JOM2L: 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.
JOM2L
Largest movements
- Cash +€142,202
up €142,202 (+13.8%), from €1.0m to €1.2m
mainly Other debts (+€411,774) and Net result for the year (+€116,266)
- Other debts +€411,774
up €411,774 (+153%), from €268,822 to €680,596
- Reserves -€292,070
down €292,070 (-42.7%), from €683,787 to €391,717
- Tax, wage and social debts +€19,871
up €19,871 (+116%), from €17,106 to €36,978
of which Taxes: +€17,646
- Gross operating margin -€29,571
down €29,571 (-13.7%), from €215,931 to €186,360
- Taxes -€10,466
down €10,466 (-17.8%), from €58,944 to €48,477
- Financial charges +€3,885
up €3,885 (+23.7%), from €16,400 to €20,285
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 | €1,060,863 | €1,204,314 | +€143,451 | +13.5% |
| Fixed assets | 21/28 | €833 | €619 | -€214 | -25.7% |
| Tangible fixed assets | 22/27 | €833 | €619 | -€214 | -25.7% |
| Furniture and vehicles | 24 | €833 | €619 | -€214 | -25.7% |
| Current assets | 29/58 | €1,060,030 | €1,203,695 | +€143,665 | +13.6% |
| Amounts receivable within one year | 40/41 | €25,906 | €27,236 | +€1,330 | +5.1% |
| Trade receivables | 40 | €25,761 | €27,153 | +€1,392 | +5.4% |
| Other amounts receivable | 41 | €146 | €83 | -€62 | -42.9% |
| Cash at bank and in hand | 54/58 | €1,034,124 | €1,176,326 | +€142,202 | +13.8% |
| Deferred charges and accrued income | 490/1 | - | €133 | +€133 | |
| Total equity and liabilities | 10/49 | €1,060,863 | €1,204,314 | +€143,451 | +13.5% |
| Equity | 10/15 | €758,645 | €466,575 | -€292,070 | -38.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €683,787 | €391,717 | -€292,070 | -42.7% |
| Distributable reserves | 133 | €683,787 | €391,717 | -€292,070 | -42.7% |
| Profit (loss) carried forward | 14 | €62,458 | €62,458 | = | 0.0% |
| Amounts payable | 17/49 | €302,218 | €737,739 | +€435,522 | +144% |
| Amounts payable within one year | 42/48 | €286,249 | €717,832 | +€431,582 | +151% |
| Trade debts | 44 | €321 | €258 | -€63 | -19.6% |
| Suppliers | 440/4 | €321 | €258 | -€63 | -19.6% |
| Taxes, remuneration and social security | 45 | €17,106 | €36,978 | +€19,871 | +116% |
| Taxes | 450/3 | €17,106 | €34,753 | +€17,646 | +103% |
| Remuneration and social security | 454/9 | - | €2,225 | +€2,225 | |
| Other amounts payable | 47/48 | €268,822 | €680,596 | +€411,774 | +153% |
| Accrued charges and deferred income | 492/3 | €15,968 | €19,908 | +€3,940 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €214 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €1,118 | +€613 | +121% |
| Gross operating margin | 9900 | €215,931 | €186,360 | -€29,571 | -13.7% |
| Operating profit (loss) | 9901 | €215,212 | €185,028 | -€30,184 | -14.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.7% |
| Financial charges | 65/66B | €16,400 | €20,285 | +€3,885 | +23.7% |
| Recurring financial charges | 65 | €16,400 | €20,285 | +€3,885 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €198,813 | €164,743 | -€34,070 | -17.1% |
| Income taxes | 67/77 | €58,944 | €48,477 | -€10,466 | -17.8% |
| Profit (loss) for the period | 9904 | €139,869 | €116,266 | -€23,604 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €139,869 | €116,266 | -€23,604 | -16.9% |
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 27 October 2026 via checked.be.