JARIMMO: 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.
What changed
JARIMMO
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€343,682
2024 · -€280,162-€63,520
Equity
€2.1m
2024 · €3.1m-€967,439
Cash
€65,123
2024 · -+€65,123
Balance sheet total
€9.7m
2024 · €11.6m-€1.9m
Largest movements
Assets
- Tangible fixed assets -€1.8m
down €1.8m (-16.7%), from €10.5m to €8.8m
of which Land and buildings: -€1.8m
- Financial fixed assets -€350,000
down €350,000 (-87.4%), from €400,408 to €50,408
- Receivables within one year +€193,417
up €193,417 (+38.8%), from €497,863 to €691,280
of which Other amounts receivable: +€179,114
Equity and liabilities
- Debts after one year -€1.2m
down €1.2m (-17.6%), from €7.1m to €5.8m
- Contributions -€500,000
down €500,000 (-49.0%), from €1.0m to €520,000
- Reserves -€468,230
down €468,230 (-16.6%), from €2.8m to €2.4m
of which Tax-exempt reserves: -€722,230
- Other debts +€304,753
up €304,753 (+606.6%), from €50,241 to €354,993
Income statement
- Provisions -€357,162
down €357,162, from €350,000 to -€7,162
- Gross operating margin -€327,568
down €327,568 (-49.6%), from €660,953 to €333,385
- Depreciation -€135,378
down €135,378 (-35.5%), from €381,591 to €246,214
- Write-downs +€104,341
new in 2025: €104,341
- Taxes +€64,704
new in 2025: €64,704
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.
Result 2024
-€280,162
Gross operating margin
-€327,568
Depreciation
+€135,378
Write-downs
-€104,341
Provisions
+€357,162
Other operating charges
-€702
Other operating items
-€197,651
Financial income
-€211
Financial charges
-€31,085
Taxes
-€64,704
Deferred taxes and other
+€170,202
Result 2025
-€343,682
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.
From operations
+€38,589
Investment
+€1.9m
Financing
-€1.9m
Cash 2024
€0
From operations (derived)
+€38,589
Net result for the year
-€343,682
Depreciation
+€246,214
Receivables within one year
-€193,417
Deferred charges and accrued income
+€4,909
Provisions
-€76,024
Trade debts
+€30,757
Tax, wage and social debts
+€65,080
Other debts
+€304,753
Investment (derived)
+€1.9m
Investment in fixed assets (net)
+€1.9m
Current investments
+€12,124
Financing
-€1.9m
Debts after one year
-€1.2m
Current portion of long-term debt
-€5,597
Short-term financial debts
-€2,861
Contributions, distributions and other
-€623,757
Cash 2025
€65,123
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,557,365 | €9,663,051 | -€1.9m | -16.4% |
| Fixed assets | 21/28 | €11,042,469 | €8,906,649 | -€2.1m | -19.3% |
| Intangible fixed assets | 21 | €127,639 | €102,111 | -€25,528 | -20.0% |
| Tangible fixed assets | 22/27 | €10,514,421 | €8,754,129 | -€1.8m | -16.7% |
| Land and buildings | 22 | €9,828,738 | €8,015,130 | -€1.8m | -18.5% |
| Plant, machinery and equipment | 23 | €172,127 | €160,168 | -€11,959 | -6.9% |
| Furniture and vehicles | 24 | €111,029 | €110,292 | -€737 | -0.7% |
| Other tangible fixed assets | 26 | €402,527 | €468,539 | +€66,013 | +16.4% |
| Financial fixed assets | 28 | €400,408 | €50,408 | -€350,000 | -87.4% |
| Current assets | 29/58 | €514,896 | €756,402 | +€241,506 | +46.9% |
| Amounts receivable within one year | 40/41 | €497,863 | €691,280 | +€193,417 | +38.8% |
| Trade receivables | 40 | €1,465 | €15,768 | +€14,302 | +976.0% |
| Other amounts receivable | 41 | €496,398 | €675,512 | +€179,114 | +36.1% |
| Current investments | 50/53 | €12,124 | - | -€12,124 | |
| Cash at bank and in hand | 54/58 | - | €65,123 | +€65,123 | |
| Deferred charges and accrued income | 490/1 | €4,909 | €0 | -€4,909 | -100.0% |
| Total equity and liabilities | 10/49 | €11,557,365 | €9,663,051 | -€1.9m | -16.4% |
| Equity | 10/15 | €3,096,693 | €2,129,254 | -€967,439 | -31.2% |
| Contributions | 10/11 | €1,020,000 | €520,000 | -€500,000 | -49.0% |
| Reserves | 13 | €2,827,578 | €2,359,349 | -€468,230 | -16.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,509,769 | €1,787,539 | -€722,230 | -28.8% |
| Distributable reserves | 133 | €315,809 | €569,809 | +€254,000 | +80.4% |
| Profit (loss) carried forward | 14 | -€750,885 | -€750,094 | +€791 | +0.1% |
| Provisions and deferred taxes | 16 | €1,013,542 | €937,518 | -€76,024 | -7.5% |
| Provisions for liabilities and charges | 160/5 | €350,000 | €342,838 | -€7,162 | -2.0% |
| Other liabilities and charges | 164/5 | €350,000 | €342,838 | -€7,162 | -2.0% |
| Deferred taxes | 168 | €663,542 | €594,680 | -€68,862 | -10.4% |
| Amounts payable | 17/49 | €7,447,130 | €6,596,279 | -€850,851 | -11.4% |
| Amounts payable after more than one year | 17 | €7,066,124 | €5,823,141 | -€1.2m | -17.6% |
| Financial debts | 170/4 | €7,066,124 | €5,823,141 | -€1.2m | -17.6% |
| Amounts payable within one year | 42/48 | €381,006 | €773,138 | +€392,132 | +102.9% |
| Current portion of amounts payable after more than one year | 42 | €318,676 | €313,079 | -€5,597 | -1.8% |
| Financial debts | 43 | €2,861 | €0 | -€2,861 | -100.0% |
| Credit institutions | 430/8 | €2,861 | €0 | -€2,861 | -100.0% |
| Trade debts | 44 | €2,910 | €33,667 | +€30,757 | +1057.1% |
| Suppliers | 440/4 | €2,910 | €33,667 | +€30,757 | +1057.1% |
| Taxes, remuneration and social security | 45 | €6,319 | €71,398 | +€65,080 | +1030.0% |
| Taxes | 450/3 | €6,319 | €71,398 | +€65,080 | +1030.0% |
| Other amounts payable | 47/48 | €50,241 | €354,993 | +€304,753 | +606.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381,591 | €246,214 | -€135,378 | -35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €104,341 | +€104,341 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €350,000 | -€7,162 | -€357,162 | |
| Other operating charges | 640/8 | €35,519 | €36,221 | +€702 | +2.0% |
| Non-recurring operating charges | 66A | - | €197,651 | +€197,651 | |
| Gross operating margin | 9900 | €660,953 | €333,385 | -€327,568 | -49.6% |
| Operating profit (loss) | 9901 | -€106,158 | -€243,879 | -€137,722 | -129.7% |
| Financial income | 75/76B | €21,306 | €21,095 | -€211 | -1.0% |
| Recurring financial income | 75 | €21,306 | €21,095 | -€211 | -1.0% |
| Financial charges | 65/66B | €217,726 | €248,812 | +€31,085 | +14.3% |
| Recurring financial charges | 65 | €217,726 | €248,812 | +€31,085 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€302,578 | -€471,597 | -€169,018 | -55.9% |
| Transfer from deferred taxes | 780 | €22,417 | €192,619 | +€170,202 | +759.3% |
| Income taxes | 67/77 | - | €64,704 | +€64,704 | |
| Profit (loss) for the period | 9904 | -€280,162 | -€343,682 | -€63,520 | -22.7% |
| Transfer from tax-exempt reserves | 789 | €463,272 | €598,473 | +€135,202 | +29.2% |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €183,110 | €254,791 | +€71,681 | +39.1% |
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 11 October 2026 via checked.be.