Jamar Concept: 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.
What changed
Jamar Concept
NACE 47.559, Retail sale of other household articles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€57,285
2024 · -€15,001+€72,286
Equity
€29,930
2024 · -€27,354+€57,285
Cash
€3,870
2024 · €3,643+€227
Balance sheet total
€1.3m
2024 · €1.0m+€311,342
Largest movements
Assets
- Tangible fixed assets +€339,939
up €339,939 (+34.9%), from €973,857 to €1.3m
of which Assets under construction and advance payments: +€342,415
- Receivables within one year -€27,153
down €27,153 (-67.0%), from €40,512 to €13,358
of which Trade receivables: -€14,972
Equity and liabilities
- Debts after one year +€143,808
up €143,808 (+62.2%), from €231,030 to €374,839
- Short-term financial debts +€115,133
up €115,133 (+17.0%), from €677,116 to €792,249
- Profit (loss) carried forward +€57,285
up €57,285 (+20.0%), from -€286,512 to -€229,227
- Trade debts -€18,381
down €18,381 (-49.7%), from €37,018 to €18,637
Income statement
- Gross operating margin +€65,573
up €65,573 (+1,264%), from €5,189 to €70,762
- Depreciation +€1,707
up €1,707 (+222%), from €769 to €2,476
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.
Result 2024
-€15,001
Gross operating margin
+€65,573
Depreciation
-€1,707
Other operating charges
-€306
Other operating items
+€8,900
Financial income
+€305
Financial charges
-€480
Result 2025
€57,285
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€83,701
Investment
-€342,415
Financing
+€258,941
Cash 2024
€3,643
From operations (derived)
+€83,701
Net result for the year
+€57,285
Depreciation
+€2,476
Receivables within one year
+€27,153
Deferred charges and accrued income
+€1,671
Trade debts
-€18,381
Tax, wage and social debts
+€12,295
Other debts
+€1,200
Accrued charges and deferred income
+€3
Investment (derived)
-€342,415
Investment in fixed assets (net)
-€342,415
Financing
+€258,941
Debts after one year
+€143,808
Short-term financial debts
+€115,133
Cash 2025
€3,870
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,029,887 | €1,341,229 | +€311,342 | +30.2% |
| Fixed assets | 21/28 | €979,889 | €1,319,828 | +€339,939 | +34.7% |
| Tangible fixed assets | 22/27 | €973,857 | €1,313,796 | +€339,939 | +34.9% |
| Land and buildings | 22 | €323,333 | €321,667 | -€1,667 | -0.5% |
| Plant, machinery and equipment | 23 | €87 | - | -€87 | |
| Furniture and vehicles | 24 | €3,034 | €2,311 | -€723 | -23.8% |
| Assets under construction and advance payments | 27 | €647,403 | €989,819 | +€342,415 | +52.9% |
| Financial fixed assets | 28 | €6,032 | €6,032 | = | 0.0% |
| Current assets | 29/58 | €49,997 | €21,401 | -€28,597 | -57.2% |
| Amounts receivable within one year | 40/41 | €40,512 | €13,358 | -€27,153 | -67.0% |
| Trade receivables | 40 | €28,095 | €13,122 | -€14,972 | -53.3% |
| Other amounts receivable | 41 | €12,417 | €236 | -€12,181 | -98.1% |
| Cash at bank and in hand | 54/58 | €3,643 | €3,870 | +€227 | +6.2% |
| Deferred charges and accrued income | 490/1 | €5,842 | €4,172 | -€1,671 | -28.6% |
| Total equity and liabilities | 10/49 | €1,029,887 | €1,341,229 | +€311,342 | +30.2% |
| Equity | 10/15 | -€27,354 | €29,930 | +€57,285 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €229,157 | €229,157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,516 | €1,516 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,516 | €1,516 | = | 0.0% |
| Tax-exempt reserves | 132 | €227,641 | €227,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€286,512 | -€229,227 | +€57,285 | +20.0% |
| Provisions and deferred taxes | 16 | €56,910 | €56,910 | = | 0.0% |
| Deferred taxes | 168 | €56,910 | €56,910 | = | 0.0% |
| Amounts payable | 17/49 | €1,000,331 | €1,254,388 | +€254,058 | +25.4% |
| Amounts payable after more than one year | 17 | €231,030 | €374,839 | +€143,808 | +62.2% |
| Other amounts payable | 178/9 | €231,030 | €374,839 | +€143,808 | +62.2% |
| Amounts payable within one year | 42/48 | €766,715 | €876,962 | +€110,247 | +14.4% |
| Financial debts | 43 | €677,116 | €792,249 | +€115,133 | +17.0% |
| Credit institutions | 430/8 | €677,116 | €792,249 | +€115,133 | +17.0% |
| Trade debts | 44 | €37,018 | €18,637 | -€18,381 | -49.7% |
| Suppliers | 440/4 | €37,018 | €18,637 | -€18,381 | -49.7% |
| Taxes, remuneration and social security | 45 | €23,181 | €35,476 | +€12,295 | +53.0% |
| Taxes | 450/3 | - | €5,959 | +€5,959 | |
| Remuneration and social security | 454/9 | €23,181 | €29,518 | +€6,336 | +27.3% |
| Other amounts payable | 47/48 | €29,400 | €30,600 | +€1,200 | +4.1% |
| Accrued charges and deferred income | 492/3 | €2,585 | €2,588 | +€3 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €2,476 | +€1,707 | +222% |
| Other operating charges | 640/8 | €5,391 | €5,697 | +€306 | +5.7% |
| Non-recurring operating charges | 66A | €8,900 | - | -€8,900 | |
| Gross operating margin | 9900 | €5,189 | €70,762 | +€65,573 | +1,264% |
| Operating profit (loss) | 9901 | -€9,872 | €62,589 | +€72,460 | |
| Financial income | 75/76B | €348 | €653 | +€305 | +87.8% |
| Recurring financial income | 75 | €348 | €653 | +€305 | +87.8% |
| Financial charges | 65/66B | €5,478 | €5,957 | +€480 | +8.8% |
| Recurring financial charges | 65 | €5,478 | €5,957 | +€480 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,001 | €57,285 | +€72,286 | |
| Profit (loss) for the period | 9904 | -€15,001 | €57,285 | +€72,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,001 | €57,285 | +€72,286 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.