J&M GROUP: 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 GROUP
Largest movements
- Cash -€8,157
down €8,157 (-94.8%), from €8,607 to €450
mainly Net result for the year (-€8,077) and Trade debts (-€442)
- Profit (loss) carried forward -€8,077
down €8,077, from €504 to -€7,574
- Other debts +€754
up €754 (+34.8%), from €2,169 to €2,923
- Trade debts -€442
down €442 (-20.5%), from €2,154 to €1,712
- Tax, wage and social debts -€392
down €392 (-14.1%), from €2,780 to €2,389
- Gross operating margin -€16,089
down €16,089, from €13,848 to -€2,241
- Other operating charges -€7,750
down €7,750 (-59.1%), from €13,121 to €5,370
- Financial charges +€208
up €208 (+93.1%), from €224 to €432
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,607 | €450 | -€8,157 | -94.8% |
| Current assets | 29/58 | €8,607 | €450 | -€8,157 | -94.8% |
| Cash at bank and in hand | 54/58 | €8,607 | €450 | -€8,157 | -94.8% |
| Total equity and liabilities | 10/49 | €8,607 | €450 | -€8,157 | -94.8% |
| Equity | 10/15 | €1,504 | -€6,574 | -€8,077 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €504 | -€7,574 | -€8,077 | |
| Amounts payable | 17/49 | €7,103 | €7,023 | -€80 | -1.1% |
| Amounts payable within one year | 42/48 | €7,103 | €7,023 | -€80 | -1.1% |
| Trade debts | 44 | €2,154 | €1,712 | -€442 | -20.5% |
| Suppliers | 440/4 | €2,154 | €1,712 | -€442 | -20.5% |
| Taxes, remuneration and social security | 45 | €2,780 | €2,389 | -€392 | -14.1% |
| Taxes | 450/3 | €2,780 | €2,389 | -€392 | -14.1% |
| Other amounts payable | 47/48 | €2,169 | €2,923 | +€754 | +34.8% |
| Remuneration, social security and pensions | 62 | - | €33 | +€33 | |
| Other operating charges | 640/8 | €13,121 | €5,370 | -€7,750 | -59.1% |
| Gross operating margin | 9900 | €13,848 | -€2,241 | -€16,089 | |
| Operating profit (loss) | 9901 | €727 | -€7,645 | -€8,372 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €224 | €432 | +€208 | +93.1% |
| Recurring financial charges | 65 | €224 | €432 | +€208 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €504 | -€8,077 | -€8,581 | |
| Profit (loss) for the period | 9904 | €504 | -€8,077 | -€8,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €504 | -€8,077 | -€8,581 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.