JUMMA: 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.
JUMMA
Largest movements
- Tangible fixed assets +€2.6m
up €2.6m (+167%), from €1.5m to €4.1m
of which Land and buildings: +€2.5m
- Cash -€98,233
down €98,233 (-71.9%), from €136,678 to €38,445
mainly Investment in fixed assets (net) (-€2.6m) and Current portion of long-term debt (-€80,865)
- Debts after one year +€2.5m
up €2.5m (+459%), from €541,642 to €3.0m
- Reserves +€189,058
up €189,058 (+15.5%), from €1.2m to €1.4m
- Current portion of long-term debt -€80,865
down €80,865 (-79.6%), from €101,590 to €20,725
- Other debts -€79,679
down €79,679 (-92.7%), from €85,966 to €6,287
- Trade debts -€48,183
down €48,183 (-71.0%), from €67,825 to €19,642
- Gross operating margin +€53,576
up €53,576 (+18.9%), from €283,353 to €336,928
- Depreciation +€32,974
up €32,974 (+91.1%), from €36,195 to €69,169
- Financial charges +€19,574
up €19,574 (+81.3%), from €24,074 to €43,648
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 | €2,071,197 | €4,539,282 | +€2.5m | +119% |
| Fixed assets | 21/28 | €1,531,255 | €4,085,267 | +€2.6m | +167% |
| Tangible fixed assets | 22/27 | €1,531,255 | €4,085,267 | +€2.6m | +167% |
| Land and buildings | 22 | €1,423,760 | €3,908,647 | +€2.5m | +175% |
| Plant, machinery and equipment | 23 | €8,520 | €2,005 | -€6,514 | -76.5% |
| Furniture and vehicles | 24 | €92,440 | €170,243 | +€77,803 | +84.2% |
| Other tangible fixed assets | 26 | €6,535 | €4,372 | -€2,163 | -33.1% |
| Current assets | 29/58 | €539,942 | €454,014 | -€85,928 | -15.9% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,194 | €40,501 | +€15,308 | +60.8% |
| Trade receivables | 40 | €25,194 | €26,689 | +€1,495 | +5.9% |
| Other amounts receivable | 41 | - | €13,813 | +€13,813 | |
| Cash at bank and in hand | 54/58 | €136,678 | €38,445 | -€98,233 | -71.9% |
| Deferred charges and accrued income | 490/1 | €28,070 | €25,068 | -€3,002 | -10.7% |
| Total equity and liabilities | 10/49 | €2,071,197 | €4,539,282 | +€2.5m | +119% |
| Equity | 10/15 | €1,239,521 | €1,427,658 | +€188,138 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,220,000 | €1,409,058 | +€189,058 | +15.5% |
| Distributable reserves | 133 | €1,220,000 | €1,409,058 | +€189,058 | +15.5% |
| Profit (loss) carried forward | 14 | €921 | - | -€921 | |
| Amounts payable | 17/49 | €831,677 | €3,111,623 | +€2.3m | +274% |
| Amounts payable after more than one year | 17 | €541,642 | €3,025,732 | +€2.5m | +459% |
| Financial debts | 170/4 | €541,642 | €3,025,732 | +€2.5m | +459% |
| Amounts payable within one year | 42/48 | €275,208 | €53,731 | -€221,477 | -80.5% |
| Current portion of amounts payable after more than one year | 42 | €101,590 | €20,725 | -€80,865 | -79.6% |
| Trade debts | 44 | €67,825 | €19,642 | -€48,183 | -71.0% |
| Suppliers | 440/4 | €67,825 | €19,642 | -€48,183 | -71.0% |
| Taxes, remuneration and social security | 45 | €19,828 | €7,077 | -€12,750 | -64.3% |
| Taxes | 450/3 | €19,828 | €7,077 | -€12,750 | -64.3% |
| Other amounts payable | 47/48 | €85,966 | €6,287 | -€79,679 | -92.7% |
| Accrued charges and deferred income | 492/3 | €14,826 | €32,161 | +€17,335 | +117% |
| Non-recurring operating income | 76A | €20,100 | €50,000 | +€29,900 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,195 | €69,169 | +€32,974 | +91.1% |
| Other operating charges | 640/8 | €6,343 | €4,869 | -€1,474 | -23.2% |
| Non-recurring operating charges | 66A | €5,329 | - | -€5,329 | |
| Gross operating margin | 9900 | €283,353 | €336,928 | +€53,576 | +18.9% |
| Operating profit (loss) | 9901 | €235,485 | €262,891 | +€27,405 | +11.6% |
| Financial income | 75/76B | €28,070 | €24,780 | -€3,290 | -11.7% |
| Recurring financial income | 75 | €28,070 | €24,780 | -€3,290 | -11.7% |
| Financial charges | 65/66B | €24,074 | €43,648 | +€19,574 | +81.3% |
| Recurring financial charges | 65 | €24,074 | €43,648 | +€19,574 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €239,481 | €244,023 | +€4,542 | +1.9% |
| Income taxes | 67/77 | €56,774 | €55,885 | -€888 | -1.6% |
| Profit (loss) for the period | 9904 | €182,708 | €188,138 | +€5,430 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €182,708 | €188,138 | +€5,430 | +3.0% |
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 16 October 2026 via checked.be.