JAMARKO: 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.
JAMARKO
Largest movements
- Tangible fixed assets -€28,732
down €28,732 (-42.3%), from €67,924 to €39,192
of which Land and buildings: -€18,487
- Receivables within one year +€6,303
up €6,303 (+28.5%), from €22,117 to €28,420
of which Trade receivables: +€9,759
- Reserves -€9,051
down €9,051 (-3.0%), from €301,267 to €292,216
of which Tax-exempt reserves: -€8,225
- Tax, wage and social debts -€6,580
down €6,580 (-69.3%), from €9,496 to €2,916
- Depreciation +€3,257
up €3,257 (+11.7%), from €27,899 to €31,157
- Gross operating margin +€3,146
up €3,146 (+15.1%), from €20,864 to €24,010
- Taxes +€1,184
up €1,184 (+729.5%), from €162 to €1,346
- Financial charges +€760
up €760 (+116.6%), from €652 to €1,412
- Other operating charges -€649
down €649 (-14.6%), from €4,432 to €3,783
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 | €396,040 | €377,287 | -€18,753 | -4.7% |
| Fixed assets | 21/28 | €68,066 | €39,333 | -€28,732 | -42.2% |
| Tangible fixed assets | 22/27 | €67,924 | €39,192 | -€28,732 | -42.3% |
| Land and buildings | 22 | €57,464 | €38,977 | -€18,487 | -32.2% |
| Plant, machinery and equipment | 23 | €501 | €215 | -€286 | -57.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €9,959 | €0 | -€9,959 | -100.0% |
| Financial fixed assets | 28 | €142 | €142 | = | 0.0% |
| Current assets | 29/58 | €327,974 | €337,954 | +€9,979 | +3.0% |
| Amounts receivable within one year | 40/41 | €22,117 | €28,420 | +€6,303 | +28.5% |
| Trade receivables | 40 | €3,482 | €13,241 | +€9,759 | +280.3% |
| Other amounts receivable | 41 | €18,636 | €15,179 | -€3,457 | -18.5% |
| Current investments | 50/53 | €87,255 | €87,255 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,483 | €217,272 | -€211 | -0.1% |
| Deferred charges and accrued income | 490/1 | €1,119 | €5,007 | +€3,887 | +347.3% |
| Total equity and liabilities | 10/49 | €396,040 | €377,287 | -€18,753 | -4.7% |
| Equity | 10/15 | €375,767 | €366,716 | -€9,051 | -2.4% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €301,267 | €292,216 | -€9,051 | -3.0% |
| Tax-exempt reserves | 132 | €12,900 | €4,675 | -€8,225 | -63.8% |
| Distributable reserves | 133 | €288,367 | €287,541 | -€826 | -0.3% |
| Provisions and deferred taxes | 16 | €4,085 | €1,343 | -€2,742 | -67.1% |
| Deferred taxes | 168 | €4,085 | €1,343 | -€2,742 | -67.1% |
| Amounts payable | 17/49 | €16,188 | €9,228 | -€6,960 | -43.0% |
| Amounts payable within one year | 42/48 | €15,671 | €8,779 | -€6,892 | -44.0% |
| Trade debts | 44 | €202 | €1,565 | +€1,363 | +675.1% |
| Suppliers | 440/4 | €202 | €1,565 | +€1,363 | +675.1% |
| Taxes, remuneration and social security | 45 | €9,496 | €2,916 | -€6,580 | -69.3% |
| Taxes | 450/3 | €9,496 | €2,916 | -€6,580 | -69.3% |
| Other amounts payable | 47/48 | €5,973 | €4,298 | -€1,675 | -28.0% |
| Accrued charges and deferred income | 492/3 | €517 | €449 | -€68 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,899 | €31,157 | +€3,257 | +11.7% |
| Other operating charges | 640/8 | €4,432 | €3,783 | -€649 | -14.6% |
| Gross operating margin | 9900 | €20,864 | €24,010 | +€3,146 | +15.1% |
| Operating profit (loss) | 9901 | -€11,468 | -€10,930 | +€538 | +4.7% |
| Financial income | 75/76B | €1,266 | €1,895 | +€629 | +49.6% |
| Recurring financial income | 75 | €1,266 | €1,895 | +€629 | +49.6% |
| Financial charges | 65/66B | €652 | €1,412 | +€760 | +116.6% |
| Recurring financial charges | 65 | €652 | €1,412 | +€760 | +116.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,853 | -€10,447 | +€406 | +3.7% |
| Transfer from deferred taxes | 780 | €2,742 | €2,742 | = | 0.0% |
| Income taxes | 67/77 | €162 | €1,346 | +€1,184 | +729.5% |
| Profit (loss) for the period | 9904 | -€8,274 | -€9,051 | -€777 | -9.4% |
| Transfer from tax-exempt reserves | 789 | €8,225 | €8,225 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€49 | -€826 | -€777 | -1596.0% |
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 8 October 2026 via checked.be.