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JIMCO: 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.

What changed

JIMCO

BE 0807.622.097
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,363
2024 · €11,450-€2,087
Equity
€44,170
2024 · €73,107-€28,937
Cash
€21,737
2024 · €11,639+€10,098
Balance sheet total
€309,906
2024 · €265,480+€44,426

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€30,073

    up €30,073 (+46.0%), from €65,428 to €95,501

    of which Trade receivables: +€26,627

  • Cash +€10,098

    up €10,098 (+86.8%), from €11,639 to €21,737

    mainly Other debts (+€38,301) and Trade debts (+€22,021)

  • Stocks and contracts +€8,125

    new in 2025: €8,125

  • Tangible fixed assets -€6,666

    down €6,666 (-3.6%), from €186,130 to €179,464

    of which Land and buildings: -€9,340

Equity and liabilities
  • Other debts +€38,301

    new in 2025: €38,301

  • Reserves -€28,937

    down €28,937 (-48.8%), from €59,357 to €30,420

  • Trade debts +€22,021

    up €22,021 (+66.9%), from €32,892 to €54,913

  • Tax, wage and social debts +€17,993

    up €17,993 (+3253.0%), from €553 to €18,546

    of which Remuneration and social security: +€14,689

  • Debts after one year -€5,219

    down €5,219 (-3.4%), from €152,855 to €147,637

Income statement
  • Staff costs +€137,065

    up €137,065 (+258.5%), from €53,023 to €190,087

  • Gross operating margin +€136,603

    up €136,603 (+139.8%), from €97,690 to €234,294

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €11,450
Gross operating margin +€136,603
Staff costs -€137,065
Depreciation -€1,599
Other operating charges -€1,560
Financial income +€768
Financial charges +€781
Taxes -€16
Result 2025 €9,363

Cash bridge derived

cash 2024 to 2025

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.

From operations +€63,027
Investment -€9,678
Financing -€43,251
Cash 2024 €11,639
Net result for the year +€9,363
Depreciation +€16,343
Stocks and contracts -€8,125
Receivables within one year -€30,073
Deferred charges and accrued income -€2,796
Trade debts +€22,021
Tax, wage and social debts +€17,993
Other debts +€38,301
Investment in fixed assets (net) -€9,678
Debts after one year -€5,219
Current portion of long-term debt +€268
Contributions, distributions and other -€38,301
Cash 2025 €21,737
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €265,480 €309,906 +€44,426 +16.7%
Fixed assets 21/28 €186,130 €179,464 -€6,666 -3.6%
Tangible fixed assets 22/27 €186,130 €179,464 -€6,666 -3.6%
Land and buildings 22 €176,788 €167,449 -€9,340 -5.3%
Plant, machinery and equipment 23 €2,108 €3,415 +€1,307 +62.0%
Furniture and vehicles 24 €7,233 €8,601 +€1,367 +18.9%
Current assets 29/58 €79,351 €130,442 +€51,092 +64.4%
Stocks and contracts in progress 3 - €8,125 +€8,125
Stocks 30/36 - €8,125 +€8,125
Amounts receivable within one year 40/41 €65,428 €95,501 +€30,073 +46.0%
Trade receivables 40 €25,587 €52,214 +€26,627 +104.1%
Other amounts receivable 41 €39,841 €43,287 +€3,446 +8.6%
Cash at bank and in hand 54/58 €11,639 €21,737 +€10,098 +86.8%
Deferred charges and accrued income 490/1 €2,284 €5,079 +€2,796 +122.4%
Total equity and liabilities 10/49 €265,480 €309,906 +€44,426 +16.7%
Equity 10/15 €73,107 €44,170 -€28,937 -39.6%
Contributions 10/11 €13,750 €13,750 = 0.0%
Reserves 13 €59,357 €30,420 -€28,937 -48.8%
Distributable reserves 133 €59,357 €30,420 -€28,937 -48.8%
Amounts payable 17/49 €192,373 €265,737 +€73,364 +38.1%
Amounts payable after more than one year 17 €152,855 €147,637 -€5,219 -3.4%
Financial debts 170/4 €152,855 €147,637 -€5,219 -3.4%
Amounts payable within one year 42/48 €39,518 €118,100 +€78,582 +198.9%
Current portion of amounts payable after more than one year 42 €6,073 €6,341 +€268 +4.4%
Trade debts 44 €32,892 €54,913 +€22,021 +66.9%
Suppliers 440/4 €32,892 €54,913 +€22,021 +66.9%
Taxes, remuneration and social security 45 €553 €18,546 +€17,993 +3253.0%
Taxes 450/3 €553 €3,856 +€3,303 +597.2%
Remuneration and social security 454/9 - €14,689 +€14,689
Other amounts payable 47/48 - €38,301 +€38,301
Remuneration, social security and pensions 62 €53,023 €190,087 +€137,065 +258.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,744 €16,343 +€1,599 +10.8%
Other operating charges 640/8 €2,188 €3,748 +€1,560 +71.3%
Gross operating margin 9900 €97,690 €234,294 +€136,603 +139.8%
Operating profit (loss) 9901 €27,736 €24,115 -€3,621 -13.1%
Financial income 75/76B €1,440 €2,208 +€768 +53.3%
Recurring financial income 75 €1,440 €2,208 +€768 +53.3%
Financial charges 65/66B €11,795 €11,013 -€781 -6.6%
Recurring financial charges 65 €11,795 €11,013 -€781 -6.6%
Profit (loss) for the period before taxes 9903 €17,381 €15,310 -€2,071 -11.9%
Income taxes 67/77 €5,931 €5,946 +€16 +0.3%
Profit (loss) for the period 9904 €11,450 €9,363 -€2,087 -18.2%
Profit (loss) for the period to be appropriated 9905 €11,450 €9,363 -€2,087 -18.2%

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 29 September 2026 via checked.be.