J.M. Beheer: 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. Beheer
Largest movements
- Tangible fixed assets +€91,496
up €91,496 (+31.7%), from €288,225 to €379,721
of which Furniture and vehicles: +€84,757
- Receivables within one year +€79,106
up €79,106 (+42.5%), from €186,177 to €265,283
of which Other amounts receivable: +€115,406
- Debts after one year +€63,400
up €63,400 (+108%), from €58,490 to €121,890
- Reserves +€61,433
up €61,433 (+52.9%), from €116,123 to €177,556
of which Distributable reserves: +€61,433
- Other debts +€13,849
up €13,849 (+6.2%), from €222,381 to €236,230
- Tax, wage and social debts +€11,654
up €11,654 (+44.6%), from €26,132 to €37,786
of which Taxes: +€18,446
- Current portion of long-term debt +€10,936
up €10,936 (+55.3%), from €19,787 to €30,723
- Taxes +€13,676
up €13,676 (+91.2%), from €14,992 to €28,669
- Gross operating margin -€5,383
down €5,383 (-4.5%), from €119,482 to €114,100
- Other operating charges +€1,837
up €1,837 (+54.5%), from €3,369 to €5,206
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 | €578,658 | €747,324 | +€168,667 | +29.1% |
| Fixed assets | 21/28 | €387,959 | €478,878 | +€90,920 | +23.4% |
| Tangible fixed assets | 22/27 | €288,225 | €379,721 | +€91,496 | +31.7% |
| Land and buildings | 22 | €288,225 | €293,052 | +€4,826 | +1.7% |
| Furniture and vehicles | 24 | - | €84,757 | +€84,757 | |
| Other tangible fixed assets | 26 | - | €1,913 | +€1,913 | |
| Financial fixed assets | 28 | €99,733 | €99,157 | -€576 | -0.6% |
| Current assets | 29/58 | €190,699 | €268,446 | +€77,747 | +40.8% |
| Amounts receivable within one year | 40/41 | €186,177 | €265,283 | +€79,106 | +42.5% |
| Trade receivables | 40 | €66,850 | €30,550 | -€36,300 | -54.3% |
| Other amounts receivable | 41 | €119,327 | €234,733 | +€115,406 | +96.7% |
| Cash at bank and in hand | 54/58 | €53 | €2,010 | +€1,957 | +3,679% |
| Deferred charges and accrued income | 490/1 | €4,468 | €1,152 | -€3,317 | -74.2% |
| Total equity and liabilities | 10/49 | €578,658 | €747,324 | +€168,667 | +29.1% |
| Equity | 10/15 | €245,195 | €306,628 | +€61,433 | +25.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €116,123 | €177,556 | +€61,433 | +52.9% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €108,623 | €170,056 | +€61,433 | +56.6% |
| Profit (loss) carried forward | 14 | €54,072 | €54,072 | = | 0.0% |
| Amounts payable | 17/49 | €333,462 | €440,696 | +€107,234 | +32.2% |
| Amounts payable after more than one year | 17 | €58,490 | €121,890 | +€63,400 | +108% |
| Financial debts | 170/4 | €58,490 | €121,890 | +€63,400 | +108% |
| Amounts payable within one year | 42/48 | €274,585 | €315,056 | +€40,471 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €19,787 | €30,723 | +€10,936 | +55.3% |
| Financial debts | 43 | €5,259 | €6,071 | +€812 | +15.4% |
| Credit institutions | 430/8 | €5,259 | €6,071 | +€812 | +15.4% |
| Trade debts | 44 | €1,025 | €4,246 | +€3,221 | +314% |
| Suppliers | 440/4 | €1,025 | €4,246 | +€3,221 | +314% |
| Taxes, remuneration and social security | 45 | €26,132 | €37,786 | +€11,654 | +44.6% |
| Taxes | 450/3 | €12,311 | €30,757 | +€18,446 | +150% |
| Remuneration and social security | 454/9 | €13,821 | €7,029 | -€6,792 | -49.1% |
| Other amounts payable | 47/48 | €222,381 | €236,230 | +€13,849 | +6.2% |
| Accrued charges and deferred income | 492/3 | €387 | €3,750 | +€3,363 | +868% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,192 | €13,895 | +€704 | +5.3% |
| Other operating charges | 640/8 | €3,369 | €5,206 | +€1,837 | +54.5% |
| Gross operating margin | 9900 | €119,482 | €114,100 | -€5,383 | -4.5% |
| Operating profit (loss) | 9901 | €102,922 | €94,998 | -€7,924 | -7.7% |
| Financial income | 75/76B | - | €367 | +€367 | |
| Recurring financial income | 75 | - | €367 | +€367 | |
| Financial charges | 65/66B | €4,630 | €5,264 | +€634 | +13.7% |
| Recurring financial charges | 65 | €4,630 | €5,264 | +€634 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €98,292 | €90,101 | -€8,191 | -8.3% |
| Income taxes | 67/77 | €14,992 | €28,669 | +€13,676 | +91.2% |
| Profit (loss) for the period | 9904 | €83,300 | €61,433 | -€21,867 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,300 | €61,433 | -€21,867 | -26.3% |
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 16 October 2026 via checked.be.