Jammo: 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.
Jammo
Largest movements
- Tangible fixed assets +€31,579
up €31,579 (+184.7%), from €17,097 to €48,676
of which Other tangible fixed assets: +€30,953
- Cash -€20,350
down €20,350 (-36.5%), from €55,776 to €35,426
mainly Contributions, distributions and other (-€120,000) and Investment in fixed assets (net) (-€36,177)
- Receivables within one year +€3,580
up €3,580 (+21.1%), from €16,999 to €20,580
of which Trade receivables: +€1,949
- Other debts +€99,896
up €99,896 (+333.0%), from €30,000 to €129,896
- Reserves -€51,866
down €51,866 (-48.9%), from €106,059 to €54,194
- Tax, wage and social debts -€21,858
down €21,858 (-66.3%), from €32,978 to €11,120
- Debts after one year -€21,104
down €21,104 (-48.5%), from €43,482 to €22,378
- Trade debts +€8,904
up €8,904 (+199.7%), from €4,458 to €13,362
- Financial income +€27,764
up €27,764 (+1123.3%), from €2,472 to €30,236
- Gross operating margin -€27,729
down €27,729 (-31.8%), from €87,075 to €59,347
- Taxes -€8,088
down €8,088 (-35.2%), from €22,983 to €14,895
- Depreciation +€3,501
up €3,501 (+318.9%), from €1,098 to €4,598
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 | €242,975 | €257,053 | +€14,078 | +5.8% |
| Fixed assets | 21/28 | €167,097 | €198,676 | +€31,579 | +18.9% |
| Tangible fixed assets | 22/27 | €17,097 | €48,676 | +€31,579 | +184.7% |
| Plant, machinery and equipment | 23 | €308 | €1,310 | +€1,002 | +325.5% |
| Furniture and vehicles | 24 | €737 | €360 | -€377 | -51.1% |
| Other tangible fixed assets | 26 | €16,052 | €47,006 | +€30,953 | +192.8% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €75,878 | €58,377 | -€17,500 | -23.1% |
| Amounts receivable within one year | 40/41 | €16,999 | €20,580 | +€3,580 | +21.1% |
| Trade receivables | 40 | €13,526 | €15,475 | +€1,949 | +14.4% |
| Other amounts receivable | 41 | €3,473 | €5,105 | +€1,632 | +47.0% |
| Current investments | 50/53 | - | €1,667 | +€1,667 | |
| Cash at bank and in hand | 54/58 | €55,776 | €35,426 | -€20,350 | -36.5% |
| Deferred charges and accrued income | 490/1 | €3,102 | €705 | -€2,397 | -77.3% |
| Total equity and liabilities | 10/49 | €242,975 | €257,053 | +€14,078 | +5.8% |
| Equity | 10/15 | €111,059 | €59,194 | -€51,866 | -46.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €106,059 | €54,194 | -€51,866 | -48.9% |
| Distributable reserves | 133 | €106,059 | €54,194 | -€51,866 | -48.9% |
| Amounts payable | 17/49 | €131,916 | €197,860 | +€65,944 | +50.0% |
| Amounts payable after more than one year | 17 | €43,482 | €22,378 | -€21,104 | -48.5% |
| Financial debts | 170/4 | €43,482 | €22,378 | -€21,104 | -48.5% |
| Amounts payable within one year | 42/48 | €88,434 | €175,482 | +€87,048 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €20,998 | €21,104 | +€106 | +0.5% |
| Trade debts | 44 | €4,458 | €13,362 | +€8,904 | +199.7% |
| Suppliers | 440/4 | €4,458 | €13,362 | +€8,904 | +199.7% |
| Taxes, remuneration and social security | 45 | €32,978 | €11,120 | -€21,858 | -66.3% |
| Taxes | 450/3 | €32,978 | €11,120 | -€21,858 | -66.3% |
| Other amounts payable | 47/48 | €30,000 | €129,896 | +€99,896 | +333.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,098 | €4,598 | +€3,501 | +318.9% |
| Other operating charges | 640/8 | €386 | €128 | -€258 | -66.9% |
| Gross operating margin | 9900 | €87,075 | €59,347 | -€27,729 | -31.8% |
| Operating profit (loss) | 9901 | €85,591 | €54,620 | -€30,971 | -36.2% |
| Financial income | 75/76B | €2,472 | €30,236 | +€27,764 | +1123.3% |
| Recurring financial income | 75 | €2,472 | €30,236 | +€27,764 | +1123.3% |
| Financial charges | 65/66B | €2,455 | €1,827 | -€628 | -25.6% |
| Recurring financial charges | 65 | €2,455 | €1,827 | -€628 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €85,609 | €83,029 | -€2,579 | -3.0% |
| Income taxes | 67/77 | €22,983 | €14,895 | -€8,088 | -35.2% |
| Profit (loss) for the period | 9904 | €62,625 | €68,134 | +€5,509 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,625 | €68,134 | +€5,509 | +8.8% |
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 3 October 2026 via checked.be.