JAMJAM: 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.
JAMJAM
Largest movements
- Cash -€18,015
down €18,015 (-54.2%), from €33,216 to €15,201
mainly Tax, wage and social debts (-€10,483) and Receivables within one year (-€9,380)
- Receivables within one year +€9,380
up €9,380 (+11.7%), from €79,902 to €89,283
of which Trade receivables: +€6,841
- Tangible fixed assets -€3,783
down €3,783 (-23.1%), from €16,388 to €12,604
of which Furniture and vehicles: -€3,783
- Tax, wage and social debts -€10,483
down €10,483 (-52.7%), from €19,876 to €9,392
of which Taxes: -€13,083
- Debts after one year -€4,552
down €4,552 (-45.1%), from €10,083 to €5,531
- Profit (loss) carried forward +€3,477
up €3,477 (+3.9%), from €89,261 to €92,738
- Other debts -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin -€45,539
down €45,539 (-82.2%), from €55,415 to €9,876
- Taxes -€8,923
down €8,923 (-89.4%), from €9,984 to €1,060
- Depreciation +€1,254
up €1,254 (+49.6%), from €2,529 to €3,783
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 | €130,147 | €117,759 | -€12,389 | -9.5% |
| Fixed assets | 21/28 | €16,418 | €12,634 | -€3,783 | -23.0% |
| Tangible fixed assets | 22/27 | €16,388 | €12,604 | -€3,783 | -23.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €16,388 | €12,604 | -€3,783 | -23.1% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €113,729 | €105,124 | -€8,605 | -7.6% |
| Amounts receivable within one year | 40/41 | €79,902 | €89,283 | +€9,380 | +11.7% |
| Trade receivables | 40 | €27,671 | €34,511 | +€6,841 | +24.7% |
| Other amounts receivable | 41 | €52,232 | €54,771 | +€2,540 | +4.9% |
| Cash at bank and in hand | 54/58 | €33,216 | €15,201 | -€18,015 | -54.2% |
| Deferred charges and accrued income | 490/1 | €611 | €640 | +€29 | +4.8% |
| Total equity and liabilities | 10/49 | €130,147 | €117,759 | -€12,389 | -9.5% |
| Equity | 10/15 | €91,261 | €94,738 | +€3,477 | +3.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,261 | €92,738 | +€3,477 | +3.9% |
| Amounts payable | 17/49 | €38,887 | €23,021 | -€15,866 | -40.8% |
| Amounts payable after more than one year | 17 | €10,083 | €5,531 | -€4,552 | -45.1% |
| Financial debts | 170/4 | €10,083 | €5,531 | -€4,552 | -45.1% |
| Amounts payable within one year | 42/48 | €28,804 | €17,490 | -€11,313 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €4,386 | €4,552 | +€167 | +3.8% |
| Trade debts | 44 | €2,742 | €3,546 | +€803 | +29.3% |
| Suppliers | 440/4 | €2,742 | €3,546 | +€803 | +29.3% |
| Taxes, remuneration and social security | 45 | €19,876 | €9,392 | -€10,483 | -52.7% |
| Taxes | 450/3 | €19,876 | €6,792 | -€13,083 | -65.8% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,529 | €3,783 | +€1,254 | +49.6% |
| Other operating charges | 640/8 | €315 | €811 | +€496 | +157.7% |
| Gross operating margin | 9900 | €55,415 | €9,876 | -€45,539 | -82.2% |
| Operating profit (loss) | 9901 | €52,571 | €5,281 | -€47,289 | -90.0% |
| Financial charges | 65/66B | €853 | €744 | -€109 | -12.7% |
| Recurring financial charges | 65 | €853 | €744 | -€109 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €51,718 | €4,537 | -€47,181 | -91.2% |
| Income taxes | 67/77 | €9,984 | €1,060 | -€8,923 | -89.4% |
| Profit (loss) for the period | 9904 | €41,734 | €3,477 | -€38,258 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,734 | €3,477 | -€38,258 | -91.7% |
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.