JARMILEO: 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.
JARMILEO
Largest movements
- Tangible fixed assets +€35,706
up €35,706 (+1,304%), from €2,738 to €38,444
- Cash +€8,968
up €8,968 (+70.6%), from €12,701 to €21,669
mainly Net result for the year (+€28,235) and Other debts (+€10,482)
- Receivables within one year +€3,225
up €3,225 (+41.9%), from €7,706 to €10,932
of which Trade receivables: +€3,852
- Stocks and contracts -€1,359
down €1,359 (-12.1%), from €11,237 to €9,878
- Deferred charges and accrued income +€968
up €968 (+178%), from €545 to €1,514
- Profit (loss) carried forward +€28,235
up €28,235 (+618%), from €4,569 to €32,804
- Other debts +€10,482
up €10,482 (+58.2%), from €18,022 to €28,504
- Tax, wage and social debts +€10,288
up €10,288 (+202%), from €5,100 to €15,387
of which Taxes: +€7,850
- Trade debts -€1,500
down €1,500 (-57.7%), from €2,600 to €1,099
- Gross operating margin +€72,345
up €72,345 (+418%), from €17,295 to €89,640
- Staff costs +€33,561
up €33,561 (+310%), from €10,841 to €44,402
- Depreciation +€7,034
up €7,034 (+2,682%), from €262 to €7,296
- Taxes +€6,437
up €6,437 (+418%), from €1,541 to €7,977
- Other operating charges +€1,486
up €1,486 (+2,804%), from €53 to €1,539
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 | €35,290 | €82,799 | +€47,509 | +135% |
| Fixed assets | 21/28 | €3,101 | €38,807 | +€35,706 | +1,152% |
| Tangible fixed assets | 22/27 | €2,738 | €38,444 | +€35,706 | +1,304% |
| Furniture and vehicles | 24 | €2,738 | €38,444 | +€35,706 | +1,304% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €32,190 | €43,992 | +€11,802 | +36.7% |
| Stocks and contracts in progress | 3 | €11,237 | €9,878 | -€1,359 | -12.1% |
| Stocks | 30/36 | €11,237 | €9,878 | -€1,359 | -12.1% |
| Amounts receivable within one year | 40/41 | €7,706 | €10,932 | +€3,225 | +41.9% |
| Trade receivables | 40 | €7,064 | €10,916 | +€3,852 | +54.5% |
| Other amounts receivable | 41 | €643 | €16 | -€627 | -97.5% |
| Cash at bank and in hand | 54/58 | €12,701 | €21,669 | +€8,968 | +70.6% |
| Deferred charges and accrued income | 490/1 | €545 | €1,514 | +€968 | +178% |
| Total equity and liabilities | 10/49 | €35,290 | €82,799 | +€47,509 | +135% |
| Equity | 10/15 | €9,569 | €37,804 | +€28,235 | +295% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,569 | €32,804 | +€28,235 | +618% |
| Amounts payable | 17/49 | €25,721 | €44,995 | +€19,274 | +74.9% |
| Amounts payable within one year | 42/48 | €25,721 | €44,991 | +€19,270 | +74.9% |
| Trade debts | 44 | €2,600 | €1,099 | -€1,500 | -57.7% |
| Suppliers | 440/4 | €2,600 | €1,099 | -€1,500 | -57.7% |
| Taxes, remuneration and social security | 45 | €5,100 | €15,387 | +€10,288 | +202% |
| Taxes | 450/3 | €1,540 | €9,390 | +€7,850 | +510% |
| Remuneration and social security | 454/9 | €3,559 | €5,997 | +€2,438 | +68.5% |
| Other amounts payable | 47/48 | €18,022 | €28,504 | +€10,482 | +58.2% |
| Accrued charges and deferred income | 492/3 | €1 | €4 | +€4 | +584% |
| Remuneration, social security and pensions | 62 | €10,841 | €44,402 | +€33,561 | +310% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €7,296 | +€7,034 | +2,682% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €200 | +€200 | |
| Other operating charges | 640/8 | €53 | €1,539 | +€1,486 | +2,804% |
| Gross operating margin | 9900 | €17,295 | €89,640 | +€72,345 | +418% |
| Operating profit (loss) | 9901 | €6,139 | €36,203 | +€30,064 | +490% |
| Financial income | 75/76B | €2 | €56 | +€54 | +2,416% |
| Recurring financial income | 75 | €2 | €56 | +€54 | +2,416% |
| Financial charges | 65/66B | €31 | €47 | +€16 | +51.2% |
| Recurring financial charges | 65 | €31 | €47 | +€16 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €6,110 | €36,212 | +€30,102 | +493% |
| Income taxes | 67/77 | €1,541 | €7,977 | +€6,437 | +418% |
| Profit (loss) for the period | 9904 | €4,569 | €28,235 | +€23,666 | +518% |
| Profit (loss) for the period to be appropriated | 9905 | €4,569 | €28,235 | +€23,666 | +518% |
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 15 October 2026 via checked.be.