JAMIE SHEA PROJECTS: 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.
JAMIE SHEA PROJECTS
Largest movements
- Cash +€37,260
up €37,260 (+8.3%), from €450,648 to €487,908
mainly Net result for the year (+€58,206) and Other debts (+€1,821)
- Receivables within one year +€23,485
up €23,485 (+357%), from €6,586 to €30,070
of which Other amounts receivable: +€18,034
- Reserves +€58,206
up €58,206 (+13.3%), from €438,706 to €496,912
- Gross operating margin -€95,209
down €95,209 (-53.9%), from €176,638 to €81,429
- Taxes -€30,061
down €30,061 (-57.8%), from €52,027 to €21,966
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.
Derived cash bridge
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 | €459,109 | €519,216 | +€60,107 | +13.1% |
| Fixed assets | 21/28 | €1,876 | €1,238 | -€638 | -34.0% |
| Tangible fixed assets | 22/27 | €1,876 | €1,238 | -€638 | -34.0% |
| Furniture and vehicles | 24 | €1,876 | €1,238 | -€638 | -34.0% |
| Current assets | 29/58 | €457,233 | €517,978 | +€60,745 | +13.3% |
| Amounts receivable within one year | 40/41 | €6,586 | €30,070 | +€23,485 | +357% |
| Trade receivables | 40 | €1,113 | €6,563 | +€5,450 | +490% |
| Other amounts receivable | 41 | €5,473 | €23,507 | +€18,034 | +330% |
| Cash at bank and in hand | 54/58 | €450,648 | €487,908 | +€37,260 | +8.3% |
| Total equity and liabilities | 10/49 | €459,109 | €519,216 | +€60,107 | +13.1% |
| Equity | 10/15 | €443,706 | €501,912 | +€58,206 | +13.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €438,706 | €496,912 | +€58,206 | +13.3% |
| Distributable reserves | 133 | €438,706 | €496,912 | +€58,206 | +13.3% |
| Amounts payable | 17/49 | €15,403 | €17,304 | +€1,901 | +12.3% |
| Amounts payable within one year | 42/48 | €15,403 | €17,304 | +€1,901 | +12.3% |
| Trade debts | 44 | €280 | €0 | -€280 | -100% |
| Suppliers | 440/4 | €280 | €0 | -€280 | -100% |
| Taxes, remuneration and social security | 45 | €4,815 | €5,175 | +€360 | +7.5% |
| Taxes | 450/3 | €4,815 | €5,175 | +€360 | +7.5% |
| Other amounts payable | 47/48 | €10,307 | €12,128 | +€1,821 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39 | €638 | +€599 | +1,528% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €176,638 | €81,429 | -€95,209 | -53.9% |
| Operating profit (loss) | 9901 | €176,211 | €80,391 | -€95,820 | -54.4% |
| Financial income | 75/76B | €938 | €51 | -€887 | -94.6% |
| Recurring financial income | 75 | €938 | €51 | -€887 | -94.6% |
| Financial charges | 65/66B | €168 | €270 | +€102 | +60.7% |
| Recurring financial charges | 65 | €168 | €270 | +€102 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €176,981 | €80,172 | -€96,809 | -54.7% |
| Income taxes | 67/77 | €52,027 | €21,966 | -€30,061 | -57.8% |
| Profit (loss) for the period | 9904 | €124,953 | €58,206 | -€66,748 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €124,953 | €58,206 | -€66,748 | -53.4% |
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 22 October 2026 via checked.be.