JM AUDIOLOGY: 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 AUDIOLOGY
Largest movements
- Receivables within one year +€61,463
up €61,463 (+556%), from €11,061 to €72,524
of which Trade receivables: +€32,520
- Cash +€21,357
up €21,357 (+6.3%), from €339,237 to €360,594
mainly Net result for the year (+€79,576) and Trade debts (+€60,372)
- Reserves +€75,000
up €75,000 (+90.0%), from €83,371 to €158,371
- Trade debts +€60,372
up €60,372 (+589%), from €10,257 to €70,628
- Other debts -€30,582
down €30,582 (-68.1%), from €44,904 to €14,322
- Tax, wage and social debts -€18,728
down €18,728 (-55.1%), from €34,020 to €15,292
- Accrued charges and deferred income -€5,250
no longer reported in 2024 (was €5,250)
- Gross operating margin +€25,796
up €25,796 (+29.0%), from €89,014 to €114,811
- Taxes +€2,537
up €2,537 (+9.1%), from €27,920 to €30,457
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,073 | €444,462 | +€85,388 | +23.8% |
| Fixed assets | 21/28 | €2,990 | €1,518 | -€1,472 | -49.2% |
| Tangible fixed assets | 22/27 | €2,990 | €1,518 | -€1,472 | -49.2% |
| Plant, machinery and equipment | 23 | €711 | €112 | -€599 | -84.3% |
| Furniture and vehicles | 24 | €2,278 | €1,406 | -€873 | -38.3% |
| Current assets | 29/58 | €356,084 | €442,944 | +€86,860 | +24.4% |
| Amounts receivable within one year | 40/41 | €11,061 | €72,524 | +€61,463 | +556% |
| Trade receivables | 40 | €11,061 | €43,581 | +€32,520 | +294% |
| Other amounts receivable | 41 | - | €28,943 | +€28,943 | |
| Cash at bank and in hand | 54/58 | €339,237 | €360,594 | +€21,357 | +6.3% |
| Deferred charges and accrued income | 490/1 | €5,786 | €9,826 | +€4,040 | +69.8% |
| Total equity and liabilities | 10/49 | €359,073 | €444,462 | +€85,388 | +23.8% |
| Equity | 10/15 | €189,643 | €269,220 | +€79,576 | +42.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €83,371 | €158,371 | +€75,000 | +90.0% |
| Distributable reserves | 133 | €83,371 | €158,371 | +€75,000 | +90.0% |
| Profit (loss) carried forward | 14 | €93,872 | €98,449 | +€4,576 | +4.9% |
| Amounts payable | 17/49 | €169,430 | €175,242 | +€5,812 | +3.4% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,180 | €100,242 | +€11,062 | +12.4% |
| Trade debts | 44 | €10,257 | €70,628 | +€60,372 | +589% |
| Suppliers | 440/4 | €10,257 | €70,628 | +€60,372 | +589% |
| Taxes, remuneration and social security | 45 | €34,020 | €15,292 | -€18,728 | -55.1% |
| Taxes | 450/3 | €34,020 | €15,292 | -€18,728 | -55.1% |
| Other amounts payable | 47/48 | €44,904 | €14,322 | -€30,582 | -68.1% |
| Accrued charges and deferred income | 492/3 | €5,250 | - | -€5,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €1,472 | +€598 | +68.4% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | €89,014 | €114,811 | +€25,796 | +29.0% |
| Operating profit (loss) | 9901 | €87,408 | €112,951 | +€25,543 | +29.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,978 | €2,918 | -€61 | -2.0% |
| Recurring financial charges | 65 | €2,978 | €2,918 | -€61 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €84,431 | €110,034 | +€25,603 | +30.3% |
| Income taxes | 67/77 | €27,920 | €30,457 | +€2,537 | +9.1% |
| Profit (loss) for the period | 9904 | €56,511 | €79,576 | +€23,065 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,511 | €79,576 | +€23,065 | +40.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.