JAMAS consulting: 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.
JAMAS consulting
Largest movements
- Financial fixed assets +€2.2m
up €2.2m (+3622.4%), from €61,285 to €2.3m
- Receivables after one year -€165,000
down €165,000 (-58.9%), from €280,000 to €115,000
- Tangible fixed assets -€44,692
down €44,692 (-6.0%), from €745,292 to €700,600
of which Land and buildings: -€31,779
- Current portion of long-term debt +€1.2m
up €1.2m (+1460.2%), from €84,157 to €1.3m
- Reserves +€391,556
up €391,556 (+103.4%), from €378,847 to €770,403
of which Distributable reserves: +€391,556
- Debts after one year +€366,999
up €366,999 (+78.4%), from €468,162 to €835,162
- Tax, wage and social debts +€79,783
up €79,783 (+337.8%), from €23,619 to €103,402
- Other debts -€67,335
down €67,335 (-48.3%), from €139,463 to €72,128
- Gross operating margin +€569,691
up €569,691 (+320.7%), from €177,664 to €747,356
- Taxes +€62,763
up €62,763 (+154.3%), from €40,689 to €103,452
- Financial income -€53,671
down €53,671 (-99.4%), from €54,015 to €344
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 | €1,138,890 | €3,151,249 | +€2.0m | +176.7% |
| Fixed assets | 21/28 | €806,577 | €2,981,885 | +€2.2m | +269.7% |
| Tangible fixed assets | 22/27 | €745,292 | €700,600 | -€44,692 | -6.0% |
| Land and buildings | 22 | €720,411 | €688,632 | -€31,779 | -4.4% |
| Plant, machinery and equipment | 23 | €13,623 | €11,968 | -€1,655 | -12.2% |
| Furniture and vehicles | 24 | €11,258 | €0 | -€11,258 | -100.0% |
| Financial fixed assets | 28 | €61,285 | €2,281,285 | +€2.2m | +3622.4% |
| Current assets | 29/58 | €332,313 | €169,364 | -€162,949 | -49.0% |
| Amounts receivable after more than one year | 29 | €280,000 | €115,000 | -€165,000 | -58.9% |
| Other amounts receivable | 291 | €280,000 | €115,000 | -€165,000 | -58.9% |
| Amounts receivable within one year | 40/41 | €37,800 | €33,464 | -€4,335 | -11.5% |
| Trade receivables | 40 | €29,011 | €33,367 | +€4,355 | +15.0% |
| Other amounts receivable | 41 | €8,788 | €98 | -€8,691 | -98.9% |
| Current investments | 50/53 | €4,607 | €20,249 | +€15,643 | +339.6% |
| Cash at bank and in hand | 54/58 | €4,231 | €0 | -€4,231 | -100.0% |
| Deferred charges and accrued income | 490/1 | €5,676 | €650 | -€5,026 | -88.5% |
| Total equity and liabilities | 10/49 | €1,138,890 | €3,151,249 | +€2.0m | +176.7% |
| Equity | 10/15 | €385,047 | €776,603 | +€391,556 | +101.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €378,847 | €770,403 | +€391,556 | +103.4% |
| Tax-exempt reserves | 132 | €988 | €988 | = | 0.0% |
| Distributable reserves | 133 | €377,859 | €769,415 | +€391,556 | +103.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €753,843 | €2,374,646 | +€1.6m | +215.0% |
| Amounts payable after more than one year | 17 | €468,162 | €835,162 | +€366,999 | +78.4% |
| Financial debts | 170/4 | €468,162 | €835,162 | +€366,999 | +78.4% |
| Amounts payable within one year | 42/48 | €284,981 | €1,538,057 | +€1.3m | +439.7% |
| Current portion of amounts payable after more than one year | 42 | €84,157 | €1,313,001 | +€1.2m | +1460.2% |
| Financial debts | 43 | €13,806 | €36,294 | +€22,488 | +162.9% |
| Credit institutions | 430/8 | €13,806 | €36,294 | +€22,488 | +162.9% |
| Trade debts | 44 | €23,935 | €13,232 | -€10,703 | -44.7% |
| Suppliers | 440/4 | €23,935 | €13,232 | -€10,703 | -44.7% |
| Taxes, remuneration and social security | 45 | €23,619 | €103,402 | +€79,783 | +337.8% |
| Taxes | 450/3 | €23,619 | €103,402 | +€79,783 | +337.8% |
| Other amounts payable | 47/48 | €139,463 | €72,128 | -€67,335 | -48.3% |
| Accrued charges and deferred income | 492/3 | €700 | €1,427 | +€727 | +103.9% |
| Non-recurring operating income | 76A | - | €557,700 | +€557,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,570 | €34,918 | -€5,652 | -13.9% |
| Other operating charges | 640/8 | €5,068 | €1,303 | -€3,766 | -74.3% |
| Gross operating margin | 9900 | €177,664 | €747,356 | +€569,691 | +320.7% |
| Operating profit (loss) | 9901 | €132,026 | €711,135 | +€579,109 | +438.6% |
| Financial income | 75/76B | €54,015 | €344 | -€53,671 | -99.4% |
| Recurring financial income | 75 | €54,015 | €344 | -€53,671 | -99.4% |
| Financial charges | 65/66B | €16,255 | €15,636 | -€619 | -3.8% |
| Recurring financial charges | 65 | €16,255 | €15,636 | -€619 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €169,786 | €695,842 | +€526,056 | +309.8% |
| Income taxes | 67/77 | €40,689 | €103,452 | +€62,763 | +154.3% |
| Profit (loss) for the period | 9904 | €129,097 | €592,390 | +€463,293 | +358.9% |
| Profit (loss) for the period to be appropriated | 9905 | €129,097 | €592,390 | +€463,293 | +358.9% |
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 5 October 2026 via checked.be.