JATMACO: 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
JATMACO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,808
2024 · -€13,924+€17,732
Equity
€1.2m
2024 · €1.2m+€3,808
Cash
€64,431
2024 · €60,062+€4,369
Balance sheet total
€3.0m
2024 · €3.2m-€197,495
Largest movements
Assets
- Intangible fixed assets -€159,426
down €159,426 (-11.0%), from €1.5m to €1.3m
- Receivables within one year -€38,381
down €38,381 (-18.4%), from €208,033 to €169,652
of which Trade receivables: -€40,000
Equity and liabilities
- Debts after one year -€244,286
down €244,286 (-14.7%), from €1.7m to €1.4m
of which Financial debts: -€214,286
Income statement
- Financial charges -€16,351
down €16,351 (-28.5%), from €57,409 to €41,058
- Taxes +€7,589
up €7,589 (+14.7%), from €51,475 to €59,064
- Depreciation -€4,505
down €4,505 (-2.7%), from €169,762 to €165,257
- Services and other goods -€3,863
down €3,863 (-4.0%), from €96,079 to €92,216
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
-€13,924
Other operating income
-€84
Services and other goods
+€3,863
Depreciation
+€4,505
Other operating charges
+€447
Financial income
+€238
Financial charges
+€16,351
Taxes
-€7,589
Result 2025
€3,808
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
+€248,655
Investment
€0
Financing
-€244,286
Cash 2024
€60,062
From operations (derived)
+€248,655
Net result for the year
+€3,808
Depreciation
+€165,257
Receivables within one year
+€38,381
Deferred charges and accrued income
-€1,774
Trade debts
+€358
Tax, wage and social debts
+€9,855
Other debts
+€21,773
Accrued charges and deferred income
+€10,997
Financing
-€244,286
Debts after one year
-€244,286
Cash 2025
€64,431
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,234,223 | €3,036,728 | -€197,495 | -6.1% |
| Fixed assets | 21/28 | €2,966,128 | €2,800,870 | -€165,257 | -5.6% |
| Intangible fixed assets | 21 | €1,452,851 | €1,293,425 | -€159,426 | -11.0% |
| Tangible fixed assets | 22/27 | €13,277 | €7,445 | -€5,832 | -43.9% |
| Furniture and vehicles | 24 | €13,277 | €7,445 | -€5,832 | -43.9% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Affiliated companies | 280/1 | €1,500,000 | €1,500,000 | = | 0.0% |
| Participating interests | 280 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €268,095 | €235,858 | -€32,238 | -12.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €208,033 | €169,652 | -€38,381 | -18.4% |
| Trade receivables | 40 | €170,050 | €130,050 | -€40,000 | -23.5% |
| Other amounts receivable | 41 | €37,983 | €39,602 | +€1,619 | +4.3% |
| Cash at bank and in hand | 54/58 | €60,062 | €64,431 | +€4,369 | +7.3% |
| Deferred charges and accrued income | 490/1 | - | €1,774 | +€1,774 | |
| Total equity and liabilities | 10/49 | €3,234,223 | €3,036,728 | -€197,495 | -6.1% |
| Equity | 10/15 | €1,195,289 | €1,199,097 | +€3,808 | +0.3% |
| Contributions | 10/11 | €1,002,000 | €1,002,000 | = | 0.0% |
| Reserves | 13 | €193,289 | €197,097 | +€3,808 | +2.0% |
| Distributable reserves | 133 | €193,289 | €197,097 | +€3,808 | +2.0% |
| Amounts payable | 17/49 | €2,038,934 | €1,837,631 | -€201,303 | -9.9% |
| Amounts payable after more than one year | 17 | €1,658,143 | €1,413,857 | -€244,286 | -14.7% |
| Financial debts | 170/4 | €742,143 | €527,857 | -€214,286 | -28.9% |
| Subordinated loans | 170 | €260,000 | €260,000 | = | 0.0% |
| Credit institutions | 173 | €482,143 | €267,857 | -€214,286 | -44.4% |
| Other amounts payable | 178/9 | €916,000 | €886,000 | -€30,000 | -3.3% |
| Amounts payable within one year | 42/48 | €353,848 | €385,833 | +€31,985 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €214,286 | €214,286 | = | 0.0% |
| Trade debts | 44 | €4,905 | €5,262 | +€358 | +7.3% |
| Suppliers | 440/4 | €4,905 | €5,262 | +€358 | +7.3% |
| Taxes, remuneration and social security | 45 | €21,144 | €30,999 | +€9,855 | +46.6% |
| Taxes | 450/3 | €21,144 | €30,999 | +€9,855 | +46.6% |
| Other amounts payable | 47/48 | €113,514 | €135,287 | +€21,773 | +19.2% |
| Accrued charges and deferred income | 492/3 | €26,943 | €37,941 | +€10,997 | +40.8% |
| Operating income | 70/76A | €362,568 | €362,484 | -€84 | 0.0% |
| Turnover | 70 | €360,000 | €360,000 | = | 0.0% |
| Other operating income | 74 | €2,568 | €2,484 | -€84 | -3.3% |
| Operating charges | 60/66A | €268,804 | €259,988 | -€8,815 | -3.3% |
| Services and other goods | 61 | €96,079 | €92,216 | -€3,863 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,762 | €165,257 | -€4,505 | -2.7% |
| Other operating charges | 640/8 | €2,963 | €2,516 | -€447 | -15.1% |
| Operating profit (loss) | 9901 | €93,764 | €102,496 | +€8,732 | +9.3% |
| Financial income | 75/76B | €1,197 | €1,435 | +€238 | +19.9% |
| Recurring financial income | 75 | €1,197 | €1,435 | +€238 | +19.9% |
| Income from current assets | 751 | €1,197 | €1,435 | +€238 | +19.9% |
| Financial charges | 65/66B | €57,409 | €41,058 | -€16,351 | -28.5% |
| Recurring financial charges | 65 | €57,409 | €41,058 | -€16,351 | -28.5% |
| Debt charges | 650 | €56,709 | €39,482 | -€17,227 | -30.4% |
| Other financial charges | 652/9 | €700 | €1,576 | +€877 | +125.3% |
| Profit (loss) for the period before taxes | 9903 | €37,552 | €62,872 | +€25,320 | +67.4% |
| Income taxes | 67/77 | €51,475 | €59,064 | +€7,589 | +14.7% |
| Taxes | 670/3 | €51,475 | €59,064 | +€7,589 | +14.7% |
| Profit (loss) for the period | 9904 | -€13,924 | €3,808 | +€17,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,924 | €3,808 | +€17,732 |
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 6 October 2026 via checked.be.