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JASMIC: 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.

What changed

JASMIC

BE 0783.787.516
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€127,696
2024 · €55,080+€72,616
Equity
€188,313
2024 · €60,617+€127,696
Cash
€17,737
2024 · €88,017-€70,280
Balance sheet total
€406,495
2024 · €267,816+€138,679

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€217,465

    up €217,465 (+1480.6%), from €14,688 to €232,153

    of which Other amounts receivable: +€186,821

  • Cash -€70,280

    down €70,280 (-79.8%), from €88,017 to €17,737

    mainly Receivables within one year (-€217,465) and Debts after one year (-€9,113)

  • Tangible fixed assets -€8,519

    down €8,519 (-5.3%), from €162,183 to €153,664

    of which Land and buildings: -€5,936

Equity and liabilities
  • Profit (loss) carried forward +€127,696

    up €127,696 (+252.3%), from €50,617 to €178,313

  • Other debts +€12,471

    up €12,471 (+11.1%), from €111,979 to €124,449

  • Debts after one year -€9,113

    down €9,113 (-11.0%), from €82,707 to €73,595

  • Trade debts +€6,690

    up €6,690 (+271.3%), from €2,465 to €9,155

Income statement
  • Gross operating margin +€99,945

    up €99,945 (+109.9%), from €90,920 to €190,865

  • Taxes +€22,643

    up €22,643 (+154.6%), from €14,645 to €37,288

  • Financial charges +€4,344

    up €4,344 (+110.9%), from €3,916 to €8,259

From the 2024 result to the 2025 result

effect on the 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 €55,080
Gross operating margin +€99,945
Depreciation -€525
Other operating charges -€14
Financial income +€197
Financial charges -€4,344
Taxes -€22,643
Result 2025 €127,696

Cash bridge derived

cash 2024 to 2025

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 -€52,800
Investment -€8,682
Financing -€8,798
Cash 2024 €88,017
Net result for the year +€127,696
Depreciation +€17,201
Receivables within one year -€217,465
Deferred charges and accrued income -€14
Trade debts +€6,690
Tax, wage and social debts +€1,616
Other debts +€12,471
Accrued charges and deferred income -€995
Investment in fixed assets (net) -€8,682
Debts after one year -€9,113
Current portion of long-term debt +€315
Cash 2025 €17,737
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €267,816 €406,495 +€138,679 +51.8%
Fixed assets 21/28 €162,183 €153,664 -€8,519 -5.3%
Tangible fixed assets 22/27 €162,183 €153,664 -€8,519 -5.3%
Land and buildings 22 €128,379 €122,443 -€5,936 -4.6%
Furniture and vehicles 24 €33,804 €31,221 -€2,583 -7.6%
Current assets 29/58 €105,632 €252,830 +€147,198 +139.3%
Amounts receivable within one year 40/41 €14,688 €232,153 +€217,465 +1480.6%
Trade receivables 40 €7,407 €38,051 +€30,644 +413.7%
Other amounts receivable 41 €7,280 €194,101 +€186,821 +2566.1%
Cash at bank and in hand 54/58 €88,017 €17,737 -€70,280 -79.8%
Deferred charges and accrued income 490/1 €2,927 €2,941 +€14 +0.5%
Total equity and liabilities 10/49 €267,816 €406,495 +€138,679 +51.8%
Equity 10/15 €60,617 €188,313 +€127,696 +210.7%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €50,617 €178,313 +€127,696 +252.3%
Amounts payable 17/49 €207,199 €218,182 +€10,983 +5.3%
Amounts payable after more than one year 17 €82,707 €73,595 -€9,113 -11.0%
Financial debts 170/4 €82,707 €73,595 -€9,113 -11.0%
Amounts payable within one year 42/48 €123,496 €144,587 +€21,091 +17.1%
Current portion of amounts payable after more than one year 42 €8,798 €9,113 +€315 +3.6%
Trade debts 44 €2,465 €9,155 +€6,690 +271.3%
Suppliers 440/4 €2,465 €9,155 +€6,690 +271.3%
Taxes, remuneration and social security 45 €254 €1,870 +€1,616 +636.6%
Taxes 450/3 €254 €1,870 +€1,616 +636.6%
Other amounts payable 47/48 €111,979 €124,449 +€12,471 +11.1%
Accrued charges and deferred income 492/3 €995 - -€995
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,676 €17,201 +€525 +3.1%
Other operating charges 640/8 €631 €645 +€14 +2.2%
Gross operating margin 9900 €90,920 €190,865 +€99,945 +109.9%
Operating profit (loss) 9901 €73,612 €173,019 +€99,407 +135.0%
Financial income 75/76B €28 €225 +€197 +694.9%
Recurring financial income 75 €28 €225 +€197 +694.9%
Financial charges 65/66B €3,916 €8,259 +€4,344 +110.9%
Recurring financial charges 65 €3,916 €8,259 +€4,344 +110.9%
Profit (loss) for the period before taxes 9903 €69,725 €164,984 +€95,259 +136.6%
Income taxes 67/77 €14,645 €37,288 +€22,643 +154.6%
Profit (loss) for the period 9904 €55,080 €127,696 +€72,616 +131.8%
Profit (loss) for the period to be appropriated 9905 €55,080 €127,696 +€72,616 +131.8%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.