INVEST JMT: 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.
INVEST JMT
Largest movements
- Tangible fixed assets +€69,125
up €69,125 (+6.6%), from €1.1m to €1.1m
- Other debts +€78,000
up €78,000 (+15.6%), from €500,424 to €578,424
- Profit (loss) carried forward -€13,504
down €13,504 (-39.9%), from -€33,838 to -€47,342
- Depreciation +€8,172
up €8,172 (+81.2%), from €10,059 to €18,231
- Gross operating margin +€7,668
up €7,668, from -€1,608 to €6,060
- Other operating charges -€116
down €116 (-8.5%), from €1,374 to €1,258
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 | €1,071,586 | €1,136,082 | +€64,496 | +6.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,052,981 | €1,122,106 | +€69,125 | +6.6% |
| Tangible fixed assets | 22/27 | €1,052,981 | €1,122,106 | +€69,125 | +6.6% |
| Land and buildings | 22 | €1,052,981 | €1,122,106 | +€69,125 | +6.6% |
| Current assets | 29/58 | €18,605 | €13,976 | -€4,629 | -24.9% |
| Amounts receivable within one year | 40/41 | €4,329 | €2,829 | -€1,500 | -34.7% |
| Trade receivables | 40 | €4,329 | €2,829 | -€1,500 | -34.7% |
| Cash at bank and in hand | 54/58 | €14,155 | €10,908 | -€3,247 | -22.9% |
| Deferred charges and accrued income | 490/1 | €122 | €240 | +€118 | +96.9% |
| Total equity and liabilities | 10/49 | €1,071,586 | €1,136,082 | +€64,496 | +6.0% |
| Equity | 10/15 | €571,162 | €557,658 | -€13,504 | -2.4% |
| Contributions | 10/11 | €605,000 | €605,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,838 | -€47,342 | -€13,504 | -39.9% |
| Amounts payable | 17/49 | €500,424 | €578,424 | +€78,000 | +15.6% |
| Amounts payable within one year | 42/48 | €500,424 | €578,424 | +€78,000 | +15.6% |
| Other amounts payable | 47/48 | €500,424 | €578,424 | +€78,000 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,059 | €18,231 | +€8,172 | +81.2% |
| Other operating charges | 640/8 | €1,374 | €1,258 | -€116 | -8.5% |
| Gross operating margin | 9900 | -€1,608 | €6,060 | +€7,668 | |
| Operating profit (loss) | 9901 | -€13,041 | -€13,429 | -€388 | -3.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €71 | €76 | +€5 | +6.9% |
| Recurring financial charges | 65 | €71 | €76 | +€5 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,112 | -€13,504 | -€392 | -3.0% |
| Profit (loss) for the period | 9904 | -€13,112 | -€13,504 | -€392 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,112 | -€13,504 | -€392 | -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 1 November 2026 via checked.be.