1,202 | €488 | -€714 | -59.4% |
| Leasing and similar rights | 25 | €20,680 | €14,353 | -€6,327 | -30.6% |
| Current assets | 29/58 | €60,897 | €69,723 | +€8,827 | +14.5% |
| Stocks and contracts in progress | 3 | €48,000 | €48,000 | = | 0.0% |
| Stocks | 30/36 | €48,000 | €48,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,455 | €2,215 | +€760 | +52.2% |
| Trade receivables | 40 | €847 | €1,852 | +€1,005 | +119% |
| Other amounts receivable | 41 | €608 | €363 | -€245 | -40.3% |
| Cash at bank and in hand | 54/58 | €9,063 | €11,781 | +€2,717 | +30.0% |
| Deferred charges and accrued income | 490/1 | €2,378 | €7,728 | +€5,350 | +225% |
| Total equity and liabilities | 10/49 | €113,958 | €109,589 | -€4,369 | -3.8% |
| Equity | 10/15 | €87,019 | €76,342 | -€10,677 | -12.3% |
| Contributions | 10/11 | €55,000 | €40,841 | -€14,159 | -25.7% |
| Reserves | 13 | €18,859 | €24,205 | +€5,346 | +28.3% |
| Distributable reserves | 133 | €18,859 | €24,205 | +€5,346 | +28.3% |
| Profit (loss) carried forward | 14 | €13,160 | €11,297 | -€1,864 | -14.2% |
| Amounts payable | 17/49 | €26,939 | €33,247 | +€6,308 | +23.4% |
| Amounts payable after more than one year | 17 | €13,429 | €7,624 | -€5,805 | -43.2% |
| Financial debts | 170/4 | €13,429 | €7,624 | -€5,805 | -43.2% |
| Amounts payable within one year | 42/48 | €13,510 | €25,622 | +€12,112 | +89.7% |
| Current portion of amounts payable after more than one year | 42 | €5,555 | €5,805 | +€250 | +4.5% |
| Trade debts | 44 | €1,947 | €1,117 | -€831 | -42.7% |
| Suppliers | 440/4 | €1,947 | €1,117 | -€831 | -42.7% |
| Taxes, remuneration and social security | 45 | €5,637 | €7,902 | +€2,265 | +40.2% |
| Taxes | 450/3 | €5,637 | €7,902 | +€2,265 | +40.2% |
| Other amounts payable | 47/48 | €371 | €10,799 | +€10,428 | +2,810% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,238 | €13,196 | -€42 | -0.3% |
| Other operating charges | 640/8 | €527 | €261 | -€267 | -50.6% |
| Gross operating margin | 9900 | €18,343 | €25,544 | +€7,202 | +39.3% |
| Operating profit (loss) | 9901 | €4,577 | €12,088 | +€7,511 | +164% |
| Financial income | 75/76B | €9 | €13 | +€4 | +46.4% |
| Recurring financial income | 75 | €9 | €13 | +€4 | +46.4% |
| Financial charges | 65/66B | €1,452 | €1,064 | -€387 | -26.7% |
| Recurring financial charges | 65 | €1,452 | €1,064 | -€387 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €3,134 | €11,036 | +€7,902 | +252% |
| Income taxes | 67/77 | €659 | €3,535 | +€2,876 | +436% |
| Profit (loss) for the period | 9904 | €2,475 | €7,501 | +€5,026 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €2,475 | €7,501 | +€5,026 | +203% |
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 26 October 2026 via checked.be.