JOMALO: 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.
JOMALO
Largest movements
- Tangible fixed assets +€145,193
up €145,193 (+37.9%), from €383,105 to €528,298
of which Land and buildings: +€157,352
- Stocks and contracts +€96,407
up €96,407 (+26.9%), from €357,901 to €454,308
- Current investments -€27,934
down €27,934 (-7.8%), from €357,659 to €329,724
- Debts after one year +€124,267
up €124,267 (+288%), from €43,187 to €167,454
- Other debts +€65,560
up €65,560 (+202%), from €32,495 to €98,055
- Current portion of long-term debt +€18,394
up €18,394 (+58.0%), from €31,702 to €50,096
- Trade debts +€16,320
up €16,320 (+6.5%), from €251,121 to €267,441
- Gross operating margin -€23,457
down €23,457 (-4.3%), from €545,080 to €521,623
- Taxes -€15,888
down €15,888 (-26.1%), from €60,943 to €45,054
- Financial charges +€9,259
up €9,259 (+169%), from €5,473 to €14,732
- Staff costs +€8,409
up €8,409 (+2.7%), from €306,816 to €315,225
- Depreciation +€8,367
up €8,367 (+21.1%), from €39,698 to €48,064
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 | €1,172,086 | €1,380,841 | +€208,755 | +17.8% |
| Fixed assets | 21/28 | €383,275 | €528,468 | +€145,193 | +37.9% |
| Tangible fixed assets | 22/27 | €383,105 | €528,298 | +€145,193 | +37.9% |
| Land and buildings | 22 | €245,487 | €402,839 | +€157,352 | +64.1% |
| Plant, machinery and equipment | 23 | €135,263 | €124,491 | -€10,772 | -8.0% |
| Furniture and vehicles | 24 | €2,354 | €968 | -€1,387 | -58.9% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €788,810 | €852,373 | +€63,562 | +8.1% |
| Stocks and contracts in progress | 3 | €357,901 | €454,308 | +€96,407 | +26.9% |
| Stocks | 30/36 | €357,901 | €454,308 | +€96,407 | +26.9% |
| Amounts receivable within one year | 40/41 | €6,050 | €0 | -€6,050 | -100% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €357,659 | €329,724 | -€27,934 | -7.8% |
| Cash at bank and in hand | 54/58 | €62,273 | €52,723 | -€9,550 | -15.3% |
| Deferred charges and accrued income | 490/1 | €4,928 | €15,618 | +€10,690 | +217% |
| Total equity and liabilities | 10/49 | €1,172,086 | €1,380,841 | +€208,755 | +17.8% |
| Equity | 10/15 | €719,151 | €715,831 | -€3,320 | -0.5% |
| Contributions | 10/11 | €18,760 | €18,760 | = | 0.0% |
| Reserves | 13 | €700,391 | €697,071 | -€3,320 | -0.5% |
| Distributable reserves | 133 | €700,391 | €697,071 | -€3,320 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €452,935 | €665,010 | +€212,075 | +46.8% |
| Amounts payable after more than one year | 17 | €43,187 | €167,454 | +€124,267 | +288% |
| Financial debts | 170/4 | €43,187 | €167,454 | +€124,267 | +288% |
| Amounts payable within one year | 42/48 | €409,748 | €497,556 | +€87,808 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €31,702 | €50,096 | +€18,394 | +58.0% |
| Financial debts | 43 | €11,846 | €11,796 | -€50 | -0.4% |
| Credit institutions | 430/8 | €11,846 | €11,796 | -€50 | -0.4% |
| Trade debts | 44 | €251,121 | €267,441 | +€16,320 | +6.5% |
| Suppliers | 440/4 | €251,121 | €267,441 | +€16,320 | +6.5% |
| Taxes, remuneration and social security | 45 | €82,584 | €70,169 | -€12,416 | -15.0% |
| Taxes | 450/3 | €45,617 | €31,002 | -€14,614 | -32.0% |
| Remuneration and social security | 454/9 | €36,968 | €39,166 | +€2,199 | +5.9% |
| Other amounts payable | 47/48 | €32,495 | €98,055 | +€65,560 | +202% |
| Remuneration, social security and pensions | 62 | €306,816 | €315,225 | +€8,409 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,698 | €48,064 | +€8,367 | +21.1% |
| Other operating charges | 640/8 | €14,357 | €15,941 | +€1,584 | +11.0% |
| Gross operating margin | 9900 | €545,080 | €521,623 | -€23,457 | -4.3% |
| Operating profit (loss) | 9901 | €184,209 | €142,392 | -€41,817 | -22.7% |
| Financial income | 75/76B | €4,357 | €5,184 | +€827 | +19.0% |
| Recurring financial income | 75 | €4,357 | €5,184 | +€827 | +19.0% |
| Financial charges | 65/66B | €5,473 | €14,732 | +€9,259 | +169% |
| Recurring financial charges | 65 | €5,473 | €14,732 | +€9,259 | +169% |
| Profit (loss) for the period before taxes | 9903 | €183,094 | €132,844 | -€50,249 | -27.4% |
| Income taxes | 67/77 | €60,943 | €45,054 | -€15,888 | -26.1% |
| Profit (loss) for the period | 9904 | €122,151 | €87,790 | -€34,361 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €122,151 | €87,790 | -€34,361 | -28.1% |
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 18 October 2026 via checked.be.