J.M. WASH: 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. WASH
Largest movements
- Receivables within one year +€12,582
up €12,582 (+840%), from €1,498 to €14,080
- Tangible fixed assets -€649
no longer reported in 2025 (was €649)
- Cash -€476
down €476 (-47.3%), from €1,007 to €531
mainly Trade debts (-€21,093) and Receivables within one year (-€12,582)
- Profit (loss) carried forward +€26,352
up €26,352 (+16.2%), from -€162,527 to -€136,175
- Trade debts -€21,093
down €21,093 (-68.5%), from €30,793 to €9,700
- Other debts +€4,151
up €4,151 (+3.6%), from €115,444 to €119,595
- Short-term financial debts +€2,023
new in 2025: €2,023
- Gross operating margin +€30,821
up €30,821, from -€1,603 to €29,217
- Other operating charges +€599
up €599 (+40.8%), from €1,469 to €2,068
- Financial charges -€565
down €565 (-79.2%), from €713 to €148
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 | €3,154 | €14,611 | +€11,457 | +363% |
| Fixed assets | 21/28 | €649 | - | -€649 | |
| Tangible fixed assets | 22/27 | €649 | - | -€649 | |
| Furniture and vehicles | 24 | €649 | - | -€649 | |
| Current assets | 29/58 | €2,505 | €14,611 | +€12,106 | +483% |
| Amounts receivable within one year | 40/41 | €1,498 | €14,080 | +€12,582 | +840% |
| Other amounts receivable | 41 | €1,498 | €14,080 | +€12,582 | +840% |
| Cash at bank and in hand | 54/58 | €1,007 | €531 | -€476 | -47.3% |
| Total equity and liabilities | 10/49 | €3,154 | €14,611 | +€11,457 | +363% |
| Equity | 10/15 | -€143,927 | -€117,575 | +€26,352 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,527 | -€136,175 | +€26,352 | +16.2% |
| Amounts payable | 17/49 | €147,081 | €132,186 | -€14,895 | -10.1% |
| Amounts payable within one year | 42/48 | €147,081 | €132,186 | -€14,895 | -10.1% |
| Financial debts | 43 | - | €2,023 | +€2,023 | |
| Credit institutions | 430/8 | - | €2,023 | +€2,023 | |
| Trade debts | 44 | €30,793 | €9,700 | -€21,093 | -68.5% |
| Suppliers | 440/4 | €30,793 | €9,700 | -€21,093 | -68.5% |
| Taxes, remuneration and social security | 45 | €844 | €868 | +€24 | +2.8% |
| Taxes | 450/3 | €844 | €868 | +€24 | +2.8% |
| Other amounts payable | 47/48 | €115,444 | €119,595 | +€4,151 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €908 | €649 | -€259 | -28.5% |
| Other operating charges | 640/8 | €1,469 | €2,068 | +€599 | +40.8% |
| Gross operating margin | 9900 | -€1,603 | €29,217 | +€30,821 | |
| Operating profit (loss) | 9901 | -€3,981 | €26,500 | +€30,481 | |
| Financial charges | 65/66B | €713 | €148 | -€565 | -79.2% |
| Recurring financial charges | 65 | €713 | €148 | -€565 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,694 | €26,352 | +€31,046 | |
| Profit (loss) for the period | 9904 | -€4,694 | €26,352 | +€31,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,694 | €26,352 | +€31,046 |
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.