JEMISOL MONTAGE: 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.
JEMISOL MONTAGE
Largest movements
- Receivables within one year +€423,684
up €423,684 (+116%), from €366,192 to €789,876
of which Trade receivables: +€427,827
- Tangible fixed assets -€84,662
down €84,662 (-34.3%), from €246,864 to €162,202
of which Leasing and similar rights: -€70,972
- Cash +€19,870
up €19,870 (+22.7%), from €87,449 to €107,318
mainly Net result for the year (+€206,650) and Trade debts (+€105,732)
- Profit (loss) carried forward +€206,650
up €206,650 (+66.7%), from -€309,990 to -€103,340
- Trade debts +€105,732
up €105,732 (+52.8%), from €200,226 to €305,958
- Debts after one year +€102,403
up €102,403 (+44.1%), from €231,987 to €334,390
of which Other amounts payable: +€120,000
- Current portion of long-term debt -€70,738
down €70,738 (-80.1%), from €88,335 to €17,597
- Tax, wage and social debts +€27,477
up €27,477 (+87.1%), from €31,543 to €59,020
of which Taxes: +€27,006
- Gross operating margin +€322,531
up €322,531 (+33.1%), from €975,760 to €1.3m
- Staff costs +€199,634
up €199,634 (+25.0%), from €798,872 to €998,506
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.
Derived cash bridge
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 | €710,161 | €1,063,124 | +€352,963 | +49.7% |
| Fixed assets | 21/28 | €249,848 | €165,187 | -€84,662 | -33.9% |
| Tangible fixed assets | 22/27 | €246,864 | €162,202 | -€84,662 | -34.3% |
| Plant, machinery and equipment | 23 | €33,658 | €26,658 | -€7,000 | -20.8% |
| Furniture and vehicles | 24 | €10,671 | €3,982 | -€6,690 | -62.7% |
| Leasing and similar rights | 25 | €202,535 | €131,563 | -€70,972 | -35.0% |
| Financial fixed assets | 28 | €2,984 | €2,984 | = | 0.0% |
| Current assets | 29/58 | €460,313 | €897,938 | +€437,625 | +95.1% |
| Amounts receivable within one year | 40/41 | €366,192 | €789,876 | +€423,684 | +116% |
| Trade receivables | 40 | €362,048 | €789,876 | +€427,827 | +118% |
| Other amounts receivable | 41 | €4,143 | - | -€4,143 | |
| Cash at bank and in hand | 54/58 | €87,449 | €107,318 | +€19,870 | +22.7% |
| Deferred charges and accrued income | 490/1 | €6,673 | €743 | -€5,929 | -88.9% |
| Total equity and liabilities | 10/49 | €710,161 | €1,063,124 | +€352,963 | +49.7% |
| Equity | 10/15 | €15,010 | €221,660 | +€206,650 | +1,377% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Capital | 10 | €325,000 | €325,000 | = | 0.0% |
| Issued capital | 100 | €325,000 | €325,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,990 | -€103,340 | +€206,650 | +66.7% |
| Amounts payable | 17/49 | €695,151 | €841,464 | +€146,313 | +21.0% |
| Amounts payable after more than one year | 17 | €231,987 | €334,390 | +€102,403 | +44.1% |
| Financial debts | 170/4 | €31,987 | €14,390 | -€17,597 | -55.0% |
| Other amounts payable | 178/9 | €200,000 | €320,000 | +€120,000 | +60.0% |
| Amounts payable within one year | 42/48 | €461,604 | €507,074 | +€45,470 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €88,335 | €17,597 | -€70,738 | -80.1% |
| Trade debts | 44 | €200,226 | €305,958 | +€105,732 | +52.8% |
| Suppliers | 440/4 | €200,226 | €305,958 | +€105,732 | +52.8% |
| Taxes, remuneration and social security | 45 | €31,543 | €59,020 | +€27,477 | +87.1% |
| Taxes | 450/3 | €10,421 | €37,427 | +€27,006 | +259% |
| Remuneration and social security | 454/9 | €21,122 | €21,593 | +€471 | +2.2% |
| Other amounts payable | 47/48 | €141,500 | €124,500 | -€17,000 | -12.0% |
| Accrued charges and deferred income | 492/3 | €1,560 | - | -€1,560 | |
| Remuneration, social security and pensions | 62 | €798,872 | €998,506 | +€199,634 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,756 | €84,662 | +€906 | +1.1% |
| Other operating charges | 640/8 | €2,744 | €1,830 | -€914 | -33.3% |
| Non-recurring operating charges | 66A | - | €4,093 | +€4,093 | |
| Gross operating margin | 9900 | €975,760 | €1,298,291 | +€322,531 | +33.1% |
| Operating profit (loss) | 9901 | €90,388 | €209,200 | +€118,812 | +131% |
| Financial income | 75/76B | €1 | €201 | +€200 | +31,302% |
| Recurring financial income | 75 | €1 | €201 | +€200 | +31,302% |
| Financial charges | 65/66B | €9,309 | €2,143 | -€7,166 | -77.0% |
| Recurring financial charges | 65 | €9,309 | €2,143 | -€7,166 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €81,080 | €207,258 | +€126,178 | +156% |
| Income taxes | 67/77 | €594 | €608 | +€14 | +2.4% |
| Profit (loss) for the period | 9904 | €80,486 | €206,650 | +€126,164 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €80,486 | €206,650 | +€126,164 | +157% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.