JAMEY: 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.
JAMEY
Largest movements
- Tangible fixed assets -€18,303
down €18,303 (-9.6%), from €190,810 to €172,507
- Cash -€5,532
down €5,532 (-75.2%), from €7,352 to €1,820
mainly Debts after one year (-€20,572) and Trade debts (-€8,248)
- Debts after one year -€20,572
down €20,572 (-13.2%), from €156,398 to €135,826
- Profit (loss) carried forward +€15,417
up €15,417 (+25.4%), from -€60,604 to -€45,186
- Trade debts -€8,248
down €8,248 (-49.0%), from €16,848 to €8,600
- Other debts -€7,675
down €7,675 (-25.3%), from €30,394 to €22,719
- Gross operating margin +€42,278
up €42,278 (+128.3%), from €32,949 to €75,227
- Financial charges +€22,307
up €22,307 (+733.2%), from €3,042 to €25,350
- Other operating charges -€2,586
down €2,586 (-13.8%), from €18,743 to €16,157
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 | €198,162 | €177,392 | -€20,770 | -10.5% |
| Fixed assets | 21/28 | €190,810 | €172,507 | -€18,303 | -9.6% |
| Tangible fixed assets | 22/27 | €190,810 | €172,507 | -€18,303 | -9.6% |
| Land and buildings | 22 | €190,810 | €172,507 | -€18,303 | -9.6% |
| Current assets | 29/58 | €7,352 | €4,885 | -€2,467 | -33.6% |
| Amounts receivable after more than one year | 29 | - | €1,226 | +€1,226 | |
| Trade receivables | 290 | - | €1,226 | +€1,226 | |
| Amounts receivable within one year | 40/41 | - | €1,839 | +€1,839 | |
| Other amounts receivable | 41 | - | €1,839 | +€1,839 | |
| Cash at bank and in hand | 54/58 | €7,352 | €1,820 | -€5,532 | -75.2% |
| Total equity and liabilities | 10/49 | €198,162 | €177,392 | -€20,770 | -10.5% |
| Equity | 10/15 | -€40,144 | -€24,726 | +€15,417 | +38.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,604 | -€45,186 | +€15,417 | +25.4% |
| Amounts payable | 17/49 | €238,305 | €202,118 | -€36,187 | -15.2% |
| Amounts payable after more than one year | 17 | €156,398 | €135,826 | -€20,572 | -13.2% |
| Financial debts | 170/4 | €156,398 | €135,826 | -€20,572 | -13.2% |
| Amounts payable within one year | 42/48 | €81,907 | €66,292 | -€15,615 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €20,265 | €20,572 | +€307 | +1.5% |
| Trade debts | 44 | €16,848 | €8,600 | -€8,248 | -49.0% |
| Suppliers | 440/4 | €16,848 | €8,600 | -€8,248 | -49.0% |
| Advances received on contracts in progress | 46 | €14,400 | €14,400 | = | 0.0% |
| Other amounts payable | 47/48 | €30,394 | €22,719 | -€7,675 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,303 | €18,303 | = | 0.0% |
| Other operating charges | 640/8 | €18,743 | €16,157 | -€2,586 | -13.8% |
| Gross operating margin | 9900 | €32,949 | €75,227 | +€42,278 | +128.3% |
| Operating profit (loss) | 9901 | -€4,097 | €40,767 | +€44,864 | |
| Financial charges | 65/66B | €3,042 | €25,350 | +€22,307 | +733.2% |
| Recurring financial charges | 65 | €3,042 | €25,350 | +€22,307 | +733.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,140 | €15,417 | +€22,557 | |
| Profit (loss) for the period | 9904 | -€7,140 | €15,417 | +€22,557 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,140 | €15,417 | +€22,557 |
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 9 October 2026 via checked.be.