JEMIK: 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.
JEMIK
Largest movements
- Cash -€6,846
down €6,846 (-13.9%), from €49,412 to €42,566
mainly Other debts (-€90,837) and Net result for the year (-€6,459)
- Stocks and contracts +€3,985
up €3,985 (+3.1%), from €128,570 to €132,554
- Other debts -€90,837
down €90,837 (-73.5%), from €123,622 to €32,785
- Current portion of long-term debt +€90,000
new in 2025: €90,000
- Profit (loss) carried forward -€6,459
down €6,459, from €3,184 to -€3,274
- Accrued charges and deferred income +€4,559
up €4,559 (+152.5%), from €2,989 to €7,548
- Gross operating margin -€52,383
down €52,383, from €51,703 to -€679
- Taxes -€7,859
no longer reported in 2025 (was €7,859)
- Financial charges -€1,116
down €1,116 (-17.6%), from €6,329 to €5,213
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 | €180,534 | €177,651 | -€2,883 | -1.6% |
| Formation expenses | 20 | €411 | €206 | -€206 | -50.0% |
| Current assets | 29/58 | €180,122 | €177,445 | -€2,677 | -1.5% |
| Stocks and contracts in progress | 3 | €128,570 | €132,554 | +€3,985 | +3.1% |
| Stocks | 30/36 | €128,570 | €132,554 | +€3,985 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,141 | €2,325 | +€184 | +8.6% |
| Trade receivables | 40 | - | €120 | +€120 | |
| Other amounts receivable | 41 | €2,141 | €2,205 | +€64 | +3.0% |
| Cash at bank and in hand | 54/58 | €49,412 | €42,566 | -€6,846 | -13.9% |
| Total equity and liabilities | 10/49 | €180,534 | €177,651 | -€2,883 | -1.6% |
| Equity | 10/15 | €53,184 | €46,726 | -€6,459 | -12.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,184 | -€3,274 | -€6,459 | |
| Amounts payable | 17/49 | €127,349 | €130,925 | +€3,576 | +2.8% |
| Amounts payable within one year | 42/48 | €124,360 | €123,377 | -€983 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | - | €90,000 | +€90,000 | |
| Trade debts | 44 | €738 | €592 | -€146 | -19.8% |
| Suppliers | 440/4 | €738 | €592 | -€146 | -19.8% |
| Other amounts payable | 47/48 | €123,622 | €32,785 | -€90,837 | -73.5% |
| Accrued charges and deferred income | 492/3 | €2,989 | €7,548 | +€4,559 | +152.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €206 | = | 0.0% |
| Other operating charges | 640/8 | €631 | €575 | -€56 | -8.9% |
| Gross operating margin | 9900 | €51,703 | -€679 | -€52,383 | |
| Operating profit (loss) | 9901 | €50,867 | -€1,460 | -€52,327 | |
| Financial income | 75/76B | €465 | €214 | -€251 | -54.0% |
| Recurring financial income | 75 | €465 | €214 | -€251 | -54.0% |
| Financial charges | 65/66B | €6,329 | €5,213 | -€1,116 | -17.6% |
| Recurring financial charges | 65 | €6,329 | €5,213 | -€1,116 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €45,003 | -€6,459 | -€51,461 | |
| Income taxes | 67/77 | €7,859 | - | -€7,859 | |
| Profit (loss) for the period | 9904 | €37,143 | -€6,459 | -€43,602 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,143 | -€6,459 | -€43,602 |
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 4 October 2026 via checked.be.