JCM-Team: 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.
JCM-Team
Largest movements
- Cash -€24,998
down €24,998 (-48.7%), from €51,368 to €26,370
mainly Net result for the year (-€15,195) and Tax, wage and social debts (-€7,023)
- Receivables within one year +€6,536
up €6,536 (+2,508%), from €261 to €6,796
of which Trade receivables: +€6,796
- Tangible fixed assets -€2,999
down €2,999 (-47.8%), from €6,268 to €3,269
of which Plant, machinery and equipment: -€2,051
- Profit (loss) carried forward -€15,195
down €15,195 (-39.7%), from €38,287 to €23,091
- Tax, wage and social debts -€7,023
down €7,023 (-60.7%), from €11,575 to €4,552
of which Taxes: -€6,876
- Current portion of long-term debt -€2,959
down €2,959 (-91.6%), from €3,230 to €271
- Advances received +€2,593
new in 2025: €2,593
- Other debts +€1,139
up €1,139 (+654%), from €174 to €1,314
- Gross operating margin -€60,066
down €60,066 (-63.4%), from €94,688 to €34,622
- Taxes -€7,307
down €7,307 (-100%), from €7,307 to €0
- Depreciation -€2,045
down €2,045 (-40.5%), from €5,044 to €2,999
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 | €59,014 | €38,030 | -€20,984 | -35.6% |
| Fixed assets | 21/28 | €6,628 | €3,629 | -€2,999 | -45.2% |
| Tangible fixed assets | 22/27 | €6,268 | €3,269 | -€2,999 | -47.8% |
| Plant, machinery and equipment | 23 | €5,320 | €3,269 | -€2,051 | -38.5% |
| Furniture and vehicles | 24 | €948 | €0 | -€948 | -100% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €52,386 | €34,401 | -€17,985 | -34.3% |
| Amounts receivable within one year | 40/41 | €261 | €6,796 | +€6,536 | +2,508% |
| Trade receivables | 40 | €0 | €6,796 | +€6,796 | |
| Other amounts receivable | 41 | €261 | €0 | -€261 | -100% |
| Cash at bank and in hand | 54/58 | €51,368 | €26,370 | -€24,998 | -48.7% |
| Deferred charges and accrued income | 490/1 | €758 | €1,235 | +€477 | +63.0% |
| Total equity and liabilities | 10/49 | €59,014 | €38,030 | -€20,984 | -35.6% |
| Equity | 10/15 | €40,787 | €25,591 | -€15,195 | -37.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,287 | €23,091 | -€15,195 | -39.7% |
| Amounts payable | 17/49 | €18,227 | €12,439 | -€5,789 | -31.8% |
| Amounts payable after more than one year | 17 | €271 | €0 | -€271 | -100% |
| Financial debts | 170/4 | €271 | €0 | -€271 | -100% |
| Amounts payable within one year | 42/48 | €17,956 | €12,427 | -€5,529 | -30.8% |
| Current portion of amounts payable after more than one year | 42 | €3,230 | €271 | -€2,959 | -91.6% |
| Trade debts | 44 | €2,976 | €3,698 | +€721 | +24.2% |
| Suppliers | 440/4 | €2,976 | €3,698 | +€721 | +24.2% |
| Advances received on contracts in progress | 46 | - | €2,593 | +€2,593 | |
| Taxes, remuneration and social security | 45 | €11,575 | €4,552 | -€7,023 | -60.7% |
| Taxes | 450/3 | €7,307 | €431 | -€6,876 | -94.1% |
| Remuneration and social security | 454/9 | €4,268 | €4,121 | -€147 | -3.4% |
| Other amounts payable | 47/48 | €174 | €1,314 | +€1,139 | +654% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | €46,637 | €46,223 | -€413 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,044 | €2,999 | -€2,045 | -40.5% |
| Other operating charges | 640/8 | €353 | €427 | +€74 | +21.1% |
| Gross operating margin | 9900 | €94,688 | €34,622 | -€60,066 | -63.4% |
| Operating profit (loss) | 9901 | €42,655 | -€15,027 | -€57,682 | |
| Financial income | 75/76B | €110 | €0 | -€110 | -100% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -100% |
| Financial charges | 65/66B | €290 | €168 | -€122 | -42.1% |
| Recurring financial charges | 65 | €290 | €168 | -€122 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €42,475 | -€15,195 | -€57,670 | |
| Income taxes | 67/77 | €7,307 | €0 | -€7,307 | -100% |
| Profit (loss) for the period | 9904 | €35,168 | -€15,195 | -€50,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,168 | -€15,195 | -€50,363 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.