JAMALI: 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.
JAMALI
Largest movements
- Receivables within one year +€88,109
up €88,109 (+752.2%), from €11,713 to €99,822
- Cash +€13,524
up €13,524 (+226.8%), from €5,964 to €19,488
mainly Tax, wage and social debts (+€47,739) and Current portion of long-term debt (+€43,269)
- Tangible fixed assets -€5,009
down €5,009 (-34.8%), from €14,403 to €9,393
of which Plant, machinery and equipment: -€2,952
- Deferred charges and accrued income -€2,646
down €2,646 (-71.9%), from €3,683 to €1,036
- Tax, wage and social debts +€47,739
up €47,739 (+174.6%), from €27,342 to €75,081
of which Taxes: +€41,352
- Current portion of long-term debt +€43,269
new in 2025: €43,269
- Profit (loss) carried forward +€41,931
up €41,931 (+16.4%), from -€255,714 to -€213,783
- Trade debts -€38,212
down €38,212 (-86.5%), from €44,183 to €5,971
- Gross operating margin +€86,982
up €86,982 (+120.9%), from €71,917 to €158,899
- Financial income +€44,624
up €44,624 (+41079.3%), from €109 to €44,733
- Taxes +€24,141
new in 2025: €24,141
- Staff costs +€22,223
up €22,223 (+22.0%), from €100,983 to €123,206
- Financial charges +€5,215
up €5,215 (+484.7%), from €1,076 to €6,291
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 | €51,811 | €146,538 | +€94,727 | +182.8% |
| Fixed assets | 21/28 | €23,453 | €18,443 | -€5,009 | -21.4% |
| Tangible fixed assets | 22/27 | €14,403 | €9,393 | -€5,009 | -34.8% |
| Land and buildings | 22 | €2,155 | €1,308 | -€847 | -39.3% |
| Plant, machinery and equipment | 23 | €11,038 | €8,085 | -€2,952 | -26.7% |
| Furniture and vehicles | 24 | €337 | €0 | -€337 | -100.0% |
| Leasing and similar rights | 25 | €873 | €0 | -€873 | -100.0% |
| Financial fixed assets | 28 | €9,050 | €9,050 | = | 0.0% |
| Current assets | 29/58 | €28,358 | €128,095 | +€99,737 | +351.7% |
| Stocks and contracts in progress | 3 | €6,999 | €7,749 | +€750 | +10.7% |
| Stocks | 30/36 | €6,999 | €7,749 | +€750 | +10.7% |
| Amounts receivable within one year | 40/41 | €11,713 | €99,822 | +€88,109 | +752.2% |
| Other amounts receivable | 41 | €11,713 | €99,822 | +€88,109 | +752.2% |
| Cash at bank and in hand | 54/58 | €5,964 | €19,488 | +€13,524 | +226.8% |
| Deferred charges and accrued income | 490/1 | €3,683 | €1,036 | -€2,646 | -71.9% |
| Total equity and liabilities | 10/49 | €51,811 | €146,538 | +€94,727 | +182.8% |
| Equity | 10/15 | -€19,714 | €22,217 | +€41,931 | |
| Contributions | 10/11 | €236,000 | €236,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,714 | -€213,783 | +€41,931 | +16.4% |
| Amounts payable | 17/49 | €71,525 | €124,321 | +€52,796 | +73.8% |
| Amounts payable within one year | 42/48 | €71,525 | €124,321 | +€52,796 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | - | €43,269 | +€43,269 | |
| Trade debts | 44 | €44,183 | €5,971 | -€38,212 | -86.5% |
| Suppliers | 440/4 | €44,183 | €5,971 | -€38,212 | -86.5% |
| Taxes, remuneration and social security | 45 | €27,342 | €75,081 | +€47,739 | +174.6% |
| Taxes | 450/3 | €9,672 | €51,024 | +€41,352 | +427.5% |
| Remuneration and social security | 454/9 | €17,670 | €24,056 | +€6,387 | +36.1% |
| Non-recurring operating income | 76A | - | €60,000 | +€60,000 | |
| Remuneration, social security and pensions | 62 | €100,983 | €123,206 | +€22,223 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,572 | €6,249 | -€323 | -4.9% |
| Other operating charges | 640/8 | €6,017 | €1,812 | -€4,205 | -69.9% |
| Gross operating margin | 9900 | €71,917 | €158,899 | +€86,982 | +120.9% |
| Operating profit (loss) | 9901 | -€41,655 | €27,631 | +€69,286 | |
| Financial income | 75/76B | €109 | €44,733 | +€44,624 | +41079.3% |
| Recurring financial income | 75 | €109 | €44,733 | +€44,624 | +41079.3% |
| Financial charges | 65/66B | €1,076 | €6,291 | +€5,215 | +484.7% |
| Recurring financial charges | 65 | €1,076 | €6,291 | +€5,215 | +484.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,622 | €66,073 | +€108,695 | |
| Income taxes | 67/77 | - | €24,141 | +€24,141 | |
| Profit (loss) for the period | 9904 | -€42,622 | €41,931 | +€84,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,622 | €41,931 | +€84,554 |
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 10 October 2026 via checked.be.