JAMIN: 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.
JAMIN
Largest movements
- Receivables within one year +€31,423
up €31,423 (+21.1%), from €148,888 to €180,311
of which Other amounts receivable: +€27,363
- Tangible fixed assets -€10,093
down €10,093 (-26.5%), from €38,156 to €28,063
of which Furniture and vehicles: -€10,487
- Reserves +€9,011
up €9,011 (+3.4%), from €265,843 to €274,854
- Tax, wage and social debts +€8,262
up €8,262 (+71.0%), from €11,631 to €19,893
- Gross operating margin +€10,568
up €10,568 (+18.4%), from €57,467 to €68,034
- Financial income +€6,412
up €6,412 (+320.7%), from €1,999 to €8,412
- Taxes +€4,335
up €4,335 (+36.5%), from €11,889 to €16,223
- Financial charges +€3,345
up €3,345 (+166.5%), from €2,009 to €5,355
- Depreciation +€959
up €959 (+4.6%), from €20,778 to €21,737
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 | €337,689 | €354,416 | +€16,728 | +5.0% |
| Fixed assets | 21/28 | €38,280 | €28,187 | -€10,093 | -26.4% |
| Tangible fixed assets | 22/27 | €38,156 | €28,063 | -€10,093 | -26.5% |
| Plant, machinery and equipment | 23 | €328 | €1,374 | +€1,046 | +319.0% |
| Furniture and vehicles | 24 | €33,251 | €22,764 | -€10,487 | -31.5% |
| Other tangible fixed assets | 26 | €4,577 | €3,924 | -€653 | -14.3% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €299,409 | €326,230 | +€26,821 | +9.0% |
| Amounts receivable within one year | 40/41 | €148,888 | €180,311 | +€31,423 | +21.1% |
| Trade receivables | 40 | €9,106 | €13,166 | +€4,060 | +44.6% |
| Other amounts receivable | 41 | €139,782 | €167,145 | +€27,363 | +19.6% |
| Cash at bank and in hand | 54/58 | €148,295 | €145,296 | -€3,000 | -2.0% |
| Deferred charges and accrued income | 490/1 | €2,225 | €623 | -€1,602 | -72.0% |
| Total equity and liabilities | 10/49 | €337,689 | €354,416 | +€16,728 | +5.0% |
| Equity | 10/15 | €321,531 | €330,542 | +€9,011 | +2.8% |
| Contributions | 10/11 | €55,688 | €55,688 | = | 0.0% |
| Reserves | 13 | €265,843 | €274,854 | +€9,011 | +3.4% |
| Distributable reserves | 133 | €265,843 | €274,854 | +€9,011 | +3.4% |
| Amounts payable | 17/49 | €16,158 | €23,874 | +€7,716 | +47.8% |
| Amounts payable within one year | 42/48 | €16,024 | €23,874 | +€7,850 | +49.0% |
| Trade debts | 44 | €4,393 | €3,981 | -€412 | -9.4% |
| Suppliers | 440/4 | €4,393 | €3,981 | -€412 | -9.4% |
| Taxes, remuneration and social security | 45 | €11,631 | €19,893 | +€8,262 | +71.0% |
| Taxes | 450/3 | €11,631 | €19,893 | +€8,262 | +71.0% |
| Accrued charges and deferred income | 492/3 | €134 | - | -€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,778 | €21,737 | +€959 | +4.6% |
| Other operating charges | 640/8 | €1,496 | €1,269 | -€227 | -15.2% |
| Gross operating margin | 9900 | €57,467 | €68,034 | +€10,568 | +18.4% |
| Operating profit (loss) | 9901 | €35,192 | €45,028 | +€9,836 | +27.9% |
| Financial income | 75/76B | €1,999 | €8,412 | +€6,412 | +320.7% |
| Recurring financial income | 75 | €1,999 | €8,412 | +€6,412 | +320.7% |
| Financial charges | 65/66B | €2,009 | €5,355 | +€3,345 | +166.5% |
| Recurring financial charges | 65 | €2,009 | €5,355 | +€3,345 | +166.5% |
| Profit (loss) for the period before taxes | 9903 | €35,182 | €48,085 | +€12,903 | +36.7% |
| Income taxes | 67/77 | €11,889 | €16,223 | +€4,335 | +36.5% |
| Profit (loss) for the period | 9904 | €23,294 | €31,862 | +€8,568 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,294 | €31,862 | +€8,568 | +36.8% |
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 4 October 2026 via checked.be.