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
- Cash +€24,544
up €24,544 (+14.0%), from €175,223 to €199,767
mainly Net result for the year (+€100,464) and Depreciation (+€46,487)
- Reserves +€67,530
up €67,530 (+21.1%), from €319,310 to €386,840
- Debts after one year -€22,463
down €22,463 (-40.7%), from €55,152 to €32,689
- Tax, wage and social debts -€9,946
down €9,946 (-72.5%), from €13,727 to €3,781
- Trade debts -€5,469
down €5,469 (-40.6%), from €13,477 to €8,008
- Other debts -€5,122
down €5,122 (-30.4%), from €16,848 to €11,726
- Gross operating margin -€26,751
down €26,751 (-11.7%), from €228,606 to €201,855
- Other operating charges -€12,644
down €12,644 (-71.5%), from €17,673 to €5,029
- Depreciation -€11,132
down €11,132 (-19.3%), from €57,619 to €46,487
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 | €461,422 | €485,014 | +€23,592 | +5.1% |
| Fixed assets | 21/28 | €275,927 | €280,247 | +€4,320 | +1.6% |
| Tangible fixed assets | 22/27 | €275,792 | €280,112 | +€4,320 | +1.6% |
| Land and buildings | 22 | €48,997 | €46,731 | -€2,266 | -4.6% |
| Plant, machinery and equipment | 23 | €12,192 | €7,713 | -€4,479 | -36.7% |
| Furniture and vehicles | 24 | €76,644 | €61,029 | -€15,615 | -20.4% |
| Other tangible fixed assets | 26 | €137,959 | €164,640 | +€26,681 | +19.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €185,495 | €204,767 | +€19,272 | +10.4% |
| Amounts receivable within one year | 40/41 | €5,504 | €2,293 | -€3,211 | -58.3% |
| Trade receivables | 40 | €4,294 | €1,083 | -€3,211 | -74.8% |
| Other amounts receivable | 41 | €1,210 | €1,210 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €175,223 | €199,767 | +€24,544 | +14.0% |
| Deferred charges and accrued income | 490/1 | €4,768 | €2,708 | -€2,060 | -43.2% |
| Total equity and liabilities | 10/49 | €461,422 | €485,014 | +€23,592 | +5.1% |
| Equity | 10/15 | €338,166 | €405,454 | +€67,288 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,310 | €386,840 | +€67,530 | +21.1% |
| Distributable reserves | 133 | €319,310 | €386,840 | +€67,530 | +21.1% |
| Profit (loss) carried forward | 14 | €256 | €14 | -€242 | -94.4% |
| Amounts payable | 17/49 | €123,257 | €79,560 | -€43,696 | -35.5% |
| Amounts payable after more than one year | 17 | €55,152 | €32,689 | -€22,463 | -40.7% |
| Financial debts | 170/4 | €55,152 | €32,689 | -€22,463 | -40.7% |
| Amounts payable within one year | 42/48 | €66,147 | €45,978 | -€20,168 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €22,094 | €22,463 | +€369 | +1.7% |
| Trade debts | 44 | €13,477 | €8,008 | -€5,469 | -40.6% |
| Suppliers | 440/4 | €13,477 | €8,008 | -€5,469 | -40.6% |
| Taxes, remuneration and social security | 45 | €13,727 | €3,781 | -€9,946 | -72.5% |
| Taxes | 450/3 | €13,727 | €3,781 | -€9,946 | -72.5% |
| Other amounts payable | 47/48 | €16,848 | €11,726 | -€5,122 | -30.4% |
| Accrued charges and deferred income | 492/3 | €1,958 | €893 | -€1,065 | -54.4% |
| Non-recurring operating income | 76A | €26,180 | - | -€26,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,619 | €46,487 | -€11,132 | -19.3% |
| Other operating charges | 640/8 | €17,673 | €5,029 | -€12,644 | -71.5% |
| Gross operating margin | 9900 | €228,606 | €201,855 | -€26,751 | -11.7% |
| Operating profit (loss) | 9901 | €153,314 | €150,339 | -€2,975 | -1.9% |
| Financial income | 75/76B | €1,085 | €493 | -€592 | -54.6% |
| Recurring financial income | 75 | €1,085 | €493 | -€592 | -54.6% |
| Financial charges | 65/66B | €10,147 | €8,358 | -€1,789 | -17.6% |
| Recurring financial charges | 65 | €10,147 | €8,358 | -€1,789 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €144,252 | €142,474 | -€1,778 | -1.2% |
| Income taxes | 67/77 | €42,081 | €42,009 | -€72 | -0.2% |
| Profit (loss) for the period | 9904 | €102,170 | €100,464 | -€1,706 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €102,170 | €100,464 | -€1,706 | -1.7% |
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 9 October 2026 via checked.be.