JEMIMO: 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.
JEMIMO
Largest movements
- Cash +€2.4m
up €2.4m (+1792.6%), from €131,938 to €2.5m
mainly Net result for the year (+€2.0m) and Investment in fixed assets (net) (+€639,097)
- Financial fixed assets -€639,097
down €639,097 (-18.6%), from €3.4m to €2.8m
- Receivables after one year -€375,000
down €375,000 (-31.6%), from €1.2m to €810,180
- Reserves +€2.0m
up €2.0m (+49.5%), from €4.0m to €6.0m
of which Distributable reserves: +€2.0m
- Debts after one year -€663,816
down €663,816 (-99.1%), from €670,066 to €6,250
- Tax, wage and social debts +€100,231
up €100,231 (+105.6%), from €94,892 to €195,122
of which Taxes: +€146,721
- Short-term financial debts -€100,000
down €100,000 (-50.0%), from €200,000 to €100,000
- Financial income +€2.0m
up €2.0m (+3580.1%), from €55,703 to €2.0m
of which Non-recurring financial income: +€1.9m
- Gross operating margin -€403,571
down €403,571 (-60.6%), from €665,715 to €262,145
- Taxes +€91,367
up €91,367 (+48.6%), from €188,079 to €279,446
- Depreciation +€10,919
up €10,919 (+23.0%), from €47,434 to €58,353
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,948,432 | €7,244,819 | +€1.3m | +21.8% |
| Fixed assets | 21/28 | €4,626,218 | €3,928,768 | -€697,450 | -15.1% |
| Tangible fixed assets | 22/27 | €1,197,910 | €1,139,557 | -€58,353 | -4.9% |
| Land and buildings | 22 | €1,192,210 | €1,135,211 | -€56,999 | -4.8% |
| Plant, machinery and equipment | 23 | €3,937 | €3,740 | -€197 | -5.0% |
| Furniture and vehicles | 24 | €1,764 | €607 | -€1,157 | -65.6% |
| Financial fixed assets | 28 | €3,428,307 | €2,789,210 | -€639,097 | -18.6% |
| Current assets | 29/58 | €1,322,214 | €3,316,052 | +€2.0m | +150.8% |
| Amounts receivable after more than one year | 29 | €1,185,180 | €810,180 | -€375,000 | -31.6% |
| Other amounts receivable | 291 | €1,185,180 | €810,180 | -€375,000 | -31.6% |
| Amounts receivable within one year | 40/41 | €5,096 | €8,864 | +€3,769 | +74.0% |
| Trade receivables | 40 | €507 | €1,912 | +€1,404 | +276.7% |
| Other amounts receivable | 41 | €4,588 | €6,953 | +€2,364 | +51.5% |
| Cash at bank and in hand | 54/58 | €131,938 | €2,497,007 | +€2.4m | +1792.6% |
| Total equity and liabilities | 10/49 | €5,948,432 | €7,244,819 | +€1.3m | +21.8% |
| Equity | 10/15 | €4,722,779 | €6,695,178 | +€2.0m | +41.8% |
| Contributions | 10/11 | €545,937 | €545,937 | = | 0.0% |
| Reserves | 13 | €3,986,806 | €5,959,205 | +€2.0m | +49.5% |
| Tax-exempt reserves | 132 | €522,845 | €484,798 | -€38,046 | -7.3% |
| Distributable reserves | 133 | €3,463,961 | €5,474,407 | +€2.0m | +58.0% |
| Profit (loss) carried forward | 14 | €190,036 | €190,036 | = | 0.0% |
| Provisions and deferred taxes | 16 | €244,848 | €232,166 | -€12,682 | -5.2% |
| Provisions for liabilities and charges | 160/5 | €70,566 | €70,566 | = | 0.0% |
| Pensions and similar obligations | 160 | €70,566 | €70,566 | = | 0.0% |
| Deferred taxes | 168 | €174,282 | €161,599 | -€12,682 | -7.3% |
| Amounts payable | 17/49 | €980,806 | €317,475 | -€663,330 | -67.6% |
| Amounts payable after more than one year | 17 | €670,066 | €6,250 | -€663,816 | -99.1% |
| Financial debts | 170/4 | €670,066 | €6,250 | -€663,816 | -99.1% |
| Amounts payable within one year | 42/48 | €310,740 | €311,225 | +€486 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 43 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Credit institutions | 430/8 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Trade debts | 44 | €848 | €1,103 | +€255 | +30.1% |
| Suppliers | 440/4 | €848 | €1,103 | +€255 | +30.1% |
| Taxes, remuneration and social security | 45 | €94,892 | €195,122 | +€100,231 | +105.6% |
| Taxes | 450/3 | €48,401 | €195,122 | +€146,721 | +303.1% |
| Remuneration and social security | 454/9 | €46,491 | €0 | -€46,491 | -100.0% |
| Non-recurring operating income | 76A | €85,073 | €0 | -€85,073 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,546 | €1,689 | +€143 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,434 | €58,353 | +€10,919 | +23.0% |
| Other operating charges | 640/8 | €6,909 | €2,410 | -€4,498 | -65.1% |
| Non-recurring operating charges | 66A | €3,931 | €0 | -€3,931 | -100.0% |
| Gross operating margin | 9900 | €665,715 | €262,145 | -€403,571 | -60.6% |
| Operating profit (loss) | 9901 | €605,896 | €199,693 | -€406,204 | -67.0% |
| Financial income | 75/76B | €55,703 | €2,049,924 | +€2.0m | +3580.1% |
| Recurring financial income | 75 | €55,703 | €197,234 | +€141,531 | +254.1% |
| Non-recurring financial income | 76B | - | €1,852,690 | +€1.9m | |
| Financial charges | 65/66B | €3,872 | €10,454 | +€6,582 | +170.0% |
| Recurring financial charges | 65 | €3,872 | €10,454 | +€6,582 | +170.0% |
| Profit (loss) for the period before taxes | 9903 | €657,728 | €2,239,163 | +€1.6m | +240.4% |
| Transfer from deferred taxes | 780 | €7,746 | €12,682 | +€4,937 | +63.7% |
| Transfer to deferred taxes | 680 | €21,268 | €0 | -€21,268 | -100.0% |
| Income taxes | 67/77 | €188,079 | €279,446 | +€91,367 | +48.6% |
| Profit (loss) for the period | 9904 | €456,126 | €1,972,400 | +€1.5m | +332.4% |
| Transfer from tax-exempt reserves | 789 | €23,237 | €38,046 | +€14,810 | +63.7% |
| Transfer to tax-exempt reserves | 689 | €63,804 | €0 | -€63,804 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €415,558 | €2,010,446 | +€1.6m | +383.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.