Tjammels: 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.
Tjammels
Largest movements
- Tangible fixed assets +€631,959
up €631,959 (+67.8%), from €932,763 to €1.6m
of which Land and buildings: +€506,885
- Receivables within one year -€92,078
down €92,078 (-79.5%), from €115,877 to €23,799
of which Trade receivables: -€90,444
- Cash -€71,700
down €71,700 (-30.4%), from €235,985 to €164,284
mainly Investment in fixed assets (net) (-€694,910) and Current investments (-€15,000)
- Profit (loss) carried forward +€205,128
up €205,128 (+150%), from €136,308 to €341,436
- Debts after one year +€107,899
up €107,899 (+18.0%), from €600,505 to €708,403
- Reserves +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Tax, wage and social debts +€62,983
up €62,983 (+45.9%), from €137,336 to €200,319
of which Taxes: +€60,094
- Gross operating margin +€158,786
up €158,786 (+41.8%), from €379,595 to €538,381
- Staff costs +€24,598
new in 2025: €24,598
- Depreciation +€17,188
up €17,188 (+37.6%), from €45,763 to €62,951
- Financial charges +€13,637
up €13,637 (+67.3%), from €20,261 to €33,898
- Taxes +€12,004
up €12,004 (+13.1%), from €91,713 to €103,717
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 | €1,284,624 | €1,767,806 | +€483,182 | +37.6% |
| Fixed assets | 21/28 | €932,763 | €1,564,722 | +€631,959 | +67.8% |
| Tangible fixed assets | 22/27 | €932,763 | €1,564,722 | +€631,959 | +67.8% |
| Land and buildings | 22 | €913,802 | €1,420,687 | +€506,885 | +55.5% |
| Plant, machinery and equipment | 23 | €18,961 | €38,473 | +€19,512 | +103% |
| Furniture and vehicles | 24 | - | €105,562 | +€105,562 | |
| Current assets | 29/58 | €351,862 | €203,084 | -€148,778 | -42.3% |
| Amounts receivable within one year | 40/41 | €115,877 | €23,799 | -€92,078 | -79.5% |
| Trade receivables | 40 | €111,000 | €20,556 | -€90,444 | -81.5% |
| Other amounts receivable | 41 | €4,877 | €3,244 | -€1,633 | -33.5% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €235,985 | €164,284 | -€71,700 | -30.4% |
| Total equity and liabilities | 10/49 | €1,284,624 | €1,767,806 | +€483,182 | +37.6% |
| Equity | 10/15 | €386,308 | €691,436 | +€305,128 | +79.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Distributable reserves | 133 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Profit (loss) carried forward | 14 | €136,308 | €341,436 | +€205,128 | +150% |
| Amounts payable | 17/49 | €898,317 | €1,076,370 | +€178,054 | +19.8% |
| Amounts payable after more than one year | 17 | €600,505 | €708,403 | +€107,899 | +18.0% |
| Financial debts | 170/4 | €600,505 | €708,403 | +€107,899 | +18.0% |
| Amounts payable within one year | 42/48 | €297,812 | €367,967 | +€70,155 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €156,000 | €165,444 | +€9,444 | +6.1% |
| Trade debts | 44 | €4,475 | €2,204 | -€2,272 | -50.8% |
| Suppliers | 440/4 | €4,475 | €2,204 | -€2,272 | -50.8% |
| Taxes, remuneration and social security | 45 | €137,336 | €200,319 | +€62,983 | +45.9% |
| Taxes | 450/3 | €137,336 | €197,431 | +€60,094 | +43.8% |
| Remuneration and social security | 454/9 | - | €2,888 | +€2,888 | |
| Remuneration, social security and pensions | 62 | - | €24,598 | +€24,598 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,763 | €62,951 | +€17,188 | +37.6% |
| Other operating charges | 640/8 | €207 | €7,719 | +€7,513 | +3,635% |
| Non-recurring operating charges | 66A | - | €1,387 | +€1,387 | |
| Gross operating margin | 9900 | €379,595 | €538,381 | +€158,786 | +41.8% |
| Operating profit (loss) | 9901 | €333,625 | €441,725 | +€108,100 | +32.4% |
| Financial income | 75/76B | €826 | €1,018 | +€191 | +23.2% |
| Recurring financial income | 75 | €826 | €1,018 | +€191 | +23.2% |
| Financial charges | 65/66B | €20,261 | €33,898 | +€13,637 | +67.3% |
| Recurring financial charges | 65 | €20,261 | €33,898 | +€13,637 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €314,190 | €408,845 | +€94,655 | +30.1% |
| Income taxes | 67/77 | €91,713 | €103,717 | +€12,004 | +13.1% |
| Profit (loss) for the period | 9904 | €222,477 | €305,128 | +€82,651 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €222,477 | €305,128 | +€82,651 | +37.2% |
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 25 October 2026 via checked.be.