J.M. SOINS: 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. SOINS
Largest movements
- Receivables within one year -€31,016
down €31,016 (-48.1%), from €64,482 to €33,466
of which Trade receivables: -€31,016
- Deferred charges and accrued income -€2,992
no longer reported in 2025 (was €2,992)
- Cash +€2,098
new in 2025: €2,098
mainly Receivables within one year (+€31,016) and Deferred charges and accrued income (+€2,992)
- Profit (loss) carried forward -€32,503
down €32,503, from €17,749 to -€14,754
- Purchases and services -€124,266
no longer reported in 2025 (was €124,266)
- Turnover -€121,449
no longer reported in 2025 (was €121,449)
- Financial charges +€25,526
up €25,526 (+450%), from €5,670 to €31,196
of which Non-recurring financial charges: +€31,016
- Gross operating margin +€1,709
up €1,709 (+60.7%), from -€2,817 to -€1,108
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 | €67,474 | €35,564 | -€31,910 | -47.3% |
| Current assets | 29/58 | €67,474 | €35,564 | -€31,910 | -47.3% |
| Amounts receivable within one year | 40/41 | €64,482 | €33,466 | -€31,016 | -48.1% |
| Trade receivables | 40 | €62,032 | €31,016 | -€31,016 | -50.0% |
| Other amounts receivable | 41 | €2,450 | €2,450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €2,098 | +€2,098 | |
| Deferred charges and accrued income | 490/1 | €2,992 | - | -€2,992 | |
| Total equity and liabilities | 10/49 | €67,474 | €35,564 | -€31,910 | -47.3% |
| Equity | 10/15 | €25,861 | -€6,642 | -€32,503 | |
| Contributions | 10/11 | €6,240 | €6,240 | = | 0.0% |
| Capital | 10 | €6,240 | - | -€6,240 | |
| Issued capital | 100 | €18,720 | - | -€18,720 | |
| Uncalled capital | 101 | €12,480 | - | -€12,480 | |
| Reserves | 13 | €1,872 | €1,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,872 | - | -€1,872 | |
| Legal reserve | 130 | €1,872 | - | -€1,872 | |
| Distributable reserves | 133 | - | €1,872 | +€1,872 | |
| Profit (loss) carried forward | 14 | €17,749 | -€14,754 | -€32,503 | |
| Amounts payable | 17/49 | €41,613 | €42,206 | +€592 | +1.4% |
| Amounts payable within one year | 42/48 | €41,613 | €42,206 | +€592 | +1.4% |
| Other amounts payable | 47/48 | €41,613 | €42,206 | +€592 | +1.4% |
| Turnover | 70 | €121,449 | - | -€121,449 | |
| Goods, raw materials, services and sundry goods | 60/61 | €124,266 | - | -€124,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €570 | - | -€570 | |
| Other operating charges | 640/8 | €899 | €199 | -€700 | -77.9% |
| Gross operating margin | 9900 | -€2,817 | -€1,108 | +€1,709 | +60.7% |
| Operating profit (loss) | 9901 | -€4,285 | -€1,307 | +€2,978 | +69.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,670 | €31,196 | +€25,526 | +450% |
| Recurring financial charges | 65 | €5,670 | €180 | -€5,490 | -96.8% |
| Non-recurring financial charges | 66B | - | €31,016 | +€31,016 | |
| Profit (loss) for the period before taxes | 9903 | -€9,955 | -€32,503 | -€22,548 | -226% |
| Income taxes | 67/77 | €322 | - | -€322 | |
| Profit (loss) for the period | 9904 | -€10,277 | -€32,503 | -€22,225 | -216% |
| Transfer from tax-exempt reserves | 789 | €12,296 | - | -€12,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,019 | -€32,503 | -€34,521 |
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 21 October 2026 via checked.be.