JOMAX: 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.
JOMAX
Largest movements
- Receivables within one year +€146,311
up €146,311 (+83610.9%), from €175 to €146,486
of which Other amounts receivable: +€105,750
- Tangible fixed assets +€44,758
up €44,758 (+9.4%), from €474,015 to €518,773
of which Plant, machinery and equipment: +€23,860
- Cash -€40,311
down €40,311 (-33.2%), from €121,531 to €81,220
mainly Contributions, distributions and other (-€370,000) and Receivables within one year (-€146,311)
- Intangible fixed assets +€9,017
up €9,017 (+6604.8%), from €137 to €9,153
- Debts after one year +€360,107
new in 2025: €360,107
- Contributions -€350,000
down €350,000 (-72.2%), from €485,000 to €135,000
- Current portion of long-term debt +€42,336
new in 2025: €42,336
- Trade debts +€38,611
up €38,611 (+450.7%), from €8,567 to €47,178
- Reserves +€29,249
up €29,249 (+40.3%), from €72,642 to €101,892
- Gross operating margin +€46,958
up €46,958 (+65.4%), from €71,830 to €118,788
- Financial charges +€11,357
up €11,357 (+643.1%), from €1,766 to €13,123
- Depreciation +€3,701
up €3,701 (+13.2%), from €28,137 to €31,838
- Staff costs +€3,318
new in 2025: €3,318
- Taxes +€2,148
up €2,148 (+20.4%), from €10,519 to €12,667
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 | €600,338 | €761,741 | +€161,403 | +26.9% |
| Fixed assets | 21/28 | €474,151 | €527,926 | +€53,775 | +11.3% |
| Intangible fixed assets | 21 | €137 | €9,153 | +€9,017 | +6604.8% |
| Tangible fixed assets | 22/27 | €474,015 | €518,773 | +€44,758 | +9.4% |
| Land and buildings | 22 | €406,657 | €419,442 | +€12,785 | +3.1% |
| Plant, machinery and equipment | 23 | €46,288 | €70,148 | +€23,860 | +51.5% |
| Furniture and vehicles | 24 | €1,872 | €13,744 | +€11,872 | +634.1% |
| Other tangible fixed assets | 26 | €19,198 | €15,438 | -€3,760 | -19.6% |
| Current assets | 29/58 | €126,187 | €233,815 | +€107,629 | +85.3% |
| Stocks and contracts in progress | 3 | €2,908 | €4,603 | +€1,696 | +58.3% |
| Stocks | 30/36 | €2,908 | €4,603 | +€1,696 | +58.3% |
| Amounts receivable within one year | 40/41 | €175 | €146,486 | +€146,311 | +83610.9% |
| Trade receivables | 40 | €175 | €40,736 | +€40,561 | +23178.9% |
| Other amounts receivable | 41 | - | €105,750 | +€105,750 | |
| Cash at bank and in hand | 54/58 | €121,531 | €81,220 | -€40,311 | -33.2% |
| Deferred charges and accrued income | 490/1 | €1,574 | €1,507 | -€67 | -4.3% |
| Total equity and liabilities | 10/49 | €600,338 | €761,741 | +€161,403 | +26.9% |
| Equity | 10/15 | €586,892 | €271,053 | -€315,839 | -53.8% |
| Contributions | 10/11 | €485,000 | €135,000 | -€350,000 | -72.2% |
| Reserves | 13 | €72,642 | €101,892 | +€29,249 | +40.3% |
| Distributable reserves | 133 | €72,642 | €101,892 | +€29,249 | +40.3% |
| Profit (loss) carried forward | 14 | €29,249 | €34,161 | +€4,912 | +16.8% |
| Amounts payable | 17/49 | €13,446 | €490,689 | +€477,242 | +3549.3% |
| Amounts payable after more than one year | 17 | - | €360,107 | +€360,107 | |
| Financial debts | 170/4 | - | €360,107 | +€360,107 | |
| Amounts payable within one year | 42/48 | €13,446 | €130,581 | +€117,135 | +871.1% |
| Current portion of amounts payable after more than one year | 42 | - | €42,336 | +€42,336 | |
| Trade debts | 44 | €8,567 | €47,178 | +€38,611 | +450.7% |
| Suppliers | 440/4 | €8,567 | €47,178 | +€38,611 | +450.7% |
| Taxes, remuneration and social security | 45 | €4,879 | €21,068 | +€16,189 | +331.8% |
| Taxes | 450/3 | €4,879 | €20,445 | +€15,566 | +319.0% |
| Remuneration and social security | 454/9 | - | €623 | +€623 | |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | - | €3,318 | +€3,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,137 | €31,838 | +€3,701 | +13.2% |
| Other operating charges | 640/8 | €3,023 | €3,716 | +€693 | +22.9% |
| Gross operating margin | 9900 | €71,830 | €118,788 | +€46,958 | +65.4% |
| Operating profit (loss) | 9901 | €40,670 | €79,916 | +€39,246 | +96.5% |
| Financial income | 75/76B | €864 | €34 | -€830 | -96.1% |
| Recurring financial income | 75 | €864 | €34 | -€830 | -96.1% |
| Financial charges | 65/66B | €1,766 | €13,123 | +€11,357 | +643.1% |
| Recurring financial charges | 65 | €1,766 | €13,123 | +€11,357 | +643.1% |
| Profit (loss) for the period before taxes | 9903 | €39,768 | €66,828 | +€27,060 | +68.0% |
| Income taxes | 67/77 | €10,519 | €12,667 | +€2,148 | +20.4% |
| Profit (loss) for the period | 9904 | €29,249 | €54,161 | +€24,912 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,249 | €54,161 | +€24,912 | +85.2% |
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 11 October 2026 via checked.be.