JM-JACK: 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-JACK
Largest movements
- Receivables within one year -€12,811
down €12,811 (-22.8%), from €56,295 to €43,484
of which Trade receivables: -€21,842
- Tangible fixed assets -€8,980
down €8,980 (-28.2%), from €31,811 to €22,831
- Trade debts -€21,811
down €21,811 (-92.2%), from €23,645 to €1,834
- Profit (loss) carried forward +€12,828
up €12,828 (+65.4%), from €19,625 to €32,453
- Debts after one year -€12,033
down €12,033 (-61.7%), from €19,511 to €7,478
- Gross operating margin -€15,445
down €15,445 (-30.7%), from €50,365 to €34,920
- Financial charges -€1,676
down €1,676 (-45.2%), from €3,705 to €2,029
- Taxes -€1,019
down €1,019 (-19.9%), from €5,125 to €4,107
- Other operating charges +€810
up €810 (+13.1%), from €6,168 to €6,977
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,107 | €75,785 | -€21,322 | -22.0% |
| Fixed assets | 21/28 | €40,811 | €31,831 | -€8,980 | -22.0% |
| Tangible fixed assets | 22/27 | €31,811 | €22,831 | -€8,980 | -28.2% |
| Furniture and vehicles | 24 | €31,811 | €22,831 | -€8,980 | -28.2% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €56,295 | €43,954 | -€12,342 | -21.9% |
| Amounts receivable within one year | 40/41 | €56,295 | €43,484 | -€12,811 | -22.8% |
| Trade receivables | 40 | €46,657 | €24,815 | -€21,842 | -46.8% |
| Other amounts receivable | 41 | €9,638 | €18,669 | +€9,031 | +93.7% |
| Deferred charges and accrued income | 490/1 | - | €470 | +€470 | |
| Total equity and liabilities | 10/49 | €97,107 | €75,785 | -€21,322 | -22.0% |
| Equity | 10/15 | €25,825 | €38,653 | +€12,828 | +49.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,625 | €32,453 | +€12,828 | +65.4% |
| Amounts payable | 17/49 | €71,282 | €37,132 | -€34,149 | -47.9% |
| Amounts payable after more than one year | 17 | €19,511 | €7,478 | -€12,033 | -61.7% |
| Financial debts | 170/4 | €19,511 | €7,478 | -€12,033 | -61.7% |
| Amounts payable within one year | 42/48 | €51,770 | €29,654 | -€22,116 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €11,106 | €11,106 | = | 0.0% |
| Financial debts | 43 | €2,164 | €2,409 | +€245 | +11.3% |
| Credit institutions | 430/8 | €2,164 | €2,409 | +€245 | +11.3% |
| Trade debts | 44 | €23,645 | €1,834 | -€21,811 | -92.2% |
| Suppliers | 440/4 | €23,645 | €1,834 | -€21,811 | -92.2% |
| Taxes, remuneration and social security | 45 | €14,855 | €14,306 | -€550 | -3.7% |
| Taxes | 450/3 | €14,855 | €14,306 | -€550 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,980 | €8,980 | = | 0.0% |
| Other operating charges | 640/8 | €6,168 | €6,977 | +€810 | +13.1% |
| Non-recurring operating charges | 66A | €11,191 | - | -€11,191 | |
| Gross operating margin | 9900 | €50,365 | €34,920 | -€15,445 | -30.7% |
| Operating profit (loss) | 9901 | €24,026 | €18,963 | -€5,063 | -21.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,705 | €2,029 | -€1,676 | -45.2% |
| Recurring financial charges | 65 | €3,705 | €2,029 | -€1,676 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €20,321 | €16,934 | -€3,386 | -16.7% |
| Income taxes | 67/77 | €5,125 | €4,107 | -€1,019 | -19.9% |
| Profit (loss) for the period | 9904 | €15,195 | €12,828 | -€2,368 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,195 | €12,828 | -€2,368 | -15.6% |
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 7 October 2026 via checked.be.