JASMAT IMMO: what changed
Two fiscal 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.
JASMAT IMMO
Largest movements
- Tangible fixed assets -€239,274
down €239,274 (-43.7%), from €547,815 to €308,541
of which Land and buildings: -€233,500
- Cash -€84,761
down €84,761 (-99.4%), from €85,250 to €489
mainly Debts after one year (-€200,265) and Net result for the year (-€98,258)
- Debts after one year -€200,265
down €200,265 (-33.4%), from €600,265 to €400,000
of which Financial debts: -€200,265
- Profit (loss) carried forward -€98,258
down €98,258 (-93.4%), from -€105,174 to -€203,432
- Short-term financial debts -€26,576
no longer reported in 2025 (was €26,576)
- Financial charges +€78,318
up €78,318 (+632.6%), from €12,381 to €90,698
of which Non-recurring financial charges: +€78,954
- Gross operating margin -€20,855
down €20,855 (-57.5%), from €36,277 to €15,423
- Depreciation -€8,440
down €8,440 (-33.7%), from €25,078 to €16,639
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 | €635,777 | €310,679 | -€325,098 | -51.1% |
| Fixed assets | 21/28 | €547,815 | €308,541 | -€239,274 | -43.7% |
| Tangible fixed assets | 22/27 | €547,815 | €308,541 | -€239,274 | -43.7% |
| Land and buildings | 22 | €521,716 | €288,216 | -€233,500 | -44.8% |
| Furniture and vehicles | 24 | €26,099 | €20,325 | -€5,774 | -22.1% |
| Current assets | 29/58 | €87,962 | €2,138 | -€85,824 | -97.6% |
| Amounts receivable within one year | 40/41 | €1,578 | €978 | -€600 | -38.0% |
| Trade receivables | 40 | €1,578 | €978 | -€600 | -38.0% |
| Cash at bank and in hand | 54/58 | €85,250 | €489 | -€84,761 | -99.4% |
| Deferred charges and accrued income | 490/1 | €1,134 | €671 | -€463 | -40.8% |
| Total equity and liabilities | 10/49 | €635,777 | €310,679 | -€325,098 | -51.1% |
| Equity | 10/15 | -€86,507 | -€184,765 | -€98,258 | -113.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67 | €67 | = | 0.0% |
| Non-distributable reserves | 130/1 | €67 | €67 | = | 0.0% |
| Reserves not available under the articles | 1311 | €67 | €67 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,174 | -€203,432 | -€98,258 | -93.4% |
| Amounts payable | 17/49 | €722,284 | €495,444 | -€226,840 | -31.4% |
| Amounts payable after more than one year | 17 | €600,265 | €400,000 | -€200,265 | -33.4% |
| Financial debts | 170/4 | €200,265 | - | -€200,265 | |
| Other amounts payable | 178/9 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €122,020 | €95,444 | -€26,576 | -21.8% |
| Financial debts | 43 | €26,576 | - | -€26,576 | |
| Credit institutions | 430/8 | €26,576 | - | -€26,576 | |
| Other amounts payable | 47/48 | €95,444 | €95,444 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,078 | €16,639 | -€8,440 | -33.7% |
| Non-recurring operating charges | 66A | €91,490 | €6,344 | -€85,145 | -93.1% |
| Gross operating margin | 9900 | €36,277 | €15,423 | -€20,855 | -57.5% |
| Operating profit (loss) | 9901 | -€80,290 | -€7,560 | +€72,730 | +90.6% |
| Financial charges | 65/66B | €12,381 | €90,698 | +€78,318 | +632.6% |
| Recurring financial charges | 65 | €4,731 | €4,095 | -€636 | -13.4% |
| Non-recurring financial charges | 66B | €7,649 | €86,603 | +€78,954 | +1032.2% |
| Profit (loss) for the period before taxes | 9903 | -€92,671 | -€98,258 | -€5,587 | -6.0% |
| Profit (loss) for the period | 9904 | -€92,671 | -€98,258 | -€5,587 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,671 | -€98,258 | -€5,587 | -6.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.