JM AGRI: 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.
JM AGRI
Largest movements
- Cash -€44,573
down €44,573 (-80.3%), from €55,504 to €10,931
mainly Trade debts (-€54,545) and Other debts (-€31,909)
- Tangible fixed assets -€31,592
down €31,592 (-4.1%), from €778,249 to €746,657
- Receivables within one year +€10,536
up €10,536 (+37.4%), from €28,185 to €38,721
of which Trade receivables: +€13,251
- Trade debts -€54,545
down €54,545 (-73.4%), from €74,303 to €19,758
- Debts after one year +€39,242
up €39,242 (+34.6%), from €113,476 to €152,719
of which Other amounts payable: +€50,000
- Other debts -€31,909
down €31,909 (-91.0%), from €35,071 to €3,162
- Reserves -€19,213
down €19,213 (-5.1%), from €379,264 to €360,051
- Gross operating margin +€29,516
up €29,516, from -€4,138 to €25,378
- Depreciation -€26,524
down €26,524 (-43.0%), from €61,670 to €35,147
- Financial income -€5,313
down €5,313 (-98.1%), from €5,416 to €104
- Other operating charges -€968
down €968 (-10.6%), from €9,092 to €8,125
- Financial charges -€675
down €675 (-60.3%), from €1,120 to €445
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 | €884,025 | €818,233 | -€65,792 | -7.4% |
| Fixed assets | 21/28 | €778,332 | €746,740 | -€31,592 | -4.1% |
| Tangible fixed assets | 22/27 | €778,249 | €746,657 | -€31,592 | -4.1% |
| Land and buildings | 22 | €714,947 | €699,712 | -€15,235 | -2.1% |
| Plant, machinery and equipment | 23 | €31,247 | €23,601 | -€7,646 | -24.5% |
| Furniture and vehicles | 24 | €32,055 | €23,343 | -€8,712 | -27.2% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €105,693 | €71,493 | -€34,200 | -32.4% |
| Stocks and contracts in progress | 3 | €19,878 | €19,560 | -€317 | -1.6% |
| Stocks | 30/36 | €19,878 | €19,560 | -€317 | -1.6% |
| Amounts receivable within one year | 40/41 | €28,185 | €38,721 | +€10,536 | +37.4% |
| Trade receivables | 40 | €20,840 | €34,091 | +€13,251 | +63.6% |
| Other amounts receivable | 41 | €7,345 | €4,630 | -€2,715 | -37.0% |
| Cash at bank and in hand | 54/58 | €55,504 | €10,931 | -€44,573 | -80.3% |
| Deferred charges and accrued income | 490/1 | €2,127 | €2,281 | +€155 | +7.3% |
| Total equity and liabilities | 10/49 | €884,025 | €818,233 | -€65,792 | -7.4% |
| Equity | 10/15 | €523,263 | €511,432 | -€11,831 | -2.3% |
| Contributions | 10/11 | €208,309 | €208,309 | = | 0.0% |
| Reserves | 13 | €379,264 | €360,051 | -€19,213 | -5.1% |
| Tax-exempt reserves | 132 | €379,264 | €360,051 | -€19,213 | -5.1% |
| Profit (loss) carried forward | 14 | -€64,310 | -€56,928 | +€7,382 | +11.5% |
| Provisions and deferred taxes | 16 | €126,421 | €120,017 | -€6,404 | -5.1% |
| Deferred taxes | 168 | €126,421 | €120,017 | -€6,404 | -5.1% |
| Amounts payable | 17/49 | €234,341 | €186,784 | -€47,557 | -20.3% |
| Amounts payable after more than one year | 17 | €113,476 | €152,719 | +€39,242 | +34.6% |
| Financial debts | 170/4 | €13,476 | €2,719 | -€10,758 | -79.8% |
| Other amounts payable | 178/9 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Amounts payable within one year | 42/48 | €119,945 | €34,065 | -€85,879 | -71.6% |
| Current portion of amounts payable after more than one year | 42 | €10,571 | €10,758 | +€186 | +1.8% |
| Trade debts | 44 | €74,303 | €19,758 | -€54,545 | -73.4% |
| Suppliers | 440/4 | €74,303 | €19,758 | -€54,545 | -73.4% |
| Taxes, remuneration and social security | 45 | - | €388 | +€388 | |
| Taxes | 450/3 | - | €388 | +€388 | |
| Other amounts payable | 47/48 | €35,071 | €3,162 | -€31,909 | -91.0% |
| Accrued charges and deferred income | 492/3 | €920 | €0 | -€920 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,670 | €35,147 | -€26,524 | -43.0% |
| Other operating charges | 640/8 | €9,092 | €8,125 | -€968 | -10.6% |
| Gross operating margin | 9900 | -€4,138 | €25,378 | +€29,516 | |
| Operating profit (loss) | 9901 | -€74,901 | -€17,894 | +€57,007 | +76.1% |
| Financial income | 75/76B | €5,416 | €104 | -€5,313 | -98.1% |
| Recurring financial income | 75 | €5,416 | €104 | -€5,313 | -98.1% |
| Financial charges | 65/66B | €1,120 | €445 | -€675 | -60.3% |
| Recurring financial charges | 65 | €1,120 | €445 | -€675 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | -€70,604 | -€18,235 | +€52,369 | +74.2% |
| Transfer from deferred taxes | 780 | €3,915 | €6,404 | +€2,490 | +63.6% |
| Profit (loss) for the period | 9904 | -€66,690 | -€11,831 | +€54,859 | +82.3% |
| Transfer from tax-exempt reserves | 789 | €11,744 | €19,213 | +€7,469 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,946 | €7,382 | +€62,328 |
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 22 October 2026 via checked.be.