JOMAR: 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.
JOMAR
Largest movements
- Stocks and contracts +€1.3m
up €1.3m (+450.9%), from €291,358 to €1.6m
- Receivables within one year -€257,427
down €257,427 (-14.0%), from €1.8m to €1.6m
of which Other amounts receivable: -€160,686
- Cash +€151,409
up €151,409 (+60.6%), from €249,912 to €401,321
mainly Advances received (+€833,196) and Receivables within one year (+€257,427)
- Advances received +€833,196
up €833,196 (+525.7%), from €158,492 to €991,689
- Tax, wage and social debts +€168,430
up €168,430 (+820.3%), from €20,533 to €188,962
- Debts after one year -€158,207
down €158,207 (-9.3%), from €1.7m to €1.5m
- Short-term financial debts +€143,769
new in 2025: €143,769
- Trade debts +€119,400
up €119,400 (+53.1%), from €224,851 to €344,251
- Other operating charges -€158,813
down €158,813 (-83.9%), from €189,399 to €30,586
- Financial income -€130,113
down €130,113 (-80.8%), from €161,002 to €30,889
- Depreciation -€115,448
down €115,448 (-46.2%), from €249,987 to €134,538
- Financial charges +€46,352
up €46,352 (+77.2%), from €60,059 to €106,411
- Gross operating margin -€42,583
down €42,583 (-13.0%), from €327,774 to €285,191
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 | €5,411,686 | €6,569,932 | +€1.2m | +21.4% |
| Fixed assets | 21/28 | €2,960,332 | €2,898,843 | -€61,489 | -2.1% |
| Tangible fixed assets | 22/27 | €2,622,082 | €2,560,593 | -€61,489 | -2.3% |
| Land and buildings | 22 | €2,577,964 | €2,456,643 | -€121,321 | -4.7% |
| Furniture and vehicles | 24 | €44,117 | €35,252 | -€8,865 | -20.1% |
| Leasing and similar rights | 25 | - | €68,698 | +€68,698 | |
| Financial fixed assets | 28 | €338,250 | €338,250 | = | 0.0% |
| Current assets | 29/58 | €2,451,354 | €3,671,090 | +€1.2m | +49.8% |
| Stocks and contracts in progress | 3 | €291,358 | €1,605,142 | +€1.3m | +450.9% |
| Stocks | 30/36 | €291,358 | €1,605,142 | +€1.3m | +450.9% |
| Amounts receivable within one year | 40/41 | €1,843,883 | €1,586,456 | -€257,427 | -14.0% |
| Trade receivables | 40 | €240,523 | €143,781 | -€96,741 | -40.2% |
| Other amounts receivable | 41 | €1,603,360 | €1,442,674 | -€160,686 | -10.0% |
| Cash at bank and in hand | 54/58 | €249,912 | €401,321 | +€151,409 | +60.6% |
| Deferred charges and accrued income | 490/1 | €66,202 | €78,171 | +€11,969 | +18.1% |
| Total equity and liabilities | 10/49 | €5,411,686 | €6,569,932 | +€1.2m | +21.4% |
| Equity | 10/15 | €2,931,596 | €2,965,045 | +€33,449 | +1.1% |
| Contributions | 10/11 | €275,700 | €275,700 | = | 0.0% |
| Capital | 10 | €275,700 | €275,700 | = | 0.0% |
| Issued capital | 100 | €275,700 | €275,700 | = | 0.0% |
| Reserves | 13 | €2,655,896 | €2,689,345 | +€33,449 | +1.3% |
| Non-distributable reserves | 130/1 | €27,570 | €27,570 | = | 0.0% |
| Legal reserve | 130 | €27,570 | €27,570 | = | 0.0% |
| Distributable reserves | 133 | €2,628,326 | €2,661,775 | +€33,449 | +1.3% |
| Amounts payable | 17/49 | €2,480,090 | €3,604,887 | +€1.1m | +45.4% |
| Amounts payable after more than one year | 17 | €1,707,142 | €1,548,936 | -€158,207 | -9.3% |
| Financial debts | 170/4 | €1,707,142 | €1,548,936 | -€158,207 | -9.3% |
| Amounts payable within one year | 42/48 | €749,612 | €2,030,415 | +€1.3m | +170.9% |
| Current portion of amounts payable after more than one year | 42 | €195,678 | €213,242 | +€17,564 | +9.0% |
| Financial debts | 43 | - | €143,769 | +€143,769 | |
| Credit institutions | 430/8 | - | €143,769 | +€143,769 | |
| Trade debts | 44 | €224,851 | €344,251 | +€119,400 | +53.1% |
| Suppliers | 440/4 | €224,851 | €344,251 | +€119,400 | +53.1% |
| Advances received on contracts in progress | 46 | €158,492 | €991,689 | +€833,196 | +525.7% |
| Taxes, remuneration and social security | 45 | €20,533 | €188,962 | +€168,430 | +820.3% |
| Taxes | 450/3 | €20,533 | €188,962 | +€168,430 | +820.3% |
| Other amounts payable | 47/48 | €150,059 | €148,503 | -€1,556 | -1.0% |
| Accrued charges and deferred income | 492/3 | €23,335 | €25,536 | +€2,201 | +9.4% |
| Non-recurring operating income | 76A | €0 | €22,871 | +€22,871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249,987 | €134,538 | -€115,448 | -46.2% |
| Other operating charges | 640/8 | €189,399 | €30,586 | -€158,813 | -83.9% |
| Gross operating margin | 9900 | €327,774 | €285,191 | -€42,583 | -13.0% |
| Operating profit (loss) | 9901 | -€111,612 | €120,066 | +€231,678 | |
| Financial income | 75/76B | €161,002 | €30,889 | -€130,113 | -80.8% |
| Recurring financial income | 75 | €161,002 | €30,889 | -€130,113 | -80.8% |
| Financial charges | 65/66B | €60,059 | €106,411 | +€46,352 | +77.2% |
| Recurring financial charges | 65 | €60,059 | €106,411 | +€46,352 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,669 | €44,544 | +€55,213 | |
| Income taxes | 67/77 | €1,567 | €11,095 | +€9,528 | +608.1% |
| Profit (loss) for the period | 9904 | -€12,236 | €33,449 | +€45,685 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,236 | €33,449 | +€45,685 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.