Jams: 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.
Jams
Largest movements
- Cash -€2,365
down €2,365 (-94.0%), from €2,515 to €150
mainly Net result for the year (-€10,410) and Tax, wage and social debts (-€5,716)
- Tangible fixed assets -€1,606
down €1,606 (-36.9%), from €4,357 to €2,751
of which Furniture and vehicles: -€1,006
- Receivables within one year +€628
up €628 (+160%), from €392 to €1,020
- Other debts +€11,744
up €11,744 (+1,167%), from €1,006 to €12,750
- Profit (loss) carried forward -€10,410
down €10,410 (-29.9%), from -€34,860 to -€45,269
- Tax, wage and social debts -€5,716
down €5,716 (-69.2%), from €8,264 to €2,548
of which Taxes: -€7,636
- Short-term financial debts +€856
up €856 (+364%), from €235 to €1,091
- Trade debts +€203
up €203 (+6.1%), from €3,347 to €3,550
- Gross operating margin -€1,695
down €1,695 (-28.3%), from -€5,989 to -€7,684
- Depreciation -€277
down €277 (-14.7%), from €1,882 to €1,606
- Other operating charges -€105
down €105 (-16.1%), from €652 to €547
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.
Derived cash bridge
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 | €7,809 | €4,486 | -€3,323 | -42.6% |
| Fixed assets | 21/28 | €4,357 | €2,751 | -€1,606 | -36.9% |
| Tangible fixed assets | 22/27 | €4,357 | €2,751 | -€1,606 | -36.9% |
| Land and buildings | 22 | €2,401 | €1,800 | -€600 | -25.0% |
| Furniture and vehicles | 24 | €1,957 | €951 | -€1,006 | -51.4% |
| Current assets | 29/58 | €3,452 | €1,735 | -€1,717 | -49.7% |
| Amounts receivable within one year | 40/41 | €392 | €1,020 | +€628 | +160% |
| Trade receivables | 40 | €392 | €1,020 | +€628 | +160% |
| Cash at bank and in hand | 54/58 | €2,515 | €150 | -€2,365 | -94.0% |
| Deferred charges and accrued income | 490/1 | €545 | €564 | +€19 | +3.5% |
| Total equity and liabilities | 10/49 | €7,809 | €4,486 | -€3,323 | -42.6% |
| Equity | 10/15 | -€24,044 | -€34,453 | -€10,410 | -43.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,616 | €4,616 | = | 0.0% |
| Non-distributable reserves | 130/1 | €121 | €121 | = | 0.0% |
| Reserves not available under the articles | 1311 | €121 | €121 | = | 0.0% |
| Distributable reserves | 133 | €4,495 | €4,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,860 | -€45,269 | -€10,410 | -29.9% |
| Amounts payable | 17/49 | €31,853 | €38,940 | +€7,087 | +22.2% |
| Amounts payable after more than one year | 17 | €19,000 | €19,000 | = | 0.0% |
| Financial debts | 170/4 | €19,000 | €19,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,853 | €19,940 | +€7,087 | +55.1% |
| Financial debts | 43 | €235 | €1,091 | +€856 | +364% |
| Credit institutions | 430/8 | €235 | €1,091 | +€856 | +364% |
| Trade debts | 44 | €3,347 | €3,550 | +€203 | +6.1% |
| Suppliers | 440/4 | €3,347 | €3,550 | +€203 | +6.1% |
| Taxes, remuneration and social security | 45 | €8,264 | €2,548 | -€5,716 | -69.2% |
| Taxes | 450/3 | €7,944 | €308 | -€7,636 | -96.1% |
| Remuneration and social security | 454/9 | €320 | €2,240 | +€1,920 | +600% |
| Other amounts payable | 47/48 | €1,006 | €12,750 | +€11,744 | +1,167% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,882 | €1,606 | -€277 | -14.7% |
| Other operating charges | 640/8 | €652 | €547 | -€105 | -16.1% |
| Gross operating margin | 9900 | -€5,989 | -€7,684 | -€1,695 | -28.3% |
| Operating profit (loss) | 9901 | -€8,524 | -€9,837 | -€1,314 | -15.4% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €247 | €253 | +€6 | +2.6% |
| Recurring financial charges | 65 | €247 | €253 | +€6 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,764 | -€10,091 | -€1,327 | -15.1% |
| Income taxes | 67/77 | €309 | €319 | +€11 | +3.4% |
| Profit (loss) for the period | 9904 | -€9,072 | -€10,410 | -€1,337 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,072 | -€10,410 | -€1,337 | -14.7% |
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 18 October 2026 via checked.be.