Jamwood: 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.
Jamwood
Largest movements
- Financial fixed assets +€1.0m
up €1.0m (+414%), from €253,160 to €1.3m
- Receivables within one year +€67,900
up €67,900 (+56,116%), from €121 to €68,021
of which Other amounts receivable: +€68,021
- Cash -€29,062
down €29,062 (-11.5%), from €251,911 to €222,848
mainly Investment in fixed assets (net) (-€1.0m) and Contributions, distributions and other (-€217,188)
- Reserves +€528,099
up €528,099 (+148%), from €355,660 to €883,759
- Debts after one year +€351,705
up €351,705 (+653%), from €53,862 to €405,567
- Other debts +€126,844
up €126,844 (+3,802%), from €3,336 to €130,180
- Tax, wage and social debts +€38,778
up €38,778 (+72.9%), from €53,164 to €91,941
- Current portion of long-term debt +€37,683
up €37,683 (+120%), from €31,493 to €69,176
- Financial income +€893,026
up €893,026, from €0 to €893,026
- Taxes +€219,891
up €219,891 (+616%), from €35,671 to €255,562
- Financial charges +€13,398
up €13,398 (+476%), from €2,816 to €16,214
- Gross operating margin -€8,945
down €8,945 (-6.5%), from €138,208 to €129,263
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 | €518,364 | €1,601,276 | +€1.1m | +209% |
| Fixed assets | 21/28 | €266,180 | €1,309,766 | +€1.0m | +392% |
| Tangible fixed assets | 22/27 | €13,020 | €9,765 | -€3,255 | -25.0% |
| Plant, machinery and equipment | 23 | €2,382 | €1,702 | -€681 | -28.6% |
| Furniture and vehicles | 24 | €4,768 | €2,833 | -€1,935 | -40.6% |
| Other tangible fixed assets | 26 | €5,870 | €5,231 | -€639 | -10.9% |
| Financial fixed assets | 28 | €253,160 | €1,300,001 | +€1.0m | +414% |
| Current assets | 29/58 | €252,184 | €291,509 | +€39,326 | +15.6% |
| Amounts receivable within one year | 40/41 | €121 | €68,021 | +€67,900 | +56,116% |
| Trade receivables | 40 | €121 | €0 | -€121 | -100% |
| Other amounts receivable | 41 | - | €68,021 | +€68,021 | |
| Cash at bank and in hand | 54/58 | €251,911 | €222,848 | -€29,062 | -11.5% |
| Deferred charges and accrued income | 490/1 | €152 | €640 | +€488 | +321% |
| Total equity and liabilities | 10/49 | €518,364 | €1,601,276 | +€1.1m | +209% |
| Equity | 10/15 | €374,260 | €902,359 | +€528,099 | +141% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €355,660 | €883,759 | +€528,099 | +148% |
| Distributable reserves | 133 | €355,660 | €883,759 | +€528,099 | +148% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,104 | €698,917 | +€554,812 | +385% |
| Amounts payable after more than one year | 17 | €53,862 | €405,567 | +€351,705 | +653% |
| Financial debts | 170/4 | €53,862 | €405,567 | +€351,705 | +653% |
| Amounts payable within one year | 42/48 | €90,242 | €293,349 | +€203,107 | +225% |
| Current portion of amounts payable after more than one year | 42 | €31,493 | €69,176 | +€37,683 | +120% |
| Trade debts | 44 | €2,250 | €2,052 | -€198 | -8.8% |
| Suppliers | 440/4 | €2,250 | €2,052 | -€198 | -8.8% |
| Taxes, remuneration and social security | 45 | €53,164 | €91,941 | +€38,778 | +72.9% |
| Taxes | 450/3 | €53,164 | €91,941 | +€38,778 | +72.9% |
| Other amounts payable | 47/48 | €3,336 | €130,180 | +€126,844 | +3,802% |
| Non-recurring operating income | 76A | - | €19,189 | +€19,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,454 | €3,255 | -€200 | -5.8% |
| Other operating charges | 640/8 | €1,441 | €1,970 | +€530 | +36.8% |
| Gross operating margin | 9900 | €138,208 | €129,263 | -€8,945 | -6.5% |
| Operating profit (loss) | 9901 | €133,313 | €124,038 | -€9,275 | -7.0% |
| Financial income | 75/76B | €0 | €893,026 | +€893,026 | |
| Recurring financial income | 75 | €0 | €893,026 | +€893,026 | |
| Financial charges | 65/66B | €2,816 | €16,214 | +€13,398 | +476% |
| Recurring financial charges | 65 | €2,816 | €16,214 | +€13,398 | +476% |
| Profit (loss) for the period before taxes | 9903 | €130,497 | €1,000,849 | +€870,353 | +667% |
| Income taxes | 67/77 | €35,671 | €255,562 | +€219,891 | +616% |
| Profit (loss) for the period | 9904 | €94,826 | €745,288 | +€650,462 | +686% |
| Profit (loss) for the period to be appropriated | 9905 | €94,826 | €745,288 | +€650,462 | +686% |
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 20 October 2026 via checked.be.