JOMATHO: 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.
JOMATHO
Largest movements
- Tangible fixed assets -€1.1m
no longer reported in 2025 (was €1.1m)
- Financial fixed assets +€658,338
up €658,338 (+99.4%), from €662,250 to €1.3m
- Receivables within one year +€115,682
up €115,682 (+211%), from €54,730 to €170,412
of which Trade receivables: +€75,704
- Receivables after one year -€84,236
no longer reported in 2025 (was €84,236)
- Cash -€30,241
down €30,241 (-70.5%), from €42,911 to €12,669
mainly Debts after one year (-€990,667) and Receivables within one year (-€115,682)
- Debts after one year -€990,667
down €990,667 (-72.6%), from €1.4m to €373,402
- Reserves +€557,487
up €557,487 (+253%), from €219,957 to €777,444
- Other debts -€30,000
down €30,000 (-95.5%), from €31,424 to €1,424
- Current portion of long-term debt +€21,654
up €21,654 (+19.4%), from €111,429 to €133,083
- Financial income +€555,960
up €555,960 (+9,034%), from €6,154 to €562,115
- Other operating charges -€79,204
down €79,204 (-80.2%), from €98,819 to €19,614
- Depreciation -€38,095
no longer reported in 2025 (was €38,095)
- Financial charges +€37,364
up €37,364 (+364%), from €10,273 to €47,637
- Gross operating margin -€26,187
down €26,187 (-10.3%), from €253,630 to €227,444
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 | €1,955,422 | €1,503,670 | -€451,752 | -23.1% |
| Fixed assets | 21/28 | €1,773,545 | €1,320,588 | -€452,957 | -25.5% |
| Tangible fixed assets | 22/27 | €1,111,295 | - | -€1.1m | |
| Land and buildings | 22 | €1,111,295 | - | -€1.1m | |
| Financial fixed assets | 28 | €662,250 | €1,320,588 | +€658,338 | +99.4% |
| Current assets | 29/58 | €181,876 | €183,082 | +€1,205 | +0.7% |
| Amounts receivable after more than one year | 29 | €84,236 | - | -€84,236 | |
| Other amounts receivable | 291 | €84,236 | - | -€84,236 | |
| Amounts receivable within one year | 40/41 | €54,730 | €170,412 | +€115,682 | +211% |
| Trade receivables | 40 | €40,986 | €116,690 | +€75,704 | +185% |
| Other amounts receivable | 41 | €13,744 | €53,723 | +€39,978 | +291% |
| Cash at bank and in hand | 54/58 | €42,911 | €12,669 | -€30,241 | -70.5% |
| Total equity and liabilities | 10/49 | €1,955,422 | €1,503,670 | -€451,752 | -23.1% |
| Equity | 10/15 | €419,957 | €977,444 | +€557,487 | +133% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €219,957 | €777,444 | +€557,487 | +253% |
| Distributable reserves | 133 | €219,957 | €777,444 | +€557,487 | +253% |
| Amounts payable | 17/49 | €1,535,465 | €526,226 | -€1.0m | -65.7% |
| Amounts payable after more than one year | 17 | €1,364,069 | €373,402 | -€990,667 | -72.6% |
| Financial debts | 170/4 | €1,364,069 | €373,402 | -€990,667 | -72.6% |
| Amounts payable within one year | 42/48 | €169,434 | €149,476 | -€19,959 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €111,429 | €133,083 | +€21,654 | +19.4% |
| Financial debts | 43 | €6,667 | - | -€6,667 | |
| Credit institutions | 430/8 | €6,667 | - | -€6,667 | |
| Trade debts | 44 | €6,229 | €4,964 | -€1,265 | -20.3% |
| Suppliers | 440/4 | €6,229 | €4,964 | -€1,265 | -20.3% |
| Taxes, remuneration and social security | 45 | €13,686 | €10,004 | -€3,681 | -26.9% |
| Taxes | 450/3 | €13,686 | €10,004 | -€3,681 | -26.9% |
| Other amounts payable | 47/48 | €31,424 | €1,424 | -€30,000 | -95.5% |
| Accrued charges and deferred income | 492/3 | €1,962 | €3,348 | +€1,386 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,095 | - | -€38,095 | |
| Other operating charges | 640/8 | €98,819 | €19,614 | -€79,204 | -80.2% |
| Non-recurring operating charges | 66A | - | €68,969 | +€68,969 | |
| Gross operating margin | 9900 | €253,630 | €227,444 | -€26,187 | -10.3% |
| Operating profit (loss) | 9901 | €116,717 | €138,861 | +€22,144 | +19.0% |
| Financial income | 75/76B | €6,154 | €562,115 | +€555,960 | +9,034% |
| Recurring financial income | 75 | €6,154 | €562,115 | +€555,960 | +9,034% |
| Financial charges | 65/66B | €10,273 | €47,637 | +€37,364 | +364% |
| Recurring financial charges | 65 | €10,273 | €47,637 | +€37,364 | +364% |
| Profit (loss) for the period before taxes | 9903 | €112,598 | €653,338 | +€540,740 | +480% |
| Income taxes | 67/77 | €16,520 | €25,851 | +€9,332 | +56.5% |
| Profit (loss) for the period | 9904 | €96,079 | €627,487 | +€531,408 | +553% |
| Profit (loss) for the period to be appropriated | 9905 | €96,079 | €627,487 | +€531,408 | +553% |
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 26 October 2026 via checked.be.