JAMAWIL: 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.
JAMAWIL
Largest movements
- Tangible fixed assets -€255,968
down €255,968 (-91.6%), from €279,476 to €23,508
- Current investments +€200,089
new in 2025: €200,089
- Receivables within one year +€55,500
up €55,500 (+229.3%), from €24,200 to €79,700
of which Other amounts receivable: +€55,500
- Cash +€12,597
up €12,597 (+52.7%), from €23,903 to €36,500
mainly Investment in fixed assets (net) (+€255,968) and Net result for the year (+€202,264)
- Reserves +€192,807
up €192,807 (+6219.8%), from €3,100 to €195,907
of which Distributable reserves: +€187,727
- Debts after one year -€105,814
down €105,814 (-95.5%), from €110,825 to €5,011
of which Financial debts: -€105,814
- Other debts -€86,224
no longer reported in 2025 (was €86,224)
- Current portion of long-term debt -€29,744
no longer reported in 2025 (was €29,744)
- Tax, wage and social debts +€20,052
up €20,052 (+301.7%), from €6,646 to €26,698
- Gross operating margin +€196,038
up €196,038 (+456.6%), from €42,937 to €238,975
- Other operating charges -€67,102
down €67,102 (-95.1%), from €70,558 to €3,457
- Taxes +€19,978
up €19,978 (+1113.6%), from €1,794 to €21,772
- Depreciation -€13,592
no longer reported in 2025 (was €13,592)
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 | €328,453 | €340,678 | +€12,225 | +3.7% |
| Fixed assets | 21/28 | €279,476 | €23,508 | -€255,968 | -91.6% |
| Tangible fixed assets | 22/27 | €279,476 | €23,508 | -€255,968 | -91.6% |
| Land and buildings | 22 | €279,476 | €23,508 | -€255,968 | -91.6% |
| Current assets | 29/58 | €48,978 | €317,170 | +€268,193 | +547.6% |
| Amounts receivable within one year | 40/41 | €24,200 | €79,700 | +€55,500 | +229.3% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | - | €55,500 | +€55,500 | |
| Current investments | 50/53 | - | €200,089 | +€200,089 | |
| Cash at bank and in hand | 54/58 | €23,903 | €36,500 | +€12,597 | +52.7% |
| Deferred charges and accrued income | 490/1 | €875 | €882 | +€7 | +0.8% |
| Total equity and liabilities | 10/49 | €328,453 | €340,678 | +€12,225 | +3.7% |
| Equity | 10/15 | €52,307 | €254,570 | +€202,264 | +386.7% |
| Contributions | 10/11 | €81,805 | €81,805 | = | 0.0% |
| Capital | 10 | €81,805 | €81,805 | = | 0.0% |
| Issued capital | 100 | €81,805 | €81,805 | = | 0.0% |
| Reserves | 13 | €3,100 | €195,907 | +€192,807 | +6219.8% |
| Non-distributable reserves | 130/1 | €3,100 | €8,180 | +€5,081 | +163.9% |
| Legal reserve | 130 | €3,100 | €8,180 | +€5,081 | +163.9% |
| Distributable reserves | 133 | - | €187,727 | +€187,727 | |
| Profit (loss) carried forward | 14 | -€32,598 | -€23,142 | +€9,457 | +29.0% |
| Amounts payable | 17/49 | €276,147 | €86,108 | -€190,039 | -68.8% |
| Amounts payable after more than one year | 17 | €110,825 | €5,011 | -€105,814 | -95.5% |
| Financial debts | 170/4 | €105,814 | - | -€105,814 | |
| Other amounts payable | 178/9 | €5,011 | €5,011 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,495 | €55,688 | -€87,807 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €29,744 | - | -€29,744 | |
| Trade debts | 44 | €14,830 | €22,940 | +€8,110 | +54.7% |
| Suppliers | 440/4 | €14,830 | €22,940 | +€8,110 | +54.7% |
| Advances received on contracts in progress | 46 | €6,050 | €6,050 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,646 | €26,698 | +€20,052 | +301.7% |
| Taxes | 450/3 | €6,646 | €26,698 | +€20,052 | +301.7% |
| Other amounts payable | 47/48 | €86,224 | - | -€86,224 | |
| Accrued charges and deferred income | 492/3 | €21,827 | €25,408 | +€3,582 | +16.4% |
| Non-recurring operating income | 76A | - | €209,902 | +€209,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,592 | - | -€13,592 | |
| Other operating charges | 640/8 | €70,558 | €3,457 | -€67,102 | -95.1% |
| Gross operating margin | 9900 | €42,937 | €238,975 | +€196,038 | +456.6% |
| Operating profit (loss) | 9901 | -€41,213 | €235,518 | +€276,732 | |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €11,974 | €11,610 | -€365 | -3.0% |
| Recurring financial charges | 65 | €11,974 | €11,610 | -€365 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€53,188 | €224,035 | +€277,223 | |
| Income taxes | 67/77 | €1,794 | €21,772 | +€19,978 | +1113.6% |
| Profit (loss) for the period | 9904 | -€54,981 | €202,264 | +€257,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,981 | €202,264 | +€257,245 |
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.