J & M BUILDING: 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 BUILDING
Largest movements
- Tangible fixed assets -€8,606
down €8,606 (-2.7%), from €321,280 to €312,674
- Receivables within one year -€8,469
down €8,469 (-82.5%), from €10,269 to €1,800
of which Trade receivables: -€8,510
- Cash -€5,543
down €5,543 (-50.8%), from €10,902 to €5,359
mainly Other debts (-€20,596) and Trade debts (-€6,228)
- Other debts -€20,596
down €20,596 (-25.2%), from €81,596 to €61,000
- Trade debts -€6,228
down €6,228 (-95.7%), from €6,509 to €281
- Reserves +€3,935
up €3,935 (+1.7%), from €235,743 to €239,678
- Gross operating margin -€4,026
down €4,026 (-21.6%), from €18,668 to €14,642
- Taxes -€899
down €899 (-40.7%), from €2,210 to €1,311
- Other operating charges +€217
up €217 (+39.5%), from €549 to €765
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 | €342,452 | €319,834 | -€22,618 | -6.6% |
| Fixed assets | 21/28 | €321,280 | €312,674 | -€8,606 | -2.7% |
| Tangible fixed assets | 22/27 | €321,280 | €312,674 | -€8,606 | -2.7% |
| Land and buildings | 22 | €321,280 | €312,674 | -€8,606 | -2.7% |
| Current assets | 29/58 | €21,172 | €7,159 | -€14,012 | -66.2% |
| Amounts receivable within one year | 40/41 | €10,269 | €1,800 | -€8,469 | -82.5% |
| Trade receivables | 40 | €9,332 | €822 | -€8,510 | -91.2% |
| Other amounts receivable | 41 | €937 | €978 | +€42 | +4.4% |
| Cash at bank and in hand | 54/58 | €10,902 | €5,359 | -€5,543 | -50.8% |
| Total equity and liabilities | 10/49 | €342,452 | €319,834 | -€22,618 | -6.6% |
| Equity | 10/15 | €254,343 | €258,278 | +€3,935 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €235,743 | €239,678 | +€3,935 | +1.7% |
| Distributable reserves | 133 | €235,743 | €239,678 | +€3,935 | +1.7% |
| Amounts payable | 17/49 | €88,109 | €61,556 | -€26,553 | -30.1% |
| Amounts payable within one year | 42/48 | €88,109 | €61,556 | -€26,553 | -30.1% |
| Trade debts | 44 | €6,509 | €281 | -€6,228 | -95.7% |
| Suppliers | 440/4 | €6,509 | €281 | -€6,228 | -95.7% |
| Taxes, remuneration and social security | 45 | €3 | €275 | +€271 | +7,814% |
| Taxes | 450/3 | €3 | €275 | +€271 | +7,814% |
| Other amounts payable | 47/48 | €81,596 | €61,000 | -€20,596 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,606 | €8,606 | = | 0.0% |
| Other operating charges | 640/8 | €549 | €765 | +€217 | +39.5% |
| Gross operating margin | 9900 | €18,668 | €14,642 | -€4,026 | -21.6% |
| Operating profit (loss) | 9901 | €9,513 | €5,270 | -€4,243 | -44.6% |
| Financial charges | 65/66B | €31 | €24 | -€7 | -23.1% |
| Recurring financial charges | 65 | €31 | €24 | -€7 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €9,482 | €5,246 | -€4,235 | -44.7% |
| Income taxes | 67/77 | €2,210 | €1,311 | -€899 | -40.7% |
| Profit (loss) for the period | 9904 | €7,271 | €3,935 | -€3,336 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,271 | €3,935 | -€3,336 | -45.9% |
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 25 October 2026 via checked.be.