JIMF: 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.
JIMF
Largest movements
- Stocks and contracts -€153,873
down €153,873 (-52.2%), from €294,759 to €140,886
- Cash -€50,500
down €50,500 (-69.1%), from €73,038 to €22,537
mainly Debts after one year (-€205,378) and Other debts (-€34,000)
- Debts after one year -€205,378
no longer reported in 2025 (was €205,378)
- Other debts -€34,000
down €34,000 (-25.6%), from €133,057 to €99,057
- Reserves +€22,969
up €22,969 (+124.5%), from €18,451 to €41,420
- Tax, wage and social debts +€7,161
up €7,161 (+103.6%), from €6,911 to €14,072
- Trade debts +€4,475
new in 2025: €4,475
- Financial charges +€1,895
up €1,895 (+11.9%), from €15,895 to €17,790
- Gross operating margin +€1,753
up €1,753 (+3.7%), from €47,716 to €49,469
- Taxes +€1,451
up €1,451 (+21.0%), from €6,911 to €8,362
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 | €367,797 | €163,424 | -€204,373 | -55.6% |
| Current assets | 29/58 | €367,797 | €163,424 | -€204,373 | -55.6% |
| Stocks and contracts in progress | 3 | €294,759 | €140,886 | -€153,873 | -52.2% |
| Stocks | 30/36 | €294,759 | €140,886 | -€153,873 | -52.2% |
| Cash at bank and in hand | 54/58 | €73,038 | €22,537 | -€50,500 | -69.1% |
| Total equity and liabilities | 10/49 | €367,797 | €163,424 | -€204,373 | -55.6% |
| Equity | 10/15 | €22,451 | €45,420 | +€22,969 | +102.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €18,451 | €41,420 | +€22,969 | +124.5% |
| Distributable reserves | 133 | €18,451 | €41,420 | +€22,969 | +124.5% |
| Amounts payable | 17/49 | €345,346 | €118,004 | -€227,342 | -65.8% |
| Amounts payable after more than one year | 17 | €205,378 | - | -€205,378 | |
| Financial debts | 170/4 | €205,378 | - | -€205,378 | |
| Amounts payable within one year | 42/48 | €139,968 | €117,605 | -€22,364 | -16.0% |
| Trade debts | 44 | - | €4,475 | +€4,475 | |
| Suppliers | 440/4 | - | €4,475 | +€4,475 | |
| Taxes, remuneration and social security | 45 | €6,911 | €14,072 | +€7,161 | +103.6% |
| Taxes | 450/3 | €6,911 | €14,072 | +€7,161 | +103.6% |
| Other amounts payable | 47/48 | €133,057 | €99,057 | -€34,000 | -25.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €514 | €400 | -€115 | -22.3% |
| Gross operating margin | 9900 | €47,716 | €49,469 | +€1,753 | +3.7% |
| Operating profit (loss) | 9901 | €47,202 | €49,070 | +€1,868 | +4.0% |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | - | €51 | +€51 | |
| Financial charges | 65/66B | €15,895 | €17,790 | +€1,895 | +11.9% |
| Recurring financial charges | 65 | €15,895 | €17,790 | +€1,895 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €31,307 | €31,331 | +€24 | +0.1% |
| Income taxes | 67/77 | €6,911 | €8,362 | +€1,451 | +21.0% |
| Profit (loss) for the period | 9904 | €24,396 | €22,969 | -€1,427 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,396 | €22,969 | -€1,427 | -5.9% |
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 28 September 2026 via checked.be.