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 -€552,379
down €552,379 (-18.3%), from €3.0m to €2.5m
of which Leasing and similar rights: -€552,330
- Receivables within one year +€491,005
up €491,005 (+203.4%), from €241,403 to €732,408
of which Other amounts receivable: +€263,420
- Cash -€94,363
down €94,363 (-100.0%), from €94,405 to €42
mainly Receivables within one year (-€491,005) and Current portion of long-term debt (-€348,530)
- Current portion of long-term debt -€348,530
down €348,530 (-59.2%), from €588,302 to €239,772
- Profit (loss) carried forward +€307,786
up €307,786, from -€15,505 to €292,281
- Debts after one year -€239,772
down €239,772 (-32.0%), from €748,386 to €508,614
- Trade debts +€81,433
up €81,433 (+385.4%), from €21,132 to €102,565
- Tax, wage and social debts +€63,156
up €63,156 (+79.7%), from €79,211 to €142,367
- Gross operating margin +€376,833
up €376,833 (+57.7%), from €652,686 to €1.0m
- Taxes +€62,823
up €62,823 (+158.0%), from €39,772 to €102,595
- Financial charges -€11,062
down €11,062 (-23.8%), from €46,410 to €35,348
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 | €3,349,990 | €3,192,100 | -€157,890 | -4.7% |
| Formation expenses | 20 | €3,351 | €1,198 | -€2,153 | -64.2% |
| Fixed assets | 21/28 | €3,010,831 | €2,458,452 | -€552,379 | -18.3% |
| Tangible fixed assets | 22/27 | €3,010,831 | €2,458,452 | -€552,379 | -18.3% |
| Land and buildings | 22 | €1,882,616 | €1,882,567 | -€49 | 0.0% |
| Leasing and similar rights | 25 | €1,128,215 | €575,885 | -€552,330 | -49.0% |
| Current assets | 29/58 | €335,808 | €732,450 | +€396,642 | +118.1% |
| Amounts receivable within one year | 40/41 | €241,403 | €732,408 | +€491,005 | +203.4% |
| Trade receivables | 40 | €93,913 | €321,498 | +€227,585 | +242.3% |
| Other amounts receivable | 41 | €147,490 | €410,910 | +€263,420 | +178.6% |
| Cash at bank and in hand | 54/58 | €94,405 | €42 | -€94,363 | -100.0% |
| Total equity and liabilities | 10/49 | €3,349,990 | €3,192,100 | -€157,890 | -4.7% |
| Equity | 10/15 | €1,891,185 | €2,184,863 | +€293,678 | +15.5% |
| Contributions | 10/11 | €39,849 | €39,850 | +€1 | 0.0% |
| Revaluation surpluses | 12 | €1,699,275 | €1,699,275 | = | 0.0% |
| Reserves | 13 | €167,566 | €153,457 | -€14,109 | -8.4% |
| Non-distributable reserves | 130/1 | €17,290 | €17,290 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €2,151 | €2,151 | -€0 | 0.0% |
| Other | 1319 | €15,139 | €15,139 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €75,248 | €75,248 | -€0 | 0.0% |
| Distributable reserves | 133 | €75,028 | €60,919 | -€14,109 | -18.8% |
| Profit (loss) carried forward | 14 | -€15,505 | €292,281 | +€307,786 | |
| Provisions and deferred taxes | 16 | €19,274 | €13,920 | -€5,354 | -27.8% |
| Deferred taxes | 168 | €19,274 | €13,920 | -€5,354 | -27.8% |
| Amounts payable | 17/49 | €1,439,531 | €993,317 | -€446,214 | -31.0% |
| Amounts payable after more than one year | 17 | €748,386 | €508,614 | -€239,772 | -32.0% |
| Financial debts | 170/4 | €748,386 | €508,614 | -€239,772 | -32.0% |
| Amounts payable within one year | 42/48 | €688,645 | €484,704 | -€203,941 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €588,302 | €239,772 | -€348,530 | -59.2% |
| Trade debts | 44 | €21,132 | €102,565 | +€81,433 | +385.4% |
| Suppliers | 440/4 | €21,132 | €102,565 | +€81,433 | +385.4% |
| Taxes, remuneration and social security | 45 | €79,211 | €142,367 | +€63,156 | +79.7% |
| Taxes | 450/3 | €79,211 | €142,367 | +€63,156 | +79.7% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556,880 | €554,532 | -€2,348 | -0.4% |
| Other operating charges | 640/8 | €50,366 | €51,941 | +€1,575 | +3.1% |
| Gross operating margin | 9900 | €652,686 | €1,029,519 | +€376,833 | +57.7% |
| Operating profit (loss) | 9901 | €45,440 | €423,045 | +€377,605 | +831.0% |
| Financial income | 75/76B | - | €3,221 | +€3,221 | |
| Recurring financial income | 75 | - | €3,221 | +€3,221 | |
| Financial charges | 65/66B | €46,410 | €35,348 | -€11,062 | -23.8% |
| Recurring financial charges | 65 | €46,410 | €35,348 | -€11,062 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€970 | €390,918 | +€391,888 | |
| Transfer from deferred taxes | 780 | €6,425 | - | -€6,425 | |
| Income taxes | 67/77 | €39,772 | €102,595 | +€62,823 | +158.0% |
| Profit (loss) for the period | 9904 | -€34,317 | €288,323 | +€322,640 | |
| Transfer from tax-exempt reserves | 789 | €18,812 | €19,463 | +€651 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,505 | €307,786 | +€323,291 |
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.