JFMO: what changed
Two fiscal 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.
JFMO
Largest movements
- Cash -€2,216
down €2,216 (-97.1%), from €2,281 to €65
mainly Net result for the year (-€3,176) and Receivables within one year (-€537)
- Receivables within one year +€537
up €537 (+50.2%), from €1,070 to €1,607
- Profit (loss) carried forward -€3,176
down €3,176 (-46.3%), from -€6,855 to -€10,031
- Other debts +€1,000
up €1,000 (+19.2%), from €5,206 to €6,206
- Trade debts +€498
new in 2025: €498
- Depreciation -€2,294
down €2,294 (-100.0%), from €2,294 to €0
- Gross operating margin +€1,385
up €1,385 (+32.3%), from -€4,289 to -€2,904
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.
Cash bridge derived
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 | €3,351 | €1,673 | -€1,678 | -50.1% |
| Current assets | 29/58 | €3,351 | €1,673 | -€1,678 | -50.1% |
| Amounts receivable within one year | 40/41 | €1,070 | €1,607 | +€537 | +50.2% |
| Other amounts receivable | 41 | €1,070 | €1,607 | +€537 | +50.2% |
| Cash at bank and in hand | 54/58 | €2,281 | €65 | -€2,216 | -97.1% |
| Total equity and liabilities | 10/49 | €3,351 | €1,673 | -€1,678 | -50.1% |
| Equity | 10/15 | -€1,855 | -€5,031 | -€3,176 | -171.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,855 | -€10,031 | -€3,176 | -46.3% |
| Amounts payable | 17/49 | €5,206 | €6,704 | +€1,498 | +28.8% |
| Amounts payable within one year | 42/48 | €5,206 | €6,704 | +€1,498 | +28.8% |
| Trade debts | 44 | - | €498 | +€498 | |
| Suppliers | 440/4 | - | €498 | +€498 | |
| Other amounts payable | 47/48 | €5,206 | €6,206 | +€1,000 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,294 | €0 | -€2,294 | -100.0% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€4,289 | -€2,904 | +€1,385 | +32.3% |
| Operating profit (loss) | 9901 | -€6,709 | -€3,032 | +€3,677 | +54.8% |
| Financial charges | 65/66B | €146 | €144 | -€2 | -1.4% |
| Recurring financial charges | 65 | €146 | €144 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,855 | -€3,176 | +€3,679 | +53.7% |
| Profit (loss) for the period | 9904 | -€6,855 | -€3,176 | +€3,679 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,855 | -€3,176 | +€3,679 | +53.7% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.