J.I.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.I.M
Largest movements
- Current investments +€133,718
new in 2025: €133,718
- Cash -€121,710
down €121,710 (-94.1%), from €129,375 to €7,665
mainly Current investments (-€133,718) and Receivables within one year (-€61,049)
- Receivables within one year +€61,049
up €61,049 (+151%), from €40,349 to €101,398
of which Trade receivables: +€43,271
- Tangible fixed assets +€13,916
up €13,916 (+287%), from €4,853 to €18,768
- Stocks and contracts +€4,392
new in 2025: €4,392
- Profit (loss) carried forward +€94,547
up €94,547 (+82.9%), from €114,098 to €208,645
- Trade debts -€15,001
down €15,001 (-57.7%), from €26,019 to €11,018
- Tax, wage and social debts +€12,843
up €12,843 (+42.7%), from €30,058 to €42,900
- Financial income +€20,238
up €20,238 (+101,188,300%), from €0 to €20,238
- Taxes +€11,530
up €11,530 (+49.8%), from €23,129 to €34,659
- Gross operating margin +€11,379
up €11,379 (+10.5%), from €108,886 to €120,265
- Depreciation +€8,279
up €8,279 (+2,148%), from €385 to €8,664
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 | €175,174 | €267,563 | +€92,389 | +52.7% |
| Fixed assets | 21/28 | €4,853 | €18,768 | +€13,916 | +287% |
| Tangible fixed assets | 22/27 | €4,853 | €18,768 | +€13,916 | +287% |
| Furniture and vehicles | 24 | €4,853 | €18,768 | +€13,916 | +287% |
| Current assets | 29/58 | €170,321 | €248,795 | +€78,473 | +46.1% |
| Stocks and contracts in progress | 3 | - | €4,392 | +€4,392 | |
| Stocks | 30/36 | - | €4,392 | +€4,392 | |
| Amounts receivable within one year | 40/41 | €40,349 | €101,398 | +€61,049 | +151% |
| Trade receivables | 40 | €40,349 | €83,620 | +€43,271 | +107% |
| Other amounts receivable | 41 | - | €17,778 | +€17,778 | |
| Current investments | 50/53 | - | €133,718 | +€133,718 | |
| Cash at bank and in hand | 54/58 | €129,375 | €7,665 | -€121,710 | -94.1% |
| Deferred charges and accrued income | 490/1 | €598 | €1,622 | +€1,024 | +171% |
| Total equity and liabilities | 10/49 | €175,174 | €267,563 | +€92,389 | +52.7% |
| Equity | 10/15 | €119,098 | €213,645 | +€94,547 | +79.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,098 | €208,645 | +€94,547 | +82.9% |
| Amounts payable | 17/49 | €56,076 | €53,918 | -€2,158 | -3.8% |
| Amounts payable within one year | 42/48 | €56,076 | €53,918 | -€2,158 | -3.8% |
| Trade debts | 44 | €26,019 | €11,018 | -€15,001 | -57.7% |
| Suppliers | 440/4 | €26,019 | €11,018 | -€15,001 | -57.7% |
| Taxes, remuneration and social security | 45 | €30,058 | €42,900 | +€12,843 | +42.7% |
| Taxes | 450/3 | €30,058 | €42,900 | +€12,843 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385 | €8,664 | +€8,279 | +2,148% |
| Other operating charges | 640/8 | €680 | €1,445 | +€765 | +112% |
| Gross operating margin | 9900 | €108,886 | €120,265 | +€11,379 | +10.5% |
| Operating profit (loss) | 9901 | €107,820 | €110,156 | +€2,335 | +2.2% |
| Financial income | 75/76B | €0 | €20,238 | +€20,238 | +101,188,300% |
| Recurring financial income | 75 | €0 | €20,238 | +€20,238 | +101,188,300% |
| Financial charges | 65/66B | €71 | €1,187 | +€1,116 | +1,561% |
| Recurring financial charges | 65 | €71 | €1,187 | +€1,116 | +1,561% |
| Profit (loss) for the period before taxes | 9903 | €107,749 | €129,206 | +€21,457 | +19.9% |
| Income taxes | 67/77 | €23,129 | €34,659 | +€11,530 | +49.8% |
| Profit (loss) for the period | 9904 | €84,619 | €94,547 | +€9,928 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,619 | €94,547 | +€9,928 | +11.7% |
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 24 October 2026 via checked.be.