JEMATECH: 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.
JEMATECH
Largest movements
- Tangible fixed assets +€309,059
up €309,059 (+579.4%), from €53,343 to €362,402
of which Land and buildings: +€324,318
- Receivables within one year +€130,190
up €130,190 (+259.1%), from €50,245 to €180,435
of which Trade receivables: +€111,718
- Cash +€9,379
up €9,379 (+8.2%), from €114,363 to €123,742
mainly Debts after one year (+€278,409) and Trade debts (+€85,947)
- Debts after one year +€278,409
up €278,409 (+2809.0%), from €9,911 to €288,320
- Trade debts +€85,947
up €85,947 (+594.6%), from €14,453 to €100,401
- Reserves +€70,314
up €70,314 (+38.0%), from €185,101 to €255,415
- Current portion of long-term debt +€13,763
up €13,763 (+291.7%), from €4,719 to €18,481
- Depreciation +€23,582
up €23,582 (+126.8%), from €18,604 to €42,187
- Gross operating margin +€16,489
up €16,489 (+14.3%), from €115,129 to €131,618
- Taxes -€4,378
down €4,378 (-22.7%), from €19,308 to €14,930
- Financial charges +€1,851
up €1,851 (+78.7%), from €2,351 to €4,202
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 | €220,886 | €668,396 | +€447,510 | +202.6% |
| Fixed assets | 21/28 | €53,343 | €362,402 | +€309,059 | +579.4% |
| Tangible fixed assets | 22/27 | €53,343 | €362,402 | +€309,059 | +579.4% |
| Land and buildings | 22 | - | €324,318 | +€324,318 | |
| Plant, machinery and equipment | 23 | €6,266 | €5,888 | -€378 | -6.0% |
| Furniture and vehicles | 24 | €34,225 | €25,743 | -€8,482 | -24.8% |
| Leasing and similar rights | 25 | €12,853 | €6,453 | -€6,400 | -49.8% |
| Current assets | 29/58 | €167,543 | €305,994 | +€138,452 | +82.6% |
| Amounts receivable within one year | 40/41 | €50,245 | €180,435 | +€130,190 | +259.1% |
| Trade receivables | 40 | €47,926 | €159,645 | +€111,718 | +233.1% |
| Other amounts receivable | 41 | €2,319 | €20,790 | +€18,471 | +796.6% |
| Cash at bank and in hand | 54/58 | €114,363 | €123,742 | +€9,379 | +8.2% |
| Deferred charges and accrued income | 490/1 | €2,935 | €1,818 | -€1,117 | -38.1% |
| Total equity and liabilities | 10/49 | €220,886 | €668,396 | +€447,510 | +202.6% |
| Equity | 10/15 | €190,101 | €260,415 | +€70,314 | +37.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €185,101 | €255,415 | +€70,314 | +38.0% |
| Distributable reserves | 133 | €185,101 | €255,415 | +€70,314 | +38.0% |
| Amounts payable | 17/49 | €30,785 | €407,981 | +€377,196 | +1225.2% |
| Amounts payable after more than one year | 17 | €9,911 | €288,320 | +€278,409 | +2809.0% |
| Financial debts | 170/4 | €9,911 | €288,320 | +€278,409 | +2809.0% |
| Amounts payable within one year | 42/48 | €20,874 | €118,882 | +€98,008 | +469.5% |
| Current portion of amounts payable after more than one year | 42 | €4,719 | €18,481 | +€13,763 | +291.7% |
| Trade debts | 44 | €14,453 | €100,401 | +€85,947 | +594.6% |
| Suppliers | 440/4 | €14,453 | €100,401 | +€85,947 | +594.6% |
| Taxes, remuneration and social security | 45 | €1,702 | - | -€1,702 | |
| Taxes | 450/3 | €1,702 | - | -€1,702 | |
| Accrued charges and deferred income | 492/3 | - | €779 | +€779 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,604 | €42,187 | +€23,582 | +126.8% |
| Other operating charges | 640/8 | €272 | €319 | +€47 | +17.2% |
| Gross operating margin | 9900 | €115,129 | €131,618 | +€16,489 | +14.3% |
| Operating profit (loss) | 9901 | €96,253 | €89,113 | -€7,140 | -7.4% |
| Financial income | 75/76B | €1,340 | €334 | -€1,007 | -75.1% |
| Recurring financial income | 75 | €1,340 | €334 | -€1,007 | -75.1% |
| Financial charges | 65/66B | €2,351 | €4,202 | +€1,851 | +78.7% |
| Recurring financial charges | 65 | €2,351 | €4,202 | +€1,851 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €95,242 | €85,244 | -€9,998 | -10.5% |
| Income taxes | 67/77 | €19,308 | €14,930 | -€4,378 | -22.7% |
| Profit (loss) for the period | 9904 | €75,934 | €70,314 | -€5,620 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,934 | €70,314 | -€5,620 | -7.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.