JAMIL: 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.
JAMIL
Largest movements
- Tangible fixed assets -€83,499
down €83,499 (-12.8%), from €653,224 to €569,725
of which Land and buildings: -€100,498
- Stocks and contracts +€24,111
up €24,111 (+59.7%), from €40,389 to €64,500
- Cash -€19,463
down €19,463 (-91.3%), from €21,322 to €1,859
mainly Debts after one year (-€53,103) and Stocks and contracts (-€24,111)
- Receivables within one year +€11,561
up €11,561 (+52.0%), from €22,220 to €33,781
of which Other amounts receivable: +€19,827
- Deferred charges and accrued income +€7,777
new in 2025: €7,777
- Debts after one year -€53,103
down €53,103 (-45.5%), from €116,738 to €63,634
- Tax, wage and social debts -€22,314
down €22,314 (-52.6%), from €42,458 to €20,144
of which Remuneration and social security: -€22,416
- Trade debts +€17,701
up €17,701 (+36.1%), from €49,003 to €66,704
- Current portion of long-term debt +€9,841
up €9,841 (+22.7%), from €43,262 to €53,103
- Reserves -€7,524
down €7,524 (-2.9%), from €258,866 to €251,342
of which Distributable reserves: -€7,524
- Turnover -€1.7m
no longer reported in 2025 (was €1.7m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Gross operating margin -€100,923
down €100,923 (-27.6%), from €365,390 to €264,467
- Staff costs -€55,401
down €55,401 (-27.5%), from €201,385 to €145,984
- Depreciation -€29,651
down €29,651 (-27.6%), from €107,398 to €77,747
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 | €737,155 | €677,641 | -€59,514 | -8.1% |
| Fixed assets | 21/28 | €653,224 | €569,725 | -€83,499 | -12.8% |
| Tangible fixed assets | 22/27 | €653,224 | €569,725 | -€83,499 | -12.8% |
| Land and buildings | 22 | €457,769 | €357,271 | -€100,498 | -22.0% |
| Plant, machinery and equipment | 23 | €189,881 | €208,522 | +€18,641 | +9.8% |
| Furniture and vehicles | 24 | €5,574 | €3,932 | -€1,642 | -29.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €83,931 | €107,916 | +€23,985 | +28.6% |
| Stocks and contracts in progress | 3 | €40,389 | €64,500 | +€24,111 | +59.7% |
| Stocks | 30/36 | €40,389 | €64,500 | +€24,111 | +59.7% |
| Amounts receivable within one year | 40/41 | €22,220 | €33,781 | +€11,561 | +52.0% |
| Trade receivables | 40 | €8,266 | €0 | -€8,266 | -100.0% |
| Other amounts receivable | 41 | €13,954 | €33,781 | +€19,827 | +142.1% |
| Cash at bank and in hand | 54/58 | €21,322 | €1,859 | -€19,463 | -91.3% |
| Deferred charges and accrued income | 490/1 | - | €7,777 | +€7,777 | |
| Total equity and liabilities | 10/49 | €737,155 | €677,641 | -€59,514 | -8.1% |
| Equity | 10/15 | €302,247 | €294,723 | -€7,524 | -2.5% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €258,866 | €251,342 | -€7,524 | -2.9% |
| Non-distributable reserves | 130/1 | €4,338 | €4,338 | = | 0.0% |
| Other | 1319 | €4,338 | €4,338 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,649 | €45,649 | = | 0.0% |
| Distributable reserves | 133 | €208,878 | €201,354 | -€7,524 | -3.6% |
| Amounts payable | 17/49 | €434,908 | €382,918 | -€51,990 | -12.0% |
| Amounts payable after more than one year | 17 | €116,738 | €63,634 | -€53,103 | -45.5% |
| Financial debts | 170/4 | €116,738 | €63,634 | -€53,103 | -45.5% |
| Amounts payable within one year | 42/48 | €318,170 | €319,284 | +€1,113 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €43,262 | €53,103 | +€9,841 | +22.7% |
| Trade debts | 44 | €49,003 | €66,704 | +€17,701 | +36.1% |
| Suppliers | 440/4 | €49,003 | €66,704 | +€17,701 | +36.1% |
| Taxes, remuneration and social security | 45 | €42,458 | €20,144 | -€22,314 | -52.6% |
| Taxes | 450/3 | €2,423 | €2,524 | +€101 | +4.2% |
| Remuneration and social security | 454/9 | €40,035 | €17,620 | -€22,416 | -56.0% |
| Other amounts payable | 47/48 | €183,447 | €179,333 | -€4,114 | -2.2% |
| Turnover | 70 | €1,663,628 | - | -€1.7m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,301,074 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €201,385 | €145,984 | -€55,401 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,398 | €77,747 | -€29,651 | -27.6% |
| Other operating charges | 640/8 | €7,209 | €6,669 | -€539 | -7.5% |
| Non-recurring operating charges | 66A | - | €35,912 | +€35,912 | |
| Gross operating margin | 9900 | €365,390 | €264,467 | -€100,923 | -27.6% |
| Operating profit (loss) | 9901 | €49,398 | -€1,846 | -€51,244 | |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €14,146 | €5,715 | -€8,431 | -59.6% |
| Recurring financial charges | 65 | €14,146 | €5,715 | -€8,431 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €35,253 | -€7,524 | -€42,776 | |
| Profit (loss) for the period | 9904 | €35,253 | -€7,524 | -€42,776 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,253 | -€7,524 | -€42,776 |
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.