Jelimmo: 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.
Jelimmo
Largest movements
- Tangible fixed assets +€3.2m
up €3.2m (+76.8%), from €4.1m to €7.3m
of which Assets under construction and advance payments: +€3.2m
- Receivables within one year +€226,542
up €226,542 (+485.0%), from €46,708 to €273,250
of which Trade receivables: +€256,343
- Deferred charges and accrued income -€131,988
down €131,988 (-99.8%), from €132,240 to €252
- Debts after one year +€2.9m
up €2.9m (+136.9%), from €2.1m to €5.0m
- Other debts +€837,203
up €837,203 (+265.1%), from €315,826 to €1.2m
- Trade debts -€658,032
down €658,032 (-91.9%), from €715,884 to €57,851
- Current portion of long-term debt +€108,242
up €108,242 (+596.2%), from €18,156 to €126,397
- Financial charges +€144,801
up €144,801 (+516.8%), from €28,017 to €172,818
- Gross operating margin +€59,901
up €59,901 (+26.4%), from €227,254 to €287,154
- Taxes -€24,194
down €24,194 (-75.0%), from €32,250 to €8,056
- Financial income -€4,769
no longer reported in 2025 (was €4,769)
- Depreciation -€3,263
down €3,263 (-12.2%), from €26,754 to €23,491
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 | €4,320,415 | €7,552,622 | +€3.2m | +74.8% |
| Fixed assets | 21/28 | €4,106,238 | €7,260,544 | +€3.2m | +76.8% |
| Tangible fixed assets | 22/27 | €4,106,238 | €7,260,544 | +€3.2m | +76.8% |
| Land and buildings | 22 | €1,255,242 | €1,224,424 | -€30,818 | -2.5% |
| Plant, machinery and equipment | 23 | €35,787 | €31,745 | -€4,042 | -11.3% |
| Assets under construction and advance payments | 27 | €2,815,209 | €6,004,374 | +€3.2m | +113.3% |
| Current assets | 29/58 | €214,176 | €292,078 | +€77,901 | +36.4% |
| Amounts receivable within one year | 40/41 | €46,708 | €273,250 | +€226,542 | +485.0% |
| Trade receivables | 40 | €7,260 | €263,603 | +€256,343 | +3530.9% |
| Other amounts receivable | 41 | €39,448 | €9,647 | -€29,801 | -75.5% |
| Cash at bank and in hand | 54/58 | €35,229 | €18,576 | -€16,653 | -47.3% |
| Deferred charges and accrued income | 490/1 | €132,240 | €252 | -€131,988 | -99.8% |
| Total equity and liabilities | 10/49 | €4,320,415 | €7,552,622 | +€3.2m | +74.8% |
| Equity | 10/15 | €1,089,553 | €1,112,911 | +€23,357 | +2.1% |
| Contributions | 10/11 | €84,494 | €84,494 | = | 0.0% |
| Revaluation surpluses | 12 | €436,144 | €436,144 | = | 0.0% |
| Reserves | 13 | €568,916 | €592,273 | +€23,357 | +4.1% |
| Non-distributable reserves | 130/1 | €5,961 | €5,961 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,961 | €5,961 | = | 0.0% |
| Distributable reserves | 133 | €562,955 | €586,312 | +€23,357 | +4.1% |
| Amounts payable | 17/49 | €3,230,861 | €6,439,711 | +€3.2m | +99.3% |
| Amounts payable after more than one year | 17 | €2,131,561 | €5,048,841 | +€2.9m | +136.9% |
| Financial debts | 170/4 | €2,131,561 | €5,048,841 | +€2.9m | +136.9% |
| Amounts payable within one year | 42/48 | €1,098,002 | €1,387,998 | +€289,996 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €18,156 | €126,397 | +€108,242 | +596.2% |
| Financial debts | 43 | €8,743 | €7,340 | -€1,403 | -16.1% |
| Credit institutions | 430/8 | €8,743 | €7,340 | -€1,403 | -16.1% |
| Trade debts | 44 | €715,884 | €57,851 | -€658,032 | -91.9% |
| Suppliers | 440/4 | €715,884 | €57,851 | -€658,032 | -91.9% |
| Taxes, remuneration and social security | 45 | €39,394 | €43,381 | +€3,987 | +10.1% |
| Taxes | 450/3 | €39,394 | €43,381 | +€3,987 | +10.1% |
| Other amounts payable | 47/48 | €315,826 | €1,153,029 | +€837,203 | +265.1% |
| Accrued charges and deferred income | 492/3 | €1,299 | €2,873 | +€1,574 | +121.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,754 | €23,491 | -€3,263 | -12.2% |
| Other operating charges | 640/8 | €46,639 | €48,063 | +€1,424 | +3.1% |
| Non-recurring operating charges | 66A | €1,612 | €11,368 | +€9,756 | +605.3% |
| Gross operating margin | 9900 | €227,254 | €287,154 | +€59,901 | +26.4% |
| Operating profit (loss) | 9901 | €152,249 | €204,232 | +€51,983 | +34.1% |
| Financial income | 75/76B | €4,769 | - | -€4,769 | |
| Recurring financial income | 75 | €4,769 | - | -€4,769 | |
| Financial charges | 65/66B | €28,017 | €172,818 | +€144,801 | +516.8% |
| Recurring financial charges | 65 | €28,017 | €172,818 | +€144,801 | +516.8% |
| Profit (loss) for the period before taxes | 9903 | €129,001 | €31,413 | -€97,588 | -75.6% |
| Income taxes | 67/77 | €32,250 | €8,056 | -€24,194 | -75.0% |
| Profit (loss) for the period | 9904 | €96,751 | €23,357 | -€73,393 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,751 | €23,357 | -€73,393 | -75.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.