JEMA PROJECTS: 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 PROJECTS
Largest movements
- Cash -€9,110
down €9,110 (-58.3%), from €15,637 to €6,526
mainly Net result for the year (-€7,068) and Receivables within one year (-€2,607)
- Receivables within one year +€2,607
up €2,607 (+98.6%), from €2,644 to €5,252
- Deferred charges and accrued income -€671
no longer reported in 2025 (was €671)
- Reserves -€7,068
down €7,068 (-49.7%), from €14,213 to €7,146
- Gross operating margin +€12,655
up €12,655 (+64.6%), from -€19,596 to -€6,941
- Purchases and services +€6,941
new in 2025: €6,941
- Other operating charges -€1,114
down €1,114 (-61.4%), from €1,813 to €699
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 | €59,685 | €52,071 | -€7,614 | -12.8% |
| Fixed assets | 21/28 | €733 | €293 | -€440 | -60.0% |
| Tangible fixed assets | 22/27 | €733 | €293 | -€440 | -60.0% |
| Plant, machinery and equipment | 23 | €733 | €293 | -€440 | -60.0% |
| Current assets | 29/58 | €58,952 | €51,778 | -€7,174 | -12.2% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,644 | €5,252 | +€2,607 | +98.6% |
| Other amounts receivable | 41 | €2,644 | €5,252 | +€2,607 | +98.6% |
| Cash at bank and in hand | 54/58 | €15,637 | €6,526 | -€9,110 | -58.3% |
| Deferred charges and accrued income | 490/1 | €671 | - | -€671 | |
| Total equity and liabilities | 10/49 | €59,685 | €52,071 | -€7,614 | -12.8% |
| Equity | 10/15 | €58,213 | €51,146 | -€7,068 | -12.1% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €14,213 | €7,146 | -€7,068 | -49.7% |
| Distributable reserves | 133 | €14,213 | €7,146 | -€7,068 | -49.7% |
| Amounts payable | 17/49 | €1,472 | €926 | -€546 | -37.1% |
| Amounts payable within one year | 42/48 | €1,472 | €926 | -€546 | -37.1% |
| Trade debts | 44 | €1,472 | €926 | -€546 | -37.1% |
| Suppliers | 440/4 | €1,472 | €926 | -€546 | -37.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,941 | +€6,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €440 | €440 | = | 0.0% |
| Other operating charges | 640/8 | €1,813 | €699 | -€1,114 | -61.4% |
| Gross operating margin | 9900 | -€19,596 | -€6,941 | +€12,655 | +64.6% |
| Operating profit (loss) | 9901 | -€21,850 | -€8,081 | +€13,769 | +63.0% |
| Financial income | 75/76B | €1,600 | €1,613 | +€13 | +0.8% |
| Recurring financial income | 75 | €1,600 | €1,613 | +€13 | +0.8% |
| Financial charges | 65/66B | €600 | €600 | = | 0.0% |
| Recurring financial charges | 65 | €600 | €600 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,850 | -€7,068 | +€13,782 | +66.1% |
| Profit (loss) for the period | 9904 | -€20,850 | -€7,068 | +€13,782 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,850 | -€7,068 | +€13,782 | +66.1% |
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 24 October 2026 via checked.be.