JM Dining: 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 Dining
Largest movements
- Tangible fixed assets -€56,978
down €56,978 (-9.8%), from €584,023 to €527,045
of which Land and buildings: -€48,517
- Receivables within one year +€15,357
up €15,357 (+219.0%), from €7,014 to €22,371
of which Other amounts receivable: +€15,655
- Current investments -€13,471
down €13,471 (-2.8%), from €478,277 to €464,806
- Cash -€12,269
down €12,269 (-41.0%), from €29,914 to €17,645
mainly Tax, wage and social debts (-€38,219) and Debts after one year (-€36,333)
- Reserves +€41,437
up €41,437 (+7.9%), from €521,816 to €563,253
of which Distributable reserves: +€21,304
- Tax, wage and social debts -€38,219
down €38,219 (-56.4%), from €67,785 to €29,567
of which Taxes: -€35,402
- Debts after one year -€36,333
down €36,333 (-8.9%), from €406,416 to €370,084
- Trade debts -€27,532
down €27,532 (-58.1%), from €47,378 to €19,846
- Other debts -€12,605
down €12,605 (-30.3%), from €41,643 to €29,039
- Gross operating margin -€73,516
down €73,516 (-24.3%), from €302,186 to €228,669
- Taxes -€22,170
down €22,170 (-56.2%), from €39,445 to €17,275
- Financial income +€4,173
up €4,173 (+67.8%), from €6,155 to €10,328
- Depreciation +€4,156
up €4,156 (+7.6%), from €54,971 to €59,127
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 | €1,136,662 | €1,060,521 | -€76,141 | -6.7% |
| Fixed assets | 21/28 | €584,023 | €527,045 | -€56,978 | -9.8% |
| Tangible fixed assets | 22/27 | €584,023 | €527,045 | -€56,978 | -9.8% |
| Land and buildings | 22 | €544,414 | €495,897 | -€48,517 | -8.9% |
| Plant, machinery and equipment | 23 | €14,192 | €11,205 | -€2,987 | -21.0% |
| Furniture and vehicles | 24 | €25,417 | €19,943 | -€5,474 | -21.5% |
| Current assets | 29/58 | €552,639 | €533,476 | -€19,163 | -3.5% |
| Stocks and contracts in progress | 3 | €9,995 | €8,183 | -€1,812 | -18.1% |
| Stocks | 30/36 | €9,995 | €8,183 | -€1,812 | -18.1% |
| Amounts receivable within one year | 40/41 | €7,014 | €22,371 | +€15,357 | +219.0% |
| Trade receivables | 40 | €318 | €20 | -€298 | -93.7% |
| Other amounts receivable | 41 | €6,695 | €22,351 | +€15,655 | +233.8% |
| Current investments | 50/53 | €478,277 | €464,806 | -€13,471 | -2.8% |
| Cash at bank and in hand | 54/58 | €29,914 | €17,645 | -€12,269 | -41.0% |
| Deferred charges and accrued income | 490/1 | €27,440 | €20,472 | -€6,968 | -25.4% |
| Total equity and liabilities | 10/49 | €1,136,662 | €1,060,521 | -€76,141 | -6.7% |
| Equity | 10/15 | €534,216 | €575,653 | +€41,437 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €521,816 | €563,253 | +€41,437 | +7.9% |
| Tax-exempt reserves | 132 | €95,641 | €115,775 | +€20,134 | +21.1% |
| Distributable reserves | 133 | €426,175 | €447,478 | +€21,304 | +5.0% |
| Amounts payable | 17/49 | €602,446 | €484,868 | -€117,579 | -19.5% |
| Amounts payable after more than one year | 17 | €406,416 | €370,084 | -€36,333 | -8.9% |
| Financial debts | 170/4 | €406,416 | €370,084 | -€36,333 | -8.9% |
| Amounts payable within one year | 42/48 | €196,030 | €114,784 | -€81,246 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €39,224 | €36,333 | -€2,891 | -7.4% |
| Trade debts | 44 | €47,378 | €19,846 | -€27,532 | -58.1% |
| Suppliers | 440/4 | €47,378 | €19,846 | -€27,532 | -58.1% |
| Taxes, remuneration and social security | 45 | €67,785 | €29,567 | -€38,219 | -56.4% |
| Taxes | 450/3 | €49,816 | €14,413 | -€35,402 | -71.1% |
| Remuneration and social security | 454/9 | €17,969 | €15,153 | -€2,816 | -15.7% |
| Other amounts payable | 47/48 | €41,643 | €29,039 | -€12,605 | -30.3% |
| Non-recurring operating income | 76A | €10,254 | €2,210 | -€8,044 | -78.4% |
| Remuneration, social security and pensions | 62 | €93,993 | €95,496 | +€1,503 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,971 | €59,127 | +€4,156 | +7.6% |
| Other operating charges | 640/8 | €6,917 | €7,162 | +€245 | +3.5% |
| Gross operating margin | 9900 | €302,186 | €228,669 | -€73,516 | -24.3% |
| Operating profit (loss) | 9901 | €146,304 | €66,884 | -€79,421 | -54.3% |
| Financial income | 75/76B | €6,155 | €10,328 | +€4,173 | +67.8% |
| Recurring financial income | 75 | €6,155 | €10,328 | +€4,173 | +67.8% |
| Financial charges | 65/66B | €19,216 | €18,499 | -€716 | -3.7% |
| Recurring financial charges | 65 | €19,216 | €18,499 | -€716 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €133,244 | €58,712 | -€74,532 | -55.9% |
| Income taxes | 67/77 | €39,445 | €17,275 | -€22,170 | -56.2% |
| Profit (loss) for the period | 9904 | €93,799 | €41,437 | -€52,361 | -55.8% |
| Transfer to tax-exempt reserves | 689 | €32,491 | €20,134 | -€12,357 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,308 | €21,304 | -€40,004 | -65.3% |
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 6 October 2026 via checked.be.