JASIMMO: 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.
JASIMMO
Largest movements
- Stocks and contracts +€1.0m
up €1.0m (+19.7%), from €5.2m to €6.2m
- Receivables within one year -€888,059
down €888,059 (-92.1%), from €964,086 to €76,026
of which Other amounts receivable: -€705,659
- Tangible fixed assets +€607,251
up €607,251 (+7.7%), from €7.8m to €8.4m
of which Land and buildings: +€607,251
- Cash -€183,733
down €183,733 (-59.4%), from €309,286 to €125,553
mainly Investment in fixed assets (net) (-€1.3m) and Stocks and contracts (-€1.0m)
- Other debts +€892,072
up €892,072 (+15.2%), from €5.9m to €6.8m
- Current portion of long-term debt -€810,361
down €810,361 (-50.4%), from €1.6m to €798,488
- Trade debts +€352,213
up €352,213 (+238.1%), from €147,942 to €500,155
- Advances received +€216,020
up €216,020 (+75.6%), from €285,755 to €501,775
- Financial income +€188,465
up €188,465 (+126.5%), from €149,037 to €337,502
- Financial charges -€61,819
down €61,819 (-26.1%), from €236,613 to €174,794
- Depreciation +€39,947
up €39,947 (+6.3%), from €635,368 to €675,315
- Gross operating margin -€39,590
down €39,590 (-5.9%), from €668,570 to €628,980
- Staff costs -€20,508
down €20,508 (-10.8%), from €189,545 to €169,037
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 | €14,418,762 | €14,944,246 | +€525,483 | +3.6% |
| Fixed assets | 21/28 | €7,880,158 | €8,487,410 | +€607,251 | +7.7% |
| Tangible fixed assets | 22/27 | €7,835,538 | €8,442,789 | +€607,251 | +7.7% |
| Land and buildings | 22 | €7,834,756 | €8,442,007 | +€607,251 | +7.8% |
| Furniture and vehicles | 24 | €782 | €782 | = | 0.0% |
| Financial fixed assets | 28 | €44,621 | €44,621 | = | 0.0% |
| Current assets | 29/58 | €6,538,604 | €6,456,836 | -€81,768 | -1.3% |
| Stocks and contracts in progress | 3 | €5,196,716 | €6,222,670 | +€1.0m | +19.7% |
| Stocks | 30/36 | €5,196,716 | €6,222,670 | +€1.0m | +19.7% |
| Amounts receivable within one year | 40/41 | €964,086 | €76,026 | -€888,059 | -92.1% |
| Trade receivables | 40 | €235,100 | €52,700 | -€182,400 | -77.6% |
| Other amounts receivable | 41 | €728,986 | €23,326 | -€705,659 | -96.8% |
| Cash at bank and in hand | 54/58 | €309,286 | €125,553 | -€183,733 | -59.4% |
| Deferred charges and accrued income | 490/1 | €68,516 | €32,586 | -€35,930 | -52.4% |
| Total equity and liabilities | 10/49 | €14,418,762 | €14,944,246 | +€525,483 | +3.6% |
| Equity | 10/15 | €312,967 | €176,190 | -€136,777 | -43.7% |
| Contributions | 10/11 | €861,973 | €861,973 | = | 0.0% |
| Capital | 10 | €861,973 | €861,973 | = | 0.0% |
| Issued capital | 100 | €861,973 | €861,973 | = | 0.0% |
| Reserves | 13 | €3,277 | €3,277 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,277 | €3,277 | = | 0.0% |
| Legal reserve | 130 | €3,277 | €3,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€552,284 | -€689,061 | -€136,777 | -24.8% |
| Provisions and deferred taxes | 16 | €221,660 | €204,860 | -€16,800 | -7.6% |
| Provisions for liabilities and charges | 160/5 | €221,660 | €204,860 | -€16,800 | -7.6% |
| Environmental obligations | 163 | €221,660 | €204,860 | -€16,800 | -7.6% |
| Amounts payable | 17/49 | €13,884,136 | €14,563,196 | +€679,060 | +4.9% |
| Amounts payable after more than one year | 17 | €5,957,798 | €5,975,388 | +€17,590 | +0.3% |
| Financial debts | 170/4 | €5,957,798 | €5,975,388 | +€17,590 | +0.3% |
| Amounts payable within one year | 42/48 | €7,926,338 | €8,571,087 | +€644,750 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €1,608,849 | €798,488 | -€810,361 | -50.4% |
| Trade debts | 44 | €147,942 | €500,155 | +€352,213 | +238.1% |
| Suppliers | 440/4 | €147,942 | €500,155 | +€352,213 | +238.1% |
| Advances received on contracts in progress | 46 | €285,755 | €501,775 | +€216,020 | +75.6% |
| Taxes, remuneration and social security | 45 | €16,296 | €11,101 | -€5,195 | -31.9% |
| Taxes | 450/3 | - | €83 | +€83 | |
| Remuneration and social security | 454/9 | €16,296 | €11,018 | -€5,278 | -32.4% |
| Other amounts payable | 47/48 | €5,867,496 | €6,759,568 | +€892,072 | +15.2% |
| Accrued charges and deferred income | 492/3 | - | €16,720 | +€16,720 | |
| Non-recurring operating income | 76A | - | €67,450 | +€67,450 | |
| Remuneration, social security and pensions | 62 | €189,545 | €169,037 | -€20,508 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €635,368 | €675,315 | +€39,947 | +6.3% |
| Other operating charges | 640/8 | €70,503 | €79,115 | +€8,613 | +12.2% |
| Gross operating margin | 9900 | €668,570 | €628,980 | -€39,590 | -5.9% |
| Operating profit (loss) | 9901 | -€226,845 | -€294,487 | -€67,641 | -29.8% |
| Financial income | 75/76B | €149,037 | €337,502 | +€188,465 | +126.5% |
| Recurring financial income | 75 | €149,037 | €337,502 | +€188,465 | +126.5% |
| Financial charges | 65/66B | €236,613 | €174,794 | -€61,819 | -26.1% |
| Recurring financial charges | 65 | €236,613 | €174,794 | -€61,819 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | -€314,421 | -€131,779 | +€182,642 | +58.1% |
| Income taxes | 67/77 | €74 | €4,998 | +€4,924 | +6698.5% |
| Profit (loss) for the period | 9904 | -€314,495 | -€136,777 | +€177,718 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€314,495 | -€136,777 | +€177,718 | +56.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.