JAMINEX: 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.
JAMINEX
Largest movements
- Financial fixed assets +€317,902
up €317,902 (+13.5%), from €2.4m to €2.7m
- Receivables after one year +€99,882
up €99,882 (+1997.6%), from €5,000 to €104,882
of which Trade receivables: +€99,882
- Cash +€71,122
up €71,122 (+108.0%), from €65,874 to €136,996
mainly Other debts (+€230,606) and Net result for the year (+€142,552)
- Deferred charges and accrued income -€62,744
down €62,744 (-98.2%), from €63,926 to €1,182
- Other debts +€230,606
up €230,606 (+33.4%), from €690,481 to €921,087
- Reserves +€93,304
up €93,304 (+4.9%), from €1.9m to €2.0m
- Profit (loss) carried forward +€49,248
no longer reported in 2025 (was -€49,248)
- Financial income +€127,524
up €127,524 (+268.2%), from €47,557 to €175,081
- Taxes +€5,116
up €5,116 (+62.7%), from €8,164 to €13,281
- Gross operating margin -€2,784
down €2,784 (-33.5%), from -€8,300 to -€11,084
- Financial charges +€1,496
up €1,496 (+34.9%), from €4,292 to €5,788
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 | €3,374,237 | €3,768,738 | +€394,501 | +11.7% |
| Fixed assets | 21/28 | €2,566,139 | €2,884,041 | +€317,902 | +12.4% |
| Tangible fixed assets | 22/27 | €202,816 | €202,816 | = | 0.0% |
| Land and buildings | 22 | €202,816 | €202,816 | = | 0.0% |
| Financial fixed assets | 28 | €2,363,323 | €2,681,225 | +€317,902 | +13.5% |
| Current assets | 29/58 | €808,098 | €884,697 | +€76,599 | +9.5% |
| Amounts receivable after more than one year | 29 | €5,000 | €104,882 | +€99,882 | +1997.6% |
| Trade receivables | 290 | - | €99,882 | +€99,882 | |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,270 | €23,736 | -€14,534 | -38.0% |
| Trade receivables | 40 | €1,815 | €1,815 | = | 0.0% |
| Other amounts receivable | 41 | €36,455 | €21,921 | -€14,534 | -39.9% |
| Current investments | 50/53 | €635,028 | €617,901 | -€17,127 | -2.7% |
| Cash at bank and in hand | 54/58 | €65,874 | €136,996 | +€71,122 | +108.0% |
| Deferred charges and accrued income | 490/1 | €63,926 | €1,182 | -€62,744 | -98.2% |
| Total equity and liabilities | 10/49 | €3,374,237 | €3,768,738 | +€394,501 | +11.7% |
| Equity | 10/15 | €2,681,008 | €2,823,560 | +€142,552 | +5.3% |
| Contributions | 10/11 | €819,000 | €819,000 | = | 0.0% |
| Reserves | 13 | €1,911,256 | €2,004,560 | +€93,304 | +4.9% |
| Distributable reserves | 133 | €1,911,256 | €2,004,560 | +€93,304 | +4.9% |
| Profit (loss) carried forward | 14 | -€49,248 | - | +€49,248 | |
| Amounts payable | 17/49 | €693,229 | €945,178 | +€251,949 | +36.3% |
| Amounts payable within one year | 42/48 | €693,229 | €945,178 | +€251,949 | +36.3% |
| Trade debts | 44 | €2,748 | €8,019 | +€5,271 | +191.8% |
| Suppliers | 440/4 | €2,748 | €8,019 | +€5,271 | +191.8% |
| Taxes, remuneration and social security | 45 | - | €16,072 | +€16,072 | |
| Taxes | 450/3 | - | €16,072 | +€16,072 | |
| Other amounts payable | 47/48 | €690,481 | €921,087 | +€230,606 | +33.4% |
| Other operating charges | 640/8 | €2,309 | €2,377 | +€68 | +3.0% |
| Gross operating margin | 9900 | -€8,300 | -€11,084 | -€2,784 | -33.5% |
| Operating profit (loss) | 9901 | -€10,609 | -€13,461 | -€2,852 | -26.9% |
| Financial income | 75/76B | €47,557 | €175,081 | +€127,524 | +268.2% |
| Recurring financial income | 75 | €47,557 | €175,081 | +€127,524 | +268.2% |
| Financial charges | 65/66B | €4,292 | €5,788 | +€1,496 | +34.9% |
| Recurring financial charges | 65 | €4,292 | €5,788 | +€1,496 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €32,656 | €155,832 | +€123,176 | +377.2% |
| Income taxes | 67/77 | €8,164 | €13,281 | +€5,116 | +62.7% |
| Profit (loss) for the period | 9904 | €24,492 | €142,552 | +€118,060 | +482.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,492 | €142,552 | +€118,060 | +482.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.