JAMICI: 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.
JAMICI
Largest movements
- Receivables after one year +€37,000
up €37,000 (+155.8%), from €23,747 to €60,747
- Cash -€18,671
down €18,671 (-42.6%), from €43,841 to €25,170
mainly Receivables after one year (-€37,000) and Tax, wage and social debts (-€15,128)
- Tangible fixed assets -€8,244
down €8,244 (-13.0%), from €63,445 to €55,200
of which Furniture and vehicles: -€10,423
- Deferred charges and accrued income +€4,351
up €4,351 (+9.6%), from €45,313 to €49,664
- Reserves +€93,831
up €93,831 (+233.3%), from €40,218 to €134,048
- Profit (loss) carried forward -€52,496
no longer reported in 2025 (was €52,496)
- Tax, wage and social debts -€15,128
down €15,128 (-77.2%), from €19,591 to €4,464
- Debts after one year -€14,163
down €14,163 (-30.0%), from €47,144 to €32,981
- Short-term financial debts +€4,053
new in 2025: €4,053
- Gross operating margin +€5,700
up €5,700 (+7.9%), from €71,844 to €77,544
- Depreciation +€2,521
up €2,521 (+18.2%), from €13,866 to €16,387
- Other operating charges +€948
up €948 (+246.6%), from €384 to €1,332
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 | €178,548 | €192,739 | +€14,191 | +7.9% |
| Fixed assets | 21/28 | €63,495 | €55,250 | -€8,244 | -13.0% |
| Tangible fixed assets | 22/27 | €63,445 | €55,200 | -€8,244 | -13.0% |
| Furniture and vehicles | 24 | €63,445 | €53,022 | -€10,423 | -16.4% |
| Other tangible fixed assets | 26 | - | €2,179 | +€2,179 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €115,053 | €137,489 | +€22,436 | +19.5% |
| Amounts receivable after more than one year | 29 | €23,747 | €60,747 | +€37,000 | +155.8% |
| Other amounts receivable | 291 | €23,747 | €60,747 | +€37,000 | +155.8% |
| Amounts receivable within one year | 40/41 | €2,152 | €1,907 | -€245 | -11.4% |
| Other amounts receivable | 41 | €2,152 | €1,907 | -€245 | -11.4% |
| Cash at bank and in hand | 54/58 | €43,841 | €25,170 | -€18,671 | -42.6% |
| Deferred charges and accrued income | 490/1 | €45,313 | €49,664 | +€4,351 | +9.6% |
| Total equity and liabilities | 10/49 | €178,548 | €192,739 | +€14,191 | +7.9% |
| Equity | 10/15 | €95,714 | €137,048 | +€41,335 | +43.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,218 | €134,048 | +€93,831 | +233.3% |
| Distributable reserves | 133 | €40,218 | €134,048 | +€93,831 | +233.3% |
| Profit (loss) carried forward | 14 | €52,496 | - | -€52,496 | |
| Amounts payable | 17/49 | €82,834 | €55,691 | -€27,143 | -32.8% |
| Amounts payable after more than one year | 17 | €47,144 | €32,981 | -€14,163 | -30.0% |
| Financial debts | 170/4 | €47,144 | €32,981 | -€14,163 | -30.0% |
| Amounts payable within one year | 42/48 | €35,690 | €22,709 | -€12,980 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €13,535 | €14,163 | +€628 | +4.6% |
| Financial debts | 43 | - | €4,053 | +€4,053 | |
| Credit institutions | 430/8 | - | €4,053 | +€4,053 | |
| Trade debts | 44 | €2,563 | €29 | -€2,534 | -98.9% |
| Suppliers | 440/4 | €2,563 | €29 | -€2,534 | -98.9% |
| Taxes, remuneration and social security | 45 | €19,591 | €4,464 | -€15,128 | -77.2% |
| Taxes | 450/3 | €19,591 | €4,464 | -€15,128 | -77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,866 | €16,387 | +€2,521 | +18.2% |
| Other operating charges | 640/8 | €384 | €1,332 | +€948 | +246.6% |
| Gross operating margin | 9900 | €71,844 | €77,544 | +€5,700 | +7.9% |
| Operating profit (loss) | 9901 | €57,594 | €59,824 | +€2,231 | +3.9% |
| Financial income | 75/76B | €1,069 | €1,056 | -€12 | -1.2% |
| Recurring financial income | 75 | €1,069 | €1,056 | -€12 | -1.2% |
| Financial charges | 65/66B | €2,674 | €3,009 | +€335 | +12.5% |
| Recurring financial charges | 65 | €2,674 | €3,009 | +€335 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €55,988 | €57,872 | +€1,883 | +3.4% |
| Income taxes | 67/77 | €15,771 | €16,537 | +€767 | +4.9% |
| Profit (loss) for the period | 9904 | €40,218 | €41,335 | +€1,117 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,218 | €41,335 | +€1,117 | +2.8% |
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 29 September 2026 via checked.be.