J.P.M. EXPERTISES: 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.P.M. EXPERTISES
Largest movements
- Current investments -€110,795
down €110,795 (-20.0%), from €553,637 to €442,843
- Tangible fixed assets +€41,465
up €41,465 (+247%), from €16,794 to €58,259
of which Furniture and vehicles: +€42,172
- Reserves -€91,255
down €91,255 (-18.8%), from €484,269 to €393,015
of which Distributable reserves: -€91,255
- Other debts +€40,543
new in 2025: €40,543
- Contributions -€18,550
no longer reported in 2025 (was €18,550)
- Debts after one year -€16,287
down €16,287 (-19.2%), from €85,000 to €68,713
- Trade debts +€7,625
up €7,625 (+57.9%), from €13,169 to €20,794
- Financial income -€56,056
down €56,056 (-69.1%), from €81,110 to €25,054
- Taxes +€45,534
up €45,534 (+4,179%), from €1,090 to €46,623
- Purchases and services +€19,133
up €19,133 (+21.1%), from €90,509 to €109,641
- Turnover +€7,643
up €7,643 (+8.2%), from €93,267 to €100,910
- Financial charges -€6,850
down €6,850 (-45.7%), from €14,977 to €8,127
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 | €603,670 | €530,409 | -€73,261 | -12.1% |
| Fixed assets | 21/28 | €16,794 | €58,259 | +€41,465 | +247% |
| Tangible fixed assets | 22/27 | €16,794 | €58,259 | +€41,465 | +247% |
| Plant, machinery and equipment | 23 | €2,061 | €1,354 | -€707 | -34.3% |
| Furniture and vehicles | 24 | €14,733 | €56,905 | +€42,172 | +286% |
| Current assets | 29/58 | €586,876 | €472,150 | -€114,726 | -19.5% |
| Amounts receivable within one year | 40/41 | €14,147 | €8,664 | -€5,483 | -38.8% |
| Trade receivables | 40 | €12,021 | €8,635 | -€3,387 | -28.2% |
| Other amounts receivable | 41 | €2,126 | €30 | -€2,096 | -98.6% |
| Current investments | 50/53 | €553,637 | €442,843 | -€110,795 | -20.0% |
| Cash at bank and in hand | 54/58 | €18,866 | €20,406 | +€1,540 | +8.2% |
| Deferred charges and accrued income | 490/1 | €225 | €236 | +€11 | +5.0% |
| Total equity and liabilities | 10/49 | €603,670 | €530,409 | -€73,261 | -12.1% |
| Equity | 10/15 | €502,819 | €393,015 | -€109,805 | -21.8% |
| Contributions | 10/11 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €484,269 | €393,015 | -€91,255 | -18.8% |
| Tax-exempt reserves | 132 | €20,931 | €20,931 | = | 0.0% |
| Distributable reserves | 133 | €463,338 | €372,084 | -€91,255 | -19.7% |
| Amounts payable | 17/49 | €100,851 | €137,395 | +€36,544 | +36.2% |
| Amounts payable after more than one year | 17 | €85,000 | €68,713 | -€16,287 | -19.2% |
| Other amounts payable | 178/9 | €85,000 | €68,713 | -€16,287 | -19.2% |
| Amounts payable within one year | 42/48 | €15,851 | €68,682 | +€52,831 | +333% |
| Current portion of amounts payable after more than one year | 42 | - | €5,769 | +€5,769 | |
| Trade debts | 44 | €13,169 | €20,794 | +€7,625 | +57.9% |
| Suppliers | 440/4 | €13,169 | €20,794 | +€7,625 | +57.9% |
| Taxes, remuneration and social security | 45 | €2,682 | €1,577 | -€1,105 | -41.2% |
| Taxes | 450/3 | €2,682 | €1,577 | -€1,105 | -41.2% |
| Other amounts payable | 47/48 | - | €40,543 | +€40,543 | |
| Turnover | 70 | €93,267 | €100,910 | +€7,643 | +8.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,509 | €109,641 | +€19,133 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,259 | €10,070 | +€4,811 | +91.5% |
| Other operating charges | 640/8 | €380 | - | -€380 | |
| Non-recurring operating charges | 66A | €116 | €17,033 | +€16,917 | +14,584% |
| Gross operating margin | 9900 | €7,993 | €2,312 | -€5,681 | -71.1% |
| Operating profit (loss) | 9901 | €2,238 | -€24,792 | -€27,030 | |
| Financial income | 75/76B | €81,110 | €25,054 | -€56,056 | -69.1% |
| Recurring financial income | 75 | €81,110 | €25,054 | -€56,056 | -69.1% |
| Financial charges | 65/66B | €14,977 | €8,127 | -€6,850 | -45.7% |
| Recurring financial charges | 65 | €14,977 | €8,127 | -€6,850 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €68,371 | -€7,865 | -€76,236 | |
| Income taxes | 67/77 | €1,090 | €46,623 | +€45,534 | +4,179% |
| Profit (loss) for the period | 9904 | €67,282 | -€54,488 | -€121,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,282 | -€54,488 | -€121,769 |
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 1 November 2026 via checked.be.