JEMATON: what changed
What changed
JEMATON
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€306,371
2024 · €53,811+€252,560
Equity
€2.7m
2024 · €2.4m+€305,933
Cash
€35,926
2024 · €65,071-€29,145
Balance sheet total
€6.1m
2024 · €6.1m+€44,010
Largest movements
Assets
- Receivables within one year +€71,193
up €71,193 (+609%), from €11,697 to €82,890
of which Trade receivables: +€82,890
Equity and liabilities
- Profit (loss) carried forward +€305,933
up €305,933 (+12.8%), from €2.4m to €2.7m
- Debts after one year -€193,342
down €193,342 (-23.6%), from €818,423 to €625,081
- Other debts -€73,769
down €73,769 (-2.8%), from €2.6m to €2.5m
Income statement
- Financial income +€147,045
up €147,045 (+65.4%), from €225,000 to €372,045
- Gross operating margin +€77,561
up €77,561 (+148%), from €52,340 to €129,900
- Financial charges -€26,389
down €26,389 (-12.0%), from €220,013 to €193,624
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€53,811
Gross operating margin
+€77,561
Depreciation
+€572
Other operating charges
+€966
Financial income
+€147,045
Financial charges
+€26,389
Taxes
+€28
Result 2025
€306,371
raises the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€162,326
Investment
-€2,170
Financing
-€189,301
Cash 2024
€65,071
From operations (derived)
+€162,326
Net result for the year
+€306,371
Depreciation
+€279
Receivables within one year
-€71,193
Deferred charges and accrued income
-€70
Trade debts
+€3,539
Tax, wage and social debts
-€2,831
Other debts
-€73,769
Investment (derived)
-€2,170
Investment in fixed assets (net)
-€2,170
Financing
-€189,301
Debts after one year
-€193,342
Current portion of long-term debt
+€4,479
Contributions, distributions and other
-€439
Cash 2025
€35,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,083,508 | €6,127,518 | +€44,010 | +0.7% |
| Fixed assets | 21/28 | €6,004,500 | €6,006,391 | +€1,891 | 0.0% |
| Tangible fixed assets | 22/27 | €4,500 | €5,336 | +€836 | +18.6% |
| Furniture and vehicles | 24 | €184 | €1,020 | +€836 | +454% |
| Other tangible fixed assets | 26 | €4,316 | €4,316 | = | 0.0% |
| Financial fixed assets | 28 | €6,000,000 | €6,001,055 | +€1,055 | 0.0% |
| Current assets | 29/58 | €79,008 | €121,127 | +€42,118 | +53.3% |
| Amounts receivable within one year | 40/41 | €11,697 | €82,890 | +€71,193 | +609% |
| Trade receivables | 40 | €0 | €82,890 | +€82,890 | |
| Other amounts receivable | 41 | €11,697 | €0 | -€11,697 | -100% |
| Cash at bank and in hand | 54/58 | €65,071 | €35,926 | -€29,145 | -44.8% |
| Deferred charges and accrued income | 490/1 | €2,241 | €2,311 | +€70 | +3.1% |
| Total equity and liabilities | 10/49 | €6,083,508 | €6,127,518 | +€44,010 | +0.7% |
| Equity | 10/15 | €2,406,499 | €2,712,432 | +€305,933 | +12.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €2,386,039 | €2,691,972 | +€305,933 | +12.8% |
| Amounts payable | 17/49 | €3,677,009 | €3,415,086 | -€261,923 | -7.1% |
| Amounts payable after more than one year | 17 | €818,423 | €625,081 | -€193,342 | -23.6% |
| Financial debts | 170/4 | €818,423 | €625,081 | -€193,342 | -23.6% |
| Amounts payable within one year | 42/48 | €2,858,586 | €2,790,005 | -€68,581 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €188,863 | €193,342 | +€4,479 | +2.4% |
| Trade debts | 44 | €1,744 | €5,283 | +€3,539 | +203% |
| Suppliers | 440/4 | €1,744 | €5,283 | +€3,539 | +203% |
| Taxes, remuneration and social security | 45 | €59,745 | €56,914 | -€2,831 | -4.7% |
| Taxes | 450/3 | €59,745 | €56,914 | -€2,831 | -4.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,608,235 | €2,534,465 | -€73,769 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850 | €279 | -€572 | -67.2% |
| Other operating charges | 640/8 | €2,354 | €1,388 | -€966 | -41.0% |
| Gross operating margin | 9900 | €52,340 | €129,900 | +€77,561 | +148% |
| Operating profit (loss) | 9901 | €49,135 | €128,233 | +€79,098 | +161% |
| Financial income | 75/76B | €225,000 | €372,045 | +€147,045 | +65.4% |
| Recurring financial income | 75 | €225,000 | €372,045 | +€147,045 | +65.4% |
| Financial charges | 65/66B | €220,013 | €193,624 | -€26,389 | -12.0% |
| Recurring financial charges | 65 | €220,013 | €193,624 | -€26,389 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €54,122 | €306,654 | +€252,532 | +467% |
| Income taxes | 67/77 | €311 | €283 | -€28 | -9.0% |
| Profit (loss) for the period | 9904 | €53,811 | €306,371 | +€252,560 | +469% |
| Profit (loss) for the period to be appropriated | 9905 | €53,811 | €306,371 | +€252,560 | +469% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.