JAMIN: 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.
JAMIN
Largest movements
- Cash +€37,563
up €37,563 (+352%), from €10,684 to €48,247
mainly Net result for the year (+€34,873) and Tax, wage and social debts (+€2,561)
- Tangible fixed assets -€2,492
down €2,492 (-36.4%), from €6,846 to €4,354
- Receivables after one year +€1,901
up €1,901 (+47.3%), from €4,017 to €5,918
- Reserves +€25,610
up €25,610 (+193%), from €13,255 to €38,865
of which Distributable reserves: +€25,610
- Profit (loss) carried forward +€9,264
no longer reported in 2025 (was -€9,264)
- Tax, wage and social debts +€2,561
new in 2025: €2,561
- Gross operating margin +€18,394
up €18,394 (+86.0%), from -€21,383 to -€2,989
- Write-downs -€8,654
down €8,654 (-24.8%), from -€34,906 to -€43,560
- Taxes +€2,561
new in 2025: €2,561
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 | €42,882 | €80,316 | +€37,434 | +87.3% |
| Fixed assets | 21/28 | €6,846 | €4,354 | -€2,492 | -36.4% |
| Tangible fixed assets | 22/27 | €6,846 | €4,354 | -€2,492 | -36.4% |
| Other tangible fixed assets | 26 | €6,846 | €4,354 | -€2,492 | -36.4% |
| Current assets | 29/58 | €36,036 | €75,962 | +€39,926 | +111% |
| Amounts receivable after more than one year | 29 | €4,017 | €5,918 | +€1,901 | +47.3% |
| Other amounts receivable | 291 | €4,017 | €5,918 | +€1,901 | +47.3% |
| Amounts receivable within one year | 40/41 | €21,335 | €21,797 | +€462 | +2.2% |
| Trade receivables | 40 | €20,725 | €20,725 | = | 0.0% |
| Other amounts receivable | 41 | €610 | €1,072 | +€462 | +75.8% |
| Cash at bank and in hand | 54/58 | €10,684 | €48,247 | +€37,563 | +352% |
| Total equity and liabilities | 10/49 | €42,882 | €80,316 | +€37,434 | +87.3% |
| Equity | 10/15 | €36,544 | €71,417 | +€34,873 | +95.4% |
| Contributions | 10/11 | €32,552 | €32,552 | = | 0.0% |
| Reserves | 13 | €13,255 | €38,865 | +€25,610 | +193% |
| Non-distributable reserves | 130/1 | €3,255 | €3,255 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,255 | €3,255 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €35,610 | +€25,610 | +256% |
| Profit (loss) carried forward | 14 | -€9,264 | - | +€9,264 | |
| Amounts payable | 17/49 | €6,338 | €8,899 | +€2,561 | +40.4% |
| Amounts payable within one year | 42/48 | €6,338 | €8,899 | +€2,561 | +40.4% |
| Trade debts | 44 | €5,113 | €5,113 | = | 0.0% |
| Suppliers | 440/4 | €5,113 | €5,113 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €2,561 | +€2,561 | |
| Taxes | 450/3 | - | €2,561 | +€2,561 | |
| Other amounts payable | 47/48 | €1,225 | €1,225 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,492 | €2,492 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,906 | -€43,560 | -€8,654 | -24.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€21,383 | -€2,989 | +€18,394 | +86.0% |
| Operating profit (loss) | 9901 | €10,644 | €37,679 | +€27,035 | +254% |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €74 | €245 | +€172 | +234% |
| Recurring financial charges | 65 | €74 | €245 | +€172 | +234% |
| Profit (loss) for the period before taxes | 9903 | €10,616 | €37,434 | +€26,818 | +253% |
| Income taxes | 67/77 | - | €2,561 | +€2,561 | |
| Profit (loss) for the period | 9904 | €10,616 | €34,873 | +€24,257 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €10,616 | €34,873 | +€24,257 | +228% |
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 18 October 2026 via checked.be.