JAMITADE: 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.
JAMITADE
Largest movements
- Tangible fixed assets -€12,760
down €12,760 (-13.3%), from €95,976 to €83,216
of which Plant, machinery and equipment: -€9,752
- Receivables within one year +€9,941
up €9,941 (+7.4%), from €133,464 to €143,405
of which Other amounts receivable: +€14,038
- Cash -€9,752
down €9,752 (-12.2%), from €79,767 to €70,015
mainly Debts after one year (-€15,121) and Investment in fixed assets (net) (-€10,091)
- Reserves +€15,668
up €15,668 (+20.0%), from €78,168 to €93,836
- Debts after one year -€15,121
down €15,121 (-9.3%), from €162,124 to €147,003
- Tax, wage and social debts -€6,523
down €6,523 (-20.8%), from €31,428 to €24,905
of which Taxes: -€4,582
- Gross operating margin -€35,693
down €35,693 (-22.8%), from €156,771 to €121,078
- Staff costs -€5,775
down €5,775 (-6.7%), from €85,759 to €79,984
- Taxes -€4,812
down €4,812 (-51.7%), from €9,304 to €4,491
- Depreciation +€2,237
up €2,237 (+10.9%), from €20,614 to €22,851
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 | €327,154 | €317,734 | -€9,420 | -2.9% |
| Fixed assets | 21/28 | €95,976 | €83,216 | -€12,760 | -13.3% |
| Tangible fixed assets | 22/27 | €95,976 | €83,216 | -€12,760 | -13.3% |
| Land and buildings | 22 | €5,337 | €3,356 | -€1,980 | -37.1% |
| Plant, machinery and equipment | 23 | €87,130 | €77,377 | -€9,752 | -11.2% |
| Furniture and vehicles | 24 | €3,509 | €2,482 | -€1,027 | -29.3% |
| Current assets | 29/58 | €231,178 | €234,518 | +€3,340 | +1.4% |
| Stocks and contracts in progress | 3 | €17,947 | €21,099 | +€3,152 | +17.6% |
| Stocks | 30/36 | €17,947 | €21,099 | +€3,152 | +17.6% |
| Amounts receivable within one year | 40/41 | €133,464 | €143,405 | +€9,941 | +7.4% |
| Trade receivables | 40 | €6,994 | €2,897 | -€4,097 | -58.6% |
| Other amounts receivable | 41 | €126,470 | €140,507 | +€14,038 | +11.1% |
| Cash at bank and in hand | 54/58 | €79,767 | €70,015 | -€9,752 | -12.2% |
| Total equity and liabilities | 10/49 | €327,154 | €317,734 | -€9,420 | -2.9% |
| Equity | 10/15 | €98,168 | €113,836 | +€15,668 | +16.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €78,168 | €93,836 | +€15,668 | +20.0% |
| Distributable reserves | 133 | €78,168 | €93,836 | +€15,668 | +20.0% |
| Amounts payable | 17/49 | €228,986 | €203,898 | -€25,088 | -11.0% |
| Amounts payable after more than one year | 17 | €162,124 | €147,003 | -€15,121 | -9.3% |
| Financial debts | 170/4 | €162,124 | €147,003 | -€15,121 | -9.3% |
| Amounts payable within one year | 42/48 | €66,861 | €56,895 | -€9,966 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €17,819 | €15,121 | -€2,698 | -15.1% |
| Trade debts | 44 | €17,614 | €16,868 | -€746 | -4.2% |
| Suppliers | 440/4 | €17,614 | €16,868 | -€746 | -4.2% |
| Taxes, remuneration and social security | 45 | €31,428 | €24,905 | -€6,523 | -20.8% |
| Taxes | 450/3 | €24,352 | €19,770 | -€4,582 | -18.8% |
| Remuneration and social security | 454/9 | €7,076 | €5,135 | -€1,940 | -27.4% |
| Remuneration, social security and pensions | 62 | €85,759 | €79,984 | -€5,775 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,614 | €22,851 | +€2,237 | +10.9% |
| Other operating charges | 640/8 | €1,901 | €1,869 | -€32 | -1.7% |
| Gross operating margin | 9900 | €156,771 | €121,078 | -€35,693 | -22.8% |
| Operating profit (loss) | 9901 | €48,496 | €16,374 | -€32,123 | -66.2% |
| Financial income | 75/76B | €7,568 | €7,374 | -€194 | -2.6% |
| Recurring financial income | 75 | €7,568 | €7,374 | -€194 | -2.6% |
| Financial charges | 65/66B | €4,272 | €3,589 | -€683 | -16.0% |
| Recurring financial charges | 65 | €4,272 | €3,589 | -€683 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €51,793 | €20,159 | -€31,634 | -61.1% |
| Income taxes | 67/77 | €9,304 | €4,491 | -€4,812 | -51.7% |
| Profit (loss) for the period | 9904 | €42,489 | €15,668 | -€26,821 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,489 | €15,668 | -€26,821 | -63.1% |
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 11 October 2026 via checked.be.