J.C.M.: 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.
J.C.M.
Largest movements
- Tangible fixed assets -€17,082
down €17,082 (-17.1%), from €100,183 to €83,101
- Receivables within one year -€12,387
down €12,387 (-36.6%), from €33,889 to €21,502
of which Trade receivables: -€12,581
- Receivables after one year -€12,000
down €12,000 (-3.8%), from €318,750 to €306,750
- Current investments +€10,000
up €10,000 (+14.8%), from €67,437 to €77,437
- Cash +€6,228
up €6,228 (+143%), from €4,340 to €10,568
mainly Depreciation (+€17,082) and Receivables within one year (+€12,387)
- Profit (loss) carried forward -€18,985
down €18,985 (-4.1%), from €465,366 to €446,381
- Tax, wage and social debts -€6,832
down €6,832 (-23.6%), from €28,987 to €22,155
- Other debts +€5,358
new in 2024: €5,358
- Turnover -€24,897
down €24,897 (-14.8%), from €168,397 to €143,500
- Purchases and services -€13,559
down €13,559 (-9.5%), from €142,803 to €129,244
- Gross operating margin -€11,339
down €11,339 (-44.3%), from €25,594 to €14,255
- Taxes +€5,978
up €5,978 (+38.9%), from €15,356 to €21,334
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,599 | €499,357 | -€25,242 | -4.8% |
| Fixed assets | 21/28 | €100,183 | €83,101 | -€17,082 | -17.1% |
| Tangible fixed assets | 22/27 | €100,183 | €83,101 | -€17,082 | -17.1% |
| Land and buildings | 22 | €53,002 | €47,345 | -€5,657 | -10.7% |
| Plant, machinery and equipment | 23 | €18,011 | €14,074 | -€3,937 | -21.9% |
| Furniture and vehicles | 24 | €29,170 | €21,683 | -€7,487 | -25.7% |
| Current assets | 29/58 | €424,416 | €416,256 | -€8,160 | -1.9% |
| Amounts receivable after more than one year | 29 | €318,750 | €306,750 | -€12,000 | -3.8% |
| Other amounts receivable | 291 | €318,750 | €306,750 | -€12,000 | -3.8% |
| Amounts receivable within one year | 40/41 | €33,889 | €21,502 | -€12,387 | -36.6% |
| Trade receivables | 40 | €33,889 | €21,308 | -€12,581 | -37.1% |
| Other amounts receivable | 41 | - | €193 | +€193 | |
| Current investments | 50/53 | €67,437 | €77,437 | +€10,000 | +14.8% |
| Cash at bank and in hand | 54/58 | €4,340 | €10,568 | +€6,228 | +143% |
| Total equity and liabilities | 10/49 | €524,599 | €499,357 | -€25,242 | -4.8% |
| Equity | 10/15 | €489,214 | €470,230 | -€18,984 | -3.9% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €5,256 | €5,256 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €3,397 | €3,397 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €465,366 | €446,381 | -€18,985 | -4.1% |
| Amounts payable | 17/49 | €35,385 | €29,128 | -€6,257 | -17.7% |
| Amounts payable within one year | 42/48 | €31,135 | €29,128 | -€2,007 | -6.4% |
| Trade debts | 44 | €2,148 | €1,615 | -€533 | -24.8% |
| Suppliers | 440/4 | €2,148 | €1,615 | -€533 | -24.8% |
| Taxes, remuneration and social security | 45 | €28,987 | €22,155 | -€6,832 | -23.6% |
| Taxes | 450/3 | €28,987 | €22,155 | -€6,832 | -23.6% |
| Other amounts payable | 47/48 | - | €5,358 | +€5,358 | |
| Accrued charges and deferred income | 492/3 | €4,250 | - | -€4,250 | |
| Turnover | 70 | €168,397 | €143,500 | -€24,897 | -14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €142,803 | €129,244 | -€13,559 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,714 | €17,082 | -€632 | -3.6% |
| Other operating charges | 640/8 | €4,845 | €4,023 | -€822 | -17.0% |
| Gross operating margin | 9900 | €25,594 | €14,255 | -€11,339 | -44.3% |
| Operating profit (loss) | 9901 | €3,035 | -€6,850 | -€9,885 | |
| Financial income | 75/76B | €10,327 | €9,657 | -€670 | -6.5% |
| Recurring financial income | 75 | €10,327 | €9,657 | -€670 | -6.5% |
| Financial charges | 65/66B | €487 | €457 | -€30 | -6.1% |
| Recurring financial charges | 65 | €487 | €457 | -€30 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €12,875 | €2,349 | -€10,526 | -81.8% |
| Income taxes | 67/77 | €15,356 | €21,334 | +€5,978 | +38.9% |
| Profit (loss) for the period | 9904 | -€2,481 | -€18,985 | -€16,504 | -665% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,481 | -€18,985 | -€16,504 | -665% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.