J M: what changed
Two fiscal 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 M
Largest movements
- Receivables within one year +€1,745
up €1,745 (+3.9%), from €44,881 to €46,626
of which Other amounts receivable: +€1,745
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€132
up €132 (+8.1%), from €1,614 to €1,745
- Other operating charges +€7
up €7 (+1.7%), from €394 to €401
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.
Cash bridge derived
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 | €113,382 | €114,187 | +€804 | +0.7% |
| Fixed assets | 21/28 | €62,533 | €62,533 | = | 0.0% |
| Financial fixed assets | 28 | €62,533 | €62,533 | = | 0.0% |
| Current assets | 29/58 | €50,850 | €51,654 | +€804 | +1.6% |
| Amounts receivable within one year | 40/41 | €44,881 | €46,626 | +€1,745 | +3.9% |
| Trade receivables | 40 | €13,270 | €13,270 | = | 0.0% |
| Other amounts receivable | 41 | €31,610 | €33,356 | +€1,745 | +5.5% |
| Cash at bank and in hand | 54/58 | €5,969 | €5,028 | -€941 | -15.8% |
| Total equity and liabilities | 10/49 | €113,382 | €114,187 | +€804 | +0.7% |
| Equity | 10/15 | €113,382 | €114,187 | +€804 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,782 | €95,587 | +€804 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €92,922 | €93,727 | +€804 | +0.9% |
| Other operating charges | 640/8 | €394 | €401 | +€7 | +1.7% |
| Gross operating margin | 9900 | -€499 | -€495 | +€4 | +0.8% |
| Operating profit (loss) | 9901 | -€893 | -€896 | -€3 | -0.3% |
| Financial income | 75/76B | €1,614 | €1,745 | +€132 | +8.1% |
| Recurring financial income | 75 | €1,614 | €1,745 | +€132 | +8.1% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €676 | €804 | +€129 | +19.0% |
| Profit (loss) for the period | 9904 | €676 | €804 | +€129 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €676 | €804 | +€129 | +19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.