JEMAKOR: 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.
JEMAKOR
Largest movements
- Tangible fixed assets -€9,445
down €9,445 (-37.4%), from €25,242 to €15,797
of which Plant, machinery and equipment: -€6,734
- Cash -€5,344
down €5,344 (-40.3%), from €13,249 to €7,905
mainly Net result for the year (-€13,244) and Current portion of long-term debt (-€3,133)
- Receivables within one year +€1,736
up €1,736 (+36.8%), from €4,711 to €6,446
of which Trade receivables: +€2,352
- Intangible fixed assets -€1,500
down €1,500 (-48.0%), from €3,127 to €1,627
- Profit (loss) carried forward -€13,244
down €13,244 (-30.0%), from €44,127 to €30,883
- Other debts +€3,869
up €3,869 (+51.3%), from €7,548 to €11,417
- Current portion of long-term debt -€3,133
down €3,133 (-72.2%), from €4,339 to €1,207
- Trade debts +€2,471
up €2,471 (+24.6%), from €10,035 to €12,506
- Tax, wage and social debts -€1,881
down €1,881 (-18.1%), from €10,371 to €8,490
of which Taxes: -€2,002
- Gross operating margin -€30,609
down €30,609 (-89.1%), from €34,339 to €3,731
- Staff costs -€24,843
down €24,843 (-90.9%), from €27,329 to €2,486
- Depreciation -€404
down €404 (-3.6%), from €11,350 to €10,945
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 | €89,259 | €75,674 | -€13,585 | -15.2% |
| Fixed assets | 21/28 | €28,370 | €17,425 | -€10,945 | -38.6% |
| Intangible fixed assets | 21 | €3,127 | €1,627 | -€1,500 | -48.0% |
| Tangible fixed assets | 22/27 | €25,242 | €15,797 | -€9,445 | -37.4% |
| Land and buildings | 22 | €1,670 | €1,360 | -€310 | -18.6% |
| Plant, machinery and equipment | 23 | €16,998 | €10,264 | -€6,734 | -39.6% |
| Furniture and vehicles | 24 | €2,378 | €1,518 | -€860 | -36.2% |
| Leasing and similar rights | 25 | €4,197 | €2,656 | -€1,541 | -36.7% |
| Current assets | 29/58 | €60,889 | €58,249 | -€2,640 | -4.3% |
| Stocks and contracts in progress | 3 | €39,643 | €40,246 | +€603 | +1.5% |
| Stocks | 30/36 | €39,643 | €40,246 | +€603 | +1.5% |
| Amounts receivable within one year | 40/41 | €4,711 | €6,446 | +€1,736 | +36.8% |
| Trade receivables | 40 | €2,957 | €5,309 | +€2,352 | +79.5% |
| Other amounts receivable | 41 | €1,754 | €1,137 | -€616 | -35.1% |
| Cash at bank and in hand | 54/58 | €13,249 | €7,905 | -€5,344 | -40.3% |
| Deferred charges and accrued income | 490/1 | €3,286 | €3,651 | +€366 | +11.1% |
| Total equity and liabilities | 10/49 | €89,259 | €75,674 | -€13,585 | -15.2% |
| Equity | 10/15 | €54,127 | €40,883 | -€13,244 | -24.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,127 | €30,883 | -€13,244 | -30.0% |
| Amounts payable | 17/49 | €35,132 | €34,790 | -€341 | -1.0% |
| Amounts payable after more than one year | 17 | €2,838 | €1,171 | -€1,668 | -58.8% |
| Financial debts | 170/4 | €2,838 | €1,171 | -€1,668 | -58.8% |
| Amounts payable within one year | 42/48 | €32,293 | €33,620 | +€1,326 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €4,339 | €1,207 | -€3,133 | -72.2% |
| Trade debts | 44 | €10,035 | €12,506 | +€2,471 | +24.6% |
| Suppliers | 440/4 | €10,035 | €12,506 | +€2,471 | +24.6% |
| Taxes, remuneration and social security | 45 | €10,371 | €8,490 | -€1,881 | -18.1% |
| Taxes | 450/3 | €7,353 | €5,352 | -€2,002 | -27.2% |
| Remuneration and social security | 454/9 | €3,018 | €3,138 | +€121 | +4.0% |
| Other amounts payable | 47/48 | €7,548 | €11,417 | +€3,869 | +51.3% |
| Remuneration, social security and pensions | 62 | €27,329 | €2,486 | -€24,843 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,350 | €10,945 | -€404 | -3.6% |
| Other operating charges | 640/8 | €512 | €570 | +€58 | +11.4% |
| Gross operating margin | 9900 | €34,339 | €3,731 | -€30,609 | -89.1% |
| Operating profit (loss) | 9901 | -€4,851 | -€10,271 | -€5,420 | -111.7% |
| Financial income | 75/76B | €182 | €8 | -€174 | -95.6% |
| Recurring financial income | 75 | €182 | €8 | -€174 | -95.6% |
| Financial charges | 65/66B | €2,961 | €2,921 | -€40 | -1.3% |
| Recurring financial charges | 65 | €2,961 | €2,921 | -€40 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,629 | -€13,184 | -€5,554 | -72.8% |
| Income taxes | 67/77 | €98 | €60 | -€38 | -38.6% |
| Profit (loss) for the period | 9904 | -€7,727 | -€13,244 | -€5,517 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,727 | -€13,244 | -€5,517 | -71.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.