JOMA: 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.
JOMA
Largest movements
- Cash +€65,088
up €65,088 (+153.4%), from €42,430 to €107,519
mainly Net result for the year (+€124,072) and Depreciation (+€94,210)
- Receivables within one year +€58,801
up €58,801 (+139.5%), from €42,155 to €100,956
of which Trade receivables: +€57,743
- Tangible fixed assets -€39,758
down €39,758 (-2.1%), from €1.9m to €1.9m
of which Land and buildings: -€49,677
- Reserves +€122,406
up €122,406 (+12.6%), from €970,408 to €1.1m
of which Distributable reserves: +€124,662
- Debts after one year -€77,339
down €77,339 (-8.0%), from €964,229 to €886,891
of which Financial debts: -€77,339
- Depreciation -€74,019
down €74,019 (-44.0%), from €168,229 to €94,210
- Gross operating margin +€52,897
up €52,897 (+19.5%), from €271,562 to €324,459
- Taxes +€39,136
up €39,136 (+193.2%), from €20,252 to €59,388
- Other operating charges +€4,853
up €4,853 (+27.2%), from €17,848 to €22,701
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 | €2,193,319 | €2,260,034 | +€66,715 | +3.0% |
| Fixed assets | 21/28 | €1,938,872 | €1,899,114 | -€39,758 | -2.1% |
| Tangible fixed assets | 22/27 | €1,938,872 | €1,899,114 | -€39,758 | -2.1% |
| Land and buildings | 22 | €1,936,980 | €1,887,303 | -€49,677 | -2.6% |
| Plant, machinery and equipment | 23 | €1,058 | €11,811 | +€10,753 | +1016.1% |
| Furniture and vehicles | 24 | €833 | €0 | -€833 | -100.0% |
| Current assets | 29/58 | €254,447 | €360,920 | +€106,473 | +41.8% |
| Amounts receivable after more than one year | 29 | €28,862 | €11,827 | -€17,035 | -59.0% |
| Other amounts receivable | 291 | €28,862 | €11,827 | -€17,035 | -59.0% |
| Amounts receivable within one year | 40/41 | €42,155 | €100,956 | +€58,801 | +139.5% |
| Trade receivables | 40 | €16,184 | €73,927 | +€57,743 | +356.8% |
| Other amounts receivable | 41 | €25,972 | €27,029 | +€1,057 | +4.1% |
| Current investments | 50/53 | €136,621 | €136,621 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,430 | €107,519 | +€65,088 | +153.4% |
| Deferred charges and accrued income | 490/1 | €4,378 | €3,997 | -€381 | -8.7% |
| Total equity and liabilities | 10/49 | €2,193,319 | €2,260,034 | +€66,715 | +3.0% |
| Equity | 10/15 | €989,008 | €1,111,414 | +€122,406 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €970,408 | €1,092,814 | +€122,406 | +12.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,495 | €13,238 | -€2,256 | -14.6% |
| Distributable reserves | 133 | €954,913 | €1,079,576 | +€124,662 | +13.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €6,641 | €5,674 | -€967 | -14.6% |
| Deferred taxes | 168 | €6,641 | €5,674 | -€967 | -14.6% |
| Amounts payable | 17/49 | €1,197,670 | €1,142,947 | -€54,724 | -4.6% |
| Amounts payable after more than one year | 17 | €964,229 | €886,891 | -€77,339 | -8.0% |
| Financial debts | 170/4 | €963,229 | €885,891 | -€77,339 | -8.0% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €180,588 | €216,603 | +€36,015 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €78,345 | €78,391 | +€46 | +0.1% |
| Trade debts | 44 | €462 | €1,210 | +€748 | +162.0% |
| Suppliers | 440/4 | €462 | €1,210 | +€748 | +162.0% |
| Taxes, remuneration and social security | 45 | €12,160 | €30,034 | +€17,874 | +147.0% |
| Taxes | 450/3 | €12,160 | €30,034 | +€17,874 | +147.0% |
| Other amounts payable | 47/48 | €89,621 | €106,968 | +€17,347 | +19.4% |
| Accrued charges and deferred income | 492/3 | €52,854 | €39,453 | -€13,400 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,229 | €94,210 | -€74,019 | -44.0% |
| Other operating charges | 640/8 | €17,848 | €22,701 | +€4,853 | +27.2% |
| Gross operating margin | 9900 | €271,562 | €324,459 | +€52,897 | +19.5% |
| Operating profit (loss) | 9901 | €85,485 | €207,548 | +€122,063 | +142.8% |
| Financial income | 75/76B | €2,616 | €1,845 | -€771 | -29.5% |
| Recurring financial income | 75 | €2,616 | €1,845 | -€771 | -29.5% |
| Financial charges | 65/66B | €27,343 | €26,900 | -€443 | -1.6% |
| Recurring financial charges | 65 | €27,343 | €26,900 | -€443 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €60,758 | €182,493 | +€121,735 | +200.4% |
| Transfer from deferred taxes | 780 | - | €967 | +€967 | |
| Income taxes | 67/77 | €20,252 | €59,388 | +€39,136 | +193.2% |
| Profit (loss) for the period | 9904 | €40,506 | €124,072 | +€83,566 | +206.3% |
| Transfer from tax-exempt reserves | 789 | €3,223 | €2,256 | -€967 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,730 | €126,328 | +€82,599 | +188.9% |
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 4 October 2026 via checked.be.