Jeames: 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.
Jeames
Largest movements
- Current investments -€488,311
down €488,311 (-92.3%), from €529,287 to €40,976
- Cash +€41,408
up €41,408 (+106.6%), from €38,857 to €80,265
mainly Current investments (+€488,311) and Other debts (+€180,000)
- Reserves -€500,000
down €500,000 (-95.5%), from €523,518 to €23,518
- Other debts +€180,000
new in 2025: €180,000
- Profit (loss) carried forward -€124,149
down €124,149 (-77.1%), from €161,083 to €36,935
- Gross operating margin -€58,358
down €58,358 (-25.6%), from €227,941 to €169,583
- Financial income +€34,355
up €34,355 (+390.2%), from €8,805 to €43,160
- Depreciation -€5,554
down €5,554 (-45.7%), from €12,159 to €6,606
- Financial charges +€4,686
up €4,686, from -€4,589 to €97
- Taxes -€3,983
down €3,983 (-7.6%), from €52,316 to €48,332
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 | €701,109 | €250,223 | -€450,886 | -64.3% |
| Fixed assets | 21/28 | €32,298 | €25,692 | -€6,606 | -20.5% |
| Tangible fixed assets | 22/27 | €11,505 | €4,900 | -€6,606 | -57.4% |
| Plant, machinery and equipment | 23 | €5,579 | €4,900 | -€679 | -12.2% |
| Furniture and vehicles | 24 | €5,926 | €0 | -€5,926 | -100.0% |
| Financial fixed assets | 28 | €20,792 | €20,792 | = | 0.0% |
| Current assets | 29/58 | €668,811 | €224,531 | -€444,280 | -66.4% |
| Amounts receivable after more than one year | 29 | €32,211 | €32,842 | +€632 | +2.0% |
| Other amounts receivable | 291 | €32,211 | €32,842 | +€632 | +2.0% |
| Amounts receivable within one year | 40/41 | €66,665 | €69,311 | +€2,646 | +4.0% |
| Trade receivables | 40 | €17,094 | €17,015 | -€79 | -0.5% |
| Other amounts receivable | 41 | €49,571 | €52,296 | +€2,725 | +5.5% |
| Current investments | 50/53 | €529,287 | €40,976 | -€488,311 | -92.3% |
| Cash at bank and in hand | 54/58 | €38,857 | €80,265 | +€41,408 | +106.6% |
| Deferred charges and accrued income | 490/1 | €1,791 | €1,137 | -€654 | -36.5% |
| Total equity and liabilities | 10/49 | €701,109 | €250,223 | -€450,886 | -64.3% |
| Equity | 10/15 | €688,601 | €64,453 | -€624,149 | -90.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €523,518 | €23,518 | -€500,000 | -95.5% |
| Distributable reserves | 133 | €523,518 | €23,518 | -€500,000 | -95.5% |
| Profit (loss) carried forward | 14 | €161,083 | €36,935 | -€124,149 | -77.1% |
| Amounts payable | 17/49 | €12,507 | €185,770 | +€173,263 | +1385.3% |
| Amounts payable within one year | 42/48 | €12,401 | €185,770 | +€173,368 | +1398.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €927 | +€927 | |
| Credit institutions | 430/8 | - | €927 | +€927 | |
| Trade debts | 44 | €6,409 | €1,485 | -€4,924 | -76.8% |
| Suppliers | 440/4 | €6,409 | €1,485 | -€4,924 | -76.8% |
| Taxes, remuneration and social security | 45 | €5,993 | €3,358 | -€2,635 | -44.0% |
| Taxes | 450/3 | €5,993 | €3,358 | -€2,635 | -44.0% |
| Other amounts payable | 47/48 | - | €180,000 | +€180,000 | |
| Accrued charges and deferred income | 492/3 | €106 | €0 | -€106 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,159 | €6,606 | -€5,554 | -45.7% |
| Other operating charges | 640/8 | €1,614 | €1,856 | +€242 | +15.0% |
| Gross operating margin | 9900 | €227,941 | €169,583 | -€58,358 | -25.6% |
| Operating profit (loss) | 9901 | €214,167 | €161,121 | -€53,047 | -24.8% |
| Financial income | 75/76B | €8,805 | €43,160 | +€34,355 | +390.2% |
| Recurring financial income | 75 | €8,805 | €43,160 | +€34,355 | +390.2% |
| Financial charges | 65/66B | -€4,589 | €97 | +€4,686 | |
| Recurring financial charges | 65 | -€4,589 | €97 | +€4,686 | |
| Profit (loss) for the period before taxes | 9903 | €227,561 | €204,184 | -€23,377 | -10.3% |
| Income taxes | 67/77 | €52,316 | €48,332 | -€3,983 | -7.6% |
| Profit (loss) for the period | 9904 | €175,245 | €155,851 | -€19,394 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €175,245 | €155,851 | -€19,394 | -11.1% |
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.