JOMA: 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.
JOMA
Largest movements
- Tangible fixed assets -€163,651
down €163,651 (-8.6%), from €1.9m to €1.7m
of which Land and buildings: -€132,366
- Cash +€93,903
up €93,903 (+191%), from €49,251 to €143,155
mainly Net result for the year (+€184,734) and Depreciation (+€166,046)
- Receivables within one year +€55,816
up €55,816 (+28.4%), from €196,845 to €252,661
of which Trade receivables: +€56,300
- Profit (loss) carried forward +€165,238
up €165,238, from -€165,206 to €32
- Debts after one year -€142,216
down €142,216 (-10.0%), from €1.4m to €1.3m
- Trade debts -€27,468
down €27,468 (-82.6%), from €33,237 to €5,768
- Other debts -€26,190
down €26,190 (-14.9%), from €176,179 to €149,989
- Gross operating margin +€245,537
up €245,537 (+139%), from €176,193 to €421,731
- Financial charges -€19,265
down €19,265 (-26.8%), from €71,813 to €52,548
- Taxes +€12,747
up €12,747, from -€902 to €11,845
- Depreciation -€4,457
down €4,457 (-2.6%), from €170,502 to €166,046
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 | €2,152,259 | €2,138,328 | -€13,932 | -0.6% |
| Fixed assets | 21/28 | €1,906,163 | €1,742,512 | -€163,651 | -8.6% |
| Tangible fixed assets | 22/27 | €1,906,163 | €1,742,512 | -€163,651 | -8.6% |
| Land and buildings | 22 | €1,783,336 | €1,650,971 | -€132,366 | -7.4% |
| Plant, machinery and equipment | 23 | €2,374 | €1,940 | -€434 | -18.3% |
| Furniture and vehicles | 24 | €120,452 | €89,601 | -€30,851 | -25.6% |
| Current assets | 29/58 | €246,096 | €395,815 | +€149,719 | +60.8% |
| Amounts receivable within one year | 40/41 | €196,845 | €252,661 | +€55,816 | +28.4% |
| Trade receivables | 40 | €196,361 | €252,661 | +€56,300 | +28.7% |
| Other amounts receivable | 41 | €484 | €0 | -€484 | -100% |
| Cash at bank and in hand | 54/58 | €49,251 | €143,155 | +€93,903 | +191% |
| Total equity and liabilities | 10/49 | €2,152,259 | €2,138,328 | -€13,932 | -0.6% |
| Equity | 10/15 | €280,118 | €464,019 | +€183,901 | +65.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €383,323 | €401,987 | +€18,664 | +4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €140,880 | €133,544 | -€7,336 | -5.2% |
| Distributable reserves | 133 | €236,243 | €262,243 | +€26,000 | +11.0% |
| Profit (loss) carried forward | 14 | -€165,206 | €32 | +€165,238 | |
| Provisions and deferred taxes | 16 | €70,948 | €67,866 | -€3,082 | -4.3% |
| Deferred taxes | 168 | €70,948 | €67,866 | -€3,082 | -4.3% |
| Amounts payable | 17/49 | €1,801,194 | €1,606,442 | -€194,752 | -10.8% |
| Amounts payable after more than one year | 17 | €1,427,361 | €1,285,145 | -€142,216 | -10.0% |
| Financial debts | 170/4 | €1,427,361 | €1,285,145 | -€142,216 | -10.0% |
| Amounts payable within one year | 42/48 | €363,163 | €312,972 | -€50,191 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €140,976 | €142,216 | +€1,240 | +0.9% |
| Trade debts | 44 | €33,237 | €5,768 | -€27,468 | -82.6% |
| Suppliers | 440/4 | €33,237 | €5,768 | -€27,468 | -82.6% |
| Taxes, remuneration and social security | 45 | €12,771 | €14,998 | +€2,227 | +17.4% |
| Taxes | 450/3 | €12,771 | €14,998 | +€2,227 | +17.4% |
| Other amounts payable | 47/48 | €176,179 | €149,989 | -€26,190 | -14.9% |
| Accrued charges and deferred income | 492/3 | €10,670 | €8,326 | -€2,344 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,502 | €166,046 | -€4,457 | -2.6% |
| Other operating charges | 640/8 | €8,881 | €9,639 | +€757 | +8.5% |
| Gross operating margin | 9900 | €176,193 | €421,731 | +€245,537 | +139% |
| Operating profit (loss) | 9901 | -€3,191 | €246,046 | +€249,237 | |
| Financial income | 75/76B | €23 | €0 | -€23 | -99.7% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -99.7% |
| Financial charges | 65/66B | €71,813 | €52,548 | -€19,265 | -26.8% |
| Recurring financial charges | 65 | €71,813 | €52,548 | -€19,265 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€74,981 | €193,498 | +€268,479 | |
| Transfer from deferred taxes | 780 | €3,082 | €3,082 | = | 0.0% |
| Income taxes | 67/77 | -€902 | €11,845 | +€12,747 | |
| Profit (loss) for the period | 9904 | -€70,997 | €184,734 | +€255,732 | |
| Transfer from tax-exempt reserves | 789 | €7,336 | €7,336 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,661 | €192,071 | +€255,732 |
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 24 October 2026 via checked.be.