JAMESSON OPERATIONS: 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.
JAMESSON OPERATIONS
Largest movements
- Receivables after one year +€40,798
new in 2025: €40,798
- Cash -€22,845
down €22,845 (-29.4%), from €77,620 to €54,774
mainly Receivables after one year (-€40,798) and Contributions, distributions and other (-€14,500)
- Receivables within one year -€13,383
down €13,383 (-28.0%), from €47,757 to €34,375
of which Trade receivables: -€16,427
- Tangible fixed assets +€4,543
up €4,543 (+80.7%), from €5,632 to €10,175
of which Furniture and vehicles: +€3,042
- Other debts +€13,558
new in 2025: €13,558
- Trade debts -€1,640
down €1,640 (-23.2%), from €7,058 to €5,418
- Reserves -€1,475
down €1,475 (-1.4%), from €102,236 to €100,761
- Gross operating margin -€19,477
down €19,477 (-51.4%), from €37,895 to €18,418
- Taxes -€5,118
down €5,118 (-44.3%), from €11,542 to €6,424
- Other operating charges -€2,002
no longer reported in 2025 (was €2,002)
- Depreciation -€1,423
down €1,423 (-72.4%), from €1,964 to €541
- Financial income +€772
up €772 (+62.5%), from €1,235 to €2,007
of which Financial income: +€1,528
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 | €131,280 | €140,574 | +€9,294 | +7.1% |
| Fixed assets | 21/28 | €5,632 | €10,175 | +€4,543 | +80.7% |
| Tangible fixed assets | 22/27 | €5,632 | €10,175 | +€4,543 | +80.7% |
| Furniture and vehicles | 24 | €5,632 | €8,674 | +€3,042 | +54.0% |
| Other tangible fixed assets | 26 | - | €1,501 | +€1,501 | |
| Current assets | 29/58 | €125,648 | €130,399 | +€4,751 | +3.8% |
| Amounts receivable after more than one year | 29 | - | €40,798 | +€40,798 | |
| Trade receivables | 290 | - | €40,798 | +€40,798 | |
| Amounts receivable within one year | 40/41 | €47,757 | €34,375 | -€13,383 | -28.0% |
| Trade receivables | 40 | €32,960 | €16,533 | -€16,427 | -49.8% |
| Other amounts receivable | 41 | €14,797 | €17,842 | +€3,045 | +20.6% |
| Cash at bank and in hand | 54/58 | €77,620 | €54,774 | -€22,845 | -29.4% |
| Deferred charges and accrued income | 490/1 | €271 | €452 | +€181 | +66.6% |
| Total equity and liabilities | 10/49 | €131,280 | €140,574 | +€9,294 | +7.1% |
| Equity | 10/15 | €120,828 | €119,353 | -€1,475 | -1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €102,236 | €100,761 | -€1,475 | -1.4% |
| Distributable reserves | 133 | €102,236 | €100,761 | -€1,475 | -1.4% |
| Amounts payable | 17/49 | €10,453 | €21,221 | +€10,768 | +103.0% |
| Amounts payable within one year | 42/48 | €10,453 | €21,221 | +€10,768 | +103.0% |
| Trade debts | 44 | €7,058 | €5,418 | -€1,640 | -23.2% |
| Suppliers | 440/4 | €7,058 | €5,418 | -€1,640 | -23.2% |
| Taxes, remuneration and social security | 45 | €3,395 | €2,245 | -€1,150 | -33.9% |
| Taxes | 450/3 | €3,395 | €2,245 | -€1,150 | -33.9% |
| Other amounts payable | 47/48 | - | €13,558 | +€13,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,964 | €541 | -€1,423 | -72.4% |
| Other operating charges | 640/8 | €2,002 | - | -€2,002 | |
| Non-recurring operating charges | 66A | - | €108 | +€108 | |
| Gross operating margin | 9900 | €37,895 | €18,418 | -€19,477 | -51.4% |
| Operating profit (loss) | 9901 | €33,929 | €17,769 | -€16,160 | -47.6% |
| Financial income | 75/76B | €1,235 | €2,007 | +€772 | +62.5% |
| Recurring financial income | 75 | €479 | €2,007 | +€1,528 | +318.8% |
| Non-recurring financial income | 76B | €756 | - | -€756 | |
| Financial charges | 65/66B | €74 | €327 | +€253 | +341.9% |
| Recurring financial charges | 65 | €74 | €121 | +€47 | +63.6% |
| Non-recurring financial charges | 66B | - | €206 | +€206 | |
| Profit (loss) for the period before taxes | 9903 | €35,091 | €19,450 | -€15,640 | -44.6% |
| Income taxes | 67/77 | €11,542 | €6,424 | -€5,118 | -44.3% |
| Profit (loss) for the period | 9904 | €23,548 | €13,026 | -€10,522 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,548 | €13,026 | -€10,522 | -44.7% |
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.