GROUP JM'S: 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.
GROUP JM'S
Largest movements
- Receivables within one year +€2,608
up €2,608 (+101%), from €2,580 to €5,188
- Cash -€357
down €357 (-92.5%), from €386 to €29
mainly Receivables within one year (-€2,608) and Trade debts (-€1,041)
- Profit (loss) carried forward +€3,507
up €3,507, from -€3,190 to €316
- Trade debts -€1,041
down €1,041 (-42.7%), from €2,437 to €1,396
- Other debts -€732
no longer reported in 2025 (was €732)
- Tax, wage and social debts +€593
up €593 (+740%), from €80 to €674
- Gross operating margin +€4,404
up €4,404 (+548%), from €804 to €5,208
- Other operating charges +€1,090
new in 2025: €1,090
- Taxes +€466
new in 2025: €466
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 | €8,124 | €10,451 | +€2,327 | +28.6% |
| Fixed assets | 21/28 | €5,100 | €5,100 | = | 0.0% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €3,024 | €5,351 | +€2,327 | +76.9% |
| Amounts receivable within one year | 40/41 | €2,580 | €5,188 | +€2,608 | +101% |
| Trade receivables | 40 | €2,580 | €5,188 | +€2,608 | +101% |
| Cash at bank and in hand | 54/58 | €386 | €29 | -€357 | -92.5% |
| Deferred charges and accrued income | 490/1 | €59 | €134 | +€76 | +129% |
| Total equity and liabilities | 10/49 | €8,124 | €10,451 | +€2,327 | +28.6% |
| Equity | 10/15 | €4,817 | €8,323 | +€3,507 | +72.8% |
| Contributions | 10/11 | €8,007 | €8,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,190 | €316 | +€3,507 | |
| Amounts payable | 17/49 | €3,308 | €2,128 | -€1,180 | -35.7% |
| Amounts payable within one year | 42/48 | €3,249 | €2,069 | -€1,180 | -36.3% |
| Trade debts | 44 | €2,437 | €1,396 | -€1,041 | -42.7% |
| Suppliers | 440/4 | €2,437 | €1,396 | -€1,041 | -42.7% |
| Taxes, remuneration and social security | 45 | €80 | €674 | +€593 | +740% |
| Taxes | 450/3 | €80 | €674 | +€593 | +740% |
| Other amounts payable | 47/48 | €732 | - | -€732 | |
| Accrued charges and deferred income | 492/3 | €59 | €59 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,090 | +€1,090 | |
| Gross operating margin | 9900 | €804 | €5,208 | +€4,404 | +548% |
| Operating profit (loss) | 9901 | €804 | €4,118 | +€3,314 | +412% |
| Financial charges | 65/66B | €139 | €145 | +€7 | +4.8% |
| Recurring financial charges | 65 | €139 | €145 | +€7 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €666 | €3,973 | +€3,307 | +497% |
| Income taxes | 67/77 | - | €466 | +€466 | |
| Profit (loss) for the period | 9904 | €666 | €3,507 | +€2,841 | +427% |
| Profit (loss) for the period to be appropriated | 9905 | €666 | €3,507 | +€2,841 | +427% |
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 18 October 2026 via checked.be.