JAMP: 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.
JAMP
Largest movements
- Tangible fixed assets -€33,008
down €33,008 (-11.8%), from €279,869 to €246,861
of which Land and buildings: -€26,705
- Current investments -€25,027
down €25,027 (-41.9%), from €59,798 to €34,771
- Receivables within one year -€9,476
down €9,476 (-95.0%), from €9,972 to €496
- Cash +€6,008
up €6,008 (+233.0%), from €2,579 to €8,587
mainly Depreciation (+€34,394) and Net result for the year (+€30,892)
- Other debts -€55,349
down €55,349 (-49.9%), from €110,895 to €55,546
- Debts after one year -€34,097
down €34,097 (-20.8%), from €164,159 to €130,061
- Profit (loss) carried forward +€30,892
up €30,892 (+49.4%), from -€62,535 to -€31,642
- Financial income +€12,505
up €12,505 (+793.4%), from €1,576 to €14,081
- Gross operating margin +€6,850
up €6,850 (+12.8%), from €53,366 to €60,217
- Depreciation -€3,397
down €3,397 (-9.0%), from €37,790 to €34,394
- Other operating charges +€1,098
up €1,098 (+36.6%), from €3,001 to €4,099
- Financial charges -€842
down €842 (-15.7%), from €5,362 to €4,520
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 | €355,035 | €292,853 | -€62,183 | -17.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €279,869 | €246,861 | -€33,008 | -11.8% |
| Tangible fixed assets | 22/27 | €279,869 | €246,861 | -€33,008 | -11.8% |
| Land and buildings | 22 | €256,768 | €230,062 | -€26,705 | -10.4% |
| Plant, machinery and equipment | 23 | €2,859 | €2,005 | -€855 | -29.9% |
| Furniture and vehicles | 24 | €18,999 | €13,885 | -€5,114 | -26.9% |
| Other tangible fixed assets | 26 | €1,242 | €909 | -€334 | -26.9% |
| Current assets | 29/58 | €75,167 | €45,992 | -€29,175 | -38.8% |
| Amounts receivable within one year | 40/41 | €9,972 | €496 | -€9,476 | -95.0% |
| Trade receivables | 40 | €9,972 | €496 | -€9,476 | -95.0% |
| Current investments | 50/53 | €59,798 | €34,771 | -€25,027 | -41.9% |
| Cash at bank and in hand | 54/58 | €2,579 | €8,587 | +€6,008 | +233.0% |
| Deferred charges and accrued income | 490/1 | €2,818 | €2,138 | -€680 | -24.1% |
| Total equity and liabilities | 10/49 | €355,035 | €292,853 | -€62,183 | -17.5% |
| Equity | 10/15 | €32,772 | €63,664 | +€30,892 | +94.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,906 | €82,906 | = | 0.0% |
| Distributable reserves | 133 | €82,906 | €82,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,535 | -€31,642 | +€30,892 | +49.4% |
| Amounts payable | 17/49 | €322,264 | €229,189 | -€93,075 | -28.9% |
| Amounts payable after more than one year | 17 | €164,159 | €130,061 | -€34,097 | -20.8% |
| Financial debts | 170/4 | €164,159 | €130,061 | -€34,097 | -20.8% |
| Amounts payable within one year | 42/48 | €154,561 | €97,474 | -€57,087 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €33,305 | €34,097 | +€792 | +2.4% |
| Financial debts | 43 | €461 | - | -€461 | |
| Credit institutions | 430/8 | €461 | - | -€461 | |
| Trade debts | 44 | €5,417 | €3,018 | -€2,399 | -44.3% |
| Suppliers | 440/4 | €5,417 | €3,018 | -€2,399 | -44.3% |
| Taxes, remuneration and social security | 45 | €4,483 | €4,813 | +€330 | +7.4% |
| Taxes | 450/3 | €4,483 | €4,813 | +€330 | +7.4% |
| Other amounts payable | 47/48 | €110,895 | €55,546 | -€55,349 | -49.9% |
| Accrued charges and deferred income | 492/3 | €3,544 | €1,654 | -€1,891 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,790 | €34,394 | -€3,397 | -9.0% |
| Other operating charges | 640/8 | €3,001 | €4,099 | +€1,098 | +36.6% |
| Gross operating margin | 9900 | €53,366 | €60,217 | +€6,850 | +12.8% |
| Operating profit (loss) | 9901 | €12,575 | €21,724 | +€9,149 | +72.8% |
| Financial income | 75/76B | €1,576 | €14,081 | +€12,505 | +793.4% |
| Recurring financial income | 75 | €1,576 | €14,081 | +€12,505 | +793.4% |
| Financial charges | 65/66B | €5,362 | €4,520 | -€842 | -15.7% |
| Recurring financial charges | 65 | €5,362 | €4,520 | -€842 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €8,788 | €31,284 | +€22,496 | +256.0% |
| Income taxes | 67/77 | €346 | €392 | +€46 | +13.2% |
| Profit (loss) for the period | 9904 | €8,442 | €30,892 | +€22,450 | +265.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,442 | €30,892 | +€22,450 | +265.9% |
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 5 October 2026 via checked.be.