Joma Management: 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 Management
Largest movements
- Cash +€102,355
up €102,355 (+200%), from €51,274 to €153,630
mainly Net result for the year (+€150,577) and Other debts (+€49,303)
- Current investments +€67,500
new in 2025: €67,500
- Receivables within one year -€26,975
down €26,975 (-64.1%), from €42,100 to €15,125
- Reserves +€60,577
up €60,577 (+65.5%), from €92,542 to €153,119
- Other debts +€49,303
up €49,303 (+416%), from €11,859 to €61,162
- Tax, wage and social debts +€35,109
up €35,109 (+184%), from €19,130 to €54,240
- Gross operating margin +€129,537
up €129,537 (+192%), from €67,502 to €197,039
- Taxes +€31,473
up €31,473 (+221%), from €14,265 to €45,738
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 | €145,213 | €288,931 | +€143,718 | +99.0% |
| Fixed assets | 21/28 | €10,739 | €9,912 | -€827 | -7.7% |
| Tangible fixed assets | 22/27 | €1,739 | €912 | -€827 | -47.5% |
| Plant, machinery and equipment | 23 | €143 | €912 | +€769 | +536% |
| Furniture and vehicles | 24 | €260 | €0 | -€260 | -100% |
| Leasing and similar rights | 25 | €1,336 | €0 | -€1,336 | -100% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €134,474 | €279,019 | +€144,545 | +107% |
| Amounts receivable after more than one year | 29 | €41,100 | €42,764 | +€1,665 | +4.1% |
| Other amounts receivable | 291 | €41,100 | €42,764 | +€1,665 | +4.1% |
| Amounts receivable within one year | 40/41 | €42,100 | €15,125 | -€26,975 | -64.1% |
| Trade receivables | 40 | €42,100 | €15,125 | -€26,975 | -64.1% |
| Current investments | 50/53 | - | €67,500 | +€67,500 | |
| Cash at bank and in hand | 54/58 | €51,274 | €153,630 | +€102,355 | +200% |
| Total equity and liabilities | 10/49 | €145,213 | €288,931 | +€143,718 | +99.0% |
| Equity | 10/15 | €111,142 | €171,719 | +€60,577 | +54.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,542 | €153,119 | +€60,577 | +65.5% |
| Distributable reserves | 133 | €92,542 | €153,119 | +€60,577 | +65.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,071 | €117,212 | +€83,141 | +244% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €34,071 | €117,212 | +€83,141 | +244% |
| Current portion of amounts payable after more than one year | 42 | €1,413 | €0 | -€1,413 | -100% |
| Trade debts | 44 | €1,669 | €1,810 | +€141 | +8.4% |
| Suppliers | 440/4 | €1,669 | €1,810 | +€141 | +8.4% |
| Taxes, remuneration and social security | 45 | €19,130 | €54,240 | +€35,109 | +184% |
| Taxes | 450/3 | €19,130 | €54,240 | +€35,109 | +184% |
| Other amounts payable | 47/48 | €11,859 | €61,162 | +€49,303 | +416% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,880 | €2,381 | -€499 | -17.3% |
| Other operating charges | 640/8 | €273 | €233 | -€40 | -14.7% |
| Gross operating margin | 9900 | €67,502 | €197,039 | +€129,537 | +192% |
| Operating profit (loss) | 9901 | €64,349 | €194,425 | +€130,076 | +202% |
| Financial income | 75/76B | €1,844 | €1,998 | +€154 | +8.4% |
| Recurring financial income | 75 | €1,844 | €1,998 | +€154 | +8.4% |
| Financial charges | 65/66B | €315 | €108 | -€207 | -65.8% |
| Recurring financial charges | 65 | €315 | €108 | -€207 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €65,877 | €196,315 | +€130,438 | +198% |
| Income taxes | 67/77 | €14,265 | €45,738 | +€31,473 | +221% |
| Profit (loss) for the period | 9904 | €51,612 | €150,577 | +€98,965 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €51,612 | €150,577 | +€98,965 | +192% |
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 28 October 2026 via checked.be.