JM PROJECTS (0749.928.378): financials and annual accounts

JM PROJECTS

Geel ·KBO/BCE: BE 0749.928.378

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	71,136	40,958	38,965	35,803	20,347
Fixed assets`21/28`	17,324	14,223	3,965	7,573	1,186
Tangible fixed assets`22/27`	17,324	14,223	3,965	7,573	1,186
Plant, machinery and equipment`23`	902	1,187	18	318	617
Furniture and vehicles`24`	16,421	13,035	3,947	7,255	568
Current assets`29/58`	53,813	26,735	35,000	28,231	19,161
Stocks and contracts in progress`3`	35,395	-	-	-	-
Stocks`30/36`	9,200	-	-	-	-
Contracts in progress`37`	26,195	-	-	-	-
Amounts receivable within one year`40/41`	10,362	22,055	22,108	17,703	13,205
Trade receivables`40`	4,973	17,436	19,819	13,286	10,102
Other amounts receivable`41`	5,389	4,619	2,289	4,417	3,103
Cash at bank and in hand`54/58`	7,746	4,509	12,764	6,976	5,001
Deferred charges and accrued income`490/1`	310	171	127	3,552	955
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	71,136	40,958	38,965	35,803	20,347
Equity`10/15`	853	-25,138	-13,675	-19,014	-14,332
Contributions`10/11`	3,000	3,000	3,000	3,000	3,000
Profit (loss) carried forward`14`	-2,147	-28,138	-16,675	-22,014	-17,332
Amounts payable`17/49`	70,283	66,096	52,640	54,818	34,679
Amounts payable within one year`42/48`	70,283	66,096	52,640	54,818	34,679
Trade debts`44`	19,977	12,325	10,269	16,897	1,178
Suppliers`440/4`	19,977	12,325	10,269	16,897	1,178
Taxes, remuneration and social security`45`	10,445	14,758	11,433	10,009	5,813
Taxes`450/3`	9,345	13,658	6,133	4,009	4,063
Remuneration and social security`454/9`	1,100	1,100	5,300	6,000	1,750
Other amounts payable`47/48`	39,861	39,013	30,937	27,912	27,688
Income statement
Non-recurring operating income`76A`	-	-	1,257	38	-
Gross operating margin`9900`	34,044	-5,076	11,379	651	-15,553
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	4,419	4,691	3,608	2,763	488
Other operating charges`640/8`	655	1,332	763	575	437
Operating profit (loss)`9901`	28,970	-11,099	7,008	-2,687	-16,478
Financial income`75/76B`	668	641	143	63	280
Recurring financial income`75`	668	641	143	63	280
Financial charges`65/66B`	2,129	616	1,437	1,698	826
Recurring financial charges`65`	2,129	616	1,437	1,698	826
Profit (loss) for the period before taxes`9903`	27,508	-11,074	5,714	-4,321	-17,024
Income taxes`67/77`	1,518	389	374	361	308
Profit (loss) for the period`9904`	25,991	-11,463	5,339	-4,683	-17,332
Profit (loss) for the period to be appropriated`9905`	25,991	-11,463	5,339	-4,683	-17,332
Appropriation of the result
Profit (loss) to be appropriated`9906`	-2,147	-28,138	-16,675	-22,014	-17,332
Profit (loss) brought forward from the previous period`14P`	-28,138	-16,675	-22,014	-17,332	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	30-01-2026	2026-00033795	PDF
30-06-2024	micro format	31-01-2025	2025-00031468	PDF
30-06-2023	micro format	31-01-2024	2024-00028160	PDF
30-06-2022	micro format	31-01-2023	2023-00019127	PDF
30-06-2021	micro format	27-01-2022	2022-04300444	PDF

Line	2025	2024	2023	2022	2021
EBITDA	33,388	-6,408	10,616	77	-15,990
Cash flow	30,409	-6,772	8,947	-1,919	-16,844
Investment in fixed assets (approximation)	7,520	14,950	0	9,150	1,674
Change in cash	3,237	-8,256	5,788	1,975	-
Working capital	-16,471	-39,361	-17,640	-26,587	-15,517
Solvency	1.2%	-61.4%	-35.1%	-53.1%	-70.4%
Current ratio	0.77	0.40	0.66	0.51	0.55
Quick ratio	0.26	0.40	0.66	0.51	0.55
ROA	36.5%	-28.0%	13.7%	-13.1%	-85.2%
Interest coverage	15.69	-10.41	7.39	0.05	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€7,520	€14,950	-	€9,150
Depreciation and write-downs of the year	€4,419	€4,691	€3,608	€2,763

JM PROJECTS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency1.2%

Current ratio0.77

Return on assets36.5%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on JM PROJECTS

Next steps