JM IMMO S.A.: 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 IMMO S.A.
Largest movements
- Tangible fixed assets -€25,819
down €25,819 (-3.0%), from €855,914 to €830,094
- Debts after one year -€59,892
down €59,892 (-11.0%), from €545,371 to €485,478
- Other debts +€26,350
up €26,350 (+8.4%), from €314,243 to €340,593
- Financial charges -€1,172
down €1,172 (-8.8%), from €13,323 to €12,151
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 | €862,497 | €834,216 | -€28,281 | -3.3% |
| Fixed assets | 21/28 | €855,914 | €830,094 | -€25,819 | -3.0% |
| Tangible fixed assets | 22/27 | €855,914 | €830,094 | -€25,819 | -3.0% |
| Land and buildings | 22 | €855,914 | €830,094 | -€25,819 | -3.0% |
| Current assets | 29/58 | €6,583 | €4,122 | -€2,461 | -37.4% |
| Cash at bank and in hand | 54/58 | €6,138 | €3,427 | -€2,711 | -44.2% |
| Deferred charges and accrued income | 490/1 | €445 | €695 | +€250 | +56.2% |
| Total equity and liabilities | 10/49 | €862,497 | €834,216 | -€28,281 | -3.3% |
| Equity | 10/15 | -€56,749 | -€51,792 | +€4,957 | +8.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,249 | -€113,292 | +€4,957 | +4.2% |
| Amounts payable | 17/49 | €919,246 | €886,008 | -€33,238 | -3.6% |
| Amounts payable after more than one year | 17 | €545,371 | €485,478 | -€59,892 | -11.0% |
| Financial debts | 170/4 | €545,371 | €485,478 | -€59,892 | -11.0% |
| Amounts payable within one year | 42/48 | €373,875 | €400,530 | +€26,655 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €58,655 | €59,892 | +€1,238 | +2.1% |
| Trade debts | 44 | €977 | €44 | -€933 | -95.5% |
| Suppliers | 440/4 | €977 | €44 | -€933 | -95.5% |
| Other amounts payable | 47/48 | €314,243 | €340,593 | +€26,350 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,356 | €25,819 | +€464 | +1.8% |
| Other operating charges | 640/8 | €8,822 | €9,088 | +€266 | +3.0% |
| Gross operating margin | 9900 | €51,853 | €52,015 | +€162 | +0.3% |
| Operating profit (loss) | 9901 | €17,676 | €17,108 | -€568 | -3.2% |
| Financial charges | 65/66B | €13,323 | €12,151 | -€1,172 | -8.8% |
| Recurring financial charges | 65 | €13,323 | €12,151 | -€1,172 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €4,353 | €4,957 | +€604 | +13.9% |
| Profit (loss) for the period | 9904 | €4,353 | €4,957 | +€604 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,353 | €4,957 | +€604 | +13.9% |
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 26 October 2026 via checked.be.