JJMP Projects: 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.
JJMP Projects
Largest movements
- Tangible fixed assets +€617,348
up €617,348 (+763.7%), from €80,837 to €698,185
of which Land and buildings: +€624,672
- Cash +€612,731
up €612,731 (+590.2%), from €103,811 to €716,541
mainly Debts after one year (+€470,000) and Net result for the year (+€426,375)
- Receivables within one year -€81,102
down €81,102 (-69.3%), from €116,973 to €35,871
of which Trade receivables: -€69,046
- Debts after one year +€470,000
new in 2025: €470,000
- Reserves +€426,375
up €426,375 (+134.2%), from €317,766 to €744,140
of which Distributable reserves: +€426,375
- Tax, wage and social debts +€225,934
up €225,934 (+1232.9%), from €18,325 to €244,259
- Current portion of long-term debt +€30,000
new in 2025: €30,000
- Gross operating margin +€582,065
up €582,065 (+548.9%), from €106,052 to €688,117
- Taxes +€176,476
up €176,476 (+625.8%), from €28,199 to €204,676
- Depreciation +€24,579
up €24,579 (+113.2%), from €21,705 to €46,284
- Financial charges +€10,227
up €10,227 (+1680.8%), from €608 to €10,836
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 | €361,209 | €1,511,274 | +€1.2m | +318.4% |
| Fixed assets | 21/28 | €80,897 | €698,245 | +€617,348 | +763.1% |
| Tangible fixed assets | 22/27 | €80,837 | €698,185 | +€617,348 | +763.7% |
| Land and buildings | 22 | €61,730 | €686,402 | +€624,672 | +1011.9% |
| Plant, machinery and equipment | 23 | €3,555 | €2,564 | -€991 | -27.9% |
| Furniture and vehicles | 24 | €15,552 | €9,219 | -€6,333 | -40.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €280,312 | €813,030 | +€532,717 | +190.0% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €44,529 | €45,617 | +€1,089 | +2.4% |
| Stocks | 30/36 | €44,529 | €45,617 | +€1,089 | +2.4% |
| Amounts receivable within one year | 40/41 | €116,973 | €35,871 | -€81,102 | -69.3% |
| Trade receivables | 40 | €90,019 | €20,972 | -€69,046 | -76.7% |
| Other amounts receivable | 41 | €26,954 | €14,899 | -€12,056 | -44.7% |
| Cash at bank and in hand | 54/58 | €103,811 | €716,541 | +€612,731 | +590.2% |
| Total equity and liabilities | 10/49 | €361,209 | €1,511,274 | +€1.2m | +318.4% |
| Equity | 10/15 | €327,973 | €754,348 | +€426,375 | +130.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €317,766 | €744,140 | +€426,375 | +134.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €315,906 | €742,280 | +€426,375 | +135.0% |
| Profit (loss) carried forward | 14 | €2,208 | €2,208 | = | 0.0% |
| Amounts payable | 17/49 | €33,236 | €756,926 | +€723,690 | +2177.4% |
| Amounts payable after more than one year | 17 | - | €470,000 | +€470,000 | |
| Financial debts | 170/4 | - | €470,000 | +€470,000 | |
| Amounts payable within one year | 42/48 | €33,236 | €278,444 | +€245,208 | +737.8% |
| Current portion of amounts payable after more than one year | 42 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €14,911 | €4,185 | -€10,726 | -71.9% |
| Suppliers | 440/4 | €14,911 | €4,185 | -€10,726 | -71.9% |
| Taxes, remuneration and social security | 45 | €18,325 | €244,259 | +€225,934 | +1232.9% |
| Taxes | 450/3 | €18,325 | €244,259 | +€225,934 | +1232.9% |
| Accrued charges and deferred income | 492/3 | - | €8,482 | +€8,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,705 | €46,284 | +€24,579 | +113.2% |
| Other operating charges | 640/8 | €1,872 | €4,113 | +€2,241 | +119.7% |
| Gross operating margin | 9900 | €106,052 | €688,117 | +€582,065 | +548.9% |
| Operating profit (loss) | 9901 | €82,474 | €637,720 | +€555,246 | +673.2% |
| Financial income | 75/76B | €3,393 | €4,167 | +€774 | +22.8% |
| Recurring financial income | 75 | €3,393 | €4,167 | +€774 | +22.8% |
| Financial charges | 65/66B | €608 | €10,836 | +€10,227 | +1680.8% |
| Recurring financial charges | 65 | €608 | €10,836 | +€10,227 | +1680.8% |
| Profit (loss) for the period before taxes | 9903 | €85,259 | €631,051 | +€545,792 | +640.2% |
| Income taxes | 67/77 | €28,199 | €204,676 | +€176,476 | +625.8% |
| Profit (loss) for the period | 9904 | €57,059 | €426,375 | +€369,316 | +647.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,059 | €426,375 | +€369,316 | +647.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.