JM FINANCIAL SERVICES: 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 FINANCIAL SERVICES
Largest movements
- Cash +€19,012
up €19,012 (+29.3%), from €64,794 to €83,806
mainly Net result for the year (+€150,310) and Depreciation (+€6,221)
- Deferred charges and accrued income +€10,221
up €10,221 (+21.2%), from €48,261 to €58,482
- Tangible fixed assets -€6,221
down €6,221 (-90.2%), from €6,895 to €674
of which Leasing and similar rights: -€5,432
- Profit (loss) carried forward +€150,310
new in 2025: €150,310
- Other debts -€101,008
no longer reported in 2025 (was €101,008)
- Tax, wage and social debts -€20,078
down €20,078 (-73.7%), from €27,229 to €7,151
- Current portion of long-term debt -€5,082
no longer reported in 2025 (was €5,082)
- Gross operating margin +€23,011
up €23,011 (+12.6%), from €181,996 to €205,007
- Taxes +€5,392
up €5,392 (+13.2%), from €40,965 to €46,357
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 | €141,918 | €164,192 | +€22,274 | +15.7% |
| Fixed assets | 21/28 | €6,895 | €674 | -€6,221 | -90.2% |
| Tangible fixed assets | 22/27 | €6,895 | €674 | -€6,221 | -90.2% |
| Plant, machinery and equipment | 23 | €505 | €86 | -€419 | -82.9% |
| Furniture and vehicles | 24 | €958 | €588 | -€370 | -38.6% |
| Leasing and similar rights | 25 | €5,432 | €0 | -€5,432 | -100% |
| Current assets | 29/58 | €135,023 | €163,518 | +€28,495 | +21.1% |
| Amounts receivable within one year | 40/41 | €21,969 | €21,231 | -€738 | -3.4% |
| Trade receivables | 40 | €21,969 | €21,231 | -€738 | -3.4% |
| Cash at bank and in hand | 54/58 | €64,794 | €83,806 | +€19,012 | +29.3% |
| Deferred charges and accrued income | 490/1 | €48,261 | €58,482 | +€10,221 | +21.2% |
| Total equity and liabilities | 10/49 | €141,918 | €164,192 | +€22,274 | +15.7% |
| Equity | 10/15 | €6,641 | €156,951 | +€150,310 | +2,263% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,641 | €3,641 | = | 0.0% |
| Distributable reserves | 133 | €3,641 | €3,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €150,310 | +€150,310 | |
| Amounts payable | 17/49 | €135,277 | €7,241 | -€128,036 | -94.6% |
| Amounts payable after more than one year | 17 | €1,357 | - | -€1,357 | |
| Financial debts | 170/4 | €1,357 | - | -€1,357 | |
| Amounts payable within one year | 42/48 | €133,920 | €7,241 | -€126,679 | -94.6% |
| Current portion of amounts payable after more than one year | 42 | €5,082 | - | -€5,082 | |
| Trade debts | 44 | €601 | €90 | -€511 | -85.0% |
| Suppliers | 440/4 | €601 | €90 | -€511 | -85.0% |
| Taxes, remuneration and social security | 45 | €27,229 | €7,151 | -€20,078 | -73.7% |
| Taxes | 450/3 | €27,229 | €7,151 | -€20,078 | -73.7% |
| Other amounts payable | 47/48 | €101,008 | - | -€101,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,357 | €6,221 | -€1,136 | -15.4% |
| Other operating charges | 640/8 | €2,068 | €1,997 | -€71 | -3.4% |
| Gross operating margin | 9900 | €181,996 | €205,007 | +€23,011 | +12.6% |
| Operating profit (loss) | 9901 | €172,572 | €196,789 | +€24,217 | +14.0% |
| Financial income | 75/76B | €864 | - | -€864 | |
| Recurring financial income | 75 | €864 | - | -€864 | |
| Financial charges | 65/66B | €252 | €122 | -€130 | -51.6% |
| Recurring financial charges | 65 | €252 | €122 | -€130 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €173,184 | €196,667 | +€23,483 | +13.6% |
| Income taxes | 67/77 | €40,965 | €46,357 | +€5,392 | +13.2% |
| Profit (loss) for the period | 9904 | €132,219 | €150,310 | +€18,091 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,219 | €150,310 | +€18,091 | +13.7% |
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 23 October 2026 via checked.be.