J.M.S EXPRESS: 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 EXPRESS
Largest movements
- Cash -€11,760
down €11,760 (-76.7%), from €15,336 to €3,575
mainly Trade debts (-€12,067) and Receivables within one year (-€6,795)
- Receivables within one year +€6,795
up €6,795 (+603%), from €1,127 to €7,922
of which Trade receivables: +€4,100
- Tangible fixed assets -€2,314
down €2,314 (-52.1%), from €4,445 to €2,131
- Deferred charges and accrued income -€1,907
down €1,907 (-100%), from €1,907 to €0
- Trade debts -€12,067
down €12,067 (-87.9%), from €13,730 to €1,663
- Profit (loss) carried forward +€2,154
up €2,154 (+52.4%), from €4,107 to €6,261
- Tax, wage and social debts +€727
up €727 (+36.8%), from €1,977 to €2,704
- Gross operating margin -€6,045
down €6,045 (-49.3%), from €12,270 to €6,225
- Taxes -€1,768
down €1,768 (-88.4%), from €2,000 to €232
- Depreciation +€608
up €608 (+19.9%), from €3,055 to €3,662
- Other operating charges -€549
down €549 (-90.5%), from €607 to €58
- Financial charges +€150
new in 2025: €150
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 | €22,814 | €13,628 | -€9,186 | -40.3% |
| Fixed assets | 21/28 | €4,445 | €2,131 | -€2,314 | -52.1% |
| Tangible fixed assets | 22/27 | €4,445 | €2,131 | -€2,314 | -52.1% |
| Furniture and vehicles | 24 | €4,445 | €2,131 | -€2,314 | -52.1% |
| Current assets | 29/58 | €18,369 | €11,497 | -€6,872 | -37.4% |
| Amounts receivable within one year | 40/41 | €1,127 | €7,922 | +€6,795 | +603% |
| Trade receivables | 40 | €1,113 | €5,213 | +€4,100 | +368% |
| Other amounts receivable | 41 | €14 | €2,709 | +€2,695 | +19,805% |
| Cash at bank and in hand | 54/58 | €15,336 | €3,575 | -€11,760 | -76.7% |
| Deferred charges and accrued income | 490/1 | €1,907 | €0 | -€1,907 | -100% |
| Total equity and liabilities | 10/49 | €22,814 | €13,628 | -€9,186 | -40.3% |
| Equity | 10/15 | €7,107 | €9,261 | +€2,154 | +30.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,107 | €6,261 | +€2,154 | +52.4% |
| Amounts payable | 17/49 | €15,707 | €4,367 | -€11,340 | -72.2% |
| Amounts payable within one year | 42/48 | €15,707 | €4,367 | -€11,340 | -72.2% |
| Trade debts | 44 | €13,730 | €1,663 | -€12,067 | -87.9% |
| Suppliers | 440/4 | €13,730 | €1,663 | -€12,067 | -87.9% |
| Taxes, remuneration and social security | 45 | €1,977 | €2,704 | +€727 | +36.8% |
| Taxes | 450/3 | €1,977 | €2,704 | +€727 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,055 | €3,662 | +€608 | +19.9% |
| Other operating charges | 640/8 | €607 | €58 | -€549 | -90.5% |
| Non-recurring operating charges | 66A | €2,500 | €0 | -€2,500 | -100% |
| Gross operating margin | 9900 | €12,270 | €6,225 | -€6,045 | -49.3% |
| Operating profit (loss) | 9901 | €6,107 | €2,504 | -€3,603 | -59.0% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | - | €150 | +€150 | |
| Recurring financial charges | 65 | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | €6,107 | €2,386 | -€3,721 | -60.9% |
| Income taxes | 67/77 | €2,000 | €232 | -€1,768 | -88.4% |
| Profit (loss) for the period | 9904 | €4,107 | €2,154 | -€1,954 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,107 | €2,154 | -€1,954 | -47.6% |
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 20 October 2026 via checked.be.