Jémat: 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.
Jémat
Largest movements
- Stocks and contracts +€73,624
up €73,624 (+80.5%), from €91,435 to €165,059
- Tangible fixed assets -€67,053
down €67,053 (-8.3%), from €806,115 to €739,062
- Cash -€17,813
down €17,813 (-19.3%), from €92,307 to €74,494
mainly Stocks and contracts (-€73,624) and Debts after one year (-€50,768)
- Debts after one year -€50,768
down €50,768 (-9.5%), from €532,839 to €482,071
of which Financial debts: -€34,563
- Profit (loss) carried forward +€49,682
up €49,682 (+82.3%), from €60,363 to €110,044
- Current portion of long-term debt -€16,896
down €16,896 (-22.0%), from €76,638 to €59,742
- Tax, wage and social debts +€14,642
up €14,642 (+33.0%), from €44,351 to €58,993
of which Taxes: +€11,009
- Gross operating margin +€70,095
up €70,095 (+20.3%), from €345,788 to €415,883
- Staff costs +€23,668
up €23,668 (+13.1%), from €181,000 to €204,668
- Taxes +€14,119
up €14,119 (+417.6%), from €3,381 to €17,500
- Other operating charges -€5,308
down €5,308 (-51.1%), from €10,386 to €5,078
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 | €1,033,735 | €1,028,089 | -€5,646 | -0.5% |
| Fixed assets | 21/28 | €806,825 | €741,762 | -€65,063 | -8.1% |
| Intangible fixed assets | 21 | €510 | €2,500 | +€1,989 | +389.8% |
| Tangible fixed assets | 22/27 | €806,115 | €739,062 | -€67,053 | -8.3% |
| Land and buildings | 22 | €530,410 | €498,633 | -€31,776 | -6.0% |
| Plant, machinery and equipment | 23 | €120,375 | €106,119 | -€14,256 | -11.8% |
| Furniture and vehicles | 24 | €44,577 | €43,890 | -€687 | -1.5% |
| Leasing and similar rights | 25 | €110,753 | €90,420 | -€20,333 | -18.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €226,910 | €286,327 | +€59,417 | +26.2% |
| Stocks and contracts in progress | 3 | €91,435 | €165,059 | +€73,624 | +80.5% |
| Stocks | 30/36 | €91,435 | €165,059 | +€73,624 | +80.5% |
| Amounts receivable within one year | 40/41 | €39,276 | €43,234 | +€3,957 | +10.1% |
| Trade receivables | 40 | €23,801 | €41,619 | +€17,818 | +74.9% |
| Other amounts receivable | 41 | €15,475 | €1,615 | -€13,861 | -89.6% |
| Cash at bank and in hand | 54/58 | €92,307 | €74,494 | -€17,813 | -19.3% |
| Deferred charges and accrued income | 490/1 | €3,891 | €3,540 | -€351 | -9.0% |
| Total equity and liabilities | 10/49 | €1,033,735 | €1,028,089 | -€5,646 | -0.5% |
| Equity | 10/15 | €230,823 | €280,504 | +€49,682 | +21.5% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,363 | €110,044 | +€49,682 | +82.3% |
| Amounts payable | 17/49 | €802,912 | €747,585 | -€55,328 | -6.9% |
| Amounts payable after more than one year | 17 | €532,839 | €482,071 | -€50,768 | -9.5% |
| Financial debts | 170/4 | €485,979 | €451,416 | -€34,563 | -7.1% |
| Other amounts payable | 178/9 | €46,860 | €30,655 | -€16,206 | -34.6% |
| Amounts payable within one year | 42/48 | €269,049 | €264,634 | -€4,415 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €76,638 | €59,742 | -€16,896 | -22.0% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €55,311 | €53,150 | -€2,161 | -3.9% |
| Suppliers | 440/4 | €55,311 | €53,150 | -€2,161 | -3.9% |
| Taxes, remuneration and social security | 45 | €44,351 | €58,993 | +€14,642 | +33.0% |
| Taxes | 450/3 | €12,799 | €23,808 | +€11,009 | +86.0% |
| Remuneration and social security | 454/9 | €31,552 | €35,185 | +€3,633 | +11.5% |
| Other amounts payable | 47/48 | €17,749 | €17,749 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,024 | €880 | -€144 | -14.1% |
| Remuneration, social security and pensions | 62 | €181,000 | €204,668 | +€23,668 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,392 | €110,187 | +€1,795 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,206 | €1,582 | -€3,625 | -69.6% |
| Other operating charges | 640/8 | €10,386 | €5,078 | -€5,308 | -51.1% |
| Non-recurring operating charges | 66A | €2,897 | - | -€2,897 | |
| Gross operating margin | 9900 | €345,788 | €415,883 | +€70,095 | +20.3% |
| Operating profit (loss) | 9901 | €37,907 | €94,369 | +€56,462 | +148.9% |
| Financial income | 75/76B | €1,055 | €1,001 | -€54 | -5.2% |
| Recurring financial income | 75 | €1,055 | €1,001 | -€54 | -5.2% |
| Financial charges | 65/66B | €29,388 | €28,188 | -€1,200 | -4.1% |
| Recurring financial charges | 65 | €29,388 | €28,188 | -€1,200 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €9,574 | €67,182 | +€57,608 | +601.7% |
| Income taxes | 67/77 | €3,381 | €17,500 | +€14,119 | +417.6% |
| Profit (loss) for the period | 9904 | €6,193 | €49,682 | +€43,489 | +702.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,193 | €49,682 | +€43,489 | +702.3% |
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.