JOMAR: 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.
JOMAR
Largest movements
- Cash +€530,554
up €530,554 (+101.6%), from €522,074 to €1.1m
mainly Net result for the year (+€300,746) and Receivables after one year (+€230,000)
- Receivables after one year -€230,000
no longer reported in 2025 (was €230,000)
- Current investments -€104,378
no longer reported in 2025 (was €104,378)
- Tangible fixed assets -€19,477
down €19,477 (-77.2%), from €25,217 to €5,739
of which Furniture and vehicles: -€15,657
- Receivables within one year -€12,273
down €12,273 (-16.6%), from €73,874 to €61,601
of which Trade receivables: -€7,433
- Profit (loss) carried forward +€300,744
up €300,744 (+82.8%), from €363,260 to €664,004
- Reserves -€136,489
down €136,489 (-37.4%), from €364,849 to €228,360
of which Distributable reserves: -€136,489
- Tax, wage and social debts +€16,038
up €16,038 (+31.4%), from €51,050 to €67,088
of which Taxes: +€12,727
- Trade debts -€11,750
down €11,750 (-10.1%), from €116,205 to €104,456
- Gross operating margin +€100,319
up €100,319 (+12.9%), from €775,172 to €875,491
- Financial income +€61,175
up €61,175 (+901.7%), from €6,784 to €67,959
- Taxes +€34,163
up €34,163 (+52.9%), from €64,628 to €98,791
- Financial charges +€21,971
up €21,971 (+94.4%), from €23,265 to €45,237
- Staff costs +€18,696
up €18,696 (+3.9%), from €474,282 to €492,979
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 | €960,936 | €1,125,238 | +€164,302 | +17.1% |
| Fixed assets | 21/28 | €26,717 | €7,239 | -€19,477 | -72.9% |
| Tangible fixed assets | 22/27 | €25,217 | €5,739 | -€19,477 | -77.2% |
| Plant, machinery and equipment | 23 | €8,117 | €4,571 | -€3,546 | -43.7% |
| Furniture and vehicles | 24 | €16,826 | €1,168 | -€15,657 | -93.1% |
| Other tangible fixed assets | 26 | €274 | €0 | -€274 | -100.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €934,220 | €1,117,998 | +€183,779 | +19.7% |
| Amounts receivable after more than one year | 29 | €230,000 | - | -€230,000 | |
| Other amounts receivable | 291 | €230,000 | - | -€230,000 | |
| Amounts receivable within one year | 40/41 | €73,874 | €61,601 | -€12,273 | -16.6% |
| Trade receivables | 40 | €7,433 | - | -€7,433 | |
| Other amounts receivable | 41 | €66,441 | €61,601 | -€4,840 | -7.3% |
| Current investments | 50/53 | €104,378 | - | -€104,378 | |
| Cash at bank and in hand | 54/58 | €522,074 | €1,052,628 | +€530,554 | +101.6% |
| Deferred charges and accrued income | 490/1 | €3,893 | €3,769 | -€124 | -3.2% |
| Total equity and liabilities | 10/49 | €960,936 | €1,125,238 | +€164,302 | +17.1% |
| Equity | 10/15 | €746,709 | €910,964 | +€164,255 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €364,849 | €228,360 | -€136,489 | -37.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €362,989 | €226,500 | -€136,489 | -37.6% |
| Profit (loss) carried forward | 14 | €363,260 | €664,004 | +€300,744 | +82.8% |
| Amounts payable | 17/49 | €214,227 | €214,274 | +€47 | 0.0% |
| Amounts payable within one year | 42/48 | €214,051 | €214,098 | +€47 | 0.0% |
| Financial debts | 43 | €46,796 | €42,554 | -€4,241 | -9.1% |
| Credit institutions | 430/8 | €46,796 | €42,554 | -€4,241 | -9.1% |
| Trade debts | 44 | €116,205 | €104,456 | -€11,750 | -10.1% |
| Suppliers | 440/4 | €116,205 | €104,456 | -€11,750 | -10.1% |
| Taxes, remuneration and social security | 45 | €51,050 | €67,088 | +€16,038 | +31.4% |
| Taxes | 450/3 | - | €12,727 | +€12,727 | |
| Remuneration and social security | 454/9 | €51,050 | €54,361 | +€3,310 | +6.5% |
| Accrued charges and deferred income | 492/3 | €176 | €176 | = | 0.0% |
| Non-recurring operating income | 76A | - | €14,988 | +€14,988 | |
| Remuneration, social security and pensions | 62 | €474,282 | €492,979 | +€18,696 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,011 | €4,019 | -€1,992 | -33.1% |
| Other operating charges | 640/8 | €1,805 | €1,680 | -€126 | -7.0% |
| Gross operating margin | 9900 | €775,172 | €875,491 | +€100,319 | +12.9% |
| Operating profit (loss) | 9901 | €293,073 | €376,814 | +€83,741 | +28.6% |
| Financial income | 75/76B | €6,784 | €67,959 | +€61,175 | +901.7% |
| Recurring financial income | 75 | €6,784 | €67,959 | +€61,175 | +901.7% |
| Financial charges | 65/66B | €23,265 | €45,237 | +€21,971 | +94.4% |
| Recurring financial charges | 65 | €23,265 | €45,237 | +€21,971 | +94.4% |
| Profit (loss) for the period before taxes | 9903 | €276,592 | €399,536 | +€122,944 | +44.4% |
| Income taxes | 67/77 | €64,628 | €98,791 | +€34,163 | +52.9% |
| Profit (loss) for the period | 9904 | €211,964 | €300,746 | +€88,782 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €211,964 | €300,746 | +€88,782 | +41.9% |
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 6 October 2026 via checked.be.