J.M. Audit: 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.M. Audit
Largest movements
- Current investments -€523,871
down €523,871 (-94.8%), from €552,522 to €28,651
- Tangible fixed assets -€188,679
down €188,679 (-14.9%), from €1.3m to €1.1m
- Receivables within one year -€95,038
down €95,038 (-5.8%), from €1.6m to €1.5m
- Financial fixed assets -€67,500
down €67,500 (-13.0%), from €518,110 to €450,610
- Debts -€1.2m
down €1.2m (-31.4%), from €3.9m to €2.7m
of which Debts after one year: -€792,247
- Contributions +€481,400
up €481,400 (+2,588%), from €18,600 to €500,000
- Profit (loss) carried forward -€135,778
down €135,778, from €474 to -€135,304
- Turnover -€127,732
down €127,732 (-32.4%), from €394,444 to €266,712
- Depreciation -€23,136
down €23,136 (-17.3%), from €134,031 to €110,895
- Taxes +€21,181
up €21,181 (+33,744%), from €63 to €21,244
- Gross operating margin -€18,081
down €18,081 (-9.6%), from €187,985 to €169,904
From the 2011 result to the 2012 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 2011 and 2012 balance sheets and the 2012 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,989,449 | €3,089,884 | -€899,564 | -22.5% |
| Fixed assets | 21/28 | €1,792,737 | €1,525,563 | -€267,174 | -14.9% |
| Intangible fixed assets | 21 | €10,996 | - | -€10,996 | |
| Tangible fixed assets | 22/27 | €1,263,631 | €1,074,953 | -€188,679 | -14.9% |
| Financial fixed assets | 28 | €518,110 | €450,610 | -€67,500 | -13.0% |
| Current assets | 29/58 | €2,196,712 | €1,564,322 | -€632,390 | -28.8% |
| Amounts receivable within one year | 40/41 | €1,627,450 | €1,532,412 | -€95,038 | -5.8% |
| Current investments | 50/53 | €552,522 | €28,651 | -€523,871 | -94.8% |
| Cash at bank and in hand | 54/58 | €16,741 | €3,259 | -€13,481 | -80.5% |
| Total equity and liabilities | 10/49 | €3,989,449 | €3,089,884 | -€899,564 | -22.5% |
| Equity | 10/15 | €24,934 | €366,556 | +€341,622 | +1,370% |
| Contributions | 10/11 | €18,600 | €500,000 | +€481,400 | +2,588% |
| Reserves | 13 | €5,860 | €1,860 | -€4,000 | -68.3% |
| Profit (loss) carried forward | 14 | €474 | -€135,304 | -€135,778 | |
| Provisions and deferred taxes | 16 | €24,000 | €21,600 | -€2,400 | -10.0% |
| Amounts payable | 17/49 | €3,940,515 | €2,701,728 | -€1.2m | -31.4% |
| Amounts payable after more than one year | 17 | €2,906,893 | €2,114,645 | -€792,247 | -27.3% |
| Amounts payable within one year | 42/48 | €1,026,289 | €540,548 | -€485,741 | -47.3% |
| Trade debts | 44 | €5,045 | €15,741 | +€10,696 | +212% |
| Turnover | 70 | €394,444 | €266,712 | -€127,732 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,031 | €110,895 | -€23,136 | -17.3% |
| Gross operating margin | 9900 | €187,985 | €169,904 | -€18,081 | -9.6% |
| Operating profit (loss) | 9901 | €19,919 | €42,865 | +€22,947 | +115% |
| Recurring financial income | 75 | €16,494 | €31,207 | +€14,713 | +89.2% |
| Recurring financial charges | 65 | €184,088 | €194,768 | +€10,680 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €227,752 | -€118,534 | -€346,286 | |
| Income taxes | 67/77 | €63 | €21,244 | +€21,181 | +33,744% |
| Profit (loss) for the period | 9904 | €227,690 | -€139,778 | -€367,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €227,690 | -€139,778 | -€367,467 |
Source: filed annual accounts (NBB), financial years ended 30 June 2011 and 30 June 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.