JM-BKR: 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.
JM-BKR
Largest movements
- Receivables within one year +€9,780
up €9,780 (+83.7%), from €11,682 to €21,462
of which Trade receivables: +€11,091
- Stocks and contracts +€800
up €800 (+114.3%), from €700 to €1,500
- Deferred charges and accrued income -€600
no longer reported in 2025 (was €600)
- Cash +€410
up €410 (+345.4%), from €119 to €529
mainly Net result for the year (+€5,658) and Tax, wage and social debts (+€2,832)
- Profit (loss) carried forward +€5,658
up €5,658 (+49.2%), from -€11,499 to -€5,842
- Tax, wage and social debts +€2,832
new in 2025: €2,832
- Trade debts +€1,154
up €1,154 (+10.3%), from €11,156 to €12,310
- Other debts +€767
up €767 (+6.9%), from €11,084 to €11,851
- Gross operating margin +€20,988
up €20,988, from -€10,864 to €10,124
- Write-downs +€2,500
new in 2025: €2,500
- Taxes +€950
new in 2025: €950
- Other operating charges +€326
up €326 (+133.9%), from €244 to €570
- Depreciation +€235
up €235 (+6273.3%), from €4 to €238
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 | €13,740 | €24,151 | +€10,411 | +75.8% |
| Fixed assets | 21/28 | €639 | €661 | +€21 | +3.3% |
| Tangible fixed assets | 22/27 | €639 | €661 | +€21 | +3.3% |
| Furniture and vehicles | 24 | €639 | €661 | +€21 | +3.3% |
| Current assets | 29/58 | €13,101 | €23,491 | +€10,390 | +79.3% |
| Stocks and contracts in progress | 3 | €700 | €1,500 | +€800 | +114.3% |
| Stocks | 30/36 | €700 | €1,500 | +€800 | +114.3% |
| Amounts receivable within one year | 40/41 | €11,682 | €21,462 | +€9,780 | +83.7% |
| Trade receivables | 40 | €7,700 | €18,791 | +€11,091 | +144.1% |
| Other amounts receivable | 41 | €3,983 | €2,671 | -€1,312 | -32.9% |
| Cash at bank and in hand | 54/58 | €119 | €529 | +€410 | +345.4% |
| Deferred charges and accrued income | 490/1 | €600 | - | -€600 | |
| Total equity and liabilities | 10/49 | €13,740 | €24,151 | +€10,411 | +75.8% |
| Equity | 10/15 | -€8,499 | -€2,842 | +€5,658 | +66.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,499 | -€5,842 | +€5,658 | +49.2% |
| Amounts payable | 17/49 | €22,239 | €26,993 | +€4,754 | +21.4% |
| Amounts payable within one year | 42/48 | €22,239 | €26,993 | +€4,754 | +21.4% |
| Trade debts | 44 | €11,156 | €12,310 | +€1,154 | +10.3% |
| Suppliers | 440/4 | €11,156 | €12,310 | +€1,154 | +10.3% |
| Taxes, remuneration and social security | 45 | - | €2,832 | +€2,832 | |
| Taxes | 450/3 | - | €2,832 | +€2,832 | |
| Other amounts payable | 47/48 | €11,084 | €11,851 | +€767 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €238 | +€235 | +6273.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €244 | €570 | +€326 | +133.9% |
| Gross operating margin | 9900 | -€10,864 | €10,124 | +€20,988 | |
| Operating profit (loss) | 9901 | -€11,112 | €6,815 | +€17,927 | |
| Financial income | 75/76B | €30 | €2 | -€28 | -95.0% |
| Recurring financial income | 75 | €30 | €2 | -€28 | -95.0% |
| Financial charges | 65/66B | €418 | €209 | -€209 | -49.9% |
| Recurring financial charges | 65 | €418 | €209 | -€209 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,499 | €6,607 | +€18,107 | |
| Income taxes | 67/77 | - | €950 | +€950 | |
| Profit (loss) for the period | 9904 | -€11,499 | €5,658 | +€17,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,499 | €5,658 | +€17,157 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.