JUBLAMIMA: 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.
JUBLAMIMA
Largest movements
- Cash +€102,913
up €102,913 (+48.3%), from €213,247 to €316,160
mainly Receivables after one year (+€77,432) and Net result for the year (+€24,884)
- Receivables after one year -€77,432
no longer reported in 2025 (was €77,432)
- Tangible fixed assets -€19,060
down €19,060 (-9.1%), from €208,798 to €189,738
of which Land and buildings: -€19,060
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,721
up €3,721 (+7.6%), from €49,026 to €52,747
- Taxes +€864
up €864 (+10.6%), from €8,137 to €9,002
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 | €517,259 | €520,683 | +€3,424 | +0.7% |
| Fixed assets | 21/28 | €208,798 | €189,738 | -€19,060 | -9.1% |
| Tangible fixed assets | 22/27 | €208,798 | €189,738 | -€19,060 | -9.1% |
| Land and buildings | 22 | €206,518 | €187,458 | -€19,060 | -9.2% |
| Furniture and vehicles | 24 | €2,280 | €2,280 | = | 0.0% |
| Current assets | 29/58 | €308,461 | €330,945 | +€22,484 | +7.3% |
| Amounts receivable after more than one year | 29 | €77,432 | - | -€77,432 | |
| Other amounts receivable | 291 | €77,432 | - | -€77,432 | |
| Current investments | 50/53 | €13,359 | €13,420 | +€60 | +0.5% |
| Cash at bank and in hand | 54/58 | €213,247 | €316,160 | +€102,913 | +48.3% |
| Deferred charges and accrued income | 490/1 | €4,422 | €1,365 | -€3,057 | -69.1% |
| Total equity and liabilities | 10/49 | €517,259 | €520,683 | +€3,424 | +0.7% |
| Equity | 10/15 | €486,619 | €486,619 | = | 0.0% |
| Contributions | 10/11 | €483,492 | €483,492 | = | 0.0% |
| Outside capital | 11 | €483,492 | €483,492 | = | 0.0% |
| Other | 1109/19 | €483,492 | €483,492 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,126 | €3,126 | = | 0.0% |
| Amounts payable | 17/49 | €30,640 | €34,064 | +€3,424 | +11.2% |
| Amounts payable within one year | 42/48 | €30,640 | €34,064 | +€3,424 | +11.2% |
| Taxes, remuneration and social security | 45 | €8,126 | €8,972 | +€845 | +10.4% |
| Taxes | 450/3 | €8,126 | €8,972 | +€845 | +10.4% |
| Other amounts payable | 47/48 | €22,514 | €25,093 | +€2,579 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,184 | €20,539 | +€355 | +1.8% |
| Other operating charges | 640/8 | €397 | - | -€397 | |
| Gross operating margin | 9900 | €49,026 | €52,747 | +€3,721 | +7.6% |
| Operating profit (loss) | 9901 | €28,445 | €32,208 | +€3,763 | +13.2% |
| Financial income | 75/76B | €2,248 | €1,726 | -€522 | -23.2% |
| Recurring financial income | 75 | €2,248 | €1,726 | -€522 | -23.2% |
| Financial charges | 65/66B | €42 | €48 | +€7 | +15.9% |
| Recurring financial charges | 65 | €42 | €48 | +€7 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €30,651 | €33,886 | +€3,234 | +10.6% |
| Income taxes | 67/77 | €8,137 | €9,002 | +€864 | +10.6% |
| Profit (loss) for the period | 9904 | €22,514 | €24,884 | +€2,370 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,514 | €24,884 | +€2,370 | +10.5% |
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 5 October 2026 via checked.be.