JAPAUMA: 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.
JAPAUMA
Largest movements
- Cash -€6,565
down €6,565 (-70.2%), from €9,350 to €2,785
mainly Other debts (-€4,875) and Deferred charges and accrued income (-€1,913)
- Deferred charges and accrued income +€1,913
up €1,913, from €0 to €1,913
- Other debts -€4,875
down €4,875 (-3.6%), from €136,620 to €131,744
- Gross operating margin +€11,251
up €11,251 (+3454.6%), from €326 to €11,577
- Other operating charges +€11,211
up €11,211 (+7979.2%), from €141 to €11,351
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 | €137,236 | €132,584 | -€4,652 | -3.4% |
| Fixed assets | 21/28 | €127,886 | €127,886 | = | 0.0% |
| Tangible fixed assets | 22/27 | €70,494 | €70,494 | = | 0.0% |
| Land and buildings | 22 | €70,494 | €70,494 | = | 0.0% |
| Financial fixed assets | 28 | €57,392 | €57,392 | = | 0.0% |
| Current assets | 29/58 | €9,350 | €4,698 | -€4,652 | -49.8% |
| Cash at bank and in hand | 54/58 | €9,350 | €2,785 | -€6,565 | -70.2% |
| Deferred charges and accrued income | 490/1 | €0 | €1,913 | +€1,913 | |
| Total equity and liabilities | 10/49 | €137,236 | €132,584 | -€4,652 | -3.4% |
| Equity | 10/15 | €616 | €744 | +€128 | +20.8% |
| Contributions | 10/11 | €260,288 | €260,288 | = | 0.0% |
| Capital | 10 | €260,288 | €260,288 | = | 0.0% |
| Issued capital | 100 | €260,288 | €260,288 | = | 0.0% |
| Reserves | 13 | €6,336 | €6,336 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46 | €46 | = | 0.0% |
| Legal reserve | 130 | €46 | €46 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,411 | €5,411 | = | 0.0% |
| Distributable reserves | 133 | €879 | €879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€266,008 | -€265,880 | +€128 | 0.0% |
| Amounts payable | 17/49 | €136,620 | €131,840 | -€4,780 | -3.5% |
| Amounts payable within one year | 42/48 | €136,620 | €131,840 | -€4,780 | -3.5% |
| Trade debts | 44 | - | €95 | +€95 | |
| Suppliers | 440/4 | - | €95 | +€95 | |
| Other amounts payable | 47/48 | €136,620 | €131,744 | -€4,875 | -3.6% |
| Other operating charges | 640/8 | €141 | €11,351 | +€11,211 | +7979.2% |
| Gross operating margin | 9900 | €326 | €11,577 | +€11,251 | +3454.6% |
| Operating profit (loss) | 9901 | €185 | €225 | +€40 | +21.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €29 | €97 | +€69 | +241.9% |
| Recurring financial charges | 65 | €29 | €97 | +€69 | +241.9% |
| Profit (loss) for the period before taxes | 9903 | €157 | €128 | -€29 | -18.3% |
| Profit (loss) for the period | 9904 | €157 | €128 | -€29 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €157 | €128 | -€29 | -18.3% |
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 9 October 2026 via checked.be.