JAMIE: 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.
JAMIE
Largest movements
- Deferred charges and accrued income +€17,394
new in 2025: €17,394
- Cash -€12,870
down €12,870 (-21.6%), from €59,464 to €46,594
mainly Contributions, distributions and other (-€29,500) and Deferred charges and accrued income (-€17,394)
- Stocks and contracts +€4,229
up €4,229 (+84.1%), from €5,027 to €9,255
- Receivables within one year +€2,675
new in 2025: €2,675
of which Trade receivables: +€1,414
- Reserves -€27,255
down €27,255 (-47.4%), from €57,510 to €30,255
of which Distributable reserves: -€27,255
- Other debts +€24,976
up €24,976 (+25218.1%), from €99 to €25,075
- Tax, wage and social debts +€7,256
up €7,256 (+141.7%), from €5,122 to €12,378
of which Taxes: +€4,780
- Trade debts +€6,595
up €6,595 (+1757.7%), from €375 to €6,970
- Gross operating margin -€9,137
down €9,137 (-18.9%), from €48,314 to €39,176
- Taxes +€626
new in 2025: €626
- Depreciation +€597
up €597 (+9.8%), from €6,105 to €6,702
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 | €88,106 | €99,678 | +€11,572 | +13.1% |
| Fixed assets | 21/28 | €23,615 | €23,760 | +€145 | +0.6% |
| Tangible fixed assets | 22/27 | €23,576 | €23,721 | +€145 | +0.6% |
| Land and buildings | 22 | €14,045 | - | -€14,045 | |
| Plant, machinery and equipment | 23 | €5,978 | €6,396 | +€418 | +7.0% |
| Furniture and vehicles | 24 | €3,552 | €4,255 | +€703 | +19.8% |
| Other tangible fixed assets | 26 | - | €13,069 | +€13,069 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €64,491 | €75,918 | +€11,427 | +17.7% |
| Stocks and contracts in progress | 3 | €5,027 | €9,255 | +€4,229 | +84.1% |
| Stocks | 30/36 | €5,027 | €9,255 | +€4,229 | +84.1% |
| Amounts receivable within one year | 40/41 | - | €2,675 | +€2,675 | |
| Trade receivables | 40 | - | €1,414 | +€1,414 | |
| Other amounts receivable | 41 | - | €1,260 | +€1,260 | |
| Cash at bank and in hand | 54/58 | €59,464 | €46,594 | -€12,870 | -21.6% |
| Deferred charges and accrued income | 490/1 | - | €17,394 | +€17,394 | |
| Total equity and liabilities | 10/49 | €88,106 | €99,678 | +€11,572 | +13.1% |
| Equity | 10/15 | €82,510 | €55,255 | -€27,255 | -33.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €57,510 | €30,255 | -€27,255 | -47.4% |
| Tax-exempt reserves | 132 | €4,198 | €4,198 | = | 0.0% |
| Distributable reserves | 133 | €53,312 | €26,057 | -€27,255 | -51.1% |
| Amounts payable | 17/49 | €5,596 | €44,422 | +€38,827 | +693.9% |
| Amounts payable within one year | 42/48 | €5,596 | €44,422 | +€38,827 | +693.9% |
| Trade debts | 44 | €375 | €6,970 | +€6,595 | +1757.7% |
| Suppliers | 440/4 | €375 | €6,970 | +€6,595 | +1757.7% |
| Taxes, remuneration and social security | 45 | €5,122 | €12,378 | +€7,256 | +141.7% |
| Taxes | 450/3 | €1,797 | €6,577 | +€4,780 | +266.1% |
| Remuneration and social security | 454/9 | €3,325 | €5,801 | +€2,476 | +74.5% |
| Other amounts payable | 47/48 | €99 | €25,075 | +€24,976 | +25218.1% |
| Remuneration, social security and pensions | 62 | €27,238 | €27,427 | +€189 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,105 | €6,702 | +€597 | +9.8% |
| Other operating charges | 640/8 | €2,100 | €1,765 | -€335 | -15.9% |
| Gross operating margin | 9900 | €48,314 | €39,176 | -€9,137 | -18.9% |
| Operating profit (loss) | 9901 | €12,871 | €3,282 | -€9,589 | -74.5% |
| Financial charges | 65/66B | €44 | €411 | +€368 | +844.8% |
| Recurring financial charges | 65 | €44 | €411 | +€368 | +844.8% |
| Profit (loss) for the period before taxes | 9903 | €12,827 | €2,871 | -€9,956 | -77.6% |
| Income taxes | 67/77 | - | €626 | +€626 | |
| Profit (loss) for the period | 9904 | €12,827 | €2,245 | -€10,582 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,827 | €2,245 | -€10,582 | -82.5% |
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 3 October 2026 via checked.be.