J&M FORDEYN: 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 FORDEYN
Largest movements
- Receivables within one year +€21,498
up €21,498 (+27.2%), from €79,053 to €100,551
of which Other amounts receivable: +€20,986
- Tangible fixed assets -€18,964
down €18,964 (-26.0%), from €72,899 to €53,935
of which Furniture and vehicles: -€16,964
- Cash -€12,206
down €12,206 (-10.8%), from €113,484 to €101,279
mainly Receivables within one year (-€21,498) and Debts after one year (-€9,970)
- Debts after one year -€9,970
down €9,970 (-31.5%), from €31,666 to €21,696
- Gross operating margin -€5,296
down €5,296 (-18.4%), from €28,712 to €23,416
- Financial income -€636
down €636 (-18.6%), from €3,408 to €2,773
- Financial charges -€521
down €521 (-18.7%), from €2,778 to €2,258
- Depreciation +€378
up €378 (+2.0%), from €18,586 to €18,964
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 | €268,831 | €259,266 | -€9,565 | -3.6% |
| Fixed assets | 21/28 | €72,899 | €53,935 | -€18,964 | -26.0% |
| Tangible fixed assets | 22/27 | €72,899 | €53,935 | -€18,964 | -26.0% |
| Furniture and vehicles | 24 | €64,521 | €47,557 | -€16,964 | -26.3% |
| Other tangible fixed assets | 26 | €8,378 | €6,378 | -€2,000 | -23.9% |
| Current assets | 29/58 | €195,931 | €205,331 | +€9,399 | +4.8% |
| Amounts receivable within one year | 40/41 | €79,053 | €100,551 | +€21,498 | +27.2% |
| Trade receivables | 40 | €11,661 | €12,173 | +€512 | +4.4% |
| Other amounts receivable | 41 | €67,393 | €88,379 | +€20,986 | +31.1% |
| Cash at bank and in hand | 54/58 | €113,484 | €101,279 | -€12,206 | -10.8% |
| Deferred charges and accrued income | 490/1 | €3,394 | €3,501 | +€107 | +3.1% |
| Total equity and liabilities | 10/49 | €268,831 | €259,266 | -€9,565 | -3.6% |
| Equity | 10/15 | €216,498 | €216,929 | +€430 | +0.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €209,498 | €209,929 | +€430 | +0.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €207,498 | €207,929 | +€430 | +0.2% |
| Amounts payable | 17/49 | €52,333 | €42,337 | -€9,996 | -19.1% |
| Amounts payable after more than one year | 17 | €31,666 | €21,696 | -€9,970 | -31.5% |
| Financial debts | 170/4 | €31,666 | €21,696 | -€9,970 | -31.5% |
| Amounts payable within one year | 42/48 | €20,536 | €20,641 | +€106 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €9,427 | €9,970 | +€543 | +5.8% |
| Trade debts | 44 | €0 | €1,753 | +€1,753 | |
| Suppliers | 440/4 | €0 | €1,753 | +€1,753 | |
| Taxes, remuneration and social security | 45 | €4,190 | €2,000 | -€2,190 | -52.3% |
| Taxes | 450/3 | €3,630 | €2,000 | -€1,630 | -44.9% |
| Remuneration and social security | 454/9 | €560 | €0 | -€560 | -100% |
| Other amounts payable | 47/48 | €6,919 | €6,919 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €131 | €0 | -€131 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,586 | €18,964 | +€378 | +2.0% |
| Other operating charges | 640/8 | €753 | €827 | +€73 | +9.7% |
| Gross operating margin | 9900 | €28,712 | €23,416 | -€5,296 | -18.4% |
| Operating profit (loss) | 9901 | €9,372 | €3,625 | -€5,747 | -61.3% |
| Financial income | 75/76B | €3,408 | €2,773 | -€636 | -18.6% |
| Recurring financial income | 75 | €3,408 | €2,773 | -€636 | -18.6% |
| Financial charges | 65/66B | €2,778 | €2,258 | -€521 | -18.7% |
| Recurring financial charges | 65 | €2,778 | €2,258 | -€521 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €10,002 | €4,140 | -€5,862 | -58.6% |
| Income taxes | 67/77 | €3,630 | €3,710 | +€79 | +2.2% |
| Profit (loss) for the period | 9904 | €6,372 | €430 | -€5,941 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,372 | €430 | -€5,941 | -93.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.