J.M.S.: 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.S.
Largest movements
- Receivables within one year +€15,513
up €15,513 (+11.1%), from €139,538 to €155,051
- Cash +€8,354
up €8,354 (+43.5%), from €19,200 to €27,554
mainly Net result for the year (+€23,885) and Investment in fixed assets (net) (+€311)
- Reserves +€28,348
up €28,348 (+25.7%), from €110,388 to €138,736
of which Distributable reserves: +€28,348
- Profit (loss) carried forward -€4,463
down €4,463 (-15.7%), from €28,348 to €23,885
- Turnover -€34,096
no longer reported in 2022 (was €34,096)
- Purchases and services +€17,132
up €17,132 (+173.0%), from €9,903 to €27,035
- Taxes +€5,020
up €5,020 (+382.0%), from €1,314 to €6,334
- Staff costs -€1,070
no longer reported in 2022 (was €1,070)
- Gross operating margin -€484
down €484 (-1.5%), from €31,443 to €30,959
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,599 | €183,155 | +€23,556 | +14.8% |
| Fixed assets | 21/28 | €861 | €550 | -€311 | -36.1% |
| Financial fixed assets | 28 | €861 | €550 | -€311 | -36.1% |
| Current assets | 29/58 | €158,738 | €182,605 | +€23,867 | +15.0% |
| Amounts receivable within one year | 40/41 | €139,538 | €155,051 | +€15,513 | +11.1% |
| Other amounts receivable | 41 | €139,538 | €155,051 | +€15,513 | +11.1% |
| Cash at bank and in hand | 54/58 | €19,200 | €27,554 | +€8,354 | +43.5% |
| Total equity and liabilities | 10/49 | €159,599 | €183,155 | +€23,556 | +14.8% |
| Equity | 10/15 | €159,247 | €183,132 | +€23,885 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,911 | €1,911 | = | 0.0% |
| Reserves | 13 | €110,388 | €138,736 | +€28,348 | +25.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €108,528 | €136,876 | +€28,348 | +26.1% |
| Profit (loss) carried forward | 14 | €28,348 | €23,885 | -€4,463 | -15.7% |
| Amounts payable | 17/49 | €352 | €23 | -€329 | -93.5% |
| Amounts payable within one year | 42/48 | €352 | €23 | -€329 | -93.5% |
| Trade debts | 44 | €33 | €23 | -€10 | -30.3% |
| Suppliers | 440/4 | €33 | €23 | -€10 | -30.3% |
| Taxes, remuneration and social security | 45 | €319 | - | -€319 | |
| Remuneration and social security | 454/9 | €319 | - | -€319 | |
| Turnover | 70 | €34,096 | - | -€34,096 | |
| Non-recurring operating income | 76A | €7,250 | €17,600 | +€10,350 | +142.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,903 | €27,035 | +€17,132 | +173.0% |
| Remuneration, social security and pensions | 62 | €1,070 | - | -€1,070 | |
| Gross operating margin | 9900 | €31,443 | €30,959 | -€484 | -1.5% |
| Operating profit (loss) | 9901 | €30,373 | €30,959 | +€586 | +1.9% |
| Financial income | 75/76B | €25 | €30 | +€5 | +20.0% |
| Recurring financial income | 75 | €25 | €30 | +€5 | +20.0% |
| Financial charges | 65/66B | €736 | €770 | +€34 | +4.6% |
| Recurring financial charges | 65 | €728 | €657 | -€71 | -9.8% |
| Non-recurring financial charges | 66B | €8 | €113 | +€105 | +1312.5% |
| Profit (loss) for the period before taxes | 9903 | €29,662 | €30,219 | +€557 | +1.9% |
| Income taxes | 67/77 | €1,314 | €6,334 | +€5,020 | +382.0% |
| Profit (loss) for the period | 9904 | €28,348 | €23,885 | -€4,463 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,348 | €23,885 | -€4,463 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.