JUMICE: 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.
What changed
JUMICE
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €6.2m-€4.5m
Equity
€88.2m
2024 · €86.5m+€1.7m
Cash
€2.8m
2024 · €5.7m-€2.9m
Balance sheet total
€91.6m
2024 · €90.1m+€1.5m
Largest movements
Assets
- Current investments +€3.4m
up €3.4m (+8.2%), from €41.9m to €45.3m
- Cash -€2.9m
down €2.9m (-51.5%), from €5.7m to €2.8m
mainly Current investments (-€3.4m) and Receivables within one year (-€526,797)
Equity and liabilities
- Reserves +€1.7m
up €1.7m (+2.9%), from €59.1m to €60.9m
of which Tax-exempt reserves: +€989,350
Income statement
- Financial income -€3.8m
down €3.8m (-62.0%), from €6.1m to €2.3m
- Turnover -€675,000
down €675,000 (-28.8%), from €2.3m to €1.7m
- Taxes -€179,206
down €179,206 (-37.2%), from €482,378 to €303,172
of which Taxes: -€165,464
- Services and other goods +€114,650
up €114,650 (+8.3%), from €1.4m to €1.5m
- Financial charges +€58,268
up €58,268 (+48.5%), from €120,118 to €178,386
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.
Result 2024
€6.2m
Turnover
-€675,000
Other operating income
+€1,424
Services and other goods
-€114,650
Staff costs
-€56,571
Depreciation
+€1
Other operating charges
-€30
Financial income
-€3.8m
Financial charges
-€58,268
Taxes
+€179,206
Result 2025
€1.7m
raises the resultlowers the result
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.
From operations
+€565,134
Investment
-€3.4m
Financing
-€90,390
Cash 2024
€5.7m
From operations (derived)
+€565,134
Net result for the year
+€1.7m
Receivables after one year
-€468,652
Receivables within one year
-€526,797
Deferred charges and accrued income
-€42,651
Trade debts
-€26,153
Tax, wage and social debts
-€113,739
Accrued charges and deferred income
-€322
Investment (derived)
-€3.4m
Current investments
-€3.4m
Financing
-€90,390
Debts after one year
-€90,390
Cash 2025
€2.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,066,707 | €91,579,551 | +€1.5m | +1.7% |
| Fixed assets | 21/28 | €31,604,171 | €31,604,171 | = | 0.0% |
| Financial fixed assets | 28 | €31,604,171 | €31,604,171 | = | 0.0% |
| Affiliated companies | 280/1 | €31,604,171 | €31,604,171 | = | 0.0% |
| Participating interests | 280 | €31,604,171 | €31,604,171 | = | 0.0% |
| Current assets | 29/58 | €58,462,536 | €59,975,380 | +€1.5m | +2.6% |
| Amounts receivable after more than one year | 29 | €9,915,767 | €10,384,419 | +€468,652 | +4.7% |
| Other amounts receivable | 291 | €9,915,767 | €10,384,419 | +€468,652 | +4.7% |
| Amounts receivable within one year | 40/41 | €981,862 | €1,508,660 | +€526,797 | +53.7% |
| Trade receivables | 40 | €867,735 | €15,267 | -€852,468 | -98.2% |
| Other amounts receivable | 41 | €114,127 | €1,493,393 | +€1.4m | +1,209% |
| Current investments | 50/53 | €41,851,395 | €45,265,910 | +€3.4m | +8.2% |
| Other investments | 51/53 | €41,851,395 | €45,265,910 | +€3.4m | +8.2% |
| Cash at bank and in hand | 54/58 | €5,710,699 | €2,770,928 | -€2.9m | -51.5% |
| Deferred charges and accrued income | 490/1 | €2,812 | €45,463 | +€42,651 | +1,517% |
| Total equity and liabilities | 10/49 | €90,066,707 | €91,579,551 | +€1.5m | +1.7% |
| Equity | 10/15 | €86,480,681 | €88,224,129 | +€1.7m | +2.0% |
| Contributions | 10/11 | €27,310,000 | €27,310,000 | = | 0.0% |
| Capital | 10 | €27,310,000 | €27,310,000 | = | 0.0% |
| Issued capital | 100 | €27,310,000 | €27,310,000 | = | 0.0% |
| Reserves | 13 | €59,143,770 | €60,883,120 | +€1.7m | +2.9% |
| Non-distributable reserves | 130/1 | €2,731,000 | €2,731,000 | = | 0.0% |
| Legal reserve | 130 | €2,731,000 | €2,731,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €997,770 | €1,987,120 | +€989,350 | +99.2% |
| Distributable reserves | 133 | €55,415,000 | €56,165,000 | +€750,000 | +1.4% |
| Profit (loss) carried forward | 14 | €26,911 | €31,009 | +€4,098 | +15.2% |
| Amounts payable | 17/49 | €3,586,026 | €3,355,422 | -€230,603 | -6.4% |
| Amounts payable after more than one year | 17 | €3,047,124 | €2,956,734 | -€90,390 | -3.0% |
| Other amounts payable | 178/9 | €3,047,124 | €2,956,734 | -€90,390 | -3.0% |
| Amounts payable within one year | 42/48 | €523,599 | €383,707 | -€139,891 | -26.7% |
| Trade debts | 44 | €238,876 | €212,723 | -€26,153 | -10.9% |
| Suppliers | 440/4 | €238,876 | €212,723 | -€26,153 | -10.9% |
| Taxes, remuneration and social security | 45 | €284,723 | €170,984 | -€113,739 | -39.9% |
| Taxes | 450/3 | €260,324 | €138,608 | -€121,717 | -46.8% |
| Remuneration and social security | 454/9 | €24,399 | €32,377 | +€7,978 | +32.7% |
| Accrued charges and deferred income | 492/3 | €15,303 | €14,981 | -€322 | -2.1% |
| Operating income | 70/76A | €2,352,648 | €1,679,072 | -€673,576 | -28.6% |
| Turnover | 70 | €2,343,000 | €1,668,000 | -€675,000 | -28.8% |
| Other operating income | 74 | €9,648 | €11,072 | +€1,424 | +14.8% |
| Operating charges | 60/66A | €1,599,816 | €1,771,065 | +€171,250 | +10.7% |
| Services and other goods | 61 | €1,379,144 | €1,493,793 | +€114,650 | +8.3% |
| Remuneration, social security and pensions | 62 | €219,462 | €276,033 | +€56,571 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | - | -€1 | |
| Other operating charges | 640/8 | €1,209 | €1,238 | +€30 | +2.5% |
| Operating profit (loss) | 9901 | €752,832 | -€91,993 | -€844,826 | |
| Financial income | 75/76B | €6,099,000 | €2,316,999 | -€3.8m | -62.0% |
| Recurring financial income | 75 | €6,099,000 | €2,316,999 | -€3.8m | -62.0% |
| Income from financial fixed assets | 750 | €5,153,390 | €778,969 | -€4.4m | -84.9% |
| Income from current assets | 751 | €945,609 | €1,538,031 | +€592,421 | +62.6% |
| Financial charges | 65/66B | €120,118 | €178,386 | +€58,268 | +48.5% |
| Recurring financial charges | 65 | €120,118 | €178,386 | +€58,268 | +48.5% |
| Debt charges | 650 | €61,950 | €72,132 | +€10,182 | +16.4% |
| Other financial charges | 652/9 | €58,168 | €106,254 | +€48,086 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €6,731,714 | €2,046,620 | -€4.7m | -69.6% |
| Income taxes | 67/77 | €482,378 | €303,172 | -€179,206 | -37.2% |
| Taxes | 670/3 | €482,378 | €316,913 | -€165,464 | -34.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €13,741 | +€13,741 | |
| Profit (loss) for the period | 9904 | €6,249,337 | €1,743,448 | -€4.5m | -72.1% |
| Transfer from tax-exempt reserves | 789 | €210,500 | - | -€210,500 | |
| Transfer to tax-exempt reserves | 689 | €997,770 | €989,350 | -€8,420 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,462,067 | €754,098 | -€4.7m | -86.2% |
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 31 October 2026 via checked.be.