Jema: 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
Jema
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€101,153
2024 · €20,230-€121,384
Equity
€1.1m
2024 · €1.2m-€101,153
Cash
€260,000
2024 · €185,576+€74,425
Balance sheet total
€8.7m
2024 · €9.1m-€433,786
Largest movements
Assets
- Tangible fixed assets -€920,939
down €920,939 (-32.5%), from €2.8m to €1.9m
of which Plant, machinery and equipment: -€718,132
- Financial fixed assets +€250,000
up €250,000 (+7.1%), from €3.5m to €3.8m
of which Affiliated companies: +€3.7m
- Receivables within one year +€189,620
up €189,620 (+7.9%), from €2.4m to €2.6m
of which Other amounts receivable: +€303,483
Equity and liabilities
- Other debts -€233,562
down €233,562 (-9.1%), from €2.6m to €2.3m
- Reserves -€101,153
down €101,153 (-9.4%), from €1.1m to €972,631
Income statement
- Turnover +€2.3m
new in 2025: €2.3m
- Gross operating margin -€1.5m
no longer reported in 2025 (was €1.5m)
- Services and other goods +€767,653
new in 2025: €767,653
- Goods and materials +€194,895
new in 2025: €194,895
- Other operating income +€72,076
new in 2025: €72,076
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
€20,230
Turnover
+€2.3m
Other operating income
+€72,076
Goods and materials
-€194,895
Services and other goods
-€767,653
Staff costs
+€619
Depreciation
+€31,140
Other operating charges
+€22,344
Other operating items
-€1.6m
Financial income
+€685
Financial charges
-€2,686
Taxes
+€5,933
Result 2025
-€101,153
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
+€108,416
Investment
-€3,726
Financing
-€30,265
Cash 2024
€185,576
From operations (derived)
+€108,416
Net result for the year
-€101,153
Depreciation
+€709,323
Receivables within one year
-€189,620
Deferred charges and accrued income
-€7,767
Trade debts
-€18,968
Tax, wage and social debts
-€49,923
Other debts
-€233,562
Accrued charges and deferred income
+€85
Investment (derived)
-€3,726
Investment in fixed assets (net)
-€3,726
Financing
-€30,265
Debts after one year
-€10,163
Current portion of long-term debt
-€20,103
Cash 2025
€260,000
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,129,809 | €8,696,023 | -€433,786 | -4.8% |
| Fixed assets | 21/28 | €6,484,282 | €5,778,685 | -€705,597 | -10.9% |
| Intangible fixed assets | 21 | €136,701 | €102,043 | -€34,658 | -25.4% |
| Tangible fixed assets | 22/27 | €2,837,049 | €1,916,110 | -€920,939 | -32.5% |
| Plant, machinery and equipment | 23 | €1,235,889 | €517,758 | -€718,132 | -58.1% |
| Furniture and vehicles | 24 | €488,904 | €412,486 | -€76,418 | -15.6% |
| Leasing and similar rights | 25 | €1,112,256 | €985,866 | -€126,389 | -11.4% |
| Financial fixed assets | 28 | €3,510,532 | €3,760,532 | +€250,000 | +7.1% |
| Affiliated companies | 280/1 | - | €3,718,032 | +€3.7m | |
| Participating interests | 280 | - | €3,718,032 | +€3.7m | |
| Other financial fixed assets | 284/8 | - | €42,500 | +€42,500 | |
| Shares | 284 | - | €42,500 | +€42,500 | |
| Current assets | 29/58 | €2,645,527 | €2,917,338 | +€271,811 | +10.3% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,407,770 | €2,597,390 | +€189,620 | +7.9% |
| Trade receivables | 40 | €317,525 | €203,662 | -€113,863 | -35.9% |
| Other amounts receivable | 41 | €2,090,245 | €2,393,727 | +€303,483 | +14.5% |
| Cash at bank and in hand | 54/58 | €185,576 | €260,000 | +€74,425 | +40.1% |
| Deferred charges and accrued income | 490/1 | €22,182 | €29,948 | +€7,767 | +35.0% |
| Total equity and liabilities | 10/49 | €9,129,809 | €8,696,023 | -€433,786 | -4.8% |
| Equity | 10/15 | €1,206,616 | €1,105,463 | -€101,153 | -8.4% |
| Contributions | 10/11 | €132,832 | €132,832 | = | 0.0% |
| Reserves | 13 | €1,073,784 | €972,631 | -€101,153 | -9.4% |
| Distributable reserves | 133 | €1,073,784 | €972,631 | -€101,153 | -9.4% |
| Amounts payable | 17/49 | €7,923,193 | €7,590,560 | -€332,632 | -4.2% |
| Amounts payable after more than one year | 17 | €5,082,763 | €5,072,600 | -€10,163 | -0.2% |
| Financial debts | 170/4 | €5,010,163 | €5,000,000 | -€10,163 | -0.2% |
| Leasing and similar obligations | 172 | - | €0 | = | |
| Other loans | 174 | - | €5,000,000 | +€5.0m | |
| Other amounts payable | 178/9 | €72,600 | €72,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,840,337 | €2,517,782 | -€322,555 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €30,265 | €10,163 | -€20,103 | -66.4% |
| Trade debts | 44 | €108,625 | €89,658 | -€18,968 | -17.5% |
| Suppliers | 440/4 | €108,625 | €89,658 | -€18,968 | -17.5% |
| Taxes, remuneration and social security | 45 | €131,417 | €81,494 | -€49,923 | -38.0% |
| Taxes | 450/3 | €74,753 | €19,622 | -€55,130 | -73.8% |
| Remuneration and social security | 454/9 | €56,664 | €61,872 | +€5,208 | +9.2% |
| Other amounts payable | 47/48 | €2,570,030 | €2,336,468 | -€233,562 | -9.1% |
| Accrued charges and deferred income | 492/3 | €93 | €178 | +€85 | +91.6% |
| Operating income | 70/76A | - | €2,414,012 | +€2.4m | |
| Turnover | 70 | - | €2,337,926 | +€2.3m | |
| Other operating income | 74 | - | €72,076 | +€72,076 | |
| Non-recurring operating income | 76A | - | €4,010 | +€4,010 | |
| Operating charges | 60/66A | - | €2,492,111 | +€2.5m | |
| Goods for resale, raw materials and consumables | 60 | - | €194,895 | +€194,895 | |
| Purchases | 600/8 | - | €194,895 | +€194,895 | |
| Services and other goods | 61 | - | €767,653 | +€767,653 | |
| Remuneration, social security and pensions | 62 | €606,836 | €606,217 | -€619 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €740,463 | €709,323 | -€31,140 | -4.2% |
| Other operating charges | 640/8 | €61,517 | €39,173 | -€22,344 | -36.3% |
| Non-recurring operating charges | 66A | - | €174,850 | +€174,850 | |
| Gross operating margin | 9900 | €1,456,033 | - | -€1.5m | |
| Operating profit (loss) | 9901 | €47,217 | -€78,099 | -€125,316 | |
| Financial income | 75/76B | €90,013 | €90,698 | +€685 | +0.8% |
| Recurring financial income | 75 | €90,013 | €90,698 | +€685 | +0.8% |
| Income from current assets | 751 | - | €89,302 | +€89,302 | |
| Other financial income | 752/9 | - | €1,396 | +€1,396 | |
| Financial charges | 65/66B | €111,066 | €113,752 | +€2,686 | +2.4% |
| Recurring financial charges | 65 | €111,066 | €113,752 | +€2,686 | +2.4% |
| Debt charges | 650 | - | €113,752 | +€113,752 | |
| Other financial charges | 652/9 | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €26,164 | -€101,153 | -€127,317 | |
| Income taxes | 67/77 | €5,933 | €0 | -€5,933 | -100.0% |
| Taxes | 670/3 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €20,230 | -€101,153 | -€121,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,230 | -€101,153 | -€121,384 |
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 6 October 2026 via checked.be.