J.M @ INFO: 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 @ INFO
Largest movements
- Receivables within one year +€8,976
up €8,976 (+31.5%), from €28,463 to €37,438
of which Other amounts receivable: +€7,633
- Cash -€6,999
down €6,999 (-38.9%), from €18,013 to €11,015
mainly Contributions, distributions and other (-€54,357) and Receivables within one year (-€8,976)
- Tax, wage and social debts +€5,185
up €5,185 (+35.3%), from €14,685 to €19,869
of which Taxes: +€5,185
- Other debts -€3,242
down €3,242 (-16.5%), from €19,600 to €16,357
- Gross operating margin -€5,785
down €5,785 (-7.7%), from €75,000 to €69,215
- Purchases and services +€2,494
up €2,494 (+3.5%), from €70,289 to €72,783
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 | €47,613 | €49,778 | +€2,165 | +4.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €47,613 | €49,778 | +€2,165 | +4.5% |
| Amounts receivable within one year | 40/41 | €28,463 | €37,438 | +€8,976 | +31.5% |
| Trade receivables | 40 | €21,248 | €22,591 | +€1,343 | +6.3% |
| Other amounts receivable | 41 | €7,215 | €14,848 | +€7,633 | +106% |
| Cash at bank and in hand | 54/58 | €18,013 | €11,015 | -€6,999 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,137 | €1,325 | +€188 | +16.5% |
| Total equity and liabilities | 10/49 | €47,613 | €49,778 | +€2,165 | +4.5% |
| Equity | 10/15 | €12,886 | €12,886 | = | 0.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €4,826 | €4,826 | = | 0.0% |
| Distributable reserves | 133 | €4,826 | €4,826 | = | 0.0% |
| Amounts payable | 17/49 | €34,727 | €36,892 | +€2,165 | +6.2% |
| Amounts payable within one year | 42/48 | €34,727 | €36,892 | +€2,165 | +6.2% |
| Trade debts | 44 | €443 | €666 | +€223 | +50.4% |
| Suppliers | 440/4 | €443 | €666 | +€223 | +50.4% |
| Taxes, remuneration and social security | 45 | €14,685 | €19,869 | +€5,185 | +35.3% |
| Taxes | 450/3 | €14,685 | €19,869 | +€5,185 | +35.3% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €19,600 | €16,357 | -€3,242 | -16.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,289 | €72,783 | +€2,494 | +3.5% |
| Other operating charges | 640/8 | €424 | €643 | +€219 | +51.5% |
| Gross operating margin | 9900 | €75,000 | €69,215 | -€5,785 | -7.7% |
| Operating profit (loss) | 9901 | €74,576 | €68,572 | -€6,004 | -8.1% |
| Financial income | 75/76B | €149 | €170 | +€21 | +14.2% |
| Recurring financial income | 75 | €149 | €170 | +€21 | +14.2% |
| Financial charges | 65/66B | €169 | €39 | -€130 | -76.9% |
| Recurring financial charges | 65 | €169 | €39 | -€130 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €74,556 | €68,703 | -€5,853 | -7.9% |
| Income taxes | 67/77 | €14,956 | €14,346 | -€610 | -4.1% |
| Profit (loss) for the period | 9904 | €59,600 | €54,357 | -€5,242 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,600 | €54,357 | -€5,242 | -8.8% |
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 30 October 2026 via checked.be.