JEMA GROUP: what changed
Two financial 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.
JEMA GROUP
Largest movements
- Stocks and contracts +€207,195
up €207,195 (+69.0%), from €300,494 to €507,689
- Deferred charges and accrued income +€61,530
up €61,530 (+2,811%), from €2,189 to €63,719
- Intangible fixed assets +€55,798
up €55,798 (+120%), from €46,667 to €102,465
- Receivables within one year +€34,032
up €34,032 (+13.8%), from €246,007 to €280,039
of which Trade receivables: +€86,710
- Tangible fixed assets +€32,429
up €32,429 (+21.2%), from €152,674 to €185,102
of which Plant, machinery and equipment: +€23,040
- Trade debts +€242,952
up €242,952 (+228%), from €106,366 to €349,318
- Short-term financial debts +€133,046
new in 2025: €133,046
- Reserves +€66,773
up €66,773 (+34.0%), from €196,227 to €263,001
- Debts after one year -€61,650
down €61,650 (-19.2%), from €320,579 to €258,928
- Gross operating margin +€152,099
up €152,099 (+40.2%), from €377,991 to €530,090
- Staff costs +€105,870
up €105,870 (+45.2%), from €234,294 to €340,163
- Depreciation +€36,107
up €36,107 (+129%), from €28,097 to €64,204
- Financial charges +€6,151
up €6,151 (+42.5%), from €14,482 to €20,633
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.
Derived cash bridge
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 | €775,214 | €1,162,099 | +€386,885 | +49.9% |
| Fixed assets | 21/28 | €199,340 | €287,567 | +€88,227 | +44.3% |
| Intangible fixed assets | 21 | €46,667 | €102,465 | +€55,798 | +120% |
| Tangible fixed assets | 22/27 | €152,674 | €185,102 | +€32,429 | +21.2% |
| Plant, machinery and equipment | 23 | €38,160 | €61,201 | +€23,040 | +60.4% |
| Furniture and vehicles | 24 | €111,905 | €121,852 | +€9,947 | +8.9% |
| Other tangible fixed assets | 26 | €2,609 | €2,050 | -€559 | -21.4% |
| Current assets | 29/58 | €575,874 | €874,532 | +€298,658 | +51.9% |
| Stocks and contracts in progress | 3 | €300,494 | €507,689 | +€207,195 | +69.0% |
| Stocks | 30/36 | €300,494 | €507,689 | +€207,195 | +69.0% |
| Amounts receivable within one year | 40/41 | €246,007 | €280,039 | +€34,032 | +13.8% |
| Trade receivables | 40 | €187,713 | €274,424 | +€86,710 | +46.2% |
| Other amounts receivable | 41 | €58,294 | €5,615 | -€52,679 | -90.4% |
| Cash at bank and in hand | 54/58 | €27,183 | €23,085 | -€4,098 | -15.1% |
| Deferred charges and accrued income | 490/1 | €2,189 | €63,719 | +€61,530 | +2,811% |
| Total equity and liabilities | 10/49 | €775,214 | €1,162,099 | +€386,885 | +49.9% |
| Equity | 10/15 | €202,619 | €269,392 | +€66,773 | +33.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €196,227 | €263,001 | +€66,773 | +34.0% |
| Distributable reserves | 133 | €196,227 | €263,001 | +€66,773 | +34.0% |
| Profit (loss) carried forward | 14 | €195 | €195 | = | 0.0% |
| Amounts payable | 17/49 | €572,595 | €892,706 | +€320,111 | +55.9% |
| Amounts payable after more than one year | 17 | €320,579 | €258,928 | -€61,650 | -19.2% |
| Financial debts | 170/4 | €320,579 | €258,928 | -€61,650 | -19.2% |
| Amounts payable within one year | 42/48 | €252,016 | €632,542 | +€380,526 | +151% |
| Current portion of amounts payable after more than one year | 42 | €40,399 | €43,172 | +€2,773 | +6.9% |
| Financial debts | 43 | - | €133,046 | +€133,046 | |
| Credit institutions | 430/8 | - | €133,046 | +€133,046 | |
| Trade debts | 44 | €106,366 | €349,318 | +€242,952 | +228% |
| Suppliers | 440/4 | €106,366 | €349,318 | +€242,952 | +228% |
| Advances received on contracts in progress | 46 | €8,271 | €8,610 | +€339 | +4.1% |
| Taxes, remuneration and social security | 45 | €90,389 | €80,635 | -€9,754 | -10.8% |
| Taxes | 450/3 | €50,792 | €26,281 | -€24,512 | -48.3% |
| Remuneration and social security | 454/9 | €39,597 | €54,354 | +€14,757 | +37.3% |
| Other amounts payable | 47/48 | €6,592 | €17,761 | +€11,170 | +169% |
| Accrued charges and deferred income | 492/3 | - | €1,236 | +€1,236 | |
| Non-recurring operating income | 76A | €309 | - | -€309 | |
| Remuneration, social security and pensions | 62 | €234,294 | €340,163 | +€105,870 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,097 | €64,204 | +€36,107 | +129% |
| Other operating charges | 640/8 | €1,172 | €2,645 | +€1,473 | +126% |
| Gross operating margin | 9900 | €377,991 | €530,090 | +€152,099 | +40.2% |
| Operating profit (loss) | 9901 | €114,428 | €123,077 | +€8,649 | +7.6% |
| Financial income | 75/76B | €1,848 | €1,667 | -€181 | -9.8% |
| Recurring financial income | 75 | €1,848 | €1,667 | -€181 | -9.8% |
| Financial charges | 65/66B | €14,482 | €20,633 | +€6,151 | +42.5% |
| Recurring financial charges | 65 | €14,482 | €20,633 | +€6,151 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €101,794 | €104,110 | +€2,317 | +2.3% |
| Income taxes | 67/77 | €37,788 | €37,337 | -€452 | -1.2% |
| Profit (loss) for the period | 9904 | €64,005 | €66,773 | +€2,768 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,005 | €66,773 | +€2,768 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.