JLMH: 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.
JLMH
Largest movements
- Cash +€13,257
up €13,257 (+15.2%), from €87,111 to €100,368
mainly Net result for the year (+€96,553) and Other debts (+€64,177)
- Deferred charges and accrued income +€11,736
up €11,736 (+138%), from €8,525 to €20,261
- Receivables within one year -€1,658
down €1,658 (-78.6%), from €2,109 to €451
of which Other amounts receivable: -€2,109
- Other debts +€64,177
new in 2025: €64,177
- Reserves -€42,447
down €42,447 (-48.9%), from €86,828 to €44,381
- Tax, wage and social debts +€3,471
up €3,471 (+17.4%), from €19,963 to €23,435
- Gross operating margin +€37,447
up €37,447 (+41.8%), from €89,608 to €127,055
- Taxes +€8,637
up €8,637 (+47.7%), from €18,098 to €26,735
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 | €111,440 | €135,676 | +€24,236 | +21.7% |
| Fixed assets | 21/28 | €5,045 | €5,946 | +€901 | +17.9% |
| Tangible fixed assets | 22/27 | €5,045 | €5,946 | +€901 | +17.9% |
| Land and buildings | 22 | €348 | €309 | -€39 | -11.2% |
| Plant, machinery and equipment | 23 | €1,778 | €1,063 | -€715 | -40.2% |
| Furniture and vehicles | 24 | €2,918 | €4,574 | +€1,655 | +56.7% |
| Current assets | 29/58 | €106,395 | €129,730 | +€23,335 | +21.9% |
| Amounts receivable within one year | 40/41 | €2,109 | €451 | -€1,658 | -78.6% |
| Trade receivables | 40 | - | €451 | +€451 | |
| Other amounts receivable | 41 | €2,109 | - | -€2,109 | |
| Current investments | 50/53 | €8,650 | €8,650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,111 | €100,368 | +€13,257 | +15.2% |
| Deferred charges and accrued income | 490/1 | €8,525 | €20,261 | +€11,736 | +138% |
| Total equity and liabilities | 10/49 | €111,440 | €135,676 | +€24,236 | +21.7% |
| Equity | 10/15 | €89,828 | €47,381 | -€42,447 | -47.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €86,828 | €44,381 | -€42,447 | -48.9% |
| Distributable reserves | 133 | €86,828 | €44,381 | -€42,447 | -48.9% |
| Amounts payable | 17/49 | €21,611 | €88,295 | +€66,683 | +309% |
| Amounts payable within one year | 42/48 | €21,318 | €88,295 | +€66,977 | +314% |
| Trade debts | 44 | €1,355 | €683 | -€672 | -49.6% |
| Suppliers | 440/4 | €1,355 | €683 | -€672 | -49.6% |
| Taxes, remuneration and social security | 45 | €19,963 | €23,435 | +€3,471 | +17.4% |
| Taxes | 450/3 | €19,963 | €23,435 | +€3,471 | +17.4% |
| Other amounts payable | 47/48 | - | €64,177 | +€64,177 | |
| Accrued charges and deferred income | 492/3 | €293 | - | -€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €1,848 | +€407 | +28.2% |
| Other operating charges | 640/8 | €509 | €525 | +€16 | +3.1% |
| Gross operating margin | 9900 | €89,608 | €127,055 | +€37,447 | +41.8% |
| Operating profit (loss) | 9901 | €87,658 | €124,682 | +€37,024 | +42.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,022 | €1,394 | +€373 | +36.5% |
| Recurring financial charges | 65 | €1,022 | €1,394 | +€373 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €86,636 | €123,288 | +€36,651 | +42.3% |
| Income taxes | 67/77 | €18,098 | €26,735 | +€8,637 | +47.7% |
| Profit (loss) for the period | 9904 | €68,539 | €96,553 | +€28,014 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,539 | €96,553 | +€28,014 | +40.9% |
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 18 October 2026 via checked.be.