J.M.B. ASSOCIATION: 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.B. ASSOCIATION
Largest movements
- Cash -€41,126
down €41,126 (-39.4%), from €104,460 to €63,334
mainly Other debts (-€20,000) and Tax, wage and social debts (-€8,904)
- Tangible fixed assets +€7,250
up €7,250 (+254%), from €2,851 to €10,101
- Receivables within one year +€4,738
up €4,738 (+111%), from €4,264 to €9,002
of which Other amounts receivable: +€6,849
- Other debts -€20,000
down €20,000 (-95.4%), from €20,968 to €968
- Tax, wage and social debts -€8,904
down €8,904 (-78.6%), from €11,323 to €2,420
of which Taxes: -€11,323
- Trade debts -€5,866
down €5,866 (-89.6%), from €6,543 to €678
- Profit (loss) carried forward +€5,461
up €5,461 (+8.3%), from €65,762 to €71,223
- Gross operating margin -€21,255
down €21,255 (-14.1%), from €150,924 to €129,669
- Staff costs +€19,456
up €19,456 (+21.5%), from €90,569 to €110,025
- Depreciation -€9,955
no longer reported in 2025 (was €9,955)
- Taxes -€3,852
down €3,852 (-26.0%), from €14,842 to €10,990
- Other operating charges -€1,636
down €1,636 (-35.7%), from €4,586 to €2,950
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 | €115,270 | €86,133 | -€29,138 | -25.3% |
| Fixed assets | 21/28 | €6,547 | €13,796 | +€7,250 | +111% |
| Tangible fixed assets | 22/27 | €2,851 | €10,101 | +€7,250 | +254% |
| Furniture and vehicles | 24 | €2,851 | €10,101 | +€7,250 | +254% |
| Financial fixed assets | 28 | €3,696 | €3,696 | = | 0.0% |
| Current assets | 29/58 | €108,724 | €72,336 | -€36,387 | -33.5% |
| Amounts receivable within one year | 40/41 | €4,264 | €9,002 | +€4,738 | +111% |
| Trade receivables | 40 | €3,697 | €1,586 | -€2,111 | -57.1% |
| Other amounts receivable | 41 | €567 | €7,416 | +€6,849 | +1,208% |
| Cash at bank and in hand | 54/58 | €104,460 | €63,334 | -€41,126 | -39.4% |
| Total equity and liabilities | 10/49 | €115,270 | €86,133 | -€29,138 | -25.3% |
| Equity | 10/15 | €73,822 | €79,283 | +€5,461 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €65,762 | €71,223 | +€5,461 | +8.3% |
| Amounts payable | 17/49 | €41,448 | €6,849 | -€34,599 | -83.5% |
| Amounts payable within one year | 42/48 | €41,448 | €6,849 | -€34,599 | -83.5% |
| Current portion of amounts payable after more than one year | 42 | €2,614 | €2,784 | +€171 | +6.5% |
| Trade debts | 44 | €6,543 | €678 | -€5,866 | -89.6% |
| Suppliers | 440/4 | €6,543 | €678 | -€5,866 | -89.6% |
| Taxes, remuneration and social security | 45 | €11,323 | €2,420 | -€8,904 | -78.6% |
| Taxes | 450/3 | €11,323 | - | -€11,323 | |
| Remuneration and social security | 454/9 | - | €2,420 | +€2,420 | |
| Other amounts payable | 47/48 | €20,968 | €968 | -€20,000 | -95.4% |
| Remuneration, social security and pensions | 62 | €90,569 | €110,025 | +€19,456 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,955 | - | -€9,955 | |
| Other operating charges | 640/8 | €4,586 | €2,950 | -€1,636 | -35.7% |
| Gross operating margin | 9900 | €150,924 | €129,669 | -€21,255 | -14.1% |
| Operating profit (loss) | 9901 | €45,814 | €16,693 | -€29,120 | -63.6% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €155 | €242 | +€88 | +56.7% |
| Recurring financial charges | 65 | €155 | €242 | +€88 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €45,671 | €16,451 | -€29,220 | -64.0% |
| Income taxes | 67/77 | €14,842 | €10,990 | -€3,852 | -26.0% |
| Profit (loss) for the period | 9904 | €30,829 | €5,461 | -€25,368 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,829 | €5,461 | -€25,368 | -82.3% |
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 26 October 2026 via checked.be.