JAMSIN: 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.
JAMSIN
Largest movements
- Stocks and contracts +€2,382
up €2,382 (+9.3%), from €25,529 to €27,911
- Cash -€1,949
down €1,949 (-71.5%), from €2,727 to €778
mainly Other debts (-€161,321) and Stocks and contracts (-€2,382)
- Receivables within one year -€1,085
down €1,085 (-25.6%), from €4,234 to €3,149
of which Trade receivables: -€1,074
- Other debts -€161,321
down €161,321 (-85.2%), from €189,423 to €28,103
- Debts after one year +€150,000
up €150,000 (+600.0%), from €25,000 to €175,000
- Profit (loss) carried forward +€7,933
up €7,933 (+3.7%), from -€213,285 to -€205,352
- Trade debts +€1,845
up €1,845 (+26.8%), from €6,876 to €8,722
- Tax, wage and social debts +€513
up €513 (+78.6%), from €653 to €1,166
- Write-downs -€8,365
down €8,365 (-896.9%), from -€933 to -€9,298
- Gross operating margin -€1,853
down €1,853, from €1,567 to -€287
- Other operating charges +€787
new in 2025: €787
- Financial charges -€234
down €234 (-36.9%), from €635 to €401
- Financial income +€109
up €109 (+109490.0%), from €0 to €110
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 | €32,667 | €31,838 | -€829 | -2.5% |
| Current assets | 29/58 | €32,667 | €31,838 | -€829 | -2.5% |
| Stocks and contracts in progress | 3 | €25,529 | €27,911 | +€2,382 | +9.3% |
| Stocks | 30/36 | €25,529 | €27,911 | +€2,382 | +9.3% |
| Amounts receivable within one year | 40/41 | €4,234 | €3,149 | -€1,085 | -25.6% |
| Trade receivables | 40 | €4,223 | €3,149 | -€1,074 | -25.4% |
| Other amounts receivable | 41 | €11 | - | -€11 | |
| Cash at bank and in hand | 54/58 | €2,727 | €778 | -€1,949 | -71.5% |
| Deferred charges and accrued income | 490/1 | €177 | - | -€177 | |
| Total equity and liabilities | 10/49 | €32,667 | €31,838 | -€829 | -2.5% |
| Equity | 10/15 | -€191,285 | -€183,352 | +€7,933 | +4.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,285 | -€205,352 | +€7,933 | +3.7% |
| Amounts payable | 17/49 | €223,952 | €215,190 | -€8,762 | -3.9% |
| Amounts payable after more than one year | 17 | €25,000 | €175,000 | +€150,000 | +600.0% |
| Other amounts payable | 178/9 | €25,000 | €175,000 | +€150,000 | +600.0% |
| Amounts payable within one year | 42/48 | €196,952 | €37,990 | -€158,962 | -80.7% |
| Trade debts | 44 | €6,876 | €8,722 | +€1,845 | +26.8% |
| Suppliers | 440/4 | €6,876 | €8,722 | +€1,845 | +26.8% |
| Taxes, remuneration and social security | 45 | €653 | €1,166 | +€513 | +78.6% |
| Taxes | 450/3 | €653 | €1,166 | +€513 | +78.6% |
| Other amounts payable | 47/48 | €189,423 | €28,103 | -€161,321 | -85.2% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,200 | +€200 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€933 | -€9,298 | -€8,365 | -896.9% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €1,567 | -€287 | -€1,853 | |
| Operating profit (loss) | 9901 | €2,499 | €8,224 | +€5,725 | +229.1% |
| Financial income | 75/76B | €0 | €110 | +€109 | +109490.0% |
| Recurring financial income | 75 | €0 | €110 | +€109 | +109490.0% |
| Financial charges | 65/66B | €635 | €401 | -€234 | -36.9% |
| Recurring financial charges | 65 | €635 | €401 | -€234 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €1,864 | €7,933 | +€6,069 | +325.5% |
| Profit (loss) for the period | 9904 | €1,864 | €7,933 | +€6,069 | +325.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,864 | €7,933 | +€6,069 | +325.5% |
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.