JAMD Management: 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.
JAMD Management
Largest movements
- Cash -€21,584
down €21,584 (-46.7%), from €46,228 to €24,644
mainly Receivables within one year (-€10,953) and Tax, wage and social debts (-€7,958)
- Receivables within one year +€10,953
up €10,953 (+63.8%), from €17,170 to €28,123
of which Trade receivables: +€10,379
- Tax, wage and social debts -€7,958
down €7,958 (-19.2%), from €41,530 to €33,572
of which Remuneration and social security: -€4,902
- Trade debts -€3,297
down €3,297 (-67.7%), from €4,873 to €1,576
- Profit (loss) carried forward +€1,012
up €1,012 (+50.8%), from -€1,993 to -€981
- Staff costs +€5,103
up €5,103 (+4.1%), from €123,909 to €129,012
- Gross operating margin +€3,785
up €3,785 (+2.9%), from €128,498 to €132,283
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 | €63,398 | €52,767 | -€10,630 | -16.8% |
| Current assets | 29/58 | €63,398 | €52,767 | -€10,630 | -16.8% |
| Amounts receivable within one year | 40/41 | €17,170 | €28,123 | +€10,953 | +63.8% |
| Trade receivables | 40 | €13,884 | €24,263 | +€10,379 | +74.8% |
| Other amounts receivable | 41 | €3,286 | €3,860 | +€574 | +17.5% |
| Cash at bank and in hand | 54/58 | €46,228 | €24,644 | -€21,584 | -46.7% |
| Total equity and liabilities | 10/49 | €63,398 | €52,767 | -€10,630 | -16.8% |
| Equity | 10/15 | €16,607 | €17,619 | +€1,012 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,993 | -€981 | +€1,012 | +50.8% |
| Amounts payable | 17/49 | €46,791 | €35,148 | -€11,642 | -24.9% |
| Amounts payable within one year | 42/48 | €46,403 | €35,148 | -€11,255 | -24.3% |
| Trade debts | 44 | €4,873 | €1,576 | -€3,297 | -67.7% |
| Suppliers | 440/4 | €4,873 | €1,576 | -€3,297 | -67.7% |
| Taxes, remuneration and social security | 45 | €41,530 | €33,572 | -€7,958 | -19.2% |
| Taxes | 450/3 | €16,239 | €13,183 | -€3,056 | -18.8% |
| Remuneration and social security | 454/9 | €25,291 | €20,389 | -€4,902 | -19.4% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Remuneration, social security and pensions | 62 | €123,909 | €129,012 | +€5,103 | +4.1% |
| Other operating charges | 640/8 | €913 | €1,470 | +€557 | +61.1% |
| Gross operating margin | 9900 | €128,498 | €132,283 | +€3,785 | +2.9% |
| Operating profit (loss) | 9901 | €3,676 | €1,801 | -€1,875 | -51.0% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,522 | €1,647 | -€1,875 | -53.2% |
| Income taxes | 67/77 | - | €635 | +€635 | |
| Profit (loss) for the period | 9904 | €3,522 | €1,012 | -€2,510 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,522 | €1,012 | -€2,510 | -71.3% |
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 6 October 2026 via checked.be.