JEMAR & CO: 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.
JEMAR & CO
Largest movements
- Receivables within one year +€120,054
up €120,054 (+36.2%), from €331,622 to €451,676
of which Trade receivables: +€127,172
- Receivables after one year +€100,000
up €100,000 (+47.6%), from €210,000 to €310,000
- Current investments -€64,733
down €64,733 (-100%), from €64,733 to €0
- Tangible fixed assets -€52,996
down €52,996 (-24.6%), from €215,180 to €162,183
of which Furniture and vehicles: -€31,284
- Reserves +€72,995
up €72,995 (+28.3%), from €258,348 to €331,343
of which Distributable reserves: +€72,995
- Debts after one year -€39,676
down €39,676 (-33.1%), from €119,768 to €80,092
- Short-term financial debts +€26,677
up €26,677 (+21.7%), from €122,718 to €149,395
of which Credit institutions: +€26,677
- Trade debts +€26,302
up €26,302 (+28.9%), from €91,140 to €117,442
- Other debts +€25,380
up €25,380 (+159%), from €15,979 to €41,359
- Gross operating margin -€25,978
down €25,978 (-3.8%), from €680,999 to €655,021
- Financial income +€19,681
up €19,681 (+409%), from €4,806 to €24,487
- Staff costs +€13,682
up €13,682 (+2.9%), from €471,079 to €484,761
- Taxes -€6,825
down €6,825 (-12.9%), from €53,045 to €46,221
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 | €946,311 | €1,052,347 | +€106,036 | +11.2% |
| Fixed assets | 21/28 | €215,180 | €162,183 | -€52,996 | -24.6% |
| Tangible fixed assets | 22/27 | €215,180 | €162,183 | -€52,996 | -24.6% |
| Land and buildings | 22 | €158,283 | €135,979 | -€22,304 | -14.1% |
| Plant, machinery and equipment | 23 | €178 | €770 | +€592 | +333% |
| Furniture and vehicles | 24 | €56,719 | €25,435 | -€31,284 | -55.2% |
| Current assets | 29/58 | €731,132 | €890,164 | +€159,032 | +21.8% |
| Amounts receivable after more than one year | 29 | €210,000 | €310,000 | +€100,000 | +47.6% |
| Other amounts receivable | 291 | €210,000 | €310,000 | +€100,000 | +47.6% |
| Amounts receivable within one year | 40/41 | €331,622 | €451,676 | +€120,054 | +36.2% |
| Trade receivables | 40 | €148,822 | €275,994 | +€127,172 | +85.5% |
| Other amounts receivable | 41 | €182,799 | €175,682 | -€7,117 | -3.9% |
| Current investments | 50/53 | €64,733 | €0 | -€64,733 | -100% |
| Cash at bank and in hand | 54/58 | €113,386 | €121,927 | +€8,541 | +7.5% |
| Deferred charges and accrued income | 490/1 | €11,391 | €6,561 | -€4,830 | -42.4% |
| Total equity and liabilities | 10/49 | €946,311 | €1,052,347 | +€106,036 | +11.2% |
| Equity | 10/15 | €381,108 | €454,103 | +€72,995 | +19.2% |
| Contributions | 10/11 | €122,760 | €122,760 | = | 0.0% |
| Capital | 10 | €122,760 | €122,760 | = | 0.0% |
| Issued capital | 100 | €122,760 | €122,760 | = | 0.0% |
| Reserves | 13 | €258,348 | €331,343 | +€72,995 | +28.3% |
| Non-distributable reserves | 130/1 | €12,276 | €12,276 | = | 0.0% |
| Legal reserve | 130 | €5,077 | €5,077 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,199 | €7,199 | = | 0.0% |
| Distributable reserves | 133 | €246,072 | €319,067 | +€72,995 | +29.7% |
| Amounts payable | 17/49 | €565,203 | €598,244 | +€33,041 | +5.8% |
| Amounts payable after more than one year | 17 | €119,768 | €80,092 | -€39,676 | -33.1% |
| Financial debts | 170/4 | €119,768 | €80,092 | -€39,676 | -33.1% |
| Amounts payable within one year | 42/48 | €421,499 | €490,388 | +€68,889 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €62,474 | €44,836 | -€17,638 | -28.2% |
| Financial debts | 43 | €122,718 | €149,395 | +€26,677 | +21.7% |
| Credit institutions | 430/8 | €122,718 | €149,395 | +€26,677 | +21.7% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €91,140 | €117,442 | +€26,302 | +28.9% |
| Suppliers | 440/4 | €91,140 | €117,442 | +€26,302 | +28.9% |
| Taxes, remuneration and social security | 45 | €129,187 | €137,355 | +€8,168 | +6.3% |
| Taxes | 450/3 | €80,403 | €66,271 | -€14,132 | -17.6% |
| Remuneration and social security | 454/9 | €48,784 | €71,085 | +€22,300 | +45.7% |
| Other amounts payable | 47/48 | €15,979 | €41,359 | +€25,380 | +159% |
| Accrued charges and deferred income | 492/3 | €23,936 | €27,764 | +€3,828 | +16.0% |
| Non-recurring operating income | 76A | €26,415 | €1,047 | -€25,368 | -96.0% |
| Remuneration, social security and pensions | 62 | €471,079 | €484,761 | +€13,682 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,784 | €60,071 | -€2,713 | -4.3% |
| Other operating charges | 640/8 | €9,137 | €6,573 | -€2,564 | -28.1% |
| Gross operating margin | 9900 | €680,999 | €655,021 | -€25,978 | -3.8% |
| Operating profit (loss) | 9901 | €137,998 | €103,615 | -€34,383 | -24.9% |
| Financial income | 75/76B | €4,806 | €24,487 | +€19,681 | +409% |
| Recurring financial income | 75 | €4,806 | €24,487 | +€19,681 | +409% |
| Financial charges | 65/66B | €12,772 | €8,887 | -€3,886 | -30.4% |
| Recurring financial charges | 65 | €12,772 | €8,887 | -€3,886 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €130,032 | €119,215 | -€10,816 | -8.3% |
| Income taxes | 67/77 | €53,045 | €46,221 | -€6,825 | -12.9% |
| Profit (loss) for the period | 9904 | €76,986 | €72,995 | -€3,992 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,986 | €72,995 | -€3,992 | -5.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.