Jamifran: 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.
Jamifran
Largest movements
- Cash -€33,520
down €33,520 (-39.0%), from €85,982 to €52,462
mainly Other debts (-€25,194) and Investment in fixed assets (net) (-€16,491)
- Tangible fixed assets -€6,256
down €6,256 (-1.5%), from €407,799 to €401,542
of which Land and buildings: -€5,084
- Other debts -€25,194
down €25,194 (-5.3%), from €472,063 to €446,869
- Debts after one year -€9,857
down €9,857 (-8.0%), from €122,948 to €113,091
- Profit (loss) carried forward -€7,902
down €7,902 (-10.5%), from -€75,109 to -€83,011
- Gross operating margin +€10,611
up €10,611 (+91.8%), from €11,557 to €22,168
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 | €543,033 | €501,655 | -€41,378 | -7.6% |
| Formation expenses | 20 | €471 | €94 | -€376 | -80.0% |
| Fixed assets | 21/28 | €419,136 | €409,221 | -€9,915 | -2.4% |
| Intangible fixed assets | 21 | €11,337 | €7,679 | -€3,659 | -32.3% |
| Tangible fixed assets | 22/27 | €407,799 | €401,542 | -€6,256 | -1.5% |
| Land and buildings | 22 | €396,599 | €391,515 | -€5,084 | -1.3% |
| Plant, machinery and equipment | 23 | €10,947 | €7,390 | -€3,557 | -32.5% |
| Furniture and vehicles | 24 | €253 | €2,637 | +€2,384 | +942.3% |
| Current assets | 29/58 | €123,426 | €92,340 | -€31,087 | -25.2% |
| Stocks and contracts in progress | 3 | €36,930 | €39,142 | +€2,212 | +6.0% |
| Stocks | 30/36 | €36,930 | €39,142 | +€2,212 | +6.0% |
| Amounts receivable within one year | 40/41 | €19 | €207 | +€189 | +1017.7% |
| Other amounts receivable | 41 | €19 | €207 | +€189 | +1017.7% |
| Cash at bank and in hand | 54/58 | €85,982 | €52,462 | -€33,520 | -39.0% |
| Deferred charges and accrued income | 490/1 | €496 | €528 | +€32 | +6.6% |
| Total equity and liabilities | 10/49 | €543,033 | €501,655 | -€41,378 | -7.6% |
| Equity | 10/15 | -€73,109 | -€81,011 | -€7,902 | -10.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,109 | -€83,011 | -€7,902 | -10.5% |
| Amounts payable | 17/49 | €616,142 | €582,666 | -€33,476 | -5.4% |
| Amounts payable after more than one year | 17 | €122,948 | €113,091 | -€9,857 | -8.0% |
| Financial debts | 170/4 | €122,948 | €113,091 | -€9,857 | -8.0% |
| Amounts payable within one year | 42/48 | €493,194 | €469,574 | -€23,619 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €9,694 | €9,857 | +€163 | +1.7% |
| Trade debts | 44 | €10,410 | €9,927 | -€483 | -4.6% |
| Suppliers | 440/4 | €10,410 | €9,927 | -€483 | -4.6% |
| Taxes, remuneration and social security | 45 | €1,027 | €2,921 | +€1,894 | +184.5% |
| Taxes | 450/3 | €1,027 | €2,921 | +€1,894 | +184.5% |
| Other amounts payable | 47/48 | €472,063 | €446,869 | -€25,194 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,809 | €26,782 | -€26 | -0.1% |
| Other operating charges | 640/8 | €1,067 | €1,052 | -€15 | -1.4% |
| Gross operating margin | 9900 | €11,557 | €22,168 | +€10,611 | +91.8% |
| Operating profit (loss) | 9901 | -€16,319 | -€5,667 | +€10,652 | +65.3% |
| Financial income | 75/76B | €73 | €87 | +€15 | +19.9% |
| Recurring financial income | 75 | €73 | €87 | +€15 | +19.9% |
| Financial charges | 65/66B | €2,474 | €2,323 | -€151 | -6.1% |
| Recurring financial charges | 65 | €2,474 | €2,311 | -€163 | -6.6% |
| Non-recurring financial charges | 66B | - | €12 | +€12 | |
| Profit (loss) for the period before taxes | 9903 | -€18,719 | -€7,902 | +€10,818 | +57.8% |
| Profit (loss) for the period | 9904 | -€18,719 | -€7,902 | +€10,818 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,719 | -€7,902 | +€10,818 | +57.8% |
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 5 October 2026 via checked.be.