JG Multiservices: 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.
JG Multiservices
Largest movements
- Cash +€30,038
up €30,038 (+43.8%), from €68,610 to €98,648
mainly Net result for the year (+€26,172) and Other debts (+€16,352)
- Tangible fixed assets -€9,090
down €9,090 (-7.5%), from €121,629 to €112,539
of which Land and buildings: -€8,236
- Receivables within one year +€3,258
up €3,258 (+19.7%), from €16,519 to €19,777
of which Trade receivables: +€2,692
- Other debts +€16,352
up €16,352 (+25.3%), from €64,688 to €81,040
- Debts after one year -€10,322
down €10,322 (-28.0%), from €36,881 to €26,559
- Contributions +€10,000
up €10,000 (+37.8%), from €26,456 to €36,456
- Tax, wage and social debts +€8,756
up €8,756 (+269%), from €3,254 to €12,009
- Gross operating margin +€5,160
up €5,160 (+11.3%), from €45,801 to €50,961
- Taxes -€1,190
down €1,190 (-11.1%), from €10,738 to €9,548
- Financial charges +€1,140
up €1,140 (+31.6%), from €3,604 to €4,743
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 | €207,011 | €231,306 | +€24,294 | +11.7% |
| Fixed assets | 21/28 | €121,629 | €112,539 | -€9,090 | -7.5% |
| Tangible fixed assets | 22/27 | €121,629 | €112,539 | -€9,090 | -7.5% |
| Land and buildings | 22 | €118,996 | €110,760 | -€8,236 | -6.9% |
| Plant, machinery and equipment | 23 | €2,633 | €1,780 | -€854 | -32.4% |
| Current assets | 29/58 | €85,382 | €118,766 | +€33,384 | +39.1% |
| Amounts receivable within one year | 40/41 | €16,519 | €19,777 | +€3,258 | +19.7% |
| Trade receivables | 40 | €9,356 | €12,048 | +€2,692 | +28.8% |
| Other amounts receivable | 41 | €7,163 | €7,729 | +€566 | +7.9% |
| Cash at bank and in hand | 54/58 | €68,610 | €98,648 | +€30,038 | +43.8% |
| Deferred charges and accrued income | 490/1 | €254 | €342 | +€88 | +34.7% |
| Total equity and liabilities | 10/49 | €207,011 | €231,306 | +€24,294 | +11.7% |
| Equity | 10/15 | €90,691 | €100,364 | +€9,672 | +10.7% |
| Contributions | 10/11 | €26,456 | €36,456 | +€10,000 | +37.8% |
| Reserves | 13 | €63,610 | €63,610 | = | 0.0% |
| Distributable reserves | 133 | €63,610 | €63,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €625 | €298 | -€328 | -52.4% |
| Amounts payable | 17/49 | €116,320 | €130,942 | +€14,622 | +12.6% |
| Amounts payable after more than one year | 17 | €36,881 | €26,559 | -€10,322 | -28.0% |
| Financial debts | 170/4 | €36,881 | €26,559 | -€10,322 | -28.0% |
| Amounts payable within one year | 42/48 | €79,439 | €104,383 | +€24,944 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €10,154 | €10,322 | +€168 | +1.7% |
| Trade debts | 44 | €1,343 | €1,011 | -€332 | -24.7% |
| Suppliers | 440/4 | €1,343 | €1,011 | -€332 | -24.7% |
| Taxes, remuneration and social security | 45 | €3,254 | €12,009 | +€8,756 | +269% |
| Taxes | 450/3 | €3,254 | €12,009 | +€8,756 | +269% |
| Other amounts payable | 47/48 | €64,688 | €81,040 | +€16,352 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,090 | €9,090 | = | 0.0% |
| Other operating charges | 640/8 | €1,038 | €1,407 | +€369 | +35.6% |
| Gross operating margin | 9900 | €45,801 | €50,961 | +€5,160 | +11.3% |
| Operating profit (loss) | 9901 | €35,673 | €40,464 | +€4,791 | +13.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €3,604 | €4,743 | +€1,140 | +31.6% |
| Recurring financial charges | 65 | €3,604 | €4,743 | +€1,140 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €32,075 | €35,721 | +€3,646 | +11.4% |
| Income taxes | 67/77 | €10,738 | €9,548 | -€1,190 | -11.1% |
| Profit (loss) for the period | 9904 | €21,337 | €26,172 | +€4,836 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,337 | €26,172 | +€4,836 | +22.7% |
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 16 October 2026 via checked.be.