JUMAX: 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.
JUMAX
Largest movements
- Tangible fixed assets +€31,163
up €31,163 (+627%), from €4,971 to €36,135
- Cash +€6,699
up €6,699 (+41.7%), from €16,068 to €22,767
- Receivables within one year +€3,513
up €3,513 (+49.0%), from €7,166 to €10,678
- Deferred charges and accrued income +€931
up €931 (+302%), from €309 to €1,240
- Reserves +€29,082
up €29,082 (+1,312%), from €2,217 to €31,299
of which Distributable reserves: +€29,082
- Debts after one year +€14,583
new in 2026: €14,583
- Profit (loss) carried forward -€11,061
no longer reported in 2026 (was €11,061)
- Tax, wage and social debts +€5,346
up €5,346 (+291%), from €1,838 to €7,184
- Current portion of long-term debt +€2,917
new in 2026: €2,917
- Gross operating margin +€16,747
up €16,747 (+224%), from €7,488 to €24,235
- Taxes +€5,747
up €5,747 (+1,692%), from €340 to €6,086
- Depreciation +€3,658
up €3,658 (+208%), from €1,759 to €5,417
- Financial charges +€1,259
up €1,259 (+415%), from €304 to €1,563
- Other operating charges +€954
up €954 (+139%), from €686 to €1,641
From the 2023 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,514 | €70,821 | +€42,306 | +148% |
| Fixed assets | 21/28 | €4,971 | €36,135 | +€31,163 | +627% |
| Tangible fixed assets | 22/27 | €4,971 | €36,135 | +€31,163 | +627% |
| Furniture and vehicles | 24 | €4,971 | €36,135 | +€31,163 | +627% |
| Current assets | 29/58 | €23,543 | €34,686 | +€11,143 | +47.3% |
| Amounts receivable within one year | 40/41 | €7,166 | €10,678 | +€3,513 | +49.0% |
| Other amounts receivable | 41 | €7,166 | €10,678 | +€3,513 | +49.0% |
| Cash at bank and in hand | 54/58 | €16,068 | €22,767 | +€6,699 | +41.7% |
| Deferred charges and accrued income | 490/1 | €309 | €1,240 | +€931 | +302% |
| Total equity and liabilities | 10/49 | €28,514 | €70,821 | +€42,306 | +148% |
| Equity | 10/15 | €25,673 | €43,694 | +€18,020 | +70.2% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Contributions outside capital | 11 | €12,395 | - | -€12,395 | |
| Other | 1109/19 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €2,217 | €31,299 | +€29,082 | +1,312% |
| Non-distributable reserves | 130/1 | €273 | €273 | = | 0.0% |
| Reserves not available under the articles | 1311 | €273 | €273 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,945 | €1,945 | = | 0.0% |
| Distributable reserves | 133 | - | €29,082 | +€29,082 | |
| Profit (loss) carried forward | 14 | €11,061 | - | -€11,061 | |
| Amounts payable | 17/49 | €2,841 | €27,127 | +€24,286 | +855% |
| Amounts payable after more than one year | 17 | - | €14,583 | +€14,583 | |
| Financial debts | 170/4 | - | €14,583 | +€14,583 | |
| Amounts payable within one year | 42/48 | €2,841 | €11,216 | +€8,375 | +295% |
| Current portion of amounts payable after more than one year | 42 | - | €2,917 | +€2,917 | |
| Trade debts | 44 | €1,003 | €1,115 | +€112 | +11.2% |
| Suppliers | 440/4 | €1,003 | €1,115 | +€112 | +11.2% |
| Taxes, remuneration and social security | 45 | €1,838 | €7,184 | +€5,346 | +291% |
| Taxes | 450/3 | €1,838 | €7,184 | +€5,346 | +291% |
| Accrued charges and deferred income | 492/3 | - | €1,328 | +€1,328 | |
| Non-recurring operating income | 76A | - | €13,388 | +€13,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,759 | €5,417 | +€3,658 | +208% |
| Other operating charges | 640/8 | €686 | €1,641 | +€954 | +139% |
| Non-recurring operating charges | 66A | €714 | - | -€714 | |
| Gross operating margin | 9900 | €7,488 | €24,235 | +€16,747 | +224% |
| Operating profit (loss) | 9901 | €4,328 | €17,177 | +€12,850 | +297% |
| Financial income | 75/76B | €20 | €402 | +€381 | +1,872% |
| Recurring financial income | 75 | €20 | €402 | +€381 | +1,872% |
| Financial charges | 65/66B | €304 | €1,563 | +€1,259 | +415% |
| Recurring financial charges | 65 | €304 | €1,563 | +€1,259 | +415% |
| Profit (loss) for the period before taxes | 9903 | €4,045 | €16,016 | +€11,971 | +296% |
| Income taxes | 67/77 | €340 | €6,086 | +€5,747 | +1,692% |
| Profit (loss) for the period | 9904 | €3,705 | €9,930 | +€6,225 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €3,705 | €9,930 | +€6,225 | +168% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.