JEMA & COMP: 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 & COMP
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25
2024 · €5,285-€5,260
Equity
€1.3m
2024 · €1.3m+€25
Cash
-
not filed
Balance sheet total
€2.6m
2024 · €2.7m-€51,701
Largest movements
Assets
- Tangible fixed assets -€54,091
down €54,091 (-2.1%), from €2.6m to €2.5m
Equity and liabilities
- Debts after one year -€71,680
down €71,680 (-5.7%), from €1.2m to €1.2m
of which Financial debts: -€71,680
Income statement
- Gross operating margin -€7,430
down €7,430 (-6.8%), from €108,483 to €101,053
- Other operating charges +€5,300
up €5,300 (+28.5%), from €18,610 to €23,910
- Financial charges -€3,427
down €3,427 (-13.5%), from €25,393 to €21,965
- Depreciation -€3,379
down €3,379 (-5.3%), from €63,442 to €60,063
- Taxes -€1,287
down €1,287 (-80.5%), from €1,600 to €313
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
€5,285
Gross operating margin
-€7,430
Depreciation
+€3,379
Other operating charges
-€5,300
Financial income
-€623
Financial charges
+€3,427
Taxes
+€1,287
Result 2025
€25
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,690,203 | €2,638,502 | -€51,701 | -1.9% |
| Fixed assets | 21/28 | €2,585,190 | €2,531,099 | -€54,091 | -2.1% |
| Tangible fixed assets | 22/27 | €2,585,190 | €2,531,099 | -€54,091 | -2.1% |
| Land and buildings | 22 | €1,953,747 | €1,927,653 | -€26,094 | -1.3% |
| Plant, machinery and equipment | 23 | €88,122 | €75,208 | -€12,914 | -14.7% |
| Furniture and vehicles | 24 | €1,912 | €5,992 | +€4,081 | +213.5% |
| Other tangible fixed assets | 26 | €541,410 | €522,245 | -€19,164 | -3.5% |
| Current assets | 29/58 | €105,013 | €107,403 | +€2,390 | +2.3% |
| Amounts receivable after more than one year | 29 | €90,055 | €97,477 | +€7,421 | +8.2% |
| Other amounts receivable | 291 | €90,055 | €97,477 | +€7,421 | +8.2% |
| Amounts receivable within one year | 40/41 | €9,057 | €3,200 | -€5,857 | -64.7% |
| Trade receivables | 40 | €2,132 | - | -€2,132 | |
| Other amounts receivable | 41 | €6,925 | €3,200 | -€3,725 | -53.8% |
| Deferred charges and accrued income | 490/1 | €5,900 | €6,726 | +€826 | +14.0% |
| Total equity and liabilities | 10/49 | €2,690,203 | €2,638,502 | -€51,701 | -1.9% |
| Equity | 10/15 | €1,323,382 | €1,323,406 | +€25 | 0.0% |
| Contributions | 10/11 | €60,219 | €60,219 | = | 0.0% |
| Revaluation surpluses | 12 | €1,245,000 | €1,245,000 | = | 0.0% |
| Reserves | 13 | €144,087 | €144,087 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,022 | €6,022 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,022 | €6,022 | = | 0.0% |
| Tax-exempt reserves | 132 | €124,658 | €124,658 | = | 0.0% |
| Distributable reserves | 133 | €13,407 | €13,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,924 | -€125,900 | +€25 | 0.0% |
| Provisions and deferred taxes | 16 | €39,979 | €39,979 | = | 0.0% |
| Deferred taxes | 168 | €39,979 | €39,979 | = | 0.0% |
| Amounts payable | 17/49 | €1,326,842 | €1,275,116 | -€51,725 | -3.9% |
| Amounts payable after more than one year | 17 | €1,249,259 | €1,177,579 | -€71,680 | -5.7% |
| Financial debts | 170/4 | €874,259 | €802,579 | -€71,680 | -8.2% |
| Other amounts payable | 178/9 | €375,000 | €375,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,029 | €94,780 | +€21,751 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €68,773 | €71,680 | +€2,907 | +4.2% |
| Financial debts | 43 | €1,727 | €8,555 | +€6,828 | +395.3% |
| Credit institutions | 430/8 | €1,727 | €8,555 | +€6,828 | +395.3% |
| Trade debts | 44 | €2,311 | €14,265 | +€11,954 | +517.2% |
| Suppliers | 440/4 | €2,311 | €14,265 | +€11,954 | +517.2% |
| Taxes, remuneration and social security | 45 | €217 | €280 | +€62 | +28.7% |
| Taxes | 450/3 | €217 | €280 | +€62 | +28.7% |
| Accrued charges and deferred income | 492/3 | €4,553 | €2,757 | -€1,796 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,442 | €60,063 | -€3,379 | -5.3% |
| Other operating charges | 640/8 | €18,610 | €23,910 | +€5,300 | +28.5% |
| Gross operating margin | 9900 | €108,483 | €101,053 | -€7,430 | -6.8% |
| Operating profit (loss) | 9901 | €26,431 | €17,080 | -€9,351 | -35.4% |
| Financial income | 75/76B | €5,846 | €5,223 | -€623 | -10.7% |
| Recurring financial income | 75 | €5,846 | €5,223 | -€623 | -10.7% |
| Financial charges | 65/66B | €25,393 | €21,965 | -€3,427 | -13.5% |
| Recurring financial charges | 65 | €25,393 | €21,965 | -€3,427 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €6,885 | €337 | -€6,548 | -95.1% |
| Income taxes | 67/77 | €1,600 | €313 | -€1,287 | -80.5% |
| Profit (loss) for the period | 9904 | €5,285 | €25 | -€5,260 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,285 | €25 | -€5,260 | -99.5% |
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 7 October 2026 via checked.be.