J.M.C. IMMO: 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.C. IMMO
Largest movements
- Cash +€303,499
up €303,499 (+271.3%), from €111,877 to €415,376
mainly Current investments (+€250,000) and Net result for the year (+€99,253)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Tangible fixed assets -€22,418
down €22,418 (-57.9%), from €38,726 to €16,307
- Reserves +€98,231
up €98,231 (+58.5%), from €167,898 to €266,128
of which Distributable reserves: +€99,000
- Tax, wage and social debts -€66,335
down €66,335 (-93.5%), from €70,940 to €4,605
- Gross operating margin +€143,143
up €143,143 (+2295.3%), from €6,236 to €149,380
- Taxes +€49,309
up €49,309 (+3165.2%), from €1,558 to €50,867
- Turnover -€11,800
no longer reported in 2025 (was €11,800)
- Purchases and services -€5,752
no longer reported in 2025 (was €5,752)
- Financial income +€4,226
up €4,226 (+81.4%), from €5,193 to €9,419
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 | €403,488 | €435,241 | +€31,753 | +7.9% |
| Fixed assets | 21/28 | €38,726 | €16,307 | -€22,418 | -57.9% |
| Tangible fixed assets | 22/27 | €38,726 | €16,307 | -€22,418 | -57.9% |
| Land and buildings | 22 | €38,726 | €16,307 | -€22,418 | -57.9% |
| Current assets | 29/58 | €364,763 | €418,934 | +€54,171 | +14.9% |
| Amounts receivable within one year | 40/41 | €2,000 | €3,558 | +€1,558 | +77.9% |
| Other amounts receivable | 41 | €2,000 | €3,558 | +€1,558 | +77.9% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €111,877 | €415,376 | +€303,499 | +271.3% |
| Deferred charges and accrued income | 490/1 | €885 | - | -€885 | |
| Total equity and liabilities | 10/49 | €403,488 | €435,241 | +€31,753 | +7.9% |
| Equity | 10/15 | €329,508 | €427,992 | +€98,484 | +29.9% |
| Contributions | 10/11 | €93,080 | €93,080 | = | 0.0% |
| Capital | 10 | €93,080 | €93,080 | = | 0.0% |
| Issued capital | 100 | €93,080 | €93,080 | = | 0.0% |
| Reserves | 13 | €167,898 | €266,128 | +€98,231 | +58.5% |
| Non-distributable reserves | 130/1 | €2,497 | €2,497 | = | 0.0% |
| Legal reserve | 130 | €2,497 | €2,497 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,901 | €5,132 | -€769 | -13.0% |
| Distributable reserves | 133 | €159,500 | €258,500 | +€99,000 | +62.1% |
| Profit (loss) carried forward | 14 | €68,531 | €68,785 | +€253 | +0.4% |
| Provisions and deferred taxes | 16 | €3,040 | €2,644 | -€396 | -13.0% |
| Deferred taxes | 168 | €3,040 | €2,644 | -€396 | -13.0% |
| Amounts payable | 17/49 | €70,940 | €4,605 | -€66,335 | -93.5% |
| Amounts payable within one year | 42/48 | €70,940 | €4,605 | -€66,335 | -93.5% |
| Taxes, remuneration and social security | 45 | €70,940 | €4,605 | -€66,335 | -93.5% |
| Taxes | 450/3 | €70,940 | €4,605 | -€66,335 | -93.5% |
| Turnover | 70 | €11,800 | - | -€11,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,752 | - | -€5,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,013 | €5,618 | -€2,396 | -29.9% |
| Other operating charges | 640/8 | €3,516 | €4,179 | +€663 | +18.9% |
| Gross operating margin | 9900 | €6,236 | €149,380 | +€143,143 | +2295.3% |
| Operating profit (loss) | 9901 | -€5,293 | €139,583 | +€144,876 | |
| Financial income | 75/76B | €5,193 | €9,419 | +€4,226 | +81.4% |
| Recurring financial income | 75 | €5,193 | €9,419 | +€4,226 | +81.4% |
| Financial charges | 65/66B | €52 | €47 | -€5 | -10.1% |
| Recurring financial charges | 65 | €52 | €47 | -€5 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€152 | €148,955 | +€149,108 | |
| Transfer from deferred taxes | 780 | €1,166 | €1,166 | = | 0.0% |
| Income taxes | 67/77 | €1,558 | €50,867 | +€49,309 | +3165.2% |
| Profit (loss) for the period | 9904 | -€545 | €99,253 | +€99,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€545 | €99,253 | +€99,798 |
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 11 October 2026 via checked.be.