J.M.S.CONSTRUCT: 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.CONSTRUCT
Largest movements
- Receivables within one year +€25,000
new in 2025: €25,000
- Tangible fixed assets -€21,303
down €21,303 (-2.7%), from €775,795 to €754,492
of which Furniture and vehicles: -€17,332
- Other debts +€332,156
up €332,156 (+344%), from €96,544 to €428,700
- Reserves -€284,340
down €284,340 (-46.3%), from €614,450 to €330,110
- Contributions -€45,000
no longer reported in 2025 (was €45,000)
- Gross operating margin +€61,144
up €61,144 (+35.7%), from €171,426 to €232,570
- Taxes +€19,280
up €19,280 (+45.6%), from €42,261 to €61,541
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 | €800,974 | €806,094 | +€5,119 | +0.6% |
| Fixed assets | 21/28 | €776,293 | €754,990 | -€21,303 | -2.7% |
| Tangible fixed assets | 22/27 | €775,795 | €754,492 | -€21,303 | -2.7% |
| Land and buildings | 22 | €702,383 | €698,413 | -€3,971 | -0.6% |
| Furniture and vehicles | 24 | €73,412 | €56,080 | -€17,332 | -23.6% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €24,681 | €51,103 | +€26,422 | +107% |
| Amounts receivable within one year | 40/41 | - | €25,000 | +€25,000 | |
| Trade receivables | 40 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €23,588 | €24,942 | +€1,354 | +5.7% |
| Deferred charges and accrued income | 490/1 | €1,093 | €1,162 | +€68 | +6.2% |
| Total equity and liabilities | 10/49 | €800,974 | €806,094 | +€5,119 | +0.6% |
| Equity | 10/15 | €659,504 | €330,174 | -€329,330 | -49.9% |
| Contributions | 10/11 | €45,000 | - | -€45,000 | |
| Reserves | 13 | €614,450 | €330,110 | -€284,340 | -46.3% |
| Distributable reserves | 133 | €614,450 | €330,110 | -€284,340 | -46.3% |
| Profit (loss) carried forward | 14 | €54 | €64 | +€10 | +18.4% |
| Amounts payable | 17/49 | €141,470 | €475,920 | +€334,449 | +236% |
| Amounts payable within one year | 42/48 | €141,470 | €475,920 | +€334,449 | +236% |
| Trade debts | 44 | €9,415 | €9,972 | +€557 | +5.9% |
| Suppliers | 440/4 | €9,415 | €9,972 | +€557 | +5.9% |
| Taxes, remuneration and social security | 45 | €35,511 | €37,248 | +€1,737 | +4.9% |
| Taxes | 450/3 | €31,499 | €33,208 | +€1,709 | +5.4% |
| Remuneration and social security | 454/9 | €4,013 | €4,040 | +€27 | +0.7% |
| Other amounts payable | 47/48 | €96,544 | €428,700 | +€332,156 | +344% |
| Non-recurring operating income | 76A | - | €2,419 | +€2,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,934 | €17,796 | +€863 | +5.1% |
| Other operating charges | 640/8 | €9,250 | €8,769 | -€481 | -5.2% |
| Gross operating margin | 9900 | €171,426 | €232,570 | +€61,144 | +35.7% |
| Operating profit (loss) | 9901 | €145,243 | €206,005 | +€60,762 | +41.8% |
| Financial income | 75/76B | €38 | €95 | +€56 | +148% |
| Recurring financial income | 75 | €38 | €95 | +€56 | +148% |
| Financial charges | 65/66B | €197 | €188 | -€9 | -4.4% |
| Recurring financial charges | 65 | €197 | €188 | -€9 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €145,084 | €205,911 | +€60,827 | +41.9% |
| Income taxes | 67/77 | €42,261 | €61,541 | +€19,280 | +45.6% |
| Profit (loss) for the period | 9904 | €102,823 | €144,370 | +€41,547 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,823 | €144,370 | +€41,547 | +40.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.