Jamart International: 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.
Jamart International
Largest movements
- Tangible fixed assets +€516,633
up €516,633 (+153%), from €336,937 to €853,571
of which Land and buildings: +€522,683
- Cash -€145,639
down €145,639 (-99.8%), from €145,933 to €294
mainly Investment in fixed assets (net) (-€541,688) and Net result for the year (-€94,551)
- Receivables within one year -€136,747
no longer reported in 2025 (was €136,747)
of which Other amounts receivable: -€135,347
- Current investments -€57,082
no longer reported in 2025 (was €57,082)
- Deferred charges and accrued income +€19,414
up €19,414 (+288%), from €6,747 to €26,161
- Other debts +€342,097
up €342,097 (+28,508%), from €1,200 to €343,297
- Profit (loss) carried forward -€92,656
down €92,656 (-45.6%), from €203,182 to €110,526
- Tax, wage and social debts -€52,054
down €52,054 (-68.3%), from €76,196 to €24,142
- Gross operating margin -€161,361
down €161,361 (-99.0%), from €162,919 to €1,558
- Other operating charges +€60,197
up €60,197 (+859%), from €7,011 to €67,208
- Taxes -€59,646
down €59,646, from €55,743 to -€3,903
- Financial income -€14,451
down €14,451 (-95.6%), from €15,115 to €664
- Financial charges +€8,983
up €8,983 (+14,602%), from €62 to €9,045
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 | €683,496 | €880,075 | +€196,579 | +28.8% |
| Fixed assets | 21/28 | €336,987 | €853,620 | +€516,633 | +153% |
| Tangible fixed assets | 22/27 | €336,937 | €853,571 | +€516,633 | +153% |
| Land and buildings | 22 | €327,489 | €850,173 | +€522,683 | +160% |
| Furniture and vehicles | 24 | €9,448 | €3,398 | -€6,050 | -64.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €346,509 | €26,455 | -€320,054 | -92.4% |
| Amounts receivable within one year | 40/41 | €136,747 | - | -€136,747 | |
| Trade receivables | 40 | €1,400 | - | -€1,400 | |
| Other amounts receivable | 41 | €135,347 | - | -€135,347 | |
| Current investments | 50/53 | €57,082 | - | -€57,082 | |
| Cash at bank and in hand | 54/58 | €145,933 | €294 | -€145,639 | -99.8% |
| Deferred charges and accrued income | 490/1 | €6,747 | €26,161 | +€19,414 | +288% |
| Total equity and liabilities | 10/49 | €683,496 | €880,075 | +€196,579 | +28.8% |
| Equity | 10/15 | €557,242 | €462,691 | -€94,551 | -17.0% |
| Contributions | 10/11 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Contributions outside capital | 11 | - | €22,000 | +€22,000 | |
| Other | 1109/19 | - | €22,000 | +€22,000 | |
| Reserves | 13 | €334,060 | €330,165 | -€3,895 | -1.2% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Tax-exempt reserves | 132 | €125,096 | €123,201 | -€1,895 | -1.5% |
| Distributable reserves | 133 | €206,964 | €206,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,182 | €110,526 | -€92,656 | -45.6% |
| Provisions and deferred taxes | 16 | €41,699 | €41,067 | -€632 | -1.5% |
| Deferred taxes | 168 | €41,699 | €41,067 | -€632 | -1.5% |
| Amounts payable | 17/49 | €84,555 | €376,317 | +€291,761 | +345% |
| Amounts payable within one year | 42/48 | €83,483 | €375,078 | +€291,594 | +349% |
| Trade debts | 44 | €6,088 | €7,639 | +€1,551 | +25.5% |
| Suppliers | 440/4 | €6,088 | €7,639 | +€1,551 | +25.5% |
| Taxes, remuneration and social security | 45 | €76,196 | €24,142 | -€52,054 | -68.3% |
| Taxes | 450/3 | €76,196 | €24,142 | -€52,054 | -68.3% |
| Other amounts payable | 47/48 | €1,200 | €343,297 | +€342,097 | +28,508% |
| Accrued charges and deferred income | 492/3 | €1,072 | €1,239 | +€167 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,699 | €25,054 | +€7,355 | +41.6% |
| Other operating charges | 640/8 | €7,011 | €67,208 | +€60,197 | +859% |
| Gross operating margin | 9900 | €162,919 | €1,558 | -€161,361 | -99.0% |
| Operating profit (loss) | 9901 | €138,208 | -€90,705 | -€228,913 | |
| Financial income | 75/76B | €15,115 | €664 | -€14,451 | -95.6% |
| Recurring financial income | 75 | €15,115 | €664 | -€14,451 | -95.6% |
| Financial charges | 65/66B | €62 | €9,045 | +€8,983 | +14,602% |
| Recurring financial charges | 65 | €62 | €9,045 | +€8,983 | +14,602% |
| Profit (loss) for the period before taxes | 9903 | €153,262 | -€99,086 | -€252,348 | |
| Transfer from deferred taxes | 780 | €65,207 | €632 | -€64,576 | -99.0% |
| Transfer to deferred taxes | 680 | €41,699 | - | -€41,699 | |
| Income taxes | 67/77 | €55,743 | -€3,903 | -€59,646 | |
| Profit (loss) for the period | 9904 | €121,028 | -€94,551 | -€215,579 | |
| Transfer from tax-exempt reserves | 789 | €123,750 | €1,895 | -€121,855 | -98.5% |
| Transfer to tax-exempt reserves | 689 | €125,096 | - | -€125,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €119,682 | -€92,656 | -€212,337 |
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 24 October 2026 via checked.be.