JOSMEDIM: 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.
JOSMEDIM
Largest movements
- Cash +€33,519
up €33,519 (+151%), from €22,268 to €55,787
mainly Depreciation (+€24,573) and Net result for the year (+€17,808)
- Tangible fixed assets -€13,757
down €13,757 (-5.3%), from €259,548 to €245,791
of which Other tangible fixed assets: -€12,801
- Profit (loss) carried forward +€17,808
up €17,808 (+48.5%), from €36,741 to €54,549
- Gross operating margin +€24,858
up €24,858 (+135%), from €18,390 to €43,248
- Depreciation +€8,279
up €8,279 (+50.8%), from €16,294 to €24,573
- Financial income -€2,908
down €2,908 (-99.7%), from €2,916 to €8
- Other operating charges -€1,672
down €1,672 (-84.4%), from €1,980 to €308
- Taxes +€506
new in 2025: €506
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 | €285,898 | €304,382 | +€18,484 | +6.5% |
| Fixed assets | 21/28 | €259,548 | €245,791 | -€13,757 | -5.3% |
| Tangible fixed assets | 22/27 | €259,548 | €245,791 | -€13,757 | -5.3% |
| Land and buildings | 22 | €77,799 | €75,253 | -€2,547 | -3.3% |
| Plant, machinery and equipment | 23 | - | €1,591 | +€1,591 | |
| Other tangible fixed assets | 26 | €181,749 | €168,948 | -€12,801 | -7.0% |
| Current assets | 29/58 | €26,350 | €58,591 | +€32,241 | +122% |
| Amounts receivable within one year | 40/41 | €4,082 | €2,804 | -€1,278 | -31.3% |
| Trade receivables | 40 | €1,278 | - | -€1,278 | |
| Other amounts receivable | 41 | €2,804 | €2,804 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,268 | €55,787 | +€33,519 | +151% |
| Total equity and liabilities | 10/49 | €285,898 | €304,382 | +€18,484 | +6.5% |
| Equity | 10/15 | €116,597 | €134,405 | +€17,808 | +15.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,741 | €54,549 | +€17,808 | +48.5% |
| Investment grants | 15 | €11,656 | €11,656 | = | 0.0% |
| Amounts payable | 17/49 | €169,301 | €169,977 | +€676 | +0.4% |
| Amounts payable within one year | 42/48 | €169,301 | €169,977 | +€676 | +0.4% |
| Trade debts | 44 | €301 | €220 | -€81 | -26.9% |
| Suppliers | 440/4 | €301 | €220 | -€81 | -26.9% |
| Taxes, remuneration and social security | 45 | - | €506 | +€506 | |
| Taxes | 450/3 | - | €506 | +€506 | |
| Other amounts payable | 47/48 | €169,000 | €169,251 | +€251 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,294 | €24,573 | +€8,279 | +50.8% |
| Other operating charges | 640/8 | €1,980 | €308 | -€1,672 | -84.4% |
| Gross operating margin | 9900 | €18,390 | €43,248 | +€24,858 | +135% |
| Operating profit (loss) | 9901 | €116 | €18,367 | +€18,250 | +15,694% |
| Financial income | 75/76B | €2,916 | €8 | -€2,908 | -99.7% |
| Recurring financial income | 75 | €2,916 | €8 | -€2,908 | -99.7% |
| Financial charges | 65/66B | €77 | €61 | -€16 | -20.6% |
| Recurring financial charges | 65 | €77 | €61 | -€16 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €2,956 | €18,314 | +€15,358 | +520% |
| Income taxes | 67/77 | - | €506 | +€506 | |
| Profit (loss) for the period | 9904 | €2,956 | €17,808 | +€14,852 | +502% |
| Profit (loss) for the period to be appropriated | 9905 | €2,956 | €17,808 | +€14,852 | +502% |
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 19 October 2026 via checked.be.